1924-S Lincoln Wheat Cent Value
A 1924-S Lincoln Wheat Cent is worth roughly $0.10 to $38.00 depending on its condition, while the raw metal inside it is valued at $0.03 as of 2026-06-01 Certified examples in top grades can run far higher.
1924-S Lincoln Wheat Cent value by grade
| Grade | Estimated 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 1924-S Lincoln Wheat Cent worth today?
Figure roughly $0.10 as the realistic floor for a damage-free, well-worn 1924-S Lincoln Wheat Cent, rising steadily through the grades to about $38.00 for a certified gem. Cleaned or damaged coins trade below these figures, though never below the $0.03 melt floor.
1924-S Lincoln Wheat Cent specifications
- Series
- Lincoln Wheat Cent
- Year
- 1924
- Mint mark
- S
- Mintage
- 11,696,000
- 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).
How to find the S mint mark
On a 1924-S Lincoln Wheat Cent, the "S" mint mark of the San Francisco Mint sits on the obverse, below the date on the right side of Lincoln's portrait. A loupe helps: on worn examples the letter can fade into the surrounding devices.
The value drivers behind this coin
With 11,696,000 struck, the 1924-S 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.
The wheat-ear reverse ran for fifty years, spanning two world wars. For the 1924-S Lincoln Wheat Cent, the enduring popularity of the series translates directly into buyers in every grade and every market cycle.
Summary: the 1924-S 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.