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 Replies: 11 / Views: 1,055 |
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Valued Member
United States
95 Posts |
Edited by Metalman
06/17/2006 1:18 pm
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Pillar of the Community
United States
1626 Posts |
Nice find. I'm no expert on error's but I would say that has to be Valuable
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Valued Member
 United States
95 Posts |
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Bedrock of the Community
United States
14454 Posts |
anytime you have a coin pressed on another coins planchet it is very rare and alot of the times pretty valuable, wether you should get it slabbed or not well that is all according to what your plans for it are, if you are planning on selling it I would say yes, heck if you are going to keep it for yourself I say yes again to that lol
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Pillar of the Community
Australia
3831 Posts |
That seems very neat. You should weight that coin and see if it weighs exactly or roughly the same as a penny. I don't see evidence of fake impressions and such, so what you have might be a genuine error there!
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Pillar of the Community
United States
7123 Posts |
Hi Mooseknuckle
I would have the coin slabbed and authenticated ,, What a great find !!
from what I can see in the pics authentification should not be a problem.
Wrong planchet errors can carry a very healthy Premium,into the several hundreds of dollars.
Rick
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Pillar of the Community
Australia
1091 Posts |
WOW! What a find. It looks as if it's a 1977D. Has that coin really been kicking aroung in change for 30 years until you found it! WOW! What a great collectors item, regardless of it's value, you have got to keep this one in YOUR collection. YOU were meant to have it.
How many double takes did you do before you could believe your eyes?
BTW, your coin is much better centered than the one shown in the slab, and you have a date! Both of those factors make your find a better coin. IMHO.
Edited by toast
06/16/2006 04:51 am
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Bedrock of the Community
United States
14454 Posts |
quote:
Originally posted by toast
WOW! What a find. It looks as if it's a 1977D. Has that coin really been kicking aroung in change for 30 years until you found it! WOW! What a great collectors item, regardless of it's value, you have got to keep this one in YOUR collection. YOU were meant to have it.
Sorry to say but about everyday some kid will "borrow" money from their dad's collection to buy stuff with, so I really doubt it has been in circulation all these years without someone spotting it and putting it aside. They may have rolled up some pennies and that was just one that ended up in the roll, and the cashier just busted upen the roll for change and didnt notice it either and just gavce it out as a penny. That is how alot of valuable coins make it back into circulation |
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Valued Member
United States
95 Posts |
Goodness, thank you all for your observations. Since I started collecting about a month ago, I've been asking all of my friends for their buckets of loose change. A friend of mine at work had this in a tin of pennies. I asked him if he had seen it, and he hadn't, which means he got it in change somewhere. I'm not really sure what to do with it. I don't have the patience to study coins for errors as I go through them, so I'll probably never be a real error collector. Frankly, the coin doesn't interest me that much. However, I do recognize its rarity now. I am also not really too hot to sell it, as I don't need the extra cash for anything in particular. Maybe some day, I'll use it in a trade to get rarer coins that really interest me. All I really have in my collection so far is pocket change lol :) The coin in the slab that I linked above looked like it might fetch $249? If mine could fetch that much, that means there's a possibility that I can trade it for about $250 worth of Mercury dimes, or Morgan dollars, of which I have quite few sofar. Also, if you look at the picture of the reverse, you'll notice that there's 'gunk' on it. What's the best way to get rid of that without damaging the coin? Edited by Mooseknuckle
06/16/2006 11:09 am
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Pillar of the Community
United States
7123 Posts |
Hi mooseknuckle
Do nothing to the coin !! any type of cleaning will take value from the coin.
Rick
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Pillar of the Community
United States
986 Posts |
I'll second that. Don't clean the coin, which would completely destroy most of it's collectors value, and make it impossible to slab at any of the top TPG's except ANACS, which will label it "harshly cleaned." |
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Valued Member
United States
218 Posts |
quote:
Originally posted by Mooseknuckle
Also, if you look at the picture of the reverse, you'll notice that there's 'gunk' on it. What's the best way to get rid of that without damaging the coin?
If you really want to have it cleaned, then send it to NCS (a sister corporation to NGC). They are professionals at resoring coins without damaging them. The coin is too valuable for you to experiment on, so allow a professional to do it for you, it is worth the cost. You would get a professional to do the work if you needed surgery and this is the same sort of thing, let the experienced professionals do what they do best! |
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Replies: 11 / Views: 1,055 |
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Posted 06/16/2006 02:08 am
