Most people overlook pennies, thinking they hold little to no value. However, some rare pennies are worth hundreds of thousands of dollars, turning lucky finders into instant millionaires. Two of the most sought-after error pennies are the 1922 No D Lincoln Penny and the 1969-S Doubled Die Penny. These coins have sold for astonishing amounts at auctions, and you might have one hiding in your change! Let’s explore what makes them so valuable.
1. 1922 No D Lincoln Penny – A Minting Mistake Worth Thousands
The 1922 No D penny is a famous error coin. It was minted in Denver, but due to die polishing and wear, some coins were struck without the “D” mintmark. This mistake created a rare and highly desirable penny among collectors. In top condition, this penny has sold for over $100,000, with lower-grade examples still fetching thousands.
2. 1969-S Doubled Die Penny – A Rare Error Worth a Fortune
The 1969-S doubled die penny is one of the most dramatic and valuable doubled-die errors ever discovered. The doubling is clearly visible on the date and lettering, making it easy to spot. The U.S. Secret Service once thought these coins were counterfeits, but they were later confirmed as genuine errors. High-quality examples have sold for over $500,000, making this penny a life-changing discovery.
Both the 1922 No D and 1969-S Doubled Die pennies are among the most valuable Lincoln cents ever produced. Their rarity, history, and collector demand have led to record-breaking auction prices. If you ever come across one of these coins, get it authenticated—you might be holding a small fortune in your hands!
FAQ’s:
1. How can I tell if I have a 1922 No D penny?
Look at the mintmark area under the date. A true 1922 No D penny will have no visible “D” mintmark, and the details on Lincoln’s portrait may appear weak or worn.
2. How do I identify a 1969-S doubled die penny?
Examine the date and words “LIBERTY” and “IN GOD WE TRUST”—a real doubled die will show strong, clear doubling. Counterfeits exist, so professional authentication is recommended.
3. Where can I sell a rare penny like these?
Rare pennies can be sold at coin auctions, certified coin dealers, or online platforms like eBay and Heritage Auctions. Always get them graded by PCGS or NGC before selling.
4. What is the highest price ever paid for these pennies?
The 1922 No D penny has sold for over $100,000, while the 1969-S doubled die penny has exceeded $500,000 in pristine condition.
5. Should I clean my rare penny before selling it?
No! Never clean a rare coin, as this can damage its surface and reduce its value significantly. Keep it in a protective case and have it professionally graded.
