$1,700+ Penny Discovery: The Rare 2001 “Wrong Planchet” Error

Penny Discovery

By PennyVerse.info

A seemingly ordinary 2001 penny just sold for $1,749 because of one incredible mint error – it was struck on a dime planchet! At PennyVerse.info, we’ll show you exactly how to identify this rare “wrong planchet” error that turns a common penny into a collector’s treasure.

Why This 2001 Penny is Worth $1,700+

The Rare Error Explained

✅ Wrong Planchet: Struck on a dime blank (silver-colored)
✅ Visible Design: Shows outline of Roosevelt’s profile from dime
✅ Weight Difference: 2.27g (dime weight) vs 2.5g (normal penny)
✅ Color Contrast: Silver appearance stands out in circulation

Record Sales

  • $1,749 (Recent eBay sale, AU condition)
  • $2,300 (PCGS-graded example, 2022)
  • $1,200 (Raw circulated example, 2021)

How to Spot This Valuable Error

Step 1: The 4 Key Identification Features

  1. Color Test
    • Silver-gray color (not copper)
    • No copper plating visible on edges
  2. Weight Verification
    • Should weigh 2.27g (dime weight)
    • Normal penny weighs 2.5g
  3. Edge Inspection
    • Reeded edges (like a dime)
    • Not smooth like normal pennies
  4. Design Ghosting
    • Faint outline of Roosevelt dime design
    • Most visible at 45° angle under light
Illustration showing wrong planchet error features

Step 2: Date & Mint Mark Verification

  • Can occur with any 2001 penny:
    • 2001-P (Philadelphia)
    • 2001-D (Denver)
  • All versions are extremely rare

Where These Errors Are Found

  1. Coin Roll Hunting (bank-wrapped rolls)
  2. Pocket Change (silver color stands out)
  3. Coin Star Reject Bins (often misidentified)
  4. Estate Sales (in unsearched collections)

Grading & Value Chart

ConditionValue Range
Circulated800−800−1,500
AU-50 to AU-581,500−1,500−2,000
MS-60 to MS-632,000−2,000−3,500
MS-64+$4,000+

What To Do If You Find One

  1. Handle by edges only (cotton gloves ideal)
  2. Take high-res photos (obverse, reverse, edge)
  3. Weigh it precisely (confirm dime weight)
  4. Submit to PCGS/NGC for authentication
  5. List on Heritage Auctions or eBay

Beware of Fakes

❌ Plated Pennies (wrong weight, no reeded edges)
❌ Altered Coins (tool marks visible under magnification)
❌ Foreign Coins (different dimensions)

Always verify with professional grading services!

Free Resources from PennyVerse.info

Think you’ve found one? Get a free expert evaluation at PennyVerse.info.



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