In an unexpected turn of events, a 1972 Doubled Die Penny was recently uncovered inside an old fishing tackle box. Hidden among corroded hooks and weathered bobbers, this rare mint error coin had remained unnoticed for many years.
The fortunate person who made the discovery wasn’t on a coin hunt—they were simply sorting through old fishing equipment when the shiny copper edge caught their attention.
A closer look revealed the telltale doubled impressions on the inscriptions, especially on “LIBERTY,” “IN GOD WE TRUST,” and the date. This accidental find has generated buzz among coin enthusiasts, serving as a reminder that valuable collectibles can be found in the most surprising places.
The 1972 Doubled Die Obverse penny is one of the most renowned error coins in American numismatics. Only a few thousand are believed to still exist in collectible condition, which makes any verified specimen highly prized—and often quite valuable.
What Makes the 1972 Doubled Die Penny So Valuable?
The worth of the 1972 Doubled Die Penny stems from a unique flaw during its production. A mechanical mishap caused the coin’s design to be stamped twice on the die, but with a slight misalignment. This created a very clear and striking doubling effect.
Unlike minor minting errors that require magnification to detect, the doubling on this penny is prominent enough to see without any special tools. This distinctiveness makes it one of the most dramatic and sought-after doubled dies among collectors.
The coin’s condition significantly impacts its value. A penny that has been circulated might be worth a few hundred dollars, whereas an uncirculated one in near-perfect condition could command between $1,000 and $3,000 or even more, depending on its grade. Because the doubling is so obvious, even casual observers can identify it—if they know what details to watch for.
Details of the Newly Found Penny
Following the discovery, the penny was promptly examined and authenticated by professional coin graders. Experts confirmed it as a Class I doubled die, noted for the clear doubling of its primary design features.
Although the penny spent many years stored in a fishing tackle box—an environment far from ideal for preserving coins—it has remained in reasonably good shape and was graded approximately AU-55 (About Uncirculated).
In auction settings, coins of this grade usually sell in the $500 to $1,500 range. Given the coin’s intriguing backstory and the increased interest it has generated, specialists predict it might fetch a premium above typical market prices.
Collectors often place added value not only on the coin itself but also on its story. The “found in a tackle box” origin certainly gives this rare coin an extra layer of charm and uniqueness.
How to Check Your Change for a 1972 Doubled Die Penny
This recent find serves as a strong reminder that valuable coins might still be hidden in everyday places. If you want to inspect your own pennies, here are some tips:
Start by focusing on 1972 Lincoln cents, as this is the year with the specific doubled die error.
Look carefully for doubling on the words “LIBERTY,” “IN GOD WE TRUST,” and the date. If these appear doubled, you may have a valuable coin.
Use bright, natural lighting or a simple magnifying glass to get a better view of the coin’s details.
Compare your coin to trusted online images of genuine 1972 doubled die pennies to help confirm your find.
If you suspect you have an authentic doubled die penny, consider submitting it to professional grading services like PCGS or NGC for verification and official grading.
You might be surprised by what’s hiding in your coin collection or even your everyday change!
FAQs
Q1: How many 1972 Doubled Die Pennies exist?
Experts estimate that between 5,000 and 10,000 examples are still around today, though high-grade specimens are much rarer.
Q2: What is the highest price a 1972 Doubled Die Penny has sold for?
Premium, top-graded coins have been auctioned for more than $14,000.
Q3: Can a worn 1972 Doubled Die Penny still be valuable?
Absolutely. Even pennies showing wear and lower grades can sell for hundreds of dollars.
Q4: How do I get a coin graded?
You can send your coin to reputable third-party grading organizations such as PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation).
Conclusion: Hidden Treasures Are Still Out There
The discovery of a 1972 Doubled Die Penny in a dusty fishing tackle box shows that valuable finds aren’t just legends from the past. This fascinating story underlines the importance of staying alert for rare mint errors and appreciating the history they carry.
Whether you’re a serious collector or someone with a handful of spare coins, your next valuable discovery could be closer than you think. Take a moment to check your pockets, coin jars, and even your old tackle boxes—you might stumble upon a true treasure.
