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Replies: 30 / Views: 3,188 |
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Bedrock of the Community
United States
12437 Posts |
That is the largest lamination flap I have ever seen  It is absolutely amazing that the flap did not split off during striking and the subsequent circulation, awesome error 
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Moderator
 United States
56855 Posts |
Now that Mike has confirmed it is an error I think it should be slabbed by PCGS before selling,IMHO. John1 
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Pillar of the Community
United States
2740 Posts |
One thing that puzzles me is the relative weakness of the first two digits of the date and the persistence of striations in the lower front corner of Lincoln's coat. The extra thickness in this area (due to the flap) should have produced especially strong digits and complete effacement of the striations. This isn't enough to alter my diagnosis, but it is passing strange. As to value, hard to say. I recently placed a cent with a 25% struck-in semilunar lamination flap on ebay and it attracted no buyers at $10.
Error coin writer and researcher.
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Pillar of the Community
United States
2624 Posts |
Mr.Diamond what threw me off was that the top of the flap extends over the rim and the bottom might have if it had not folded over. Is this due to the metal in the flap spreading due to the pressure of the strike?
Edited by DrDon 05/13/2013 7:42 pm
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Moderator
 United States
56855 Posts |
If it's only going to be worth $10 then never mind slabbing it.I thought it would be worth a lot more. John 
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Valued Member
 United States
360 Posts |
Quote:I recently placed a cent with a 25% struck-in semilunar lamination flap on ebay and it attracted no buyers at $10. Very strange. I bet alot of people just don't know that this specific lamination error exists. Haha I guess just this once, being too rare of an error has its downsides.
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Pillar of the Community
United States
2740 Posts |
<<Mr.Diamond what threw me off was that the top of the flap extends over the rim and the bottom might have if it had not folded over. Is this due to the metal in the flap spreading due to the pressure of the strike?>>
I'm not sure why the ends dangle a bit.
Error coin writer and researcher.
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Pillar of the Community
United States
8521 Posts |
Quote:As to value, hard to say. I recently placed a cent with a 25% struck-in semilunar lamination flap on ebay and it attracted no buyers at $10. How do I find your ebay listings ? Definitely would love to take a look.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
743 Posts |
I would not sell this coin for $10 but it is hard to say how much it would bring. I know if it is not in a TPG holder you won't get near the true value out of it. Plus ebay auctions are a joke any more unless you have something really rare none of the real high dollar error buyers will bid until the last few seconds using that stupid snipe program that should be outlawed in my opinion.
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Pillar of the Community
United States
1699 Posts |
Quote:I would not sell this coin for $10 but it is hard to say how much it would bring. I know if it is not in a TPG holder you won't get near the true value out of it. Plus ebay auctions are a joke any more unless you have something really rare none of the real high dollar error buyers will bid until the last few seconds using that stupid snipe program that should be outlawed in my opinion. IMO, the best errors aren't in TPG holders and when they do sell they bring strong prices on ebay. Many great errors aren't worth getting slabbed and many don't need authentication to tell what they are. Unlike other aspects of the hobby, grade isn't as important either.
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Pillar of the Community
743 Posts |
It is just my opinion that the ebay auctions suck lately and it might not be that way for all sellers. I really don't sell error coins on ebay much so I should not have said anything. ErrorCoins222 might be right and a TPG is not needed for this coin. I am not an expert so I could be wrong. This coin is awesome and I would hold onto it though.
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Pillar of the Community
United States
2624 Posts |
Just a thought,put it back in the 2x2 to keep the flap in place.
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Pillar of the Community
United States
1699 Posts |
After thinking it over a bit more, if you decide to keep it and want to protect it, a slab may be a great option. I've always had trouble collecting fragile errors as I like a sense of permanence and some stability for my coins and I'm afraid that an error like a lamination or even a bonded die cap would fall apart on me (not that I could afford one). Still, it is a magnificent, rare error, even if value doesn't suggest it.
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Valued Member
 United States
360 Posts |
Quote: Just a thought,put it back in the 2x2 to keep the flap in place Yes, I decided to put it back in a 2x2, it has to be better for the flap that way. Quote: I'm afraid that an error like a lamination or even a bonded die cap would fall apart on me It's unbelievable that this flap hasn't come off while circulating for 37 years, and I'm terrifed that I'll somehow be the one to accidentally break it off. I'm still confused with the fold overs that are on the flap itself. I'm sure it folded over on the bottom and the top, but the flap also looks to have been folded over to the right of the vertical line (the vertical line that hits the left part of the "9"). I guess I will always just remain perplexed about this coin.
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Pillar of the Community
United States
8521 Posts |
I think you should sell it.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Replies: 30 / Views: 3,188 |