In a story that’s making waves across the numismatic world, a U.S. family has uncovered a hidden treasure that’s been sitting quietly in their home for decades. A rare 1970-S Small Date Lincoln penny, discovered inside an old coffee can full of spare change, has reportedly fetched a staggering $800,000 at a private auction. The find is a reminder that even the most unassuming pocket change can carry a fortune—if you’re lucky enough to spot the right one.
A Coffee Can Jackpot
The discovery was made during a routine cleaning of a late relative’s belongings. The family, based in California, was going through several containers filled with coins, many of which had been saved over a lifetime. Among the piles of copper and nickel, one small and unremarkable-looking penny caught the eye of a family member who had recently seen a video about rare U.S. coins.
After closer inspection and confirmation from a professional grading service, it turned out that the coin was no ordinary cent. It was a 1970-S Lincoln penny with a small date and a doubled die obverse—a highly coveted combination among collectors. The coin was in near-mint condition, which only added to its astronomical value.
What Makes the 1970-S Small Date Penny So Valuable?
The 1970-S Small Date penny is one of the trickier coins to identify because the differences between the “small date” and the more common “large date” versions are subtle. Key identifying features include:
- The “7” in the date appears level with the other numbers, unlike the large date version where it dips slightly lower.
- The word “LIBERTY” on the coin’s obverse is often weakly struck.
- A sharp eye can spot doubling in the word “LIBERTY” and the date itself in certain rare variants.
When the small date is combined with a doubled die error, its rarity skyrockets. Only a few examples are known to exist in high grades, making them prized possessions for serious collectors.
How the Sale Happened
After authentication and grading, the coin was listed for private sale through a well-known rare coin broker. Within days, a prominent collector based in New York reportedly made an offer of $800,000. While the exact details of the sale remain confidential, it’s confirmed by industry sources that the deal has been finalized.
The family, shocked but overjoyed, says the windfall will be used to pay off debts, fund college education for the kids, and maybe even take a long-overdue vacation.
Pocket Change Could Still Hold Gold
This isn’t the first time an old penny has made headlines for its incredible value, and it likely won’t be the last. Coin experts emphasize that the U.S. still has rare and valuable coins circulating in change, piggy banks, and dusty drawers. From 1955 doubled die cents to 1982 no mint mark dimes, there are hidden gems out there waiting to be discovered.
A Reminder to Look Twice
For those who handle coins regularly or have inherited old change collections, this story serves as a reminder to examine coins carefully. You don’t need to be a seasoned numismatist to find something rare—just a little curiosity and luck can go a long way.
Who knew that an old coffee can in a dusty garage could be the hiding place for an $800,000 treasure?
Final Thought:
Keep an eye on your spare change. That next coin you overlook could be your lottery ticket—just like it was for this lucky family.
