hello i am new here, i came for help with some of my grandfathers odder stuff. im selling off my grandfathers coin collection and we found this in a box. it is graded at AU58 and is a 1963-d penny on a dime blank. ICG said to sell it at $50 i find that a little low as this is more than likely a one of a kind. what do i do?
There is a special market for error coins. I do note that the label says scratched, so be prepared to allow a discount for that. Hopefully some one more knowledgeable on errors and the market for them will come along and chime in. You can look to auction houses, a internet search will help you find them, you may have to open a "no cost" account to get access to past auction search and prices realized sections. Example: http://coins.ha.com/
Even in that condition and with the scratch the coin can range between $500.00 and $1000.00 depending upon who is looking for one to add to their collection. The advice to sell it for 50 bucks was way off. also as is often the case, the slab could be wrong. I see upset edges so the coin was struck on a planchet and not a blank. There is a difference. Thanks, Bill
You might want to crack it out and send it to PCGS so you will get more $$$ for it. Who knows, it might get an MS60 from them too.
dkstrange I have a 1963 D silver penny, did anyone come to any reasonable conclusion? dkstrange@yahoo.com danny
welcome to the forum. First: I would get it slabbed/graded, then it may be possible to determine prices/values. The $500 to $1,000 was way off base. And the $50 was too low, but-- It would depend on the damage (scratches) and how bad they are.
Sorry, I am new to this, what does slabbed/graded? Also, I have done a little research and find little evidence of any 1963 D coins done in silver (dime blanks or anything else). It would seem to me that I either have a fake penny dipped in silver, or a really rare coin worth a lot more than $50, $500, or even $1000. Am I wrong?
If you have a normal sized 1963D penny that seems to be silver, it is most likely plated. If it were the size of another coin, that might possibly be something else.
Yes, mine is normal size for a penny, probably plated, but my question still persist for the previous post, with a pic of an apparently smaller penny, would it not be worth a lot more than the $50, $500 or $1000 suggestion if it were real?
I would expect a cent on a silver dime planchet would be several hundred dollars but I don't think it would reach the $1K level.
I suggest that you weigh your silver color cent. If it weighs the same as a silver dime, then you might have a nice error. Here is a video describing how to make a US cent either gold or silver colored: http://www.metacafe.com/watch/1262456/make_a_gold_penny/
