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2003-P Non-Magnetic One Cent, PL Strike

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SPP-Ottawa's Avatar
Canada
10456 Posts
 Posted 12/21/2015  10:21 am Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this topic Add SPP-Ottawa to your friends list Get a Link to this Message Number of Subscribers
First I have heard of one for this year, I suppose his asking price is not unreasonable, considering what the first 2005P non-magnetic hammered down at auction.

http://www.ebay.ca/itm/ERROR-2003P-...291643275251
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Canada
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 Posted 12/21/2015  10:26 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Yes, but about 8 months latter the Coin Show was hawking the 2005 versions for 2500 to 3000.00, this coin is kind of cool but not 10 grand cool.
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SPP-Ottawa's Avatar
Canada
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 Posted 12/21/2015  10:41 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
To me, it is a wrong planchet error, nothing more. Frankly, I'd rather have a 2003P 1c struck on a 10c planchet...
"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 Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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 Posted 12/21/2015  10:52 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Totally agree, nothing like a coin struck on a different colour metal just stands right out.
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qbvbsite's Avatar
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 Posted 12/21/2015  5:17 pm  Show Profile   Bookmark this reply Add qbvbsite to your friends list Get a Link to this Reply
The completionist would love to have this in my collection but not for anywhere near 10K.
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darryldarryl's Avatar
Canada
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 Posted 12/21/2015  8:41 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
If memory serves me correct about 6 months ago a 2003P non Magnetic was sold at one of the regular auctions here for about $2100 Cdn.

Smallcentguy will probably remember this one.
I believe it was graded by ICCS.
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 Posted 12/21/2015  10:23 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
Yes....the auction was more like 18 months ago at that price...... and SPP you forgot I put it in your hand!

TCNC sold another maybe a year ago for a little under $10,000.
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darryldarryl's Avatar
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 Posted 12/22/2015  07:38 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
My guess is that several more will come out of the wood work.
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chadcoins's Avatar
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 Posted 01/28/2016  1:45 pm  Show Profile   Bookmark this reply Add chadcoins to your friends list Get a Link to this Reply
For those who followed my auction, I cut the set and got this back from ICCS and as suspected grade of a MS67.

2003-P-Non-Magnetic-One-Cent,-PL-Strike
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Canada
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 Posted 02/25/2017  1:12 pm  Show Profile   Bookmark this reply Add Canada67 to your friends list Get a Link to this Reply
Another 2003P non-magnetic penny up for grabs today, this one is at the Torex Auction. Graded PL68 by PCGS, the bid is currently at $3500.00.
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JimmyD's Avatar
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 Posted 02/25/2017  1:42 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Can't be a PL68.
PL coins were discontinued in 1980.
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Canada
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 Posted 02/25/2017  1:51 pm  Show Profile   Bookmark this reply Add Canada67 to your friends list Get a Link to this Reply
JimmyD, I wondered about the grade myself, however, that is the grade that was assigned by PCGS. Check out lot #1045.


http://auctions.canadiancoinsandpap.../76/lot/1045

Edited by Canada67
02/25/2017 1:55 pm
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 Posted 02/25/2017  2:52 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
PCGS uses the PL designation for cents right up 'til 2010.
"Dipping" is not considered cleaning...
-from PCGS website
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Canada
320 Posts
 Posted 02/26/2017  4:18 pm  Show Profile   Bookmark this reply Add Canada67 to your friends list Get a Link to this Reply
The 2003P non-magnetic one cent sold yesterday for $4,130.00, including buyers premium. It is certainly nice to see that a modern day error can realize a healthy selling price. For me, that is one of the things that makes coin collecting so enjoyable. The set that this coin was in probably sold for less than $30 from the mint. I do not own this coin and I currently could not justify spending 4,000.00 on one coin, but I still have the opportunity to own one. All I have to do is be patient and keep hunting.
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