1938-D Wheat Penny
The 1938-D Wheat Penny had a total mintage of just over 20 million from the Denver Mint. This is on the smaller side for many of the Wheat Pennies struck at this mint during this time period. The 1938-D Wheat Penny is a relatively affordable coin, even in higher Mint State grades, making it more accessible for those looking to build a collection without breaking the bank.
History of the 1938-D Wheat Penny
The 1938-D Wheat Penny is an attractive coin that is worth the effort to cherrypick for a well-struck coin. Many of the highest grade Mint State red variations of this coin are available and possible to find, as well as many in lower Mint State and circulated grades. The Wheat Penny was designed by Victor David Brenner. President Theodore Roosevelt wanted to prepare new coin designs that had more artistic merit. He chose Brenner based on a plaque he created with Lincoln’s profile. The Wheat Penny depicts a bust and profile of Abraham Lincoln on the obverse, with the D mint mark under the date. The reverse features two stalks of durum wheat.
1938-D Wheat Penny Worth
The 1938-D Wheat Penny value ranges from around one hundred dollars to upwards of four thousand dollars for the highest grade Mint State coins available on the market. The Wheat Penny comes in colors ranging from brown to brown-red to red varieties, with the latter typically commanding a higher price tag. The 1938-D Wheat Penny would make an affordable and attractive addition to any Wheat Penny series collection.
Type of coin: Penny
Year: 1938-D Wheat Penny
Wheat Penny Mint Mark: Denver
Total mintage: 20,010,000
Metal content: 95% Copper, 5% Tin and Zinc
Face value: 1 cent
Weight: 3.11 grams
Edge: Plain
Designer: Victor David Brenner
Diameter: 19.00 millimeters