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1995 Doubled Die

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madhandles761991's Avatar
United States
577 Posts
 Posted 06/06/2006  7:41 pm Show Profile   Bookmark this topic Add madhandles761991 to your friends list Get a Link to this Message Number of Subscribers
I just purchased a 1995 severe double die coin and I am wondering if you all think the price of this coin will fluctuate much over the years?
Here is a link of what seems to be almost exactly what I bought.

http://www.coingalaxy.com/coininfo/doubling.html

By the way it has been graded MS-67
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coppercoins's Avatar
United States
7629 Posts
 Posted 06/13/2006  11:43 am  Show Profile   Bookmark this reply Add coppercoins to your friends list Get a Link to this Reply
Because of the vast number of these coins out there and the fact that this die made it through a complete life cycle (meaning tons were minted), it's not very likely that there will be a large price increase in this die any time soon.

The one thing I have always encouraged people to do if they want a more valuable coin than they purchased is to have patience and find a coin at the typical prices for the grade that's actually a stage A or early die state coin. This would be one that was struck very early in the die's life, and they are quite scarce. In order to be considered an early die state strike, the coin cannot have die scratches running through LIBERTY, cannot have a die crack behind the ear, and cannot have either of the well known later die state die chips - one inside the first 9 of the date and one on the vertical leg of the T of LIBERTY.

If you have an MS67 1995 doubled die with none of these markers and very sharp doubling, you've got a coin that will very likely jump in value once the grading services start recognizing how important it is to variety collectors to have the die state of the coin noted on the holder. Once this occurs you'll find that more than 3/4 of all the slabbed 1995 DDOs are late die state, and fewer than 5 percent are early die state...currently they sell for the same price. They won't some day.
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