1923 Lincoln 'Wheat' Cent Broadstruck Out-of-Collar ERROR. Value???

I, myself, am not a huge error coin enthusiast, but I'm sure there are a couple here in the CoinTalk "What's It Worth" forum that can tell estimate a rough value of this particular coin. Although the surfaces are moderately worn, it still has some nice details in the lower portions of the surfaces on both the obverse and reverse. I know that this is a broadstruck coin, but I am unsure of the value. EVERY COMMENT IS APPRECIATED!

Thanks in Advance,
Brian

 

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maby posting it in the errors section would be better.

 

It is a question regarding the price. And I am sure many of the 'Error Coin' forum visitors visit this one as well. I'll get an answer eventually...

-Brian

 

I hate to rain on your parade again, but I am reasonably sure that is again PMD. I have no idea how you can get a rim inside the outer edge of the coin and more letters cut off.

 

Alright, this is getting pretty ridiculous. It seems that nearly everytime I post something that I believe is an error, everyone states that it is PMD. I agree, sometimes I am wrong. But is it seriously everyones first impression on a coin that it is damaged? Well, please explain this:

http://cgi.ebay.com/1980-Gem-Lustrous-Broadstruck-OOC-Washington-Quarter-/230634867518?pt=Coins_US_Individual&hash=item35b2e8cb3e

... And this: http://cgi.ebay.com/2005-P-Broadstruck-Roosevelt-dime-/110701725593?pt=Coins_US_Individual&hash=item19c6564799

...And this: http://cgi.ebay.com/1999-lincoln-ce...66?pt=Coins_US_Individual&hash=item56433c5382

...These coins, along with mine, look to be off-center broadstrikes. They are fairly common, but I am unsure how rarely they are seen on Wheat Cents. I am in no way trying to insult your or anyone elses opinion, but it just gets kind of aggravating. Not every broadstruck coins are perfectly centered. That's why I included "OUT OF COLLAR" in the title of the thread. Also, you see how the motto has stretched on the obverse surface? This is due, once again, to the broadstiking.

-Brian

 

The cent and quarter are broadstruck. Not too sure about the dime. I think it is just off center. Now, from your examples, show me one spot were the rim is not on the edge of the coin LIKE on your 1923 by GOD and by the date. Then show me an example where the lettering is cut in half like your 1923 (TRUST). I don't mean has a weak edge, but half is missing.

When the coin is broadstruck and it pushes out from the die, it does not leave the rim behind. The rim has to go with the coin. When a coin is struck, all of the lettering is transferred to the metal (where there is metal). Although lettering near the edge may tail off, it still shows at least something.

 

This doesn't necessarily mean it was broadstruck. I have a nickel that has the entire design obverse and reverse stretched with (nearly) full detail on the reverse. I thought for a long time it was a freakish error but now know its pmd. I have no clue how it happened but it is pmd. That said, I also believe your cent to be PMD. The only way I know that your coin could have happened would be for the planchet to be too large before striking. Other than that, the "error" happened outside the mint.

 

Could be a formerly-encased cent.

 

I would not say that would be my odds on favorite, but that is definitely possible.

 

I'm was reading the thread and hobo beat me to it. Formerly encased cent is my opinion.

 

Ok, I'm persistent. Check these photographs out, please...


...You see, The coin is slightly larger in diameter then a normal Wheat Cent (Example is the '56-D set on top of the '23 broadstrike). Also, I do not understand what you mean by the motto (TRUST in particular) being pushed off near the edge of the coin. This is just a worn example of a broadstike so it may look as if it was what you thought by my first photograph, which may have been insufficiant for a proper diagnoses. The motto is justy slightly faded due to circulation.

-Brian

 

First, the letters you drew are all shorter than they should be - most particularly the S and second T.
Second, show me which of those coins you cited show a decrease in thickness at the edge - let alone outside the rim.
Third, you have show nothing about how the rim is not on the edge of the coin. Those rims are put on the coin prior to seeing the die. Thus must be at the edge unless they have been stamped during the minting.
Forth, you now have 4 of us telling you it is PMD.

BTW, in case you do not know him, Mike Diamond (commented on your last coin) also writes a weekly article for Coin World about error coins and is the president of CONECA. (CONECA focuses on many error and variety specialties, including doubled dies, Repunched mintmarks, multiple errors, clips, double strikes, off-metals and off-centers -- just to name a few.) You are not going to get a more authoritative answer than his.

 

Alright. I give up. I guess if you all say it's a damaged coin, than it's a damaged coin. Also, regarding my previously posted question on another possible error, I honestly thought that COULD have been PMD, but I never thought that THIS coin was PMD. But I suppose that shows that I am not as experienced in the field of error coins as much as other CoinTalk members. I was in no way trying to offend anyones opinion on this coin. That is the original reason why I posted this thread, for opinions...

-Brian

 

Brian,

It is all part of the learning process.

 

As for the price on this error,I'd say it depends on the collector!!! I'd say on ebay you could get 10.00$ for it.

 

If you were totally dishonest and didn't mind permanantly tarnishing your reputation.

 

I'd never do anything like that. I'd feel too guilty. I only sell coins that I am 100% are authentic. And if I am only 99.9% sure, I ask CoinTalk, and they usually can give me a straight answer. In this case, I am very grateful to all that helped in this dillema, because I would have hated to know that I had sold a FAKE ERROR to a collector.

-Brian