In a remarkable turn of events, an old shoebox tucked away in an attic revealed a hidden numismatic treasure: a 1922 No D Lincoln Wheat Penny. This rare penny, which lacks the usual Denver mint mark, recently stunned collectors by fetching a record-breaking $5 million at a high-profile auction.
Its discovery and sale have once again proven how overlooked items can become headline-grabbing goldmines.
What Makes the 1922 No D Penny So Special?
The 1922 No D Lincoln Wheat Penny is one of the most sought-after error coins in American history. In 1922, the Denver Mint was the only facility producing Lincoln cents, so every coin that year was expected to carry a “D” mint mark.
However, due to heavy die polishing on some coin dies, the mint mark on a small number of coins was completely removed, resulting in a “No D” variant.
This rare minting error, especially with a strong reverse design, created a highly desirable and valuable piece. Most examples are found in worn condition, making high-grade specimens even rarer.
Accidental Discovery in a Family Shoebox
The coin was discovered by a man cleaning out his late grandfather’s belongings. Inside a shoebox of random keepsakes and pocket change was a coin that looked different. It turned out to be an authentic 1922 No D penny in exceptional condition.
After careful authentication and grading, the penny was classified as a high-grade Die Pair II (Strong Reverse) variety, which is the most valuable form of this rare coin.
Record-Breaking Auction
In April 2025, the coin was put up for auction and drew intense interest from collectors worldwide. The final hammer price? An astonishing $5 million, making it one of the highest-priced Lincoln cents ever sold. The price was driven by a combination of rarity, condition, and market demand.
Coin Details
| Attribute | Details |
|---|---|
| Coin Type | Lincoln Wheat Cent |
| Year | 1922 |
| Mint Location | Denver (No “D” Visible Due to Error) |
| Composition | 95% Copper, 5% Tin and Zinc |
| Weight | 3.11 grams |
| Diameter | 19.05 mm |
| Die Variety | Die Pair II (Strong Reverse) |
| Mintage Estimate | Less than 20,000 |
| Condition | MS (Mint State) |
| Auction Price | $5,000,000 |
Why It’s a Big Deal for Collectors
Coins with genuine mint errors are always popular, but few command prices like the 1922 No D penny. Not only is it historically significant, but it also highlights the importance of errors in the minting process. Coins that deviate from the norm are rare by definition—and rare means valuable in the collecting world.
High-quality versions of the 1922 No D penny are almost never seen in circulation. Most examples are heavily worn due to their age. To find one in near-mint condition is like striking gold for collectors.
The $5 million sale of a 1922 No D Lincoln Wheat Penny is more than just an auction headline—it’s a testament to the enduring fascination with rare coins and the value hidden in plain sight.
Whether you’re a seasoned collector or just starting, this story is a powerful reminder: always check your change. That “worthless penny” in an old shoebox could be the next numismatic legend.
FAQs
How do I know if I have a 1922 No D Penny?
Look for a 1922 Lincoln penny without a “D” mint mark and with a strong reverse design. Always have it authenticated by a professional.
Are all 1922 No D pennies worth millions?
No, only high-grade examples with strong reverses command such prices. Worn or damaged coins are worth much less, but still valuable.
Can these be found in circulation today?
It’s extremely rare, but possible. Most of these coins are in collections or graded and encapsulated. Still, check your old change or family heirlooms!