Hello all, this is one of my first posts, thank you for welcoming me to your family. Anyway, I was looking through a box of penny's last week and ran into this weirdo Lincoln piece. Was unsure what to make of it. Can I get verification on lamination error? How much value you think it holds? Not in the best shape but I think it's nice. It reminded me of the lamination error cent excitement in this video:
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I just revisited your topic today and noticed the video you have posted, whomever made this video and advised the coin owner to send it in has no clue and wrongfully caused that person a good $30-$40 loss for sending the coin to TPG, WHICH WAS AN ABSOLUTE WASTE! your coin and the coin in the video are worth just a face value 1 big Cent!
Getting it graded was the biggest mistake ever. It was also labeled incorrectly as well. That Linear Plating Bubble doesn't add any value at all to the coin. There's no premium for it (only worth face value). What a waste of money that was!
Yes, NGC used a completely incorrect terminology for this so called 'error' coin. Lamination errors only happened on the Copper Cents, not the Copper plated Zinc cents. A Lamination is completely impossible to happen on Copper plated Zinc planchets. Also the person that told the other person to send it in is completely clueless and very ignorant. I wouldn't use YouTube, as there's so much misinformation being spread around about this hobby.
Laminations can happen on Zincolns but they are rare. I agree the coin in the video is NOT a lamination, just a plating bubble. So on the video makers advice they sank $30 to $50 dollars into a coin worth 1 to 5 cents.
The video makers claim that "nothing like this had ever been seen before" is pure bunk. Linear plating bubbles are seen all the time.
I agree both coins seem similar in that they resemble a plating (bubble) issue. I can only speculate at NGC's diagnostic procedures. I'd assume they would have access to basic diagnostic tools ranging from a toothpick to x-ray analysis.
My thinking is, saying a Lam on a copper plated zinc coin is a rare event, would be correct. To say its an event that can not ever happen or "completely impossible" I still question. Thanks, Doug.
I've seen several instances where any anomaly on a Lincoln Cent that involves the head area is discussed as a "shot through the head" or something along those lines. It happens often offsite, but it can migrate onto this forum from time to time. I don't think using terminology such as that is clever or funny. We should have more respect for one of our greatest presidents than to reference an awful event in such a way. I hope we can consistently use other more "numismatically correct" terms for these occurrences.
I hope I'm not stepping on too many toes, but if I did - well that's what a rant is for, right? Now back to the fun.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
Quote: Yes, NGC used a completely incorrect terminology for this so called 'error' coin
But...but...but...they are paid professionals...they use THREE trained experts to...and...and...and... Oh...well...no wonder... it wasn't slabbed by more expert experts who were paid to do this: http://goccf.com/t/322364
or maybe this:
Or maybe this one:
Just look around, its not hard to find similar examples with other coins.
Disclaimer: I am not slamming anyone for liking slabbed coins - they look great in a collection if you like them. Hobbies are about FUN . I am pointing out to newbies who may stumble onto this thread that they need to carefully & evaluate every COIN - not the plastic or the printed label (or marketing department). In other words - what CCF's motto says: Education is the key to collector success.
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Posted 01/29/2019 4:26 pm
your coin and the coin in the video are worth just a face value 1 big Cent!
. I am pointing out to newbies who may stumble onto this thread that they need to carefully & evaluate every COIN - not the plastic or the printed label (or marketing department). In other words - what CCF's motto says:
