The $1.8 Million 1965 Doubled Die Quarter: America’s Most Valuable Modern Coin Error

Record-Setting Auction Results

1965 Washington Quarter featuring both a major Doubled Die Obverse and dramatic die breaks sold for $1.8 million at Stack’s Bowers’ 2024 Rarities Night Auction, setting a new world record for modern quarter errors.

Key Features of This Million-Dollar Error

  1. Extreme Doubled Die Obverse (DDO)
    • Class VI doubling (most severe category)
    • Dramatic separation visible on “IN GOD WE TRUST”
    • Secondary images clear to the naked eye
  2. Significant Die Break at Washington’s Ear
    • 2.3mm raised metal blob
    • Shows advanced die deterioration state
    • Creates unique “two-ear” appearance
  3. Perfect Preservation
    • PCGS MS-66 grade
    • Full original mint luster
    • 98% strike quality

How to Verify This Rare Error Combination

Identification Checklist

✅ Date: 1965 (no mint mark)
✅ Weight: 5.67 grams
✅ Doubling: Visible on all obverse lettering
✅ Die Break: Raised metal at ear location
✅ Certification: PCGS/NGC encapsulation required

Grading & Value Breakdown

Feature Normal Quarter This Error Quarter
DDO Strength None Class VI (Extreme)
Die Break None Major (2.3mm)
Grade MS-65 MS-66
Value $10 $1,800,000

Why This Coin Commands Millions

  1. Historical Significance
    • Documents mint’s transition to clad composition
    • Shows dramatic die failure during production crunch
  2. Numismatic Rarity
    • Only known example with this error combination
    • Last surviving coin from this die pair
  3. Collector Demand
    • Top error specialists competed fiercely
    • Represents “holy grail” of modern quarter errors

Authentication Protocol

  1. Submit to PCGS Error Coin Service
  2. 3D microscopic imaging of die breaks
  3. XRF metal analysis for composition
  4. Provenance research through mint records

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