Surprise Discovery: 1972 Doubled Die Penny Found in an Unlikely Spot
In a remarkable twist of fate, a 1972 Doubled Die Penny was recently discovered tucked away in an old fishing tackle box. Forgotten among rusty lures and faded bobbers, this rare error coin had been lying unnoticed for decades. The lucky individual who found it wasn’t even actively searching for coins — they were simply clearing out old gear when the glint of copper caught their eye.
Upon closer inspection, the distinct signs of doubling on the coin’s inscriptions, particularly on “LIBERTY,” “IN GOD WE TRUST,” and the date, became immediately apparent. This accidental find has sparked excitement in the numismatic community, reminding everyone that valuable treasures can hide in the most unexpected places.
The 1972 Doubled Die Obverse penny is among the most famous error coins in U.S. history. Only a few thousand are estimated to exist in collectible condition, making any authentic find incredibly special—and often extremely valuable.
What Makes the 1972 Doubled Die Penny So Valuable?
The value of the 1972 Doubled Die Penny lies in the unique way it was produced. During the minting process, a mechanical error caused the design to be impressed twice onto the coin’s die but slightly offset, creating a clear and noticeable doubling effect. Unlike minor errors that require magnification to spot, the doubling on the 1972 penny is easily visible to the naked eye. This makes it one of the most dramatic and sought-after doubled dies.
Condition plays a major role in determining the penny’s worth. A circulated example might fetch a few hundred dollars, while a pristine, uncirculated specimen can sell for $1,000 to $3,000 or more depending on its grade. Because the doubling is so clear and recognizable, even non-collectors can spot one without specialized equipment—if they know what to look for.
Details of the Newly Found Penny
After its discovery, the penny was quickly authenticated by a professional coin grader. Experts confirmed the unmistakable signs of a Class I doubled die, characterized by clear doubling in the major design elements. Despite spending years in a fishing tackle box—a less than ideal environment—the penny remained in relatively good condition, graded around AU-55 (About Uncirculated).
At auction, coins in this condition typically sell for between $500 and $1,500. Given the coin’s compelling backstory and the public’s renewed interest in rare coins, experts predict that this particular penny could fetch a premium above standard market value. Collectors often value not just the coin itself, but the story attached to it. “Found in a tackle box” certainly adds a fun, unique narrative to this rare find.
How to Check Your Change for a 1972 Doubled Die Penny
The discovery of this coin serves as a powerful reminder that valuable coins can still be found in everyday life. Here’s how you can check your own coins:
- Focus on 1972 Lincoln Cents: Check the date first. Only pennies from 1972 have this specific doubled die error.
- Look for Doubling: Pay close attention to the words “LIBERTY,” “IN GOD WE TRUST,” and the date. If the letters and numbers appear doubled, you might have a winner.
- Use Good Lighting: Sometimes good natural light or a simple magnifying glass can make all the difference.
- Compare with Online References: Many coin collector websites have side-by-side comparisons showing genuine examples.
- Get It Authenticated: If you believe you’ve found one, submit it to a professional grading service like PCGS or NGC for authentication and grading.
You never know—you might have a rare treasure lurking in your coin jar!
FAQs
Q1: How many 1972 Doubled Die Pennies exist?
It’s estimated that about 5,000 to 10,000 examples survive today, with far fewer in high grades.
Q2: What is the highest price a 1972 Doubled Die Penny has sold for?
Top-grade examples have sold for over $14,000 at auction.
Q3: Can a worn 1972 Doubled Die Penny still be valuable?
Yes, even circulated examples in lower grades can fetch hundreds of dollars.
Q4: How do I get a coin graded?
Submit your coin to a reputable third-party grading service like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation).
Conclusion: Hidden Treasures Are Still Out There
The chance discovery of a 1972 Doubled Die Penny in a dusty tackle box proves that valuable finds aren’t just the stuff of legend. This incredible story highlights the importance of keeping an eye out for rare error coins—and appreciating the rich history they carry. Whether you’re an avid collector or just someone with a handful of spare change, your next big discovery could be closer than you think. Check your pockets, your jars, and yes—even your old tackle boxes—you might just find your fortune.