1972 Lincoln Cent Double Die: Still In Circulation And Valued At $2.8 Million – Plus 6 More Rare Coins

The 1972 Lincoln Cent Double Die is one of the most iconic error coins in U.S. history. Valued at up to $2.8 million in perfect condition, this rare penny is highly sought after by collectors and numismatists.

This coin’s doubling error, historical significance, and scarcity make it a must-have for any coin collection.

What makes this coin unique is its distinctive doubling on the obverse, which features prominent errors in the lettering and date.

Even decades after its minting, it is still possible to find one in circulation, sparking excitement among collectors.

In this article, we’ll dive into the details of the 1972 Lincoln Cent Double Die and introduce six other rare coins that could be worth a fortune.

What Makes the 1972 Lincoln Cent Double Die Valuable?

1. Doubling Error: The 1972 Lincoln Cent features a significant double die obverse (DDO) error. Doubling is most evident on the words “LIBERTY,” “IN GOD WE TRUST,” and the date “1972.”
2. Limited Quantity: It’s estimated that fewer than 20,000 coins were struck with this error, making it a rare find.
3. High Demand: Coin enthusiasts are drawn to its distinct error and historical significance.
4. Condition Matters: Coins graded MS65 or higher by professional grading services can fetch prices in the six-figure range, with pristine examples commanding millions.

6 More Rare Coins That Could Be Worth a Fortune

Spotting the 1972 Lincoln Cent Double Die

Identifying the 1972 Lincoln Cent Double Die is straightforward if you know what to look for:

• Doubling Location: Check for clear doubling on “LIBERTY,” “IN GOD WE TRUST,” and the year “1972.”
• Condition: The better the coin’s condition, the higher its value. Coins with no visible wear or scratches are worth significantly more.
• Weight: The coin should weigh approximately 3.11 grams, consistent with pennies minted during that era.

Why Are These Coins So Valuable?

1. Mint Errors: Coins with errors like doubling or misprints are highly sought after because they are accidental rarities.
2. Historical Significance: Many of these coins represent unique moments in U.S. minting history.
3. Low Mintage: Coins produced in limited quantities, such as the 1909-S VDB Lincoln Cent, become more valuable due to their scarcity.
4. Collector Demand: Rare coins, especially in excellent condition, attract high demand from collectors worldwide.

How to Find Rare Coins in Circulation

• Search Your Change: Coins like the 1972 Double Die and 1999 Wide AM Penny can still be found in circulation.
• Bank Rolls: Request penny rolls from your local bank and search for errors or rare dates.
• Estate Sales: Many rare coins are discovered in old coin collections or estate auctions.

The 1972 Lincoln Cent Double Die, valued at up to $2.8 million, is a treasure worth hunting for in your pocket change.

Its rarity, coupled with its distinct doubling error, makes it a standout coin for collectors. Alongside other rare finds like the 1943 Bronze Penny and 1955 Double Die Lincoln Cent, these coins are a testament to the unexpected value hidden in small change.

Whether you’re a seasoned numismatist or a casual enthusiast, now is the perfect time to keep an eye out for these rare coins. Who knows—you might just discover a fortune in your spare change!

FAQs

How can I tell if I have a 1972 Lincoln Cent Double Die?

Look for clear doubling on the obverse in the words “LIBERTY,” “IN GOD WE TRUST,” and the date “1972.” Using a magnifying glass or coin loupe can help identify the error more easily.

What should I do if I find a 1972 Double Die Penny?

If you suspect you have a rare coin, have it authenticated and graded by a professional grading service like PCGS or NGC. Grading significantly increases the coin’s market value.

Where can I sell a rare coin like the 1972 Lincoln Cent Double Die?

You can sell rare coins through reputable auction houses, online marketplaces, or coin dealers. Ensure your coin is authenticated for the best return.