What would you pay more for: a normal 1955 Double Die cent or a 1955 DDO off center error.

Insider2

It is a fact that error collectors make up a small segment of our hobby. Because of this, I've been told that a mint error on a valuable "key date" coin makes it harder to sell (fewer potential buyers) and therefore such a coin must often be discounted. What is your opinion?

asheland

I guess it would depend on if I really liked the look of the coin. Normally I wouldn’t want it off center.

BillJones

I would not pay more because I have a 1955 DDO and don’t want another one, but I could see where more than a few collectors, even some who don’t collect errors or varieties, would want this because it might be unique.

ctf_error_coins

What you were told could be true about let's say an ugly struck thru which would lower the value.

A major error, not a minor error will almost always add value.

A white elephant is a major coin with a minor error.

Big difference.

bigjpst

I voted I would not be interested in a key coin that was off-center. Contrary to my point in the other thread. I still think that the 55 DDO would sell more as an off center. Mainly because the 55 DDO is a variety, not just a key date coin. The fact that it is a Variety with an error it can cross over traditional set lines. I agree with the premise of your statement about white whales in the other thread in most cases. Especially if the error is very minor or distracting.
More expensive varieties that aren't as popular may be worth less. Case in point there is a cool buffalo nickel variety on the BST (A variety that I would much rather own) with an error that is listed at a huge discount to non errors. But the coin is way more expensive(limiting the buyer pool) and the error isn't as cool IMO as the (if genuine) 55DDO off center.

ctf_error_coins

Your poll is flawed IMO.

It will not answer the question, Which is worth more?

Clearly, a major off center on a 1955 double die would be worth way more than a normal 55 dd of the same grade.

jmlanzaf

I don't collect error coins but I WOULD pay more for a 55DDO off-center because it would be unique.

Paradisefound

2 in 1 ... I will pay more for key coin ERROR including struck off center

divecchia

I answered other as I would not pay more for an error of this coin, but I feel strongly that it would be worth more as an error and if real would be much, much, much rarer than a regular 1955 DDO.

Edited for grammar.

Donato

uscoinguy

This coin is on my want list, but for me is already kind of pricey in a nice UNC grade. I would not want to raise that price by buying it with an error. I don't normally collect error coins, let the error collectors have it.

koincollect

@ErrorsOnCoins said:
What you were told could be true about let's say an ugly struck thru which would lower the value.

A major error, not a minor error will almost always add value.

A white elephant is a major coin with a minor error.

Big difference.

I agree with both the parts of your statement, but got an entirely different answer from other collectors on the second part. I managed to get a foreign coin which was struck through both obverse and reverse (PCGS graded AU). This particular date has about 5 known in all grades, but all collectors I showed it to said they value it less than the full struck examples. I asked a hypothetical question if the same date was MS and double struck-- same answer would pay less! I was surprised but maybe those answering the question were not error collectors and the error collectors don't want to spend too much on a rare date!

Zoins

This is a private poll: no-one will see what you voted for.

What is it with private polls? Please create a public ones in the future

Also, I think it would be better if "pay more for error" wasn't split into 2 choices. The way it is, it's harder to see which is ahead

Insider2

@Zoins asked: "What is it with private polls? Please create a public ones in the future. "

I will NOT thank you very much.

While I also prefer a public poll, IMHO, more folks will respond to a private poll. If someone wishes to post the reason for their opinion it "sweetens" the poll.

Insider2

@Zoins asked: "What is it with private polls? Please create a public ones in the future. "

I will NOT thank you very much.

While I also prefer a public poll, IMHO, more folks will respond to a private poll. If someone wishes to post the reason for their opinion it "sweetens" the poll.

Type2

I may or may not like it so it will depend on how the coin looks. I look at it this way it's like a bike with a bit extra like nice wheels and tires to some they look good and some will not like the wheels tires at all so I would need to see how the wheels and tires look 1st or the coin in this case. Let's see it.

1946Hamm

Kind of something like this ?

cmerlo1

A few years ago, a dealer friend of mine and I together purchased a 2-roll hoard of uncirculated 1971 DDO-001 (FS-101) Lincoln cents. The person who sold them to us also had one that was struck on a planchet with a decent-sized curved clip. I really wanted that for my own collection, but he wouldn't sell it, even for 3x what we paid per coin for the others. So yes, some of us will pay more for a key or variety coin that is also a major mint error.

Another example: I have been fortunate to cherrypick 3 2000 Wide AM Lincoln cents, all struck off-center. 2 of them made MS66 red if I remember correctly, and sold in excess of $300 each, around 10x the price of the non-error coins.

ctf_error_coins

koincollect, > @cmerlo1 said:

Another example: I have been fortunate to cherrypick 3 2000 Wide AM Lincoln cents, all struck off-center. 2 of them made MS66 red if I remember correctly, and sold in excess of $300 each, around 10x the price of the non-error coins.

Just yesterday at Long Beach I submitted Two way off cent 2000 Wide AM's, One way off center indent 2000 Wide AM, and one Double struck Broadstruck 2000 Wide AM.

I cherried about 20 off center wide AM's years ago.

jdimmick

I would myself prefer to have a 55 ddo in normal condition, but I am not an error collector, but IMO, that thing if legit(which it looks it, but probably isnt) would bring a strong crazy price. Ill bet there is somebody out there that would kill to own that!!!

cmerlo1

@ErrorsOnCoins said:
koincollect, > @cmerlo1 said:

Another example: I have been fortunate to cherrypick 3 2000 Wide AM Lincoln cents, all struck off-center. 2 of them made MS66 red if I remember correctly, and sold in excess of $300 each, around 10x the price of the non-error coins.

Just yesterday at Long Beach I submitted Two way off cent 2000 Wide AM's, One way off center indent 2000 Wide AM, and one Double struck Broadstruck 2000 Wide AM.

I cherried about 20 off center wide AM's years ago.

Nice! Must've been a problem with the machinery when the wide AM die or dies were in the press...

MrEureka

It can go either way. I'd pay less for an off center 1822 $5, especially if the date is almost completely off the planchet. I'd pay more for an 30% off center 1955 Double Die as long as the date is there.

Timbuk3

Definitely worth more, JMHO !!!

1Mike1

I would say an off center 55 dd would be rare (assuming authentic) and tough to come by, as I've never seen a real one. If a certified specimen came to market I think it would draw some attention from collectors who desire to own a one of a kind. If say 50 or so specimens showed up I think there would be much less desirability. Now, knowing a load of Chinese fakes are out there, imagine trying to get a real one authenticated?

fiftysevener

If we assume there is only one or two off center DDOs then it would be 40,000 to 20,000 times as rare right ?

johnny9434

either/or. im not going to go out and look for one but just the same

seanq

@ErrorsOnCoins said:
What you were told could be true about let's say an ugly struck thru which would lower the value.

A major error, not a minor error will almost always add value.

A white elephant is a major coin with a minor error.

Big difference.

This has been 100% true in my experience as an error coin collector. I have a small collection of CPG varieties with clips, as well as all of the Lincoln cent key dates, and I have almost always paid a discount to the "book value" for them. However, a more eye-catching error would absolutely be worth more.

Here is a real world example - about ten years ago Heritage sold a 1922 No D Strong Reverse in XF that was struck about 10% off center for about $4300 (here's a link). I have the same coin in VF but with a rim clip, purchased in the late 1990s, and I paid about 25% back of the retail price of a non-error example at the time.

Sean Reynolds

bigmountainlion

I don't think there is a genuine1955 DDO off center error. Lots of fakes out there.

jesbroken

I'm not interested at all in off center coins of any type, but a 1955 DDO would be a wonderful coin to own, just out of my league.
Jim

ricko

I do not collect error coins... and if I were looking for a '55DDO, I would not want it with another error. I understand such a coin would command more value with error collectors, just not my area of interest Cheers, RickO

FredWeinberg

I just sold yesterday, on Ebay, a 1909-S VDB Cent,
with a Rim Clip, ANACS AU-58 (nice coin) for $750.

A bit lower than I had expected, but it fits into this discussion.

I have never seen a genuine '55 Doubled Die that is off center,
although there are a few with small rim clips known (I have one).

seanq

@FredWeinberg said:
I just sold yesterday, on Ebay, a 1909-S VDB Cent,
with a Rim Clip, ANACS AU-58 (nice coin) for $750.

A bit lower than I had expected, but it fits into this discussion.

Fred, I was surprised by that auction as well, I had expected it to go over $1K. The last one in that grade that sold on eBay (in an NGC holder) went for almost $1400.

There is a lower grade example on eBay right now that has been sorely tempting me for a month, but based on your auction, I now think it is probably overpriced.

Sean Reynolds

sellitstore

If just two people are willing to pay more for an off center 1955/55 error, it will sell for a premium, at auction. With 40-50% valuing the off center coin higher than the normal one, it looks like it's worth more, despite the slanted poll. Poll should follow the title of the thread-would you or wouldn't you pay more for the off center coin?

Insider2 may not be willing to pay more but the market does not agree. The off center coin would be worth more.

messydesk

If I wanted a 55 DDO, it would not be off-center. If I wanted an off-center cent, it wouldn't be a 55 DDO.