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Off Center LMC Help Please

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Author Previous TopicReplies: 15 / Views: 2,002Next Topic  
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2ManyQuestions's Avatar
United States
41 Posts
 Posted 07/19/2014  7:39 pm Show Profile   Bookmark this topic Add 2ManyQuestions to your friends list Get a Link to this Message Number of Subscribers
Hi,

I may have been a fool, or I was taken for one. I observed something that seem to be overlooked.

I purchased the coin below via BIN. It was listed for under an hour.

It had this as the description:


Quote:
(title)
U.S. Mint Error Coin- Off Center Lincoln Memorial penny 19? Copper Mis-Strike!

Off Center Copper Penny- Uncirculated with Partial date!

Coin was put on jewlery scale to determine weight. Penny is copper, not zinc. (Pre 1982).


Off-Center-LMC-Help-Please
Off-Center-LMC-Help-Please
Off-Center-LMC-Help-Please
Off-Center-LMC-Help-Please


Edited by 2ManyQuestions
07/19/2014 7:48 pm
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jasper62's Avatar
United States
2189 Posts
 Posted 07/19/2014  7:59 pm  Show Profile   Bookmark this reply Add jasper62 to your friends list Get a Link to this Reply
Without looking at the reverse I was thinking it was a wheat back. All most looks like 195? but that's not possible.Is that what your thinking or have I missed something else
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OcalaFlorida's Avatar
United States
2824 Posts
 Posted 07/19/2014  8:02 pm  Show Profile   Bookmark this reply Add OcalaFlorida to your friends list Get a Link to this Reply
? looks good to me..

it is a 1959 you can see the 5 and 1959 is only year in 1950's with Memorial

it is a off center 1959 Lincoln Memorial cent
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Matteproof's Avatar
Korea, Republic Of
1881 Posts
 Posted 07/19/2014  8:02 pm  Show Profile   Bookmark this reply Add Matteproof to your friends list Get a Link to this Reply
We cannot determine the mintmark, but we can see that it is a 1959 LMC.
When you look carefully, you can see the top left of the "5," and the only 50s LMCs are 1959s.
The higher relief portrait gives it away that this was pre-1969, too.
Edited by Matteproof
07/19/2014 8:03 pm
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jasper62's Avatar
United States
2189 Posts
 Posted 07/19/2014  8:08 pm  Show Profile   Bookmark this reply Add jasper62 to your friends list Get a Link to this Reply
Good eye both of you.I entirely missed the fact 1959 was the first year of the design change to the memorial Bldg. Good pick up
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52Raymo's Avatar
United States
8517 Posts
 Posted 07/19/2014  8:38 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Awesome coin !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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2ManyQuestions's Avatar
United States
41 Posts
 Posted 07/24/2014  11:58 pm  Show Profile   Bookmark this reply Add 2ManyQuestions to your friends list Get a Link to this Reply

Quote:
? looks good to me..

it is a 1959 you can see the 5 and 1959 is only year in 1950's with Memorial

it is a off center 1959 Lincoln Memorial cent


That's correct. The reason I made this post was to figure out why this seller did not list it as a 1959, when that is the ONLY year the coin could be. The seller is not coin dealer by volume. She sells a ton of vintage toys with a mix of 10%-20% of her total items being coin errors. So while she sells more leggo sets and vintage etch-a-sketches, she is not completely ignorant.

The other thing I have been wondering but can't find a definitive answer is whether an off center from 1959 would carry more value since it was the first year of the design - or whether it would actually carry less/ I can't find any good historical values for off-center LMC that is properly conclusive.

Finally, I mentioned the coin was up for only an hour. It was 7 day auction with a BIN that was 75% higher than opening bid (there were no bids yet). However, in that 1 hour, there were 3 watchers. I got excited that I figured out the year immediately, I got nervous about the watchers that found it fast, and caught up in the fact that I had outsmarted a vendor so I pulled the trigger without even 20 seconds to research anything. I got a really strong AU 1916 "No F" cherry picker coin for $4.95 this year because the vendor did not realize what it was. It was a VERY experienced vendor but he was on the last of his stock from liquidating his coin shop of 60 years so I figured he forgot.

Due to all of this, I paid $25 for this '59 and want to know how I did.

Thanks for the responses thus far. I am not able to come to CCF daily so I apologize if I seem to ignore replies. Far from it!!
Edited by 2ManyQuestions
07/24/2014 11:59 pm
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ErrorCoins222's Avatar
United States
1699 Posts
 Posted 07/25/2014  10:35 am  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list Get a Link to this Reply

Quote:
Due to all of this, I paid $25 for this '59 and want to know how I did.


I think you did okay at that price. While we know the date of this piece, it still will not command the premium of a full-date example. Most collectors prefer the full date examples when they're collecting full-date off centers.
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52Raymo's Avatar
United States
8517 Posts
 Posted 07/25/2014  1:03 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I would consider it a full date knowing that it can't be anything but a 1959. (which makes it even cooler)
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Edited by 52Raymo
07/25/2014 1:05 pm
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Dar's Avatar
United States
1476 Posts
 Posted 07/25/2014  1:51 pm  Show Profile   Bookmark this reply Add Dar to your friends list Get a Link to this Reply


NOW what you do is start looking for VAR's for that year and see if you can find out more! MIGHT even be able to narrow down the Mint Location!

You could start by looking here;

http://www.coppercoins.com/advsearch.php


Now THAT would be COOL!

EDIT:

Just Noticed, You MIGHT want to think about taking a pair of FLAT needle nose pliers and flattening out those staples before something BAD happens.

Just say'n



Edited by Dar
07/25/2014 1:58 pm
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ErrorCoins222's Avatar
United States
1699 Posts
 Posted 07/25/2014  3:21 pm  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list Get a Link to this Reply

Quote:
I would consider it a full date knowing that it can't be anything but a 1959. (which makes it even cooler)


Would you still consider it a full date if no digit of the date was present but could determine it based on die characteristics alone?
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CopperCastle's Avatar
United States
1132 Posts
 Posted 07/25/2014  3:39 pm  Show Profile   Bookmark this reply Add CopperCastle to your friends list Get a Link to this Reply
Good question Error, neat coin!
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52Raymo's Avatar
United States
8517 Posts
 Posted 07/26/2014  11:41 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply

Quote:
Would you still consider it a full date if no digit of the date was present but could determine it based on die characteristics alone?

Like a 1916 SLQ with no date ? . I would love it up even if no digits show.

I think this 1959 is uber cool just the way it is. The missing nine just sweetens the coin that much more. To me it creates a coin even more desirable than if the nine was there.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Dar's Avatar
United States
1476 Posts
 Posted 07/26/2014  11:45 am  Show Profile   Bookmark this reply Add Dar to your friends list Get a Link to this Reply
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2ManyQuestions's Avatar
United States
41 Posts
 Posted 08/08/2014  10:14 pm  Show Profile   Bookmark this reply Add 2ManyQuestions to your friends list Get a Link to this Reply
As always, thanks all for your insight. I guess I will never know if the vendor knew or not but I don't care any longer because some of youse' people that really know coins think it is cool. That means I could not have over paid by too much.


Quote:
Just Noticed, You MIGHT want to think about taking a pair of FLAT needle nose pliers and flattening out those staples before something BAD happens.


Dar, I just got back from a long trip to Denmark and there is not a soul in the entire country that has even a semblance of a funny bone. The bodies of most Danes actually look stiff. Even the comedians are awful. Their sets consist of talking about how being funny is really not that funny. I am able to study their body language because they don't make eye contact with other humans - most couples in restaurants will go a whole meal without a word or eye contact with each other. Wait, I guess that's irrelevant since my wife is known to do this and she is from the land of funny, the hometown of Boris Yetlsin. If he was not funny, then well...

Hm, let me get back on track.. I think my humor detector is malfunctioning. Are you serious about flattening the staples? if so, what am I trying to avoid? I have a ton of coins that have more value than this one which exhibit in similar staple disabilities.
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Dar's Avatar
United States
1476 Posts
 Posted 08/09/2014  11:26 am  Show Profile   Bookmark this reply Add Dar to your friends list Get a Link to this Reply

Quote:
2ManyQuestions asked:

Are you serious about flattening the staples?


Yes I am.

Many people can attest to the fact that they had Not flattened out staples and the staples have ended up scratching/marring or otherwise ruining another coin kept under/next to each other.

Unless you have a Flat Cinch Stapler that is.

Just trying to head that off for you.

Hope that helps.

Dar

By the way, I REALLY like that coin of yours.
Edited by Dar
08/09/2014 11:28 am
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