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CheerioCoins's Blog

28 Apr 2022

One of The Greatest

| CheerioCoins

My title may have captured your attention because it sounds like something like what a sports would be called, but that it definitely NOT what we be talking about today. Now you may wonder, is it one of the greatest coins? Greatest paper money? No. Today we will be talking about one of the greatest varieties.


A lot of people get errors and varieties messed up, but they are two different things. The basic definition of an error is a mess up in manufacturing a coin like a off struck coin or a double struck. The basic definition of a variety is a mistake that usually has something to do with the die like a double die obverse or a DDR. I have heard lots of people call varieties errors and errors varieties so if you didn't know, now you know! There are also kind of in between coins like Washington mule but that's a whole other thing.


Now you may wonder, what is one of the greatest varieties of all time that you will be talking about today? Today we will be talking about the 1955 1c double die obverse.


The1955 1C Doubled Die Obverse might be the most famous double die obverse. In 1955the Mint struck a working hub and a working die together while they were both slightly rotated differently from one another. This die struck thousands of 1955 Lincoln cents that made them double dies. Mint employees caught some of these double dies but didn't want to go through the trouble of melting around 20,000 double die cents so instead let them into circulation.


A few months later people started finding these varieties in circulation. A lot of them were pulled out of circulation and preserved. That's will see a lot of them in AU to MS grades. A lot of the 1955 double dies surfaced in cigarette packs because they costed 23c. So when people put in a quarter, there were two cents along with it. There are around 10,000 to 15,000 surviving examples now but many could still be lost in circulation.


These very large double dies are now worth around $1,500 to $12,000 depending on their grade. This coin is a very well known coin that I'm guessing you probably already knew about but I wanted to further inform you about them. There is no doubt about it when you see that doubling but there are a good amount of counterfeits out there too.


Thanks for reading my blog and have a great day!


CheerioCoins



Comments

Nice blog! I don't have any doubled die coins, but I would like to get one soon...

Kepi

Level 6

Enjoyed your blog! I have a 55 DDO in my collection! It's one of my favorites indeed! ; )

Jackson14

Level 4

Great blog!

CheerioCoins

Level 5

Thanks!

AC coin$

Level 6

Wooow ! Awesome .

Longstrider

Level 6

I actually have one of these '55 DDO. Won it at auction. I wish it was as nice as your photo but I am happy. I hope you are taking advantage of the FREE CONECA membership to YN's. Thanks. Nicely done.

CheerioCoins

Level 5

Thanks! That’s really cool that you have one

Mike

Level 7

One of the true pieces of our history! I have been looking for one for years. One I can afford. Thank you for a good blog on a cent everyone would love to own. !!

CheerioCoins

Level 5

Yeah, maybe one day someone on this site will find one.

"SUN"

Level 6

Nice blog

CheerioCoins

Level 5

Thanks!

CC

Level 4

I have a friend who has gone through hundreds of penny boxes-it's his hobby, and he actually found one of those. He sold it for several hundred dollars

CheerioCoins

Level 5

Wow!

Long Beard

Level 5

A subject seldom discussed these days. I remember dreaming of one when I was collecting cents for Old Blue back in the 1970's. While they have always been on the upper end of most budgets, the prices have come down compared to that time period. I still have yet to add one to the hoard!

user_18906

Level 2

The day I find a doubling coin I will be so happy Nice find

CheerioCoins

Level 5

I wish you luck on finding that DD!

It's Mokie

Level 6

Always hated that they saved a space for it in my coin folder. But one of the great rarities in numismatics for sure. Thanks for sharing your insights.

CheerioCoins

Level 5

Yeah, your welcome!

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