The 1955 Doubled Die Lincoln Penny: History, Existence, and Value in 2025, Still in Circulation
The 1955 Doubled Die Lincoln Penny is a one-cent coin produced by the United States Mint in Philadelphia with a striking error known as a “doubled die.” A 1955 Doubled Die Penny graded MS-65+ Red by PCGS and approved by CAC sold for $124,875 at a GreatCollections auction.
This error occurred during the coin’s production process, resulting in a noticeable doubling of certain design elements, particularly on the obverse (front) of the coin. The doubling is most visible in the date “1955,” the word “LIBERTY,” and the motto “IN GOD WE TRUST.”
How Did the Error Happen?
Coin dies (the metal pieces used to stamp the design onto coins) are created using a special process that can involve multiple impressions.
In 1955:
- A misalignment happened during the die creation process.
- Instead of catching and destroying the faulty die, the Mint accidentally used it, and tens of thousands of double die coins were released.
- The mistake wasn’t discovered until after many had entered circulation, especially during overnight runs at the Philadelphia Mint.
In March 2020, a 1955 Doubled Die Penny graded MS-65+ Red by PCGS and approved by CAC sold for $124,875 at a GreatCollections auction, setting a world record. Such prices are outliers, reflecting the coin’s rarity in top condition.
How Many Survive?
Estimates suggest that around 10,000 to 15,000 examples still exist today in various conditions:
What Is the 1955 Double Die Penny Worth in 2025?
The value of a 1955 Double Die Lincoln Penny depends heavily on its grade or condition.
Approximate 2025 Values by Condition:
| Condition/Grade | Estimated 2025 Value |
| Circulated (Good to Fine) | $1,200 – $2,500 |
| Very Fine (VF30) | $3,000 – $4,500 |
| Extremely Fine (EF40) | $5,000 – $6,000 |
| About Uncirculated (AU50) | $6,500 – $9,000 |
| Uncirculated (MS60–MS63) | $10,000 – $15,000+ |
| High Mint State (MS65+) | $25,000 – $50,000+ |
Quick Recap
| Feature | Details |
| Coin Name | 1955 Double Die Lincoln Penny |
| Mint | Philadelphia (no mintmark) |
| Error Type | Double Die Obverse (front side) |
| Estimated Mintage | ~24,000 released |
| Still Exists in 2025? | Yes, with 10,000–15,000 known to survive |
| 2025 Value (Common Range) | $1,200 – $50,000+ |
| Most Valuable Sold | Over $100,000 in pristine condition |
| Key Identification Marks | Bold doubling on text; none on Lincoln bust |
Final Thoughts
The 1955 Double Die Lincoln Penny is not just an error coin — it’s a piece of numismatic history. Its striking look, its accidental creation, and its lasting legacy make it one of the most desirable U.S. coins ever minted.
Yes, it still exists in 2025, and if you own one, you’re holding a valuable and iconic treasure that continues to rise in value with time. Whether found in an old collection or purchased through auction, it remains a dream coin for collectors across the globe.
