Ungraded vs MS66 1938 D Lincoln Wheat Penny: price difference
1938 D Lincoln Wheat Penny value — Ungraded $7 vs MS66 $41. MS66 sells for 5.86× Ungraded (+486%). Prices updated August 2026.
Medians of real sold listings per grade, updated August 2026 — how we compute values.
MS66 sells for 5.86× (+486%) the Ungraded price — a $34 difference per coin.
MS66 sells for 6.83× (+583%) the MS62 price — a $35 difference per coin.
Should you get this coin graded?
Grading runs about $30 per coin all-in. On 1938 D Lincoln Wheat Penny, the jump from Ungraded to MS66 is worth $34 (5.86×) — if your copy grades at the top, that premium can cover the fee. A grade below the top one changes the math, so run your exact numbers first.
Run the grading break-even math →Values are estimates from real sales data — not appraisals or offers. Some links earn JunkPal a commission at no cost to you (disclosure).