As of May, 2024, a 1998 Penny, RD in uncirculated specimen can be valued between $6.00 and $2,750.00, 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 $3,738.00 in the 03/01/2012 by renowned auctioneer David Lawrence RC, showcasing the allure of top-tier rarities.

Designer: Victor David Brenner/Frank Gasparro
Edge: Plain
Diameter: 19.00 millimeters
Weight: 2.50 grams
Mintage: 5,032,155,000
Mint: Philadelphia
Metal: Copper-plated Zinc
Series: Lincoln Cents 1959 to Date

1998 Penny, Rd (Regular Strike) – Price Chart

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

GradePrice($)
MS-692,750.00
MS-68+1,150.00
MS-68200.00
MS-67+75.00
MS-6740.00
MS-66+30.00
MS-6624.00
MS-65+12.00
MS-6510.00
MS-64+8.00
MS-647.00
MS-63+6.00
MS-636.00

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 State6.002,750.00332.15

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 1998 Lincoln Cent (Modern). 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($)Max Uncirculated Price($)
1998 Penny, RB (Regular Strike)N/AN/A5.0016.00
1998-S Penny, DCAM (Proof)N/AN/A1.0046.00
1998-S Penny Close AM, DCAM (Proof)N/AN/A120.004,750.00
1998-D Penny, RD (Regular Strike)N/AN/A3.003,000.00

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.

1998 Penny, Rd (Regular Strike) – 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.

Grade:
1m 6m 1y 3y All

$30.00

Lowest Sale Price
$3,738.00

Highest Sale Price
$462.85

Average Sale Price
$155.00

Most Recent Sale Price
35

Number of Sales
$16,199.75

Sales Volume

Grade Impact Analysis

GradeLowest Price($)Highest Price($)Average Price($)
MS-69408.002,220.001,068.00
MS-68+851.00851.00851.00
MS-6830.003,738.00462.85
MS-6711.00431.0044.54
MS-666.0025.0013.00
MS-65+18.001,495.00347.70
MS-6413.00312.0095.78
MS-6312.00188.0073.25
MS-6213.0013.0013.00
MS-61345.00345.00345.00

The chart shows the min and max prices for the 1998 Penny, RD (Regular Strike) coin across various grades from MS-61 to MS-69. The prices generally increase as the grade improves, with MS-68 having the highest max price $3,738.00.

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 1998 Penny, RD (Regular Strike).

Auction House Comparison

The pie chart breaks down the market share of various auction houses for selling the 1998 Penny, RD (Regular Strike) coin. Heritage Auctions dominates with 70.97% share, followed by David Lawrence RC / Great Collections with 16.13% / 7.53% appearances respectively..

Price Trend Over Time

The graph presents a detailed analysis of the average annual auction sale price and frequency for the 1998 Penny, RD (Regular Strike) 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-69NGCHeritage Auctions408.0004/30/2023
MS-68+PCGSDavid Lawrence RC851.0001/29/2023
MS-68PCGSDavid Lawrence RC155.0001/29/2023
MS-69NGCHeritage Auctions576.0009/28/2022
MS-64PCGSHeritage Auctions312.0007/05/2022
MS-69PCGSHeritage Auctions2,220.0012/19/2021
MS-68PCGSHeritage Auctions109.0008/29/2021
MS-68PCGSDavid Lawrence RC125.0004/12/2020
MS-67PCGSDavid Lawrence RC33.0003/08/2020
MS-68PCGSHeritage Auctions89.0007/10/2019
MS-68PCGSHeritage Auctions132.0006/19/2019
MS-68NGCHeritage Auctions74.0009/12/2018
MS-68PCGSDavid Lawrence RC245.0004/09/2018
MS-68PCGSHeritage Auctions188.0001/31/2017
MS-68PCGSHeritage Auctions182.1309/20/2016
MS-68NGCStack's Bowers30.0003/30/2016
MS-68PCGSHeritage Auctions246.7506/07/2015
MS-68PCGSHeritage Auctions282.0005/19/2015
MS-68NGCHeritage Auctions99.8801/18/2015
MS-68NGCHeritage Auctions111.6301/18/2015
MS-68PCGSHeritage Auctions329.0001/07/2015
MS-63ANACSHeritage Auctions188.0011/06/2014
MS-65+ANACSHeritage Auctions29.0011/02/2014
MS-63ANACSHeritage Auctions42.0011/02/2014
MS-68PCGSHeritage Auctions600.4310/20/2014
MS-68PCGSHeritage Auctions705.0009/04/2014
MS-67PCGSGreat Collections17.0008/10/2014
MS-68PCGSHeritage Auctions317.2507/14/2014
MS-68PCGSHeritage Auctions682.6806/04/2014
MS-67PCGSGreat Collections18.0010/13/2013
MS-67PCGSGreat Collections11.0009/29/2013
MS-68PCGSHeritage Auctions499.0008/05/2013
MS-68PCGSHeritage Auctions499.0006/05/2013
MS-66PCGSGreat Collections6.0003/24/2013
MS-67PCGSGreat Collections28.0012/16/2012
MS-64ANACSHeritage Auctions50.0010/08/2012
MS-68PCGSDavid Lawrence RC422.0004/30/2012
MS-68PCGSDavid Lawrence RC3,738.0003/01/2012
MS-66PCGSGreat Collections9.0002/19/2012
MS-66PCGSGreat Collections10.0002/12/2012
MS-65+ANACSHeritage Auctions24.0010/10/2011
MS-67PCGSDavid Lawrence RC12.0007/14/2011
MS-68PCGSHeritage Auctions1,380.0007/07/2011
MS-68PCGSHeritage Auctions748.0009/22/2010
MS-68PCGSBowers & Merena299.0006/17/2010
MS-64ANACSHeritage Auctions178.0004/28/2010
MS-65+ANACSHeritage Auctions18.0008/12/2009
MS-65+ANACSHeritage Auctions230.0007/01/2009
MS-67PCGSHeritage Auctions18.0005/13/2009
MS-67NGCHeritage Auctions64.0004/01/2009
MS-68PCGSHeritage Auctions322.0012/04/2008
MS-67PCGSDavid Lawrence RC37.0011/10/2008
MS-66PCGSDavid Lawrence RC15.0011/10/2008
MS-68PCGSBowers & Merena300.0011/01/2008
MS-67PCGSDavid Lawrence RC37.0010/02/2008
MS-68PCGSHeritage Auctions253.0009/29/2008
MS-67PCGSHeritage Auctions13.0009/29/2008
MS-66ANACSHeritage Auctions25.0009/15/2008
MS-67PCGSHeritage Auctions13.0009/01/2008
MS-64ANACSHeritage Auctions86.0009/01/2008
MS-67PCGSDavid Lawrence RC37.0008/21/2008
MS-68PCGSHeritage Auctions489.0008/11/2008
MS-67PCGSHeritage Auctions12.0001/30/2008
MS-67PCGSHeritage Auctions44.0010/08/2007
MS-64ANACSHeritage Auctions54.0007/18/2007
MS-68PCGSHeritage Auctions253.0005/15/2007
MS-67PCGSDavid Lawrence RC32.0004/02/2007
MS-67PCGSHeritage Auctions45.0001/15/2007
MS-63ANACSHeritage Auctions51.0011/13/2006
MS-67PCGSHeritage Auctions431.0010/24/2006
MS-68PCGSHeritage Auctions431.0001/01/2006
MS-68PCGSHeritage Auctions690.0007/04/2005
MS-67PCGSDavid Lawrence RC26.0006/20/2005
MS-68PCGSHeritage Auctions920.0005/01/2005
MS-67PCGSDavid Lawrence RC39.0001/03/2005
MS-65+ANACSHeritage Auctions18.0010/06/2004
MS-63ANACSHeritage Auctions12.0010/06/2004
MS-68PCGSHeritage Auctions253.0009/09/2004
MS-65+ANACSHeritage Auctions345.0009/09/2004
MS-67PCGSHeritage Auctions23.0007/07/2004
MS-67NGCHeritage Auctions21.0010/08/2003
MS-67PCGSHeritage Auctions36.0007/30/2003
MS-65+ANACSBowers & Merena1,150.0007/30/2003
MS-65+ANACSBowers & Merena1,495.0007/30/2003
MS-67PCGSHeritage Auctions22.0006/04/2003
MS-64ANACSHeritage Auctions36.0004/28/2002
MS-65+ANACSHeritage Auctions64.0001/13/2002
MS-64ANACSHeritage Auctions81.0001/09/2002
MS-61NONEHeritage Auctions345.0001/09/2002
MS-62ANACSHeritage Auctions13.0002/01/2001
MS-65+NONEHeritage Auctions104.0006/01/2000
MS-64NONEHeritage Auctions52.0006/01/2000
MS-64SEGSHeritage Auctions13.0005/25/2000