Lincoln pennies were always the popular favorite of most coin collectors. While most pennies from the year 2006 have just their face value, some of that year’s coins contain error designs that can cost a lot more. If interested in such concealed treasures, keep reading for what the most expensive 2006 penny errors cost.
1. Doubled Die Obverse Error
Doubling errors occur when the die strikes the planchet two times at slightly different angles, producing double designs or words. A 2006-D Lincoln penny with a doubled die obverse error graded MS66 was sold for $1,050 by Heritage Auctions in 2023.
2. Strike of Wrong Planchet Error
Wrong planchet errors involve striking a coin on a wrong planchet. Coins can be heavier, and sometimes designed differently, than originally intended. For example, a 2006-D Lincoln cent that was struck on a wrong planchet graded as MS63 sold for $920 at auction on Great Collections in 2022.
3. Off-Center Strike Error
Off-center strikes occur when the die and planchet are not aligned, resulting in an off-center design. The price gets more premium for the degree of off-center strike. A 2006-P penny graded as MS60 with a 10% off-center strike sold as high as $710 in 2023.
4. Die Cap Error
Die cap errors occur when a planchet adheres to the die, which results in the die repeatedly striking other planchets. This creates a raised, hollowed-out coin that resembles a bottle cap. A 2006-P penny with a die cap error graded MS65 sold for $1,250 on eBay.
5. Double-Struck Error
Double-struck errors occur when a planchet is struck multiple times in the minting press. A 2006-P Lincoln penny with a double-struck error on both sides graded MS62 sold for $835 at a Great Collections auction.
6. Retained Wire Strike-Through Error
Strike-through errors occur when a foreign object such as wire or debris penetrates the minting process and causes impressions on the coin. A 2006-D penny with a retained wire strike-through error graded MS62 sold for $630 in 2021.
7. Clamshell Lamination Error
Clamshell lamination errors occur when the outer layer of the coin breaks, similar to a clamshell. These are rare and sell for substantial sums depending on their severity and condition.
8. Interior Die Break Error
Interior die break errors occur when the die breaks, leaving raised marks or bumps on the coin. A 2006-P Lincoln penny with an obverse die break graded MS60 sold for $675 in 2021.
9. Missing Clad Layer Error
Errors where the clad layer is missing expose the copper core of the coin as the clad layer peels away. A 2006-P Lincoln penny with a clad layer missing on the obverse graded MS64 sold at Heritage Auctions in 2023 for $1,045.
How Are These Errors Valuable?
Rarity: Errors tend to be low occurrences, making them very collectible.
Grade: Coins graded at MS60 or higher will pay high prices.
Unique Features: Errors, like die caps or missing clad layers, add intrigue and value.
Collecting 2006 penny errors is an exciting way to add valuable and unique coins to your collection. Whether you’re a seasoned collector or just starting, these errors are worth looking for in your hunt for rare pennies.