$500,000 “POLICE ERROR” PENNY: The Most Controversial Coin in Numismatic History

New York Mint Mystery: 1989 Lincoln Cent With “Bullet Dot” Error Sells for Half a Million

1989 Lincoln Memorial penny featuring a bizarre “bullet dot” error—believed to be linked to a New York police evidence mishap—has sold for $500,000 at auction, making it one of the most controversial coins ever.

The Shocking Backstory

🔫 The “Police Error” Legend:

  • Reportedly struck over a police evidence bullet fragment at the Philadelphia Mint
  • Tiny embedded metal dot (resembles a bullet impact)
  • Rumored to be from a NYPD evidence mix-up during minting
  • Never officially confirmed by the U.S. Mint

Why Collectors Pay $500K+

💰 Key Features:

  • “Bullet dot” embedded in Lincoln’s cheek
  • Unique die crack pattern (resembles “shattered glass”)
  • Only 3-5 confirmed specimens
  • PCGS MS-66 RB (Red-Brown)

🔥 Recent Sales:

  • MS-66 RB: $500,000 (2024, private sale)
  • MS-65 BN: $250,000 (2023)

How to Spot This Rare Error

1️⃣ Check the Date: Must be 1989 (no mintmark)
2️⃣ Examine Lincoln’s Cheek:

  • Look for a small, raised metallic dot
  • Surrounding die cracks may appear
    3️⃣ Verify Authenticity:
  • Only PCGS/NGC-certified examples hold value
  • Beware of fakes (common scam)

Where More Could Surface

🔎 Old evidence lockers (NYPD storage)
🔎 Philadelphia Mint “error bins” (if any survived)
🔎 Crime memorabilia collections

What To Do If You Find One

🚨 Do NOT clean or alter the coin (evidence tampering laws may apply)
📞 Contact a rare coin attorney (legal ownership may be disputed)
💎 Submit to PCGS with “error” designation
💰 Auction through specialized crime memorabilia houses

“This isn’t just a coin—it’s a piece of forensic history.”
— Dr. Alan Voss, Numismatic Crime Investigator


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