Most people assume that pennies are worth just one cent, but sometimes, certain pennies can be worth far more than even a gold coin. This is the case with some 1985 pennies, which have caught the attention of collectors due to their rare errors and unique characteristics. A simple pocket change find could turn into a small fortune if you know what to look for. Let’s dive into why these pennies are commanding such high values and what makes them so special.
the 1985 Doubled Die Penny
The star of the show is the 1985 Doubled Die Penny, a rare error coin that features noticeable doubling in its lettering and numbers. This doubling occurs during the minting process when the die shifts slightly between strikes, resulting in a unique and highly collectible variation. Among these, the most valuable ones exhibit strong doubling on the words “LIBERTY” and “IN GOD WE TRUST.”
The discovery of valuable 1985 pennies proves that not all change is just small change. Whether you are a serious collector or just someone who checks their spare change out of curiosity, keeping an eye out for these rare error coins can be well worth the effort. With some specimens selling for thousands of dollars, a simple penny could be worth more than a gold coin. So before you overlook that copper coin in your hand, take a closer look—you might be holding a hidden treasure!
FAQ’s:
1. How much is a 1985 Doubled Die Penny worth?
The value depends on its condition and the strength of the doubling. Some high-grade examples have sold for several thousand dollars at auction.
2. How can I identify a 1985 Doubled Die Penny?
Look for noticeable doubling on the words “LIBERTY” and “IN GOD WE TRUST.” Using a magnifying glass or a jeweler’s loupe can help spot the fine details.
3. Are all 1985 pennies with errors valuable?
Not necessarily. While the Doubled Die variety is valuable, other minor errors like off-center strikes or die cracks may have some value, but typically not as much.
4. Where can I sell a valuable 1985 penny?
You can sell valuable error coins through major auction houses, reputable coin dealers, and online numismatic marketplaces. Be sure to get the coin authenticated and graded for the best price.
5. What other modern pennies should I look for?
Other valuable modern pennies include the 1992 Close AM Penny, the 1999 Wide AM Penny, and the 1972 Doubled Die Penny. These rare errors can also be worth significant amounts to collectors.