1988 Penny Worn Die? - Coin Community Forum

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Author	Replies: 8 / Views: 905
Coinhole Valued Member United States 99 Posts	Posted 03/24/2022 2:27 pm Hello. I was coin roll hunting today and got pretty lucky. About 10 really nice 1960s-1980s great looking coins. I came across this and wanted to know what causes this to happen? Is it a worn die or a misaligned strike. Either way I think it's pretty cool. Thanks guys. I'll post pics of the other coins in the coin hunting section when I get a chance. Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 03/24/2022 2:46 pm Looks like Ridge Ring to me. John1 Report this Post to the Staff
Coinhole Valued Member United States 99 Posts	Posted 03/24/2022 2:57 pm Thanks. I always appreciate your speedy responses. So the ring is formed by a die that is basically at its last stages of life? Report this Post to the Staff
ijn1944 Bedrock of the Community United States 19200 Posts	Posted 03/24/2022 3:24 pm Indeed, that's a ridge ring--very characteristic of deteriorating dies. Report this Post to the Staff
JimmyD Bedrock of the Community Canada 21630 Posts	Posted 03/24/2022 3:25 pm Quote: So the ring is formed by a die that is basically at its last stages of life? True. It is called Die Deterioration. Report this Post to the Staff
Coinhole Valued Member United States 99 Posts	Posted 03/24/2022 3:57 pm Thanks guys. So some of the guys on ebay are pretty much crooks for selling something like this for over $50. I think its cool and different but without it the coin would be more attractive to a seasoned collector. Report this Post to the Staff
JimmyD Bedrock of the Community Canada 21630 Posts	Posted 03/24/2022 4:52 pm Quote: So some of the guys on ebay are pretty much crooks for selling something like this for over $50. See this all the time. Just google ebay US coin errors and about 90% of them are not actual errors. They prey on people who don't know any better. It is like Esty with their ridiculous prices, it only takes one unknowing person to buy. Report this Post to the Staff
coop Bedrock of the Community United States 62064 Posts	Posted 03/24/2022 7:54 pm Well they are ripping people off. I refer to them as 'Bottom Feeders.' Selling to the untrained. Then they come here afterwards complaining they were ripped off. Best to know what your are buying, Before the purchase! Edited by coop 03/24/2022 7:54 pm Report this Post to the Staff
Coinhole Valued Member United States 99 Posts	Posted 03/24/2022 9:24 pm That's one of the many reasons I joined this forum. Unfortunately like most things today misinformation is everywhere. I do a little research before most of my posts but I really don't trust the internet. Even PCGS prices seem inflated. I have yet to purchase a coin online other then the US mint. I do purchase bullion from APMEX. All other purchases have been face to face. Thanks again. Report this Post to the Staff
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