1955 1C Doubled Die Obverse MS64 Red PCGS....

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1955 Doubled Die Cent, MS64 Red
Rarely Seen With Full Red Surfaces

1955 1C Doubled Die Obverse MS64 Red PCGS. FS-021.8. While this perennial collectors' favorite may be found in Mint State grades up to Gem condition for a price, the great majority of pieces encountered in the marketplace are either XF or AU, often cleaned and recolored. When certified, they are usually either Brown or Red and Brown. Mint State Red certified pieces are indeed few and far between. This is due to the rather unusual method by which they were introduced into commerce. This issue was first found in Massachusetts in late 1955. A greater number appeared around Boston in vending machines, where change for a quarter was already included in the form of two cents in the cellophane wrap for a pack of cigarettes. Even after the coins were discovered, it was several years before collectors decided that the issue--the first widespread and spectacular error coin variety of the Lincoln cent series--would be a valuable and desirable one. Many pieces were undoubtedly mishandled and/or circulated during those intervening years.
This is an especially impressive and desirable Doubled Die cent. The mint luster is unfaded from the original bright orange-red color when the coin was new. The MS64 grade is accounted for by the presence of several tiny and one larger carbon specks on the obverse. An important full Red example of this popular Lincoln cent rarity. PCGS has certified only 18 Red pieces finer (6/08).
From the Estate of Francis A. Sullivan, Jr., Part Three.(Registry values: N2998)

Coin Index Numbers: (PCGS# 2827, Greysheet# 2167)

Weight: 3.11 grams

Metal: 95% Copper, 5% Tin and Zinc

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