GOOD EYE I’m a coin collector – the exact elements you need to look for to find a ‘double die’ Lincoln penny worth $1,000s

THERE is one particular error that you need to look out for when going through your jar change.

Errors happen when the mint incorrectly manufactures a coin, leading to irrational elements.

You’ll want to look out for a specific date

Most importantly you’ll want to look out for a few doubling elements

Some common errors include die errors, wrong planchets, and off-center errors. 

One of them, in particular, is the double die error and a coin collector who goes by “thebowerscoinshow” on TikTok has revealed how you can spot one on a specific Lincoln penny.

What is the double die error and how to spot it? 

A double die error can be found on various coins.

But one included on a penny with a 1970 date could be particularly valuable.

The error refers to the duplicate of particular elements on the coin.

If you happen to find a 1970 date, you’ll want to look out for an S mintmark, which stands for San Francisco.

If you happen to find one, you’ll want to look closely at a few elements.

“If you look closely at the date, the word’s ‘Liberty,’ ‘In God We Trust’ and you see them being doubled you have found it,” the coin expert said.

The doubling errors can be found all on the obverse.

The date and the mintmark can be seen to the right of Lincoln’s body.

The word Liberty is closer to Lincoln’s neck on the left center of the obverse, while “In God we Trust” can be found above Lincoln’s ahead at the top.

“Barely any people know about this error,” the TikToker said.

How much is it worth? 

The TikToker said that if you get lucky enough to find one of these pennies it could be worth in the range of $1,000 to $2,000.

But it could go for more depending on the grade.

According to auctions posted by Professional Coin Grading Service, the value could range from $3,000 to a little over $24,000.

In a January 2001 auction, a 1970-S penny that was certified in an MS 66 grade sold for a total of $24,150.

Keep in mind this is an uncirculated coin, meaning it was not intended for the use of daily transactions.

Other double die pennies 

The double die error can be found on a few other Lincoln pennies as well.

This includes arguably the most famous one of them all known as the 1955 double die piece.

In average condition, the 1955 double die penny is worth $1,318, according to USA Coin Book

The value could surpass $17,000 if in an MS 63 grade.

One buyer recently paid more than $2,000 for a circulated 1955 piece in a high grade.

Then, there’s the 1969-S double die penny – which is extremely rare.

The reported mintage is just 15, according to Professional Coin Grading Service.

According to recent auctions posted by grading service, the value could range from as low as $16,500 to as much as $126,500.

All have been graded in MS 63 and above.

To see if your spare change is worth anything, you can check eBay by searching the full name, selecting the “sold” listing, and then toggling the search to “highest value”.

This will give you an idea of how much the coin might be worth, because your quarters half dollarsdimesnickels, and Lincoln pennies could be valuable too.

For more related stories, check out the most valuable silver coins in circulation.

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