Best find ever

I was just about to throw in the towel for the night when I stumbled on this. Worst part is I have had this half a box of cents sitting on my desk for 3 months probably.

2006 P DDO

Coppercoins.com listing

Sorry the pictures are so bad. It's about 3 a.m. And I'm running on fumes after all the excitement.

 

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where do you see a DDO?

 

Looks like notching on the I & Y of LIBERTY, and the top of the T as well as extra thickness on IGWT and date.

 

Compare it to the photos in the link. The photos here are a bit blurry, but it looks like a clear match to me.

 

I could also see that as a DDO. Nice find!

 

I know it's hard to see but it's the one. All the die markers are there too. I checked and then I double checked.

 

I find it hard to get excited about such minor doubling. Don't mean to pee on your parade.

 

I find it hard to get excited about doubling in general, but when the market says a cent I got at face value is worth 50 bucks or so, it does get my attention.

 

I agree with David Setree.

 

That is one beautiful DDO Nice find! That is a major modern doubled die. It is probably worth a lot more than is listed on Coppercoins.

 

From coppercoins.com:

A rarity for the single squeeze era, this coin shows significant offset hub doubling on the date, LIBERTY and the motto. On earlier examples than the one pictured, some separation lines can also be seen on the bow tie, the ear lobe and the nose.

 

Thanks. I'm mulling over now whether I want to send it off to be slabbed or not. I'm worried if it would grade au50 or better.... Hopefully anacs will run a special and I'll be able to get it sent in during that.

 

It is most certainly a genuine DDO, and a fairly significant one from the single squeeze era. Like I've said to you before, not everyone, including experienced dealers, are knowledgeable in all, especially niche areas, so what one man sees isn't necessarily going to match that of another. It is a fine find, NR; congrats.

 

I'm not so sure this is necessary unless, perhaps, doing so only for your own enjoyment. First though I would do some research to hopefully learn more about completed values. Anyone interested in purchasing such a coin is likely to be knowledgeable in the area, which means TPG authentication may not carry the same weight it would with other types. Wexler confirmation may be another option worth considering.

 

Thanks Books. Im not worrying about the haters on this one. I know what I got.

 

What do you mean by completed values? Is that price differences between raw and slabbed?

 

If possible, yes.... but even if just in general, and by "completed" I mean actual sales prices (website estimates, be it Wexler, Coppercoins, etc can be downright poor at times). I cannot personally speak for a reasonable value on this one, and in fact haven't bothered trying to attribute (my poor eyes tell me all I need to verify it is indeed a DDO), so I don't know of if and/or how many may be certified. However, if there are any out there, attempting to attach a reasonable value if/when certified would be wise unless wishing to slab only for personal enjoyment. There are many fine coins out there that do not "need" to be certified, mostly because it doesn't add anything of worth-the-cost "value" to the coin. It is basically weighing the pros and cons; while I've no doubt that this particular variety, if slabbed, would sell better and likely higher than raw, would the price be equal to or higher than the cost of submission? This I do not know, and is why searching out completed sales can be so helpful when making a decision such as this.

This is, of course, a totally personal decision, so the above is only meant as food for thought that greatly depends on what your plans for the coin are.

 

I see. I'm not entirely sure what I want to do with it yet. Meaning, do I want to keep it or sell it? I love finding errors but I don't really like to collect them because I feel like it is a much more volatile market. I might be way off in my thinking but that has always been my thoughts. Having it slabbed would only be to assure the highest price if I sell it so I will definitely way out the price differences. Good point.

 

I learned this lesson a few months ago when a whole bunch of people kept commenting on how a "certain name" will be able to tell you if you have something or not. They kept doing it post after post as though Christ was about to anoint this forum. Sure as sure the "certain name" showed up and started telling everyone they had nothing. My point is trust no one unless they do you right 3 times. My 2 pennies.

BTW, I can see in your photos that you should know what you got. Personally, I'd float it with a reserve and if it wasn't met, I'd slab it and park it for 5 years, then try again.

 

It is ten years old now, so I wouldn't sweat it much... Some varieties, say the tons of 2009 1Cs, are best sold/offered when hot while with others it isn't likely, but with no guarantees, to make that much of a difference. The key is connecting with the "right" buyer to achieve top dollar, and he is just as likely to be actively search now as a month from now; you just don't know unless they somehow announce themselves. To again use the 09s as an example; in my experience there were plenty of buyers for even the more minor varieties, but once the new shield cents came out, things cooled significantly and to the point giving them away wasn't always so easy. Contrary to what some may suggest, waiting isn't always and often isn't the smartest move (slabbed or raw) if someone doesn't bite right now for the simple fact that this is a niche area. I can tell you that prior to the more recent significant discoveries, this coin was likely worth more, and perhaps more desirable, than it may be now. What once was will not necessarily be tomorrow, so waiting can bite you as well. Again, there are no guarantees in this hobby/business.

I can relate to the not collecting aspect, but for different reasons. The facf is that one doesn't need to own or even collect coins to be knowledgeable in and/or enjoy them.