Posted by In a heartwarming tale that underscores the hidden treasures lurking in everyday places, a 1922 No D Lincoln Wheat Penny discovered in a grandmother’s jewelry box has fetched an astonishing $90,000 at auction.
This remarkable find has captivated numismatists and collectors alike, shedding light on one of the most coveted coins in American history.
The Enigmatic 1922 No D Penny
The 1922 No D penny is a numismatic anomaly. In 1922, the Denver Mint was the sole producer of Lincoln cents, all intended to bear the “D” mint mark.
However, due to over-polishing of the obverse die following a die clash, some coins were struck without the mint mark, resulting in the rare “No D” variety. This error, combined with a strong reverse strike, has made the coin a sought-after rarity.
Valuation of the 1922 No D Penny
The value of a 1922 No D penny varies significantly based on its condition and specific characteristics.
| Grade/Condition | Estimated Value (USD) | Notes |
|---|---|---|
| Good (G-4) | $650 – $700 | Basic circulated condition |
| Very Fine (VF-20) | $1,000 – $1,500 | Moderate wear with clear details |
| Extremely Fine (EF-40) | $2,000 – $2,500 | Light wear with sharp details |
| About Uncirculated (AU) | $8,000 – $8,750 | Minimal wear, nearly mint condition |
| Mint State (MS60) | $12,000 – $12,750 | Uncirculated, strong luster |
| Mint State (MS63) | $18,000 – $18,882 | Higher grade uncirculated |
| Mint State (MS64 Brown) | $29,900 | Auction record for brown coloration |
| Mint State (MS65 Red) | $49,450 – $57,000 | Rare, fully red specimens |
| Exceptional Specimens | Up to $90,000 | Coins with strong reverse and minimal wear |
Identifying a Genuine 1922 No D Penny
To determine if you possess a genuine 1922 No D penny, consider the following features:
- Missing Mint Mark: The obverse lacks the “D” mint mark beneath the date.
- Strong Reverse: The reverse exhibits a sharp and well-defined strike, indicating a strong reverse die.
- Weak Obverse Details: The obverse may show signs of over-polishing, leading to softer details.
- Die Pair 2: This die pair is characterized by the absence of the mint mark and a strong reverse, making it the most sought-after variety.
The Discovery: A Family Heirloom Turned Fortune
The recent discovery of a 1922 No D penny in a grandmother’s jewelry box has made headlines. Initially overlooked, the coin was later authenticated and graded, revealing its exceptional condition and rarity.
The coin’s strong reverse and absence of the mint mark confirmed it as the coveted Die Pair 2 variety. At auction, it commanded a staggering $90,000, transforming a family keepsake into a life-changing asset.
Tips for Aspiring Collectors
If you’re intrigued by the world of coin collecting, here are some tips to get started:
- Educate Yourself: Learn about key dates, mint marks, and coin grading standards.
- Inspect Your Change: Rare coins can sometimes be found in everyday circulation.
- Handle with Care: Use gloves when handling coins to preserve their condition.
- Seek Professional Appraisal: Consult reputable grading services like PCGS or NGC for authentication.
- Join a Community: Engage with local coin clubs or online forums to share knowledge and experiences.
The story of the 1922 No D penny found in a grandmother’s jewelry box serves as a poignant reminder of the hidden treasures that may reside in our homes.
This rare coin’s journey from obscurity to a $90,000 auction highlight underscores the enduring allure of numismatics.
Whether you’re a seasoned collector or a curious novice, the world of coin collecting offers endless opportunities for discovery and enrichment.
FAQs
What makes the 1922 No D penny so valuable?
Its rarity stems from a minting error where the “D” mint mark was omitted, combined with a strong reverse strike, making it highly sought after by collectors.
How can I verify the authenticity of a 1922 No D penny?
Consult professional grading services like PCGS or NGC, which can authenticate and grade the coin, providing assurance of its legitimacy.
Are all 1922 pennies without a “D” mint mark valuable?
Not necessarily. The most valuable are those with a strong reverse and no trace of the “D” mint mark, specifically the Die Pair 2 variety.
Where can I sell a rare coin like the 1922 No D penny?
Rare coins can be sold through reputable auction houses, coin dealers, or online marketplaces specializing in numismatics.