1934 Lincoln Wheat Cent Value
Depending on how well it survived, a 1934 Lincoln Wheat Cent brings anywhere from $0.10 to $38.00; the melt floor under every example is $0.03 (spot prices as of 2026-06-01) Certified examples in top grades can run far higher.
1934 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 1934 Lincoln Wheat Cent worth today?
Start with $0.10 for a heavily circulated 1934 Lincoln Wheat Cent and work upward. Lightly circulated 1934 examples occupy the middle of the range, while true gems approach $38.00. If your coin has no wear on the high points, it deserves a closer look or a professional opinion.
1934 Lincoln Wheat Cent specifications
- Series
- Lincoln Wheat Cent
- Year
- 1934
- Mint mark
- None (Philadelphia)
- Mintage
- 219,080,000
- 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).
No mint mark? Here is why
The 1934 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.
Where this coin's value comes from
The series itself does some of the lifting for the 1934 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. Broad, multigenerational demand for the design gives every date, including this one, a deep and liquid market.
With 219,080,000 struck, the 1934 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.
Summary: the 1934 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.