PCGS Certifies 1969-S Doubled Die Cent
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Yes, you can still find valuable coins. Professional Coin Grading
Service has certified a recently discovered modern rarity, a 1969 San
Francisco Mint doubled die obverse Lincoln Cent. It’s graded PCGS Mint
State 64 Red and tied for the finest known!
The coin was discovered by Michigan collector, Michael Tremonti, who
was examining two rolls of uncirculated 1969-S cents on October 3. After
consulting with well-known error-variety expert, Ken Potter, Tremonti
submitted the coin to PCGS. “I was totally amazed that this coin could
turn up out of nowhere. The coin is completely original and full mint
red. It’s a beautiful near-Gem example,” said David Hall, PCGS
co-founder and president of Collectors Universe, Inc. (NASDAQ: CLCT).
“What an incredible find! This could be a six-figure coin.” Including
this latest discovery piece, the PCGS Population Report indicates only
23 1969-S doubled die cents from Very Fine to MS-64, and only two are
graded Mint State Red.
The coin discovered by Tremonti has strong doubling on the obverse in
the date, 1969, and the words, LIBERTY and IN GOD WE TRUST. It’s
described by Potter as “a Class I Rotated Hub with counter-clockwise
doubling.” A1969-S doubled die cent, graded PCGS MS-64 Red Brown was
sold for $85,100 in the Bowers and Merena Auctions sale in August. The
Tremonti coin is full red, tied for finest known with one other MS-64
Red, and with no higher grade examples in the PCGS Population Report.


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