Error coins between 1950-1990
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With a population of 10 or less.
Please give me an example of the error coin value as opposed to the common coin value in same grade.
Thank you
0
With a population of 10 or less.
Please give me an example of the error coin value as opposed to the common coin value in same grade.
Thank you
Comments
If by "error coin" you really mean "die variety",
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the best known in that date range are probably:
1. 1c 1955 DDO MS-63 BN value $3200 ; non-DDO MS-63 RD value $9
2. 1c 1972 DDO FS-101 MS-63 BN value $350 ; non-DDO MS-63 RD value $6
See these pages of the PCGS Price Guide:
https://www.pcgs.com/prices/detail/lincoln-cent-wheat-reverse/46/most-active
https://www.pcgs.com/prices/detail/lincoln-cent-modern/47/most-active
The above do not have a population of 10 or less.
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For that, maybe the best known is the 1c 1958 DDO - value $336k .
I think only 3 are known.
Why the big difference in price between the two you posted ?
In my opinion, it's because the 1955 is more dramatically doubled (digits more separated) in the date area.
And it is better known - the Red Book has included big photos of it for years. But the two things are very much related!
Populations in MS-63-BN:
1955 DDO: 566 (293 higher in BN)
1972 DDO FS-101: 78 (116 higher in BN)
https://www.pcgs.com/pop/detail/category/46?l=lincoln-cent-wheat-reverse-1909-1958&ccid=0&t=3&p=MS&pn=5
https://www.pcgs.com/pop/detail/category/47?l=lincoln-cent-modern-1959-date&ccid=0&t=3&p=MS&pn=2
Supply, demand. More people want the 1955.
@yosclimber's opinion might be accurate. The reason is unimportant. The 1955 is worth more because people are willing to pay more, period.
(These would normally be considered varieties, not errors)
Most errors have a population of one. Errors represent mistakes that happen during the striking of a coin.
Please don't confuse errors with varieties, they are very different things. Varieties represent specific dies used to strike a whole run of coins. Other than shenanigans like the 1958 DDO and a few where die issues that may have been caught at the Mint before release, varieties have populations of far more than 10.