$50,000 For A 1959-D Lincoln Cent "mule"

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Author	Replies: 7 / Views: 6,298
CCFPress Press Manager United States 1420 Posts	Posted 06/09/2019 06:57 am Numismatic News - The 1959-D Lincoln Cent should have the Lincoln Memorial reverse, as 1959 was the year the United States Mint retired the Wheat reverse. However, as many already know a 1959-D with the Wheat reverse has been discovered and has gone to the auction block a few times. This 1959-D Lincoln Cent "mule" bears the 1959-D obverse paired with the 1958 Wheat reverse. The oddity being discussed here was purchased by Leon Baller, a retired police offer, in 1986. Baller discovered the oddity and sent the coin to the U.S. Treasury in 1987 for authentication and received back a letter signed by Richard M. McDrew, a special agent for the Department of Treasury, which stated, "Enclosed is your United States 1¢ coin, dated 1959-D, with wheat reverse. This coin was microscopically examined by our Forensic Services Division in Washington, D.C. and it is their opinion the coin is genuine." Read the entire article Report this Post to the Staff

sel_69l Bedrock of the Community Australia 21786 Posts	Posted 06/09/2019 07:44 am Are these scarcer than the 1913 Liberty Head Nickel? The value implication of such a question should be obvious. One report on Google that I have read indicates that only one example exists. A Google search that I did reveals that there is still some doubt about it's authenticity, despite professional assessments declaring it to be genuine. I guess that several attempts have been made to produce a 'one off' very high quality fake. That suggests to me that it is either a fake, or an illegal mint sport, made on official minting machinery. If an illegal mint sport, then the U.S. Mint should have reclaimed the coin, but they didn't. - Why? Is there any record to suggest that it may have been made by the U.S. Mint? The Chinese would never make a single fake copy only. They like to make lots of copies. One method would be to make separate obverse and reverse dies by the explosive impact method, from separate, genuine, well struck, high condition common coins. Edited by sel_69l 06/09/2019 08:19 am Report this Post to the Staff
Errers and Varietys Bedrock of the Community United States 73937 Posts	Posted 06/09/2019 11:06 am I still have my doubts about this coin being legitimate. I think it's a well made fake. Errers and Varietys. Report this Post to the Staff
Panther Pillar of the Community United States 751 Posts	Posted 06/09/2019 11:44 am Has anyone ever compared the die markers on this coin to known 1959 examples of LMC coins. All it would take would be 1 single undisputed match of a die marker to prove the coin indeed did come from the mint. Either compare Obverse or Reverse for matches. Dan Report this Post to the Staff
jimbucks Pillar of the Community United States 4691 Posts	Posted 06/09/2019 12:00 pm If one reads https://www.deseretnews.com/article...e-penny.html Many would consider this case closed. Report this Post to the Staff
Earle42 Bedrock of the Community United States 10034 Posts	Posted 06/09/2019 2:04 pm Quote: If one reads https://www.deseretnews.com/article...e-penny.html Many would consider this case closed. While I don't know if the 1959 wheat is real or not (and it does not matter to me), this article concerning Mark Hoffman claiming he made the coin does not provide much useful info. The article says Hoffman is a criminal and a known liar. The bulk of the article tries to use Hoffman's ability to make expert-fooling forged documents be evidence towards him making this coin (two different world's). The only faked coins Hoffman made for sure that are mentioned are simplistc: Quote: When he was still in grade school he sold a friend a nickel with a buffalo on both the front and back (when the friend got it home and took it out of the plastic, it turned out to have been two nickels glued together) and Quote: Later, as a teenager, he sold at least one coin whose mint mark he had altered... Considering these two attempts were easily discovered, Hoffman's cited forged coins are a far cry from the alleged '59 Wheat cent that was called genuine after: Quote: ...investigated last spring by the Counterfeit Division of the U.S. Secret Service, which declared the coin authentic. The testing included examination under a 200-power optical scanning electron micrograph, according to Coin World magazine. The article also implies the specific gravity of the coin, as well as its weight, is in line with a real cent. A fake coin that can undergo professional testing like this plus be submitted to the TPGS and have them make a "no decision" instead of outright calling fake also seems to indicate the issue is not settled. @Panther Quote: All it would take would be 1 single undisputed match of a die marker to prove the coin indeed did come from the mint. Either compare Obverse or Reverse for matches. Good idea. How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halves https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 Edited by Earle42 06/09/2019 3:34 pm Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 06/09/2019 3:12 pm To my knowledge no TPG has ever been willing to authenticate it. Many Lincoln Cent experts do not consider it a legitimate cent minted at a U.S. Mint. ANA #R3154474 Report this Post to the Staff
Earle42 Bedrock of the Community United States 10034 Posts	Posted 06/09/2019 3:34 pm I do know the existence of this one coin is the reason Daniel Carr once told me he was not going to make one as a fantasy coin issue. How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halves https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 Report this Post to the Staff
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$50,000 For A 1959-D Lincoln Cent "Mule"