1948 S Lincoln Wheat Penny — Coin Value
Lincoln Wheat PennyWhat the 1948 S Lincoln Wheat Penny is worth — ungraded vs graded (MS62 / MS66).
1948 S Lincoln Wheat Penny value — Ungraded $3 · MS62 $11 · MS66 $24. Prices updated August 2026.
Series · Lincoln Wheat PennyMint · SYear · 1948
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Value by grade
$3
Ungraded
3.7×
$11
MS62
8.0×
$24
MS66
Real sold prices per grade — the MS66 premium on this card is 8.0× raw.
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Item details
- Series
- Lincoln Wheat Penny
- Year
- 1948
- Mint
- S
1948 S Lincoln Wheat Penny value
A raw (ungraded) 1948 S Lincoln Wheat Penny runs around $3, a certified MS62 about $11, and a high-grade MS66 commands $24.
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 | $3 | eBay sold comps |
| MS62 | $11 | eBay sold comps |
| MS66 | $24 | eBay sold comps |
Frequently asked questions
- What is the starting price for an ungraded 1948 S Lincoln Wheat Penny?
- An ungraded 1948 S Lincoln Wheat Penny starts at a value of $2.
- How much more is an MS66 graded version worth compared to an ungraded one?
- An MS66 graded version is valued at $24, significantly higher than the ungraded price of $2.
- What series and mint mark is this specific coin?
- This coin belongs to the Lincoln Wheat Penny series and was minted in 'S'.