Price Guide for 1988 Cent Variants

This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1988 Penny, RD (Regular Strike)
  • 3rd Party Price
    Uncirculated: $6.00 – $2,990.00
  • eBay
    Uncirculated: $0.99 – $7,040.00
  • PCGS Price Guide
    Uncirculated: $6.00 – $7,500.00
1988-D Penny, RD (Regular Strike)
  • 3rd Party Price
    Uncirculated: $6.00 – $1,495.00
  • eBay
    Uncirculated: $3.00 – $699.95
  • PCGS Price Guide
    Uncirculated: $5.00 – $5,500.00
1988 Penny Doubled Ear, FS-101, RD (Regular Strike)
  • 3rd Party Price
    Uncirculated: $3,120.00
  • PCGS Price Guide
    Uncirculated: $3,000.00
1988 Penny, BN (Regular Strike)
  • eBay
    Circulated: $275.00 – $650.00
    Uncirculated: $3.89 – $205.50
  • PCGS Price Guide
    Uncirculated: $4.00 – $5.00
1988 Penny, RB (Regular Strike)
  • 3rd Party Price
    Uncirculated: $288.00 – $661.00
  • eBay
    Uncirculated: $6.50 – $22.50
  • PCGS Price Guide
    Uncirculated: $5.00 – $6.00
1988-D Penny, RB (Regular Strike)
  • eBay
    Uncirculated: $2.03 – $4.99
  • PCGS Price Guide
    Uncirculated: $5.00 – $15.00
1988-S Penny, DCAM (Proof)
  • 3rd Party Price
    Circulated: $10.00
    Uncirculated: $6.00 – $1,438.00
  • eBay
    Uncirculated: $0.99 – $598.00
  • PCGS Price Guide
    Uncirculated: $1.00 – $64.00
1988 Penny Flared G, FS-901, BN (Regular Strike)
  • eBay
    Uncirculated: $1,950.00
  • PCGS Price Guide
    Uncirculated: $35.00 – $125.00
1988 Penny Flared G, FS-901, RB (Regular Strike)
  • eBay
    Uncirculated: $108.27 – $250.00
  • PCGS Price Guide
    Uncirculated: $40.00 – $250.00
1988 Penny Flared G, FS-901, RD (Regular Strike)
  • 3rd Party Price
    Uncirculated: $240.00
  • eBay
    Uncirculated: $200.00 – $890.00
  • PCGS Price Guide
    Uncirculated: $225.00 – $2,750.00
1988-D Penny Flared G, FS-901, BN (Regular Strike)
  • 3rd Party Price
    Uncirculated: $129.00
  • eBay
    Uncirculated: $110.00
  • PCGS Price Guide
    Circulated: $20.00 – $55.00
    Uncirculated: $75.00 – $375.00
1988-D Penny Flared G, FS-901, RB (Regular Strike)
  • eBay
    Uncirculated: $140.50 – $550.00
  • PCGS Price Guide
    Uncirculated: $110.00 – $800.00
1988-D Penny Flared G, FS-901, RD (Regular Strike)
  • eBay
    Uncirculated: $150.00 – $2,600.00
  • PCGS Price Guide
    Uncirculated: $135.00 – $2,500.00

Design and Specifications of the 1988 Cent

The 1988 Lincoln Cent continued the long-standing tradition of honoring America’s 16th president. This coin marked the 79th year of the Lincoln Memorial reverse design, which was introduced in 1959. The year 1988 was significant as it was the 200th anniversary of the ratification of the U.S. Constitution, though this was not directly reflected on the cent.

Weight 2.5 grams
Diameter 19.05 mm
Mint Marks P, D, S
Composition 99.2% zinc, 0.8% copper
Obverse Design Abraham Lincoln's profile facing right, designed by Victor D. Brenner
Reverse Design Lincoln Memorial, designed by Frank Gasparro

Rarity Factors and Value Drivers

The condition of 1988 Lincoln Cents significantly impacts their value, especially for circulation strikes. Uncirculated examples with full original luster and no contact marks are highly sought after by collectors. For circulation strikes, coins graded MS65 or higher can command premium prices due to their scarcity.

Proof coins are expected to have sharp strikes and mirror-like fields. The most valuable proofs are those graded PR69 or PR70, with deep cameo contrast between the frosted devices and mirrored fields.

Philadelphia, P

Mintage: 6,958,385,000

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Common in most grades, but scarce in gem (MS65+) condition

Varieties Errors: None significant

Market Demand: Low, primarily of interest to collectors assembling date sets

Denver, D

Mintage: 5,253,740,443

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Common in most grades, but scarce in gem (MS65+) condition

Varieties Errors: None significant

Market Demand: Low, primarily of interest to collectors assembling date sets

San Francisco, S

Mintage: 3,262,948

Rarity Scale: Common for proofs

Circulation Status: Not Intended for Circulation

Preservation Rarity: Common in most proof grades, but scarce in perfect (PR70) condition

Varieties Errors: None significant

Market Demand: Moderate, popular among proof set collectors

Strike quality is an important factor for 1988 cents. Well-struck coins with full details, especially on Lincoln’s hair and the Memorial columns, are more desirable. Luster plays a crucial role in determining value for uncirculated coins, with coins exhibiting full, original cartwheel luster being most prized.

While not typically known for attractive toning, some 1988 cents may develop appealing colors over time. Naturally toned examples with rainbow hues can command a premium among certain collectors. Additionally, any major mint errors or die varieties, though rare for this year, could significantly increase a coin’s value if discovered.

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