Rare Lincoln double die obverse penny sells for $2,000 – do you have it in your spare change?

A RARE Lincoln double die obverse penny sold for $2,000 last month.

If you have one in your spare change, you could also benefit from selling the rare coin.

This Lincoln double die obverse wheat penny was minted in Philadelphia in 1955.

Pennies have featured President Lincoln since 1909.

The circulated coin was sold on eBay on December 19, 2021 for $2,000, racking up an impressive 44 bids.

The 1955 penny was designed by Victor David Brenner, who was responsible for many early penny designs.

According to PCGS, the composition of this coin is 95% copper, and 5% tin and zinc.

More than 33million of these coins were minted.

The seller, DavidKahnRareCoins, has been selling rare coins for over 20 years, according to the listing.

They also have a 100% positive feedback rating when it comes to their sales and service.

What are Lincoln double die obverse pennies?

Coins that are not properly manufactured lead to errors.

In this case, a double die obverse has the appearance of two images on a single coin die.

This could be a duplicate of letters, words, or numbers.

A coin's worth generally increases if the error is more obvious or distinct.

Many Lincoln cents have the double die obverse error.

However, it is not uncommon for other coins to have a similar appearance error.

Tips for finding, selling, and buying rare coins

For starters, search your home and any coin collections you may have, as you may already have coins in your home worth selling.

You could also use a metal detector to scour areas for hidden or fallen treasure, or even pay a visit to your local bank to exchange dollars for rolls of wrapped coins.

If you have a coin worth selling, make sure you do your research first to gauge its worth. The same goes for buying rare coins.

You can always look to the USA Coin Book or eBay for deals and guidance.

It's also important to be aware of fake coins and counterfeits.

Always check a seller's history and whether or not the coin was certified if you're buying. And if you're selling, it could be worthwhile to get your coin certified.

We explain where you can find valuable and rare coins.

We also explain the VDB Lincoln penny and what makes it so valuable.