1940-S Lincoln Wheat Penny Value Guide

The 1940-S Lincoln Wheat Penny is a prized bronze cent struck at the San Francisco Mint during the pre-WWII era. This collectible is significant for featuring Victor David Brenner's historic design, which was the first to depict a real person on circulating U.S. coinage.

What Is 1940-S Lincoln Wheat Penny Worth?

The typical price range for 1940-S Lincoln Wheat Penny is $25 - $25 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The presence of the 'S' mint mark, indicating production at the San Francisco Mint, which often carries a premium.
• The overall strike quality and preservation of fine details on the wheat ears and Lincoln's hair.
• The amount of original red luster remaining on the bronze surface versus brown oxidation.
• Market demand for the 1940-S date, with exceptional specimens valued at approximately $25.

How to Identify 1940-S Lincoln Wheat Penny?

• Locate the small 'S' mint mark positioned directly below the 1940 date on the obverse.
• Verify the bronze composition and the presence of two distinct wheat stalks on the reverse side.
• Check for the designer's initials 'VDB' which may be visible on the base of Lincoln's shoulder in high-grade examples.
• Ensure the coin features the classic 'In God We Trust' motto and 'Liberty' inscription characteristic of the series.

History of 1940-S Lincoln Wheat Penny

The Lincoln Wheat Cent, commonly known as the Wheat Penny, was first introduced in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth. Designed by Victor David Brenner, it marked the first time a real person, rather than an allegorical figure, was depicted on a circulating U.S. coin. The 'Wheat Ears' reverse design was used until 1958, making these coins a beloved piece of American numismatic history and a popular item among collectors.