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1969 D Lincoln No FG And Half The Roof Floats

 
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 Posted 03/28/2020  4:46 pm Show Profile   Bookmark this topic Add Gypsy13 to your friends list Get a Link to this Message
I had posted a diff 1969d yesterday. It had the FG. This Lincoln doesn't that I can see. Is this a over polished on the right side of memorial at the top of it ?
Also the left side of memorial isn't connected. whats your thoughts. Thank you




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 Posted 03/28/2020  5:04 pm  Show Profile   Bookmark this reply Add SamCoin to your friends list Get a Link to this Reply
These are actually very common. Not sure how it started, but there are a ton of youtube videos made by like 16 year-olds claiming that this is a rare error. It's not. Just caused by overpolishing of the dies. I don't believe they carry any premium at all.
Edited by SamCoin
03/28/2020 5:05 pm
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 Posted 03/28/2020  5:06 pm  Show Profile   Check Errers and Varietys's eBay Listings Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Also, the FG initials are still visable.
More information about Die Deterioration? http://goccf.com/t/317950
Retired U.S. Mint Coin Die Set information. http://goccf.com/t/302961
Machine Doubling Tutorial. http://goccf.com/t/332421
Die states progression on coins. Scroll down, so you can see the different die state progressions. http://goccf.com/t/325638
Die Deterioration Doubling Tutorial. http://goccf.com/t/336470
Split Plate Doubling Tutorial. http://goccf.com/t/357614
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 Posted 03/28/2020  8:49 pm  Show Profile   Bookmark this reply Add Gypsy13 to your friends list Get a Link to this Reply
Yeah I know it not a keeper. Ill have a keeper one day. So there arent any Lincoln cents that have a floating roof as a mint error? At least know I understand a little better about over polishing. Thanks
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 Posted 03/28/2020  9:17 pm  Show Profile   Bookmark this reply Add Vindex to your friends list Get a Link to this Reply
You can keep looking as it does carry a premium but only in uncirculated grades. A brown coin MS63 last sold at auction for $100. The FG is pretty easy to notice even in your picture. When there isn't an FG - it means it is not there. A few weeks ago PCGS coin guide did not list for brown No FG.(only red) Now they do. The variety is: No FG FS-901
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 Posted 03/29/2020  09:44 am  Show Profile   Bookmark this reply Add SamCoin to your friends list Get a Link to this Reply
@vindex, I'd be suspicious of that. Yes, people do pay for them, but I think it's all a scam started by some unscrupulous sellers who realized they could unload a lot of coins for a lot of money if they created a market for a common overpolished die by starting a rumor it was a desirable mint error. I wouldn't pay more than the going rate for a coin in that condition for one of these, but perhaps one of the experts on here can weigh in, since I'm more of a dabbler.
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 Posted 03/29/2020  10:59 am  Show Profile   Bookmark this reply Add HGK3 to your friends list Get a Link to this Reply
Actually, PCGS has been recognizing this variety for quite some time.

Great Collections sold an MS62BN in 2014 for $180 and Heritage sold an MS65RD in 2017 for $500.

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 Posted 03/29/2020  11:04 am  Show Profile   Bookmark this reply Add Chase007 to your friends list Get a Link to this Reply
It is worth a premium only when there is absolutely no trace of the GF and only when the coin is in a high MS grade! and it has been recognized as mint error.
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 Posted 03/29/2020  12:03 pm  Show Profile   Bookmark this reply Add HGK3 to your friends list Get a Link to this Reply

Quote:
It is worth a premium only when there is absolutely no trace of the GF and only when the coin is in a high MS grade! and it has been recognized as mint error.


Agreed as to the requirement that the FG be completely missing. That's part of the definition of the variety.

As to the "high MS grade" comment, I think the PCGS price guide and auction records speak for themselves. I don't consider MS62 to be a "high" MS grade and yet people are apparently paying substantial premiums for these coins.
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 Posted 03/29/2020  1:16 pm  Show Profile   Bookmark this reply Add Vindex to your friends list Get a Link to this Reply
There is a saying that I tell my money management clients: price is truth. And that "truth" is transitory. Today it is one price, tomorrow another. PCGS only lists coins that have been attributed. I have not seen an attribution for the "floating roof". However there is a variety of No FG. If in time, it is determined that it is not as rare as originally thought, the price for them will fall. If my experience is any indication of scarcity of true NO FG in 1969 D 1C, they are scarce. I searched 5 penny rolls of 1969 D's and found 3.
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 Posted 03/29/2020  10:07 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
This is the mintmark location for the FS-901:
https://imgs.inkfrog.com/pix/coop49...AMPLE_01.jpg[/img]
It appears to be the same mintmark location on this coin as the others.
Richard S. Cooper
Some have asked about my images I use and I'm glad to say, you can now you can see the DVD in sections on youtube:
1. Intro, older coins, toned coins 2. Doubled dies 3. Die events, One of a kind errors 4. So called errors, Coin information 5. Coin information Types and Varieties, Overlays
Jefferson nickel doubled dies Wexler/Rebar complete listings

trail dies:http://www.traildies.com/
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 Posted 03/31/2020  11:22 pm  Show Profile   Bookmark this reply Add Gypsy13 to your friends list Get a Link to this Reply
Also I struggle with doubling of any type. I have not yet seen a true DD in person. Sometines I think I get it but I dont. Like the pic I just put on here. It looks like the f in of has been triple struck if thats even possible. What am I seeing. Thanks again
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 Posted 03/31/2020  11:23 pm  Show Profile   Bookmark this reply Add Gypsy13 to your friends list Get a Link to this Reply
Oops I forgot to put it on
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