Pennies › Penny value chart › 1928
Lincoln Wheat cent1928 Wheat Penny Value
When worn, a 1928 Wheat Penny is typically worth about 7.5¢, a 1928-D Wheat Penny about 7.5¢ and a 1928-S Wheat Penny about $54.00.


Photo credits
National Numismatic Collection, National Museum of American History (photo: Jaclyn Nash) (PD; source)Check your own 1928 penny
Take a photo of each side. Penny Value helps you narrow down which 1928 penny you have and what to check.
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Every 1928 penny
Worn = typical value when worn (Good to Very Fine); MS-60 = uncirculated. Values as of Q4 2026 · Penny Value estimates · not an offer to buy.
- 1928Philadelphia · 134.1 million made7.5¢worn$47.00MS-60
- 1928-DDenver · 31.2 million made7.5¢worn$89.00MS-60
- 1928-SSan Francisco · 17.3 million made$54.00worn$230MS-60
Mint marks
1928 pennies for circulation were struck in Philadelphia (no mint mark), Denver (mint mark D) and San Francisco (mint mark S). The mint mark is below the date, on the front.
Questions
How much is a 1928 wheat penny worth?
When worn, a 1928 Wheat Penny is typically worth about 7.5¢, a 1928-D Wheat Penny about 7.5¢ and a 1928-S Wheat Penny about $54.00. These are Penny Value estimates as of Q4 2026, for information only.
Where is the mint mark on a 1928 penny?
1928 pennies for circulation were struck in Philadelphia (no mint mark), Denver (mint mark D) and San Francisco (mint mark S). The mint mark is below the date, on the front.
Is a 1928 penny copper?
Yes. Regular 1928 pennies are bronze (95% copper, 5% tin and zinc; about 3.11 g). A silver-colored 1928 penny has usually been plated or altered after it left the Mint.
Is a 1928 penny rare?
No. About 182.6 million were made for circulation, so a normal 1928 penny is common. Condition (uncirculated, original red color) and errors decide any premium.