Posted by Coin collecting isn’t just a hobby; it’s a potential treasure hunt. Some pennies, due to rare minting errors, have fetched astonishing prices at auctions.
Among these, the 1972 Lincoln Cent with a Doubled Die Obverse (DDO) stands out, with pristine examples commanding up to $35,000.
Let’s delve into this remarkable coin and six other pennies that could significantly boost your finances.
The $35,000 1972 Lincoln Cent Error
The 1972 Lincoln Cent DDO is renowned among collectors. This error occurred when the coin’s die was misaligned during production, resulting in noticeable doubling on the obverse inscriptions, especially “LIBERTY” and “IN GOD WE TRUST”.
High-grade specimens, particularly those graded MS67 RD, have achieved auction prices up to $14,400. However, some reports suggest that exceptionally preserved examples have reached values as high as $35,000.
READ MORE: 10 Rare American Dimes Worth Thousands – Is One Hiding In Your Pocket?
Six More Pennies That Could Change Your Life
Beyond the 1972 DDO, several other pennies with unique errors have garnered significant attention and value:
1. 1955 Doubled Die Obverse (DDO)
One of the most famous error coins, the 1955 DDO features prominent doubling on the obverse inscriptions. Collectors prize this coin, with high-grade examples fetching substantial sums.
2. 1943 Bronze Cent
During World War II, pennies were primarily minted in steel to conserve copper. However, a few bronze planchets were mistakenly used, resulting in the rare 1943 Bronze Cent. These coins have sold for up to $840,000 at auction.
3. 1944 Steel Cent
In contrast to the 1943 error, some 1944 pennies were mistakenly struck on leftover steel planchets. These rare coins have achieved auction prices around $373,750.
4. 1909-S VDB Lincoln Cent
The 1909-S VDB penny is notable for its low mintage of just 484,000. Featuring the initials of designer Victor David Brenner, this coin is highly sought after, with pristine examples selling for over $50,000.
5. 1999 Wide AM Reverse
Some 1999 pennies feature a “Wide AM” in “AMERICA” on the reverse, a design intended for proof coins. These errors can fetch between $173 and $2,300, with near-perfect examples reaching $8,500.
6. 1983 Copper Penny
In 1983, pennies were primarily made from zinc. However, a few copper planchets were mistakenly used, resulting in the rare 1983 Copper Penny. These coins are valuable, especially in high grades.
Valuable Penny Errors at a Glance
| Coin | Error Type | Estimated Value |
|---|---|---|
| 1972 Lincoln Cent | Doubled Die Obverse | Up to $35,000 |
| 1955 Lincoln Cent | Doubled Die Obverse | Varies |
| 1943 Bronze Cent | Wrong Planchet | Up to $840,000 |
| 1944 Steel Cent | Wrong Planchet | Around $373,750 |
| 1909-S VDB Lincoln Cent | Low Mintage | Over $50,000 |
| 1999 Lincoln Cent | Wide AM Reverse | Up to $8,500 |
| 1983 Copper Penny | Wrong Planchet | Varies |
Rare penny errors offer more than just historical intrigue; they can be financially rewarding.
Whether it’s the 1972 DDO or other notable errors, these coins underscore the importance of examining your change closely. You might just discover a small fortune in your pocket.
FAQs
How can I identify a 1972 Doubled Die Obverse penny?
Look for noticeable doubling on the obverse inscriptions, especially “LIBERTY” and “IN GOD WE TRUST”.
Are all 1943 pennies valuable?
No, only the 1943 pennies mistakenly struck in bronze are highly valuable. The standard steel versions are common.
Where can I get my penny evaluated?
Professional grading services like PCGS or NGC can authenticate and appraise your coin.