Anyone know how would this error be categorized after being graded?

In the small store where I worked and found so many of my coins in the 50's there was an old man, brother of the owner, who kept every IHC he came across. If he didn't get it I would. The old guy kept them in coffee cans hidden in the basement. After he died I looked everywhere in that store and never did find them.

 

Log in or Sign up to hide this ad.

@Bargainbidder What did the Heritage people say caused the error?

 

Please let us know how much you get for these errors.

 

My dad would at the time clean up property that had been torn down or had a fire. Usually small mom & pop stores and the coins I would find as a kid at those corner markets that fell through the cracks would fill my pockets. But as a kid it went all to candy and soda.
He may have hidden cans in his yard, after the depression my daddy would because he didn't like many that went through that period.

 

They said it had possibility of rotated die in collar strike and hub doubling but needed me to send to PCGS for grading and verification. Contacted PCGS and was instructed to take out of set and send in protective holder. Which made me wonder and asked them is that what people do to a proof set? Haven't received a response yet.

 

Your 2014-D isn't a proof.

 

Oh no...I was talking about the 1983S Presidential Prestige set I sent Heritage pics if to ask questions. I'm sorry if I may may have confused anyone.

 

Did Heritage get the same photos you showed here? If so, I wish you the best, but I hope you are OK with accepting the results , which ever direction they go. Even for the slack they give single squeeze coins, I do not see in those photos any indication of hub doubling. Did the appraiser give you his name and position in Heritage?

Jim

 

What exactly did Heritage see in your set? You can readily find them on eBay for $35 to $55.

 

@Bargainbidder Just to clarify, is this correct?

Heritage did not appraise the 2014-D cent in your original post?

Heritage did look at the pic of your 1983-S cent you posted later in the thread.

It looks like Heritage didn't confirm the Proof cent was an error. They told you to take all of the risk by having the it certified and would sell it only if a TPG confirmed it was an error. BTW, Heritage has on line auctions for slabbed coins worth much less than the $5-10k you mentioned. If you search their sold listing you'll even find a few coins selling for less than $100.

The circular ring on the obverse of the 2014D is from a coin rolling machine. You commented that you see this a lot, and it's no surprise. New collectors frequently ask about this on Coin Talk.

You got some very good responses from collectors who are knowledgeable about errors and the minting process. Maybe some weren't in the nicest tone, but they were accurate. The 2014D looks like residue. The 83S looks like plating blisters. At least the members didn't tell you to spend $50+ to have in attributed so you wouldn't become upset with them if they told you the truth.

Just trying to help a new collector learn and not waste money, but you're free to believe what you want

 

Want to thank everyone for their input as I approach retirement and able to spend more time going through this monster of loose change I created my head is spinning with questions. I really enjoy the beauty and design American coin and paper currency have evolved from birth of our nation.
I just didn't realize how much a person can put away over 40+ years striving through life working, raising a family and list goes on. But it will give me a direction once I decide to enjoy 401k, pension and social security. To clean out my closet..ha!
Just kidding, will learn as much as I can using internet plus set my man cave up with proper tools needed.

 

I don't know what Heritage was seeing. The cent MIGHT have a slight die rotation but not enough to add any premium, and the reverse of the cent is showing the heavy "orange peel" surface that you often see on the proof plated cents. But I don't see ANYTHING that would result in any premium over any other Prestige set of that date.

 

I'm so sorry for not answering sooner Conder101...not sure and wrote them just wanting any information. Could be because of the low mintage or that process proofs go through have them believing it's appeal. Took almost 2 weeks before I received an answer so they must have been tossing possibilities around. Nothing to lose if it didn't meet their expectations at auction should I decide to go down that path and everything to gain if it surpassed those expectations maybe. I don't know but thought of taking it out of a sealed case to send in doesn't appeal to my idea of a proof once exposed to air. What are your thoughts about that if I may ask?

 

No, actually most dealers DO NOT send you in the right direction about Mint errors. In fact, most have NO IDEA what they're talking about. Most don't know damage from altered errors. Even certification and grading companies get many errors wrong. They cite damage when it is not post-Mint, and don't catch damage when it is. In fact, experienced dealers are some of the WORST people to bring possible errors to because of what I call their "longevity arrogance"

 

FYI - Mint packaging is not airtight.

The decision is up to you. You received answers about your 83S from from some knowledgeable numismatists on here. You also need to decide if Heritage spent 2weeks having multiple experts evaluating your pics of if you just got a non committal courtesy email response from an admin staffer after it sat in their inbox for awhile.

Based on what I can see, I think you have a coin with plating defects (common in Lincoln cents in the 80s) and some minor mechanical doubling, which add no value and might even detract from the value since its a proof. Based on the cost of grading and additional fees to have it attributed as an error, I would keep the prestige proof set intact and not send it in.

HOwever, if you're convinced that it has significant value based on the information you have, breaking it out of the set and sending it in is the only way to realize that value. Hope you aren't disappointed

 

Thank you so much for the information. Even at 60 I have so much to learn and truly want to.

 

Thank you Jcro57 and do wonder how grading company's evaluate a coins worth. Considering the low mintage not only of the set I have but all that were produced that year. I would think that the process how proof sets are inspected, dies buffed and replaced much more frequently than those for general circulation, any error's value would have a premium value. It's important enough for them to publish how many errors that were minted and how many are known of. That's just my opinion which doesn't add up to a hill of beans...lol

 

I don't believe it is possible to count the errors. And if the Mint did find them, they would be destroyed

 

The 1983's was the first year for the proof copper plated cents. 1982 and 83 are known for serious problems with the copper plating. The 82 proofs were still made of copper so 83 was the first year gaining experience with the copper platting on the proofs. One thing the learned was they had to increase the plating thickness on the proof planchets to help avoid the "orange peel" problem and to cut back of the spilt plating problem. (The plating frequently splits around the outer eadge of the lettering on business strikes, and with the double strikeing done on proof coins it was an even greater problem.)