The world of coin collecting is filled with fascinating stories of rare finds and significant sales. One such tale is that of the 1922 No D Lincoln Cent, a coin that recently fetched a staggering $125,000 at auction. This remarkable sale underscores the coin’s rarity and the fervent interest it generates among numismatists.
The 1922 No D Lincoln Cent: An Overview
The Lincoln Cent, introduced in 1909, has seen various modifications over the years. In 1922, due to a series of unique circumstances at the Denver Mint, a batch of pennies was produced without the customary “D” mint mark. This omission has made the 1922 No D Lincoln Cent one of the most sought-after coins among collectors.
Key Features of the 1922 No D Lincoln Cent
| Feature | Details |
|---|---|
| Design | Obverse: Abraham Lincoln’s profile Reverse: Two wheat ears flanking the denomination “ONE CENT” |
| Composition | 95% copper, 5% tin and zinc |
| Diameter | 19.05 mm |
| Weight | 3.11 grams |
| Edge | Plain |
| Mint Mark | None (absence of “D” indicates the No D variety) |
The Minting Anomaly of 1922
In 1922, the Denver Mint was the sole producer of Lincoln Cents, as the Philadelphia and San Francisco Mints did not mint pennies that year. Due to excessive die wear and over-polishing, some coins were struck without the “D” mint mark. This error resulted in three distinct varieties:
- No D Strong Reverse: Clear details on the reverse side.
- No D Weak Reverse: Both obverse and reverse details are weak.
- Weak D: A faint “D” mint mark is visible.
Among these, the No D Strong Reverse is the most coveted by collectors.
Recent Auction Highlights
The 1922 No D Lincoln Cent has consistently achieved impressive figures at auctions:
- 2022: A specimen graded MS64RD by PCGS sold for $253,125. PCGS
- 2023: Another example fetched $125,000, highlighting its enduring appeal.
These sales underscore the coin’s significant value and the strong demand among collectors.
Factors Influencing Value
Several elements contribute to the high valuation of the 1922 No D Lincoln Cent:
- Rarity: The unintentional omission of the mint mark makes this coin exceptionally rare.
- Condition: Coins in mint state or with minimal wear command higher prices.
- Variety: The Strong Reverse variety is particularly prized.
- Historical Significance: As the only regular-issue U.S. coin lacking its intended mint mark, it holds a unique place in numismatic history.
Identifying Authentic 1922 No D Lincoln Cents
Given the coin’s value, it’s essential to ensure authenticity:
- Professional Grading: Seek evaluation from reputable grading services like PCGS or NGC.
- Die Characteristics: Familiarize yourself with known die pairings and diagnostics specific to the 1922 No D variety.
- Consult Experts: Engage with experienced numismatists or dealers specializing in Lincoln Cents.
Conclusion
The 1922 No D Lincoln Cent is a testament to the intriguing anomalies that can occur in coin production. Its recent $125,000 sale highlights its status as a numismatic treasure, captivating collectors and enthusiasts alike.
FAQs
Why is the 1922 No D Lincoln Cent so valuable?
Its rarity, due to the missing mint mark, combined with historical significance and collector demand, drives its high value.
How can I determine if my 1922 penny is a No D variety?
Examine the area below the date for the absence of the “D” mint mark and consult a professional grading service for verification.
Are all 1922 pennies without a “D” mint mark valuable?
Not necessarily. The value depends on the coin’s condition and specific variety, with the Strong Reverse being the most sought after.
Where can I sell a 1922 No D Lincoln Cent?
Reputable auction houses, coin dealers, and online numismatic platforms are viable options. Ensure the coin is authenticated and graded before selling.
What should I do if I suspect I have a 1922 No D Lincoln Cent?
Handle the coin carefully, avoid cleaning it, and seek evaluation from a professional grading service or experienced numismatist.
