Found 1917 DDO! Need advice before sending to PCGS

I got a new loupe and was rubbing it just going thru old jar of pennies. Looks like my thumb pulled the dirt out of the B and R right down to the red. Contact on the face and rim from cardboard also. Never expected anything from this jar I checked it a few times over the last 30 years. I would like to send it now. I had a thought of putting some distilled water on it and letting it oxidize the newly exposed red. Maybe in a few months it would look more normal or symmetrical again? I was thinking XF45?

1917 DDO phone pic by Michael Clarke posted Aug 18, 2016 at 3:03 AM

1917 DDO scope pic by Michael Clarke posted Aug 18, 2016 at 3:03 AM

1917 DDO Head by Michael Clarke posted Aug 18, 2016 at 3:03 AM

1917 DDO by Michael Clarke posted Aug 18, 2016 at 3:03 AM

1917 DDO Phone Pic by Michael Clarke posted Aug 18, 2016 at 3:03 AM

1917 DDO by Michael Clarke posted Aug 18, 2016 at 3:03 AM

 

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I hate to burst your bubble. But your coin is not the 1917 DDO that you think it is. First of all the doubling your coin exhibits is known as machine doubling and not hub doubling. Secondly, the doubling you see is in the wrong direction, yours is doubled to the north and in a counter clockwise direction, the true DDO is doubled to the south on the date and in a clockwise rotation.

Here is an image of the 1917 DDO from PCGS CoinFacts.

 

Bubble Bursted!! I see the letters in TRUST on mine have the first strike counterclockwise. How can that possibly make any difference? But if it does it does. Thanks to you and this website for saving me a PCGS fee.

 

I'm going to submit it to CONECA . I think 1917 DDO-002. The shoulder pivot is exactly the same just in the other direction. Thanks again guys.

 

agreed, not the DDO

 

Ouch, it's a nice 1917 cent too...

 

Could it have a re-punched date? Or Maybe a different ddo variety?

 

His images of the date and TRUST are nice and clear, and plainly show machine doubling. The 1 and 7 are clearly larger than the actual struck digit, show no separation at the corners and clearly subtract from the original stroke of the coin. The "bubble" shape of the "doubling" at the bottom end of the S is also definitive. Classic machine doubling. Nice example, though, no worse than AU.

 

Broken hearted about the 1917. Now I know way to much about doubling. I'm hearing I did good on the one and know I messed up bad on the other. $675 for the DD $646 for the 1917. I made that fatal mistake of liking it. What do you guys call that?

 

Well....

The DDO was a little above market, such as I can determine it because most examples in that grade are full Red. It went for $150 more - 30% more - than a similar 66RB did in the same auction, although that second example lacked the CAC sticker.

The SLQ was, best as I can tell, by far the highest price ever paid at public auction for an MS62FH, 50% more than the next most expensive (which was a clearly undergraded coin) and well more than double the typical price in grade. It's about a $300 coin, and you could have had a nice MS64 for the price you paid. In fact, a pretty toned 65FH hammered for less than $100 more than you paid, in the same auction.

You really, really ought to get a better feel for what these coins are worth before throwing money at them. That's almost $500 thrown away to the wind - you won't recover it any time in the next few decades, although the DDO *might* eventually catch up - in one auction.

 

Who was the other fool bidding along with me? Didn't there have to be 2 of us? It's like I went insane. The 65 cac that went for 900, I just stopped bidding on. I can't watch the live auction. I gotta put in my bids and walk away from computer til it's over. I made history! People will be talking about that for years.

 

Classic machine doubling? 1957 D I promise not to post another. lol

 

Yes, it absolutely takes two and let's just say I'm nobody to harshly judge someone getting caught up in a bidding war.

The key to controlling the urge is to understand - really understand on a gut level - that there will always be another one if you don't get this one. You're not purchasing coins which only appear on the market once every decade. Numismatics harshly punishes those interested in instant gratification.

Put the PCGS Auction Prices archive as a bookmark on every device you access the Web from:

http://www.pcgs.com/auctionprices/

Anything they don't list - aside errors & some varieties - amounts to paying $20 for a $10 coin and who cares about that? Know the competition. There's plenty of record, for most coins, to understand what people are paying for them today.

 

I was living on pcgs auctionprices, ebay, ha archive 20+ hours easy. On the MS62 my limit was max $340 I just lost my mind. I'll own that coin forever don't even think I'll cac it. I'm a stock guy and Numismatics is way harder. The day before the Brexit I sold my 3x silver ETF and bought 3x Inverse silver and you know how that went. I been having a bad few months. I'm 50 years old now and want something to do when I'm older. Seems like it takes 10 or 15 years to really learn Numismatics.