Can anyone tell me what kind of error this is and is it worth anything? The coin is slightly elongated and the weight is the same as a 1927 wheat. It seems to be in a very good condition given it's age.
It kind of looks like a railroad rim error. Can you provide a pic looking at the coin from the edge ? This would confirm it.
Yup - that would be the one It's definitely a railroad rim error. They occur when the collar slips during the striking process. This type of error is not very common and to some collectors it may add a premium to the value of the coin. As to what that premium or value might be - it's hard to say until you sell it.
GDJMSP, do you know where one could go to find out how much a coin like that would be worth, im curious as well!
Did you look at the pictures ? You can read about this error - Click Here It is also known as a partial collar error.
These are not partial collar errors ("railroad rims"). These are encased cents (lucky token cents) that have been removed from the surrounding ring. These coins will show: 1. An abnormally small diameter 2. Warping of the surface (seen here) 3. A concave edge, similar to the rim of a bicycle wheel without the tire (seen here). 4. Often a horizontal or sloping shelf lateral to a false rim that's pushed inward. A true partial collar error will show: 1. A diameter that's greater than normal next to one face. 2. A "step" on the edge where you make the transition from the collar-confined edge to the unconfined edge.
Mike is correct - I should have looked at those pics more closely Look at the link I provided below - click on the pic of the partial collar/railroad rim error. You will see exactly what Mike describes.