$1.136 Million Paid for NYC Man's 1958 Penny, Reports GreatCollections (2024)

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$1.136 Million Paid for NYC Man's 1958 Penny, Reports GreatCollections? ›

Consigned to an auction by New York City collector Stewart Blay just weeks before he died, this mismade 1958 Lincoln cent

DDO is one of the most well-known and frequent errors among pennies. However, the 1958 cent with this error is one of the rarest such specimens. So far, only three such coins are known to exist. The doubling is visible on the inscriptions LIBERTY, IN GOD WE TRUST, and the minting date.

The value of a standard 1958 Wheat Penny in circulated condition is typically only a few cents above face value. However, uncirculated examples or those with the doubled die error can fetch significantly higher prices.

The 1958 doubled die cent boasts very strong doubling with only three specimens known. It is comparable to the 1955 and 1972 doubled die cents.

This rare 1943 Lincoln cent is only 1 of 15 known in the world.

What Years of Pennies Have Errors? Pennies with errors can be found from any year, although some years may have more errors than others. Some of the more common years for errors include 1955, 1956, 1972, 1989, and 1995.

Of the three the 1982 no mint mark is slightly scarcer than the other two. But the 1982 D 3.11 gm SMALL DATE is extremely rare. So far only two specimens have been found, and have sold at auction for close to $35,000.

The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Being that there are no more 1944 Lincolns being produced, the scarcity of these coins is constantly on the rise, thus making the coins more valuable.

The 1959-D wheat penny is one of the most controversial mule coins ever. It's worth $50,000! Here's everything you could possibly want to know about the 1959-D penny error!

The mint mark is the small letter that shows which Mint location made the coin. The two most common mint marks are the “P” for Philadelphia and “D” for Denver. The initials of the artist(s) who designed and sculpted the coin are also included in small letters.

How many 1943 bronze pennies have been found? ›

According to Lukes, there are 17 1943 Bronze Cents known (10 from Philadelphia, six from San Francisco, and one from Denver); this conflicts with another census that lists 12 from Philadelphia. 3. EF-40, obverse and reverse stains and corrosion (illustrated below).

The Lincoln penny replaced the Indian Head penny and was the first everyday U.S. coin to feature an actual person, but it was immediately met with controversy over the inclusion of the initials of the sculptor who designed the coin, Victor David Brenner, on the reverse. 1909-S VDB Lincoln Cent. United States. Value.

The 1958 D Wheat Penny is not particularly rare as it had a large mintage, but high-grade examples or those with errors are more valuable. What factors affect the 1958 D Wheat Penny value? Condition, mint errors, and rarity influence its value.

A 1958-dated Lincoln cent mistakenly made with doubling in some letters of the design has sold for a record $1,136,250. It was owned by a New York City collector who died soon after consigning his pristine condition coins to be sold at auction. He spent his life procuring the absolute best-of-the-best Lincoln cents...

One of the rarest pennies cost a Beverly Hills man a pretty penny. At an auction last Thursday, Kevin Lipton shelled out $2,585,000 for the Birch Cent, a penny made in 1792 that is named after its engraver, Robert Birch. It's the most money ever paid for a one-cent piece.

1958 Double Die Obverse

In the world of rare error coins, there aren't many rarer than the 1958 double die obverse. More than 252 million Wheat pennies were struck in Philadelphia that year. And of all those coins, just three have been found with doubling on the obverse.

Double denomination error (penny struck on the wrong planchet) This error occasionally occurred because the US Mint struck numerous coin types in 1956.