Most people glance over pennies without giving them a second thought. But what if that seemingly ordinary one-cent coin was worth millions? A 1977 D Lincoln Cent featuring a rare “BIE” mint error has recently stunned collectors by selling for an astounding $2.7 million at auction. This unusual mint mistake, once considered minor, is now one of the most sought-after Lincoln cent variations in the collecting world.
1977 D Lincoln Cent – The BIE Error
The standout in this story is the 1977 D Lincoln Cent with a BIE error—a small vertical die break that appears between the “B” and “E” of the word “LIBERTY” on the obverse side. These die breaks create the illusion of the word “BIE,” which is how the error got its name. While BIE errors are not unique to the 1977-D cent, this particular year and mint mark combination has gained notoriety due to the coin’s pristine condition and rarity. Its recent sale for $2.7 million has brought national attention to this often-overlooked anomaly.
1955 Double Die Obverse Lincoln Cent
Another legendary Lincoln penny that continues to attract massive bids is the 1955 Double Die Obverse Lincoln Cent. Known for its dramatically doubled lettering—especially in “LIBERTY” and the date—this coin is one of the most famous and easily recognized error coins in U.S. history. A sharp, uncirculated example can fetch between $50,000 to $300,000, depending on grade. It’s a must-have for serious collectors and a reminder of how minting mistakes can create long-term value.
1992 Close AM Lincoln Cent
The 1992 Close AM Lincoln Cent is another lucrative error. On regular coins, the “A” and “M” in “AMERICA” are spaced apart, but in these error coins, the two letters appear close together—almost touching. Fewer than 20 examples have ever been found, and collectors are always on the hunt for more. High-grade examples have sold for upwards of $20,000, and experts believe more could be sitting in change jars or piggy banks across America.
The 1977 D Lincoln Cent with a BIE error proves that even minor-looking imperfections can lead to life-changing discoveries. While BIE errors were once common and overlooked, this specific example’s rarity, condition, and historical significance turned it into a $2.7 million windfall. Alongside coins like the 1955 Double Die and the 1992 Close AM penny, it serves as a powerful reminder: always check your change—because you never know when you might be holding a fortune.
FAQ’s:
1. What exactly is a BIE error on a penny?
A BIE error is a die break that occurs between the letters “B” and “E” in “LIBERTY,” often forming what looks like the word “BIE.”
2. Why is the 1977 D BIE penny so valuable?
Its value stems from the combination of a clear BIE error, its rarity, and near-perfect condition, which is extremely rare for this type.
3. Can I find BIE errors in other years?
Yes, BIE errors can appear on many Lincoln cents from the 1950s to the 1980s, though most are only worth a few dollars unless in mint state.
4. Where should I get my coins appraised?
Professional grading companies like PCGS or NGC can authenticate and appraise your coin for market value.
5. How do I preserve valuable pennies?
Store them in acid-free coin holders or slabs, and avoid handling with bare hands to prevent oil or dirt damage.
