Pennies That Can Fetch You A Lot More Money Than Their Face Value

Published on 10/08/2020
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1958 Doubled Die Obverse Lincoln Penny Front

Minting errors cause double die coins. This means that a part of it looks “double.” You will see this in the wording on the face of the 1958 Double Died Observe Lincoln Penny. There are only three known examples in existence, which makes this particular coin very rare! Exactly how much is it worth?

1958 Doubled Die Obverse Lincoln Penny Front

1958 Doubled Die Obverse Lincoln Penny Front

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The 1958 Double Died Observe Lincoln Penny Back

The minting error already makes this coin valuable enough as it is. However, what makes it even more valuable is its red coloration. As you can see in the photo, it looks very distinct. In March 2018, Stacks Bowers Galleries Auction sold one of these coins for $336,000 at the Baltimore Coin Show.

1958 Doubled Die Obverse Lincoln Penny Front Back

1958 Doubled Die Obverse Lincoln Penny Back

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