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Help What Kind Of Error Is This And What Could It Be Worth?

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Prodbygodlymarz's Avatar
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 Posted 09/04/2020  02:58 am Show Profile   Bookmark this topic Add Prodbygodlymarz to your friends list Get a Link to this Message Number of Subscribers
I just received this penny in a roll I have has for about a month. I'm kinda new to collectingwhat do yall ghink of this Wheat cent. I'm thinking grease error.?
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spru's Avatar
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 Posted 09/04/2020  03:45 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply


It's tough to tell. Can you take pics of it out of the 2x2?
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John1's Avatar
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 Posted 09/04/2020  04:50 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. Yes,please take the coin out of the holder and take photos of it. One full coin photo of the obverse and one full coin photo of the reverse please. Make sure to crop and rotate photos properly before posting.
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Coinfrog's Avatar
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 Posted 09/04/2020  09:11 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
And without the flashback if possible.



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Prodbygodlymarz's Avatar
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 Posted 09/04/2020  7:51 pm  Show Profile   Bookmark this reply Add Prodbygodlymarz to your friends list Get a Link to this Reply
As requested
Help-What-Kind-Of-Error-Is-This-And-What-Could-It-Be-Worth?
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coop's Avatar
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 Posted 09/04/2020  8:17 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Often when we see this on one side of a coin, we often think of it being a Struck Through Grease error. But note on your coin both sides are affected. But that could be a Struck Through Grease error. But if these areas are both on the same area opposite each other, the next thing to do is to get a weight of the coin. If it is under weight, then it could be a mint error called a tapered planchet. If the edge looks thinner on that area of the outside rim, then that is what you have. With the planchet tapered, the has a modest premium. But if it is a Struck Through Grease error, the weight will be normal (3.11 grams) then the value would be a lot less. But I'm thinking that is what you have is a tapered planchet error.
Help-What-Kind-Of-Error-Is-This-And-What-Could-It-Be-Worth?
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The weight on this one is 2.58 grams.
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merclover's Avatar
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 Posted 09/04/2020  9:28 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
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Prodbygodlymarz's Avatar
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 Posted 09/05/2020  12:15 am  Show Profile   Bookmark this reply Add Prodbygodlymarz to your friends list Get a Link to this Reply
It under 3.11 heres proof of that
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So if I may ask what would a modern premium be.whst wpuld be fair to ask for if.i decided.to sell it
Thank you in advance.#8313;>>
Edited by Prodbygodlymarz
09/05/2020 12:21 am
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spru's Avatar
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 Posted 09/05/2020  02:34 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
For an uncertified tapered planchet, completed ebay listings suggest about a $15 value.
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nickelsearcher's Avatar
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 Posted 09/05/2020  05:05 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
to the CCF
Take a look at my other hobby ... http://www.jk-dk.art
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Stephen-P's Avatar
Japan
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 Posted 09/05/2020  05:24 am  Show Profile   Bookmark this reply Add Stephen-P to your friends list Get a Link to this Reply
I'd say get it in a holder. It's a popular date, popular series, in mint state on top of having a noticable error.
You'll get a lot more than $15 if it's certified, imho.
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Prodbygodlymarz's Avatar
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 Posted 09/05/2020  09:16 am  Show Profile   Bookmark this reply Add Prodbygodlymarz to your friends list Get a Link to this Reply
Does it look like a mibt state I know you may not be a grader and grading by phothos is really tough so I wont hold anyone one to what they say. Like I said tho I'm relitivly new to this and have looked at PCGS website I cant figuere out how much it is to grade a coin.
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John1's Avatar
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 Posted 09/05/2020  10:31 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
As a general rule: a coin needs a retail value of at least $150 after slabbed to justify all costs involved in having it slabbed.
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 Posted 09/05/2020  10:45 am  Show Profile   Bookmark this reply Add sheldius to your friends list Get a Link to this Reply


https://www.PCGS.com/servicesandfee...ApdHEALw_wcB

Mint error grading is $65.

There maybe other fees that those that have submitted could tell you about. Just looking at the PCGS website stated costs.
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 Posted 09/05/2020  10:54 am  Show Profile   Bookmark this reply Add mikediamond to your friends list Get a Link to this Reply
1955 was a peak year for tapered planchet errors. You'd be lucky to get $10 for it on ebay.
Error coin writer and researcher.
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