Your Lincoln penny may be worth a fortune—up to $60,000, if it has a specific "red" detail.
A rare Lincoln cent recently sold for $60,000, with 37 bidders competing in a January auction.
This coin from 1909, the first year of the Lincoln penny, stands out due to its red color and bears the initials VDB, designed by Victor David Brenner.
Having VDB in penny initials often indicates a valuable coin.
Unlike typical Lincoln pennies from this era, this one is fully red, making it highly sought after by proof Lincoln cent collectors.
Certified Acceptance Corporation (CAC) authenticated the penny, and Heritage Auctions called it the "finest CAC example we have seen."
Lincoln pennies, introduced in 1909 to honor the 16th president, are a favorite among coin collectors.
Valuable coins often have low mintage or unusual errors, and Lincoln pennies are no exception.
For those curious about their coin's potential value, eBay is a valuable resource to explore.