The 1959 Lincoln Cent might look like an ordinary penny, but some rare mint errors make it worth up to $50,000 today! Collectors are always on the hunt for these hidden treasures, and knowing how to identify them could put serious cash in your pocket.
1959 Error Identification Guide
Doubled Die Obverse (DDO) – $$$ Premium Error
What to Look For:
- “IN GOD WE TRUST” – Letters show split serifs (like a faint shadow).
- “LIBERTY” – The “B” may appear bold or doubled.
- Date “1959” – Look closely for notched 9s.
Value Range:
- Circulated: $100 – $1,000
- MS63: $1,500 – $2,500
Pro Tip: The sharper the doubling, the higher the price!
Doubled Die Reverse (DDR) – Minor Error
What to Look For:
- “E PLURIBUS UNUM” – Slight doubling on letters.
- “STATES OF AMERICA” – Faint secondary images visible.
Value Range:
- Circulated: $5 – $20
- Mint State: $30 – $50
Note: Only valuable if the coin is in uncirculated condition.
The “White Whale” – 1959 Wheat Reverse Mule 
This is the holy grail of 1959 pennies.
Obverse: Standard 1959 Memorial design
Reverse: Wheat ears (which should not exist in 1959!)
Auction Record: $50,400 (PCGS AU55)
If you ever find one, you’re looking at a life-changing payday.
2024 Market Value Update
Error Type | Circulated Value | Mint State Value |
---|---|---|
Doubled Die Obverse | $100 – $1,000 | $1,500 – $2,500 |
Doubled Die Reverse | $5 – $20 | $30 – $50 |
Wheat Mule | $25,000+ | $50,000+ |
Hot Tip: Registry set collectors pay 20% premiums for Doubled Die Obverse (DDO) coins with original red (RD) luster.
What to Do If You Find One
- Handle only by the edges (avoid fingerprints).
- Take clear, close-up photos of the date, mint mark, and lettering.
- Get it graded by PCGS or NGC before selling.
Best Places to Sell:
- Heritage Auctions (for high-value coins)
- Stack’s Bowers (strong market for rare cents)
- GreatCollections (trusted for online sales)
Final Takeaways
The 1959 Lincoln Cent has hidden treasures — from doubled dies to the ultra-rare mule.
Even minor errors can be worth hundreds.
The Wheat Mule is one of the most valuable modern penny errors, topping $50,000 at auction.
Free Verification: Email your coin photos to experts@pcgs.com with the subject: 1959 Penny Check.