1938-S (San Francisco) Lincoln Cents - Wheat Reverse

Coin / United States of America / 1938 / San Francisco / Lincoln Cents - Wheat Reverse / 1¢ (One Cent, Penny)

The coin in question is a 1938 Lincoln Penny, part of the Wheat Reverse series, which is notable for its iconic design featuring the image of President Abraham Lincoln on the obverse and two wheat stalks on the reverse. This specific coin was minted in San Francisco, as indicated by the 'S' mint mark. Weighing 3.11 grams and measuring 19 millimeters in diameter, this one-cent piece is composed of bronze, a metal alloy that was commonly used for U.S. coinage at the time. With a total mintage of 15,180,000, the 1938 Lincoln Penny is considered relatively common, though the value can vary based on its condition. In terms of grading, coins from this series can be evaluated on a scale from Good to Mint state, with the particular wear and preservation determining the specific grade. Collectors often seek out well-preserved specimens or particularly rare varieties, which can command higher prices. As for its value, if the coin is in excellent condition, it could be worth a few dollars, but in lower grades, it might sell for just a bit above face value. Ultimately, the market price can fluctuate based on demand, collector interest, and overall coin conditions.