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Do Encased Coins Carry A Premium?(Pics Added)

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wheatguy's Avatar
United States
1534 Posts
 Posted 09/15/2009  10:06 pm Show Profile   Bookmark this topic Add wheatguy to your friends list Get a Link to this Message Number of Subscribers
I have a 1909 Lincoln Cent in one of those round cases, where its really hard to take out. Do those carry a premium? I would grade the cent VF, and on the front holder it says: good for 12 cents in trade. Ouray, Colorado. Faletti and Cresto. And on the back it says Keep this and you will never be broke. Any advice or comments will be appreciated. Sorry there are no pics, I can't find my camera.
Edited by wheatguy
09/16/2009 6:58 pm
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ratman4762's Avatar
United States
2520 Posts
 Posted 09/15/2009  10:17 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
There are people who collect Encased Cents. Do a search on ebay and see what pops up!
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wheatguy's Avatar
United States
1534 Posts
 Posted 09/15/2009  10:21 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
Thanks for the advice. I just did a search on ebay and found that some, especially the older cents, seem to be pretty popular. The ones with different holders(like a bell shape) seem to have pretty high bids.
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biokemist6's Avatar
United States
12437 Posts
 Posted 09/15/2009  10:42 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
It certainly does have a premium, especially an older one like that. If it is removed from the encasement, then it is just a damaged cent
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wheatguy's Avatar
United States
1534 Posts
 Posted 09/15/2009  10:47 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
That's interesting... any guess to how much it's worth?
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rockdude's Avatar
United States
1807 Posts
 Posted 09/15/2009  11:36 pm  Show Profile   Bookmark this reply Add rockdude to your friends list Get a Link to this Reply
Well I did a search and found that Faletti and Cresto was a saloon in Ouray Colorado it was in the 1911 Colorado Business Directory.
Got a picture of the encasement?
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wheatguy's Avatar
United States
1534 Posts
 Posted 09/15/2009  11:44 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
No I can't find my camera.... I hope I can find it by tomorrow and it also says free coinage saloon on it.
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jayceeg's Avatar
United States
114 Posts
 Posted 09/16/2009  1:58 pm  Show Profile   Bookmark this reply Add jayceeg to your friends list Get a Link to this Reply
Wow, I checked out some on e-bay and they are pretty cool. Wasn't aware there are so many of these available. Had seen one before but didn't give it a second thought Now I think will have to get a few.
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Gary Burke's Avatar
United States
3730 Posts
 Posted 09/16/2009  5:36 pm  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
We were in Ouray yesterday.

Keep the coin encased, that's for sure. Any idea of its value?
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wheatguy's Avatar
United States
1534 Posts
 Posted 09/16/2009  5:40 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
I'm not sure... thats what I was wondering. Hopefully I can get a pic of it by today. But Encased Coins seem to be pretty popular and the 1909 Lincoln Cent will definitely add to its value.
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wheatguy's Avatar
United States
1534 Posts
 Posted 09/16/2009  6:57 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
here it is:

Do-Encased-Coins-Carry-A-Premium?Pics-Added




Do-Encased-Coins-Carry-A-Premium?Pics-Added
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wheatguy's Avatar
United States
1534 Posts
 Posted 09/16/2009  11:45 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
Any idea of its value and the grade of the cent? Thanks.
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Conder101's Avatar
United States
17884 Posts
 Posted 09/17/2009  10:26 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
The cent is fairly high grade, looks like a nice XF maybe a little better. Value of the cent is immaterial because in the holder the encasement is where the value is and out of the encasement it would be pretty much worthless (about 3 to 5 cents) because it is now a badly damaged coin.

I find the piece interesting because it does most likely date back to 1909. The name of the saloon increases the interest and the fact that the holder gives the city, state and possibly the proprietors names is also good.

I can't estimate value of the encasement because I'm not overly familiar with encasement values, but it is in unusually nice condition for its age.
Edited by Conder101
09/17/2009 10:30 am
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Jays-Dad's Avatar
United States
790 Posts
 Posted 09/17/2009  12:10 pm  Show Profile   Bookmark this reply Add Jays-Dad to your friends list Get a Link to this Reply
I've been carrrying one around on my keychain for years. It is really neat how much it has worn in that time. Mine is quite valueless, a 1953D in a horshoe shaped aluminum casing. Not advertising anyone, just trumpeted as a good luck piece.
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 09/17/2009  1:21 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
May be worth more in the city that the token was originally made.
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wheatguy's Avatar
United States
1534 Posts
 Posted 09/18/2009  9:51 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
Does anyone here collect Encased Cents? And any idea what it might sell for on ebay or here?
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