1940 S Lincoln Wheat Penny — Coin Value
Lincoln Wheat PennyWhat the 1940 S Lincoln Wheat Penny is worth — ungraded vs graded (MS62 / MS66).
1940 S Lincoln Wheat Penny value — Ungraded $6 · MS62 $9 · MS66 $34. Prices updated August 2026.
Series · Lincoln Wheat PennyMint · SYear · 1940
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Value by grade
$6
Ungraded
+50%
$9
MS62
5.7×
$34
MS66
Real sold prices per grade — the MS66 premium on this card is 5.7× raw.
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Item details
- Series
- Lincoln Wheat Penny
- Year
- 1940
- Mint
- S
1940 S Lincoln Wheat Penny value
A raw (ungraded) 1940 S Lincoln Wheat Penny runs around $6, a certified MS62 about $9, and a high-grade MS66 commands $34.
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
| Condition | Value | Based on |
|---|---|---|
| Ungraded | $6 | eBay sold comps |
| MS62 | $9 | eBay sold comps |
| MS66 | $34 | eBay sold comps |
Frequently asked questions
- What is the starting price for an ungraded 1940 Lincoln Wheat Penny?
- An ungraded 1940 Lincoln Wheat Penny is listed starting around $5.
- How much more is an MS66 graded coin worth compared to an ungraded one?
- The MS66 grade is valued at $34, significantly higher than the ungraded price.
- What series and mint mark is this 1940 penny?
- This coin belongs to the Lincoln Wheat Penny series and was minted in S.