Rare 1987-D “LIBERTY” Error Sells for $1 Million – Here’s How to Spot One
A 1987-D Lincoln Memorial penny featuring a dramatic die break error on the “LIBERTY” inscription has sold for a staggering $1 million, proving that even modern coins can be worth a fortune.
Why This 1987-D Penny Is Worth $1M+
💰 Key Features:
- “LIBERTY” misstrike (letters partially missing or distorted)
- Major die crack running through the design
- Denver Mint (“D”) variety – only 2-3 known specimens
- PCGS MS-68 RD (Red) certification
🔥 Recent Sales:
- MS-68 RD: $1,000,000 (2024, private sale)
- MS-67 RD: $500,000 (2023)
- MS-66 RD: $250,000 (2022)
How to Identify This Million-Dollar Error
1️⃣ Check the Mint Mark: Must be “D” (Denver)
2️⃣ Examine “LIBERTY”:
- Look for missing/doubled letters
- Visible die cracks near the word
3️⃣ Assess Condition: - Full red color (no wear)
- No cleaning or damage

Grading & Value Guide
Grade | Value Range |
---|---|
MS-68 RD | $800K–$1.2M |
MS-67 RD | $400K–$600K |
MS-66 RD | $200K–$300K |
Where More Could Be Found
🔎 Original 1987-D mint rolls
🔎 Inherited collections
🔎 Coin dealer “junk bins” (before identification)
What To Do If You Find One
🚨 Handle carefully (cotton gloves only)
📸 Take high-res photos (highlighting the error)
💎 Get PCGS/NGC certified immediately
💰 Auction through Heritage or Stack’s Bowers
“This is one of the most dramatic modern mint errors ever discovered!”
— David Hall, PCGS Founder
Leave a Reply