The 1972 Doubled Die Lincoln Cent is a famous coin that impresses seasoned collectors and everyday lovers alike. It is known because of its striking error and rarity, this coin is honored within the numismatic community. In this article we will explore the 1972 Doubled Die Lincoln Cent, its history, design, rarity, and much more.
The Lincoln cent has been a staple since its introduction in 1909 in American currency. Over the years, it has become one of the most collected coins, with its unique qualities and errors that allure collectors. The 1972 Doubled Die Lincoln Cent is a significant and highly-demand combination. The error on this coin is so famous that it can always be recognized without magnification, making it a valued possession for collectors.
History of 1972 Doubled Die Lincoln Cent
The 1972 Doubled Die Lincoln Cent appeared from a unique set of circumstances at the United States Mint. In the late 1960s and early 1970s, the Mint adjusted the obverse design of the Lincoln Cent, which led to some challenges in the die-making process. Specifically, the process of transferring the design from the hub to the die was prone to errors, resulting in the design of double dies. These errors were generated by the misalignment of the die during the striking process, leading to a doubling of the design features on the coin.
The 1972 Doubled Die Lincoln Cent is the most famous error coin from that year, and it quickly earned attention when it was found by the public. The doubling is most prominent on the obverse side, where inscriptions like “LIBERTY,” “IN GOD WE TRUST,” and the date “1972” show exact duplication.
Specifications
- Composition: 95% copper, 5% zinc
- Weight: 3.11 grams
- Diameter: 19.00 mm
- Edge: Plain
- Mint Marks: Philadelphia (No Mint Mark)
Design
Obverse
The obverse of the 1972 Doubled Die Lincoln Cent has the iconic image of Abraham Lincoln. It is designed by Victor David Brenner. The most striking quality of this coin is the doubling of the inscriptions on the obverse side of the coin. The word “LIBERTY,” the motto “IN GOD WE TRUST,” and the date “1972” all are visible with notable doubling, making this coin immediately recognizable. This error occurred during the rubbing process, where the die acquired an extra impression, leading to the doubled elements.
Reverse
The reverse of the 1972 Lincoln Cent is consistent with other coins from this era, featuring the Lincoln Memorial, designed by Frank Gasparro. This side of the coin does not show any doubling, maintaining the standard design elements with the inscription “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM” above the Lincoln Memorial, and “ONE CENT” below.
Rarity and Condition
The 1972 Doubled Die Lincoln Cent is rare, mainly in higher grades. There are at least 10 known types of doubled dies from this year, but the Class I doubled die ( FS-101) is the most demanded by collectors. Most examples of this coin are found in circulated condition, with values varying depending on the coin’s condition.
In circulated condition, these coins can bring between $200 and $300. However, uncirculated examples, especially those with full red color (designated as RD by grading services), can be worth extremely more. Coins graded in the Mint State (MS) range can command prices from $500 to over $1,000, depending on their grade and eye appeal. The rarest and most valuable examples are those graded MS67RD or higher, with some attractive prices as high as $6,900 at auction.
Errors
The 1972 Doubled Die Lincoln Cent is a prime example of a doubled die error, where elements of the design are duplicated because of a misalignment during the die-making process. This error is most noticeable on the obverse side, with clear doubling visible on the date, “LIBERTY,” and “IN GOD WE TRUST.”
The value of this error has made the 1972 Doubled Die Lincoln Cent one of the most famous error coins in the Lincoln Cent series. However, this popularity has also shown the creation of counterfeit versions. Counterfeit detection is important when dealing with this coin, especially with the advancement of technology that allows counterfeiters to produce convincing fakes.
One such counterfeit was recently recognized by the Professional Coin Grading Service (PCGS), where a real 1972 Doubled Die Obverse coin was used to create a counterfeit die. The counterfeit coin was struck on a planchet from a 1983 Lincoln Cent, which is framed of a different metal and is considered less than an actual 1972 Lincoln Cent.
Value of 1972 Doubled Die Lincoln Cent
The value of the 1972 Doubled Die Lincoln Cent varies based on its condition and the specific doubling. As mentioned earlier, circulated examples generally range from $200 to $300, while uncirculated coins can be worth between $500 and $1,000 or more. The most pristine examples, graded MS67RD, have been known to sell for as much as $6,900 at auction.
Collectors must be familiar with the potential for counterfeits when buying this coin. Confirming the coin’s weight, composition, and specific die characteristics, such as a small die gouge above the letter “D” in “UNITED” on the reverse, can help in identifying a real 1972 Doubled Die Lincoln Cent.
Also Read – 1969 S Doubled Die Lincoln Cent: A Comprehensive Guide
Conclusion
The 1972 Doubled Die Lincoln Cent is more than just a coin it’s a coin of history and a testament to the difficulties of coin production. Its distinctive error, rarity, and value make it highly alluring to any collection. Whether you’re a seasoned collector or a newcomer to the hobby, the 1972 Doubled Die Lincoln Cent has a charming glimpse into the world of coin collecting. The unique errors can make a simple penny worth thousands of dollars.