The statement on that website about the 1997 Doubled Ear cent is an outdated, confusing , cut and paste.
In the CPQ, when it first came out, (Volume 1, 4th edition) Bill and JT werent ready to commit to it being a doubled die.
Ken Potter along with me were early proponents of the doubled die theory based upon the "tilted hub" scenario. Ken wrote a letter to the US Mint and they confirmed the theory. This theory has been proven time and time again with all the newer Doubled Dies that are emerging.
Ken and I have seen many, examples of this coin. I have seen and sold dozens, I've kept six. I have even discovered coins that exhibit different die states on the reverse yet the obverses are identical.
Keep in mind that Bill and JT have also said that their pricing for 1972 Doubled dies is flawed , so since the book has been published, errors have been acknowledged. There have even been coins seen in the CPQ that will be removed in future editions as they have been disproved. The 1980 D/S Lincoln comes to mind.
So now, lets look at the statement on the website you mention, (The
Lincoln Cent Resource) one bit at a time.
"Bill Fivaz and J.T. Stanton state in the Cherrypicker's Guide, "...this is the
most controversial of all
Lincoln Cent Varieties. ... we do not believe it is a doubled die at all. Rather, we believe it is nothing more than a well placed
die chip."
The above was stated before the authors were convinced.
Next:
"Ken Potter states, "The cause is most likely due to a tilted die
blank seating itself into proper position during the hubbing process".
Potter also states that doubling is evident on the obverse in 15 places.
The coin is listed by CONECA as 1-O-IV." I see confusion there based upon the designation, but it is not a Class IV
DDO. But it has been listed by CONECA for quite awhile as 1-O-IV + VIII, reflecting the tilted hub theory. So the reference to I-O-IV is not accurate anymore.
That is Ken's theory which is correct based upon the confirmation letter obtained by Ken years ago.
Next:
"This class of doubling, class IV
offset hub doubling, is not consistent with Potter's hypothesis."
That is a totally misleading and incorrect statement as Ken did not offer that as a hypothesis. Ken says this is a Class VIII Doubled Die, "Tilted Hub Doubling". Class IV (Offset Hub Doubling) doesn't enter into it.
Unfortunately, the author of the above website did not understand what was being said and mistakenly offered a "not so hot" explanation of the 1997 Doubled Ear cent , which has been accepted as a Doubled Die for a long time.
Thanks,
Bill
PS: please point me to the statement by John Wexler that you alluded to, I couldn't find anything by John on this coin in the statement you mentioned.