Price Guide for 1928 Cent Variants
This guide presents price ranges for 1928 Cent variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
1928-S Penny, RD (Regular Strike)
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3rd Party PriceCirculated: $3,200.00Uncirculated: $121.00 - $45,600.00
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eBayCirculated: $31.00Uncirculated: $176.00 - $9,400.00
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PCGS Price GuideUncirculated: $135.00 - $55,000.00
1928-D Penny, BN (Regular Strike)
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3rd Party PriceCirculated: $8.00 - $161.00Uncirculated: $16.00 - $600.00
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eBayCirculated: $0.99 - $79.99Uncirculated: $12.54 - $1,125.00
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PCGS Price GuideCirculated: $1.00 - $36.00Uncirculated: $42.00 - $650.00
1928 Penny, BN (Regular Strike)
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3rd Party PriceCirculated: $7.00 - $1,035.00Uncirculated: $6.00 - $69.00
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eBayCirculated: $4.25 - $16.50Uncirculated: $1.00 - $225.00
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PCGS Price GuideCirculated: $1.00 - $10.00Uncirculated: $14.00 - $65.00
1928 Penny, RD (Regular Strike)
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3rd Party PriceCirculated: $325.00 - $2,400.00Uncirculated: $12.00 - $9,000.00
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eBayUncirculated: $18.50 - $3,492.70
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PCGS Price GuideUncirculated: $55.00 - $45,000.00
1928-D Penny, RD (Regular Strike)
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3rd Party PriceCirculated: $220.00 - $1,100.00Uncirculated: $68.00 - $12,600.00
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eBayUncirculated: $6.33 - $6,656.00
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PCGS Price GuideUncirculated: $60.00 - $62,000.00
1928 Penny, RB (Regular Strike)
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3rd Party PriceCirculated: $9.00Uncirculated: $0.50 - $230.00
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eBayUncirculated: $5.50 - $185.00
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PCGS Price GuideUncirculated: $22.00 - $185.00
1928-D Penny, RB (Regular Strike)
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3rd Party PriceUncirculated: $1.00 - $529.00
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eBayUncirculated: $24.97 - $685.57
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PCGS Price GuideUncirculated: $50.00 - $450.00
1928-S Penny, BN (Regular Strike)
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3rd Party PriceCirculated: $8.00 - $59.00Uncirculated: $37.00 - $690.00
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eBayCirculated: $5.50 - $159.99Uncirculated: $12.50 - $1,999.95
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PCGS Price GuideCirculated: $1.00 - $95.00Uncirculated: $100.00 - $650.00
1928-S Penny, RB (Regular Strike)
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3rd Party PriceUncirculated: $2.05 - $2,070.00
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eBayUncirculated: $79.00 - $1,928.00
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PCGS Price GuideUncirculated: $100.00 - $2,150.00
1928-S Penny Large S FS-501, BN (Regular Strike)
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3rd Party PriceCirculated: $39.00 - $109.00Uncirculated: $119.00 - $587.50
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eBayCirculated: $6.50 - $120.00Uncirculated: $153.00 - $262.28
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PCGS Price GuideCirculated: $30.00 - $114.00Uncirculated: $120.00 - $675.00
1928-S Penny Large S FS-501, RB (Regular Strike)
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3rd Party PriceUncirculated: $223.25 - $2,400.00
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eBayUncirculated: $222.50 - $270.99
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PCGS Price GuideUncirculated: $170.00 - $1,850.00
1928-S Penny Large S FS-501, RD (Regular Strike)
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3rd Party PriceUncirculated: $969.38 - $5,875.00
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eBayUncirculated: $807.00 - $899.97
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PCGS Price GuideUncirculated: $165.00 - $10,100.00
Design and Specifications of the 1928 Cent
The 1928 Lincoln Cent continues the design introduced in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth. This year marked the 19th year of the Lincoln Cent series, which would go on to become one of the longest-running coin designs in U.S. history. The coin was minted during the Roaring Twenties, a period of economic prosperity in the United States before the onset of the Great Depression.
| Weight | 3.11 grams |
|---|---|
| Diameter | 19 mm |
| Mint Marks | No mint mark (Philadelphia), S (San Francisco) |
| Composition | 95% copper, 5% tin and zinc |
| Obverse Design | Portrait of Abraham Lincoln facing right, designed by Victor D. Brenner |
| Reverse Design | Wheat ears flanking ONE CENT and UNITED STATES OF AMERICA, designed by Victor D. Brenner |
Rarity Factors and Value Drivers
Condition plays a crucial role in the value of 1928 Lincoln Cents. Circulated examples are relatively common and affordable, but uncirculated specimens, especially those in grades MS65 and above, can command significant premiums. The San Francisco mint coins, in particular, are highly sought after in high grades due to their lower mintage.
Collectors value coins with sharp strikes, full original luster, and minimal contact marks. For the highest grades, the presence of original red color is a significant factor, with full red examples (RD) being the most desirable, followed by red-brown (RB), and then brown (BN) coins.
Mintage: 134,116,000
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Scarce in grades MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, typical for non-key date Lincoln Cents
Mintage: 17,266,000
Rarity Scale: Uncommon
Circulation Status: Moderate Circulation
Preservation Rarity: Rare in grades MS65 and above
Varieties Errors: None significant
Market Demand: High, especially for well-preserved examples
Die varieties and errors can add substantial value to 1928 cents. While no major varieties are known for this year, collectors should look for doubled die errors, repunched mint marks, and off-center strikes, which can increase a coin's value significantly.
The overall eye appeal of the coin is important. Attractive, original toning can enhance value, particularly for the San Francisco mint coins. Conversely, cleaned or damaged coins are less desirable and may be worth only their intrinsic metal value.
As with all Lincoln Cents, the 1928 issue benefits from the series' popularity among collectors. Complete date and mint mark sets of Lincoln Cents are widely collected, ensuring a steady demand for all issues, including the 1928 cents.
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