1963 "RED" penny rolls with unknown errors?
Bernie3T
Posts: 2 ✭
Hi I have several rolls of 1963 Lincoln pennies that were rolled back in 1963 and they're all 1963 nice shiny "RED" pennies . I've only open one roll. I see how much the MS "67 RED" and "68 RED" go for and I'm pretty sure I probably have several candidates at that grade. But I've also found several that have a crack on the right hand column of the Lincoln memorial. But I fail to find any listings of such. I have included pictures.
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The odds of any of them being MS67 or 68 are almost zero. That is a die crack though and kind of cool, but it won't add any value.
Welcome to the forum
A die crack is not an error so you won’t find any listing on them.
Also to find a MS67 or MS68 would be very rare, that is why they have high value.
Not to discount your enthusiasm... But please look at population reports for 67/68's and look at how many were minted and now start calculated rarity...
I hope you find the unicorn... A MS68RED or a MS67RB with rainbow toning would be amazing.
Good luck
There is a common misconception that "new" or "fresh" rolls must be high grade. The reality is that (depending on the year) most coins are not super high-grade when they leave the mint.
I do agree that the odds of having a 67/68 quality specimen are somewhat remote but not impossible. I personally don't get hung up on pop reports, especially on high mintage fairly recent issues like this where there are a lot of rolls/bags still laying around. There may be a significant number of high end coins languishing in rolls that simply haven't been submitted yet.
RIP Mom- 1932-2012
There were 754 million cents minted at Philadelphia in 1963. Here's the population in MS67, there are none in MS68.
So, you have about a 1 in 40 million chance of making an MS67.
Here's the price guide, which is full retail, so I doubt you'd even break even if they graded MS66.
Extremely common rolls. Put them up for sale unopened and see if someone else pays stupid money while trying to find high grade/variety/error coins in them. Don't waste any of your own money on them.
All the rolls are probably from the same bag or at least the same pallet. If there are any very well struck coin in the roll you opened there are likely to be many more. If they are fairly clean then all the coins will be fairly clean.
The problem is these date often come pretty nice so you'll need to be able to know what's a good strike and what's clean for the date.
Unless the opened roll is very special the odds are poor. If there are some real candidates then the odds of having high grade coins are pretty good.
Personally I would be inclined to just search varieties and Gems and spend the rest.
Good luck.
I believe there is a ddo for 1963. I have yet to find any good rolls for this year typically the obverse will look amazing yet the reverse will look flat and scratched up.
I suggest looking at a few MS67 and MS68 -PCGS graded coins to see if your coins can match them.
The Philly isn't nearly as nice as the Denver and even the Denvers are often rough or tarnished.
Hey, why not post pics of the few you think might have a shot.... Love to see them and I'm sure you'd get excellent feedback (although not what you want maybe).
bob
vegas baby!
Photo's need some work.
Although you did capture the error's image, well, 75 % of it.
Now focus on the image or lower the photo's pixel,s a bit, for better results.
Always do a preview before posting, this will show what we (and you) have to go with for a correct answer.
Nice catch !
Cool.
A die crack is not an error
Isn't a die crack a type of progressive die error? If Cuds are errors and Interior die breaks are errors then shouldn't a die crack be an error as that's how the breaks and cuds start? Or are these more considered a type of Variety?
"When they can't find anything wrong with you, they create it!"
I die crack is one of many states of a die in the normal use of the die. An error is when something goes wrong in the process.
@ManifestDestiny
I die crack is one of many states of a die in the normal use of the die. An error is when something goes wrong in the process.
If it is considered normal use then why are dies changed when cracks are found?
"When they can't find anything wrong with you, they create it!"
The die wears out during normal use, so they change it out with a new one. The 1922 (no D) cent reverse die is a good example.
I know worn dies are part of the minting process. Cracked dies shouldn't be a part or else every other coin you look at would have die cracks on them and thus wouldn't be collected.
"When they can't find anything wrong with you, they create it!"
Cracked dies are a die state not error. Maybe someone else can explain it better.
Die states on coins........?
https://cuds-on-coins.com/
"When they can't find anything wrong with you, they create it!"
While I don’t disagree that the odds of having a 67 are fairly low, this is pretty obviously not the correct formulation to arrive at those odds. Nor would it be accurate to take the population in 67 and divide it by the total graded since the sample submitted is most assuredly biased towards nicer coins.
Oh _I forgot to say 1963 "D" I left out the mint mark. Not that it will make any difference._Also hare is quick example of what I have. Will post more later. TY for all your inputs!
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MS64/65
Much like my very first order (tuition payment) for whatever reason this cannot be taught only learned. I too thought I had 67s and 68s when I sent this one in. Take a closer look then go back to the drawing board because what you have isn't even close.
edit: coins from two separate TPs.
@Coinscratch Your 60-D looks to have an RPM variety.
RIP Mom- 1932-2012
None of those things are errors.
Gobrecht's Engraved Mature Head Large Cent Model
https://www.instagram.com/rexrarities/?hl=en
If you find any like this, let me know.
Since you actually have 1963-D rolls instead of 1963.... be sure to check for the nice doubled die. There is one where the '3' in the date was repunched.... remnants of the first punch shows up in the lower curve of the '3'. A neat variety to watch for!
Your pic indicates a typical roll cent. Nothing special enough to spend $30 on grading. It will never be worth that, ever (at least not in my lifetime).
bob
vegas, baby!
Good eye, It sure does look like one.