1964 Penny with a wierd defect...Is it an error and does it have any value?

Just came across grandpas old coin collection. He had alot of cool stuff, real old coins, some old buffalo nickles, pre 1900 coins, stuff from France, Belguim, ETC... This penny stood out. Does anybody have any info on whether or not this may be a production error and is it a good one?! This is my first post but I'm really into collecting...coins, sports cards etc. I've just now started to dabble in Errors and I'm finding some cool stuff. I really wish I could get a better picture but...

 

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Sorry but that is not an error. Somebody smashed something round into the reverse which also damaged the obverse.

 

+1 PMD Post mint damage.

 

What does that mean Joey?

 

It means that the damage done to the coin was made after it left the minting facility.

 

post = after

mint = struck (when the coin was made)

So post-mint damage is damage that occurred after the coin was struck (i.e., not a Mint error).

 

+1 means "I'm saying this to increase my post count, more than anything else."

The rest means he agrees with an assessment of post-mint damage. So do I.
Lance.

 

Very helpful. Already a fan of the site. Thanks guys.

 

Welcome by the way.

 

Welcome, and thanks for sharing. You can't find out what it is (when you don't know) if you don't share the pics. Plus, as you go on, you will be able to make some of these determinations yourself, which is awesome!

Think of it this way...PMD is when things happen to coins that can not have happened during the minting process. The coin you showed has something that there is no way that the dies coming together on that planchet during the striking process could have produced. Therefore, it HAS to be PMD.