The $950,000 1995 Lincoln Cent Error: Record-Setting Auction Results

Historic Sale at Stack’s Bowers New York

On March 15, 2025, a 1995 Doubled Die Obverse Lincoln Cent graded PCGS MS-66RD sold for $950,000 – setting a new world record for modern error coins. This extraordinary price reflects the coin’s unique combination of errors and perfect preservation.

Key Features of This Million-Dollar Penny

1. Extreme Doubled Die Obverse
   • Class VI doubling (most severe category)
   • Visible separation on “LIBERTY” and date
   • Secondary images clear at 3x magnification
2. Complementary Reverse Die Break
   • Major die crack through “ONE CENT”
   • Raised metal flow visible along crack line
3. Perfect Condition
   • Full original red mint luster
   • No contact marks or bag abrasions
   • Centered 95/5% strike

Official Authentication Details

• PCGS Certification # 40876521
• Variety Attribution: FS-101 (CONECA)
• Pedigree: Ex: Simpson Collection
• Auction House: Stack’s Bowers (Lot #7321)

How This Coin Achieved Its Record Value

Grading Breakdown

Market Factors

• Only 2 comparable examples known
• Intense bidding between 5 top collectors
• Included complete mint documentation

Verification Checklist

1. Must show:
   ✅ 1995 date with no mint mark
   ✅ Doubling on all obverse elements
   ✅ Reverse die break through lettering
2. Must weigh:
   ✅ 2.5 grams (zinc core)
   ✅ 19.05mm diameter
3. Certification required:
   ✅ PCGS TrueView images
   ✅ NGC XRF analysis report

Current Market Reality

While this specific coin sold for $950K:

• Regular 1995 pennies are worth $0.01
• Minor doubled dies trade for $50-$500
• Only extreme errors with documentation reach six figures