Double struck pennies like you describe are generally worth $30-$50
like 300 bucks
There are eight possible results when flipping three coins (eliminating the highly unlikely scenario of one or more coins landing on their edge): Dime - Heads / Nickel - Heads / Penny - Heads Dime - Heads / Nickel - Heads / Penny - Tails Dime - Heads / Nickel - Tails / Penny - Heads Dime - Heads / Nickel - Tails / Penny - Tails Dime - Tails / Nickel - Heads / Penny - Heads Dime - Tails / Nickel - Heads / Penny - Tails Dime - Tails / Nickel - Tails / Penny - Heads Dime - Tails / Nickel - Tails / Penny - Tails
If the coin is double-struck, it can be worth up to $30,000. So if you see double, hold onto it!
If it's a true hub double retail values are $920.00-$2,100.00 for a circulated coin.
The probability is 0.5
Look at the coin again, Indian Heads were first struck in 1859. Post new question.
Simple question, difficult answer. It depends on how many times you want the penny to land on heads. The probability of a penny landing on heads once is 1 in 2. For it to land on heads twice is 1 in 4, for three times it is 1 in 8, and so on and so forth.
A closer examination needs to be made of this penny because San Fransisco did not mint any pennies in 1957.
All error coins need to be seen, take it to a coin dealer for an accurate assessment.
The coin is likely a common error called a "Machine Double" that has no extra value, but take it to a dealer to make sure.
there is even chance of having heads or tails since there is only 1 head and 1 tail on a penny.
1/2 for penny and 1/6 for dice
a penny heads or tail
If you find a penny on the heads side it is good luck if you find a penny on the tails side and pick it up it is bad luck
There are two types of a "double die" errors.MACHINE DOUBLE: The cause of this is a loose die in the press that struck the coin and is very common.HUB DOUBLE: This is caused from a mistake in the manufacturing of the die used to strike the coin.
The probability of heads is 0.5 or 1/2. This is wrong, the chances of a penny landing heads up is less than 0.5 because the cast in Lincoln's head weighs more than the tails side of the peeny.
The myth is "If you pick up a penny heads up, you will have good luck. If you pick up a penny tails up, you will have the exact opposite."
All error coins need to be seen for an accurate assessment. Take it to your local coin dealer.
I also have one with letters from liberty across the face. Thanks