1928 Penny, RB (Regular Strike): Value Chart, Auction Price & Comprehensive Analysis

As of May, 2024, a 1928 Penny, RB in uncirculated specimen can be valued between $22.00 and $185.00, 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 $230.00 in the 11/18/2000 by renowned auctioneer Heritage Auctions, showcasing the allure of top-tier rarities.

Designer: Victor David Brenner

Edge: Plain

Diameter: 19.00 millimeters

Weight: 3.11 grams

Mintage: 134,116,000

Mint: Philadelphia

Metal: 95% Copper, 5% Tin and Zinc

Series: Lincoln Cents 1909-1958

1928 Penny, Rb (Regular Strike) – Price Chart

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

Grade	Price($)
MS-66	185.00
MS-65+	160.00
MS-65	150.00
MS-64+	90.00
MS-64	75.00
MS-63+	48.00
MS-63	40.00
MS-62+	25.00
MS-62	22.00

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

Grade	Lowest Price($)	Highest Price($)	Average Price($)
Mint State	22.00	185.00	88.33

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 1928 Lincoln Cent (Wheat Reverse). We recommend checking the values of these coins as well to ensure a comprehensive assessment.

Coin Name	Min Circulated Price($)	Max Circulated Price($)	Min Uncirculated Price($)	Max Uncirculated Price($)
1928 Penny, BN (Regular Strike)	1.00	10.00	14.00	65.00
1928-D Penny, BN (Regular Strike)	1.00	36.00	42.00	650.00
1928-S Penny, BN (Regular Strike)	1.00	95.00	100.00	650.00
1928-D Penny, RD (Regular Strike)	N/A	N/A	60.00	62,000.00
1928-S Penny, RB (Regular Strike)	N/A	N/A	100.00	2,150.00
1928-S Penny, RD (Regular Strike)	N/A	N/A	135.00	55,000.00
1928-S Penny Large S FS-501, BN (Regular Strike)	30.00	114.00	120.00	675.00
1928-S Penny Large S FS-501, RB (Regular Strike)	N/A	N/A	170.00	1,850.00
1928-S Penny Large S FS-501, RD (Regular Strike)	N/A	N/A	165.00	10,100.00
1928 Penny, RD (Regular Strike)	N/A	N/A	55.00	45,000.00
1928-D Penny, RB (Regular Strike)	N/A	N/A	50.00	450.00

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.

1928 Penny, Rb (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:

Find On eBay

$0.50

Lowest Sale Price

$80.00

Highest Sale Price

$36.79

Average Sale Price

$80.00

Most Recent Sale Price

Number of Sales

$956.50

Sales Volume

Grade Impact Analysis

Grade	Lowest Price($)	Highest Price($)	Average Price($)
MS-66	84.00	168.00	131.33
MS-65+	38.00	230.00	77.86
MS-65	84.00	144.00	104.00
MS-64	0.50	80.00	36.79
MS-63	16.00	30.00	23.14
AU-58	9.00	9.00	9.00

The chart shows the min and max prices for the 1928 Penny, RB (Regular Strike) coin across various grades from AU-58 to MS-66. The prices generally increase as the grade improves, with MS-65+ having the highest max price $230.00.

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 1928 Penny, RB (Regular Strike).

Auction House Comparison

The pie chart breaks down the market share of various auction houses for selling the 1928 Penny, RB (Regular Strike) coin. Heritage Auctions dominates with 63.08% share, followed by David Lawrence RC / Great Collections with 15.38% / 15.38% appearances respectively..

Price Trend Over Time

The graph presents a detailed analysis of the average annual auction sale price and frequency for the 1928 Penny, RB (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.

Grade	Grade Source	Seller	Price($)	Sold Date
MS-63	NGC	David Lawrence RC	30.00	12/25/2022
MS-64	PCGS	Stack's Bowers	80.00	07/27/2022
MS-64	NGC	David Lawrence RC	55.00	07/03/2022
MS-66	PCGS	Stack's Bowers	168.00	06/17/2022
MS-64	PCGS	Stack's Bowers	60.00	05/18/2022
MS-64	NGC	David Lawrence RC	55.00	01/09/2022
MS-65	PCGS	Heritage Auctions	144.00	01/06/2021
MS-63	PCGS	David Lawrence RC	30.00	08/18/2019
MS-65	PCGS	Heritage Auctions	94.00	04/17/2019
MS-65	PCGS	Heritage Auctions	94.00	12/26/2018
MS-63	PCGS	Heritage Auctions	26.00	08/22/2018
MS-65	PCGS	Heritage Auctions	84.00	07/25/2018
MS-64	PCGS	David Lawrence RC	45.00	05/14/2018
MS-65+	PCGS	David Lawrence RC	126.00	01/08/2018
MS-65+	PCGS	Heritage Auctions	74.00	05/24/2016
MS-66	PCGS	Heritage Auctions	141.00	05/09/2016
MS-65+	PCGS	Heritage Auctions	64.00	04/26/2016
MS-64	PCGS	David Lawrence RC	35.00	10/04/2015
MS-64	NGC	Heritage Auctions	36.00	09/22/2015
MS-64	PCGS	Heritage Auctions	36.00	06/30/2015
MS-66	PCGS	Heritage Auctions	141.00	06/30/2015
MS-65+	PCGS	Heritage Auctions	66.00	04/19/2015
MS-65+	NGC	Heritage Auctions	74.00	03/10/2015
MS-63	PCGS	Great Collections	19.00	12/21/2014
MS-64	PCGS	Great Collections	38.00	11/30/2014
MS-63	PCGS	Great Collections	17.00	11/16/2014
MS-64	PCGS	Great Collections	47.00	10/26/2014
MS-65+	PCGS	Heritage Auctions	70.00	06/02/2014
MS-64	PCGS	Great Collections	30.00	05/04/2014
MS-65+	NGC	Great Collections	59.40	04/13/2014
MS-65+	PCGS	Great Collections	62.70	03/09/2014
MS-63	NGC	Heritage Auctions	24.00	03/03/2014
MS-64	PCGS	Great Collections	22.00	12/15/2013
MS-64	ANACS	Great Collections	41.00	12/01/2013
MS-65+	PCGS	Heritage Auctions	76.00	09/30/2013
MS-64	NGC	Heritage Auctions	33.00	07/22/2013
MS-64	NGC	Heritage Auctions	35.00	01/28/2013
MS-64	NGC	Heritage Auctions	30.00	12/24/2012
MS-64	PCGS	Great Collections	30.00	12/23/2012
MS-65+	PCGS	Heritage Auctions	79.00	09/17/2012
MS-63	PCGS	Heritage Auctions	16.00	01/16/2012
MS-64	PCGS	Heritage Auctions	50.00	05/16/2011
MS-66	NGC	Heritage Auctions	84.00	08/26/2009
MS-66	NGC	Heritage Auctions	104.00	07/31/2009
MS-64	ANACS	Heritage Auctions	38.00	06/24/2009
MS-66	NGC	Heritage Auctions	150.00	05/20/2009
MS-64	NGC	Heritage Auctions	33.00	03/11/2009
MS-65+	PCGS	Heritage Auctions	69.00	03/01/2009
MS-64	ICG	David Lawrence RC	33.00	02/12/2009
MS-64	ANACS	Heritage Auctions	21.00	09/29/2008
MS-64	NGC	Heritage Auctions	29.00	09/10/2008
MS-65+	ANACS	Heritage Auctions	51.00	07/09/2008
MS-65+	NGC	Heritage Auctions	54.00	04/16/2008
MS-65+	ANACS	Heritage Auctions	57.00	07/18/2007
AU-58	ANACS	David Lawrence RC	9.00	07/16/2007
MS-65+	PCGS	Heritage Auctions	78.00	11/20/2006
MS-64	NGC	David Lawrence RC	25.00	11/06/2006
MS-65+	PCGS	Heritage Auctions	63.00	06/29/2005
MS-65+	PCGS	Heritage Auctions	58.00	06/23/2004
MS-65+	PCGS	Heritage Auctions	127.00	06/03/2004
MS-65+	ANACS	Heritage Auctions	59.00	04/07/2001
MS-65+	NGC	Heritage Auctions	230.00	11/18/2000
MS-64	ANACS	Heritage Auctions	19.00	09/07/2000
MS-65+	NGC	Heritage Auctions	38.00	08/31/2000
MS-64	NONE	B. Max Mehl	0.50	06/01/1941