As of June, 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:

GradePrice($)
MS-66185.00
MS-65+160.00
MS-65150.00
MS-64+90.00
MS-6475.00
MS-63+48.00
MS-6340.00
MS-62+25.00
MS-6222.00

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 State22.00185.0088.33

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 NameMin Circulated Price($)Max Circulated Price($)Min Uncirculated Price($)Max Uncirculated Price($)
1928 Penny, BN (Regular Strike)1.0010.0014.0065.00
1928-D Penny, BN (Regular Strike)1.0036.0042.00650.00
1928-S Penny, BN (Regular Strike)1.0095.00100.00650.00
1928-D Penny, RD (Regular Strike)N/AN/A60.0062,000.00
1928-S Penny, RB (Regular Strike)N/AN/A100.002,150.00
1928-S Penny, RD (Regular Strike)N/AN/A135.0055,000.00
1928-S Penny Large S FS-501, BN (Regular Strike)30.00114.00120.00675.00
1928-S Penny Large S FS-501, RB (Regular Strike)N/AN/A170.001,850.00
1928-S Penny Large S FS-501, RD (Regular Strike)N/AN/A165.0010,100.00
1928 Penny, RD (Regular Strike)N/AN/A55.0045,000.00
1928-D Penny, RB (Regular Strike)N/AN/A50.00450.00

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:
1m 6m 1y 3y All

$0.50

Lowest Sale Price
$80.00

Highest Sale Price
$36.79

Average Sale Price
$80.00

Most Recent Sale Price
26

Number of Sales
$956.50

Sales Volume

Grade Impact Analysis

GradeLowest Price($)Highest Price($)Average Price($)
MS-6684.00168.00131.33
MS-65+38.00230.0077.86
MS-6584.00144.00104.00
MS-640.5080.0036.79
MS-6316.0030.0023.14
AU-589.009.009.00

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 Great Collections / David Lawrence RC 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.

GradeGrade SourceSellerPrice($)Sold Date
MS-63NGCDavid Lawrence RC30.0012/25/2022
MS-64PCGSStack's Bowers80.0007/27/2022
MS-64NGCDavid Lawrence RC55.0007/03/2022
MS-66PCGSStack's Bowers168.0006/17/2022
MS-64PCGSStack's Bowers60.0005/18/2022
MS-64NGCDavid Lawrence RC55.0001/09/2022
MS-65PCGSHeritage Auctions144.0001/06/2021
MS-63PCGSDavid Lawrence RC30.0008/18/2019
MS-65PCGSHeritage Auctions94.0004/17/2019
MS-65PCGSHeritage Auctions94.0012/26/2018
MS-63PCGSHeritage Auctions26.0008/22/2018
MS-65PCGSHeritage Auctions84.0007/25/2018
MS-64PCGSDavid Lawrence RC45.0005/14/2018
MS-65+PCGSDavid Lawrence RC126.0001/08/2018
MS-65+PCGSHeritage Auctions74.0005/24/2016
MS-66PCGSHeritage Auctions141.0005/09/2016
MS-65+PCGSHeritage Auctions64.0004/26/2016
MS-64PCGSDavid Lawrence RC35.0010/04/2015
MS-64NGCHeritage Auctions36.0009/22/2015
MS-64PCGSHeritage Auctions36.0006/30/2015
MS-66PCGSHeritage Auctions141.0006/30/2015
MS-65+PCGSHeritage Auctions66.0004/19/2015
MS-65+NGCHeritage Auctions74.0003/10/2015
MS-63PCGSGreat Collections19.0012/21/2014
MS-64PCGSGreat Collections38.0011/30/2014
MS-63PCGSGreat Collections17.0011/16/2014
MS-64PCGSGreat Collections47.0010/26/2014
MS-65+PCGSHeritage Auctions70.0006/02/2014
MS-64PCGSGreat Collections30.0005/04/2014
MS-65+NGCGreat Collections59.4004/13/2014
MS-65+PCGSGreat Collections62.7003/09/2014
MS-63NGCHeritage Auctions24.0003/03/2014
MS-64PCGSGreat Collections22.0012/15/2013
MS-64ANACSGreat Collections41.0012/01/2013
MS-65+PCGSHeritage Auctions76.0009/30/2013
MS-64NGCHeritage Auctions33.0007/22/2013
MS-64NGCHeritage Auctions35.0001/28/2013
MS-64NGCHeritage Auctions30.0012/24/2012
MS-64PCGSGreat Collections30.0012/23/2012
MS-65+PCGSHeritage Auctions79.0009/17/2012
MS-63PCGSHeritage Auctions16.0001/16/2012
MS-64PCGSHeritage Auctions50.0005/16/2011
MS-66NGCHeritage Auctions84.0008/26/2009
MS-66NGCHeritage Auctions104.0007/31/2009
MS-64ANACSHeritage Auctions38.0006/24/2009
MS-66NGCHeritage Auctions150.0005/20/2009
MS-64NGCHeritage Auctions33.0003/11/2009
MS-65+PCGSHeritage Auctions69.0003/01/2009
MS-64ICGDavid Lawrence RC33.0002/12/2009
MS-64ANACSHeritage Auctions21.0009/29/2008
MS-64NGCHeritage Auctions29.0009/10/2008
MS-65+ANACSHeritage Auctions51.0007/09/2008
MS-65+NGCHeritage Auctions54.0004/16/2008
MS-65+ANACSHeritage Auctions57.0007/18/2007
AU-58ANACSDavid Lawrence RC9.0007/16/2007
MS-65+PCGSHeritage Auctions78.0011/20/2006
MS-64NGCDavid Lawrence RC25.0011/06/2006
MS-65+PCGSHeritage Auctions63.0006/29/2005
MS-65+PCGSHeritage Auctions58.0006/23/2004
MS-65+PCGSHeritage Auctions127.0006/03/2004
MS-65+ANACSHeritage Auctions59.0004/07/2001
MS-65+NGCHeritage Auctions230.0011/18/2000
MS-64ANACSHeritage Auctions19.0009/07/2000
MS-65+NGCHeritage Auctions38.0008/31/2000
MS-64NONEB. Max Mehl0.5006/01/1941