1928 Lincoln Wheat Penny

United States Mint · Collectibles & Antiques > Coins & Paper Money

1928 Lincoln Wheat Penny

Era / Decade

1920s (specifically 1928, indicated by the date on the obverse)

Material

95% copper, 5% tin and zinc (standard pre-1982 bronze composition)

Condition

Good (G-4) to Very Good (VG-8). The coin shows significant circulation wear with flattened detail on Lincoln's hair and clothes, though the date and lettering remain legible. Surfaces show minor spotting and typical oxidation.

Demand Level

Moderate/Niche. Constant demand from entry-level collectors, but high supply makes individual common dates slow to sell unless bundled.

Resale Value

Estimated Resale Value

$0.05 to $0.50 for a single circulated raw specimen

Estimated Retail Value

$0.01 (face value) up to $2.00 (collector retail from a dealer)

Comparable Sales

Recent eBay sold listings show single circulated 1928 pennies often sell for $0.25 to $1 including shipping, or in bulk lots where the price per coin averages roughly $0.03 to $0.10.

Description

Vintage 1928 United States Lincoln Wheat Cent. Obverse features the profile of Abraham Lincoln, the date 1928, and 'In God We Trust'. Reverse (implied) features iconic double wheat stalks. This is a circulated, non-mint mark coin struck at the Philadelphia Mint.

Key Features

Pre-1930s date; Wheat back design; original bronze composition; highly recognizable numismatic starter piece.

Authenticity Indicators

High confidence; correct strike characteristics, period-accurate typography, and natural wear patterns are consistent with authentic 1920s minting. Weight and diameter appear standard.

Flaws to Note

Significant circulation wear, loss of fine detail on the bust, minor rim dings, and surface darkening/toning. Not a key date or rare error coin.

Selling Guide

Where to Sell

eBay (as a lot with other wheat pennies), Etsy (for jewelry/craft use), or local coin shops (bulk 'melt' or 'junk' bin valuation).

Selling Tips

Do NOT clean the coin, as this destroys numismatic value. This item is best sold as part of a 'Wheat Penny Lot' to save on shipping. Use keywords like 'Vintage Wheat Cent', 'Pre-1930', and 'Philadelphia Mint'.

Appraised on 5/2/2026
1928 Lincoln Wheat Penny - United States Mint | Thrift Scanner