Ungraded vs MS66 1940 S Lincoln Wheat Penny: price difference
1940 S Lincoln Wheat Penny value — Ungraded $3 vs MS66 $34. MS66 sells for 11.33× Ungraded (+1033%). Prices updated August 2026.
Medians of real sold listings per grade, updated August 2026 — how we compute values.
MS66 sells for 11.33× (+1033%) the Ungraded price — a $31 difference per coin.
MS66 sells for 3.78× (+278%) the MS62 price — a $25 difference per coin.
Should you get this coin graded?
Grading runs about $30 per coin all-in. On 1940 S Lincoln Wheat Penny, the jump from Ungraded to MS66 is worth $31 (11.33×) — 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).