The value of a 1938-S wheat penny depends on its condition and any unique characteristics it may have. In general, a 1938-S wheat penny in good condition can be worth anywhere from $0.15 to $1.50. However, if the penny is in uncirculated condition, its value can be much higher. For example, a 1938-S wheat penny in uncirculated condition can be worth anywhere from $15 to $150 or even more.
1938-S Wheat Penny Errors and Varieties
There are a few known errors and varieties of the 1938-S wheat penny that can make them more valuable. For example, there is a known variety of the 1938-S wheat penny that has a doubled die error on the obverse. This error can add a significant amount of value to the coin, making it worth several hundred dollars or even more.
How to Determine the Value of a 1938-S Wheat Penny
The best way to determine the value of a 1938-S wheat penny is to have it appraised by a professional numismatist. A numismatist can examine the coin and determine its condition and any unique characteristics it may have. They can then provide you with an accurate estimate of its value.
Where to Buy or Sell a 1938-S Wheat Penny
There are a few different places where you can buy or sell a 1938-S wheat penny. You can find these coins at coin shops, online coin auctions, and through private sales. When buying or selling a 1938-S wheat penny, it is important to do your research and make sure you are getting a fair price.