"Railroad Rim"(Partial Collar) and Lamination Error Pennies

The first 3 photos show a 1971 penny I found 2 days ago in my cash register. What do you all think about it?? From what I found out from researching, it has a "railroad rim" or partial collar. I have no idea what it would be worth!!

The last 2 photos show a 1946 wheat penny I have had forever. When I found the railroad rim penny, I looked through my collection of wheat pennies to see what treasures I could find, and found this one. It looks to be a lamination error. It looks as though the surface is peeling and I can feel it also. Notice how the LIB in LIBERTY is missing and directly behind it on the reverse, part of the wheat is missing.

I know nothing about these coins, so it would be very helpful if you all would give your opinion on them, and give me your guess as to how much a collector would pay for them. I'm not looking to sell them, that is, unless they're worth a fortune, which I doubt! Thanks in advance!

P.S. These are the best pictures I can manage with my camera. Sorry if they're lousy

Angela

try this link: http://s899.photobucket.com/albums/ac195/AngelaM20021/

 

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It resembles a partial collar error but a larger picture would be needed to be sure it is not a cent that was damaged in another way. It has potential

Have Fun,
Bill

 

there are larger pics on the photobucket link. So, hypothetically speaking, if it were a partial collar, how much would something like this be worth? I'm sooooo curious and can't find an answer!!

 

There are two LMC partial collars on ebay right now. One ends tonight, but is at $10 right now, and the other is a slabbed one by NGC that is trying to be sold for $50 - and probably won't sell. To answer your question, a circulated penny should sell for about $10 - $15 as long as it is problem free (no scratches, etc).

Partial collars on wheat cents are worth more - probably in the $30 range or more depending on year. Partial collars on Indian cents go for around $50. On state quarters, around $20 (i sold one slabbed on ANACS recently for $22).

good find by the way!

 

and about laminations, some collectors (myself included) feel that laminations are worth less than coins without the lamination. The reason? because the planchet was imperfect and deffective, and some collectors equate this with having a flaw. But if the lamination was large, or broke off and was then struck through the coin, then it may command a premium. This aside, you can still sell regular lamination errors on Ebay for a few dollars.