1983 Penny #2- Is There Doubling? - Coin Community Forum

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Author	Replies: 7 / Views: 721
Cons Valued Member United States 399 Posts	Posted 06/08/2021 1:35 pm Hi all. Here is the other 1983 penny I was wondering about. I also see an off centered strike with lettering on rim. Again, thank you, thank you. I hope pics are ok. The coin weighs 2.5 grams. Report this Post to the Staff

ijn1944 Bedrock of the Community United States 19215 Posts	Posted 06/08/2021 1:54 pm That bulge just in from the rim is known as a Ridge Ring (pressure ring)--a result of Die Deterioration. Report this Post to the Staff
coop Bedrock of the Community United States 62064 Posts	Posted 06/08/2021 1:55 pm What you are seeing on your coin is called Ridge Ring. Just a die breaking down. Not a premium for these. Once the die reaches this point all coins after that will be affected. Not a one time event. I call these die events. Not a premium. Report this Post to the Staff
SamCoin Pillar of the Community United States 3237 Posts	Posted 06/08/2021 2:04 pm Yep, just a Ridge Ring. No evidence of any doubling from the pictures shown and definitely not off center. Report this Post to the Staff
Cons Valued Member United States 399 Posts	Posted 06/08/2021 2:14 pm Thank you! Much appreciated. Report this Post to the Staff
merclover Bedrock of the Community United States 10635 Posts	Posted 06/08/2021 6:38 pm I agree with all of the above. Plus, it looks like you have a small die chip atop the 3. Report this Post to the Staff
Oldfordman Pillar of the Community United States 2869 Posts	Posted 06/08/2021 9:39 pm The chip does not add much of a premium. Maybe worth 25 cents. Report this Post to the Staff
Cons Valued Member United States 399 Posts	Posted 06/08/2021 9:45 pm Ha good eye merclover, I looked again and it sure looks like one! Appreciate the heads up! Report this Post to the Staff
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