1998-S LMC Double Struck & Rotated In Collar Proof Error

Your Cent is a very nice find! You should definitely send it to have it attributed. Concerning value.. there could be a big premium but I really don't know how to price it. Maybe a few hundred dollars. Proof Mint Errors are rare.

 

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Based on the additional pics and comments from @paddyman98 I feel my comment in post #13 regarding the coin being photoshopped is incorrect. Please disregard

 

I think it is real. As for value, it depends on what someone is willing to pay for it. Like @paddyman98 said, proof errors are rather rare since the coins are processed by hand at the Mint. I'm 99.99% positive that your Lincoln cent is a one-of-a-kind.

I had a 2005S Silver Proof KS SQ that I sold for $1,000, but it was graded and certified by NGC as PF70UCAM FS-901, a Top Pop with no others. I, too, would encourage you to submit it for grading and certification. It won't show up in any Census Report because it is an error instead of a variety, but that shouldn't take away from the value.

Chris

 

Is it April 1 ?

 

Welcome to CT by the way.
The OP should hand carry that to a TPG and walk it through.

 

Yeah, they might try and steal it since it is a million-dollar coin. But seriously folks, is "walking it through" something you can actually do? Remember Redwin?

 

This pic is the most informative one yet. You can actually tell that "it's" on the coin.

 

Same here.

 

This coin was part of a large collection that I purchased off eBay. The seller mentioned there were also some generic coin albums containing a few proofs, but didn’t provide any other details or pictures, so I didn’t take that into account when I negotiated the price. So I was surprised when I opened the cents album and immediately noticed the double strike on this coin.

I do plan on sending it to PCGS for grading and attribution and will most likely put it up for sale afterwards since mint errors aren’t really my thing.

I was hoping someone had experience buying or selling similar double struck proof cents and thus had a good idea what the market value is, but it sounds like this type of error is so rare and unique that the value won’t be known until it is put up for auction.

 

I wish you the best of luck with it. My apologies for my previous comments. Please keep us informed on the results with this coin, here at Coin Talk !!

 

Looks lile the real deal to me. But these things happen. Are you up to date on this stuff?

 

I really do hope that you will keep us informed after you get the coin back from PCGS. So rarely do we ever get the opportunity to learn of the results.

Chris

 

@mithril21 like he said. This is a great find and we're interested with your TPG FINDINGS

 

This coin is currently in process at PCGS. I just came across this article from 1999 when PCGS first introduced their mint errors program. The articles includes the following paragraph:

Does anyone know if the third factor is still true or if that has changed and they will grade proof error's? If not, then I just wasted a lot of time and money sending this to PCGS when I know NGC grades proof error's (e.g. 1720414-055).

 

Cheech, if you're replying to me (you quoted my post) then my answer is " Of course not" which is exactly why I posted my apologies in the post immediately preceding yours. Didn't you see or read it?

This error is one of those rare, scarce, or whichever word the "Numismastergrammatician of the Day" chooses to prefer, items that come along so seldom that very few people (including myself) have ever seen one.

To paraphrase Abe Lincoln : " One can know everything about some things, and some thing about everything, but no one can know everything about everything. "

A very wise man, Abe Lincoln.

I'm never too _______ (you supply the word) to admit I'm wrong.

 

Love ya brother

 

If PCGS refuses to authenticate and grade this coin because it's a Proof coin, it would be the stupidest thing they could do.

 

https://www.pcgs.com/shared-orders/order-details/21588283

 

If it comes back without the "Mint Error" designation IMO you should send it to ANACS or NGC. ANACS does assign errors, not sure about NGC. Other members probably know. Also contact @Fred Weinberg. He's another expert on error coins.
Please keep us posted.

 

https://www.pcgs.com/cert/37053142