Coin collecting can prove to be a fulfilling hobby when you learn that some of the coins that you own can be more valuable than their face value. Such a case in point is the Doubled Die Obverse 1972 Lincoln Cent, which has sold for as much as $14,400 at an auction.
In this article, we’ll delve into the details of this valuable penny and explore seven other modern coins that could be hiding in your collection, each with the potential to command significant sums.
1972 Lincoln Cent with Doubled Die Obverse
The 1972 Lincoln Cent is famous for a mint error called the Doubled Die Obverse (DDO). Such an error creates visible doubling of the legends on the obverse of the coin, most clearly seen in the date “1972,” the term “LIBERTY,” and the motto “IN GOD WE TRUST.” There are estimated to be around 20,000 of such error coins.
Highly Notable Sales and Values:
- MS63 Grade: Worth between $250 and $500.
- MS65 Grade: Worth between $1,500 and $3,000.
- MS67 Grade: Sold for a price of $14,400 in a Heritage Auction in 2019.
7 More Modern Coins
1969-S Doubled Die Obverse Lincoln Cent
- Description: This cent has extreme doubling on the obverse, particularly in the legends.
- Notable Sale: A graded AU-55 specimen sold for around $24,000.
1970-S Small Date Doubled Die Obverse Lincoln Cent
- Description: Has a light doubling on the obverse and a clear small date variety.
- Notable Sale: High-grade specimens have sold for substantial amounts, although exact prices differ.
1999 Wide “AM” Reverse Lincoln Cent
- Description: In this variety, the letters “A” and “M” of “AMERICA” are wider apart on the reverse.
- Notable Sale: Up to $500 has been paid for high-grade examples.
1982 No Mint Mark Roosevelt Dime
- Description: In 1982, a few dimes were accidentally minted without a mint mark.
- Notable Sale: Depending on condition, these dimes can sell for several hundred dollars.
2004-D Wisconsin State Quarter with Extra Leaf
- Description: An extra leaf appeared on the ear of corn in some Wisconsin quarters due to a die error.
- Notable Sale: The value of these quarters can range from $300 to $1,500, depending on condition.
2009 Lincoln Cent Professional Life Reverse with Satin Finish
- Description: These coins were released in special mint sets and have a satin finish as well as a low mintage.
- Interesting Sale: They may be worth anywhere from several hundred dollars depending upon the grade
2005-D Speared Bison Jefferson Nickel
- Description: A die gouge in the shape of a “spear” through the bison’s back is found on this nickel.
- Notable Sale: Over $1,000 is paid for high-grade specimens.
How to Check If You Have a Rare Coin
Think you might have one of these valuable coins? Here’s what to do:
- Use a magnifying glass to inspect key details.
- Check mint marks and date errors.
- Weigh your coin—some rare coins were struck on the wrong metal planchets.
- Get it graded by PCGS or NGC to confirm authenticity.
Conclusion
The 1972 Doubled Die Obverse Lincoln Cent is a good example, with some examples selling for remarkable sums at auction. Likewise, other contemporary coins mentioned above show that treasures could be right under your nose in your change or coin collection. Taking the time to examine your coins and staying up on important varieties can result in thrilling and potentially profitable finds.
FAQ’s
Are all 1972 pennies with doubling worth money?
Only the coins with the authentic Doubled Die Obverse error are worth money. Machine doubling, which is more prevalent, does not appreciably add to a coin’s value. It’s a good idea to have the coin graded by a professional grading service.
How do I recognize a 1972 Doubled Die Obverse Lincoln Cent?
Check for sharp doubling in the date “1972,” the term “LIBERTY,” and the motto “IN GOD WE TRUST” on the obverse. The doubling is generally in the southwest direction.