If it's legit it can carry a premium. I looks fishy to me IMHO I've seen a few fakes made like yours. Where did you acquire it from? Please show both sides. Let me tag a few error specialists @JCro57 @Fred Weinberg Welcome to CoinTalk
Why strike a second time if the coin clearly was well-centered on the first strike? Why are the surfaces of the second impression unnaturally nice compared to the natural looking surfaces of the first? Moved metal from a much more recent second strike filling in voids left by corrosion of a much older first impression? Most importantly, the second strike was delivered by a different die from the first. I see nothing that speaks of a second strike in the US Mint . . . nothing.
This is another instance where I would ask everyone not to validate something we are not positive about. Better, closer, clear photos are needed. At this point @ToughCOINS has the best answer. IMHO.
Sorry, I was not referring to you. It was just a general comment for future posts. I see where you were going with it.
Do you know where that happens a lot. On a few Facebook pages about coins, paper currency and mint errors.. Every newbie thinks they're an expert and everything has to be an error.. I just visit those FB pages to get a good laugh
New to the site thought I did post both sides. It’s my son in laws coin. It was given to him with a bunch of older coins from around the world. Haven’t seen it in person yet. He has other error pennys but much newer. Wasn’t sure if they made more errors 200 years ago then they do today.
One way to be sure that an error of this sort happened at this year in time, is to search the minting process of an 1802 coin. Just a thought?
Why would someone go to the trouble of tooling an error coin (of fixed alignment and orientation) for which the alignment and orientation of a legitimate mint error of this type would occur randomly? Why do you believe it was cast? Where do you think it was gated?
Hard to be sure from the one obv. photo only, but I've very suspicious of it 'as is'. We'd need to see a nice photo of the reverse - The surface corrosion is a factor, obviously
I am going to pick the coin up next week from my son in-law. I live in NJ and they are in the DC area. The coin was his great aunts, who worked in a bank. I’ll have better pictures and maybe weight and exact sizes. No harm no foul, I appreciate everyone’s positive comments and thoughts!
So after everybody’s opinions, I went to the Baltimore coin show and sent the penny off with PCGS. Just got the news that it is a mint error. Very pleased but a long wait. Got my 5$ libertys back in 4 weeks. The penny was 4 months and is on its way back to us now! Lol! Thanks to all the people that gave positive comments and to the non useful comments he who laughs last laughs longest.