1960-P Lincoln Memorial Cent / LMC Keeper Material Or Not?

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Author	Replies: 7 / Views: 660
SF11Dude Pillar of the Community United States 746 Posts	Posted 01/14/2018 6:58 pm Q1) Is the Die Chip on last column and skull cracks a "keeper" Q2) How do you know what is fair for errors/varieties when an offer is made since the values are all over the place? Thanks! Report this Post to the Staff

Coinfrog Bedrock of the Community United States 94367 Posts	Posted 01/14/2018 7:05 pm Minor "errors" like this (a better term is "everyday production flaws") are worth very little - thousands of these small anomalies are being stamped as we speak. For a coin from as far back as 1960, perhaps a bit more, but not much. Edited by Coinfrog 01/14/2018 7:08 pm Report this Post to the Staff
cwb Pillar of the Community United States 3463 Posts	Posted 01/14/2018 7:14 pm When they are that small, I usually throw them back. Report this Post to the Staff
SF11Dude Pillar of the Community United States 746 Posts	Posted 01/14/2018 7:28 pm Works for me; trying to understand what constitutes value in varieties...Thanks! Report this Post to the Staff
Mark1959 Pillar of the Community 7234 Posts	Posted 01/14/2018 7:33 pm Quote: When they are that small, I usually throw them back. Maybe - But I collect them all as a full album of 5 centers = money in the long run!! Report this Post to the Staff
coop Bedrock of the Community United States 62064 Posts	Posted 01/14/2018 7:34 pm Mostly used for ID for varieties, but on this year many of them have die chips on the 12 column. So it is a copper melt coin for any premium. Report this Post to the Staff
Buddy Rest in Peace United States 7075 Posts	Posted 01/14/2018 7:34 pm It seems to me that the prices for the major die varieties is relatively stable especially when compared to error coins. The best way to find the value is to look at the SOLD prices for similar items on ebay. Condition/grade matters in error coins just like any other coin. The black spots on your cent would hurt the value. Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 01/14/2018 8:05 pm Put it this way. If you are fishing with minnows and you catch a fish but you would swear your minnow had been bigger, than you've established the value of most of these errors, too. Die chips, cracks, and MD are so so so so common that we see Dozens of them here every day. Like em? Keep em. But don't expect they will ever be worth anything. Report this Post to the Staff
	Replies: 7 / Views: 660

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1960-P LMC Keeper Material Or Not?