1955 1C DBLD DIE, RD

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Sold on Feb 22, 2001 for:

$25,875.00 Bid Source: Internet bidder

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Perennially Popular 1955/55 Doubled Die Cent, A Fully Lustrous Gem

1955/55 1C Doubled Die MS 65 Red PCGS. This doubled die error resulted when Mint employees improperly aligned a working die with a working hub between impressions. The working die was then inserted into a cent press, and 20,000-24,000 coins were produced before the staff at the Philadelphia Mint recognized the error. The first examples of the now-famous 1955/55 Doubled Die cent surfaced in Massachusetts in the year of issue. It was not until the early 1960s, however, that the popularity of this error confirmed its place of honor in the Lincoln cent series. The five years that had elapsed since their release did not prevent the public from preserving many attractive XF and AU 1955/55 Doubled Die cents. On the other hand, collectors soon realized that pristine Mint State representatives were few in number, and the growth of the numismatic hobby over the past four decades has only made Gem quality Doubled Die cents even more rare when compared to the burgeoning number of Lincoln cent specialists.
This is the first MS 65 Red example of this error that we have handled in more than a year. The luster is a radiant orange-red color, and cartwheel effects are noted on both sides. With no singularly distracting bagmarks or carbon spots, this boldly detailed coin belongs in the finest Lincoln cent collection. Population: 18 in 65, 0 finer (12/00).
From the Patrick J. Mullen Collection.

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

Metal: 95% Copper, 5% Tin and Zinc
Weight: 3.11 grams
Weight: 0.10oz
Mintage: 5,000

View all of [The Patrick J. Mullen Collection of Overdates and Doubled Die Coins ]

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