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Lincoln Cents 1938-1940

LINCOLN CENTS
Click below to skip to Coin Value Table for date selected
1909-1911 1912-1915 1916-1919 1920-1924
1925-1928 1929-1933 1934-1937 1938
1938-D 1938-S 1939 1939-D
1939-S 1940 1940-D 1940-S
Later Date Errors




1938 Lincoln Cents
Historical Value Trends
  Mintage: 156,696,734
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 BRN MS-63 RB MS-64 RED MS-65 RED MS-66 RED MS-67 RED PF-65 RED
1950 0.01 0.01 0.01 0.01 0.02 0.05 0.10 --- --- --- --- --- 1.75
1955 0.01 0.01 0.01 0.02 0.05 0.10 0.20 --- --- --- --- --- 4.50
1960 0.01 0.01 0.01 0.05 0.10 0.35 1.40 --- --- --- --- --- 7.25
1965 0.01 0.01 0.02 0.10 0.35 0.75 2.35 --- --- --- --- --- 25.00
1970 0.05 0.10 0.15 0.20 0.30 0.60 1.50 --- --- --- --- --- 16.00
1975 0.05 0.10 0.15 0.20 0.30 0.50 1.00 --- --- --- --- --- 25.00
1980 0.05 0.10 0.15 0.20 0.30 0.60 1.60 --- --- 2.50 --- --- 70.00
1985 0.05 0.10 0.15 0.20 0.30 0.60 1.50 3.00 --- 4.00 --- --- 115
1990 0.10 0.15 0.20 0.30 0.60 1.00 1.75 2.75 --- 6.00 --- --- 275
1995 0.10 0.15 0.20 0.30 0.60 1.00 1.25 1.75 2.50 6.00 --- 17.50 85.00
2000 0.10 0.15 0.20 0.30 0.60 1.00 1.25 1.75 3.00 6.00 20.00 50.00 100
2003 0.10 0.15 0.20 0.30 0.60 1.00 1.25 1.75 7.50 15.00 50.00 150 250
2006 0.10 0.15 0.20 0.30 0.60 1.00 6.00 9.00 17.50 25.00 50.00 150 250
2008 0.10 0.15 0.20 0.30 0.60 1.00 6.00 9.00 17.50 25.00 50.00 150 250
Compounded Annual % Return Rate Since…
Computed from year indicated in left-most column to the year 2008
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 MS-63 MS-65 MS-66 PF-65 MS-66 PF-65
1950 4.05 4.78 5.30 6.04 6.04 5.30 7.31 --- --- --- --- --- 8.93
1980 2.51 1.46 1.03 1.46 2.51 1.84 4.83 --- --- 8.57 --- --- 4.65
1995 0.00 0.00 0.00 0.00 0.00 0.00 12.82 13.42 16.15 11.60 --- 17.97 8.65
2003 0.00 0.00 0.00 0.00 0.00 0.00 36.85 38.75 18.47 10.76 0.00 0.00 0.00

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1938-D Lincoln Cents
Historical Value Trends
  Mintage: 20,010,000
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 BRN MS-63 RB MS-64 RED MS-65 RB MS-65 RED MS-66 RED MS-67 RED
1950 0.01 0.01 0.01 0.02 0.05 0.10 0.15 --- --- --- --- --- ---
1955 0.01 0.01 0.02 0.05 0.10 0.20 0.30 --- --- --- --- --- ---
1960 0.01 0.01 0.05 0.10 0.15 0.40 1.00 --- --- --- --- --- ---
1965 0.25 0.30 0.35 0.40 0.50 1.50 3.85 --- --- --- --- --- ---
1970 0.15 0.20 0.30 0.45 0.65 2.10 2.50 --- --- --- --- --- ---
1975 0.15 0.20 0.30 0.45 0.65 1.50 1.75 --- --- --- --- --- ---
1980 0.15 0.20 0.30 0.45 0.65 2.00 2.50 --- --- --- 5.00 --- ---
1985 0.15 0.20 0.30 0.45 0.65 2.25 2.75 4.00 --- --- 6.00 --- ---
1990 0.20 0.30 0.40 0.75 1.50 2.00 3.75 5.00 --- --- 10.00 --- ---
1995 0.20 0.30 0.40 0.75 0.85 1.00 2.00 3.75 4.25 --- 6.50 --- ---
2000 0.20 0.30 0.40 0.75 0.85 1.00 2.00 3.75 5.00 --- 6.50 20.00 75.00
2003 0.20 0.30 0.40 0.75 0.85 1.00 2.00 3.75 9.00 --- 15.00 60.00 150
2006 0.20 0.30 0.40 0.75 0.85 1.00 7.00 10.00 15.00 17.50 25.00 60.00 150
2008 0.20 0.30 0.40 0.75 0.85 1.00 7.00 10.00 15.00 20.00 25.00 60.00 150
Compounded Annual % Return Rate Since…
Computed from year indicated in left-most column to the year 2008
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 MS-63 MS-65 MS-66 PF-65 MS-66 PF-65
1950 5.30 6.04 6.57 6.45 5.01 4.05 6.85 --- --- --- --- --- ---
1980 1.03 1.46 1.03 1.84 0.96 -2.45 3.75 --- --- --- 5.92 --- ---
1995 0.00 0.00 0.00 0.00 0.00 0.00 10.12 7.84 10.19 --- 10.92 --- ---
2003 0.00 0.00 0.00 0.00 0.00 0.00 28.47 21.67 10.76 --- 10.76 0.00 0.00

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1938-S Lincoln Cents
Historical Value Trends
  Mintage: 15,180,000
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 BRN MS-63 RB MS-64 RED MS-65 RB MS-65 RED MS-66 RED MS-67 RED
1950 0.01 0.01 0.01 0.02 0.05 0.10 0.15 --- --- --- --- --- ---
1955 0.01 0.01 0.02 0.05 0.10 0.20 0.30 --- --- --- --- --- ---
1960 0.01 0.02 0.05 0.10 0.20 0.65 1.50 --- --- --- --- --- ---
1965 0.35 0.45 0.55 0.75 0.95 2.50 6.00 --- --- --- --- --- ---
1970 0.30 0.40 0.60 0.70 0.95 2.00 3.00 --- --- --- --- --- ---
1975 0.25 0.35 0.45 0.55 0.75 1.65 2.50 --- --- --- --- --- ---
1980 0.25 0.35 0.45 0.55 0.75 1.75 3.50 --- --- --- 6.00 --- ---
1985 0.25 0.35 0.45 0.55 0.75 1.25 2.80 5.00 --- --- 7.00 --- ---
1990 0.20 0.30 0.35 0.55 1.00 1.25 2.00 3.75 --- --- 10.00 --- ---
1995 0.20 0.30 0.35 0.55 0.75 1.00 1.75 2.50 3.75 --- 10.00 --- ---
2000 0.20 0.30 0.35 0.55 0.75 1.00 2.50 3.00 5.00 --- 10.00 25.00 35.00
2003 0.20 0.30 0.35 0.55 0.75 1.00 2.50 3.00 7.50 --- 22.50 50.00 100
2006 0.20 0.30 0.35 0.55 0.75 1.00 5.00 7.50 12.50 17.50 22.50 50.00 100
2008 0.20 0.30 0.35 0.55 0.75 1.00 5.00 7.50 12.50 17.50 22.50 50.00 100
Compounded Annual % Return Rate Since…
Computed from year indicated in left-most column to the year 2008
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 MS-63 MS-65 MS-66 PF-65 MS-66 PF-65
1950 5.30 6.04 6.32 5.88 4.78 4.05 6.23 --- --- --- --- --- ---
1980 -0.79 -0.55 -0.89 0.00 0.00 -1.98 1.28 --- --- --- 4.83 --- ---
1995 0.00 0.00 0.00 0.00 0.00 0.00 8.41 8.82 9.70 --- 6.44 --- ---
2003 0.00 0.00 0.00 0.00 0.00 0.00 14.87 20.11 10.76 --- 0.00 0.00 0.00

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1939 Lincoln Cents
Historical Value Trends
  Mintage: 316,479,520
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 BRN MS-63 RB MS-64 RED MS-65 RED MS-66 RED MS-67 RED PF-65 RED
1950 0.01 0.01 0.01 0.01 0.02 0.05 0.10 --- --- --- --- --- 1.25
1955 0.01 0.01 0.01 0.02 0.05 0.10 0.20 --- --- --- --- --- 2.50
1960 0.01 0.01 0.02 0.05 0.10 0.30 0.65 --- --- --- --- --- 4.00
1965 0.01 0.02 0.05 0.10 0.35 0.50 1.35 --- --- --- --- --- 17.50
1970 0.02 0.05 0.10 0.15 0.25 0.40 0.80 --- --- --- --- --- 13.00
1975 0.02 0.05 0.10 0.15 0.25 0.40 0.75 --- --- --- --- --- 22.50
1980 0.02 0.05 0.10 0.15 0.25 0.40 0.75 --- --- 1.25 --- --- 70.00
1985 0.02 0.05 0.10 0.15 0.25 0.40 0.60 1.25 --- 2.00 --- --- 100
1990 0.05 0.10 0.15 0.25 0.40 0.60 1.00 2.00 --- 4.50 --- --- 200
1995 0.05 0.10 0.15 0.25 0.30 0.40 0.50 1.25 2.00 6.50 17.50 60.00 90.00
2000 0.05 0.10 0.15 0.25 0.30 0.40 0.50 1.00 3.00 6.50 25.00 80.00 100
2003 0.05 0.10 0.15 0.25 0.30 0.40 0.50 1.00 5.00 15.00 40.00 125 500
2006 0.05 0.10 0.15 0.25 0.30 0.40 2.00 3.00 9.00 15.00 40.00 125 500
2008 0.05 0.10 0.15 0.25 0.30 0.40 2.00 3.00 9.00 15.00 40.00 125 500
Compounded Annual % Return Rate Since…
Computed from year indicated in left-most column to the year 2008
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 MS-63 MS-65 MS-66 PF-65 MS-66 PF-65
1950 2.81 4.05 4.78 5.71 4.78 3.65 5.30 --- --- --- --- --- 10.88
1980 3.33 2.51 1.46 1.84 0.65 0.00 3.57 --- --- 9.28 --- --- 7.27
1995 0.00 0.00 0.00 0.00 0.00 0.00 11.25 6.97 12.27 6.64 6.57 5.81 14.10
2003 0.00 0.00 0.00 0.00 0.00 0.00 31.95 24.57 12.47 0.00 0.00 0.00 0.00

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1939-D Lincoln Cents
Historical Value Trends
  Mintage: 15,160,000
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 BRN MS-63 RB MS-64 RED MS-65 RB MS-65 RED MS-66 RED MS-67 RED
1950 0.01 0.02 0.03 0.05 0.10 0.15 0.20 --- --- --- --- --- ---
1955 0.10 0.15 0.20 0.25 0.35 0.45 0.60 --- --- --- --- --- ---
1960 0.25 0.35 0.45 0.70 1.00 1.75 3.00 --- --- --- --- --- ---
1965 0.50 0.65 0.75 1.10 1.75 3.00 7.00 --- --- --- --- --- ---
1970 0.35 0.45 0.60 0.70 1.10 1.85 4.00 --- --- --- --- --- ---
1975 0.35 0.45 0.55 0.65 0.85 1.45 3.00 --- --- --- --- --- ---
1980 0.35 0.45 0.55 0.65 0.85 1.45 3.00 --- --- --- 6.50 --- ---
1985 0.35 0.45 0.55 0.65 0.85 2.25 4.50 6.50 --- --- 9.00 --- ---
1990 0.25 0.35 0.40 0.75 1.50 1.75 4.00 6.50 --- --- 13.00 --- ---
1995 0.25 0.35 0.40 0.75 1.25 1.75 2.75 4.50 6.25 --- 13.00 --- ---
2000 0.25 0.35 0.40 0.75 1.00 1.25 1.75 4.00 6.00 --- 10.00 25.00 75.00
2003 0.25 0.35 0.40 0.75 1.00 1.25 1.75 4.00 8.00 --- 17.50 50.00 100
2006 0.25 0.35 0.40 0.75 1.00 1.25 4.50 6.00 17.50 17.50 25.00 50.00 100
2008 0.25 0.10 0.40 0.75 1.00 1.25 5.50 8.00 17.50 17.50 25.00 50.00 100
Compounded Annual % Return Rate Since…
Computed from year indicated in left-most column to the year 2008
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 MS-63 MS-65 MS-66 PF-65 MS-66 PF-65
1950 5.71 2.81 4.57 4.78 4.05 3.72 5.88 --- --- --- --- --- ---
1980 -1.19 -5.23 -1.13 0.51 0.58 -0.53 2.19 --- --- --- 4.93 --- ---
1995 0.00 -9.19 0.00 0.00 -1.70 -2.56 5.48 4.53 8.24 --- 5.16 --- ---
2003 0.00 -22.16 0.00 0.00 0.00 0.00 25.74 14.87 16.95 --- 7.39 0.00 0.00

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1939-S Lincoln Cents
Historical Value Trends
  Mintage: 52,070,000
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 BRN MS-63 RB MS-64 RED MS-65 RB MS-65 RED MS-66 RED MS-67 RED
1950 0.01 0.01 0.01 0.02 0.05 0.10 0.15 --- --- --- --- --- ---
1955 0.01 0.01 0.02 0.05 0.10 0.20 0.35 --- --- --- --- --- ---
1960 0.01 0.02 0.05 0.10 0.20 0.45 1.25 --- --- --- --- --- ---
1965 0.05 0.10 0.15 0.30 0.50 1.25 2.50 --- --- --- --- --- ---
1970 0.10 0.15 0.20 0.30 0.45 1.00 1.35 --- --- --- --- --- ---
1975 0.10 0.15 0.20 0.30 0.40 0.90 1.50 --- --- --- --- --- ---
1980 0.10 0.15 0.20 0.30 0.40 1.00 1.75 --- --- --- 3.25 --- ---
1985 0.10 0.15 0.20 0.30 0.40 1.50 2.25 3.00 --- --- 4.00 --- ---
1990 0.15 0.20 0.25 0.40 0.75 1.50 2.25 4.00 --- --- 11.00 --- ---
1995 0.15 0.20 0.25 0.40 0.75 1.00 1.25 2.25 5.25 --- 12.50 --- ---
2000 0.15 0.20 0.25 0.40 0.75 1.00 1.25 2.00 5.25 --- 12.50 22.50 42.50
2003 0.15 0.20 0.25 0.40 0.75 1.00 1.25 2.00 6.00 --- 20.00 40.00 100
2006 0.15 0.20 0.25 0.40 0.75 1.00 2.50 3.50 10.00 12.50 20.00 40.00 100
2008 0.15 0.20 0.25 0.40 0.75 1.00 2.50 3.50 12.50 15.00 20.00 40.00 100
Compounded Annual % Return Rate Since…
Computed from year indicated in left-most column to the year 2008
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 MS-63 MS-65 MS-66 PF-65 MS-66 PF-65
1950 4.78 5.30 5.71 5.30 4.78 4.05 4.97 --- --- --- --- --- ---
1980 1.46 1.03 0.80 1.03 2.27 0.00 1.28 --- --- --- 6.70 --- ---
1995 0.00 0.00 0.00 0.00 0.00 0.00 5.48 3.46 6.90 --- 3.68 --- ---
2003 0.00 0.00 0.00 0.00 0.00 0.00 14.87 11.84 15.81 --- 0.00 0.00 0.00

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1940 Lincoln Cents
Historical Value Trends
  Mintage: 586,825,872
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 BRN MS-63 RB MS-64 RED MS-65 RED MS-66 RED MS-67 RED PF-65 RED
1950 0.01 0.01 0.01 0.02 0.05 0.10 0.15 --- --- --- --- --- 1.25
1955 0.01 0.01 0.01 0.02 0.05 0.10 0.20 --- --- --- --- --- 2.50
1960 0.01 0.01 0.02 0.05 0.10 0.25 0.55 --- --- --- --- --- 3.75
1965 0.01 0.01 0.02 0.10 0.25 0.50 1.00 --- --- --- --- --- 15.00
1970 0.01 0.02 0.05 0.10 0.20 0.40 0.70 --- --- --- --- --- 12.00
1975 0.01 0.02 0.05 0.10 0.20 0.45 0.80 --- --- --- --- --- 20.00
1980 0.01 0.02 0.05 0.10 0.20 0.50 1.00 --- --- 1.50 --- --- 40.00
1985 0.02 0.03 0.05 0.10 0.20 0.40 0.60 1.25 --- 2.00 --- --- 85.00
1990 0.05 0.10 0.20 0.30 0.40 0.50 1.00 1.75 --- 3.50 --- --- 200
1995 0.05 0.10 0.20 0.30 0.40 0.50 0.60 1.25 1.75 3.00 --- --- 90.00
2000 0.05 0.10 0.20 0.30 0.40 0.50 0.60 1.00 2.25 3.00 20.00 35.00 90.00
2003 0.05 0.10 0.20 0.30 0.40 0.50 0.60 1.00 3.50 17.50 40.00 175 250
2006 0.05 0.10 0.20 0.30 0.40 0.50 2.50 3.50 10.00 17.50 40.00 175 250
2008 0.05 0.10 0.20 0.30 0.40 0.50 2.50 3.50 10.00 17.50 40.00 175 250
Compounded Annual % Return Rate Since…
Computed from year indicated in left-most column to the year 2008
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 MS-63 MS-65 MS-66 PF-65 MS-66 PF-65
1950 2.81 4.05 5.30 4.78 3.65 2.81 4.97 --- --- --- --- --- 9.57
1980 5.92 5.92 5.08 4.00 2.51 0.00 3.33 --- --- 9.17 --- --- 6.76
1995 0.00 0.00 0.00 0.00 0.00 0.00 11.60 8.24 14.35 14.53 --- --- 8.18
2003 0.00 0.00 0.00 0.00 0.00 0.00 33.03 28.47 23.36 0.00 0.00 0.00 0.00

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1940-D Lincoln Cents
Historical Value Trends
  Mintage: 81,390,000
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 BRN MS-63 RB MS-64 RED MS-65 RB MS-65 RED MS-66 RED MS-67 RED
1950 0.01 0.01 0.01 0.01 0.02 0.05 0.10 --- --- --- --- --- ---
1955 0.01 0.01 0.01 0.02 0.05 0.10 0.20 --- --- --- --- --- ---
1960 0.01 0.01 0.02 0.05 0.10 0.25 0.55 --- --- --- --- --- ---
1965 0.01 0.01 0.05 0.10 0.25 0.60 1.50 --- --- --- --- --- ---
1970 0.02 0.05 0.10 0.15 0.25 0.50 1.00 --- --- --- --- --- ---
1975 0.02 0.05 0.10 0.15 0.25 0.50 1.00 --- --- --- --- --- ---
1980 0.02 0.05 0.10 0.15 0.25 0.55 1.25 --- --- --- 2.25 --- ---
1985 0.03 0.10 0.15 0.20 0.25 0.75 1.50 2.00 --- --- 3.00 --- ---
1990 0.10 0.20 0.30 0.50 0.60 1.00 2.00 3.00 --- --- 5.50 --- ---
1995 0.10 0.20 0.30 0.50 0.60 1.00 1.25 1.50 2.00 --- 3.75 --- ---
2000 0.10 0.20 0.30 0.50 0.60 0.75 1.00 1.25 2.75 --- 3.75 16.00 50.00
2003 0.10 0.20 0.30 0.50 0.60 0.75 1.00 1.25 4.00 --- 15.00 30.00 125
2006 0.10 0.20 0.30 0.50 0.60 0.75 2.75 4.00 9.00 10.00 15.00 30.00 125
2008 0.10 0.20 0.30 0.50 0.60 0.75 2.75 4.00 9.00 10.00 15.00 30.00 125
Compounded Annual % Return Rate Since…
Computed from year indicated in left-most column to the year 2008
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 MS-63 MS-65 MS-66 PF-65 MS-66 PF-65
1950 4.05 5.30 6.04 6.98 6.04 4.78 5.88 --- --- --- --- --- ---
1980 5.92 5.08 4.00 4.39 3.18 1.11 2.86 --- --- --- 7.01 --- ---
1995 0.00 0.00 0.00 0.00 0.00 -2.19 6.25 7.84 12.27 --- 11.25 --- ---
2003 0.00 0.00 0.00 0.00 0.00 0.00 22.42 26.19 17.61 --- 0.00 0.00 0.00

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1940-S Lincoln Cents
Historical Value Trends
  Mintage: 112,940,000
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 BRN MS-63 RB MS-64 RED MS-65 RB MS-65 RED MS-66 RED MS-67 RED
1950 0.01 0.01 0.01 0.01 0.02 0.05 0.10 --- --- --- --- --- ---
1955 0.01 0.01 0.01 0.02 0.05 0.10 0.20 --- --- --- --- --- ---
1960 0.01 0.01 0.02 0.05 0.10 0.30 0.60 --- --- --- --- --- ---
1965 0.01 0.01 0.05 0.10 0.25 0.75 1.60 --- --- --- --- --- ---
1970 0.02 0.05 0.10 0.15 0.25 0.60 0.75 --- --- --- --- --- ---
1975 0.02 0.05 0.10 0.15 0.25 0.60 0.80 --- --- --- --- --- ---
1980 0.02 0.05 0.10 0.15 0.25 0.65 1.00 --- --- --- 2.00 --- ---
1985 0.03 0.10 0.15 0.20 0.25 0.90 1.50 3.00 --- --- 4.00 --- ---
1990 0.10 0.20 0.30 0.50 0.60 1.00 2.00 3.00 --- --- 6.50 --- ---
1995 0.10 0.20 0.30 0.50 0.60 1.00 1.25 1.75 2.75 --- 6.50 --- ---
2000 0.10 0.20 0.30 0.50 0.60 1.00 1.25 1.75 3.75 --- 5.75 17.50 35.00
2003 0.10 .20 0.30 0.50 0.60 1.00 1.25 1.75 5.00 --- 10.00 35.00 150
2006 0.10 0.20 0.30 0.50 0.60 1.00 4.50 6.00 10.00 10.00 15.00 35.00 150
2008 0.10 0.20 0.30 0.50 0.60 1.00 4.50 6.00 10.00 10.00 15.00 35.00 150
Compounded Annual % Return Rate Since…
Computed from year indicated in left-most column to the year 2008
Year G-4 VG-8 F-12 VF-20 XF-40 AU-50 MS-60 MS-63 MS-65 MS-66 PF-65 MS-66 PF-65
1950 4.05 5.30 6.04 6.98 6.04 5.30 6.78 --- --- --- --- --- ---
1980 5.92 5.08 4.00 4.39 3.18 1.55 5.52 --- --- --- 7.46 --- ---
1995 0.00 0.00 0.00 0.00 0.00 0.00 10.36 9.94 10.44 --- 6.64 --- ---
2003 0.00 0.00 0.00 0.00 0.00 0.00 29.20 27.94 14.87 --- 8.45 0.00 0.00

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