As of May, 2024, a 1938 Penny, CAM in uncirculated specimen can be valued between $260.00 and $27,500.00, 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 $14,400.00 in the 11/18/2020 by renowned auctioneer Stack's Bowers, showcasing the allure of top-tier rarities.

Designer: Victor David Brenner
Edge: Plain
Diameter: 19.00 millimeters
Weight: 3.11 grams
Mintage: 14,734
Mint: Philadelphia
Metal: 95% Copper, 5% Tin and Zinc
Series: Lincoln Cents 1909-1958

1938 Penny, Cam (Proof) – Price Chart

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

GradePrice($)
MS-67+27,500.00
MS-6714,500.00
MS-66+3,750.00
MS-661,350.00
MS-65+1,050.00
MS-65950.00
MS-64+650.00
MS-64550.00
MS-63+340.00
MS-63260.00

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 State260.0027,500.005,090.00

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 1938 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($)Max Uncirculated Price($)
1938 Penny, BN (Proof)N/AN/A18.00135.00
1938-S Penny, RD (Regular Strike)N/AN/A8.001,000.00
1938 Penny, RD (Regular Strike)N/AN/A7.0015,500.00
1938-D Penny, RD (Regular Strike)N/AN/A6.0011,500.00
1938-S/S Penny RPM FS-501, RD (Regular Strike)N/AN/A20.00400.00
1938-D/D Penny RPM FS-501, RD (Regular Strike)N/AN/A70.00750.00
1938-S/S/S Penny RPM FS-502, RD (Regular Strike)N/AN/A20.00650.00
1938 Penny, RD (Proof)N/AN/A50.004,300.00
1938 Penny, RB (Proof)N/AN/A35.001,300.00

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.

1938 Penny, Cam (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.

Grade:
Find On eBay
1m 6m 1y 3y All
$528.00
Lowest Sale Price
$2,937.50
Highest Sale Price
$1,274.80
Average Sale Price
$1,125.25
Most Recent Sale Price
47
Number of Sales
$59,915.73
Sales Volume

Grade Impact Analysis

GradeLowest Price($)Highest Price($)Average Price($)
MS-67+6,300.006,300.006,300.00
MS-674,520.0014,400.0010,067.50
MS-66+2,115.003,055.002,809.00
MS-66528.002,937.501,274.80
MS-65+690.00690.00690.00
MS-65431.003,105.001,230.02
MS-64207.00345.00247.00
MS-63184.00184.00184.00

The chart shows the min and max prices for the 1938 Penny, CAM (Proof) coin across various grades from MS-63 to MS-67+. The prices generally increase as the grade improves, with MS-67 having the highest max price $14,400.00.

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 1938 Penny, CAM (Proof).

Auction House Comparison

The pie chart breaks down the market share of various auction houses for selling the 1938 Penny, CAM (Proof) coin. Heritage Auctions dominates with 75.00% share, followed by Stack's Bowers / David Lawrence RC with 5.95% / 4.76% appearances respectively..

Price Trend Over Time

The graph presents a detailed analysis of the average annual auction sale price and frequency for the 1938 Penny, CAM (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-66PCGSDavid Lawrence RC1,125.2501/15/2023
MS-66PCGSDavid Lawrence RC1,700.0007/24/2022
MS-65PCGSDavid Lawrence RC750.0007/24/2022
MS-65PCGSHeritage Auctions660.0011/03/2021
MS-65PCGSHeritage Auctions576.0008/29/2021
MS-66+PCGSLegend Rare Coin Auctions3,055.0005/27/2021
MS-67PCGSStack's Bowers14,400.0011/18/2020
MS-66PCGSHeritage Auctions810.0010/21/2020
MS-67+NGCHeritage Auctions6,300.0009/20/2020
MS-66PCGSHeritage Auctions960.0006/07/2020
MS-66+PCGSLegend Rare Coin Auctions2,937.5003/26/2020
MS-66PCGSStack's Bowers1,020.0003/25/2020
MS-67PCGSHeritage Auctions9,600.0010/24/2019
MS-64NGCHeritage Auctions228.0010/31/2018
MS-66+PCGSLegend Rare Coin Auctions2,937.5005/17/2018
MS-65PCGSHeritage Auctions780.0012/07/2017
MS-66NGCHeritage Auctions528.0012/07/2017
MS-66NGCHeritage Auctions840.0009/07/2017
MS-66NGCHeritage Auctions552.0009/07/2017
MS-66PCGSHeritage Auctions646.2508/02/2017
MS-66+PCGSLegend Rare Coin Auctions3,000.0006/15/2017
MS-66NGCHeritage Auctions881.2504/25/2017
MS-66PCGSStack's Bowers763.7502/22/2017
MS-66NGCHeritage Auctions849.5302/16/2017
MS-66PCGSHeritage Auctions763.7501/04/2017
MS-65PCGSHeritage Auctions793.1310/31/2016
MS-66PCGSHeritage Auctions998.7510/03/2016
MS-66NGCHeritage Auctions940.0009/07/2016
MS-67PCGSHeritage Auctions11,750.0008/10/2016
MS-66PCGSHeritage Auctions1,057.5007/07/2016
MS-66PCGSHeritage Auctions2,232.5007/07/2016
MS-65NGCHeritage Auctions705.0005/24/2016
MS-66PCGSHeritage Auctions1,116.2504/27/2016
MS-66PCGSHeritage Auctions2,937.5002/04/2016
MS-66PCGSHeritage Auctions1,292.5010/29/2015
MS-66+PCGSHeritage Auctions2,115.0009/20/2015
MS-65+NGCScotsman690.0007/24/2015
MS-66PCGSHeritage Auctions1,410.0001/07/2015
MS-66PCGSHeritage Auctions1,468.7511/06/2014
MS-65PCGSHeritage Auctions881.2510/08/2014
MS-66NGCHeritage Auctions1,057.5009/04/2014
MS-66PCGSHeritage Auctions1,527.5006/04/2014
MS-66PCGSGreat Collections1,938.2004/06/2014
MS-66NGCHeritage Auctions940.0002/03/2014
MS-66PCGSHeritage Auctions2,585.0001/08/2014
MS-66NGCHeritage Auctions1,057.5001/08/2014
MS-66NGCHeritage Auctions1,058.0009/25/2013
MS-66PCGSStack's Bowers1,527.5007/27/2013
MS-66NGCHeritage Auctions1,058.0007/11/2013
MS-65PCGSHeritage Auctions1,175.0010/18/2012
MS-66NGCHeritage Auctions1,175.0009/06/2012
MS-66PCGSHeritage Auctions2,070.0010/13/2011
MS-64NGCHeritage Auctions219.0009/07/2011
MS-65PCGSStack's Bowers633.0008/15/2011
MS-66NGCHeritage Auctions978.0008/11/2011
MS-66NGCHeritage Auctions633.0004/28/2010
MS-64NGCHeritage Auctions207.0004/28/2010
MS-66NGCHeritage Auctions633.0004/28/2010
MS-65NGCHeritage Auctions431.0004/28/2010
MS-64NGCHeritage Auctions276.0004/28/2010
MS-66PCGSHeritage Auctions1,840.0004/28/2010
MS-64NGCHeritage Auctions207.0004/28/2010
MS-63NGCHeritage Auctions184.0004/28/2010
MS-65PCGSHeritage Auctions1,035.0001/06/2010
MS-65PCGSHeritage Auctions978.0001/06/2010
MS-66NGCHeritage Auctions690.0001/06/2010
MS-66PCGSDavid Lawrence RC2,409.0003/02/2009
MS-66NGCBowers & Merena690.0003/01/2009
MS-66NGCHeritage Auctions1,035.0003/01/2009
MS-66NGCHeritage Auctions1,035.0001/01/2009
MS-66PCGSHeritage Auctions2,300.0001/01/2009
MS-65PCGSBowers & Merena2,530.0001/01/2009
MS-65PCGSHeritage Auctions1,265.0001/01/2009
MS-64NGCHeritage Auctions345.0010/01/2008
MS-65NGCHeritage Auctions805.0009/01/2008
MS-67NGCBowers & Merena4,520.0007/26/2008
MS-65PCGSBowers & Merena3,105.0006/01/2008
MS-66NGCStack's1,265.0002/26/2008
MS-66NGCHeritage Auctions1,265.0005/01/2007
MS-65PCGSHeritage Auctions2,645.0003/01/2007
MS-65PCGSHeritage Auctions1,610.0005/04/2005
MS-66PCGSHeritage Auctions2,760.0002/23/2005
MS-66NGCHeritage Auctions1,495.0008/18/2004
MS-65PCGSSuperior Galleries2,013.0008/01/2002

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Last Updated on May 15, 2024 at 01:30 AM

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