As of May, 2024, a 1928-S Penny, BN in circulated condition is worth between $1.00 and $95.00, while an uncirculated specimen can be valued between $100.00 and $650.00, 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 $690.00 in the 01/08/2020 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: 17,266,000
Mint: San Francisco
Metal: 95% Copper, 5% Tin and Zinc
Series: Lincoln Cents 1909-1958

1928-S Penny, Bn (Regular Strike) – Price Chart

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

GradePrice($)
MS-65650.00
MS-64+325.00
MS-64250.00
MS-63+225.00
MS-63215.00
MS-62+160.00
MS-62140.00
MS-61110.00
MS-60100.00
AU-58+95.00
AU-5890.00
AU-55+70.00
AU-5565.00
AU-53+50.00
AU-5345.00
AU-50+36.00
AU-5032.00
XF-45+24.00
XF-4522.00
XF-4020.00
VF-3514.00
VF-3012.00
VF-256.00
VF-206.00
F-155.00
F-123.00
VG-103.00
VG-82.00
G-62.00
G-41.00

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 State100.00650.00241.67
About Uncirculated32.0095.0060.38
Extremely Fine20.0024.0022.00
Fine and Very Fine3.0014.007.67
Good and Very Good1.003.002.00

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-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, RB (Regular Strike)N/AN/A22.00185.00
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-S Penny, Bn (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

$49.00

Lowest Sale Price
$216.00

Highest Sale Price
$99.44

Average Sale Price
$156.00

Most Recent Sale Price
18

Number of Sales
$1,789.93

Sales Volume

Grade Impact Analysis

GradeLowest Price($)Highest Price($)Average Price($)
MS-65+127.00470.00285.17
MS-65690.00690.00690.00
MS-6494.00201.00143.86
MS-6349.00216.0099.44
MS-62+63.00120.0089.00
MS-6137.0071.5054.25
MS-6047.0098.0072.50
AU-5825.0059.0042.01
AU-55+40.0040.0040.00
AU-5523.0023.0023.00
AU-5318.0024.0021.00
AU-5030.0030.0030.00
XF-4520.0020.0020.00
XF-408.008.008.00
PO-18.0050.0029.00

The chart shows the min and max prices for the 1928-S Penny, BN (Regular Strike) coin across various grades from PO-1 to MS-65+. The prices generally increase as the grade improves, with MS-65 having the highest max price $690.00.

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-S Penny, BN (Regular Strike).

Auction House Comparison

The pie chart breaks down the market share of various auction houses for selling the 1928-S Penny, BN (Regular Strike) coin. Heritage Auctions dominates with 67.92% share, followed by Great Collections / David Lawrence RC with 16.98% / 9.43% appearances respectively..

Price Trend Over Time

The graph presents a detailed analysis of the average annual auction sale price and frequency for the 1928-S Penny, BN (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
AU-50PCGSDavid Lawrence RC30.0012/25/2022
MS-63PCGSGoldberg Auctioneers156.0006/30/2022
MS-62+PCGSGoldberg Auctioneers120.0006/30/2022
AU-58PCGSHeritage Auctions59.0005/04/2022
MS-63PCGSHeritage Auctions216.0006/09/2021
MS-65PCGSHeritage Auctions690.0001/08/2020
AU-55+NGCDavid Lawrence RC40.0007/07/2019
MS-62+PCGSHeritage Auctions63.0012/19/2018
MS-62+NGCHeritage Auctions84.0012/05/2018
MS-64PCGSStack's Bowers144.0008/22/2018
MS-63PCGSDavid Lawrence RC95.0006/10/2018
MS-63PCGSDavid Lawrence RC100.0005/14/2018
MS-64PCGSHeritage Auctions141.0012/27/2016
MS-63PCGSHeritage Auctions74.0003/29/2016
AU-53PCGSHeritage Auctions18.0001/10/2016
MS-65+NGCHeritage Auctions258.5005/19/2015
MS-63PCGSHeritage Auctions79.0003/01/2015
MS-63PCGSHeritage Auctions94.0002/10/2015
AU-53PCGSGreat Collections24.0012/28/2014
MS-61NGCGreat Collections71.5012/07/2014
XF-45PCGSGreat Collections20.0011/16/2014
AU-58PCGSGreat Collections51.0007/13/2014
AU-58PCGSGreat Collections30.1006/08/2014
MS-63PCGSHeritage Auctions106.9303/03/2014
MS-64PCGSHeritage Auctions153.0012/02/2013
MS-64PCGSHeritage Auctions147.0010/21/2013
PO-1PCGSGreat Collections8.0010/06/2013
AU-58PCGSGreat Collections42.0009/29/2013
PO-1PCGSGreat Collections50.0007/21/2013
MS-63PCGSHeritage Auctions101.0003/18/2013
MS-65+NGCHeritage Auctions470.0001/09/2013
XF-40ANACSGreat Collections8.0012/16/2012
AU-58NGCHeritage Auctions36.0011/19/2012
MS-63PCGSHeritage Auctions94.0007/23/2012
MS-63PCGSHeritage Auctions127.0002/02/2012
AU-58NGCHeritage Auctions25.0001/02/2012
MS-63ANACSHeritage Auctions69.0005/02/2011
MS-63ANACSHeritage Auctions115.0003/21/2011
MS-64ANACSHeritage Auctions94.0010/27/2010
AU-55ANACSHeritage Auctions23.0009/29/2008
MS-64PCGSDavid Lawrence RC201.0002/12/2007
MS-63PCGSHeritage Auctions98.0001/03/2007
MS-60NCSHeritage Auctions98.0001/30/2006
MS-63PCGSHeritage Auctions92.0010/27/2004
MS-63ANACSHeritage Auctions71.0010/13/2004
MS-60ANACSHeritage Auctions47.0003/24/2004
MS-63ANACSHeritage Auctions49.0006/11/2003
MS-61ANACSHeritage Auctions37.0004/23/2003
MS-64PCGSHeritage Auctions127.0004/09/2003
AU-58PCGSHeritage Auctions39.0008/06/2002
MS-63NGCHeritage Auctions53.0008/06/2002
MS-65+PCGSHeritage Auctions127.0004/07/2001
AU-58ANACSHeritage Auctions54.0008/31/2000