1938 United States Cent Value

A 1938 United States Cent is worth roughly its melt value to well into four figures depending on its condition. Certified examples in top grades can run far higher.

1938COINCOIN
Illustrative rendering. Photographs of this date are being added.

1938 United States Cent value by grade

1938 United States Cent value by grade
GradeEstimated value

Estimated retail range. 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 1938 United States Cent worth today?

Pricing for the 1938 United States Cent depends on grade and current collector demand.

1938 United States Cent specifications

Series
United States Coinage
Year
1938
Mint mark
None (Philadelphia)
Mintage
Not recorded
Composition
Bronze

No mint mark? Here is why

The 1938 United States 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 (check the usual position for this series), you are holding a Philadelphia issue.

Where this coin's value comes from

The series itself does some of the lifting for the 1938 United States Cent: Documented United States coin types preserved in museum collections, with measured specifications for each date, denomination and mint. Broad, multigenerational demand for the design gives every date, including this one, a deep and liquid market.

Documented examples of the 1938 United States Cent in our reference database anchor what we know about this issue. Mintage records are incomplete, so collector demand and surviving population drive its market.

1938 United States Cent inscriptions & design

Obverse

IN GOD WE TRUST / LIBERTY / (date)

Lincoln bust r., motto top, date l.

Reverse

E PLURIBUS UNUM / ONE CENT / UNITED STATES OF AMERICA

two wheat stalks

Measured 1938 United States Cent specimens

4 physically measured 1938 United States Cent examples in our reference database. Real measured weights and die axes let you authenticate a coin against the g, mm minting standard.

Measured 1938 United States Cent specimens
SpecimenWeightDiameterDie axisReferences
1938 United States Cent #1---Breen.2141
1938 United States Cent #2---Breen.2141
1938 United States Cent #3---Breen.2143
1938 United States Cent #4---Breen.2142

Specifications compiled from documented museum specimens. See our data & methodology page.