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1914 d Lincoln cent

Matthew21Matthew21 Posts: 136 ✭✭✭
edited May 16, 2021 5:10AM in U.S. Coin Forum

This coin is pretty eaten up with corrosion but it was only 39.99 I bought a couple of years ago. Looks genuine to me, but I always like to get a second opinion. Thanks

Comments

  • PerryHallPerryHall Posts: 46,288 ✭✭✭✭✭

    It's a hole filler for a collector on a budget filling holes in a coin album and it does look authentic. Not sure that I'd pay that much for it though.

    Worry is the interest you pay on a debt you may not owe.
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  • Matthew21Matthew21 Posts: 136 ✭✭✭
    edited May 16, 2021 5:14AM

    This one sold for $92 and looks worse.

  • 291fifth291fifth Posts: 24,398 ✭✭✭✭✭

    These damaged "key" coins are where sellers can make big profits by buying cheap and then finding a budget collector who thinks he is getting a "good deal". Look at all the bids on the $91.35 coin. There is demand for this kind of coin.

    All glory is fleeting.
  • yspsalesyspsales Posts: 2,454 ✭✭✭✭✭
    edited May 16, 2021 6:12AM

    Win or lose, sell it...

    You will become better buyer and seller.

    Roll the money into something else.

    Rinse and repeat.

    Most I ever lost was about $100, but have made thousands to go with alot of small victories.

    If you don’t have a copy, get both Cherrypickers guides and expand your net.

    Alot of cool stuff to find and profit, though you know how I feel about problem coins... lol

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  • jclovescoinsjclovescoins Posts: 1,921 ✭✭✭✭✭

    I’m not sure most people would think the $90 coin is worse. Yours has verdigris and what looks like potholes on the obverse. I think it would sell for what you paid or more, but don’t think it is better than the $90 one.

  • Matthew21Matthew21 Posts: 136 ✭✭✭

    @jclovescoins said:
    I’m not sure most people would think the $90 coin is worse. Yours has verdigris and what looks like potholes on the obverse. I think it would sell for what you paid or more, but don’t think it is better than the $90 one.

    Lol that $90 one looks like absolute crap big rim ding and absolutely ate up. I rather have mine then that one. Mine is ate up but has more details on the reverse.

  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    @291fifth said:
    These damaged "key" coins are where sellers can make big profits by buying cheap and then finding a budget collector who thinks he is getting a "good deal". Look at all the bids on the $91.35 coin. There is demand for this kind of coin.

    I don't know about getting a "good deal", if there are lots of bids it probably sold for pretty close to what it's currently worth.

  • 291fifth291fifth Posts: 24,398 ✭✭✭✭✭

    @MasonG said:

    @291fifth said:
    These damaged "key" coins are where sellers can make big profits by buying cheap and then finding a budget collector who thinks he is getting a "good deal". Look at all the bids on the $91.35 coin. There is demand for this kind of coin.

    I don't know about getting a "good deal", if there are lots of bids it probably sold for pretty close to what it's currently worth.

    My point is that if you can buy cheap there is plenty of demand out there at much higher prices from collectors who think it is worth more. I wouldn't pay anything close to $91.35 for that coin.

    All glory is fleeting.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,396 ✭✭✭✭✭

    Gotta start somewhere. This is why I love the hobby. Always time to upgrade.

  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    @291fifth said:
    My point is that if you can buy cheap there is plenty of demand out there at much higher prices from collectors who think it is worth more.

    There is more upside to coins like that than a lot of people think. I bought two 09-S VDBs at a show about 10 years ago, one was an NGC VF, the other was this one:

    I made more money on the second coin.

    @291fifth said:
    I wouldn't pay anything close to $91.35 for that coin.

    To be honest, neither would I.

  • Matthew21Matthew21 Posts: 136 ✭✭✭

    I wouldn’t pay $91 either for that coin that’s a waste I think

  • coinbufcoinbuf Posts: 11,434 ✭✭✭✭✭
    edited May 16, 2021 9:33AM

    Honestly given the extreme corrosion and damage I cannot tell from your photos if your coin is genuine or not, perhaps in hand it would be easier to say for sure. It does however appear that there may be some initials on the shoulder which would not be there on a genuine coin, but again that may just be the corrosion.

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  • lkeneficlkenefic Posts: 8,160 ✭✭✭✭✭

    I'd be wary of a counterfeiter trying to hide his tracks. I'm pretty good with most diagnostics of key date Lincolns, but that's with the caveat that all of the "landmarks" are there and not obliterated by corrosion... intentional or otherwise. That's why I defer to buying straight-graded encapsulated versions of key dates. They're just too heavily counterfeited, and I don't do counterfeit-coin-detection for a living.

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

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  • Matthew21Matthew21 Posts: 136 ✭✭✭

    @coinbuf said:
    Honestly given the extreme corrosion and damage I cannot tell from your photos if your coin is genuine or not, perhaps in hand it would be easier to say for sure. It does however appear that there may be some initials on the shoulder which would not be there on a genuine coin, but again that may just be the corrosion.

    I pretty positive it’s just corrosion I’m thinking this coin was in the ground for years.

  • BuffaloIronTailBuffaloIronTail Posts: 7,482 ✭✭✭✭✭

    It's still a 1914-D no matter what it looks like.

    The coin has a definite collectors aura around it, and probably always will.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    edited May 16, 2021 10:55AM

    LOL! He just needs to clean the crap out of it like the $91 coin and then it would be better!

    PS that $91 is also bent fairly substantially!

    @jclovescoins said:
    I’m not sure most people would think the $90 coin is worse. Yours has verdigris and what looks like potholes on the obverse. I think it would sell for what you paid or more, but don’t think it is better than the $90 one.

  • Matthew21Matthew21 Posts: 136 ✭✭✭

    I still can’t believe somebody in their right mind would pay that much for that coin. :# They could pay a extra $50 and get one in half decent condition.

  • 291fifth291fifth Posts: 24,398 ✭✭✭✭✭

    @Matthew21 said:
    I still can’t believe somebody in their right mind would pay that much for that coin. :# They could pay a extra $50 and get one in half decent condition.

    This is the age of the internet collector. No coin shop visits, no coin club, just on-line hype. I'm not surprised at all that it would bring that much.

    All glory is fleeting.
  • Matthew21Matthew21 Posts: 136 ✭✭✭

    @291fifth said:

    @Matthew21 said:
    I still can’t believe somebody in their right mind would pay that much for that coin. :# They could pay a extra $50 and get one in half decent condition.

    This is the age of the internet collector. No coin shop visits, no coin club, just on-line hype. I'm not surprised at all that it would bring that much.

    I agree with you about that, but when you look on eBay there is more than 1 1914 d I guess they seen that one and said I have to have it no more looking and this sellers items everything is going for full retail I tried to buy a couple of things off this sellers eBay and everything is going through the roof price wise.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I would not buy it.... I have a 1914D cent around some place. Found it a few years ago... had been put on top of a car battery (people did that in the belief it prevented battery terminal corrosion), and looked the part. It was still discernible as a '14 D... but, I admit, it took just a tad of imagination to identify the D.... Still have it somewhere. Cheers, RickO

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