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Encased 1931-D Lincoln Cent

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Gyrene7483's Avatar
United States
1704 Posts
 Posted 07/14/2013  11:09 pm Show Profile   Bookmark this topic Add Gyrene7483 to your friends list Get a Link to this Message Number of Subscribers
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.

Encased-1931-D-Lincoln-Cent

Encased-1931-D-Lincoln-Cent

Encased-1931-D-Lincoln-Cent

Encased-1931-D-Lincoln-Cent

Ed
ANA LM-3175
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 07/14/2013  11:38 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
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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Gyrene7483's Avatar
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 Posted 07/14/2013  11:48 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
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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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 07/14/2013  11:54 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
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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SsuperDdave's Avatar
United States
23522 Posts
 Posted 07/15/2013  07:04 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
No longer in my collection, but it meets your criteria:

Encased-1931-D-Lincoln-Cent

Encased-1931-D-Lincoln-Cent
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Conder101's Avatar
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17884 Posts
 Posted 07/15/2013  08:40 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
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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BadToTheBone's Avatar
United States
1795 Posts
 Posted 07/15/2013  09:46 am  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
Its a nice find and it looks good in the encased holder.
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52Raymo's Avatar
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8515 Posts
 Posted 07/15/2013  11:00 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I have a bunch of em. I don't know if I have any key dates but I like this one...

Encased-1931-D-Lincoln-Cent

Encased-1931-D-Lincoln-Cent
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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 Posted 07/15/2013  11:05 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Keep it. Makes for a great conversation item.
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Gyrene7483's Avatar
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 Posted 07/15/2013  2:09 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
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
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jbuck's Avatar
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atchisonbj's Avatar
United States
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 Posted 07/19/2013  08:33 am  Show Profile   Bookmark this reply Add atchisonbj to your friends list Get a Link to this Reply
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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Conder101's Avatar
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 Posted 07/19/2013  10:39 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
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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SA4H's Avatar
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 Posted 07/19/2013  1:56 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
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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52Raymo's Avatar
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 Posted 07/19/2013  2:04 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Put it in an album and you would never see the edge lol.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Conder101's Avatar
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 Posted 07/20/2013  10:40 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

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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