Before you spend it, here’s how to spot this hidden treasure in your change.
Why This Penny Is So Valuable
This unique coin is highly prized by collectors because it combines rarity, mystery, and a striking error. Key features include:
Double “LIBERTY” inscription – a dramatic minting mistake
“Tc” marking – possibly a rare die variety
Uncirculated grade (MS-65+) – pristine condition
Extreme scarcity – only 3–5 known examples
Mysterious origin – fueling collector intrigue
How to Identify This Rare Error Penny
1. Check the Obverse (Front)
- Look for two overlapping “LIBERTY” stamps
- Spot the “Tc” marking near the date
- Inspect Lincoln’s portrait — details should be sharp and crisp
2. Inspect the Reverse (Back)
- Could show Wheat Ears or the Lincoln Memorial
- Search for extra anomalies or misalignments
3. Test the Weight & Composition
- 3.11 g = Copper (pre-1982 standard)
- 2.5 g = Zinc (post-1982 standard)
- Non-magnetic unless it’s a steel wartime issue
Recent Auction Prices
- $51,750 – Double Liberty MS-65 (2023)
- $38,000 – “Tc” Variety MS-64 (2022)
- $22,500 – Similar Error AU-58 (2021)
Even circulated examples with strong doubling can bring in thousands!
Where Rare Pennies Are Found
Coin roll hunting (bank boxes)
Inherited collections
Random change from bank tellers (super rare, but possible)
What To Do If You Find One
Don’t spend it
Take macro photos of both sides
Compare to PCGS error references
Submit for professional grading (PCGS or NGC)
Critical Warnings
Coins that have been altered or “enhanced” are worthless
Counterfeits are common — always authenticate first
Never clean a coin — this can erase up to 90% of its value
Final Thoughts
The $51,750 rare penny is proof that valuable treasures can still be hiding in pocket change. With sharp eyes and the right knowledge, you could be the next collector to turn an ordinary coin into a life-changing discovery.
So check your pennies before you spend them — the next jackpot coin could be sitting in your pocket right now!