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Coin and Paper Money Collecting/1972 Lincoln rolls of pennys uncirculated

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Expert: - 9/12/2011


Question
QUESTION: My father collected coins and passed them on to me.  For some reason he has 20 rolls of 1971 Lincoln pennys uncirculated.  I'm reading about some sort of double struck date or similar double strike. What do I look for and if there are one of those in these rolls, in UC condition,  how much would one be worth ?

Thank you
Stan the Travel Man

ANSWER: Stan,

The valuable double die from that period is on 1972 pennies, not 1971.

Sorry,

Dan


---------- FOLLOW-UP ----------

QUESTION: Thank you Dan, however, if I'm mistaken on the year of the rolls
how much would a 1972 double die be worth and what part of the coin
was double struck, what would I look for ?  Thank you again , Dan

Answer
Stan,

The 1972 Double Die was caused by the misalignment of dies, causing doubling to appear on the lettering and date. The doubling is most prominent on the date and the lettering of the words "Liberty" and "In." Approximately 75,000 double die coins were produced this year.

You can find pictures and descriptions of what to look for here :

http://www.usgoldcoins.com/information/error_coins/1972_double_die_obverse.html

If you find some, then depending on how nice of uncirculated condition they are in, you should be able to get $300 to $350 apiece for them.

I hope this helps,

Dan

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Dan Moore

Expertise

My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.

Experience

I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.

Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
WINS Member #14
CoinMasters Member #1814

Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm


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