Can anyone tell me anything about this coin? The rim looks doubled die, but I have been unable to find any information for it. Thank you in advance.
Well you all were so helpful I have a few more I do not know about It looks like maybe DD on the "trust" and the other two look as if the "D" was minted over??? Not sure if that is the correct description. I am a coin saver....not a collector (yet)
#1: Die erosion, no added value. #2: Nothing #3: PMD- Post Mint Damage. you said"other two look as if the "D" was minted over" Not 'minted over' if anything it could have been a repunched mint mark, but these aren't
I'm just going to keep looking until someone gives me some good news. I WILL find something worth $5.00 sooner or later that you very much!!!
I have many red BU Loomis rolls of 1960,61,62,63 and 64 rolls , should I be checking them for errors , which ones , or keep unopened ?
The correct description for your first Cent is a MAD or Misaligned Die on the Reverse side of the Cent. Do you still have this coin?
If nothing else I am determined :-D someday, somewhere, a penny that will buy a footling will come my way!!!
I assume you mean varieties, but there are many (mostly minor) doubled dies known for those dates. If searching is worthwhile will depend on your abilities, and what you find enjoyable. The chances of finding anything significant are fairly remote, but stranger things have happened. There's always the ultra grade game, but it isn't for the faint of heart.
No... this is not fact. Again, you're taking the price of grade A copper and applying it an alloy. Perpetuating this falsehood helps no one other than, perhaps, the "cent as a copper investment" shams.
Then why did they start making them out of zinc? I remember when they switched over. Banks in my area were buying 2 rolls of pennies for $1.10 because of the copper price.
If you don't believe me, please research it, or better yet, ask a refiner. The price regularly quoted for copper, and that's used by sites like coinflation, is for grade A. While a cent may technically contain an amount of copper, if pure, would be worth the listed amount, the cost of refining into grade A would, if legal, put you at a number well below the original face value.
