1970-s penny errors and varieties are collectible coins. From the differing markings to the conditions of the coin, when compared to others, pennies of this date and mint sell for a few bucks up to thousands of dollars. Keep reading to learn why they’re worth so much money.
Large Date and Small Date Penny Varieties
For instance, as noted above this 1970 penny displays die gouges above the words “In God.” These anomalies help to identify varieties and die stages.
Moreover, the small date variety is more scarce than the large date, and therefore the most valuable penny. However, the large date still holds value as a collectible variety coin. Do you have a rare 1970-s Large Date penny?
1970 S Penny with Unique Die Markings
Additionally, examining 1970 mint sets ensures a mint state grade proof specimen. Also, examine this year for the scarce S no S mint set. It means one of any of the coins in the 1970 set is missing the S mint mark.
Furthermore, if you draw a line from the top of the nine across to the top of the zero, the large date displays the space above the seven and below the line, as seen below. The large date or “Low 7 variety” is a highly sought after collectible coin.
“Die varieties refer to specific dies used to make a number of coins. The 1970 S large date and small date are examples of die varieties. A doubled die variety refers to a coin struck with a die having two misaligned impressions from the hub. The coin will show a doubled image over the original image.” – lincolncentsonline.com
If you’re new to coin collecting or want to introduce someone to the hobby, Coin Collecting For Dummies is a useful crash course for beginning collectors. Numismatics is the study of coins.
Moreover, you can purchase the necessary tools as gifts, such as a coin collecting kit, containing a coin microscopes, coin flips, and coin scales online. Additionally, this activity makes for a great individual, group, or family to focus on. Anyone stuck indoors is sure to benefit from coin roll hunting errors and varieties by obtaining potential profit.
1970 S Penny Value
The most profound doubling on a 1970-S Doubled Die Lincoln Cent was valued at $22,500! Raw or ungraded 1970 S large date doubled die varieties sell for a few dollars and up on Ebay.
Most Valuable and Rare 1970s Pennies
However, these varieties are more valuable when graded. For instance, a 1970-S 1c doubled die obverse large date Lincoln cent graded MS65Rd, sold for $9000.00.
Furthermore, a 1970-S one cent large date doubled die variety graded MS66, sold for $24,150.00. Now that’s a most expensive penny!
Additionally, a 1970 S 1C large date doubled die obverse FS-101 graded Ms65Rd, sold for $11,456.00. In other words, doubled die coins are worth grading if they’re in mint state condition. Happy Coin Roll Hunting!