Anyone see a penny like this before?

We want to send to ANACS but they require a owner's value, which I'm not sure how to value such . . . so figured I'd give a whirl here. Thanks for any info out there!

 

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I think it's a fake error from transfer dies. There have been a few posted on CT in the past and I think @JCro57 posted some as well.

Notice how the date is relatively strong but LIBERTY and TRUST are weak and mushy on the second strike. All of these areas would have been struck up from the fields of the original strike. Why are they different?

Also the second strike was done with enough force to completely eliminate the date in the first strike, yet TRUST in the second strike, which would be right next to it, is weak. Makes me think that it was from a transfer die.

I've been wrong before, but that's why I think its a fake.

 

Im guessing it's a fake error. If it was double struck in collar there should be another strike on the reverse as well.

 

I just don’t know from your photos but I’d definitely keep and protect the coin until you can find out for sure.

 

+1 smoke and mirrors with the toning..that also looks doctored.

 

@paddyman98 will give the right answer

 

Human interaction, I would go fake also. Jim

 

I know little about errors but will be interested to hear the expert opinions on this one.

 

We decided earlier today to gamble the $50 to verify, as 3 local coin shops said it was not fake, although most it appears on here, say it is . . . so will see?

 

Please post the results if you send it in.

 

I also vote fake, but would like to know your results and sincerely hope I am wrong and it is worth big bucks!!!

 

I think you made a fair gamble. The Chinese know that errors are the hot ticket in American numismatics so they do produce a lot of them. It could go either way. I would love to hear what @JCro57 had to say about it.

 

What @Oldhoopster stated.

A lot of those were made with fake dies.

 

You need to ask yourself, during the minting process, how is it possible for the obverse to have a rotated double strike but there is no evidence of any second strike on the rev?

I wouldn't waste my money on authentication unless I had a reasonable explanation of how this could occur.

 

Not sure about big bucks per se, but not sure why several at coin shops would not mention the under-strike, as they were able to see both sides.

 

Interesting info to know . . . this coin as been out of circulation for sometime, so guessing it was done at least before 2000.

 

As with any subject, it all depends on the level of knowledge. Errors are a niche specialty. Just because you are a coin dealer, doesn't mean you're an expert in every area. Just like a CT member who may be an error specialist
but knows very little about ancient or world coins.

In addition, this type of fake can be deceiving, and I'm not sure how many non-specialists would pick up on the reverse, at least during the initial look.

 

Wonder if Insider is on vacation , I haven't seen him in a while. He seems to like commenting on these. Jim