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 Replies: 14 / Views: 509 |
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Valued Member
United States
375 Posts |
hi folks I am a firm believer in that a person should be able to spend their money in whatever way they choose. This penny did sell for over $40k. I am, myself not that kind of collector, but each to his own. My question is this: I looked at this penny and did not see the double die or whatever it was that makes it so special. To me, it just looked like another beat-up junk penny. Can any of you more experienced members tell me specifically what I should be looking for or at on this coin, because I just cannot see it. I am not knocking the coin or the buyer, just want to see what defect or feature or whatever that makes it so special. https://www.greatcollections.com/kb...-t400-4.htmlthanks all... mike |
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Pillar of the Community
United States
2803 Posts |
The 1969-S DDO-001 cent is a very VERY expensive doubled die, as the spread is one of the most extreme on a Lincoln cent.
It being at MS63+ also would have a massive impact.
I might be mistaken but I think this is the most valuable doubled die on a Lincoln cent in existence. This coin is worth around $60,000 in that grade. If it was even higher, then it could be worth around $125,000.
"Life is like a box of chocolates, you never know what you're gonna get." - Forrest Gump
The concept of maturity is complex. While one's capacity to be mature can be correlated with age, someone's overall maturity and respect for life is not. Maturity is formed through experience and perception.
Human progress can only be achieved through trial and error.
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Pillar of the Community
United States
3253 Posts |
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Valued Member
United States
375 Posts |
Ok Tanman, thanks for the link. Makes it easier to see it. Again, I am not knocking anybody or anything, I was just curious. If I was that kind of collector and that penny was so special, I can certainly see its value. I profess that I am ignorant on varieties, but it helps a little. Thanks again... mike
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Pillar of the Community
United States
8394 Posts |
As previously stated, the 1969-S FS-101 is the king of Memorial cent doubled dies, and the rarest major doubled die for the Lincoln Cent series. Even the most beaten examples often reach 5 figures. |
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Moderator
United States
32523 Posts |
It's 2021, RENEW your support of the Coin Community Family (click here) |
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Bedrock of the Community
United States
20147 Posts |
Now imagine if someone found an entire roll of those.  just carl
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Bedrock of the Community
United States
55710 Posts |
Almost $49K? Glad I'm not into Memorials!  |
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Valued Member
Korea, Republic Of
452 Posts |
There are a decent amount of folks with deeeeeeep pockets that collect super rarities. A coin like this is also seen as an investment as it will continue to grown in value. She sure is a beauty.
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Moderator
United States
97760 Posts |
I guess this pretty penny costs a pretty penny.  |
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Valued Member
Australia
115 Posts |
Quote:
I guess this pretty penny costs a pretty penny.  That 69 penny is oozing charisma. Gorgeous
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Pillar of the Community
Canada
4062 Posts |
If someone found an entire roll, the price would plummet.
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Pillar of the Community
United States
2803 Posts |
Quote:
If someone found an entire roll, the price would plummet. True words oriole. It's all about supply and demand.
"Life is like a box of chocolates, you never know what you're gonna get." - Forrest Gump
The concept of maturity is complex. While one's capacity to be mature can be correlated with age, someone's overall maturity and respect for life is not. Maturity is formed through experience and perception.
Human progress can only be achieved through trial and error.
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Pillar of the Community
United States
2165 Posts |
Truly is a remarkable doubled die. Quote:
A coin like this is also seen as an investment as it will continue to grown in value. She sure is a beauty. Unless those spots turn into corrosion.... reverse already looks a bit suspect if you ask me. |
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Moderator
United States
97760 Posts |
Quote:
Unless those spots turn into corrosion.... reverse already looks a bit suspect if you ask me. 
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Replies: 14 / Views: 509 |
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Posted 01/14/2021 12:42 am
