These Pennies (And Quarters) Might Be Worth A Big Buck

1873 Doubled “Closed 3” Indian Head Penny

Amount Sold at Auction: $12,650

1873 Doubled “Closed 3” penny is of great value due to its doubling. There were over one million of these “closed 3” coins and close to 11 million “open 3” coins. The closing and opening mark refer to the quantity of space in the number “3” on the coin. One of the coins with red or brown coloration and in pristine condition was purchased at a Heritage Auction in Pittsburgh in October 2011.

Image credits: Professional Coin Grading Service

Image credits: Professional Coin Grading Service

As stated above, it was sold at $12,650. The 1873 Indian Head Penny had two major factors affiliated to leading "3" in 1873. The image shown above is the 1873 "Closed 3" variety. By noticing the width, between the central area of the number “3” in both Open “3” and “Closed “3,” you would see that there is a difference. The Open “3” penny’s width is wider than Closed “3.” 

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