Nickel-Penny Mystery!

Good morning Mike.
Not to put you on the spot but if you wanted to market this coin, what holder would you want it in?

 

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CONGRATULATION! I think you have now a crown jewel on this 1958 Double Denomination Flip over Penny on a Nickel a Flip Over 2 Dates! My advise to you. Please guard it very well on this coin the WAY i Guard my 1995 Double Denomination Two Full Dates Obverse and Certified it By. Mr. Alan Hager of Accugrade the Inventor of Slabbing coins & cards at Baltimore Coin Show in Maryland on March 2000. Please never ever ship this coin to anywhere never reveal the weighs of this coin. Just bring it to Third Party Grading like PCGS/NGC/ICG/ANACS personally and wait until they certified it!
Here is the Photograph of my 1995 Double Denomination-Two Full dates Obverse with Skull break and a crack die Variety!
Highest Offered received on Ebay when I put in on Auction this Year of January. Please visit my Profile and you will get more INFO about Double Denomination Errors Coin Fact Encyclopedia/PCGS.

 

Sigh..... it was only a matter of time....


*to the OP. This is the first cent on nickel I have ever seen. Others were always determined to be faked and I know of a couple of experts that said it was an impossibility but to have Mike confirm it as authentic (albeit from a pic), I find it far more interesting than the cent on dime errors which are far more common.

 

I think I've already stated (on many sad occasions) my opinion of arrogant Redwin and stupid coin, so I won't waste my breath...

As to your coin, sir, I think you’ve got a winner As recommended, you should definitely send it into either PCGS or NGC to be both authenticated and graded. This is the first Nickel/Cent Double Denomination I’ve personally ever seen and is a stunner to be sure!

Please keep usposted and good luck!
C.J.

 

Any collector would love to have that as part of their collection. This is something people actively search for for decades and never find. Beautiful. Does your father in law collect?

 

Mike (and others), thanks for your insight on this coin. You all are some top-notch folks. I made it through the night with the coin safely relocated and after hiring a local militia to guard the hiding place.

I know nothing about coins other than what I'm learning through this thread. I don't collect, nor does my father-in-law. But his father was wise enough to figure that this coin had some potential value to it. I'm excited to share the news with him.

So that being said, are we better off sending this coin in ourselves to be graded, or should I coordinate with a dealer to have this done? I'm a little concerned now about getting somehow screwed in the process... Should we get it graded before contacting a dealer to consider our options? At this point I don't have any problem traveling to the Seattle side of WA to find a more specialized dealer that our local shops.

Finally, is there a consensus as to who would be able to grade an error coin? Is it just a matter of preference between the PCGS, NGC, or ANACS?

 

Like what I said, GUARD it! Never Coordinate to any Coin Dealers, Just make an appointment first to Any Third Party Grading you like and Bring the Coin personally to them, Let them certified it while you are waiting. It is look you are cashing a Lottery tiket. Your 1958 Doubled Denomination with 2 Dates flip over although the other one is not really Full date but the way I see on that coin is most dramatic than any other coin 6 cents I have ever seen. So if you wanted to gamble that coin then ship it to them but there's a 50/50 chances that you will never have it back that coin. Just remember make a video/ recording of that coin, weigh it on a pocket scale wegh and record it.
That's ALL and GOOD LUCK!

 

You would be the best off sending your coin to PCGS, NGC, or ANACS through a local coin dealer. The coin itself should be in a non-PVC 2"x2" flip upon sending, and others have concurred about the best way to package it.

BTW, very nice coin. Definitely a beautiful example of a double denomination.

 

I think if it was me I would not worry about taking a chance of trying to send this coin in for grading. Your coin is so easy to identify as being authentic it speaks for itself and is in awesome condition. like someone else on here said if you really did want to get the coin graded and slabbed before selling it you could probably find a PCGS , ANACS or NGC coin grader at one of the larger coin shows and get it graded and slabbed right there.

In my opinion the coin you have is probably priceless and is mostlikely the only one in existence like it with both dates showing , also this was the last year of the wheat back cents . the cent was in perfect position for the nickel dies to strike it. if the cent had been rotated the slightest bit in a different direction the 8 of the cent date would have been missing.

the authentic 1943 copper cents sells for over a million dollars and I like your coin much more than the 1943 copper coins. I'm not saying your coin may sell for this much , I'm just saying what I think .

 

In my opinion I would contact a reputable coin dealer that has some KNOWLEDGE of error coins. They will be able to send the coin in for you if you would like you could drive down to PCGS (Newport Beach, CA) and wait for it to be graded. If you ever plan on selling the coin PCGS will most likely bring a small premium compared to the other TPG (third party graders).

 

I like the idea of driving down to PCGS and waiting while it's graded and slabbed, by appointment, of course. Take some friends with you, make a holiday out of the experience; this will never happen again.

Leave dealers out of the process.

Once it's graded and authenticated, the big auction houses will be much more interested in talking to you.

I checked http://www.pcgs.com/Shows/
and PCGS will not be at a coin convention any closer to you than simply going to PCGS itself.

 

Having it graded and slabbed might even get you an
article in the trade papers getting more collectors
aware of your coin and possibly raising the hammer price.

 

I agree completely. Numismatic News especially, always playing catch-up with Coin World, they would make it a front-page story.

The story, if ever written, should state that the coin's in a safety-deposit box. I know you are tired of hearing this, but I'm not tired of saying it. You have one chance to do this right.

And if there's a car trip, the OP stays in the motel room with the coin, his friends bring him carry-out. And at restaurants and gas stations, you don't leave the coin in the trunk of the car while you(-all) are somewhere else. I know TWO dealers who did this (and should have known better) and they now collect -- unemployment checks.

 

Hello tfj,

Welcome to the CoinTalk forum.
:welcome:

Here is a previous CoinTalk thread that describes some 6 cent pieces:
http://www.cointalk.com/t74328/

You have a really nice 6-cent piece error. Based upon the date and quality, I would estimate that you could get more than $5,000 if you market it properly. Alternately, you could keep it in the family collection (which is what I would do).

If you want to sell it, you might want to contact Richie Schemmer (dealer) or Heritage (auction house).

Please do not touch the surfaces of the coin. If you absolutely must handle it, then only touch the edges. Put it in a coin holder to store it safely.

If you have any questions, please feel free to send me a PM.

 

Here are a couple examples of 6-cent pieces. They are not as desireable as your example. Your coin is the transition year from wheat stocks on the cent to the memorial design. Your coin has some nice date & details showing. Stay thirsty my friend.

 

Any new updates on plans or have you got it graded yet?

 

Exactly

 

WOW, ive read this thread from start to finish. How awesome to read about this fellas fortune. Where is he now etc. it cant end here ha ha. I justs became a member tonight. This was the best thread ive read

 

omg ive read this entire thread. WHAT HAPPEN HOW DID THIS WORK OUT FOR YOU. were on pins and needles lol

 

That $45 maximum indemnity is ONLY for Registered mail that leaves the US. (This is because once it leaves the US Post Offices hands they have no control over how it is handled.) As long as it stays domestic it is insured for the declared value up to $25K. And for the regular insured mail the maximum amount of insurance is $5K. As for collecting on a claim you are right it is very important to have some way to prove the value of the insured property. However if it is sent domestically and registered, the chances of it not arriving is so small that there is really nothing to worry about. It may take awhile but it WILL get there. The odds of you getting killed in an accident driving to the post office to mail it are probably a lot higher.