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Replies: 24 / Views: 3,556 |
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Pillar of the Community
United States
1704 Posts |
I bought this Encased Cent at a once a month outdoor antiques/collectibles event. The guy I bought it from had no clue the cent was a better date and its value in higher circulated grades. I paid $5.00 for it. It is in the shape of the Liberty bell with some very nice embellishments on both sides. On the obverse it reads KEEP ME AND / NEVER GO BROKE at the top of the bell and at the bottom is I BRING GOOD LUCK. On the reverse is SOUVENIR OF PHILADELPHIA, PA encircling the coin in the center. The coin looks to be at least an XF and what I find interesting is a Denver mint coin was pressed in it where it would seem it should have had a Philadelphia mint coin instead.     Ed ANA LM-3175
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Pillar of the Community
United States
2077 Posts |
LOL, that is funny that it's a D. I doubt that anyone looked at the coin other than to make sure it was aligned right. BTW, keep it encased. The process messes up the rim. Makes it look like a pulley.
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Pillar of the Community
 United States
1704 Posts |
I like it exactly the way it is I would never pop it out. If anyone has a better date Licoln encased please post yours here also. It would be interesting see what others were done and the style of encasement they were put in. Ed ANA LM-3175
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Pillar of the Community
United States
2077 Posts |
A couple months ago, I saw a white metal squatting dog with a 1909 VDB protruding from it. Date was partially covered and I was wondering if it were an S. Should have gotten it, but the seller wanted too much.
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Moderator
 United States
23522 Posts |
No longer in my collection, but it meets your criteria:  
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Bedrock of the Community
United States
17884 Posts |
I've seen a 14 D cent in an encasement but I don't remember what type of encasement it was.
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Pillar of the Community
United States
1795 Posts |
Its a nice find and it looks good in the encased holder.
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Pillar of the Community
United States
8515 Posts |
I have a bunch of em. I don't know if I have any key dates but I like this one...  
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Bedrock of the Community
United States
20753 Posts |
Keep it. Makes for a great conversation item.
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Pillar of the Community
 United States
1704 Posts |
Very nice 1922-D SsuperDdave, I especially like the wood grain toning on the reverse. The toning on 52Raymo's piece is also very eye appealing. Nice stuff, thanks for sharing. I don't plan on letting this one go anytime soon. Non horse shoe shaped Encased Cents are not too common and I might even start to look for more odd shaped to go with this one. Ed ANA LM-3175
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Moderator
 United States
187702 Posts |
Very nice! 
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Valued Member
United States
293 Posts |
Gyrene7483: To pop it out or not that is the question. If that 1931-D were mine and it was not encased I'd probably try to sell it for between $15 to $20. Because it is encased my guess would be that it would bring at least that on ebay. It is a novelty item so this is one of those things you need auction fever for. If you want to sell it I try to get more like $30 for it which is in the AU-50 range for a 31-D. The great news is that you got it for $5 so you're in the money either way. Me I honestly would keep it as it is cause it's really neat. Think about what it adds to your set of Lincolns.
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Bedrock of the Community
United States
17884 Posts |
The problem is it is a white elephant. A collector of encasements may be willing to pay a little more because it is a semi-key date coin but not much more because it is the encasement he is interested in not the coin. If he can get the same encasement with out the semi-key he will be just as happy. Possibly happier because he can buy it for less. A coin collector will have very little interest in it because it is in the encasement. He collects coins not encasements so he will not pay much even though it is a semi-key coin. If you pop the coin out of the encasement you then have a mutilated encasement of little or no interest to the encasement collector and a damaged semi-key coin of very little interest to the coin collector except at a steep discount. Lets say this is typically a common encasement worth $5 And that a problem free 31-D in that grade is a $30 coin. In the encasement an encasement collector might be willing to pay $7 - $10 because of the better date coin. Pop it out of the encasement and you have a PMD damaged 31-D that you might be able to get $10 for instead of $30.
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Pillar of the Community
United States
2764 Posts |
Good points, Conder101.
However, what about the hybrid type of collector (coin-encasement collectors) that's looking for the best of both world? Does that even exist?
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Pillar of the Community
United States
8515 Posts |
Put it in an album and you would never see the edge lol.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Bedrock of the Community
United States
17884 Posts |
Quote: However, what about the hybrid type of collector (coin-encasement collectors) that's looking for the best of both world? Does that even exist? It might but it starts to become a question of which is rarer, the collector or the collectible? And when you do find him, why should he pay much of a premium? Who else are you going to sell it to?
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Replies: 24 / Views: 3,556 |