By Mitch Rice
Finding a 2016 penny error in your pocket change could be worth significantly more than one cent. These modern minting mistakes range from dramatic doubled dies to subtle die cracks, with values spanning from $5 to over $400 depending on the type and condition.
Accurate identification is crucial for coin collectors looking to maximize their finds. Many common varieties get mistaken for valuable errors, leading to disappointment and wasted grading fees. Professional coin value apps like CoinKnow can instantly determine what your 2016 pennies are worth, providing real-time market pricing and professional valuations for accurate assessments—saving you time and ensuring you don’t overlook a genuine treasure.
2016 Penny Doubled Die Obverse Error
The doubled die obverse (DDO) is one of the most sought-after 2016 penny errors. This mistake occurs during the die-making process when the hub impression shifts slightly between strikes, creating a visible doubling effect on Lincoln’s portrait and inscriptions.
Look for doubled elements in “LIBERTY,” “IN GOD WE TRUST,” the date “2016,” and Lincoln’s eye or bowtie. The doubling appears as a shadow or layered effect, distinct from machine doubling which looks flat and shelf-like. Genuine DDO errors show rounded, raised doubling that’s consistent across affected areas.
Values range from $25 for minor varieties to $80 or more for strong, clearly visible doubling. A 2016-P penny with doubled obverse and reverse sold for $80 at a 2020 auction. Coins in higher grades (MS65+) command premium prices.
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2016 Penny Doubled Die Reverse Error
The doubled die reverse (DDR) affects the shield side of the penny. This error creates thickness and separation on the Union Shield’s vertical stripes, scroll details, and reverse inscriptions.
Examine “E PLURIBUS UNUM,” “ONE CENT,” and the shield’s structural elements under magnification. True DDR errors show notched serifs, extra thickness in lettering, and clear separation lines. The doubling typically appears strongest on “JFM” (part of the scroll) and the banner elements.
These errors are slightly less common than obverse varieties but equally collectible. Values parallel DDO errors, ranging from $25-$80 depending on the strength and visibility of the doubling. Some minor DDR varieties exist but may not be worth submitting for professional grading.
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2016 Penny BIE Error
The BIE error is a unique variety specific to Lincoln cents. A small vertical die crack forms between the “B” and “E” in “LIBERTY,” creating what looks like a capital letter “I” in the word.
This error develops as dies wear during production. The crack fills with metal during striking, transferring a raised line onto the coin. The most desirable BIE errors show a complete, clear “I” shape rather than a faint or partial line.
BIE errors are relatively accessible for beginning collectors, valued between $5 and $15 in uncirculated condition. While not as valuable as major doubled dies, they’re historically significant and actively collected. Look for clean, early die state examples for best value.
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2016 Penny Broad Struck Error
A broad struck error occurs when the penny strikes outside the retaining collar. The collar normally constrains the planchet and defines the coin’s diameter, but when misaligned, the struck coin expands beyond normal size.
Look for coins measuring larger than the standard 19.05mm diameter. The rim will appear flattened or absent, and all design elements must be present and complete—partial strikes are different errors. The coin should show full obverse and reverse details despite the oversized diameter.
A 2016-P broad struck penny graded MS62 sold for $200 at Heritage Auctions in 2017. Higher grades and more dramatic expansion increase value significantly. These are considered dramatic errors that display well in collections.
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2016 Penny Off-Center Strike Error
Off-center strikes happen when the die strikes the planchet in a misaligned position. The percentage off-center determines value, with 10-60% off-center strikes being most desirable—enough to be dramatic but still showing the date.
The date must be visible for maximum value. A blank area will appear on one side where the die missed the planchet entirely. The struck portion should show clear, well-defined details. Avoid coins with post-mint damage that mimics off-center strikes.
A 2016-P penny 15% off-center, graded MS65, sold for $125 in 2017. Coins 50% off-center with visible dates can exceed $200. Minor off-center errors (under 5%) typically bring $5-$25.
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2016 Penny Misplaced Mint Mark Error
Misplaced mint marks occur when the “D” or “P” strikes in an abnormal position. On 2016 pennies, watch for Denver “D” mint marks positioned too high, too low, or tilted from their normal spot below the date.
This error is particularly rare on modern pennies since mint marks are added to master dies rather than individually punched. When found, they represent significant minting mistakes. The misplacement should be obvious and measurable, not a slight variation from normal positioning.
A 2016-D penny with misplaced mint mark, graded MS60, sold for an impressive $415 at Great Collections Auction in 2020. This demonstrates strong collector demand for authenticated examples. Be cautious of altered coins and always verify with experts.
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2016 Penny Lamination Error
Lamination errors occur during planchet preparation when impurities contaminate the metal mixture. After striking, the compromised planchet begins peeling, creating spotty areas where metal layers separate.
Look for raised or peeling sections on either side of the coin. The error may appear as bubbles, flakes, or missing metal patches. Both obverse and reverse can be affected. Genuine lamination shows metal separation, not environmental damage or corrosion.
A 2016-P penny with lamination on both sides, graded MS64, sold for $100 on eBay. Larger, more dramatic laminations command higher prices. These errors prove the coin’s authenticity as mint-produced mistakes.
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2016 Penny Die Crack Error
Die cracks form when striking dies develop fractures from wear, excessive pressure, or heat stress. The crack fills with metal during striking, creating raised lines across the coin’s surface.
Examine the coin under magnification for thin, raised lines that don’t follow the design. Die cracks can run through lettering, across fields, or along devices. Advanced die cracks may develop into “cuds”—larger breaks typically along the rim.
Values vary widely based on location, size, and visual appeal. Minor die cracks add $2-$10 in value. Dramatic cracks through major design elements or developing cuds can bring $25-$100. Collectors particularly seek cracks that create interesting patterns.
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How Much is a 2016 Penny Worth? Coin Identifier I Recommended
CoinKnow stands out as the premier choice for determining 2016 Penny values with professional accuracy. This coin value app delivers the tightest grading accuracy available—within a 2-point range on the Sheldon Scale—comparable to professional services like PCGS and NGC.
What makes CoinKnow unique is its real eBay sold price data integration. Instead of arbitrary valuations, the app shows you what similar 2016 Penny errors actually sold for on eBay, complete with historical trends and individual transaction links. This transparency ensures you know the true market value of your coins, not inflated estimates.
The AI-powered technology provides instant market valuations based on your coin’s grade, error type, and current market conditions. For 2016 Penny collectors, CoinKnow accurately assesses whether your doubled die is worth $25 or $80, your off-center strike is worth $5 or $200, and your misplaced mint mark is worth $100 or $415—all based on real market data.
Additional features include automatic rare error detection (doubled dies, off-center strikes, broad strikes, lamination errors), copper designation detection (RD/RB/BN), proof finish identification, and comprehensive collection management tools. With daily free scans available and an annual subscription at just $38.99—less than the cost of a single PCGS submission—CoinKnow provides professional-grade coin valuation tools at an accessible price point.
Whether you’re a beginner learning coin values or an experienced collector screening coins before professional certification, CoinKnow is the essential tool for maximizing the value of your 2016 Penny collection.
Data and information are provided for informational purposes only, and are not intended for investment or other purposes.