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1960-P LMC Keeper Material Or Not?

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SF11Dude's Avatar
United States
746 Posts
 Posted 01/14/2018  6:58 pm Show Profile   Bookmark this topic Add SF11Dude to your friends list Get a Link to this Message Number of Subscribers
Q1) Is the Die Chip on last column and skull cracks a "keeper"
Q2) How do you know what is fair for errors/varieties when an offer is made since the values are all over the place?
Thanks!
1960-P-LMC-Keeper-Material-Or-Not?
1960-P-LMC-Keeper-Material-Or-Not?
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Coinfrog's Avatar
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94367 Posts
 Posted 01/14/2018  7:05 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Minor "errors" like this (a better term is "everyday production flaws") are worth very little - thousands of these small anomalies are being stamped as we speak. For a coin from as far back as 1960, perhaps a bit more, but not much.
Edited by Coinfrog
01/14/2018 7:08 pm
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cwb's Avatar
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3463 Posts
 Posted 01/14/2018  7:14 pm  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply
When they are that small, I usually throw them back.
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SF11Dude's Avatar
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746 Posts
 Posted 01/14/2018  7:28 pm  Show Profile   Bookmark this reply Add SF11Dude to your friends list Get a Link to this Reply
Works for me; trying to understand what constitutes value in varieties...Thanks!
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Mark1959's Avatar
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 Posted 01/14/2018  7:33 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply

Quote:
When they are that small, I usually throw them back.


Maybe - But I collect them all as a full album of 5 centers = money in the long run!!
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coop's Avatar
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62064 Posts
 Posted 01/14/2018  7:34 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Mostly used for ID for varieties, but on this year many of them have die chips on the 12 column. So it is a copper melt coin for any premium.
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Buddy's Avatar
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7075 Posts
 Posted 01/14/2018  7:34 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
It seems to me that the prices for the major die varieties is relatively stable especially when compared to error coins.

The best way to find the value is to look at the SOLD prices for similar items on ebay. Condition/grade matters in error coins just like any other coin. The black spots on your cent would hurt the value.

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moxking's Avatar
United States
17900 Posts
 Posted 01/14/2018  8:05 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Put it this way.

If you are fishing with minnows and you catch a fish but you would swear your minnow had been bigger, than you've established the value of most of these errors, too.

Die chips, cracks, and MD are so so so so common that we see Dozens of them here every day.

Like em? Keep em. But don't expect they will ever be worth anything.
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