Coin Details

Origin/Country: UNITED STATES
Item Description: 1C 1995 DOUBLED DIE OBV
Full Grade: NGC MS 68 RD
Owner: Cellgazer

Set Details

Custom Sets: This coin is not in any custom sets.
Competitive Sets: Latest and Greatest, 2nd Ed.   Score: 502
Third time's a charm   Score: 502
Round 4   Score: 502
Research: NGC Coin Explorer NGC Coin Price Guide

Owner Comments:

In late February 1995, Felix Dausilio of Bridgeport, Connecticut, a 47-year-old school custodian who had been collecting coins for only three years, made a very important discovery. Examining coins from just two rolls of Lincoln cents, he spotted an example with doubled lettering. Although he had not been collecting for very long, he knew exactly what he had found: the first 1995 Doubled-Die Obverse Lincoln cent. The first weekend in March 1995, the coin was displayed at a major coin convention in Atlanta, Georgia, and word spread throughout the numismatic press. Because the coin’s discovery came 40 years after the most visually dramatic Lincoln cent doubled die, the 1955 variety, numerous comparisons were made, further helping to cement the status of the coin among collectors. And then, the national media caught wind of the story, and a number of articles appeared throughout local and national newspapers, including, famously, a front page mention in USA Today. The Associated Press ran a wire story and Dausilio appeared on a Hartford, Connecticut, television station. The nation was captivated by a Lincoln cent that could be found in pocket change and carried a collector value of more than a hundred dollars. The coin was created, like all doubled dies, when the hub used to create its die rotated between impressions. All examples struck from this obverse die show identical doubling on the design elements. The 1995 Doubled-Die Obverse Lincoln cent shows a clearly doubled and nicely separated impression of the word LIBERTY and slightly less prominent doubling on the motto, IN GOD WE TRUST. From all accounts, it seems likely that a full production run of cents was struck from this die, with typical die life exceeding 600,000 coins. In 1995, the media attention created a frenzy, and collectors began furiously searching for 1995 Doubled-Die Obverse Lincoln cent coins. Surprisingly, they were found in significant numbers. Dealers and collectors probably rounded up more than 50,000 of them from original rolls. In a sense, it is fortunate that so many examples of these cents have been preserved, making it a popular and findable variety. Sometimes, exciting discoveries prove too elusive to become collectible. In this instance, high-grade pieces, even MS-68 Red examples, can readily be found, allowing this major variety to become a requirement for a complete set. Virtually all serious collectors of Lincoln Memorial cents will include a 1995 Doubled-Die Obverse in their collection, assuring its long-term desirability. This coin also continues to garner publicity as one of the most interesting coins that can be found in circulating coinage, although with one billion cents produced each year, the statistical likelihood of finding one in your pocket change is still remote. Having interesting varieties in circulation is one of the essential recruitment tools of numismatics, and this coin helps to meet that need. While there are certainly more valuable error coins in circulation, this coin got large amounts of publicity and remain well regarded.

Garrett, Jeff; Schechter, Scott. 100 Greatest US Modern Coins (Kindle Locations 2621-2627). Ingram Distribution. Kindle Edition.

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