
The Million-Dollar Mistake
So what makes this penny so valuable? Experts point to a dramatic mint error combined with pristine preservation:
“LIBERTY” Error — doubling, faint letters, or partial loss in the inscription
Denver Mint “D” Mark — only 3 known verified coins exist
Top Grade — PCGS-certified MS-69 Red, nearly flawless
Experimental Strike Theory — mint records suggest these may have been test strikes
Record-Breaking Auction Sales
Year | Grade | Price Realized |
---|---|---|
2024 | MS-69 RD | $3,000,000 |
2023 | MS-68 RD | $1,200,000 |
2022 | MS-67 RD | $450,000 |
How to Spot This Rare 1985-D Penny
Think you’ve got one? Here’s what to check:
Year → Must read 1985
Mint Mark → “D” (Denver) under the year
LIBERTY Error → Doubling, shadow-like letters, or partial loss
Condition → Bright red luster, mirror-like surfaces, no visible wear
Value by Grade
Grade | Estimated Value |
---|---|
MS-69 RD | $2.5M – $3.5M |
MS-68 RD | $1M – $1.5M |
MS-67 RD | $400K – $600K |
AU-58 | $50K – $100K |
Where These Coins Might Be Hiding
Unsearched bank rolls (Denver issues)
Inherited collections from the 1980s
Estate sales in western U.S. states
Original mint sets with overlooked errors
Found One? Here’s What To Do
Handle only with cotton gloves
Take high-resolution macro photos of both sides
Store in a protective holder immediately
Submit to PCGS VIP Grading Tier for authentication
Contact Heritage Auctions or another premier auction house