As of May, 2024, a 1838 Penny, BN in uncirculated specimen can be valued between $11,000.00 and $45,000.00, depending on its grade and strike quality.

Looking back at auction records, the highest price was achieved by a Mint State grade that was hammered at $30,000.00 in the 01/15/2023 by renowned auctioneer Heritage Auctions, showcasing the allure of top-tier rarities.

Designer: Robert Scot
Edge: Plain
Diameter: 28.00 millimeters
Weight: 10.89 grams
Mintage: 12
Mint: Philadelphia
Metal: Copper
Series: Coronet Head Cents 1817-1857

1838 Penny, Bn (Proof) – Price Chart

If you are aware of your coin’s grade, refer to the following chart to determine its value:


If you are unsure of the grade, you can assess it based on the coin’s condition. More detailed information here.

GradeLowest Price($)Highest Price($)Average Price($)
Mint State11,000.0045,000.0022,464.29

Please note that the estimated values are derived from the latest data in the PCGS Price Guide and are not guaranteed to be 100% accurate. We strongly recommend reviewing actual auction records, which can be filtered by grade. For further insights, refer to our analysis report, which is based on these data.

Also, there are multiple versions of the 1838 Coronet Head Cent. We recommend checking the values of these coins as well to ensure a comprehensive assessment.

Coin NameMin Circulated Price($)Max Circulated Price($)Min Uncirculated Price($)Max Uncirculated Price($)
1838 Penny, BN (Regular Strike)20.00435.00450.0020,000.00
1838 Penny Newcomb 1, BN (Regular Strike)17.00400.00450.003,200.00
1838 Penny Newcomb 1, RB (Regular Strike)N/AN/A2,500.004,000.00
1838 Penny Newcomb 2, BN (Regular Strike)28.00400.00450.001,500.00
1838 Penny Newcomb 2, RB (Regular Strike)N/AN/A1,250.001,250.00
1838 Penny Newcomb 6, BN (Regular Strike)28.00400.00450.003,200.00
1838 Penny Newcomb 6, RB (Regular Strike)N/AN/A4,000.006,500.00
1838 Penny Newcomb 3, BN (Regular Strike)17.00400.00450.001,850.00
1838 Penny Newcomb 3, RB (Regular Strike)N/AN/A2,500.002,500.00
1838 Penny Newcomb 9, BN (Regular Strike)38.00540.00N/AN/A
1838 Penny Newcomb 7, BN (Regular Strike)28.00400.00450.003,200.00
1838 Penny, RB (Regular Strike)N/AN/A500.0035,000.00
1838 Penny Newcomb 7, RB (Regular Strike)N/AN/A2,500.004,000.00
1838 Penny Newcomb 4, BN (Regular Strike)28.00400.00450.0035,500.00
1838 Penny, RD (Regular Strike)N/AN/A10,000.0010,000.00
1838 Penny Newcomb 8, BN (Regular Strike)28.00400.00450.001,850.00
1838 Penny Newcomb 4, RB (Regular Strike)N/AN/A1,250.001,250.00
1838 Penny Newcomb 10, BN (Regular Strike)28.00400.00450.003,200.00
1838 Penny Newcomb 11, BN (Regular Strike)28.00400.00450.001,350.00
1838 Penny Newcomb 16, BN (Regular Strike)2,100.002,100.00N/AN/A
1838 Penny, RB (Proof)N/AN/A32,500.0061,500.00
1838 Penny, RD (Proof)N/AN/A82,500.0082,500.00

Coins listed have various mint marks and designations indicating where they were minted and if they are special strikes. To learn more about what the different mint marks and designations mean, please refer to our Mint Mark Chart and Coin Designation Reference Chart.

1838 Penny, Bn (Proof) – Auction Chart & Report

This tool is very user-friendly. Simply select the coin grade, and our system will provide detailed information including:

  • Lowest Sale Price
  • Highest Sale Price
  • Average Sale Price
  • Most Recent Sale Price
  • Number of Sales
  • Sales Volume

You can also select different time periods for your query: 1 month, 6 months, 1 year, 3 years, or All time, with the default set to All time.

1m 6m 1y 3y All


Lowest Sale Price

Highest Sale Price

Average Sale Price

Most Recent Sale Price

Number of Sales

Sales Volume

Grade Impact Analysis

GradeLowest Price($)Highest Price($)Average Price($)

The chart shows the min and max prices for the 1838 Penny, BN (Proof) coin across various grades from VF-20 to MS-65. The prices generally increase as the grade improves, with MS-65 having the highest max price $30,000.00.

Within each grade, there is also variability in prices, likely due to factors like specific coin characteristics or market conditions at time of sale. Overall, the chart illustrates how coin grade is a key driver of value for this particular 1838 Penny, BN (Proof).

Auction House Comparison

The pie chart breaks down the market share of various auction houses for selling the 1838 Penny, BN (Proof) coin. Heritage Auctions dominates with 50.00% share, followed by Goldberg Auctioneers / Legend Rare Coin Auctions with 16.67% / 11.11% appearances respectively..

Price Trend Over Time

The graph presents a detailed analysis of the average annual auction sale price and frequency for the 1838 Penny, BN (Proof) coin over the years. This visual representation traces the coin's value fluctuations, illustrating periods of increase, decrease, or stability in its average auction price.

Such a historical view is indispensable for collectors, investors, or researchers who are keen on comprehending the market dynamics and the coin's value trend over an extended period.

Raw Auction Records

Here are the lasted auction records from the auction history of the past years. You can filter these records by coin grade.

GradeGrade SourceSellerPrice($)Sold Date
MS-64PCGSLegend Rare Coin Auctions22,325.0012/07/2023
MS-65PCGSHeritage Auctions30,000.0001/15/2023
MS-64PCGSLegend Rare Coin Auctions27,025.0009/02/2021
MS-64PCGSHeritage Auctions24,000.0004/25/2021
MS-64PCGSHeritage Auctions17,037.5010/08/2014
MS-65NGCHeritage Auctions11,162.5001/10/2014
MS-64PCGSHeritage Auctions20,117.0004/24/2013
MS-64PCGSHeritage Auctions25,850.0001/09/2013
MS-64PCGSHeritage Auctions23,000.0001/03/2012
MS-64PCGSHeritage Auctions20,700.0001/05/2011
MS-64PCGSGoldberg Auctioneers18,975.0002/03/2009
MS-65NGCHeritage Auctions9,200.0001/01/2007
MS-65NGCGoldberg Auctioneers10,925.0006/01/2005
MS-64PCGSAmerican Numismatic Rarities8,970.0001/05/2004
VF-20NONEGoldberg Auctioneers661.0002/06/2000
MS-62NONEBowers & Merena2,970.0011/01/1988
MS-63NONEBowers & Ruddy11,000.0011/01/1979