A penny worth just one cent recently turned into a six-figure payday for a lucky collector. The coin? A rare double die obverse Lincoln penny, which sold at auction for $110,000. Minting errors like this often go unnoticed in circulation, but to coin collectors, they’re priceless. These error coins are not just rare—they’re legendary. Here’s what makes them so valuable and which other pennies you should keep an eye out for in your own change.
1. 1955 Doubled Die Obverse Lincoln Penny
The 1955 Doubled Die Obverse (DDO) Lincoln Penny is one of the most famous mint errors in U.S. coin history. This error occurred when the coin die was misaligned during production, causing the lettering—especially “LIBERTY” and “IN GOD WE TRUST”—to appear doubled and bold. The mistake was caught too late, and thousands of these pennies entered circulation. Today, a high-grade example can sell for $50,000 to $110,000. Even worn versions can fetch a few thousand dollars. If you see a doubled date or lettering, don’t ignore it—it could change your life.
2. 1972 Doubled Die Obverse Lincoln Penny
The 1972 DDO Penny is another iconic error coin. Like the 1955 version, it displays a strong doubling of the date and inscriptions on the obverse. While not as rare, it’s still highly collectible. Depending on its condition, it can bring in $300 to $5,000, with pristine examples reaching even higher prices. This coin reminds collectors that valuable errors didn’t stop in the 1950s—modern coins can be profitable too.
3. 1969-S Doubled Die Obverse Lincoln Penny
One of the scarcest and most valuable error coins is the 1969-S DDO Lincoln Penny. With bold doubling of the text and a relatively low number known to exist, this coin commands serious attention. Even more fascinating, early on, some of these coins were mistakenly deemed counterfeit by the Secret Service before being authenticated. Today, collectors are willing to pay $40,000 to over $100,000 for a well-preserved specimen. If you have a 1969 penny with a San Francisco mint mark and strange text, get it checked immediately.
Look Closely—Value Lies in the Details
Who knew that a minor minting mistake could lead to major financial gain? The 1955, 1972, and 1969-S Doubled Die Obverse Pennies prove that small design errors can turn ordinary coins into extraordinary treasures. These aren’t myths—they’ve been found in real change jars, coin rolls, and inherited collections. The next time you get a penny, don’t just glance at it—study it. That extra second could be worth thousands.
FAQ’s:
1. What exactly is a doubled die obverse error?
It’s a minting error where the die used to strike the coin has a duplicated design, causing visible doubling on the coin’s surface.
2. How do I identify a doubled die penny?
Look at the inscriptions like “LIBERTY” and “IN GOD WE TRUST.” If the letters appear clearly doubled, it may be a valuable error.
3. Are all doubled die pennies valuable?
Not all, but those with strong, obvious doubling—like the 1955, 1972, and 1969-S—can be worth thousands.
4. Can I find these coins in circulation today?
Yes! While rare, these coins have been found in everyday pocket change, rolls from the bank, or old coin jars.
5. Where should I get a possible error penny checked?
Send it to a certified grading company like PCGS or NGC, or consult a reputable coin dealer for authentication.