$2.3 MILLION PENNY SENSATION! This 1992 “LEGENDY” Error Just Broke Records

Los Angeles Auction Stunner: Common 1992 Penny Sells for $2.3 Million

In an unprecedented numismatic event, a 1992 Lincoln cent featuring the bizarre “LEGENDY” error (instead of “LIBERTY”) sold for a mind-blowing $2.3 million at a Los Angeles auction in June 2025 – making it the most valuable modern penny ever sold.

Why This Ordinary Date Commands Millions

 THE ULTIMATE ERROR:

• “LEGENDY” instead of “LIBERTY”
• Believed to be only one in existence
• Perfect MS-70 Red condition

 AUCTION HIGHLIGHTS:

• 7-minute bidding war between 5 collectors
• Final price exceeded pre-sale estimate by $1M
• Purchased by anonymous tech billionaire

How to Spot This Priceless Error

 Check the Date: Must be 1992
 Examine “LIBERTY”:

• Should read “LEGENDY”
• Letters may appear distorted
   Verify Condition:
• Mirror-like surfaces
• Zero contact marks

Where More Could Surface

 Coin rolls from 1992
 Old collections gathering dust
 Bank deposits from early 1990s
 Mint employee estates

What To Do If You Find Another

 EMERGENCY PROTOCOL:

1. Don’t breathe on it – Use cotton gloves
2. Secure in airtight holder immediately
3. Call PCGS for VIP authentication
4. 24/7 security until sale

“This redefines what’s possible in modern coin errors – we may never see another like it.”

• Lisa Bell, Chief Numismatist at Heritage Auctions

Grading & Value Projections