1918 Lincoln Wheat Cent Value

Depending on how well it survived, a 1918 Lincoln Wheat Cent brings anywhere from $0.10 to $38.00. Its intrinsic melt value stands at $0.03 based on spot prices from 2026-06-01 Exceptional, certified pieces regularly exceed the top of that range.

1918CENTCENT
Illustrative rendering. Photographs of this date are being added.

1918 Lincoln Wheat Cent value by grade

1918 Lincoln Wheat Cent value by grade
GradeEstimated value
Melt value floor(metal content, 2026-06-01)$0.03
Good (G-4)$0.10 to $0.15
Very Good (VG-8)$0.10 to $0.20
Fine (F-12)$0.20 to $0.35
Very Fine (VF-20)$0.40 to $0.70
Extremely Fine (XF-40)$0.80 to $1.35
About Uncirculated (AU-50)$1.60 to $2.70
Mint State (MS-60)$3.20 to $5.40
Choice Unc (MS-63)$7.20 to $12.00
Gem Unc (MS-65)$22.50 to $38.00

Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.

How much is a 1918 Lincoln Wheat Cent worth today?

A 1918 Lincoln Wheat Cent that spent decades in circulation is worth about $0.10 today. One that never circulated at all can bring up to $38.00. The honest answer for most inherited or pocket-found examples sits in the lower half of the table.

1918 Lincoln Wheat Cent specifications

Series
Lincoln Wheat Cent
Year
1918
Mint mark
None (Philadelphia)
Mintage
288,104,634
Composition
95% copper, 5% tin and zinc (bronze); zinc-coated steel in 1943
Weight
3.11 g
Diameter
19.05 mm
Edge
Plain
Designer
Victor David Brenner

Mintage figure: US Mint reports (approximate).

Why this coin has no mint mark

The 1918 Lincoln Wheat Cent was struck at the Philadelphia Mint, which used no mint mark in this era. If you find no letter where branch-mint coins carry one (On the obverse, below the date on the right side of Lincoln's portrait), you are holding a Philadelphia issue.

Why the 1918 Lincoln Wheat Cent is worth money

With 288,104,634 struck, the 1918 Lincoln Wheat Cent is one of the more available dates of its series. Its value rests on metal content and condition rather than absolute rarity, which makes it an ideal type coin.

Context adds the final layer to the 1918 Lincoln Wheat Cent. In 1943 copper went to the war effort and cents were struck in zinc-coated steel; a handful of bronze planchets left in the presses became the legendary 1943 copper cents, worth six figures. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.

Summary: the 1918 Lincoln Wheat Cent is valued between $0.10 and $38.00 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.