Hello - I found this 2004 D vanishing 4 penny - Is it anygood? Will I get a quarter for it plus shipping if I put it on E*Bay? Any and all feedback is welcome FoundInRolls - I bet you know the answer hehe Please help! Esky
Well $1.50 for shipping should cover the fee, postage and envelope. So, if I sell the coin for a quarter, I'd make $.25 cents. Which is worth it because I only paid a penny for the coin. Traditionally it is the buyers who foot the charges on whatever is charged like shipping, listing, etc. Do I feel bad? No - I've paid my dues many times over The only key is, the coin needs to be worth somewhere around $1.75 to the buyer and that is why I'm asking you guys if the specimen is something good or not hehehe What's this thing worth? If I can't get the $1.75 (Total) for the coin, then it's best I just put it in a 2x2 holder and put it in my collection - because E*Bay charges $.35 right off the cuff for the cheapest listing and if I want to risk $.35 cents to make $.25 cents then I'd just as soon walk over to the casino and take my chances, which I'm really horrible at - so it's best I stay away from gambling and seek advice before I list any coins ... hehehe :eat: Esky
Well I found my 4th 2004 D coin that has this same vanishing effect. Plus, a regular 2004 with the same effect. I've only had these under the magnifying glass - I have a 10X Loupe on the way - but is there an expert in the field on this? Is it possible there is a 2004 Die Error that nobody has found yet? Yeah, I know the odds of that are tremendously bad - but it's really odd I've got these 5 pennys in the same batch like this. I don't think a machine caused this as damage, as one of the pennies looks to be in mint condition. The other three are in great shape as well and all four have virtually only a shadow of the original 4 in 2004 and half the D in shadow as well. Is this a coincidence?? I'm not experienced enough to know. Any advice is welcome or any references to an error coin expert for contact would be greatly welcomed. Thanks - Esky
What you have there is a group of coins struck with a grease filled die. They are not uncommon. And it's not unusual at all to find several in the same condition - they probably all came from the same roll. But if you are intersted in such things, you have a neat collectible because of the progression. In other words, every time that die that was clogged with grease struck another coin, a bit more of that grease came out of the die. So the next coin it coin it struck would be ever so slightly different than the one before. If you can look at 5 or 6 of these coins you should be able to see a noticeable difference between at least 2 of them. On one the 4 will be easier to see than on the other.
Okay - that makes sense - because some are deeper than others and there is kind of a progression. Wow - what are the odds of that, because I found them in the same bag, but different rolls, so they were closely on the verge of being separated. I'm happy I found them that is pretty cool. Thanks for the valuable info GD I'm curious - about how many coins does a greased die usually spin off? How does that work, does the grease just eventually work its way out or are they cleaned by a mint worker? Esky
Grease filled die is extremely common. Probably 1 in 30 or so coins was struck with a grease filled die. I don't know about the cleaning, they probably wipe off the die every few hundred? or so strikes.
I'm trying to remember just how many coins a modern press puts out in a minute - I think it's about 750. I know between Denver & Philly they can put out 25 million coins in 24 hrs. So I don't think they are wiping the dies very often - if at all. About all they do is change the dies every million strikes or so. So the answer is the grease just eventually wears off the die.
That's neat information. I really should take my kids to see the Denver Mint one of these years. Maybe this summer?? It must be a worthwhile adventure? Any tips on going anyone? Esky
I suggest keeping that coin. Lately over the years I've noticed and increase in interest in error coins. I myself am an error collector. At coin shows I've noticed a great increase in the prices of the slightest error coins lately. That book called "Looking Through Lincolns" that lists hundreds of varieties of penny errors has started this interest I think. We have at least two coin shows a month around here and error coins are getting big. However, as noted what you have is very common but in the near future, if you keep them, the 2004 will be an old error coin. The new cents being weak structurally will be almost all worn into oblivion soon so yours will be worth something.
