💰 The $950,000 1995 Lincoln Cent Error – How a Penny Broke Modern Auction Records

On March 15, 2025, a 1995 Doubled Die Obverse Lincoln Cent graded PCGS MS-66RD stunned the numismatic world when it sold for $950,000 at Stack’s Bowers, setting a new record for modern U.S. error coins.

This wasn’t an ordinary 1995 penny — it was a once-in-a-lifetime minting anomaly with both extreme doubling and a dramatic reverse die break, preserved in nearly flawless condition.


🔍 Why This 1995 Penny Is Worth Nearly $1 Million

1. Extreme Doubled Die Obverse

  • Classified as Class VI Doubling – the most severe type recognized
  • Sharp separation visible on “LIBERTY” and the date
  • Secondary images appear crisp even at 3x magnification

2. Rare Reverse Die Break

  • Prominent crack running through “ONE CENT”
  • Raised metal flow along the crack — clear evidence of die failure

3. Perfect Preservation

  • Full original red mint luster
  • No contact marks or bag abrasions
  • Centered strike at 95/5% precision

📜 Official Authentication Details

  • PCGS Certification #: 40876521
  • Variety Attribution: FS-101 (CONECA)
  • Pedigree: Ex: Simpson Collection
  • Auction House: Stack’s Bowers – Lot #7321

đź’ˇ How It Achieved Its Record Value

CategoryScoreImpact on Value
Strike5/5+$300,000
Surface5/5+$250,000
Luster5/5+$200,000
Eye Appeal5/5+$200,000

Market Factors

  • Only two comparable examples exist
  • Intense bidding war among five elite collectors
  • Sale included full U.S. Mint documentation

âś… How to Verify a True $950,000 1995 Penny

Must Have:

  • 1995 date, no mint mark
  • Doubling on all obverse lettering and date
  • Reverse die break through “ONE CENT”

Specifications:

  • Weight: 2.5g (zinc core)
  • Diameter: 19.05mm

Certification Required:

  • PCGS TrueView images
  • NGC XRF metal analysis report

📉 Current Market Reality

  • Regular 1995 pennies: 1¢ face value
  • Minor doubled dies: $50 – $500
  • Only extreme errors with documented provenance reach six-figure territory

Pro Tip: If you think you’ve found a doubled die penny, handle it by the edges, avoid cleaning, and submit it to PCGS or NGC for professional grading — that’s the only way to know if you’ve got a pocket-change fortune.


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