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Replies: 11 / Views: 4,763 |
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New Member
United States
1 Posts |
Hello, I am new to the forum, I really need advice on this penny. The penny is a 1940 Wheat penny, the zero looks like a slanted D. I seen a similar penny posted on Etsy, is this penny a error penny worth thousands? 
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Moderator
 United States
56855 Posts |
 . Not an error, it is PMD. Damaged by a coin counting/wrapping machine. AVOID Esty for coins at all costs. John1 
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Pillar of the Community
United States
7509 Posts |
It is the result of a contact mark most likely a vending machine where the metal was pushed over. It did not come from the mint that way  to the Community.
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Pillar of the Community
United States
2953 Posts |
 and we are glad you could join us! Your 1940 Philadelphia mint cent is very common, and we will all tell you it is only worth a few cents at most. The 0 in the date just simply took a hit from being out in circulation. I will say that Etsy is hugely unreliable when it comes to coins, since those selling prices are waaay to high for common coins, that are not errors, but instead are post mint damaged coins.
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Pillar of the Community
United States
2189 Posts |
Avoid Etsy at all cost. Went there one time & was pretty disgusted with all the scammers. Never went back
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Bedrock of the Community
United States
19130 Posts |
Agree. That 0 took a hit--likely mechanical, possibly in a vending machine or coin wrapping device. While not common, this isn't all that rare. And, void Etsy when it comes to error coins.
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Bedrock of the Community
United States
94367 Posts |
 to the CCF!
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Bedrock of the Community
United States
62064 Posts |
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Valued Member
United States
392 Posts |
YouTubers are known for often providing bad information on coins. ebay often has sellers misrepresenting coins. But Etsy is by far the worst when it comes to values. You were wise to come to this forum. Good, bad or otherwise you will get honest appraisals from the experts in this group.
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Pillar of the Community
Canada
6244 Posts |
You has the answer previous responds. About the Etsy and the other I can say: Old time in News paper we have a caricature one a day. Today we have a dozen on YouTube and hundreds on Etsy each day. Is up to as to discern.
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Pillar of the Community
United States
549 Posts |
Nice analogy Silviosi. That sums it up very good.
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Moderator
 United States
187914 Posts |
 to the Community!
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Replies: 11 / Views: 4,763 |
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