Many of us have heard/read this before...but this is the most credible account that I have come across. We will never know how many were actually released. http://coins.about.com/od/Lincoln-P...l&utm_campaign=list_coins&utm_term=list_coins
All of the stories/accounts that I have ever read, and there have been many over the years, they all fail to mention the fact that there were numerous lapses in quality control when this die was made, not just one. And they occurred over a period of time. You see hubbing the die is one of the early steps when dies are made, there are other processes the dies go through after they have been hubbed, and before they are ever used. And each of those processes have their own quality control steps, some more than one. And they all missed it.
Well that lends better perspective to it... And furthermore puts the "how did 3 graders miss the corn cob graffiti on the bustie" thing to shame
The really interesting thing is that everything you find on the web has almost exactly the same story... dating to 2005 (I can't chase the reference). https://books.google.com/books?id=R...IOTAH#v=onepage&q=sidney engle coiner&f=false SEVEN people should have inspected the die.
Bottom line, if this article is accurate, Sidney, or whoever was in charge at the time let 10 M pennies go out into public circulation, and made lots of coin collectors very happy!
It looked good right up to the point where he said: "This resulted in the lettering and the date being doubled but Lincoln's portrait not being affected." Nothing could be further from the truth. The portrait is definitely doubled and only someone ignorant of the die making process and that is simply repeating some old wives tale would not see it.
Quick, simplistic rundown of the process (at least back then): Artist sculpts an exact rendering of the coin much larger than original for ease of production. This is copied via reducing machine onto a steel Master Hub. Both are "positives," just like the coins will be. Master Hub is then pressed (cold work) into one or more Master Dies (negatives). From these Master Dies, Working Hubs are created. If I remember BadThad correctly, the original Lincoln Master Dies lasted through 1915 and new ones created for 1916, to give an idea of scale and usage. Working Hubs were used to press dies. It took two "squeezes" to create a striking-ready die, which is how the 1955DD was able to happen. That, and rather poor downstream QC.
But once a die is hubbed, it is not ready for striking coins. There are other processes that must take place after hubbing, before a die is ever used for striking. For example, and this can vary depending upon the time period being discussed, the key-ways must be milled away. The die is then inspected at that point. Then the die goes through the die polishing process, which all by itself has several steps, and after each step the die is inspected. The point I'm trying to get across is that die had to be inspected several more times, after it was hubbed, and before it was ever ready for striking coins. And at each inspection it was missed that the die was flawed.