1942 Lincoln cent error??

Discussion in 'Error Coins' started by Jimm, Sep 12, 2020.

  1. eddiespin

    eddiespin Fast Eddie

    It’s not a word but a blend of words.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Kevin Mader

    Kevin Mader Fellow Coin Enthusiast Supporter

    When something is of interest it can bring a premium. I was surprised to learn that folks are selling rolls of nickels made from cracked/chipped dies for around $0.50 a piece. I would never have thought that. Personally I would not buy or sell common coins with typical die wear. But there are folks willing to buy them, either out of interest and lack of time or that they aren’t aware how common they are. Not my thing either way. But to each their own I suppose. That said I don’t feel that a NAV statement is inappropriate. I still feel it’s uncommon to buy rolls of common coins and in the numismatic world, die stage (with or without cracks) doesn’t factor into grading (although can affect desirability perhaps). People will overspend so sellers may overcharge.
     
    cpm9ball and eddiespin like this.
  4. eddiespin

    eddiespin Fast Eddie

    A late stage nickel in MS, everything else being equal, will sparkle like a diamond. We see that on Morgan Dollars, too. I’m not picking preferences mentioning that, but it’s a reason for an interest in them. You add attractive color on one of those, and wham, there go your eyeballs, they just popped out of their sockets.
     
  5. Kevin Mader

    Kevin Mader Fellow Coin Enthusiast Supporter

    I completely agree. There are things that set off a coin. No doubt about it. Like Environmental Damage. Bothered me at first but after learning about low-ball collections and seeing real interest in an environmentally toned set of nickels, my brain shifted. I’m still struggling a bit with tarnished MS coins but even that is changing. And the eye desires what it will. What one person finds attractive another does not. Neither is wrong. I suppose that’s why we feel compelled to agree or disagree with others on coins, appearances...most anything. Perhaps we all need to step back and reframe a comment in a better context. Or not comment at all.
     
  6. eddiespin

    eddiespin Fast Eddie

    Tarnish is environmental damage and it throws off your eye movement through the coin as well because color is stronger than detail and the engraver only had the latter to work with. But just like you I’m softening up to it. Personally I’m partial to the kind that gently blends in with the landscape if you will and doesn’t shift it around all over the place. And I have to admit, getting used to calling it “toning,” too, but don’t tell anybody this, just to keep the lovers happy. Ah, the sacrifices I make for you all... :)
     
    Evan Saltis likes this.
  7. Neal

    Neal Well-Known Member

    Does the OP's coin have added value or not? People will buy what they like, and pay what they want to. What to me has no added value, to someone else is worth a premium. Everyone is free to make up his or her own rules for what is collectible or beautiful. I don't like toning regardless of the color (it is surface altering environmental damage), but someone else might have a collection of "beautiful" (in his or her eyes) toned Morgans for which they paid a fortune. If it brings them joy, that's their business and I am happy for them! I wouldn't pay a dime premium for a doubled die variety that I can't see without a strong magnifying glass, although I would stick one back in a 2x2 as a curiosity if I got it at face or as a gift. Personally, I think lamination errors are interesting, and I might pay a very small premium for a nice one. On the other hand, if I were looking to profit by selling a coin, I would have to consider the likelihood that someone else would pay a premium. What I like would have nothing to do with it. It is unlikely that a serious collector or dealer would be willing to pay anything extra for the OP's coin. On the other hand, it is a genuine minor error and who knows what it might bring on ebay or one of the other wilder markets.
     
    Kevin Mader likes this.
  8. Kentucky

    Kentucky Supporter! Supporter

    ...now you are obligated to explain "lamination" since he doesn't want to learn...
     
  9. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    People on many of the coin forums have been using it ever since I coined it in 2005. That's good enough for me.
     
  10. Jimm

    Jimm Active Member

    I
     
  11. Jimm

    Jimm Active Member

    Gentleman all good reasons for what was discussed I personally am not a collector I'm a seeker I seek out coins that bring premiums or just cool I post them I usually sell them and I keep going my very first coin that I sold was a 1909 cent in which I got $100 for it I do this as a hobby cuz I am disabled I'm a retired vet from the Marine corps ooorah 22yrs this is a good release from everyday life but it's starting to consume me LOL I can see why people collect coins they're beautiful but I don't have the time that you people put in to it. your knowledge out here is second to none I appreciate all that you people do out here but stop ramming that red book up my ass LOL thanks for your advice I'll be posting some very different coins I received from a lady on Facebook who traded me for bottles that's right bottles her grandmother died left her a coin collection she doesn't like coins she doesn't do coins her family don't do coins but she loved my bottles so she suggested we trade well so be it I got to get some pics today make sure I have good light and then you can fill me in on what I got thanks everyone ciao
     
    john65999 likes this.
  12. john65999

    john65999 Well-Known Member

Draft saved Draft deleted

Share This Page