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1955 (Lwc) "Ilberty" Unique Brockage Error & Strikethrough - Help ID Value

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Bedrock of the Community
United States
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 Posted 06/09/2018  9:26 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list
It's definitely a legitimate error coin.
Errers and Varietys.
New Member
United States
28 Posts
 Posted 06/09/2018  9:29 pm  Show Profile   Bookmark this reply Add PaxOfCash to your friends list
Any idea on what it could possibly be worth? Is it just a coincidence that it happens to be a 1955 considering the amount of double die there were? Were there a lot of quirks that year?
Bedrock of the Community
United States
74776 Posts
 Posted 06/09/2018  9:32 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list
I'm honestly not sure on the value of this error coin. You would have to ask Mike Diamond (the coin expert I emailed the CCF link to). He'll be here eventually. A good guess I have is maybe 50 dollars, but it could be worth a lot more than that.
Errers and Varietys.
Pillar of the Community
United States
2738 Posts
 Posted 06/09/2018  10:27 pm  Show Profile   Bookmark this reply Add mikediamond to your friends list
As others have said, this is a brockage from a struck fragment. It appears too large and thick to represent a metal shaving, so I don't know what the hook-shaped object was, other than it was metal. It's a very eye-catching error that might bring $200 on ebay.
Error coin writer and researcher.
Bedrock of the Community
United States
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 Posted 06/09/2018  11:46 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list
Thank you very much Mike Diamond for chiming in! I appreciate it and I will learn from it as well. ebay would be the way to go, if you want to sell it. I would do auction only (where people have to bid on the item to win) and I would start it off at 100 dollars for a fair price.
Errers and Varietys.
New Member
United States
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 Posted 06/10/2018  01:37 am  Show Profile   Bookmark this reply Add PaxOfCash to your friends list
Thank you both for your help and guidance. I have a number of other error coins I'm going to post that I've just found as well. Would love to have your thoughts. I'll post them on new threads though since I'm trying to learn the ethics of this board still...
Valued Member
United States
141 Posts
 Posted 06/10/2018  01:44 am  Show Profile   Bookmark this reply Add CoinAdvocate to your friends list
That is just an absolutely beautiful error coin. Not strictly from the perspective of what type of error it is, but the aesthetics of it are pleasing to the eye. It almost looks like a crescent moon...
It is not enough to merely enjoy coins; one must Advocate for them!
Bedrock of the Community
United States
74776 Posts
 Posted 06/10/2018  01:55 am  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list
It has a lot of eye appeal to it. It will attract coin collecters trying to find error coins for sale.
Errers and Varietys.
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 Posted 06/10/2018  09:03 am  Show Profile   Bookmark this reply Add PaxOfCash to your friends list
This may be a stupid question but something like this is not worth grading right?
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 Posted 06/10/2018  09:44 am  Show Profile   Bookmark this reply Add coop to your friends list
It would be a guarantee or if they miss diagnose it incorrectly it would be a waste of money. But a quote from Mike Diamond might help your case. It would list a grade. So it would be an plus to a buyer. Maybe a Shriner would be interested in it?
1955-Lwc-
Edited by coop
06/10/2018 10:51 am
Pillar of the Community
United States
2738 Posts
 Posted 06/10/2018  09:51 am  Show Profile   Bookmark this reply Add mikediamond to your friends list
The nature and authenticity of the specimen is obvious to anyone who knows anything about errors and the minting process. Therefore, getting the coin encapsulated would be both expensive and redundant.
Error coin writer and researcher.
Valued Member
United States
420 Posts
 Posted 06/10/2018  2:42 pm  Show Profile   Bookmark this reply Add da Swampster to your friends list
Very cool and unique item for sure..!

Swamp
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 Posted 06/10/2018  3:15 pm  Show Profile   Bookmark this reply Add OldJoeClark to your friends list
I like it
Bedrock of the Community
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10044 Posts
 Posted 06/10/2018  3:31 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list

Quote:
This may be a stupid question but something like this is not worth grading right?


Not a stupid question at all! We are all here to learn.

A quotation from a previous post in a different thread found at:
https://www.coincommunity.com/forum...y_ID=2735802


Quote:
You also need to ask yourself why you want it graded to begin with.

If you like slabbed coins just b/c you like slabbed coins, then go ahead and pay to get it graded.

But don't get caught up in the false idea that seems to be growing that ALL coins that are worth something NEED to be slabbed. Realize grading is simply an option where you pay someone else to say what they think the grade is.

If you want to sell a better coin, the having it slabbed will bring a higher return to you from selling it on ebay etc., b/c there are a lot of people who don't know to heed the wisdom mentioned over and over on this forum: Buy the coin, not the slab.

Remember each TPG has their own set of graders who are trained to grade coins the way that company has designed to be used. Hence the different companies will not necessarily give the same results to the same coin. Its all very subjective. And if you break a coin out of a slab and resubmit it, even if you resubmit that coin to the same company, you are never guaranteed to get the same grade again.

So before you pay the money - take all this and the fees into consideration.

If you like slabs - they do look nice - go for it. If not, save your money for more coins instead of plastic with an affixed label. Another good thing to do is learn how the systems grade so you can get an idea for yourself. Even a former president of PCGS, Ron Guth, has made comments that grading can be learned, and its all about experience.
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