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1969-S Lincoln Penny - Floating Roof And Weak FG - Opinions Please

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dodoal's Avatar
Canada
13 Posts
 Posted Yesterday   11:31 am  Show Profile   Bookmark this reply Add dodoal to your friends list Get a Link to this Reply
Thank you everyone
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FsdWarp10's Avatar
United States
780 Posts
 Posted Yesterday   12:09 pm  Show Profile   Bookmark this reply Add FsdWarp10 to your friends list Get a Link to this Reply

Quote:
I agree JBuck and 100% with HGK3. (Floating Roofs/No FG are not my cup of tea either.) It is a variety though.

I also agree with jbuck that it is not a variety and would be a good idea to keep one as an example for reference -
Quote:
I agree, but you can label and keep it as an example.


Petespockets55,
I always am trying to learn but I have some questions.
Are you saying that every different year and mm that has this over die polishing are each individually separate varieties? as far as I know these occur from the mid 60s to early 70s. Maybe outside of that range as well.

If the answer is yes, where can I find listings of these many variety listings so that I may identify them properly? I would assume that every die pair that has this issue would be a separate variety?


Quote:
Varieties deviate from a "normal" coin made by the mint and have multiple examples of the same die pair.


By this broad definition would every cent that has a die chip, gouge, or crack also be considered a separate variety? That just does not seem right. I recently sent in a 1969S LMC that I thought might be a new DDR variety to an attributor that you all know. I was told it was just a die gouge and not a variety. Please help me understand your position more clearly.

Edited by FsdWarp10
Yesterday 7:43 pm
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Petespockets55's Avatar
United States
5914 Posts
 Posted Today  19M ago  Show Profile   Bookmark this reply Add Petespockets55 to your friends list Get a Link to this Reply

Quote:
... Are you saying that every different year and mm that has this over die polishing are each individually separate varieties?

Thank you for your questions.
Bottom line is Yes IMHO, but ... some are desirable and some are not. The variation or "defect" to the original design is repeated over and over again. (As opposed to numismatic "errors" which will generally be different from each other, even if produced in quick succession. ie: double struck, off center, lamination, planchet flaw, clip, metalic inclusion, etc)

Desirability creates demand, which creates the additional value. The "Law" of supply and demand is affected by desirability.
This additional value is usually what drives the incentive to create a master list or site. Sometimes, an individual will be so devoted to an area that they drive the interest. As an example, I'm not sure if Cohens book on "BIE" Varieties in 1969 drove the interest in the 60's or if the book was a product of the interest in "BIE"s.

Varieties "vary" from the master dies sort of like modern dog breeds vary from the "original" 4 legged master variety (basal breeds). Some are valuable monetarily (pick one) and some are not ("Heinze 57 variety" comes to mind).

I hope this helps explain my thought process.
I only got back into collecting in 2013 and I'm grateful for the internet making it possible to interact, learn, and correct my misunderstandings. So, if anyone has a different opinion or understanding I hope you will share it with me.
PP55

Edit:

Quote:
... I was told it was just a die gouge and not a variety.


I would guess they meant/implied it wasn't a DDR variety, since that was what they were supposed to determine.
Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
Edited by Petespockets55
Today 13M ago
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