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Replies: 15 / Views: 1,077 |
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New Member
United States
5 Posts |
I received a grading from ICG and it was my first time. I am new yet been collecting for about 5 yrs but always learning. I took this coin to a coin dealer prior to sending for grading and he told me to hang on to this coin. He spent like 20 minutes searching through books, online and calling other dealers. He was stumped and cannot find this coin like mine. confirmed it is genuine and was told it was genuine by PCGS by sending the picture. The grading I got is : 1987-D 1C AU 55 DTLS Corroded Can anyone give their opinion? I don't think it was corroded but I could be wrong. Thank you in advance.    
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Pillar of the Community
United States
6116 Posts |
I would tend to agree with PCGS on this one. 1987 Lincoln cents had a zinc core that was copper plated. For a variety of reasons when the copper was applied and the coin struck, the end result was "plating blisters." These are just little gas pockets between the layers, and are quite common. They come in a variety of forms, but one of the forms is like little mini volcano cones, with the top of the blister eroding off and leaving a ring-shaped, raised ring on the coin. There are some really wild examples of them out there. Sadly, your coin appears to be one of these, which I suppose is a type of corrosion, so PCGS label is seemingly correct.
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Moderator
 United States
56855 Posts |
 .I agree with zinc rot,very common. That coin should never had gotten sent in in the first place. The value is 1¢ and it cost way more to have slabbed. Also,ICG is not one of the trusted graders to most of us. In order of trusted graders:PCGS-NGC-ANACS. John1 
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Pillar of the Community
United States
1658 Posts |
Definitely zinc corrosion. Around the mint mark is a very common place for it to start. I would find another dealer, he should have recognized this immediately!
Edited by lcutler 08/04/2021 04:37 am
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New Member
 United States
5 Posts |
Thank you all very much. I didn't know if I had a re punch mint mark. I thought it looked like a D over a upside down D. So it is a blister? I never knew what that was. lol. Thanks, have a blessed day.
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Bedrock of the Community
United States
94367 Posts |
 to the CCF!
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Pillar of the Community
United States
4135 Posts |
the dealer should not be a dealer if he did not know about rot, this is very common
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Moderator
 United States
189340 Posts |
 to the Community!
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Pillar of the Community
United States
3237 Posts |
Your coin dealer friend sounds like he might be completely clueless if he thought this was anything but a corroded penny. I think the grading service nailed it.
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Bedrock of the Community
United States
62064 Posts |
Edited by coop 08/04/2021 10:21 am
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New Member
 United States
5 Posts |
Wow! Thanks so much. I wish there was classes on numismatics in college or small schools. The dealer is a old man and says hes been in business for 60 years. Maybe, his eyes are going. IDK. Thank you for welcoming me.
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Bedrock of the Community
United States
62064 Posts |
You can learn it all here for free. Check out my thread of thread on different subjects, you not even thought of yet. Just click on the CoopHome link. (Note it turned blue) There are 9 pages of information with thousands on images on subjects, we have covered here already.
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Bedrock of the Community
United States
10635 Posts |
I agree, the mintmark has a zinc rot blister on it which will continue to grow, even in the slab. I also agree, this should have never been sent in for grading in the first place. Rather than your clueless coin shop, come here first. It will save you a lot of time, frustration and money.   to the CCF! 
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Moderator
 United States
97320 Posts |
  with zinc rot as well.
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Pillar of the Community
 United States
5785 Posts |
Yep, looks like zinc rot blew that one up. the image is a little fuzzy but a die chip wouldn't have that dimple in the middle.
ICG gave you the correct AU "Details" grade, meaning it is damaged.
PCGS only confirmed it was Genuine, meaning it was a real US cent, not that it was an error/variety of some kind.
Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow.
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Pillar of the Community
United States
2741 Posts |
Instantly recognizable as zinc rot but I will say it is the most "D" resembling zinc blob I've seen yet. 
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Replies: 15 / Views: 1,077 |
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