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Replies: 29 / Views: 3,200 |
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Valued Member
 United States
272 Posts |
Requested pre auction estimates from the top 3 greatcollections stacks and heritage only Ian from great collections has responded stating the coin isn't worth the slabbing fees... Sorry but per auction records at all 3 houses they have never sold anything like this but have sold dozens of 60% off center cents in the $2-300 range and one unplated cent for nearly $100 mine is 60% or so off center struck on a uncoated blank that skipped the upset mill correct me if I am wrong please but a $20-40 estimate is a little off is it not?
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Pillar of the Community
United States
2558 Posts |
Muddy. I'm not sure they realize your coin is unplated. If it is it's definitely worth $100+ but probably easier to sell ungraded. Once you grade it you have a lot of money and time into it. That can make you want to sell it for more. Which can be hard to do.
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Pillar of the Community
 United States
1998 Posts |
It appears to have made it through the upsetting mill, I see a raised rim
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Valued Member
 United States
272 Posts |
Thank you willburton unplated is suspected as is everything but from sight it fits the bill. Attached are a few links for the error for past auction arrives coin is unique to say the least and I have the "experts" at the first auction firm saying $20-40 not worth stabbing which they do for a discount with all grading services whichever they think will bring the best return. Will post a direct link to greatcollections also because although I feel I didn't get a fair shake with them the service they provide and the way they had things set up was incredible. Seems like one I will have to slab myself to see what it's really worth. Hoping some more experts will chime in on what they really think about this cent value wise because at this point the thing simply irritates me like a sliver. http://www.error-ref.com/zinc-core/https://www.greatcollections.com/main-sell
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Valued Member
 United States
272 Posts |
Any one of the real professionals here able to give me their guess on value? Greatcollections will sell it but want it slabbed first. Stacks Bowers politely declined saying basically it wasn't for them. Crunched some numbers seems like $80 is the magic number for the NGC slab which seems kinda steep to me. Is Anacs an accepted grader by chance?
Edited by muddyknuckles 02/05/2020 05:09 am
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Pillar of the Community
United States
2558 Posts |
Muddy. I'm not the expert you're looking for but I did a very quick ebay search to see what unplated cents and offcenters are going for. Unplated is $30-75 in uncirculated. Offcenter is much less. The only way I see you getting more than $100 is you find a guy that really likes the uniqueness of your coin. It is very unique!
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Moderator
 United States
56855 Posts |
Check ebay sold values. John1 
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Valued Member
 United States
272 Posts |
Have checked ebay sold values and auction archives at stacks heritage and great collections didn't find anything even close to similar. Have done some research into certification gonna go NGC with their $150 membership think I did the math OK and it will take $55 to slab if it's authentic
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Pillar of the Community
United States
646 Posts |
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Pillar of the Community
United States
2189 Posts |
Going by the pictures provided it looks like it was plated properly but when struck it caused the copper plating to split and separate quit significantly. The exposed zinc I'm sure it was silver in color at one time has turned black "Beginning stage of corrosion" due to air and moisture conditions. I've got over forty off center Lincolns in my collection and have never paid more than $20.00 for one. I'm kind of picky about the ones I do buy. I require the full date and little to no zinc showing but that's just me. I hope you don't mind but here's a few of mine  
Edited by jasper62 02/06/2020 6:40 pm
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Pillar of the Community
United States
559 Posts |
Here's one of mine. The copper plating is ripped/stretched away off the zinc due to the off center strike as shown here quite well. . Similar to what yours looks like with maybe some grease thrown in or darkening from exposure. Yours is definitely plated. 
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Moderator
 United States
56855 Posts |
I would not bother having it slabbed. I do not see it selling for $55. John1 
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Valued Member
 United States
272 Posts |
Thank you John1 and everyone else I don't mind anyone posting pictures I don't view it as offensive I appreciate everyone's opinions. As previously mentioned I bought this one for $12 minus fees. Because of the possibility of a decent return it will be sent off to NGC with a few others that will cover everything trust me...key dates purchased for 1/3 to 1/4 book value that I bought not for my collection but with the intention to sell do all my math and I stand to make a profit how much is to be determined. This cent in question was purchased for profit not for pleasure. I collect mainly Seated dimes Mercury dimes and Indian Head cents. Everyone is different tried to locate an XRF did but would require my coin to be sent to a refinery in Minnesota...what is anyone's opinion on that lol. Nice errors posted thank you nice cents I love errors as well
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Valued Member
 United States
272 Posts |
Thank you cherrypicker1 that is amazing very big congrats on finding something similar I looked for hours and found nothing. Mine could have been unplated PMD I have considered that a possibility but if it isn't to compare with what you found the estimate was $7-800 and that one I would say is lower grade unless mine gets details grade mine has a date won't be in an ANACS slab and has no copper showing whatsoever and is slightly more offcenter. That coin is neat but not worth estimate or realized price in that knockoff plastic. I'll take a chance as a learning experience and you guys will be kept posted. Original question for dragging up this old topic........ If and when it goes to auction is it OK to post a link?
Edited by muddyknuckles 02/07/2020 06:31 am
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Replies: 29 / Views: 3,200 |