1928 Penny, stamp error

Discussion in 'Error Coins' started by J Forsman, Jan 1, 2019.

?

Can anyone state what the value of a coin in this state might be?

  1. rare or of value

    14.3%
  2. not of value

    85.7%
  1. J Forsman

    J Forsman New Member

    Curious anyone's thoughts on this coin. I got it from a coffee shop I believe and noticed right away that it was old and was deformed.

    It does appear to be a stamping defect due the sides on front and back of the coin are on the same location on the direct obverse.

    Can anyone state what the value of a coin in this state might be?

    Thanks in Advance,
     

    Attached Files:

  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    Sorry, but it is just damage. Along with the damage, the coin has a lot of wear and tear, so the numismatic value is minimal (5-10 cents as an early wheat cent on a good day)
     
    Brina and Kentucky like this.
  4. J Forsman

    J Forsman New Member

    I'm pretty confident that it's a stamp error. I do understand about wear and tear making it less valued.
     
  5. ken454

    ken454 Well-Known Member

    how can you be confident when you do not even know that coins are not "stamped".... o_O:confused:
     
    PlanoSteve, JCro57 and furryfrog02 like this.
  6. furryfrog02

    furryfrog02 Well-Known Member

    +1 what @Oldhoopster said. Your coin is damaged. I thought perhaps a lamination on the obverse but after seeing the reverse, I think it was probably squeezed between something.
     
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    The coin has been damaged. It's not a Mint error. Only worth face value.

    Coins are not stamped, they are minted.

    Nothing in the minting of coins since the beginning of coin making would cause this on a coin. Not even jamming in the Die process. Again, it's damaged.
     
    Brina likes this.
  8. alurid

    alurid Well-Known Member

    Planchets are "Stamped" to make coins. A "Mint" is a place that houses stamping presses that make coins.
    Stamping Press, New Orleans Mint, 1897.
    800px-Stamping_Room_New_Orleans_Mint_1897.jpg
     
  9. JCro57

    JCro57 Making Errors Great Again

    Coins are minted by having planchets struck by coin dies on a die press.

    Minting means a piece of metal has been given a monetary value by the government assigned the responsibility of coining money.

    A "Mint" is an official place that coins money for the government.

    They are produced by being struck, not "stamped." USDA meat is stamped (with grape juice). Coins are also not "coins" unless they are struck by dies.

    Check, please...
     
    Last edited: Jan 1, 2019
    Brina likes this.
  10. alurid

    alurid Well-Known Member

  11. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    It's not. Just Damage :yack:
     
    JCro57 likes this.
  12. ken454

    ken454 Well-Known Member

    ok, but OP is not about a planchet, therefore this is irrelevant...
     
    lordmarcovan likes this.
  13. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Damaged. It is an error to believe this coin is an error.
     
    Kentucky likes this.
  14. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Well, now, there's a factoid I didn't know. So that's grape juice and not some purple dye? That's interesting. And reassuring.
     
    Dynoking, yartiques and JCro57 like this.
  15. Collecting Nut

    Collecting Nut Borderline Hoarder

    They use purple dye in the grape juice. lol
     
  16. Brina

    Brina Well-Known Member

    HEY where's the PMD filter for this post, ha ha???
     
  17. Dynoking

    Dynoking Well-Known Member

    +1
     
    Brina likes this.
  18. Hommer

    Hommer Curator of Semi Precious Coinage

    I'd keep the greenbacks.
     
  19. Mountain Man

    Mountain Man Well-Known Member

    Looks like a vice job IMHO. A smooth object on the reverse and another coin on the obverse and then squeezed in a vice.
     
    JCro57 likes this.
  20. Spark1951

    Spark1951 Accomplishment, not Activity

    It is PMD, as stated earlier in the thread.

    And...I don't think they call the workspace where the die presses produce the coins is called a Stamping Room anymore, that designation seems archaic...using the 1897 New Orleans picture, it's 121 years obsolete.

    The modern verbiage used is "strike" or "struck", not "stamp" or "stamped"...imho...Spark
     
  21. alurid

    alurid Well-Known Member

    Pennies.
     
Draft saved Draft deleted

Share This Page