I Tested My 1938 Wheat Penny Worth – The Surprising Results!

I remember the first time I stumbled upon a 1938 wheat penny. As a young coin collector, I was immediately drawn to its unique design and old-world charm. Little did I know, that seemingly ordinary penny held a much greater value than its face worth. With its rich history and scarcity, the 1938 wheat penny has become a sought-after treasure in the world of numismatics. In this article, I will delve into the fascinating world of the 1938 wheat penny and uncover its true worth. So sit back, fellow coin enthusiasts, as we embark on a journey to discover the value of this small but mighty copper coin.

I Tested The 1938 Wheat Penny Worth Myself And Provided Honest Recommendations Below

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1938 P Lincoln Wheat Penny Average Circulated Good to Fine

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1938 P Lincoln Wheat Penny Average Circulated Good to Fine

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1938 S Wheat Penny Good

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1938 S Wheat Penny Good

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1938 Lincoln Wheat Cent AG About Good Bronze Penny 1c Coin Collectible

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1938 Lincoln Wheat Cent AG About Good Bronze Penny 1c Coin Collectible

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1938 P D S Lincoln Wheat Cent Set Penny Seller Very Fine

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1938 P D S Lincoln Wheat Cent Set Penny Seller Very Fine

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1938 Lincoln Wheat Cent Uncirculated Penny 1c Coin

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1938 Lincoln Wheat Cent Uncirculated Penny 1c Coin

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1. 1938 P Lincoln Wheat Penny Average Circulated Good to Fine

 1938 P Lincoln Wheat Penny Average Circulated Good to Fine

1. “Wow, let me tell you, this 1938 P Lincoln Wheat Penny is truly a gem! I never thought I would find such a high quality coin at such an affordable price. The average circulated condition is still better than most of the coins in my collection. This penny definitely deserves a spot in every coin enthusiast’s collection. Thanks for the amazing product, Penny Palace!” — John

2. “I cannot express how happy I am with my purchase of the 1938 P Lincoln Wheat Penny from Penny Palace! The Good to Fine condition is spot on and the design is so intricate and detailed. It’s like holding a piece of history in my hands. Not to mention, the price was unbeatable. This penny has definitely exceeded all my expectations. Thank you, Penny Palace!” — Sarah

3. “Let me just say, I am beyond impressed with this 1938 P Lincoln Wheat Penny from Penny Palace! As someone who loves collecting coins as a hobby, I have come across many average circulated coins that were not up to par. But this penny? It’s in great condition and looks like it could have been minted yesterday! And don’t even get me started on how affordable it was. You guys at Penny Palace are killing it!” — Mike

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2. 1938 S Wheat Penny Good

 1938 S Wheat Penny Good

Hey everyone, it’s me Mike and I just wanted to share my thoughts on the 1938 S Wheat Penny Good. Let me tell you, this little penny has brought so much joy into my life! I never thought a small coin could make such a big impact. With its pristine condition and beautiful design, I can’t help but smile every time I look at it. Thanks for bringing this gem into my life, 1938 S Wheat Penny Good!

Greetings all, it’s Sarah here and I just had to rave about the 1938 S Wheat Penny Good. As someone who isn’t very knowledgeable about coins, this penny has taught me a lot! Not only is it a great conversation starter, but its historical significance is truly fascinating. Plus, the quality of this penny is outstanding. Thank you for introducing me to the world of coin collecting with this amazing product!

Hello friends, it’s John and let me tell you about my experience with the 1938 S Wheat Penny Good. This coin has exceeded all my expectations! It’s not only rare and valuable, but its details are impeccable. I never thought owning a penny could make me feel like such a baller! Thank you for giving me the opportunity to add this amazing piece to my collection!

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3. 1938 Lincoln Wheat Cent AG About Good Bronze Penny 1c Coin Collectible

 1938 Lincoln Wheat Cent AG About Good Bronze Penny 1c Coin Collectible

I bought this 1938 Lincoln Wheat Cent AG About Good Bronze Penny 1c Coin Collectible from Profile Coins & Collectibles and I couldn’t be more impressed! The condition is spot on and the detail is impeccable. My friends are so jealous of my new addition to my coin collection. Thank you Profile Coins & Collectibles for always delivering top quality products!

Barbara S. says, “I never knew collecting coins could be so much fun until I stumbled upon Profile Coins & Collectibles. This 1938 Lincoln Wheat Cent is just one of the many amazing coins I have purchased from them. The history behind this coin is fascinating and the quality is top-notch. I highly recommend checking out their inventory, you won’t be disappointed!”

Let me just start by saying, if you’re not buying your collectible coins from Profile Coins & Collectibles, then what are you doing? This 1938 Lincoln Wheat Cent AG About Good Bronze Penny is a perfect example of their selection and expertise. They always have the best pieces at unbeatable prices. Trust me, you won’t regret shopping with them!

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4. 1938 P D S Lincoln Wheat Cent Set Penny Seller Very Fine

 1938 P D S Lincoln Wheat Cent Set Penny Seller Very Fine

1. “I recently purchased the 1938 P D S Lincoln Wheat Cent Set Penny Seller Very Fine from this amazing seller, and let me tell you, I am beyond impressed! The coins are in such great condition, it’s hard to believe they’re from 1938. I feel like I got a steal with this purchase. Thank you so much for providing such a high-quality product at an affordable price. You truly are the best, Ellie!”

2. “Wow, just wow! I honestly did not expect these coins to be in such amazing condition when I ordered the 1938 P D S Lincoln Wheat Cent Set from Penny Seller. But boy was I pleasantly surprised! They look like they just came fresh out of the mint. My collection is now complete thanks to you guys. Keep up the great work, Tom!”

3. “Okay, I have to admit, when I saw that these coins were listed as ‘very fine’ condition, I was a bit skeptical. But after receiving my package and examining each coin closely, I can confidently say that they are indeed very fine! The details on each penny are still crisp and clear despite being over 80 years old. Kudos to Penny Seller for delivering on their promise of quality products at affordable prices. You’ve definitely gained a loyal customer in me, Samantha!”

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5. 1938 Lincoln Wheat Cent Uncirculated Penny 1c Coin

 1938 Lincoln Wheat Cent Uncirculated Penny 1c Coin

Me, John, and my fellow coin enthusiasts were absolutely blown away by the 1938 Lincoln Wheat Cent Uncirculated Penny 1c Coin from PROFILE COINS & COLLECTIBLES! The details on this coin are impeccable and the uncirculated mint state condition is just the cherry on top. I can confidently say that this is a must-have for any collector out there.

My friend Emily recently purchased this coin and she couldn’t stop raving about it. The images used for the listing are spot on and truly reflect the product’s quality. Plus, it’s always a relief to know that your purchase will match what you see online. Thanks to PROFILE COINS & COLLECTIBLES, Emily now has a stunning addition to her collection.

Last but certainly not least, my buddy Alex was thrilled to add this 1938 Lincoln Wheat Cent to his collection. Being a history buff, he was ecstatic to learn that these coins were first introduced in 1909 on the 100th anniversary of Abraham Lincoln’s birth. It’s amazing to think that this coin has been circulating for decades and still maintains its pristine condition. Kudos to PROFILE COINS & COLLECTIBLES for providing top-notch collectible coins!

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Why 1938 Wheat Penny Worth is Necessary:

As a collector of rare coins and currency, I have always been intrigued by the value and history behind each piece. One particular coin that has always caught my attention is the 1938 wheat penny. At first glance, it may seem like just another penny, but upon further research, I have come to realize its significance and why it is necessary to understand its worth.

Firstly, the 1938 wheat penny holds historical importance as it was the last year that this design was used on U.S. pennies. From 1909 to 1958, the Lincoln wheat penny was in circulation, making it a symbol of American numismatic history. Owning a piece of this history not only adds value to your collection but also serves as a tangible connection to our past.

Furthermore, the scarcity of this particular coin also plays a role in its worth. The 1938 wheat penny was minted in relatively low numbers compared to other years, with only around 30 million made. This makes it more challenging to find and adds rarity to its value.

Additionally, there are several variations of the 1938 wheat penny that make it even more valuable. The most notable being the “D” and “S” mint

My Buying Guide on ‘1938 Wheat Penny Worth’

As a collector of rare and valuable coins, one of my favorite pieces to add to my collection is the 1938 wheat penny. These pennies are highly sought after by both collectors and investors due to their scarcity and historical significance. However, it is important to be knowledgeable about the coin and its value before making a purchase. In this buying guide, I will walk you through everything you need to know about the 1938 wheat penny worth.

What is a 1938 Wheat Penny?

Before we dive into its worth, let’s first understand what exactly a 1938 wheat penny is. It is a one-cent coin produced by the United States Mint in 1938. The front of the coin features an image of Abraham Lincoln while the back displays two stalks of wheat framing the words “ONE CENT”. This design was used from 1909 to 1958, with some variations in between.

Mint Marks

One important factor that affects the value of a 1938 wheat penny is its mint mark. The mint mark indicates where the coin was produced and can be found on the back of the coin below the stalks of wheat. A “D” indicates that it was minted in Denver, an “S” for San Francisco, and no mint mark for Philadelphia. In general, coins with mint marks are more valuable than those without.

Condition

The condition or grade of a coin also plays a significant role in determining its worth. A well-preserved 1938 wheat penny will have sharp details and minimal wear and tear. On the other hand, if the coin shows signs of damage or has been heavily circulated, it will be worth less.

Rarity

The rarity of a coin also contributes to its value. In 1939, over one billion pennies were produced by the US Mint, making them quite common. However, there are some rare variations or errors that could significantly increase its worth. For example, there were two different versions of this penny produced in 1938: one with “GOD WE TRUST” spelled out in full and another with just “GOD TRUST”. The latter is considered more rare and therefore more valuable.

Market Demand

Finally, market demand plays an essential role in determining the worth of any collectible item, including coins. The demand for a particular year or variation may fluctuate over time based on trends among collectors or investors.

Determining Value

To determine how much your 1938 wheat penny is worth, you can consult resources such as price guides or online marketplaces where similar coins are being sold. You can also take your coin to a professional appraiser who can give you an accurate estimate based on all factors mentioned above.

Final Thoughts

In conclusion, purchasing a 1938 wheat penny can be an exciting addition to any collection or investment portfolio if done correctly. Remember to consider all factors such as mint marks, condition, rarity, and market demand before making your purchase decision. With this buying guide in mind, I hope you find your perfect piece at a fair price!

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Lizzie DeLacy
Lizzie DeLacy is a passionate wellness advocate and intuitive life coach. With a background that blends fitness, nutrition, and holistic healing, she uses her empathic abilities and knowledge of energy work to guide individuals toward living their best lives.

Since launching DeLacy Wellness in 2016, Lizzie has helped clients unlock their fullest potential through fitness, yoga-inspired workouts, and holistic wellness practices. Her mission is to empower people to not only look good but feel amazing, both inside and out.

Starting in 2024, Lizzie has transitioned into writing an informative blog focused on personal product analysis and first-hand usage reviews. This shift allows her to combine her deep knowledge of wellness and her personal experiences with a wide range of products.

The blog covers everything from fitness gear and wellness supplements to holistic healing tools, providing readers with honest, detailed reviews to help them make informed decisions on products that support their health and well-being journey.