1940 Lincoln Wheat Cent Value Guide

Period
1940
Origin
United States
Materials
Bronze (95% copper, 5% tin and zinc)

The 1940 Lincoln Wheat Cent is a classic piece of American numismatic history, minted during the lead-up to the United States' entry into World War II. Composed of 95% copper, these bronze coins are highly collectible for their iconic Victor David Brenner design featuring two stalks of wheat on the reverse.

What affects the value of 1940 Lincoln Wheat Cent?

  • Mint State condition significantly increases value compared to the standard $0.20-$0.25 range for circulated coins.
  • The presence of original 'Red' (RD) luster versus 'Brown' (BN) or 'Red-Brown' (RB) surfaces.
  • The specific mint of origin, as Denver (D) and San Francisco (S) mintages may carry slight premiums.
  • The clarity of fine details, such as the distinct lines in the wheat stalks and the hair on Lincoln's portrait.

How to Identify 1940 Lincoln Wheat Cent?

  • Look for the 'Wheat' design on the reverse, consisting of two stylized stalks of durum wheat framing the words 'ONE CENT'.
  • Check the date '1940' on the obverse side, located to the right of Abraham Lincoln's portrait.
  • Verify the composition is bronze (95% copper, 5% tin and zinc), which gives the coin its characteristic reddish-brown patina.
  • Examine the mint mark below the date; Philadelphia coins have no mark, while 'S' or 'D' indicate San Francisco or Denver.

History of 1940 Lincoln Wheat Cent

The Lincoln Cent, first issued in 1909 to commemorate Abraham Lincoln's 100th birthday, replaced the Indian Head Cent. The "Wheat Cent" design, featuring two stalks of wheat, was minted from 1909 to 1958. These coins are a tangible piece of American history, witnessing major events like World War II. They are popular among collectors due to their historical significance and the distinctive wheat reverse design.

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