A little known piece of trivia for all,, This Lincoln Cent is the most expensive regular issue cent in the world. Which one is it and why???? Ben Peters, (Home of The Knoxville Coin Show)
So far as I know, you are correct - depending on how technical you get for "regular issue". It sold for $149,500 once. The single 1944-S steel cent went for $373,750. Does that count?
I had thought about that one and I didn't go with it because IMHO it's not a "regular issue" Lincoln. Although, it is my favorite Lincoln ever issued.
I don't think that there was ever any regular issue Lincoln Cent that was issued for more than $0.01 Of course, some proof examples are sold by the mint for much more but I assume that you meant regular circulation issues.
Yeah, it's the highest graded 1926-S example and it's a PCGS graded coin with a population of 1. Plus, it has a nice pedigree I believe.
but... you can bet there are better 26 S coins out there that haven't surfaced yet. A really good friend of mine has some very high grade lincolns in his bank vault. They are all PCGS certified but... here is the kicker. He had them graded when PCGS was brand new and didn't have pop reports.
You guys are good, very good! Now try to answer the one about the Washington quarter doubled die in errors or,,, who know the highest graded BU Wheat Cent in PCGS holder before 1930? Ben Peters
This is what frightens me about coins like this. People pay crazy amounts for coins that pop 1...but when another 1 or 2 are found and graded, that original price paid is likely to drop quite a bit. A population of 3 is still very rare...but not nearly as rare as 1, and the next price will reflect that. I'd rather have 1 grade point less with 100x less the price.
The single highest grade for a wheat cent is the single 1919- (pcgs, anyway) graded MS-69 RED. That goes for before 1930 as well as after.
The 1958 DDO (2 known) is a contender for the title. Also the 1969-S DDO (~25 known). Both will probably break the record on their next sale.
Just because It's an error does not mean it does not go into circulation. There is a part of numismatics called "cherrypicking" where you look through many coins to see if there are errors. All coins that you may search with this method are regular issue coins...
I do think that the OP was referring to "normal" issue coins...not errors, but you are correct. However, I don't think there is even a 1955 DDO that has ever sold for more than the 1926-S PCGS MS65RD. The only Lincoln I can think of that was more expensive was the 1944 Steel cent, but I could be wrong. Again, that's an error coin and didn't apply to the OPs question as was mentioned early in the thread.