The characteristics of the Lincoln Penny coin so you can sell it for $60,000 dollars

Cent coins in the United States, better known as Lincoln Penny, are among the most valuable coins, depending on their printing date and as long as they meet certain characteristics. Here we will detail them so that start checking your coins and know if you can sell it for up to $60,000 dollars.

In January, Heritage Auctions auctions off an old Lincoln penny for $60,000hence our estimate of what the value of one of these pieces could be.

This coin from 1909 attracted the attention of 37 bidderswhich helped the bidding raise the price until the final buyer took it for the last figure.

One of the most valuable features of the Lincoln Penny are the initials “VDB”, which stands for Victor David Brenner, a famous sculptor, engraver and medalist. Brenner is an artist recognized in the world of coins, largely for designing the Lincoln cent, and his initials go a long way toward increasing the value of a coin.

But that’s not the only special aspect of this $60,000 coin. The color of this piece is also important. It is characterized by an intense and voluminous red instead of a burnt copper or dull brown.

Lincoln red cents are one of the attractions that most attract the attention of coin collectors, since they They are among the most difficult to find. Not many were made and such a bright shade of red is simply not seen on modern American money. Between the rare color and verifiable proof of Brenner’s design, this penny was destined to net someone a nice chunk of cash.

Interestingly, the value of $60,000 is not the highest by a penny. Another 1909 Lincoln centalso inked by Brenner, sold at a Great Collections auction in 2022 for $365,000. At that same auction, another four cents from 1909 and 1915 each fetched more than $100,000.

Many of these coins are sold on sites like eBay, but they do not always meet these characteristics. However, collectors or amateur treasure hunters are capable of purchasing any piece without taking into account the mentioned characteristics. If you really want to make good profits, before buying or selling any piece, we recommend you go with a numismatic expert.

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