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1969-S 1C Doubled Die MS61 Brown PCGS. The 1969-S Doubled Die has an interesting and checkered history. Two coin dealers co...

Lot: 5638, Auction: 2005 St. Louis, MO (CSNS) Signature Auction #372

Sold for: $39,100.00 (includes BP )
Bid Source: Live: eBay
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Ended: May 3, 2005
Item Activity: 12 Internet/mail bidders
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Description:

Extremely Rare 1969-S Doubled Die Cent, MS61 Brown PCGS

1969-S 1C Doubled Die MS61 Brown PCGS. The 1969-S Doubled Die has an interesting and checkered history. Two coin dealers counterfeited Doubled Die 1969-P cents and were arrested. After their arrest and during the ensuing trial, Doubled Die 1969-S cents came to light and were publicized in the numismatic press. The government could not afford to confuse their case against the two dealers with a legitimate Doubled Die, so they seized five S-mint coins from collectors, called them counterfeits, and destroyed them in 1980. After the case was over regarding the counterfeit P-mints, the government never went after any more legitimate S-mints from 1969.
Very few Doubled Die 1969-S cents are believed known. David Lange (1996) estimates that possibly only 100 pieces were minted, with no more than 15-20 examples believed extant today. The doubling is dramatic, although not quite as pronounced as the 1972/72. One can see widely spaced doubling on the letters in LIBERTY and IN GOD WE TRUST, as well as the digits in the date. Calling this coin Brown seems a bit harsh since there is a significant amount of original mint red still around the devices on each side. The MS61 grade is derived from several field marks on both obverse and reverse and a couple of marks on the highpoints of Lincoln's cheek. Glossy overall. The 1969-S Doubled Die is one of the rarest if not the rarest issue in the Lincoln cent series. Population: 1 in 61, 2 finer (3/05).(#2921) (Registry values: P1) (#2921)

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
60 --- --- --- --- --- $47,500
61 --- --- --- --- --- $50,000
62 --- --- --- --- --- $53,000
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades Mintage Engraver
PCGS 61 0* 4* 20 15 Victor D. Brenner
NGC 61 0 0 0
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auction Galleries.

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Lincoln Cents, 1969-S 1C Doubled Die MS61 Brown PCGS. The 1969-S Doubled Die has an interesting and checkered history. Two coin dealers co...


Lincoln Cents, 1969-S 1C Doubled Die MS61 Brown PCGS. The 1969-S Doubled Die has an interesting and checkered history. Two coin dealers co...


Lincoln Cents, 1969-S 1C Doubled Die MS61 Brown PCGS. The 1969-S Doubled Die has an interesting and checkered history. Two coin dealers co...


Lincoln Cents, 1969-S 1C Doubled Die MS61 Brown PCGS. The 1969-S Doubled Die has an interesting and checkered history. Two coin dealers co...

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