A Rare 1969-S Doubled Die Penny Found in Pocket Change Sells for Over $100,000
In an amazing twist of fate, a rare 1969-S Doubled Die Lincoln penny was recently found in a simple jar of spare change. The lucky finder sold it at auction for a jaw-dropping six-figure price, proving that rare error coins can be worth a fortune—even if they’re hiding in everyday places.
What Is the 1969-S Doubled Die Penny?
The 1969-S Doubled Die Obverse (DDO) penny is one of the most famous error coins in the U.S. It stands out because the words on the front—like “IN GOD WE TRUST,” “LIBERTY,” and the date “1969”—appear doubled. The “S” mintmark (for San Francisco), however, looks normal since it was added later using a separate tool.
This doubling happened because the coin die (used to stamp the design) was impressed twice slightly off-center, creating a bold doubling effect. This kind of error is different from the more common and less valuable machine doubling.
How It Was Discovered
In early 2025, a coin collector in Southern Arizona spotted the rare penny while going through some loose change. Realizing its potential value, the coin was sent to Professional Coin Grading Service (PCGS) for verification.
PCGS confirmed it was real and gave it a grade of MS64 Red, which means the coin is in mint condition with strong red coloring. It was later listed on eBay for $160,500—a price reflecting its extreme rarity and excellent condition.
A Look Back at Its History
The 1969-S Doubled Die penny has an interesting backstory. In the late 1960s, fake versions of the 1969 Doubled Die penny (without the “S”) began showing up, which caused the U.S. Secret Service to step in.
Unfortunately, during their investigation, some genuine 1969-S pennies were wrongly taken and destroyed. This has made the real ones even harder to find today. Experts believe fewer than 100 true examples still exist.
How Much Is It Worth?
The value depends on the coin’s condition and color (Red, Red-Brown, or Brown).
- Worn coins might still sell for $10,000 or more.
- Uncirculated coins usually bring in between $35,000 and $50,000.
- In 2008, one MS64 Red coin sold for $126,500 at a Heritage Auctions event.
- In 2023, another high-grade piece sold for over $107,000 through GreatCollections.
Quick Facts About the 1969-S Doubled Die Penny
| Feature | Details |
|---|---|
| Year & Mintmark | 1969, San Francisco (“S”) |
| Error Type | Doubled Die Obverse (FS-101) |
| Doubling Appears On | “IN GOD WE TRUST,” “LIBERTY,” and “1969” |
| Mintmark Doubling | None (mintmark added separately) |
| Estimated Known Coins | Fewer than 100 |
| Highest Sale | $126,500 (MS64 Red, Jan 2008) |
| Recent Find | Change jar in Arizona, MS64 Red by PCGS |
| Current Listing | $160,500 (eBay, April 2025) |
A Reminder for Coin Collectors
Finding a coin like this in spare change reminds us that valuable treasures can be right under our noses. With its strong doubling, rare status, and rich history, the 1969-S Doubled Die penny is a true gem in the world of coin collecting.
FAQs
How can I tell if I have one of these rare pennies?
Look for bold doubling on the front text—“IN GOD WE TRUST,” “LIBERTY,” and the year “1969.” The “S” mintmark should look normal. Always get it checked by a trusted grading company like PCGS or NGC.
Why is this coin so valuable?
It’s extremely rare, the doubling is easy to see, and it has a story tied to the Secret Service—making it highly collectible.
Are there fake versions?
Yes. Some fake 1969 Doubled Die coins (without the “S”) were made in the late ’60s. That’s why it’s important to have any possible match authenticated by a professional.
Where can I sell a coin like this?
Top auction houses like Heritage Auctions, GreatCollections, or Stack’s Bowers are ideal. eBay is another option, but make sure your coin is graded and certified to get the best price.
Conclusion
The discovery of a 1969-S Doubled Die penny in a regular jar of change shows that rare and valuable coins can still be found in everyday places. With fewer than 100 known examples, this coin is a true treasure for collectors. Its unique doubling, fascinating history, and high market value make it one of the most exciting finds in U.S. coin collecting. Whether you’re a dedicated numismatist or just checking your spare change for fun, this story is a great reminder to always keep your eyes open—you never know what hidden gem you might find next.