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1956 Lincoln Wheat Cent PMD Or Strike Error?

 
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Author Previous TopicReplies: 7 / Views: 294Next Topic  
Valued Member
United States
480 Posts
 Posted 05/16/2022  10:55 pm Show Profile   Bookmark this topic Add jdavis18 to your friends list Get a Link to this Message
It's been a while since I posted, but was looking for some help with this 1956 Wheat cent. It weighs 3.1g as expected, but the rim is entirely missing and sloped. Is this PMD or some type of strike error?

Any help would be very appreciated.


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Canada
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 Posted 05/17/2022  12:15 am  Show Profile   Bookmark this reply Add silviosi to your friends list Get a Link to this Reply
IMO it is an PMD.
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 Posted 05/17/2022  12:37 am  Show Profile   Bookmark this reply Add Wrekkdd to your friends list Get a Link to this Reply
I'd guess the coin was removed from a bezel, the rim area was probably flattened during the adding of it and this is the result after it was removed.
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 Posted 05/17/2022  07:01 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
, former Encased Coin.
John1
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
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 Posted 05/17/2022  08:02 am  Show Profile   Bookmark this reply Add jdavis18 to your friends list Get a Link to this Reply
Thanks everyone!
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 Posted 05/17/2022  08:30 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'll add this - nicely photographed!
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 Posted 05/17/2022  10:50 am  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
What is an Encased Coin?
Stamps?

Use for a different purpose at a time when coinage was being hoarded because of the metal content. This is how they would fill in the coinage issue to make change back then. Also tokens were created to be used at their stores.
Encased cents:
There were holders used for a specif purpose. Often a special event like birth dates/marriages/high school graduations. A year special to a hoarder. These are best to leave in the holders as the coin is already damage when it is squeezed into the encasement:



Thinking they are good coins, when they are removed, then they see the coin, but often don't realize how damaged they are now. So best to leave these in the holders. That way they still have some value. (Other wise they are just another damaged coin.


So when you see the rims flattened then realize the coin is now damaged.
Altered reverses on coins:
Sometimes they used the reverses of coins to engrave an event that happened. Well it was silver back then, and only cost a dime to have it for the event. They were called then 'Love' Tokens:


Counter Struck coins:
Some coins are altered to make stuff to sell. They add States or other designs to the coins, making them now a damaged coin to a collector, but to a non collector, they don't know the difference:





Tokens:
Today we see these for entertainment usage, car washes and such. But at one time they were used to get more return customers to come back to their location. So they would give them these tokens to redeem at their locations. Some were given when they cashed a check, to get them to buy something more from them.


Some are sold from different locations:


Elongated cents/nickels are also seen. Sorry I can't find an image so someone can add theirs to this thread so they can be seen.

CoopHome: Have coins and stamps every been used for a different purpose?
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/
Edited by coop
05/17/2022 11:08 am
  Previous TopicReplies: 7 / Views: 294Next Topic  
 
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