1928 Lincoln Wheat Penny Value Guide

- Period
- 1928
- Origin
- United States
- Materials
- Copper
- Category
- Wheat penny
The 1928 Lincoln Wheat Penny is a classic piece of American numismatic history, minted to honor the centennial of Abraham Lincoln's birth. While considered a common date, its status as a pre-Depression era copper coin makes it a staple for collectors completing a Wheat Cent set.
What Is 1928 Lincoln Wheat Penny Worth?
The typical price range for 1928 Lincoln Wheat Penny is $3 - $3 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:
- The presence of a mint mark, as 'S' and 'D' versions often command higher premiums than Philadelphia strikes.
- Overall strike quality and the amount of wear on Lincoln's hair and the wheat lines.
- The preservation of original copper luster and the absence of corrosion or heavy cleaning.
- The specific color designation, ranging from Brown (BN) to Red (RD), which significantly impacts market price.
How to Identify 1928 Lincoln Wheat Penny?
- Verify the 1928 date located on the obverse side below the 'In God We Trust' motto.
- Check for the designer's initials 'V.D.B.' which may be visible on the base of Lincoln's shoulder.
- Examine the reverse for the two distinct wheat stalks flanking the words 'ONE CENT'.
- Look for mint marks 'S' (San Francisco) or 'D' (Denver) below the date, or a plain date for Philadelphia.
History of 1928 Lincoln Wheat Penny
The Lincoln Wheat Penny was minted from 1909 to 1958. Designed by Victor David Brenner, it was introduced to commemorate the 100th anniversary of Abraham Lincoln's birth. The 'wheat' design on the reverse was replaced by the Lincoln Memorial design in 1959. Pennies from this era are highly sought after by collectors, with specific mint marks and years being more valuable than others. The 1928 penny is a common date, but still a cherished piece of American numismatic history.
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