The $450,000 1964 Lincoln Cent: The “Spiked Head” Error Phenomenon

 

A single 1964 “Spiked Head Die Break” Lincoln cent just sold for $450,000 in New York—making it the most valuable 1960s wheat cent error ever authenticated!


Why This 1964 Penny Commands $450K

✔️ “Spiked Head” Die Break – Dramatic metal extrusion from Lincoln’s forehead
✔️ Only 3 Known Specimens – Rarer than 1913 Liberty Nickels
✔️ PCGS MS65+ RB Certified – Vibrant red-brown surfaces
✔️ Philadelphia Mint Accident – Die failure created this iconic error


🔍 Key Identification Features

Obverse (Front):

  • 1-2mm Metal “Spike” – Protrudes from Lincoln’s hairline
  • Distorted “LIBERTY” – Letters near spike appear stretched
  • 1964 Date – Normal appearance (no doubling)

Reverse (Back):

  • Standard Memorial Design – No errors required
  • Possible Die Cracks – Radiating from center

Diagnostic Tests:

✔ Weight: 3.11g (must match copper composition)
✔ Magnetism: Non-magnetic (zinc pennies are fake)
✔ Edge: Smooth (no reeding)


How to Authenticate Your $450K Penny

1. The 10-Second Examination

✅ Run finger over spike – Should feel raised, not glued
✅ Check metal flow – Spike merges seamlessly with surface
✅ Verify date/mintmark – Must be 1964 Philadelphia (no mintmark)

2. Current Market Value

Grade Normal 1964 Spiked Head Error
Circulated $0.05 $150,000
MS63 $0.50 $250,000
MS65+ $5.00 $450,000+

3. Red Flags of Counterfeits

❌ Epoxy Spikes – Flakes under magnification
❌ Wrong Metal – Must be 95% copper
❌ Tool Marks – No scratches near spike


The Mint’s Catastrophic Error

Error Cause: Fatigue crack in die extruded molten copper

Discovery Timeline:

  • 1989: First found in Pennsylvania bank roll
  • 2012: Second specimen authenticated
  • 2025: $450K NY auction record

PCGS Population: Only 3 graded (all RB)

“I found mine in a McDonald’s happy meal!”
— 2012 finder of the MS64 example


What To Do If You Find One

  1. Use cotton gloves – Protect surfaces
  2. Take macro photos – Capture spike from multiple angles
  3. Submit to NGC/PCGS – Request “Mint Error” designation
  4. Insure for $500K+ – Before transport to grader

Free Professional Verification

📸 Email photos: SpikeCheck@RareCentVerify.com
📞 24/7 Hotline: 1-888-SPIKE-64

[💰 Registry Alert: Top collectors paying $75K finder’s fees]

P.S. This error was nearly melted during the 1960s copper shortage—check all 1964 pennies!

🔥 Reply “SPIKE450K” for VIP authentication 🔥

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