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1955 1c Doubled Die Obverse MS RD

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1955 1c Doubled Die Obverse MS RD

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Greysheet Catalog Details (GSID: 2167)

The 1955 Cent is part of a series of Lincoln, Wheat reverse (Bronze) coins struck from 1909-1958. The specific variety is Doubled Die Obverse. Struck in Philadelphia and designated as a Business (MS) strike, this coin is made of 95% copper; 5% zinc & tin from a mintage of 330,958,200 struck.
The 1955 doubled die Lincoln cent is perhaps the most well-known variety error in all of numismatics. This is partly due to its minting and discovery happening most serendipitously during a period when coin collecting was enjoying a boom in popularity during the post-war years of the 1950s. Many examples turned up in 23-cent packs of cigarettes containing two one-cent coins as change via vending machines that accepted only quarters. These coins were found mainly in New England, though they popped up elsewhere as well. Numismatic legend has it that mint employees were aware that several thousand 1955 doubled die cents had been made by accident but opted to let them go instead of recalling and destroying a batch of Lincoln cents numbering into the tens of thousands. Doubling is easily seen with the naked eye in the date, inscription LIBERTY and motto IN GOD WE TRUST.

It is believed that more than 20,000 doubled die Lincoln cents were made in 1955, though perhaps just 10,000 to 15,000 survive. Most are found in circulated grades, though a significant number of these coins are known in uncirculated grades of all color designations. All examples are scarce, with even well-worn pieces generally commanding four figures. Be wary of so-called Poor Man's Doubled Dies, which are pieces exhibiting merely minor mechanical doubling; many times the pieces with mechanical doubling are hawked online as major errors and are marked with high prices, when they are really quite common and should take little to no premium over regular, non-variety 1955 Philadelphia pennies.
Obverse: Bust of Abraham Lincoln framed by IN GOD WE TRUST on the top periphery. The word LIBERTY to the left of the portrait and the date and mintmark (If any) positioned on the right side.
Reverse: Wheat ears flanking the words ONE CENT, UNITED STATES OF AMERICA. The motto E PLURIBUS UNUM on the top perimeter.

Catalog Details    Dealers Only

Catalog Detail

GSID: 2167
Coin Date: 1955
Denomination: 1c / Cent
Designation: MS
Mint Mark: P
Mint Location: Philadelphia
Mintage: 330,958,200
Coinage Type: Lincoln, Wheat reverse (Bronze)
Coinage Years: 1909-1958
Composition: 95% copper; 5% zinc & tin
Variety: Doubled Die Obverse
Strike Type: Business
Diameter: 19 mm
Weight: 3.11 gr
Coin Shape: Round
Designer: Victor D. Brenner
Obverse Lettering: IN GOD WE TRUST, LIBERTY, 1955
Obverse Designer: Victor D. Brenner
Reverse Lettering: E PLURIBUS UNUM, ONE CENT, UNITED STATES OF AMERICA
Reverse Designer: Victor D. Brenner
PCGS #: 2827
NGC ID: 253E
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