1928-D Lincoln Wheat Cent Value

Depending on how well it survived, a 1928-D Lincoln Wheat Cent brings anywhere from $0.10 to $38.00, and its metal content alone is worth $0.03 as of 2026-06-01 Certified examples in top grades can run far higher.

1928CENTCENT
Illustrative rendering. Photographs of this date are being added.

1928-D Lincoln Wheat Cent value by grade

1928-D 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 1928-D Lincoln Wheat Cent worth today?

At the entry level, well-worn examples bring about $0.10. The same coin in gem uncirculated condition is a $38.00 coin. Grade is everything: two examples of the 1928-D Lincoln Wheat Cent can differ in price by an order of magnitude based purely on preservation.

1928-D Lincoln Wheat Cent specifications

Series
Lincoln Wheat Cent
Year
1928
Mint mark
D
Mintage
31,170,000
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).

Where is the mint mark on a 1928 Lincoln Wheat Cent?

On a 1928-D Lincoln Wheat Cent, the "D" mint mark of the Denver 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.

What collectors pay for in a 1928-D Lincoln Wheat Cent

With 31,170,000 struck, the 1928-D 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.

There is history in a 1928 Lincoln Wheat Cent as well. initials prominently on the reverse, public outcry forced their removal within days, instantly creating the 1909-S VDB, the most famous key date in American numismatics with just 484,000 struck. That backdrop keeps the series among the most actively collected in American numismatics.

Summary: the 1928-D 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.