I believe I have obtain a nice off set Lincoln Cent here. This was intrusted to me by a friend to research it's value. This is about what... 80% off center? eBay folks have one for around $700, others in the $20 - 200 range. Couldn't locate a similar coin in my searches so if one of you guru's can find similar coins and share where this old man would appreciate it. Also is this worth having graded.
Interesting coin, the coins that have a date are usually priced higher. I would put this one down in the $20-$50 range, and not worth grading. Disclaimer: I'm often wrong, wait for someone who knows what they are doing...
I agree with this assessment. Not worth grading in my opinion. Worth less than $20 according to Ebay past sales. off center penny in Coins: US for sale | eBay
Forget ebay.. You won't get any kind of help there Neat Off Center strike. I think 80% is about right. Value for a dateless example? On Copper Planchet? $8.00 - $12.00 (Memorial) On Copper Planchet? $10.00 - $15.00 (Wheat) On Copper plated zinc planchet? $5.00 - $10.00 Nothing more than that! I have a few in my collection and have never paid more than the values I have shared unless it were attributed Part of my collection - I have dozens more.
Ed's estimates are consistent with what I've seen and paid. Certainly not $700...you would need a handful of them to fetch that much money.
To explain how silly it is to put such an outrageous price of $700.00 let me show you a major and pretty hard to come by mint error in my collection.. I acquired the Nickel on Cent planchet from Mint Error expert Fred Weinberg for $200.00 They go for $200.00 - $300.00 Understand what I mean?
$700 is an insane price. Yours is worth about $10.00. Here’s a few of mine. And the Dime is worth about $15.00-$20.00. The double struck cent is only worth about $15.00. With a date showing the value increase but only by a little bit. And most assuredly they are not worth grading.
Very true. But there are a few errors that command a nice premium. Here’s one of mine that does just that. It’s a Kennedy Half Dollar and it has 3 clips making it cost more as it’s a nice example of an incomplete planchet error.
It’s a defective planchet and I have three of them. It’s like a ragged clip, just another form of an incomplete planchet.
As noted, these types of errors are reasonably available and reasonably priced. They are interesting pieces. I have a few myself...never paid more than $5 for cent, nickel, and dime specimens. Some with dates...some without. If it looked interesting to me, I snagged it for what I consider very fair pricing. I believe I paid less than what the market commanded (not by much) but I was motivated and so were the sellers.
The edge of the broke piece just looks different than the others. If I would have thought it was pmd and nothing more.
I was fortunate to have a LCS that had a bid board during the winter months. Local collectors posted coins and took bids. Most had reserves. Many great purchases and a few bidding wars. Error coins came up from time-to-time and I snagged a few for just a few bucks. Others did too. But what the LCS also accomplished was bringing folks into the shop. Residual sales just by posting patrons coins. Win-win.
