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Can this possibly Be Real? 1955 ERROR CENT/ REST OF STORY EDIT AND MY FAVORITE ERROR COIN!

VernoVerno Posts: 327 ✭✭✭
edited September 12, 2018 5:03PM in U.S. Coin Forum

Hi All,
Any chance that this can be legit? Have you seen before? Working on better obverse picture....

Thanks, RJ

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Comments

  • Mdcoincollector2003Mdcoincollector2003 Posts: 665 ✭✭✭✭✭

    Where did you find it?

  • fiftysevenerfiftysevener Posts: 907 ✭✭✭✭

    Looks real ...... is it ?

  • TennesseeDaveTennesseeDave Posts: 4,780 ✭✭✭✭✭

    1955 DDO struck off center would be a very nice and scarce error coin to have.

    Trade $'s
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  • 1Mike11Mike1 Posts: 4,416 ✭✭✭✭✭

    It would be a very cool error/error if it is real. @ErrorsOnCoins @FredWeinberg

    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Wow... a double error - if real - that would be unique. Will watch for the experts on this one... Cheers, RickO

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited September 9, 2018 8:45AM

    We need a better photo of the obverse.

    Fred or Tom would be better on a coin like this as the only way to fake it (not that this is a fake) is with counterfeit dies.

  • coin4salecoin4sale Posts: 375 ✭✭✭

    Sorry Verno, i'm in the NOT GENUINE camp. However if you have better photos that can show the area around and under the cross bar of the T in cent, we can look for the diagnostic crossed die scratches ( lines) under the T in cent found on genuine 55 DD.

    BT&C
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    @coin4sale said:
    Sorry Verno, i'm in the NOT GENUINE camp. However if you have better photos that can show the area around and under the cross bar of the T in cent, we can look for the diagnostic crossed die scratches ( lines) under the T in cent found on genuine 55 DD.

    I do not collect the 55 dd as it is too common for me. I do not know the die markers for 55 as I do not collect it. As stated above, I am suspect of this one as well.

  • BuffaloIronTailBuffaloIronTail Posts: 7,479 ✭✭✭✭✭

    Where did you get it, Verno? My gut feeling says it's real. Agreed that better pics are needed.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
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  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited September 9, 2018 7:01AM

    The coin is a counterfeit. Additionally, when a "key" or rare coin is an error, it is called a "White Elephant" as a normal coin would be worth more money to most collectors.

    PS I'll give others a chance to say why before I respond.

  • CuKevinCuKevin Posts: 1,722 ✭✭✭✭

    @Insider2 said:
    The coin is a counterfeit. Additionally, when a "key" or rare coin is an error, it is called a "White Elephant" as a normal coin would be worth more money to most collectors.

    PS I'll give others a chance to say why before I respond.

    +1. If it had been real, it would trade for significantly less. Not a premium.

    Zircon Cases - Protect Your Vintage Slabs www.ZirconCases.com
    Choice Numismatics www.ChoiceCoin.com

    CN eBay

    All of my collection is in a safe deposit box!
  • BuffaloIronTailBuffaloIronTail Posts: 7,479 ✭✭✭✭✭

    I'm not good on this type of error (or counterfeit). Educate me.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • PhilLynottPhilLynott Posts: 890 ✭✭✭✭✭

    The fact that the reverse picture is in focus but not the obverse and the obverse has a different background is a little concerning. If those are sellers pics he was clearly trying to hide stuff with a blurry obverse image seeing as he showed he was capable with the reverse image.

  • BillJonesBillJones Posts: 33,964 ✭✭✭✭✭
    edited September 9, 2018 7:30AM

    @Insider2 said:
    The coin is a counterfeit. Additionally, when a "key" or rare coin is an error, it is called a "White Elephant" as a normal coin would be worth more money to most collectors.

    PS I'll give others a chance to say why before I respond.

    It were real, I'd be willing to bet that this could be a hell of a lot money. Certification would be manatory, of course.

    One of the problems is that the die scratch diagnostic on the reverse will not show on this piece. It is too slender and microscopic to have come though because of the off center strike.

    The obverse photo is too out of focus to tell much of anything, but I tend think that this one is from China.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    @CuKevin said:

    @Insider2 said:
    The coin is a counterfeit. Additionally, when a "key" or rare coin is an error, it is called a "White Elephant" as a normal coin would be worth more money to most collectors.

    PS I'll give others a chance to say why before I respond.

    +1. If it had been real, it would trade for significantly less. Not a premium.

    Disagree without hitting the button.

    The coin is fake, but if real it would be worth quite a bit more than a regular 55 dd of the same grade.

  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭

    I agree it would be worth more than a regular 55 DDO if real.

    The regular one is just too common, so this coin would be perfect for someone who wants a 55 DDO but also wants something unique.

  • AngryTurtleAngryTurtle Posts: 1,565 ✭✭✭

    I am interested to hear the "rest of the story" from @insider2, as to why he thinks its counterfeit. Correct me if I am wrong, but I think there are several counterfeit dies known, dating from the 60's to now, probably both domestic and Chinese. To me, this makes this coin immediately suspect, but I dont know the die characteristics to call it a fake.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @ErrorsOnCoins said:

    @CuKevin said:

    @Insider2 said:
    The coin is a counterfeit. Additionally, when a "key" or rare coin is an error, it is called a "White Elephant" as a normal coin would be worth more money to most collectors.

    PS I'll give others a chance to say why before I respond.

    +1. If it had been real, it would trade for significantly less. Not a premium.

    Disagree without hitting the button.

    The coin is fake, but if real it would be worth quite a bit more than a regular 55 dd of the same grade.

    Disagree w/o hitting the button. These coins don't sell to the majority of collectors who VASTLY outnumber those interested in errors. As an error collector, I'm not surprised by your opinion. Folks vote with their wallets.

  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭

    I vote would be worth more.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited September 9, 2018 7:48AM

    @Zoins said:
    I agree it would be worth more than a regular 55 DDO if real.

    The regular one is just too common, so this coin would be perfect for someone who wants a 55 DDO but also wants something unique.

    While not errors, the "unique" key dates I've had to purchase for my teaching sets. A unique 1916-D dime with a damaged obverse is perfect for teaching. I still am looking for a uniquely damaged 55/55 cent to go with the counterfeits I use in class as a genuine AU+ is too expensive. :wink:

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  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited September 9, 2018 7:50AM

    @Insider2 said:

    @ErrorsOnCoins said:

    @CuKevin said:

    @Insider2 said:
    The coin is a counterfeit. Additionally, when a "key" or rare coin is an error, it is called a "White Elephant" as a normal coin would be worth more money to most collectors.

    PS I'll give others a chance to say why before I respond.

    +1. If it had been real, it would trade for significantly less. Not a premium.

    Disagree without hitting the button.

    The coin is fake, but if real it would be worth quite a bit more than a regular 55 dd of the same grade.

    Disagree w/o hitting the button. These coins don't sell to the majority of collectors who VASTLY outnumber those interested in errors. As an error collector, I'm not surprised by your opinion. Folks vote with their wallets.

    Disagree on the disagree.

    Worth WAY more.

    Popular common error, but an off-center on a popular common error equals $$$$$$$

    I do not understand how YOU could disagree on this one. Not about the wallet at all, just common sense.

  • bigjpstbigjpst Posts: 3,098 ✭✭✭✭✭
    edited September 9, 2018 8:07AM

    I have to agree with EOC on this one. If it were just a better or key date coin like the 09VDB an error can limit the buyer pool. I think the fact that is a major error on a date that is very popular Variety it would increase the value. Some errors can be distracting to collectors, this one is pretty cool. If it is real.

  • davewesendavewesen Posts: 6,124 ✭✭✭✭✭

    @ErrorsOnCoins said:
    We need a better photo of the obverse.

    Fred or Tom would be better on a coin like this as the only way to fake it (not that this is a fake) is with counterfeit dies.

    If real, awesome find.

    you are the error expert - forget about the date and just look at the off-center portion of the coin
    I would not buy it and call it a fake, how about you?

  • JBKJBK Posts: 15,535 ✭✭✭✭✭

    Could be real but I am suspicious for reasons mentioned above.

    Plus, the 55 DD was a known quantity early on so the off enter would have caught someone's eye and the DD would then have been noticed. I would expect a coin like that to be celebrated immediately, i.e. - preserved in better shape and in a slab.

    JMHO.

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    I would never buy this coin and I agree it doesn't right.

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    As a novice I think the 2nd strike should've created goshting rim look but I'll wait for @Insider2 in depth evaluation :)

  • Coin FinderCoin Finder Posts: 7,162 ✭✭✭✭✭

    The lettering and the overall images look like bad copies to me. Looks like a fake that was mistruck off center. Not real

  • david3142david3142 Posts: 3,525 ✭✭✭✭✭

    I think it would definitely be worth more in lower grades. Probably not in 65RD or better though.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Chinese and some others have discovered that making counterfeit errors - often using real coins and false dies - is extremely profitable and much less susceptible to detection than simply counterfeiting the entire coin. This also allows them to use false dies in ways that help obscure points of identification in non-error versions.

    Be very wary of any error coin that lacks a clear provenance or is outside of the usual range.

  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭

    Interesting, but now if it was a strike through and clashed & clipped on a dime planchet and real you'd need a bigger insert :wink:

    Steve

    Promote the Hobby
  • If it was real I'm in the it's worth extra camp.
    Was at a coin show once and a guy had a 1909-S VDB Lincoln that was elongated for $250. You could clearly see the VDB on the reverse. Wish I bought it.

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭
    edited September 9, 2018 9:55AM

    Is this the same one that's on eBay??

  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭

    Subject to the qualification that this opinion is based on (probably) deliberately crappy photographs, I will say that it is no good. I don't like the quality of the lettering in UNITED STATES OF AMERICA (one of the few areas you can actually see) and I don't like the upset rim on the planchet. Does not look like a Mint-made planchet to me.

    Many, many years ago I saw a genuine 1955 DDO with a major planchet problem. Memory says it was a ragged clip on the upper right obverse, but it might have been just a normal clip.

    At that time it was thought that the "white elephant" error decreased the value by about 20%, but I have no idea if the coin was ever sold to test that theory.

    Today, my gut feeling is that the OP coin, if it was genuine and certified by a major TPG, would be worth a 20-30% premium. However, I think that we will never know what an off-center 1955 DDO will bring.

    TD

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited September 9, 2018 9:48AM

    @ErrorsOnCoins said: "I do not understand how YOU could disagree on this one. Not about the wallet at all, just common sense."

    Exactly, common sense **to a collector of Mint Errors."

    Now it is very possible that things have changed over the years. Remember, at one time in the past, mint errors were frowned upon by almost everyone. We'll see. Be sure to take the poll I posted. :)

    PS Ebay price means nothing.

    @thebigeng is correct. Look at the crude shape of the wheat grans in the center of the stalk.

  • SmudgeSmudge Posts: 9,514 ✭✭✭✭✭

    Uh, if real it would be slabbed already?

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    Insider, listen to what everyone else is saying.

    Think of the crossover interest.

    Think of the rarity.

    If at auction, it would only take two bidders. I suspect a true large off center 55 dd would have many bidders with deep pockets, common sense :)

  • CascadeChrisCascadeChris Posts: 2,524 ✭✭✭✭✭
    edited September 9, 2018 9:53AM

    @Insider2 said:

    @ErrorsOnCoins said:

    @CuKevin said:

    @Insider2 said:
    The coin is a counterfeit. Additionally, when a "key" or rare coin is an error, it is called a "White Elephant" as a normal coin would be worth more money to most collectors.

    PS I'll give others a chance to say why before I respond.

    +1. If it had been real, it would trade for significantly less. Not a premium.

    Disagree without hitting the button.

    The coin is fake, but if real it would be worth quite a bit more than a regular 55 dd of the same grade.

    Disagree w/o hitting the button. These coins don't sell to the majority of collectors who VASTLY outnumber those interested in errors. As an error collector, I'm not surprised by your opinion. Folks vote with their wallets.

    Typically, I would agree Insider. But an authentic off-center 55ddo could be an exception imo. A Unicorn on the back of the White Elephant if you will. However, this is all academic unless and until an authentic one is slabbed, heavily marketed and sold at one of the big houses then compare the hammer+ to recent sales of "normal" ones in similar grade.

    The more you VAM..
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    I have an open mind. In all honesty, for my use, I should prefer the off-center genuine coin too because it demonstrates the diagnostics and also one common error.

    However, read what two old-timers have written. When we were around "White Elephants" went a begging.

    As I said, things may have changed. Nevertheless, IMO if Mr.Hansen wanted an example of this coin for his all-time set, it MAY not be the highest graded, CAC off-center! :)

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited September 9, 2018 9:59AM

    Insider, you need to learn the definition of "white elephant" as I stated above.

    Leaning is great, but fighting always, not so much.

    I only pick fights that I will win ;)

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited September 9, 2018 9:59AM

    @ErrorsOnCoins said: "Insider, listen to what everyone else is saying."

    :) marches to a different drummer playing a different tune.

  • RINATIONALSRINATIONALS Posts: 171 ✭✭✭

    Insider, a 55dd like Capt. Henway described with an ugly planchet problem I would agree would sell for less....however, I have little interest in errors but I'd be in on a 55 dd as far off as the coin in this thread at 4k, roughly triple the normal price, because I can easily think of 3 dealers I could sell it to instantly for a thousand dollar profit. Unfortunately the pictured coin isn't real, but if you ever run into a real one please call me first!!!

    buying Rhode Island Nationals please email, PM or call 401-295-3000
  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭
    edited September 19, 2018 5:15AM

    ..

  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭
    edited September 9, 2018 10:44AM

    If there was a unique, real coin, one reason the error will sell more for than non-errors is for the simple fact that an error would only require 1 or 2 (if auction) buyers interested in the coin. Because there are so many common DDOs and they are always available, there are too many coins relative to buyers to move the market price much.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @RINATIONALS said:
    Insider, a 55dd like Capt. Henway described with an ugly planchet problem I would agree would sell for less....however, I have little interest in errors but I'd be in on a 55 dd as far off as the coin in this thread at 4k, roughly triple the normal price, because I can easily think of 3 dealers I could sell it to instantly for a thousand dollar profit. Unfortunately the pictured coin isn't real, but if you ever run into a real one please call me first!!!

    Profit is the name of the game. I note how fast you would sell it so you are a "flipper." Obviously, a flipper or an error collector would love a "White Elephant." :)

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