It’s easy to overlook a simple penny—after all, they’re everywhere. But coin collectors know better. In rare cases, a small minting error or specific detail can turn an ordinary-looking coin into a fortune. One such case is the 1939 Lincoln Wheat Penny. With a tiny error barely visible to the naked eye, this coin has sold for up to $101,000. Here are three versions of the 1939 penny that could be worth a small fortune if you happen to have one tucked away.
1939 Doubled Die Obverse Lincoln Penny
One of the most valuable 1939 pennies is the Doubled Die Obverse (DDO). This error occurs when the coin die strikes the same image twice slightly off-alignment, causing visible doubling. Look closely at the lettering in “LIBERTY” or “IN GOD WE TRUST”—if they appear blurry or layered, you may have a DDO. In top condition, these rare errors have been auctioned for over $100,000, making them one of the most sought-after versions of the 1939 penny.
1939-S Lincoln Wheat Penny in Mint State
The 1939-S penny, minted in San Francisco, had a decent mintage, but high-grade examples are scarce. Collectors pay premium prices for red-colored, uncirculated versions with no marks or wear. A pristine MS-67 Red 1939-S penny can bring in $5,000 to $15,000 or more at auction. It’s the color, sharp strike, and luster that make these pennies especially valuable.
1939-D Repunched Mint Mark (RPM) Penny
The 1939-D RPM Lincoln penny, minted in Denver, contains another kind of minting error. A repunched mint mark (RPM) happens when the “D” was stamped more than once at slightly different angles. These errors are visible under magnification and highly collectible. A well-preserved 1939-D RPM penny can fetch $500 to $3,000, depending on grade and visibility of the error.
What looks like an ordinary 1939 Lincoln penny might actually be a hidden gem worth thousands—or even over $100,000. A small detail like doubling or a repunched mint mark can make all the difference. If you’re lucky enough to find one in your change jar or inherited collection, it’s worth having it checked by a professional coin grader. That tiny error could change your financial future.
FAQ’s:
1. What does a doubled die look like on a penny?
You’ll notice doubling on the letters, especially in “LIBERTY” or the date. It looks like a blurry or shadowed effect.
2. Is the 1939 penny made of any special material?
No, it’s mostly copper like other pennies of that era, but its value lies in errors and condition.
3. How do I tell if my penny is a 1939-S or 1939-D?
Look below the date for a small “S” (San Francisco) or “D” (Denver) mint mark. No mark means it was made in Philadelphia.
4. Should I get my 1939 penny professionally graded?
Yes—grading by services like PCGS or NGC can confirm authenticity and increase its resale value.
5. Can I still find a rare 1939 penny in circulation?
It’s rare, but possible. Many valuable pennies have been found in pocket change or old jars. Always check closely!