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1955 Doubled Die Penny- How to Identify This Rare Coin Treasure!

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1955 Doubled Die Penny- How to Identify This Rare Coin Treasure!

The 1955 Doubled Die Lincoln Cent is among the most coveted coins in numismatics, celebrated for its distinctive doubling error that enhances its allure and value.

This guide delves into the origins, identification methods, and significance of this rare coin.

Understanding the Doubled Die Error

A doubled die occurs when a coin die receives an additional, misaligned impression from the hub during the minting process.

This misalignment results in a coin displaying a doubled image of the design elements. The 1955 Doubled Die Lincoln Cent is a prime example of this phenomenon.

Historical Background

In 1955, a misalignment during the die-hubbing process at the Philadelphia Mint led to the creation of the Doubled Die Obverse Lincoln Cent.

Approximately 20,000 to 24,000 of these coins were released into circulation, making them a rare find today.

Identifying the 1955 Doubled Die Penny

Recognizing a genuine 1955 Doubled Die Lincoln Cent requires careful examination of specific features:

  • Date and Inscriptions: The most prominent doubling is on the date “1955” and the inscriptions “LIBERTY” and “IN GOD WE TRUST.” The doubling is noticeable without magnification, appearing as a shadow or a second image adjacent to the primary design.
  • Obverse Design: While the doubling is most evident on the date and inscriptions, subtle doubling may also be present on Lincoln’s portrait, particularly around the eye and eyebrow.
  • Reverse Design: The reverse of the coin remains unaffected by the doubling error.

Authentication Tips

Due to the coin’s popularity, counterfeit versions exist. To authenticate a 1955 Doubled Die Lincoln Cent:

  • Examine the Doubling: Genuine doubled die coins exhibit clear, crisp doubling, especially on the date and inscriptions. In contrast, die deterioration doubling presents as a blurred or indistinct doubling.
  • Check for Die Markers: Authentic coins often have specific die markers, such as two parallel vertical die scratches on the reverse near the “E” in “CENT.”
  • Consult Experts: Seek verification from reputable numismatic organizations or certified coin dealers.

Value and Rarity

The 1955 Doubled Die Lincoln Cent’s value varies based on its condition:

  • Average Circulated Coins: These can range from $1,000 to $2,000.
  • Uncirculated Coins: In pristine condition, they can command prices exceeding $100,000.

The coin’s rarity and the high demand among collectors contribute to its substantial value.

Preservation and Care

Proper handling and storage are crucial to maintain the coin’s condition:

  • Use Soft Gloves: Handle the coin with soft cotton gloves to prevent oils and dirt from transferring.
  • Store in Protective Cases: Utilize acid-free holders or capsules to shield the coin from environmental damage.
  • Avoid Cleaning: Cleaning can diminish the coin’s value; it’s best to leave it in its natural state.

The 1955 Doubled Die Lincoln Cent stands as a testament to the intricacies of coin minting and the serendipitous errors that can lead to valuable collectibles.

For enthusiasts and collectors, understanding its history, identification, and preservation is essential to appreciating and safeguarding this numismatic treasure.

FAQs

What causes the doubling on the 1955 Doubled Die Lincoln Cent?

The doubling results from a misalignment during the die-hubbing process at the mint, causing the design to be impressed multiple times in slightly different positions.

How can I distinguish a genuine 1955 Doubled Die Lincoln Cent from a counterfeit?

Authentic coins exhibit clear, crisp doubling on the date and inscriptions. Counterfeits may lack this distinct doubling or have blurred features.

Are there other doubled die coins from the same era?

Yes, other doubled die coins from the 1950s exist, but the 1955 Lincoln Cent is the most famous and valuable.

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