Ordinary pocket change can contain more than a few pennies. A rare error coin can make change into a modest fortune for collectors and smart buyers alike. An example of a still-in-circulation, still-surprising Americans coin is the 1922 No D Lincoln Penny. Even though they were minted more than a century ago, this penny’s distinct error and rarity have continued to put it in the limelight, with many selling for thousands—even millions—at auction. Here’s all you need to know about this incredible coin.
What is the No D Lincoln Penny?
The No D Lincoln Penny of 1922 is an American one-cent coin that lacks the “D” mint mark. Though the entire mintage of the Lincoln cent in 1922 was done at the Denver Mint (the sole cent-producing facility of the year), several coins with no “D” surfaced due to worn or over-polished dies. The mintage mistake produced a distinctive and rare type: the No D penny.
As with most other error coins, this coin was never meant to be an error—one was produced on a normal operations day. Still, because of the wear and reuse of old equipment by the mint, there was an uncommon absence of the mint mark.
Why is it So Valuable?
Error coins are greatly sought after by coin collectors, especially when they are a established variety like the 1922 No D penny. Here’s why it’s so valuable:
Limited Numbers: Only a limited number of 1922 pennies were made without the “D” mint mark.
Historical Context: It was the sole year that the Denver Mint made pennies only.
Condition Problems: Uncirculated or mint-state coins can sell for $50,000 and up. Some of the mint-state specimens have sold at auction for over $100,000.
Circulation Discoveries:
These coins occasionally appear in circulation, making them even more legendary and popular.
Unlike most error coins, this was never intended to be an error coin—it was made under standard operations. Despite that, wear on the equipment and re-use of old gear at the mint resulted in a significant lack of the mint mark.
How to Tell if a No D Lincoln Penny is Real
It takes some numismatic expertise to identify a real No D penny. These are the most important characteristics:
1922 Date: The coin should have the date 1922.
No Mint Mark: A typical Denver penny would feature a small “D” below the date. The No D version won’t.
Strong Reverse Details: The real No D version has strong reverse details, particularly in the wheat stalks.
Die Diagnostics: A weakly struck D and an actual No D can be separated by analyzing die characteristics under magnification.
Critical Note: Fake versions and altered coins also exist, so confirmation with a good coin dealer or a professional grading (e.g., PCGS or NGC) is recommended.
Still in Circulation? Really?
Indeed, to our surprise! Although most of these coins have been collected, some still find their way into change jars, estate sales, or dusty drawers. Actually, many people have reported coming across one in bulk penny bags or inherited coin jars.
This potential makes it pay to always examine your change closely.
How Much is a 1922 No D Penny Worth Today?
The price can vary wildly depending on the condition:
- Worn Condition: $500 – $1,500
- Fine to Very Fine: $3,000 – $10,000
- Uncirculated Condition: $20,000 – $50,000
- Top Grade (MS-65+ Red): More than $100,000 or higher
An otherwise fine coin in good hands with a good collector can fetch six-figure sums.
Tips for Finding Valuable Coins in Everyday Change
Get to Know Mint Marks: Understand which coins were meant to include mint marks during each year.
Use a Loupe: An inexpensive jeweler’s loupe can identify weak or absent marks.
Examine Dates: Always examine pennies from the 1920s, 1930s, and wartime years.
Don’t Clean Your Coins: Cleaning can decrease value. Keep coins in their found state.
Maintain a Coin Reference Guide: A coin collector’s guidebook or smartphone app can assist you to rapidly evaluate coin worth.
Conclusion
The 1922 No D Lincoln cent is not just a minor mistake, but a piece of American history that continues to fascinate collectors and ordinary Americans today. Whether you are a seasoned coin collector or just curious about that old box of coins in your closet, a little investigation could lead to a life-changing discovery.
The next time you pull a coin out of your pocket, pay attention. That ordinary-looking coin might be the unique find that collectors have been waiting to see.
FAQS:
How much is a 1922 No D penny worth?
Its value can be anywhere from $500 in circulated state to more than $100,000 in mint state, depending on grade and authenticity.
Is the No D penny still in circulation?
Yes, but very rare, some have been found in circulation, coin jars, or estate finds.
How do I know if my 1922 penny is the rare version?
Look for a missing mint mark, a high detail reverse design, and have it authenticated by a coin expert or professional grading service.
Where can I have my coin appraised?
Call authorized coin dealers, PCGS (Professional Coin Grading Service), or NGC (Numismatic Guaranty Corporation) for professional appraisal.