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Lincoln Pennie Errors?

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Author Previous TopicReplies: 13 / Views: 1,599Next Topic  
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coincollect1's Avatar
Canada
1731 Posts
 Posted 04/21/2012  10:15 pm Show Profile   Bookmark this topic Add coincollect1 to your friends list Get a Link to this Message Number of Subscribers
*** Moved by Staff to a more appropriate forum. ***

Lincoln-Pennie-Errors?



Lincoln-Pennie-Errors?
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Jayman931's Avatar
United States
2651 Posts
 Posted 04/22/2012  01:38 am  Show Profile   Bookmark this reply Add Jayman931 to your friends list Get a Link to this Reply
The 1963 looks like Post Mint Damage to the date... the 64 looks like it is a very mild greased filled die. No extra value in my opinion. I am not an expert though.
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John1's Avatar
United States
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 Posted 04/22/2012  04:59 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

John1
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coincollect1's Avatar
Canada
1731 Posts
 Posted 04/22/2012  10:24 am  Show Profile   Bookmark this reply Add coincollect1 to your friends list Get a Link to this Reply
Thanks guys. I knew the first was PMD but was just checking. Thanks
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United States
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 Posted 04/22/2012  6:25 pm  Show Profile   Bookmark this reply Add monkeyman67 to your friends list Get a Link to this Reply
I was thinking the same thing.
It is nice to know that I have learned something from
all of this. Thanks.
Bedrock of the Community
United States
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 Posted 04/22/2012  9:52 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
If you go to coin shows you would see minor errors such as the faded date coin selling for from $1 to $10.
At one coin show I go to there is a dealer that sells nothing but error coins. And he has lots like yours.
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perfessor's Avatar
United States
927 Posts
 Posted 04/22/2012  11:46 pm  Show Profile   Bookmark this reply Add perfessor to your friends list Get a Link to this Reply
Are these really considered error coins? I never thought so. I have run across these before and I just let them go. Should I be keeping them?
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CelticKnot's Avatar
United States
12819 Posts
 Posted 04/23/2012  12:06 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
The struck-through-grease coin is technically a mint error but not worth anything. IMO you need to have really strong examples of struck-through-grease to command a premium on a coin. The other one is PMD and wouldn't have any positive impact on any value. That's Two Cents right there.

I come across lots of nickels that have weak dates from the struck-through-grease thing, and I'll keep the best examples mostly as a curiosity, but it's not worth it to me to post a $10 auction on ebay for it when it won't sell.

Question is, how many do these sellers actually sell? I don't think anyone that knows what they are doing would pay for that unless it is a really unusual example. I did just check ebay and there are lots of auctions of exactly what you're saying. Crazy, but if people are willing to part with their cash, whatever.
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 Posted 04/23/2012  10:59 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
The struck-through-grease coin is technically a mint error but not worth anything.

As I mentioned at coin shows all types of errors are becoming a bigger and bigger seller. There are more and more error collectors now. This is due to the popularity of coin collecting and many coins are just not available. So collectors are going into other modes such as type sets and error coins. At some coin shows the smallest of errors sells easily.
One more thing is it is PENNY not PENNIE. Or is it?
Edited by just carl
04/23/2012 11:00 am
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coincollect1's Avatar
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 Posted 04/23/2012  4:39 pm  Show Profile   Bookmark this reply Add coincollect1 to your friends list Get a Link to this Reply
I dont know LOL I call it pennie.
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Buddy's Avatar
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 Posted 04/23/2012  5:09 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
I call it a cent.

I had no idea that anybody was really buying the error coins...I mean the ones with minor errors. But it is a lot of fun to look for errors and varieties.
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coop's Avatar
United States
62064 Posts
 Posted 04/24/2012  02:14 am  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
With a large portion of the devices missing there is more interest. I save the extreme ones for educational material. I have a real nice one I post often:
Lincoln-Pennie-Errors?
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Buddy's Avatar
United States
7075 Posts
 Posted 04/24/2012  11:05 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply

coop

Yikes! I think I see a zero in the date but that's about it.

I have to say that I get a real kick out seeing a coin like that. It's not the same as holding a really old coin and imagining where it's been, or admiring a really gorgeous coin...but nevertheless, I get a real kick out of these.

Thanks for sharing!
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coop's Avatar
United States
62064 Posts
 Posted 04/24/2012  11:10 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
I think it is a 2000.
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