The 1938 Small Cents Lincoln, Wheat Ears Reverse NGC PF-64 RB represents a significant piece of American numismatic history. This exceptional proof coin from the Lincoln cent series showcases the artistry and craftsmanship that defined United States coinage during the Great Depression era. The NGC certification of PF-64 RB (Red-Brown) indicates this is a premium-quality specimen that has been professionally authenticated and graded by the Numismatic Guaranty Company, one of the world's leading coin grading services.

Historical Significance of the 1938 Lincoln Cent

The 1938 Lincoln cent marks an important milestone in American coinage history. By this year, the Lincoln cent design, which debuted in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth, had become an iconic symbol of American currency. The 1938 proof coins were struck with exceptional care, making them highly sought after by serious collectors and numismatists worldwide.

During the late 1930s, the United States was still recovering from the economic devastation of the Great Depression. Despite these challenging times, the U.S. Mint continued to produce proof coins for discerning collectors who valued quality and rarity. The 1938 proof cents represent a period when craftsmanship remained paramount, and each coin was individually struck multiple times to achieve the distinctive frosted finish characteristic of proof coinage.

The Wheat Ears Reverse Design

The reverse of the 1938 Lincoln cent features the iconic "Wheat Ears" design, which graced the back of these coins from 1909 through 1958. Designed by Victor D. Brenner, this design replaced the original wheat sheaf motif and became one of the most recognizable elements of American numismatics. The two wheat stalks frame the denomination and inscriptions, creating a design that symbolizes American agriculture and prosperity.

This particular reverse design is highly significant to collectors because it was only produced for a limited number of years, and proof specimens from the 1930s are particularly scarce. The artistic quality of the wheat ears design is evident in this 1938 specimen, with each detail sharply struck and beautifully preserved.

Understanding NGC Certification and PF-64 RB Grade

The NGC certification provides authentication and grading that collectors depend on for valuable pieces. The "PF" designation indicates this is a proof coin, meaning it was struck specifically for presentation purposes using specially prepared dies and planchets. Proof coins receive multiple strikes to bring up the design details fully and achieve their distinctive appearance.

The grade of PF-64 places this coin in the "Choice Proof" category, representing an exceptionally well-preserved specimen. On the 70-point grading scale used by NGC, a PF-64 demonstrates exceptional quality with only minor imperfections visible under magnification. The "RB" designation indicates "Red-Brown" coloring, which means this cent retains significant original red coloration mixed with brown toning—a desirable characteristic in Lincoln cent collecting.

Composition and Physical Specifications

• Year of Issue: 1938
• Denomination: One Cent
• Type: Lincoln Cent, Wheat Ears Reverse
• Composition: 95% Copper, 5% Zinc
• Diameter: 19.05 millimeters
• Weight: Approximately 3.11 grams
• Certification: NGC PF-64 RB
• Mint Mark: No mint mark indicates Philadelphia Mint production
• Die Characteristics: Original dies with full strike

Rarity and Collectibility

The 1938 proof Lincoln cent is considered a key date in the proof cent series. Proof coins from this era were not widely collected or preserved, making high-grade specimens increasingly difficult to locate. The NGC PF-64 RB grade represents a coin that has retained excellent eye appeal and original luster, despite its age of nearly nine decades.

Collectors of United States proof coinage highly value specimens from the 1930s, as these coins represent some of the finest examples of American minting artistry during a challenging economic period. The scarcity of well-preserved 1938 proof cents ensures strong collector demand and investment potential for quality pieces like this one.

Condition and Appearance

This particular coin exhibits the hallmark characteristics of high-quality proof coinage. The frosted fields and reflective surfaces are typical of professionally preserved proof cents. The PF-64 grade indicates minimal wear and only light contact marks, which is expected for a coin of this age and type. The Red-Brown coloring suggests this coin has been stored properly and has not experienced excessive cleaning or improper handling.

When examining this 1938 cent under proper lighting, collectors will appreciate the sharp strike details, particularly on Lincoln's portrait on the obverse and the wheat ears on the reverse. The preservation of these fine details is crucial for serious numismatists who value craftsmanship and historical authenticity.

Investment Potential and Collector Appeal

Proof Lincoln cents from the 1930s have demonstrated steady appreciation over time, making them attractive to both numismatic enthusiasts and alternative investors. The combination of historical significance, rarity, and superior condition grade makes this 1938 specimen a valuable addition to any serious collection. NGC certification provides confidence in authenticity and grade, protecting your investment and facilitating future sales or trades.

Whether you are a seasoned numismatist seeking to complete your collection or a new collector interested in American coinage history, this 1938 Small Cents Lincoln cent represents an excellent opportunity to own a genuinely rare and historically significant piece of United States currency.

Why Choose This Coin?

• Officially certified and graded by NGC, one of the most respected grading services
• Key-date proof cent with known scarcity
• Exceptional preservation in PF-64 Red-Brown condition
• Historic piece from the Great Depression era
• Strong collector and investor demand
• Beautiful Wheat Ears reverse design
• Authentic American numismatic treasure

Investing in rare and certified numismatic coins like this 1938 Lincoln cent allows you to own a tangible piece of American history while building a portfolio of assets that have proven resilience and collector appeal. The combination of historical significance, artistic merit, and investment potential makes this an exceptional numismatic offering.