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Cryptocurrency News Articles
1959-D Mule Lincoln Penny Sells for a Record-Breaking $31,050
Apr 27, 2025 at 06:13 pm
This tiny copper piece isn't just valuable; it's wrapped in mystery and numismatic history.
Imagine finding a penny that could pay for a brand-new car. Well, get ready to be amazed because a rare 1959-D Mule Lincoln Penny has just shocked the coin world by selling for an incredible $31,050 at auction.
Now, this tiny copper piece isn’t just valuable; it’s wrapped in mystery and numismatic history. Let’s dive in.
Normally, a 1959 penny should have the Lincoln Memorial on the back. That year, the U.S. Mint officially switched from the old Wheat Ears reverse to the new Memorial design. But this one is a mule—it features the wheat design that was supposed to be retired after 1958.
What makes a mule coin so valuable? It’s like finding a modern car with parts from a vintage model—super rare and collectible.
This blend of old and new makes it one of the most fascinating error coins in U.S. history.
So, how did this happen? Most experts believe it was an honest minting mistake—someone accidentally used an old reverse die that wasn’t supposed to be there. But some think it might have been created unofficially—maybe even intentionally—inside the Mint.
There are passionate arguments on both sides, and this discovery has sparked lively debates among collectors for years. But one thing is certain: the Professional Coin Grading Service (PCGS) saw it, graded it, and authenticated it, confirming it’s not a fantasy piece.
That final piece of the puzzle turned this already remarkable find into a true legend. And when this one-of-a-kind penny went to auction, the market spoke loud and clear.
In a move that had everyone talking, the hammer fell at an astounding $31,050.
Now, to put this in perspective, most 1959-D pennies are only worth a few cents today. This mule fetched enough to buy a used car, a small house, or maybe even a year of collecting rare coins—quite the difference!
But perhaps that shouldn’t be surprising. After all, collectors love error coins, especially when they are authenticated and have a dramatic story. A rare mule penny like this is basically the Holy Grail for many in the coin world.
Here’s a quick table summarizing the key details:
| Category | Details |
|---|---|
| Year | 1959 |
| Mint Mark | D (Denver) |
| Obverse Design | Lincoln, "In God We Trust", "Liberty", and "1959" |
| Reverse Design | Wheat Ears |
| Variety | Mule |
| Grading Service | PCGS |
| Grade | Proof 67 Ultra Cameo |
| Realized Price | $31,050 |
Is your loose change hiding a fortune? While most 1959-D pennies are only worth face value, if you find one with the Wheat Ears reverse instead of the Memorial, stop everything and get it authenticated! You might just be sitting on the next record-breaking coin.
Every once in a while, history and treasure collide. The 1959-D Mule Lincoln Penny is a perfect example—even the smallest minting errors can sometimes lead to legendary finds.
So, next time you’re counting pennies, pay close attention—you never know when luck and history might be hiding in your pocket.
This story was covered on Coin News Central.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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