1938-P Lincoln Wheat Cent Value

Real sold prices from 18 tracked eBay sales — tracking since July 2026.

1938-P Lincoln Wheat Cent — photo from the most recent tracked eBay sale

Photos from recent tracked eBay sales.

Raw (ungraded) value

$2.96

Top-grade value

$32.60

Computed from 18 real eBay sold listings tracked by CoinGrader since Jul 2026 · prices updated Aug 5, 2026. Not price-guide estimates.

Recent sales

Sale	Grade	Price	Listing
Jul 22, 2026	ANACS	$39.00	New Listing1938 ANACS Details Lincoln Cent 1c - Green Toned
Jul 22, 2026	Raw (ungraded)	$1.18	1938 P Lincoln Wheat Cent / Penny AVE CIRCULATED FREE SHIPPING
Jul 20, 2026	Raw (ungraded)	$1.73	1938 P Lincoln Cent Coin N287
Jul 19, 2026	Raw (ungraded)	$18.50	Uncirculated Red 1938 Philadelphia Mint Copper Lincoln Wheat Cent
Jul 19, 2026	NGC 66	$30.00	1938 Lincoln Cent Wheat Penny RD BU Gem NGC MS66 RED
Jul 18, 2026	Raw (ungraded)	$2.98	1938 (P) Lincoln Wheat Cent/Penny - XF Extremely Fine - Actual Coin B425
Jul 18, 2026	Raw (ungraded)	$1.00	1938 Lincoln Head Wheat Cent Penny - 2026041404
Jul 18, 2026	PCGS 66	$34.99	1938 Lincoln Cent PCGS MS66RD *RARE ORIGINAL COIN*
Jul 17, 2026	Raw (ungraded)	$17.10	Uncirculated Red 1938 Philadelphia Mint Copper Lincoln Wheat Cent
Jul 16, 2026	Raw (ungraded)	$1.00	1938 P LINCOLN WHEAT PENNY CENT CHOICE EXTREMELY FINE
Jul 15, 2026	Raw (ungraded)	$2.25	1938 PD S Lincoln Wheat Cent, Penny, Fine Condition
Jul 15, 2026	Raw (ungraded)	$1.25	1938 P Lincoln Wheat Penny Cent No Mint Mark - Circulated Philadelphia Mint
Jul 14, 2026	NGC 66	$32.95	1938-P LINCOLN WHEAT CENT NGC MS 66 RD
Jul 14, 2026	Raw (ungraded)	$13.99	1938 ERROR WOODY Lincoln Wheat Cent VF Coin Improper Alloy Mix #6 FREE SHIP
Jul 13, 2026	Raw (ungraded)	$5.00	1938 Lincoln Wheat Penny No Mint Mark One Cent Coin.
Jul 12, 2026	Raw (ungraded)	$3.25	1938 P, D, S, Lincoln Wheat Cent, Penny, Fine Condition
Jul 11, 2026	Raw (ungraded)	$1.00	1938 P No Mint Mark American Lincoln Wheat Penny - for your penny book!
Jul 11, 2026	Raw (ungraded)	$88.00	1938 Lincoln Cent Wheat Penny Proof, Lustrous Gem PR++ RD, Flashy Red

Frequently asked questions

How much is a 1938-P Lincoln Wheat Cent worth?

Based on real eBay sold listings, a raw (ungraded) 1938-P Lincoln Wheat Cent sells for around $3. Top-grade certified examples sell for around $33. These figures come from 18 tracked sales, not a price guide.

Where do these prices come from?

CoinGrader continuously tracks completed eBay sales for this coin. Prices shown are computed from those real transactions (recent sales weighted more heavily, obvious outliers removed) — they are market prices, not catalog or price-guide values.

Should I get my 1938-P Lincoln Wheat Cent graded?

Top-grade examples of this coin sell for around $33 versus roughly $3 raw, so grading can pay off if your coin is high quality. You can upload photos to CoinGrader for an instant AI grade estimate before spending on certification.

Have this coin?

Grade it and track its value. Upload photos for an instant AI grade estimate and a market value based on real sales like the ones on this page.

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Nearby years & mints

1938-D 1938-P Proof 1938-S 1937-D 1937-P 1937-P Proof 1937-S 1939-D

All Lincoln Wheat Cent values