Lot 1205
1955. Doubled Die Obverse PCGS graded Genuine. Minor obverse stain. Our grade is MS64BN. When a modern coin die is created, it is struck from a working hub, which places the incuse image onto the die that will subsequently be used to strike coins. Normally, this requires multiple blows. In 1955, one of the working obverse dies at the Philadelphia Mint was misaligned on the second blow from the working hub, thus resulting in a doubled image. Due to the manner in which this hubbing was carried out, it most noticeably affected the date and inscriptions, with very little doubling visible on the bust of Lincoln. These doubled features were visible on all of the coins struck from this die. It is estimated that 24,000 were struck, all during one night shift at the Philadelphia Mint. They were originally found in New England, and many were distributed in cigarette packs in vending machines (PCGS # 2825) .
Estimated Value $1,800 - 1,850.
Ex: Stack's Auction September 1978 Lot #6 The Dr. Charles Richman Collection.
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| Realized $1,668 |
