| Author |
 Replies: 18 / Views: 2,162 |
Page 2 of 2
|
|
|
|
New Member
 United States
23 Posts |
@coinfrog thanks for the welcome I plan to find a lot more (hopefully) and become apart of the community!
|
|
Pillar of the Community
United States
5887 Posts |
Well that's an incredible find. Congrats!
-CH27
Collector of U.S. Coins, Varieties, and Colonial Coinage
|
|
Bedrock of the Community
United States
74880 Posts |
Awesome error coin find! It was Double Struck! Now please get it in a 2x2 for protection!
Errers and Varietys.
|
|
Pillar of the Community
 United States
4618 Posts |
 Nice coin! As stated, it's double struck. The second strike is off center and "uniface" because only the obverse die hit the coin. The reverse was sitting on a blank planchet that was in the coining chamber. That's why you don't see the reverse of a second strike and the letters on the reverse are distorted in what is called a counter-brockage. The date would have been lost, but the second strike was positioned at the date.  I wonder how it made it into the coin counting machine. ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! 
|
|
New Member
United States
23 Posts |
Thank you @CoinHunter27 now that I have started this hobby I was really excited to find it and kinda know what it was and not throw it in the trash lol  . @Errers and Varietys its in a protective slip right now  @Yokozuna ty for the welcome. This is exactly the kind of information I want to learn and know thank you for that. |
|
Pillar of the Community
United States
7077 Posts |
Forget the slip, I would have it slabbed...wonder what the other cents were before and after that one in the counting machine.  .maybe someones collection...Nice grab.... to CCF |
|
Pillar of the Community
United States
3003 Posts |
Excellent find JRobCC87!
What bank do you work at where they still have a coin machine?
EDIT: deleted sentence.. will ask in another post
Edited by levelsofmadnes
10/09/2019 11:02 pm
|
|
Valued Member
United States
261 Posts |
I need to get a job at a credit union.  Awesome find. Congrats. |
|
Pillar of the Community
689 Posts |
Nice find Stick around and happy hunting. |
|
Bedrock of the Community
United States
62064 Posts |
So here is a what if: What if this coin was a doubled ear. Would that increase the value of the coin? What do you think?
|
|
Pillar of the Community
United States
6116 Posts |
Coop, I think you and I are in agreement that in general a variety on an error coin adds little value, or even de-values the coin. But in this case, a DDO-001, FS-101 doubled ear on a top grade flip over incredibly awesome doublestrike would at least double the value of the coin.
That said, I love the coin, congrats on the find, and welcome. A most excellent error coin.
|
|
Bedrock of the Community
United States
62064 Posts |
The point I was making is that an error on a variety coin would be a deal breaker. An error collector wouldn't pay extra for a variety. Why? Two different camps of collectors. When we would see both on a coin, often new collectors think it would increase the value. But it doesn't. So chances are the error collectors would be more interested in then. They except it as an error. But a variety collector would likely refuse it as a variety because of the distraction. I know this could is only an error, but the subject comes up now and then. So store that in your memory banks for another time.
|
|
New Member
United States
23 Posts |
Thank you @tropicalbats for the welcome and I also love this coin. Wondering if I should even try to use a little acetone on the greenish grey part of it or just leave as is. and @coop I was thinking the same thing. It would make it even more rare. I think both camps of collectors would understand that but I'm new to this hobby. Thank you everyone for the input I appreciate it.
|
|
New Member
United States
23 Posts |
So now my question is should I try the acetone on it or leave as is. and Should I send it off to get it graded? |
|
Pillar of the Community
United States
6116 Posts |
I would never touch this one with chemicals.
Grade it? I wouldn't, only because the cost would outweigh the value gained. But with the oxidation going on in the error zone I'd put it in an airtight or something similar, which might include the slab from a grading company. So you are likely to not gain dollar value from slabbing it, but since it needs to get air tight anyway maybe you choose to slab it for that reason? Your call, but it won't add value as the coin would sell just fine as-is. Note: PCGS charges $65, in addition to grading fees, shipping and insurance, for an error coin. That's a like about $100, for a coin that may or may not get close to that when sold. My general rule it that it needs to pretty much be a $300 error coin in at least MS-65 condition before I'll slab it as so much value goes to the grading company that the only way to overcome that is with a really high grade.
|
|
Page 2 of 2
|
Replies: 18 / Views: 2,162 |
Page 2 of 2
|
First Page
Posted 10/09/2019 8:25 pm
