The 2001 double die penny is a highly sought-after coin. It was struck in large quantities, but some have errors. While most of these errors are post-mint damage, they can still be worth thousands of dollars. Here are a few tips to help you find one that’s worth grabbing. You can expect it to sell for anywhere from $1,000 to $24,150 at auction. Listed below are some of the most desirable examples:
Look for these features: The most popular features are the lettering and the eye of Lincoln, as well as the Lincoln Memorial. Double dies are rare but not worth hundreds of thousands of dollars. In most cases, these 2001 pennies have minor doublings in the coin lettering and Lincoln’s bowtie. Occasionally, the doubling can be seen in the Lincoln Memorial, but these are not worth as much as the rarer varieties.
The deterioration process of the die is a gradual one that intensifies as it approaches its end. Because the die is made of tool steel, it’s subject to a great deal of wear and tear every time it hits a new metal. The temperatures of the dies increase with the new planchet. Thousands of millions of 2001 cents are struck each year. To avoid this problem, you can invest in a proof or uncirculated set.
The doubling effect on a coin can be observed by collectors and numismatists. Some coins have a more noticeable doubling effect, requiring the use of a microscope or loupe to detect. Double die coins command premium prices in the marketplace. An example of an obvious doubling effect on a coin is the 1916 Indian head doubled die obverse. However, not all coins will have this effect.
Despite the error on the 2001 double die penny, this coin is still worth collecting. This penny is widely available in mint sets and rolls. It can be found in circulation up to MS65 and MS66-67 grades. You can also buy mint sets, bags and rolls of 2001 double die pennies. MS69-69 are the most sought-after specimens. But it’s not impossible to find a 2001 double die penny that has an MS68-70 grade.
A true doubled die coin should have a mint mark similar to that of a 1965. Its doubled image was a result of die deterioration, which means that the die is distorted. This distortion causes the design to double on a penny. If you’re lucky enough to find one, you’ll have a lot of luck with your collection. Just make sure you buy it from a reputable dealer. If possible, get it certified by a third party grading service.
The reverse of the 2001 Lincoln memorial penny is worth $0.33 in uncirculated and MS+ condition. Its obverse doubles the word “Liberty,” and the resultant design is extremely rare. If you’re lucky enough to find a 2001 double die pennant, you’ll be able to get it for a lot more than the face value. There are two other types of 2001 pennies: the Lincoln Memorial penny and the double die obverse. While they are both rare, they are both valuable and collectible.
In the rare event that you do find a 2001-D double die penny, be sure to invest your money wisely. While these coins are not worth much in uncirculated condition, they can be valuable if you find a nice one. A nice uncirculated 2001-D penny can sell for between $10 and $30 if it’s in PR65 condition. But you should be careful with a double die penny, because mistakes are inevitable in the process.
Coins that bear a “D” mint mark are considered valuable. Mints don’t intentionally strike coins twice, but it’s still worth examining. A good example of a double die 2001 penny is a coin graded MS69RD by the Professional Coin Grading Service. The “S” mint mark means that it was struck at the San Francisco Mint. It’s also valuable as a proof set.