| Author |
 Replies: 13 / Views: 2,050 |
|
|
Pillar of the Community
United States
1193 Posts |
I quote the sellers listing... A very nice example of this rare key date Wheat cent. Great original chocolate brown color and tone. As a bonus to an already great coin, this coin has a Planchet error on the reverse know as a lamination error! This certainly is NOT damage rather a true mint error. Truly a great coin to add to your collection! Grades Very Fine/ Extra Fine What is your take on this? Here are the photos...       |
|
|
|
Bedrock of the Community
United States
12437 Posts |
My take is that the ginormous lamination would knock several hundred dollars off the value, most likely the exact opposite of what the seller thinks it does for the coin. A massive lamination on a key coin is the equivalent of damage, it is just plain ugly and will devalue the coin in virtually all cases. Anyone wanting a nice EF 09-S VDB will pass by this coin and an error collector looking for a lamination is not going to be looking at high dollar key coins.
|
|
Moderator
 United States
23522 Posts |
http://www.pcgs.com/News/Counterfei...incoln-CentsI've no right to claim expertise, but I've studied the subject once or twice. This one kinda looks like MM#2 - awaiting more knowledgeable input - but if genuine I can't help but be far more interested in it because of the lamination. If real? Cool. Cleaned, though.
|
|
Pillar of the Community
 United States
1193 Posts |
Very interesting. I personally agree its not that great looking, just was curious as to my fellow neighbors thoughts on this.
Ssuperddave can't wait to hear from others too.
|
|
Pillar of the Community
United States
3345 Posts |
ssuperddave-if it was cleaned, it was an OLD cleaning. I personally think the lamination is cool. would I rather have a 1909SVDB with a lamination error than one without? yes I would.
|
|
Pillar of the Community
United States
1193 Posts |
It sold on ebay for 760.00 I guess a bargain! |
|
Bedrock of the Community
United States
14454 Posts |
most people want a key date to be without problems and the TPG's will always put lamination errors in details holders so most people do not want these types because of that reason. My personal opinion is that lamination should not warrant a details holder but the TPG's disagree |
|
Pillar of the Community
United States
1721 Posts |
Personally, I think this error muddies up the coin. If I was seeking a nice 1909S VDB, why would I want this coin? If I was a collector of errors, would I tie up large amounts into a coin that nobody else would go nuts over? But on ebay you never know what could happen. There may be a buyer who flips over this coin and buys it with emotion and not knowledge. |
|
Valued Member
United States
162 Posts |
Lamination errors definitely kill the value of a coin for me. Less of an error and more along the lines of damage in my opinion, even though it's technically a mint error.
EDIT: Actually now that I think more about it, there are certain cases where a lamination would demand a premium for me. Only if the original coin (without the error) was almost worth face value. I might pay $1 for a penny (worth almost face) that has a large lamination error, just for kicks.
Edited by TheCentMan
11/26/2012 10:47 pm
|
|
Pillar of the Community
United States
3592 Posts |
Sorry, but I wouldn't call a lamination on a key date a "bonus".
|
|
Pillar of the Community
United States
7840 Posts |
I am kinda on the fence with this one...slab it "problem free" (TOP III) and I am all for it!
|
|
Pillar of the Community
United States
2335 Posts |
I've got one that has the lamination on the obverse. It's in an ANACs problem free slab. I've tried selling it here a couple times with no success. Right now it's sitting in my display case at the antique mall. Here's a pic:  |
|
Pillar of the Community
United States
1211 Posts |
Guess I'm the only one who likes the lamination.
|
|
Pillar of the Community
United States
1193 Posts |
TRD... Well that's an attractive one lol
|
| |
Replies: 13 / Views: 2,050 |
|
Posted 11/26/2012 7:01 pm
