My Newest CRAZY ERROR Penny!

Picked this up in Chicago - it is one messed up penny, don't you think!

 

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Now that's what I call an error!

 

From what I understand this is pretty much whats left of an obverse die cap that just stretched to the point of coming apart basically. It's pretty cool looking.

 

That is awesome! How much?

 

It's in my personal collection and not for sale.

 

That looks much closer to MS-65 to me... lol, how do they go about determining grades for such coins?

 

I didn't want to buy it, I just wanted to know how much you got it for. Sorry I didn't clear that.

 

Very cool error! Or should I say errors!

 

That is really wild looking.. nice item~

 

I'm wondering the same thing.

 

I wonder how something like that even makes it out of the Mint!

 

I remember seeing pictures of that one, COOL coin!

 

If I worked at the mint, I would probably pocket these things.

 

LostDutchman: I agree that it used to be some form of die cap. I'm not sure if the foldover was done by the minting press or later.

Dmiller/SWThirteen: I am not sure how they actually determine the grade since there is so little actual surface, but I am assuming they look closely at the pieces and what surfaces remain, examining it for wear, spots, toning, marks other than from the minting process and those that are not natural to the coin, etc.

Thecoinlover: As I said, I bought this coin for my personal collection - I did not sell it, nor do I have plans to sell it.

Yakpoo: According to error experts, these types of errors avoid quality-control screening when the Mint ships large quantities of uncounted and unwrapped coins to banks that have their own counting and wrapping facilities. Since face value is estimated by weight in such cases, bonded coins and other types of Mint errors may escape detection.

 

How does a coin get that error?

 

Coin Lover was just asking how much did it cost you to purchase that piece.
He understands its from your personal collection
He does not want to buy it nor does he have plans to buy it.
He just wants to know how much it cost you to buy such a specimen out of curiosity.

 

.

 

i have you covered
lol
look at the post before yours

 

I've always wanted to visit the Mint in Philadelphia, but just never seem to have the time. I lived in Denver in 1997 and didn't visit their Mint, either. I definitely need to reevaluate my priorities!

 

I'm sorry, I misread his second post, but in any event, I prefer not to discuss what I pay for coins.