1923 (S) Lincoln Wheat Cent
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$3,900 MS65BN 03-30-2024 eBay
Description
The 1923 (S) Lincoln Wheat Cent is a cent produced at the San Francisco Mint as part of the Lincoln Wheat Cents 1909-1958 series. With a mintage of 8.7 million, this is a less common issue — the scarcer of two mint variants, with 10% of total production. The obverse features Abraham Lincoln facing right, the first real person depicted on a U.S. circulating coin and the reverse displays two wheat stalks framing ONE CENT, symbolizing American agriculture. Minted during and after World War I, as America emerged as a global power and experienced the prosperity of the Roaring Twenties. Struck at the San Francisco Mint, established during the California Gold Rush and now primarily producing proof and collector coins. Estimated market value ranges from $5 to $477 depending on grade and condition. Struck in 95% copper, 5% tin and zinc, weighing 3.11 grams, 19 mm in diameter, with a plain edge. Cataloged as PCGS #2546.
