I have a mint state(?) 1955s penny with a filled in "liberty"

Hi there

I am new to coin collecting and have come across this coin at an auction in Brisbane (Australia).

Between the "b" and the "e" in "liberty" seems to be filled in. I was wondering if this error is rare and/or valuable...I was wanting to offload the coin eventually to buy some more Australian coins

See the photos below. Sorry about the quality of the photos. If I wanted to sell this coin is it worth getting slabbed?

Thank very much for you help!!

 

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It's called a " BIE " error .
Caused by a die break ..

 

Here's some better images of some .

 

Thanks Rick. Very interesting. So this is a common error and one I should just squirrel away?

 

Put it in a 2x2 flip and put it away..
Yes it is common on Cents struck in the 1950's but could be found on any year.
Here are 3 different 1994 BIE's from my collection -

 

Ya .
It's pretty common on wheat cent .

 

Nice to have but not a Major Mint Error
Here is some information -
http://www.lincolncentresource.com/FAQ/BIE.html

 

Thanks mate. I like US coins and I try to pick up any interesting coins that come up at auction. Being from Australia I focus more on Australian error coins of course!

 

BIE's are fun to collect. It is also nice when the coin has luster and nice details.

 

How did you take such good pictures?