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Replies: 19 / Views: 4,621 |
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Pillar of the Community
United States
1126 Posts |
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Bedrock of the Community
United States
62064 Posts |
The coin is normal except for the die cracks on the obverse and reverse. The dies during the 50's were over used and thus this happens more so on these cents than other years.
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Pillar of the Community
United States
1944 Posts |
do these have any premium value? I have a 55P with two die cracks on the head. the coin is probably high au - ms condition, (i would really expect to be in MS - somewhere). I am not really interested in it and would be willing to sell or trade it.
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Pillar of the Community
 United States
1126 Posts |
Thanks coop, Saved me some time, A while back I saw a 57 with the same diagnostics on the reverse, The tip of the wheat and the vertical shaft of the "T" I can't remember where I saw it and have had a hard time finding it again. The one I saw was A CONECA DDR Not sure if it was Lincoln Cent Resource or Copper Coins. But they had very nice close-up. Thanks Again Terry
Edited by stewart 06/19/2010 11:28 am
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Pillar of the Community
United States
4000 Posts |
dbrablec, no premium for the cracks. That's just considered regular course of life in the die.
Edited by Scooby Due 06/19/2010 11:54 am
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Bedrock of the Community
United States
62064 Posts |
I can top Two Die cracks  Terry: Was it this one? 
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Pillar of the Community
 United States
1126 Posts |
Coop First pic very cool. Second pic no it was a listing style with individual very clear photos of the diagnostics and description such as Lincoln Cent Resource or Copper Coins, That kind of layout If I get some time this weekend I will look around and if I find anything I will post it. Terry
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Pillar of the Community
United States
1388 Posts |
putting together a set of a die progression would give me a "splitting" headache...  ... just kidding... good idea... 
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Pillar of the Community
United States
7629 Posts |
Okay, a couple of things...
1. Die cracks are NOT errors, nor are they die varieties. And they would have to be die varieties to have CONECA numbers. These would not.
2. Because a coin has a die crack does NOT make it a doubled die, which is what you were seeing photos of. The die crack on the doubled die that was photographed was there because the die crack helps people to sort and identify doubled dies...it's not the other way around.
3. Die cracks add NO premium value to any coin, except those hyped in magazines over the years, and all those end up losing what hype value they did have when people get disinterested in them and move on.
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Pillar of the Community
United States
7629 Posts |
Furthermore...the three most common stress areas of the wheat design are the forehead, the T of CENT, and the left wheat. These three areas are MOST common for showing die cracks. AT LEAST one third of ALL wheat cents made after 1944 show cracks to some degree in at least one of these three areas. They are common, have no premium value, and are considered normal coins.
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Pillar of the Community
 United States
1126 Posts |
Coopercoins,
Thank You for clearing that up. If I understand what your saying correctly. Die cracks can be used as diagnostic markers for identifying possible Doubled Die coins?
Thank You for your input
Terry
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Pillar of the Community
United States
7629 Posts |
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Pillar of the Community
 United States
1126 Posts |
Coopercoins, Thank You for your input.  The amount of knowledge that you guys have about these coins just astounds me. And The Hunt Continues. Thanks Again Terry
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Pillar of the Community
United States
1915 Posts |
Quote: Furthermore...the three most common stress areas of the wheat design are the forehead, the T of CENT, and the left wheat. These three areas are MOST common for showing die cracks. AT LEAST one third of ALL wheat cents made after 1944 show cracks to some degree in at least one of these three areas. They are common, have no premium value, and are considered normal coins.
I must disagree with the last part of this statement. They may not have a premium to you, but if you go to a place like ebay and type in a search for "die crack" you will see numerous listings. Not all have bids, but some do. Checking the completed listings, you will also find some that did sell. Now some were merely $1, but for a 2009 cent that is 100 times face value. I believe anything can have some sort of premium. Premium is set by the buyer. This is the same with toning. While some might consider them unattractive, others might think they are the coolest thing, and would pay a premium for a coin that has it. I spent 5 years in the antique business. Patena was considered to have a premium to some buyers, while others wanted something to look brand new.
Edited by seal006 06/21/2010 04:40 am
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Pillar of the Community
United States
1934 Posts |
seal; I agree with you within subjective contexts of value. I dare say that the generally-established criteria (the "box") by many Numismatic organizations (and used by most Numismatists) is more objective when coins qualify/are assigned variety/error/collectibility; e.g., population, DD, RPM, VAM, 1943 copper cent, etc. -- which, to me, fully supports coppercoin's perspective. In order to think (or collect) outside the box, we must have a box. To me, toning and die cracks are outside the box when it comes to Lincoln cents. I'm no expert. My Lincoln Cent "box" isn't as expansive as many others' yet, were I to fortunate to sell every one of my collected remarkably toned or gaseous and lamina-error cents and unremarkably misaligned cents to avid "way outside the box" Lincoln Cent collectors on ebay, I wouldnt be rich, but I'd have a heck of a lot more money. Sorry if I belabored my point.
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Pillar of the Community
United States
1915 Posts |
No, you made an excellent point, as C.D. did as well. My point is this, The hobby is evolving. I see the newer, younger collectors gravitating towards these sort of things. I am happy we are all involved in a hobby that can encompass so many different things. I think that is what makes it so enjoyable.
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Replies: 19 / Views: 4,621 |