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 Replies: 44 / Views: 7,779 |
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New Member
United States
7 Posts |
I got this and it is only double struck on the back. Any idea of it's value? Thank you   *** Moved by Staff to a more appropriate forum. *** |
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Pillar of the Community
United States
900 Posts |
You may want to post this in the US Classic Coin Forum. You will probably attract the attention of the appropriate forum members there.
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Moderator
 Canada
10456 Posts |
Quote:
You may want to post this in the US Classic Coin Forum. You will probably attract the attention of the appropriate forum members there. Agreed, and done!  "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
United States
4409 Posts |
 to the Community There are plenty of knowledgeable large cent collectors here who will be able to chime in on its rarity and value. -MV |
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Pillar of the Community
United States
1566 Posts |
Wow! That coin rocks. I'm at work and on my phone right now so I'll have to wait to get home to look at this better. Update in a few hours.
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Pillar of the Community
United States
2797 Posts |
That's an awesome error coin. I'd recommend contacting Fred Weinberg to assess value. I visited his listed inventory of double-struck coins and the oldest he has is an 1891 Seated dime in PCGS AU-50 priced at $3800. This is by no means the price of your find, but they do trend based on condition and age. Good luck and let us know what you find. |
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Pillar of the Community
United States
1699 Posts |
Errors on large cents are rare - but they are out there, and they're relatively affordable. I have a large auction catalog with many, many examples of different errors, include double struck pieces.
In my opinion values for these coins depends on many factors. Condition is very important to value for these pieces - more so than most error coins in my opinion. Assuming it's authentic, and considering the condition of the coin, I would say somewhere in the range of $200 to $600. I could be wrong - maybe errors for this date are more desirable? But from what I've see, prices for error large cents tend to be soft.
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Rest in Peace
United States
4078 Posts |
Caballo66 to CCF. As a new person you have a potential valuable coin. The best bet is to bring it to a coin shop in your area and ask what they think. Then ask another coin shop what they think. Not sure of your knowledge about submitting or contacting other web sites as mentioned . Keep us informed. |
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Pillar of the Community
United States
1566 Posts |
O.K. back from work and at my laptop. Now that I get a good look at it, it's not only interesting that it's double struck but that it shows honest circulation wear. Many times coins like this were yanked from circulation early. I highly recommend that you get this coin authenticated by a third party grader such as PCGS or NGC. Any potential buyer is going to want professionals to sign off that this thing is genuine. ErrorCoin222's valuation is probably better than my opinion as I collect large cents but do not have the $$$ to collect something like this. Once this coin is slabbed by a TPG it's not unreasonable that this coin could fetch as much as $1000 if you find the right collector in my opinion. I've seen similar coins sell for more. |
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Pillar of the Community
Canada
4911 Posts |
you should send this coin to a conservation service, perhaps someone can give you a link to one?, if you do take it to any coin shops DON'T SELL IT, just get their opinion and kindly decline their offers to buy since well, they're in the business to make as much money as possible. I'm not saying they're bad people, they're actually the opposite but you probably wouldn't get a fair price and it would do better in auction.
Feel free to call me Will.
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Pillar of the Community
Canada
4911 Posts |
Is anyone able to explain why it if genuine can be struck on only one side.
Feel free to call me Will.
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Pillar of the Community
United States
1566 Posts |
Maybe I'm wrong but it appears to have been struck with another planchet on the obverse die. That's why someone more experienced and wiser than I needs to have a serious look at this piece.
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Pillar of the Community
United States
4415 Posts |
Welcome to the CCF, Carballo66. Yours is a rather auspicious beginning ... cool piece!
No disrespect intended to Fred Weinberg, but this error would get more astute scrutiny, methinks, by McCawley and/or Grellman, the EAC gurus of early copper. IMHO, this coin will likely find a more lasting residence in the cabinet of an early copper collector as opposed to that of a collector of errors.
As to value, I'd venture it may be in the $600-$800 range. While the grade is low, the planchet looks appealing, and the error is stark!
Edited by ExoGuy
01/21/2015 9:07 pm
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Moderator
United States
16679 Posts |
I agree that this coin would be more appealing to an early copper collector rather than an error collector.
It is a pretty rare occurrence in early LC's and would wager your coin would bring at least $600-700 at auction or sale.
An EAC collector would want this showcased raw ;-)
swcoin.ecrater.com
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Pillar of the Community
United States
6384 Posts |
Quote:
Is anyone able to explain why it if genuine can be struck on only one side. I'm also curious about this. Presumably these errors happen when a struck coin fails to eject after striking and lands back on the lower die (off-centered) where it is struck a second time. In this case both sides should show the effect of the second strike, right?  |
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Moderator
United States
16679 Posts |
Usually, a double-struck coin exhibits the most prominent strike only.
I know Fred Weinberg well. He is local. I'll ask him to clarify this for all of us in greater detail.
Caballo66, do I have your permission to send your images to him for evaluation?
swcoin.ecrater.com
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Replies: 44 / Views: 7,779 |
Posted 01/21/2015 1:40 pm
