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 Replies: 17 / Views: 2,590 |
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Bedrock of the Community
United States
12437 Posts |
It certainly does have a premium, especially an older one like that. If it is removed from the encasement, then it is just a damaged cent  |
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Pillar of the Community
 United States
1534 Posts |
That's interesting... any guess to how much it's worth?
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Pillar of the Community
United States
1807 Posts |
Well I did a search and found that Faletti and Cresto was a saloon in Ouray Colorado it was in the 1911 Colorado Business Directory.
Got a picture of the encasement?
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Pillar of the Community
United States
1534 Posts |
No I can't find my camera.... I hope I can find it by tomorrow and it also says free coinage saloon on it.
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Valued Member
United States
114 Posts |
Wow, I checked out some on e-bay and they are pretty cool. Wasn't aware there are so many of these available. Had seen one before but didn't give it a second thought Now I think will have to get a few.
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Rest in Peace
United States
3730 Posts |
We were in Ouray yesterday.
Keep the coin encased, that's for sure. Any idea of its value?
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Pillar of the Community
United States
1534 Posts |
I'm not sure... thats what I was wondering. Hopefully I can get a pic of it by today. But Encased Coins seem to be pretty popular and the 1909 Lincoln Cent will definitely add to its value. |
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Pillar of the Community
United States
1534 Posts |
here it is:   |
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Pillar of the Community
United States
1534 Posts |
Any idea of its value and the grade of the cent? Thanks.
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Bedrock of the Community
United States
17884 Posts |
The cent is fairly high grade, looks like a nice XF maybe a little better. Value of the cent is immaterial because in the holder the encasement is where the value is and out of the encasement it would be pretty much worthless (about 3 to 5 cents) because it is now a badly damaged coin.
I find the piece interesting because it does most likely date back to 1909. The name of the saloon increases the interest and the fact that the holder gives the city, state and possibly the proprietors names is also good.
I can't estimate value of the encasement because I'm not overly familiar with encasement values, but it is in unusually nice condition for its age.
Edited by Conder101
09/17/2009 10:30 am
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Pillar of the Community
United States
790 Posts |
I've been carrrying one around on my keychain for years. It is really neat how much it has worn in that time. Mine is quite valueless, a 1953D in a horshoe shaped aluminum casing. Not advertising anyone, just trumpeted as a good luck piece.
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Pillar of the Community
United States
2541 Posts |
May be worth more in the city that the token was originally made.
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Pillar of the Community
United States
1534 Posts |
Does anyone here collect Encased Cents? And any idea what it might sell for on ebay or here? |
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Bedrock of the Community
United States
20753 Posts |
People collect almost anything. Those are collected as much as those pennies (cents) with other stuff stamped on them like the ones with Kennedy stamped on the right side of Lincoln.
However, I've seen coins like that one you have at coin shows and the dealers tell me they just don't sell. Usually they take any valuable coin out and have it slabbed by a reputable TPGS.
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Bedrock of the Community
United States
17884 Posts |
A reputable TPG would not slab a coin removed from an encasement. Until recently PCGS or NGC would not do so at all. Today they might put it in a Genuine holder. ANACS might have slabbed them as a problem coin and mention the damage. |
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Replies: 17 / Views: 2,590 |
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Posted 09/15/2009 10:47 pm
