The 1917 Doubled Die Lincoln Wheat Penny is one of the most sought-after coins by collectors. Its rarity, historical significance, and unique doubling error make it a treasure for enthusiasts.
This penny has an extraordinary value due to its limited availability and distinctive characteristics. Let’s explore the details of this coin and why it commands such a high price in the numismatic world.
1917 Doubled Die Lincoln Wheat Penny
The 1917 Doubled Die Lincoln Wheat Penny features a remarkable error known as “doubling.” This error is most evident on the obverse of the coin, particularly on the inscriptions “In God We Trust” and the date “1917.”
The doubling occurred during the minting process when the die was imprinted incorrectly. This rare mistake adds significant appeal to the coin, making it highly desirable among collectors.
Characteristics of 1917 Doubled Die Lincoln Wheat Penny
This penny is part of the iconic Lincoln Wheat Penny series, minted from 1909 to 1958. It features the profile of Abraham Lincoln on the obverse and two wheat stalks on the reverse.
The 1917 Doubled Die variety stands out due to its visible doubling, which is a key factor in its value. Coins in mint condition or those with minimal wear are especially valuable.
Historical Significance of 1917 Doubled Die Lincoln Wheat Penny
The 1917 Doubled Die Lincoln Wheat Penny reflects an era when minting processes were less precise, resulting in occasional errors.
This specific coin holds historical value, representing early 20th-century craftsmanship and a glimpse into America’s evolving coinage practices. Its rarity and unique features make it a tangible piece of history.
| Feature | Detail | Importance | Value Impact |
|---|---|---|---|
| Year Minted | 1917 | Part of early Lincoln series | Essential to collectors |
| Error Type | Doubled Die | Unique to this variety | Drives collector demand |
| Doubling Location | Obverse (“In God We Trust”) | Clear and visible error | Key identifier |
| Mint Location | Philadelphia | No mint mark | Adds historical relevance |
| Condition | Varies (Good to Mint State) | Affects rarity and value | Higher grades fetch premiums |
| Estimated Value | Up to $25,000 | Depends on condition | Attracts high-end collectors |
| Auction Records | Exceeding $20,000 | Rare sales occur | Indicates high demand |
The 1917 Doubled Die Lincoln Wheat Penny is more than a coin; it is a collector’s dream due to its error, rarity, and the story it tells about the minting process. Coins in pristine condition are exceptionally valuable, fetching top dollar in auctions and private sales.
What makes the 1917 Doubled Die Lincoln Wheat Penny so valuable?
The coin’s value stems from its rarity and the unique doubling error, which is clearly visible on the obverse. Its limited availability and historical significance further enhance its worth.
How can I identify a 1917 Doubled Die Lincoln Wheat Penny?
Look for doubling on the inscriptions “In God We Trust” and the date “1917.” This doubling is prominent and distinguishes this penny from regular 1917 Lincoln Wheat Pennies.
What is the value of the 1917 Doubled Die Lincoln Wheat Penny in circulated condition?
In circulated condition, this coin can still be worth several hundred to a few thousand dollars, depending on its wear and preservation.
