That Lincoln penny in your drawer might be worth $100,000 if it has this rare mint error on the back
A rare 2001-D Lincoln cent mule error coin, featuring a Roosevelt dime reverse, has garnered significant attention among collectors. These coins, mistakenly produced at the Denver Mint, have fetched impressive prices at auction, with some selling for over $100,000. Due to their extreme rarity, even those in poor condition can command substantial sums.
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The Rare 2001-D Mule Error Explained
Auction Sales of the 2001-D Lincoln Cent Mule Error
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PCGS MS66RD: sold for $114,000 on June 17, 2021
PCGS MS65RD: sold for $78,000 on Feb. 24, 2022
PCGS MS65RD: sold for $66,000 on Aug. 24, 2022
PCGS MS66RD: sold for $114,000 on Jan. 11, 2024
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There's a penny out there that looks ordinary at first, until you flip it over, known as the 2001-D Lincoln cent mule error coin, and it is so rare that it was twice sold at auction for over $100,000, as per a report.According to a GoBankingRates report, this mistakenly produced coin was struck at the Denver Mint and has Abraham Lincoln's face on the front, like any other penny, but the reverse side is where things get unusual: instead of the Lincoln Memorial, it has the back of a Roosevelt dime, as per the report.CoinWeek wrote that, 'The 2001-D Lincoln cent mule falls in the category of Mint errors that conceivably could have been produced by mistake and released unnoticed into circulation,' as per GoBankingRates.ALSO READ: Are you falling behind? The age-by-age breakdown of how much Americans should have saved for retirement by now However, these error coins are highly prized by collectors and often get very high prices in auctions, as per the report. One of the few 2001-D Lincoln cent mule coins was sold at an auction via Heritage Auctions last year for six figures, and it is the fourth such coin to sell at auction, reported CoinWeek. While Heritage Auctions has previously sold the other three at high prices, as per the report.GoBankingRates wrote, "When you include the four mentioned above, the total might not reach double figures. Because they're so hard to find, even those in poor condition can fetch up to $20,000."It's a rare US penny that mistakenly has a Roosevelt dime's reverse side instead of the Lincoln Memorial.Because it's an extremely rare mint error. Only a few are known to exist, making it highly desirable among collectors.
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