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1989 Penny - PMD Or Mint Error?

 
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Author Previous TopicReplies: 9 / Views: 285Next Topic  
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 Posted 12/09/2022  01:11 am Show Profile   Bookmark this topic Add Meztido to your friends list Get a Link to this Message
Hello all,

I've been coin roll hunting today and stumbled on this. Thoughts?

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 Posted 12/09/2022  04:22 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Looks like a Greaser.
John1
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
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 Posted 12/09/2022  08:53 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Major Greaser, nice find!
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 Posted 12/09/2022  09:24 am  Show Profile   Bookmark this reply Add bugil46 to your friends list Get a Link to this Reply
Clogged die Greaser
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 Posted 12/09/2022  10:01 am  Show Profile   Bookmark this reply Add oddguy to your friends list Get a Link to this Reply
Nice find.
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 Posted 12/09/2022  6:24 pm  Show Profile   Bookmark this reply Add Meztido to your friends list Get a Link to this Reply
Is there any sort of premium/collectibility to this coin or are these somewhat more common than I'm thinking? I've searched at least 15 boxes of Pennie's and this is the first time I've seen on like this.
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 Posted 12/09/2022  10:58 pm  Show Profile   Bookmark this reply Add oddguy to your friends list Get a Link to this Reply
It does have a value of a few dollars. Check on e-bay for examples.
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 Posted 12/09/2022  11:13 pm  Show Profile   Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
Sometimes the grease strike will partially obliterate the design, while at other times it will completely do so. Grease strikethroughs are very common for the most part, and only grease strikes which have obliterated large areas of the coin have any added value such as yours. The exception are coin series which are rarely found with errors of any kind.

This type of error coins occurs when grease gets on the planchet or die and is struck into the coin. The grease can come from any number of sources including the minting press, which has lots of moving parts that get oiled, or it could come from the planchets themselves, which historically have at various periods in time been coated with a small amounts of oil.
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 Posted 12/10/2022  5:11 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
This is the type of Greaser you want to find. As mentioned, check eBay's sold listings for similar coins and what they sold for for a rough value. Congrats
ça va bien aller

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