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 Replies: 13 / Views: 1,409 |
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Valued Member
United States
161 Posts |
Hello everyone, first time posting here. I just recently (two weeks) started collecting coins and I've been coin roll hunting. Currently my favorite thing is wheat pennies! I ordered a lot of 10 Wheat penny rolls on ebay, and I've been looking through them and so far I've enjoyed what I've found! Here's my most recent find:   It's kind of hard to see in the picture, but there is a lamination error on the reverse starting at the you in united down past "America". My question is, how do I put a value on error coins? I normally search ebay and see what other coins have sold for, but I haven't seen any other 1955-D AU Wheat Pennies with lamination errors. Also, this is an AU penny right? I don't know how to grade coins yet :) Thanks for the help! Edited by shaban
07/14/2013 10:44 pm
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Pillar of the Community
743 Posts |
It takes years of looking at ended auctions to figure the pricing out and even then you will still have a hard time because the values are always changing. Find out what kind of premium a small lamination will bring and apply that to the value of the coin in a certain grade. Sometimes there is more to it than that but that is a good start.
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Moderator
 United States
56855 Posts |
 to CCF. Are you sure that's a LAM? From the photo it looks like PMD. John1  |
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Valued Member
 United States
161 Posts |
Quote:
It takes years of looking at ended auctions to figure the pricing out and even then you will still have a hard time because the values are always changing. Find out what kind of premium a small lamination will bring and apply that to the value of the coin in a certain grade. Sometimes there is more to it than that but that is a good start. Thanks for the advice, do you have any idea in mind what it might be worth? Quote: to CCF. Are you sure that's a LAM? From the photo it looks like PMD. John1 Thanks! Yes I'm sure it's a lam error, I'll try to take a better picture of it tonight! |
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Pillar of the Community
United States
2651 Posts |
to the forum. This is a great group of people with alot of knowledge. With the series of marks leading up to the larger area in question I would say PMD also. The all align up as if something went across the coin. Both rims also have marks along the same line. With the pictures provided that's would be my opinion however closer pics would give us a definitive answer. Edited by Jayman931
07/15/2013 12:26 pm
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Valued Member
United States
161 Posts |
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Pillar of the Community
United States
2624 Posts |
Try removing the coin from the holder,otherwise photos are very well done.
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Pillar of the Community
United States
2651 Posts |
Also try taking the photo from straight on. If you notice the small marks are out of focus because it is closer to the lens. Those are good pictures but with better photos come better answers. Your photos are way better than my first attempts and coins.
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Bedrock of the Community
United States
62064 Posts |
It is a lamination on the reverse. The area in question is in a straight line and probably extends out further. The coin has some marks on the obverse that would reduce the grade. Depending on how deep these are, affects the grade even more.
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Valued Member
United States
161 Posts |
Alright, I followed the advice in this thread (thank you every one for your patience) and this is the best picture I could get of it. Sorry still poor quality, but all I have to work with is an iPhone.  |
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Bedrock of the Community
United States
17884 Posts |
I'm not sure if it is a lamination or a small strike through. I think the other marks may be incidental.
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Pillar of the Community
United States
1053 Posts |
According to the RB, a small lamination error on a 95% copper Lincoln would bring $3.
Not too great but it's something. Thats if it really is lamination.
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Pillar of the Community
United States
2624 Posts |
It is a lamination, not a typical one because most of it is below the surface. The area between the "U" & "N" is clearly a lamination peel.
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Valued Member
United States
161 Posts |
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Replies: 13 / Views: 1,409 |
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Posted 07/15/2013 07:59 am
