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Doubled die coins are mainly created by a defective hub which is used to create many dies for the minting process. Collectors classify doubled dies as DDO (doubled die obverse coins), DDR (doubled die reverse) and OMM (over mint mark).
Like other coins, the value of errors is based in part on rarity and condition. In general, lower denomination errors are less expensive than higher denomination errors simply because more such coins are minted resulting in available errors. Due to improvements in production and inspection, modern errors are more rare and this impacts value. [3]
2009 No Mint Mark Formative Years: $375 2009 No Mint Mark Professional Life : $300 The Lincoln penny evolved again a year later, in 2010, when the reverse of the coin switched to the depiction of ...
Matron Head large cent, 1816–1839 (Copper except as noted) Year Mint Mintage Comments 1816 (P) 2,820,982 1817 (P) 3,948,400 (P) 5 Proof 1818
Die deterioration doubling is a result of a few simple causes, but it can be difficult to positively identify. There are a number of different features which appear similar, but the characteristic traits of each are easy to identify with practice.
The penny, also known as the cent, is a coin in the United States representing one-hundredth of a dollar.It has been the lowest face-value physical unit of U.S. currency since the abolition of the half-cent in 1857 (the abstract mill, which has never been minted, equal to a tenth of a cent, continues to see limited use in the fields of taxation and finance).
If the mintage is lower in a particular year, this will only help increase the value. Examples of low mintage years include, but are not limited to, 1931, 1933, 1939 and 1955.
A "1955 doubled die Denver mint penny" is a plot device in the American movie UHF; when R. J. Fletcher cruelly gives a penny to a beggar, the beggar realizes its value and uses the money earned from trading it in to save a local TV station that Fletcher was hoping to buy out. Although the Denver mint did produce some doubled die pennies in 1955 ...