Discussion in 'Coin Chat' started by AlexN2coins2004, Jun 11, 2009.
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BTW, welcome to CoinTalk.
No one is being ripped off, they are bidding by their own free will and hoping that when the dust settles they will have a 1955 DD type of error. For now no one knows if these will be "significant".
__The strength of each doubled die.
__The numbers of each variety produced ( never know for sure, but one can estimate by the numbers found by searchers. If none are found in general circulation and only in the mint rolls, it would be easier to estimate.
__Whether PCGS or NCG recognizes a certain variety ( Biggie for monetary angle)
__Whether the general collector wants them also ( has to have an interesting nicknames like some of the other series.
Just because collectors may recognize a variety, if the major TPGs don't label them, the value is very minimized. The people selling on Ebay are hoping they are very common and TPGs won't label them, so they won't feel the pain if they go for many times the amount if the opposite occurs.
2009 P formative cent: double die on reverse, the left THUMB and FINGER holding the book.
several distinct errors being reported on the LP2 reverse. Double thumb. Double index finger. Double thumb and index finger. Last I checked there were about 4 distinct varieties. Ultimately it will come down to how rare or scarce they are. I agree that the price is "hunting" its level right now. Nobody knows yet how it will all play out. You pays your money and you takes your chances.
2009 Formative Years Lincoln Cent Doubled Dies
Posted: 08 Jun 2009 03:29 PM PDT
Several collectors have identified doubled die varieties for the 2009 Lincoln Cent Formative Years design. The story made the front page of this week's issue of Coin World, which describes four different doubled die reverse varieties.
The doubling occurs on the reverse of the coin, around the area of Lincoln's hand, which holds the book. The first variety shows a completely separate "extra finger" between Lincoln's thumb and index finger. This one is the most visually dramatic and might get the most attention. The second variety shows doubling on Lincoln's thumb. The third shows an "extra thumb" just above Lincoln's index finger. The fourth variety shows an extra finger just below the thumb, but not as dramatically as the first variety.
The rarity of these Doubled Die Formative Years Cents still remains to be seen, but there are already over 100 listings on eBay. Earlier completed auctions show the coins selling for $20-$30, but the influx of new listings following the Coin World coverage might drive prices down.
Last week, I had opened one of my 2009 Lincoln Cents Formative Years Two Roll Sets before news of the doubled dies became more widespread. I had come across two coins with a significant die crack on the reverse that extended from the rim, almost all the way through Lincoln's head. I also found two coins that were higher grade. I put these few examples aside and put the remaining coins in a plastic tube.
After seeing the reports of the doubled dies, I went back through the Philadelphia roll and found at least one example of what appears to be the third variety with an "extra thumb." The images below show the coin with the doubling compared to a regular coin.
My pictures are not the best since I only have a scanner. Clearer images can be seen in Coin World's article, or on this page from DoubledDie.com.
Has anyone else found doubled dies? You can describe your finds in the comments, or post pictures over on Coin Network.
Thanks, Hobby. I don't follow these coins and had not heard of the error.
........here you go.
Formative years WDDR-043 ms 63
ive got about 85 dollars with grading and buying so its worth at least that
This appears to be post mint damage of some kind. Poor coin has lived a tough life...
Agreed. Damaged. Not an error.
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