Die Break?
Coinscratch
Posts: 8,983 ✭✭✭✭✭
I'm assuming this is a die break?
Will PCGS recognize as such?
And is there any value/premium outside 1c ?
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Best Answers
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ctf_error_coins
Posts: 15,433 ✭✭✭✭✭
It is a Die Crack, A very nice one and yes it would grade as such.
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ifthevamzarockin
Posts: 8,902 ✭✭✭✭✭
Nice die crack.
Not sure I would spend the money to grade it.
Value.... I would guess somewhere between $15 to $75 depending on the day and if graded.
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Answers
Value?
Worth grading?
Do you want it?
Die crack is the proper term eh.
I will have it graded for good measure and call it "Jail Break" cause it payed for the first roll of ten and its my first.
If you insist on having it graded you may want to think about grading only. The crack is easy enough to see and get a good photo....no need to have it on the label. If you pay our host for a mint error label you may be forever buried in the coin and have $65 in a coin that will only bring $25 or $30.
$16 plus postage vs $65 plus postage
I'm partial to AC/DC's Jailbreak.
https://www.youtube.com/watch?v=g8xScxmekQk
Besides, the crack looks like Lincoln getting struck by lightning.
Collector, occasional seller
@ChrisH821 That version is more my speed too.
Good plan. But I don’t mind being upside down a little aren’t we all already. I was thinking 40 with the true view and w/o attribution.
The fact that there was only one in that roll tells me there could also be varying grades within any one roll.
Before, I thought what you see on the ender is indicative of the whole roll.
I should read more...Not
A nice die crack on a modern cent.... I would keep it in my box of 'example' coins... makes for a good teaching tool or reference piece. Cheers, RickO
If it is your first die crack and you don't mind being "upside down" in it, then by all means have it graded. Then you will have a first in plastic and perhaps the downside will help you to stay out of the "upside down" coins in the future, making for quite a savings instructor.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Nice die crack.
What makes the 05 speared Buff so expensive? Rarity right.
The Speared Bison is a die gouge with perfect placement.
Plus a great promotion at the time.
what is collected vs. what is not
What I like about the spear is that it is visible from near the upper rim through the Buffalo and out the bottom. Moreorless, a complete spear. Very cool error.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Very well - On with the hunt folks.
That’s only part of the equation. The other part is demand. Many “rare” coins enjoy very little, if any demand.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
How about this concept. Have it graded and pay a little extra for the attribution. If it were my coin, I wouldn't mind paying a little extra and owning THE FIRST and possibly THE ONLY one in existence. May never get my money back as I probably would NOT sell it. There is something ego building in having an only of anything. That's why Van Gogh's go for millions. Heck, I might even go so far as to ask PCGS if they could label it Jailbreak.
Bob Sr Ceo Fieldtechs Retired
Worth grading?
https://www.ebay.com/itm/2009-Mint-Error-Lincoln-Cent-NGC-MS-65-RD-Formative-Years-Die-Crack-RARE-/254715465999?hash=item3b4e39910f:g:Ti8AAOSwjJpfPbyS&nma=true&si=FKN6ChIVCdPWpHTz1uhzPKXoFIg%3D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557
@bobsr "THE FIRST and possibly THE ONLY one in existence."
That would not be the case with this type of die crack. Good chance there are many of these examples and there would be earlier die stages and may even be a later die stage that goes half way across the coin. Many of these were hoarded in rolls and there is a good chance for many other die cracks to be discovered.
Die cracks are very common and this particular example is not particularly large, though it is well placed. As such, die cracks on this type, through or near Lincoln’s head and those through his boot, have achieved some fame and attention from collectors. They have been posted about in numismatic chat boards somewhat regularly and have made it into some of the “Found In Change” or similar segments of numismatic magazines/news. This is the marketing that has lofted the value over what it would normally be worth, below $3.
In my opinion, the example in the original post and the one linked above are interesting as examples of normal die use and stress, but are not atypical for the type. They occur regularly and hundreds or even thousands of examples can be struck from a single die, before it is noticed and retired from service.
Modern coins with fully split dies (“rim-to-rim die cracks”) are much rarer and can be had in the $80 to $120 range. One should not pay close to this value for a much smaller die crack, as in the original post (or in this case invest in grading/error attribution costs), unless it’s value is derived from sentimental attachment.
It was a nice surprise but the real reasons I purchased these was to find more of the varieties for my set along with anything 67 or higher. Currently have one of eight. MS67 = Cha Ching.
I agree Ifthevamzarockin there may be several out there but they aren't graded that I could find. Still could be the first. Dealers think in resale value and profit. Not saying anything negative about that, but collectors think about having a possession that belongs to us and nobody else. Profit to me anyway is second to having a first or rare coin not necessarily the most expensive. My first die crack was in a roll of 1957 lincolns. I have 6 coins from the roll that showed progressive die crack in the skull front of ear where Lincoln got shot from a barely discernable crack to a full missing part of the punch. I own them, not very valueable but to me PRICELESS.
Bob Sr Ceo Fieldtechs Retired
The OP’s should be the John Wilkes Booth variety, lol.