Posted by In the intricate world of numismatics, certain coins stand out not just for their age but for their unique anomalies. One such coin is the 1922 No D Lincoln Wheat Cent, a rare error coin that has captivated collectors and recently fetched up to $90,000 at auction.
This article delves into the fascinating history, distinguishing features, and the factors contributing to the high value of this elusive penny.
The 1922 No D Lincoln Wheat Cent: An Overview
In 1922, the Denver Mint was the sole producer of Lincoln cents, all intended to bear the “D” mint mark. However, due to excessive die polishing and wear, some coins were struck without this distinguishing mark, resulting in the 1922 No D penny. This error has made it one of the most sought-after coins among collectors .
Key Features of the 1922 No D Penny
- Missing Mint Mark: Unlike standard 1922-D cents, this variety lacks the “D” mint mark below the date.
- Strong Reverse: The most valuable specimens exhibit a sharp and well-defined reverse design, indicating a strong strike.
- Obverse Design: Features the profile of President Abraham Lincoln with the inscriptions “IN GOD WE TRUST,” “LIBERTY,” and the year “1922.”
- Reverse Design: Displays two wheat stalks surrounding the inscriptions “ONE CENT,” “UNITED STATES OF AMERICA,” and “E PLURIBUS UNUM.”
Valuation Based on Condition
The value of a 1922 No D penny varies based on its condition:
| Condition | Estimated Value (USD) |
|---|---|
| Good (G-4) | $650 |
| Very Fine (VF) | $750 |
| Extremely Fine (EF) | $2,150 |
| About Uncirculated (AU) | $8,750 |
| Mint State (MS-63) | $18,882 |
| Mint State (MS-64) | $57,500 |
| Mint State (MS-65) | $92,000 |
Exceptional examples with a strong reverse and minimal wear have been known to reach $90,000 at auction .
Authentication and Rarity
The 1922 No D Lincoln cent is the only circulation strike coin in the entire Lincoln cent series which lacks its intended mint mark. Authenticity can be verified by examining the coin’s features and consulting reputable coin grading services.
An authentic 1922 No D Lincoln cent will display very sharp details on the reverse, unlike the additional two varieties of this year. A 1922 No D cent should have the second “2” stronger than the first “2”.
Also, the word “TRUST” is sharply struck. There are additional diagnostics which differentiate the more expensive and popular 1922 No D Lincoln cents. Therefore, authentication is highly recommended for this variety .
The 1922 No D Lincoln Wheat Cent exemplifies how minting anomalies can lead to significant value. Its unique history and rarity make it a prized possession among collectors.
Whether you’re a seasoned numismatist or a curious enthusiast, the story of this penny underscores the fascinating world of coin collecting.
FAQs
How can I authenticate a 1922 No D Lincoln Wheat Cent?
Authenticity can be verified by examining the coin’s features and consulting reputable coin grading services.
Are all 1922 pennies without a “D” mint mark valuable?
Not necessarily. The most valuable are those with a strong reverse and no trace of the “D” mint mark.
What makes the 1922 No D penny so rare?
The rarity stems from a minting error where some coins were struck without the “D” mint mark due to die polishing and wear, making them highly sought after by collectors.
Where can I sell or buy a 1922 No D penny?
Reputable coin dealers, auctions, and online marketplaces like eBay are common platforms for buying or selling such rare coins.