Opinions- 1938-P Lincoln cent

nesvt · September 21, 2012 10:29AM

I think this was in a bunch of cents that my father-in-law gave me. Like I mentioned in the Half Dime opinion thread, I focus on Morgan dollars.

Is this worth anything with the wood grain surface? I see green on the top obverse. Did the value just drop to 0.01 again? Looks like the 8 is doubled.

GrumpyEd · September 21, 2012 11:05AM

Without the spots I'd have kept it as a neat example of woodgrain.

With the spots I'd think it's value is just another wheat cent.

originalisbest · September 21, 2012 11:37AM

The spots (green corrosion) eat into the coin, and kill it value-wise, but it's an interesting example of impurities in the planchet causing the woodgrain effect. I've never cared for it, actually! But it does occasionally happen on Wheats and Indians.

The slight doubling on the 8 appears to be machine doubling, caused at the time of striking -- good eyes! But no special value there.

Shamika · September 21, 2012 12:48PM

Love the wood grain toning. But the spots are a distraction. Still, it's worth more than 1 cent.

Opinions- 1938-P Lincoln cent

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