A PENNY with a doubling effect could be worth upwards of $14,000, an influencer explained in a recent TikTok.
Blake Alma, who runs the channel coinhub, went over a 1972 penny with a noticeable double-die error.
This error occurs when the die is not manufactured correctly.
When the die is doubled it creates a "3-D" look, according to Blake, who often creates videos on what makes certain coins rare.
As a result, it will show a doubling effect on the coin's lettering and other visual elements.
Double die errors are usually caught quickly, which could make the few coins released a valuable collector's item.
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One of the varieties on the 1972 penny is the type one double die error.
This is one of the easiest to spot according to Jamie Hernandez at coin appraiser PCGS.
"This variety is very popular and it is also strong enough to see very easily with the naked eye," said Mr Hernandez.
He added that "There are over 10 different doubled dies for the 1972 Lincoln cent but only the Type 1 is considered major."
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While the 1972 double die penny has sold for a range of prices throughout the years, a high-quality, MS66-rated version sold for $14,400 at a Heritage Auction in August 2019.
Keep in mind, that this is a high grade, considering 70 is the maximum on coin scales.
Double trouble confusion
Double-die errors should not be confused with double-struck ones, which can also be highly sought after by collectors.
Unlike the first error, double-struck ones occur when a particular coin is struck twice, ruining its normal appearance.
For example, a Washington quarter with a double-struck error sold for hundreds on eBay.
And a Jefferson nickel with a double-struck error sold for more than 20,000 at auction.
More subtle errors
While double-struck and die errors are often obvious and eye-catching, many valuable coin errors are very easy to miss and require close study.
A Lincoln penny with just one extra column on its reverse design was sold for nearly $3,000.
And a seemingly ordinary dime missing a required S on the obverse sold for more than 45,000.
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Check out which state quarters sell for hundreds of dollars.
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And, see if your penny has dime features on the reverse, if so, it could be worth six-figures.
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