Hi, I found a awesome 1996 double struck in collar penny with weak first strike a while back. I was wondering the value Of this error. Any info would be great.
IMO, you should have it authenticated, graded, and encapsulated by NGC or PCGS. To find a value, list it on eBay with an astronomical asking price with a make an offer option. I noticed that you have posted this coin on at least two other forums. Good idea.
Nice.. I say it's legit did you find this in circulation? The reason the 1st strike looks weak is because the 2nd strike caused some of the features to now be flattened.
Very unique indeed. I'd get with a local coin collector/dealer who is submitting some coins and jump in on it to reduce costs.
Actually a very good point. I would take @rickmp on his advice and not hand this coin to anyone you don't trust with your bank account number.
Easier to sell with third party authentication? Better selling price with third party authentication? Just because you don't believe in slabbing doesn't mean others must follow blindly.
On a personal level I agree; it shouldn't need it. However, and I know I'm not telling you anything new, doing so should (not, with absolutely certainty, will) give the OP the best chance at maximizing the coin's potential, and/or at the very least give it the opportunity to appeal to the largest audience possible. Although I certainly understand and respect the other gentlemen's feelings regarding a piggyback, I do believe it should be an option left on the table. All should depend on his (the OP's) personal situation, and since having just a one coin submission can be a costly proposition, he should first weigh the pros and cons before making a decision that best suits his interests. A little due diligence and common sense can go a long way when piggybacking.
The reason I get puzzed by slabbing pieces like this is it would seem to me that the collectors that would be seriously interested in it can tell it is real, and I can't see the grade as being that important. I will agree that is will increase the potential buyer population among those that think "that looks neat!" but don't really know what they are looking at. And I admit it, I am seriously biased.