1892 Penny

Discussion in 'Error Coins' started by Jimmy sanchez, Aug 20, 2019.

?

Weight

  1. Yes

    2 vote(s)
    100.0%
  2. No

    0 vote(s)
    0.0%
  1. Jimmy sanchez

    Jimmy sanchez Member

    20190820_022000.jpg Hello everyone, I have a question maybe some of you can help me with. I found this 1892 Penny coin roll hunting today. I think I have done my research on it. But I need your opion , expertise on the matter. After 1864 the Indian head penny. Should be weighing 3.11 grams correct?. So I have weighed this penny. It comes out to 2.9 grams. Should I try a differnt weighing method to get a precise weight. Any info would be great and helpfull. Thanks again.
     

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    Last edited: Aug 20, 2019
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  3. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    You should also show the obverse side. We need to see it in order to see its condition. Could be an issue as simple as circulation wear which would make it weigh less. The reverse that you have shown looks worn. So wear will affect it. You also should know that coins can have a +/- varience in weight at times. So it could of started as a lighter struck planchet within tolerance and then became worn.
     
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  4. Jimmy sanchez

    Jimmy sanchez Member

    Thank you sir. I will post a pic of the Obverse side right now
     
  5. Jimmy sanchez

    Jimmy sanchez Member

    Picture has been uploaded sir.
     
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  6. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    Ok.. I see it.
    As I stated. It could of started off as a lighter planchet then the circulation wear added to the lower weight. It's within tolerance.
     
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  7. Jimmy sanchez

    Jimmy sanchez Member

    Thank you brother. It is much appreciated.
     
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  8. Jimmy sanchez

    Jimmy sanchez Member

    So if you had to regrade it again. Now that you have seen the obverse and reverse of the coin. Would your grade be the same as it was? Or did the grade go down?. Also what is your opion on the value of this coin.
     
  9. Stevearino

    Stevearino Supporter! Supporter

    Can't give an estimate of the grade and value without close-ups of the obverse and reverse (although the grade will not be high and I'm guessing it will be worth about $3, give or take; not bad for finding it coin roll hunting).

    Steve
     
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  10. Jimmy sanchez

    Jimmy sanchez Member

    Thank you Steve. It is much appreciated. It will go into my collection. It is a small collection. But we have to start somewhere.
     
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  11. Stevearino

    Stevearino Supporter! Supporter

    Absolutely, Jimmy. It's YOUR collection, and if it gives you pleasure putting it together, more power to you. There's no need to compare it to others.

    I just read the news story about the 1894-S purchased for $1.23 million. The new owner needs only six coins to complete his collection of every coin minted by the US Mint. He has deep pockets. It reminds me of what some say about the NY Yankees: "The best team money can buy." But your collection, Jimmy, can mean as much to you as the Utah gentleman's collection means to him (or my modest collection means to me).

    Steve
     
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  12. Jimmy sanchez

    Jimmy sanchez Member

    I like your analogy of it. As for the Yankee's go. We all know that Reggie Jackson cheated and took the DODGERS world series. Yes sir tou gueesed it. IM A DODGERS FAN. For 34 years of my 44 year life. But I do get your point and view of it, and yes. I also read the article today. That has to be an AWESOME feeling to accomplish somerhing your heart is set on doing. I will love and brag about my collection to all that will listen. BECAUSE IT'S MINE!!!!!!
     
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  13. Michael K

    Michael K Well-Known Member

    I'm not a fan of the color. Some where along the line this was cleaned improperly.
    $1 max. As for the weight, it could have lost a little in circulation, as it is very worn, and your scale only goes to tenths, so it could be 2.94. Could be a slightly thinner planchet or just 125+ years of circulation.
    Could be another Great American Coin Hunt find.
     
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  14. Jimmy sanchez

    Jimmy sanchez Member

    Man wouldn't that be AWESOME if it was a great find. And yes, it does look like it was cleaned up. Or they tried. Thanks for the input.
     
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  15. Mike Thornton

    Mike Thornton Member

    I'm in agreement with paddyman98 on the weight and Stevearino on your scale. I have a nice one, photos attached. I have a similar scale, only goes to 0.1g. On it, this coins weight moves between 3.0-3.1g. Just ordered a replacement that gives me hundredths of a gram. Regarding the planchet NGC's analysis shows

    "The mintage of cents fell a bit in 1892, as Mint Director Edward Leach sensed collusion between the Mint's vendors to fix prices for planchets at a higher level. The Philadlephia Mint simply used whatever planchets remained from previous purchases, and it supplemented this supply with planchets of its own manufacture produced by melting worn cents and obsolete two-cent pieces."

    So it is possible the phanchet was off spec to start with. Then consider the wear. Anyway still a nice find. (and yes, mine has likely been cleaned by a prior owner but I got it at a reasonable price). 1896 Indian Cent obv.jpg 1896 Indian Cent obv.jpg 1896 Indian Cent rev.jpg
     
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  16. Jimmy sanchez

    Jimmy sanchez Member

    Thank you for the feedback. It truly means a lot to me. I have a lot to learn. But theres nothing but time. So i will obsorb as much info as I can from you fine folks.
     
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  17. thomas mozzillo

    thomas mozzillo Well-Known Member

    44 years old. 44 was Reggie Jackson's number while he was with the Yankees. His number was retired by the Yankees in 1993.
    If you'd like, you can watch Reggie hit those three homers again on YouTube. lol :)
     
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  18. Jimmy sanchez

    Jimmy sanchez Member

    You sir, are a cold piece of work. Lol. #GODODGERS
     
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  19. Stevearino

    Stevearino Supporter! Supporter

    I am old enough to be a fan of the OLD Dodgers: Koufax, Campanella, Drysdsle, Erskine, Reese, etc. When they moved to L.A. and the Senators moved to Minnesota, my loyalties switched. But a Yankee fan? Never
     
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  20. MatrixMP-9

    MatrixMP-9 Well-Known Member

    fun read all the way down.
     
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  21. Cheech9712

    Cheech9712 Every thing is a guess

    Your question soundds fishy
     
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