1969-S 1C Doubled Die Obverse, FS-101, MS63 Red PCGS. CAC....

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1969-S Doubled Die Obverse Cent, MS63 Red
FS-101, Key to the Memorial Series
Lustrous Copper-Orange Example

1969-S 1C Doubled Die Obverse, FS-101, MS63 Red PCGS. CAC. The two varieties in the Lincoln cent series that immediately preceded the 1969-S Doubled Die cents were merely rehearsals, warmups for the main event. They include the famous 1955 Doubled Die Obverse cents, and the Small Date cents of 1960. The 1955 Doubled Die pieces were discovered within weeks of their release, many in the form of change in cigarette vending machine packs. Five years later, the 1960-P and -D Small Date cents set off (or fanned the flames of) the first mania in "modern" BU rolls when they were noticed. After Coin World published a story on the 1960 Small Dates, $50 bags of bank-wrapped BU 1960-P Small Date rolls soared to more than $12,000.

Today, the 1960 Small Date cents are not nearly as sought-after as they once were, although there are some interesting doubled die and tripled die Cherrypickers' proof varieties. The 1955 Doubled Die Lincoln cents are eternally popular, and finding true Red examples with original color and surfaces are a challenge.

However, all of those coins pale in comparison to the 1969-S Doubled Die Obverse cents. They are far, far rarer than their earlier counterparts, and with true Red color as here, they are even more remarkable rarities. For example, PCGS has seen 69 submissions of the 1955 Doubled Die in MS63 Red, with 195 pieces finer, while this 1969-S is tied with just two other pieces in MS63 Red. There are three Red submissions finer; two MS64 and one in MS66 (7/19).

This rarity features delicate copper-gold color with slight cloudiness over the upper obverse. On the reverse, a scattering of minor carbon spots culminates in two larger areas, below the right side of the steps and between the third and fourth columns in the Memorial. The strike is well-defined and the doubling obvious, especially on the base of the L in LIBERTY and nearby letters, where it is visible to the unaided eye. For the many collectors of Lincoln cents, this is an opportunity unlikely to repeat itself anytime soon.
Ex: Pittsburgh Signature (Heritage, 10/2011), lot 3235.
From The Poulos Family Collection.

Coin Index Numbers: (Variety PCGS# 37996, Base PCGS# 2923, Greysheet# 312826)

Weight: 3.11 grams

Metal: 95% Copper, 5% Zinc

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