Did you know a 1975 Lincoln Penny just sold for $560,000 at auction? 
That’s right—this tiny coin, worth just one cent when it was minted, is now one of the most valuable modern U.S. coins in existence. If you’re a coin collector—or even just someone with spare change lying around—you’ll want to know why this penny is so special.
Why This 1975 Penny Is Worth Over Half a Million
Ultra-Rare Mint Error – Known as a “Double Denomination” error, it was accidentally struck on a dime planchet weighing 2.2 grams.
Only 3 Known Examples – Extreme rarity makes it highly desirable among collectors.
Certified by PCGS – One example graded MS65 shows full copper luster and near-perfect condition.
Historic Year – 1975 was the final year before major changes in U.S. coinage design and production.
Key Features to Identify This Rare 1975 Penny
If you think you might have one, here’s what to check:
- Weight: 2.2 grams (normal penny = 3.11 grams)
- Diameter: ~17.9 mm (smaller than the standard 19 mm penny)
- Edge: Reeded, like a dime (normal pennies have smooth edges)
- Obverse: Lincoln’s portrait is visible but slightly weakly struck
The Quick 3-Step Test
Weigh It – Must be exactly 2.2 grams.
Check the Edge – Look for reeded edges.
Measure the Size – About the size of a dime, not a normal penny.
Current Market Value of the 1975 Penny Error
| Grade | 2020 Value | 2024 Value |
|---|---|---|
| Circulated | $150,000 | $300,000 |
| MS63 | $350,000 | $450,000 |
| MS65+ | $500,000 | $560,000 |
As you can see, prices keep climbing—making this one of the hottest rare coins on the market today.
Beware of Fakes!
Unfortunately, many counterfeit coins exist. Here’s how to spot fakes:
Wrong weight (must be exactly 2.2g)
Filed-down edges to imitate reeding
No reeding at all (authentic coins ALWAYS have it)
The Philadelphia Mint Mystery
So how did this error happen?
- A dime planchet (blank used for dimes) accidentally entered a penny press at the Philadelphia Mint.
- 1981 – The first example was discovered in a casino roll in Nevada
- 2005 – The second specimen was authenticated
- 2023 – One sold for $560,000 at Heritage Auctions!
Today, PCGS has only confirmed 3 examples. That’s why collectors are willing to pay small fortunes for them.
What To Do If You Find One
Do NOT clean it – This can destroy its value.
Handle only by the edges.
Take clear photos under magnification.
Submit to PCGS or NGC for authentication.
Insure your coin—values can exceed $500,000!
Final Thoughts: Could One Be in Your Pocket?
It’s hard to believe, but a single penny from 1975 could make you a half-millionaire. 
Always check your change, coin jars, or old collections—you never know when you’ll uncover a hidden treasure.
Pro tip: Collectors are even paying $50,000 finder’s fees for leads on these rare pennies.
So grab a scale, a magnifier, and start searching today—you just might be holding the next $560,000 coin!
