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Interesting Error Story

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Valued Member
jerryb's Avatar
United States
61 Posts
 Posted 10/19/2008  07:42 am Show Profile   Bookmark this topic Add jerryb to your friends list Get a Link to this Message Number of Subscribers
I've been a coin dealer for many many years and in the early 70's I had the pleasure, while setting up my coin selling tables all over Michigan, of having Ken Potter as one of my customers on a regular basis. He ran a mail order biz then BTI (before the internet) and was always looking for RPM's, laminations, DD's, etc for his customers. One day in Dearborn at the Carriage House he came up to my table and was all excited. He showed me a 1936 Lincoln Cent he just bought for 10 cents in a junk box. At first glance it was "Ho-Hum" but then I noticed what he was talking about. It was a FULL double die just as strong as the famous 1955 DDO. I never knew one existed until he showed it to me. What a find for 10 cents. At the time he said he should be able to get a couple hundred dollars for it in his mailer. Ken was a real nice guy and always had his small (size of a soda straw) magnifier to look at all my Lincoln cents.

Just thought some of you error collectors would like to hear an old timers story. Peace!
Valued Member
sublime118's Avatar
United States
406 Posts
 Posted 10/19/2008  09:20 am  Show Profile   Bookmark this reply Add sublime118 to your friends list Get a Link to this Reply
I sure wish I could have started back in the 70's. Good story!
Pillar of the Community
KurtS's Avatar
United States
5318 Posts
 Posted 10/19/2008  3:10 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Great story...the best part of collecting is finds like that.
Perhaps he found the 1936P-1DO-001
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livingdinasaur's Avatar
United States
1571 Posts
 Posted 10/19/2008  6:07 pm  Show Profile   Bookmark this reply Add livingdinasaur to your friends list Get a Link to this Reply
Yes, I would be excited, too! I might not pee my pants, but it would be close!
Thanks for sharing.
Dick
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BadThad's Avatar
United States
19931 Posts
 Posted 10/19/2008  6:23 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Great story, thanks for sharing and welcome to CC!
Lincoln Cent Lover!
VERDI-CARE™ INVENTOR
https://verdi.care/
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foundinrolls's Avatar
United States
3507 Posts
 Posted 10/19/2008  6:58 pm  Show Profile   Bookmark this reply Add foundinrolls to your friends list Get a Link to this Reply
Hi,

Ken still is a Great guy:-)...It was in the 1980s that I first met Ken (not in person) but I forget if it was snail mail or email but he was one of the first people to teach me what a Machine Doubling damaged coin looked like. In fact, he sent me a BU 1956 D Lincoln that had severe Machine Doubling damage on the reverse.

As I got further into the hobby, I sent Ken several coins to examine when I thought that they might be new die varieties.

He always went out of if his way to be helpful and we still email back and forth about once a week, on average.

Thanks for the great story at the start of this thread!

Bill

Edited by foundinrolls
10/19/2008 6:59 pm
Valued Member
jerryb's Avatar
United States
61 Posts
 Posted 10/20/2008  10:32 am  Show Profile   Bookmark this reply Add jerryb to your friends list Get a Link to this Reply
Thanks for the replies peeps.

Another weird sidelite of that particular show. First of all my birthdate is 1936.....same year of that coin Ken showed me.

Also, another old time coin dealer (Les Durant of the famous Durant family) had a dealer table at the show also.

I bought my first 1936 proof set in Capital Plastic holder from Les at that show for $1000. He had 2 sets, 1 had a bad hairlined half, the other was a Gem. I bought the Gem set and just sold it last year for $6700 to a local collector.

My, how time flys by when your having fun.

Peace to all!
Pillar of the Community
TreasHunt's Avatar
United States
2540 Posts
 Posted 10/20/2008  4:18 pm  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
Great story.
Thanks for telling.
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foundinrolls's Avatar
United States
3507 Posts
 Posted 10/20/2008  9:04 pm  Show Profile   Bookmark this reply Add foundinrolls to your friends list Get a Link to this Reply
For those who think in strange ways....like I do on occasion.

Picking 1972 as a date in the early 70s and taking inflation into consideration; The 1936 proof set came out ahead of inflation between 1972 and 2008. Anything over $5140.00 beat out the inflation rate:-)

Bill

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Jamez's Avatar
United States
750 Posts
 Posted 10/22/2008  06:55 am  Show Profile   Bookmark this reply Add Jamez to your friends list Get a Link to this Reply
Ken is a great guy, I have had the chance to talk to him many times and get to know him on a personal level. Ken is a unique person thats for sure and is not above sharing his knowledge in error coins. I watched him photo some coins a while back in Redford Mi. they (the photos)later showed up in Coin World. He has taken photos of some of my coins and written articles about them as well.
Pillar of the Community
nuggethill's Avatar
Australia
1015 Posts
 Posted 10/22/2008  07:27 am  Show Profile   Bookmark this reply Add nuggethill to your friends list Get a Link to this Reply
Thanks for shearing Jerry regards Harry
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