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Description

1969-S Cent, MS64 Red
Doubled Die Obverse
Guide Book Variety
Sought-After Rarity in All Grades

1969-S 1C Doubled Die Obverse, FS-101, MS64 Red PCGS. The 1969-S Doubled Die Obverse has been declared by numerous writers as the "king" of the Lincoln cent varieties. In A Guide Book of Lincoln Cents, Bowers writes, "Discovery of this variety made front-page news in Coin World, July 8, 1970. The Secret Service went on a witch hunt for these, believing they were counterfeit in the style of fake Philadelphia Mint doubled dies. By the time these were acknowledged as legitimate, five genuine coins had been destroyed."

The die doubling is not quite as dramatic as it is on the 1955 Doubled Die cent, but the 1969-S variety is significantly rarer. An old population estimate -- one still beheld by PCGS, in fact -- suggests that as few as 30 of these coins may survive. However, even if half of the coins supposedly certified by PCGS and NGC are written off as duplicate submissions, there would still be 45 to 50 pieces known. Whatever the true survival rate, the 1969-S Doubled Die cent is undeniably rare in all grades, and full Red examples are without objection the most difficult to acquire. PCGS and NGC combined list only a dozen Red grading events. We have previously handled a full Red example on 11 occasions, but those offerings presented only four different individual coins.

This near-Gem Red example is within the Condition Census of known examples. A sharp strike complements satiny copper-orange luster, while a few flecks and minor marks serve as pedigree markers. Eye appeal is excellent. Population: 4 in 64 (1 in 64+) Red, 1 finer (3/22).

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

Metal: 95% Copper, 5% Zinc
Weight: 3.11 grams
Weight: 0.10oz
Mintage: 15


View Certification Details from PCGS

Auction Info

Auction Dates
May, 2022
4th-8th Wednesday-Sunday
Bids + Registered Phone Bidders: 55
Lot Tracking Activity: N/A
Page Views: 3,512

Buyer's Premium per Lot:
20% of the successful bid per lot.

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