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

Published on 10/08/2020
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1873 Doubled ‘Closed 3’ Indian Head Penny Front

Weighing 3.11 grams, 1873 Doubled ‘Closed 3’ Indian Head Penny went for $12,650 at an auction. It is valuable thanks to doubling, which you will find in “LIBERTY.” They only made around a million of the “closed 3 coins.” On the other hand, around 11 million “open 3” coins made it into circulation.

1873 Doubled 'Closed 3' Indian Head Penny Front

1873 Doubled ‘Closed 3’ Indian Head Penny Front

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1873 Doubled ‘Closed 3’ Indian Head Penny Back

But what does open and closed mean? Take a look at the amount of space in “3” on it. The variety came about thanks to the difference in the numeral used. In October 2011, one of them with a red-brown coloration and nearly uncirculated condition was auctioned off at a Heritage Auction in Pittsburgh.

1873 Doubled 'Closed 3' Indian Head Penny Back

1873 Doubled ‘Closed 3’ Indian Head Penny Back

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