1938 D Lincoln Wheat Penny — Coin Value

Lincoln Wheat Penny

What the 1938 D Lincoln Wheat Penny is worth — ungraded vs graded (MS62 / MS66).

1938 D Lincoln Wheat Penny value — Ungraded $7 · MS62 $6 · MS66 $41. Prices updated August 2026.

Series · Lincoln Wheat PennyMint · DYear · 1938
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Value by grade
$7
Ungraded
+-14%
$6
MS62
5.9×
$41
MS66

Real sold prices per grade — the MS66 premium on this card is 5.9× raw.

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Item details

Series
Lincoln Wheat Penny
Year
1938
Mint
D

1938 D Lincoln Wheat Penny value

A raw (ungraded) 1938 D Lincoln Wheat Penny runs around $7, a certified MS62 about $6, and a high-grade MS66 commands $41.

What drives the price

Grade, mint mark, strike quality, and key dates drive coin value. Certified (slabbed) coins carry a premium over raw; low-mintage years and full-strike examples appreciate the most.

Price guide

What this actually trades for — sold values by condition vs. what sellers are asking today

Shop this on eBay ↗
ConditionValueBased on
Ungraded$7eBay sold comps
MS62$6eBay sold comps
MS66$41eBay sold comps

Frequently asked questions

What is the starting price for an ungraded 1938 D Lincoln Wheat Penny?
An ungraded 1938 D Lincoln Wheat Penny starts at $7.
How much is an MS66 graded 1938 D Lincoln Wheat Penny worth?
An MS66 graded 1938 D Lincoln Wheat Penny is valued at $40.
What is the series and mint mark for this coin?
This coin is part of the Lincoln Wheat Penny series and was minted in D.

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