
$122,500 Lincoln Penny Error
๐ช Think a Penny Is Only Worth One Cent? Think Again.
Most people overlook Lincoln pennies from the 1980s and 1990s. However, recent numismatic discoveries prove that certain error coins from 1982โ1998 are worth tens of thousands of dollars โ and in rare cases, over $122,500.
A detailed breakdown shared by NUMISMATICS HUB highlights how small minting mistakes turned ordinary pennies into major collector treasures. Letโs review the most valuable examples and show you exactly what to look for ๐
๐ Rare Lincoln Pennies From 1982โ1998 Worth Serious Money

๐ช 1๏ธโฃ 1984 Doubled Ear Lincoln Penny โ Worth $45,000 to $110,000
One of the most famous modern error coins, the 1984 Doubled Ear penny, displays a clear second ear beneath Lincolnโs main ear ๐.
๐ How to Identify It:
- โ Visible doubling on Lincolnโs ear
- โ Raised, rounded doubling (not flat)
- โ Strong strike and sharp details
- โ No damage or tooling marks
๐ก This error was created during die production, making it a true doubled die.
๐ฐ Market Value:
- High-grade examples have sold between $45,000 and $110,000
- Lower grades still command five-figure prices
๐ช 2๏ธโฃ 1998-D โWide AMโ Lincoln Penny โ Worth $21,000 to $90,000
This rare variety comes from the Denver Mint, but the secret is on the reverse (back).
๐ What Makes It Special:
- Look at โAMERICAโ
- The A and M are spaced wider apart than normal
- Coin was struck using a proof-style reverse die
- Features a โDโ mint mark
๐ฐ Market Value:
- Circulated examples: $21,000+
- Mint State coins: Up to $90,000
๐ Many people miss this because they never check the reverse.
๐ช 3๏ธโฃ 1987-D Error Pennies โ Worth Up to $122,500
The Denver Mint produced several extreme error pennies in 1987, some of which are among the most valuable modern Lincoln cents ever sold.
โก Known Errors Include:
- Double Die Obverse
๐ธ Doubling on letters and Lincolnโs features
๐ธ One example sold for over $64,000 - Wrong Planchet Error
๐ธ Penny struck on a dime planchet
๐ธ One confirmed sale reached $122,500
๐ก These errors are exceptionally rare but fully authenticated examples exist.
๐งญ Step-by-Step: How to Check Your Pennies Like a Collector
๐ Step 1: Use Magnification
Check:
- Date
- LIBERTY
- Lincolnโs ear
- Letter spacing on the reverse
๐๏ธ Step 2: Check the Mint Mark
Located below the date:
- โDโ = Denver
- Missing or unusual mint marks can matter
โ๏ธ Step 3: Weigh the Coin
Wrong planchet errors often weigh incorrectly.
๐ซ Step 4: Never Clean the Coin
Cleaning can destroy up to 90% of value instantly.
๐ฆ Step 5: Authenticate Before Selling
Always submit valuable finds to:
- PCGS
- NGC
Certified coins bring the highest prices.
๐ Why These Pennies Are So Valuable
โ๏ธ Genuine minting errors
โ๏ธ Limited number known
โ๏ธ Strong collector demand
โ๏ธ Easily identifiable with the right knowledge
Even modern pennies can become five- and six-figure coins when the right mistake occurs.
๐ฌ Final Thoughts: Always Look Twice at Your Change
The biggest mistake collectors make is assuming modern pennies are worthless.
If you ever spot:
- A 1984 doubled ear
- A 1998-D Wide AM
- A 1987-D error
You could be holding a small copper coin worth up to $122,500 ๐ฐ๐ช
Before you spend that pennyโฆ take a closer look.
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