Lincoln Penny One Cent Coin: How To Identify It And Sell It For U$D 60K? | Numismatic | USA | America 2024

One Coins Very valuable America They are known as Lincoln Penny Worth a penny. However, not all of them can be sold for huge sums.

A few months ago, Traditional auction He bid on an old copy of a penny Lincoln Penny By U$D 60 thousand, being the number that can be reached if any coin of this type meets a series of characteristics. If you want to know more about it, follow this information closely.

What makes the Lincoln Penny so valuable?

One of the details that increase the value of coins is the initials “VDB”What does this mean? Victor David Brenner, a celebrated sculptor, engraver and medallist. Brenner is a famous artist who is famous in numismatics for designing the Lincoln cent, and his initials go a long way in increasing the value of a coin.

Similarly, another thing that increases the value of these coins is the color, as the most sought after ones at auction have an intense and massive red color instead of burnt copper or opaque brown.

Why are they so popular?

These pennies are more difficult to find because not many examples were made and the bright red color is not common on modern American money. That, combined with the stamp of being designed by Brenner, gives the coin a plus.

It is important to note that U$D 60 thousand As another example was sold at a major collector auction in 2022, the amount paid for the coin was not the highest paid for the type. U$D 365 thousand. At the same auction, prices were another four cents each from 1909 and 1915 U$D 100 thousand.