Die variety cherries still out there for the picking...

coppercoins

Three shows in two weeks, and this is what I have to show for them:

1909P-1DO-001 (DDO) - MS64BN: This is the BIG DDO for the year, came out of a dealer's row box for $10. Value around $600.
1909P-1DR-001 (DDR) - MS64RD: A very nice doubled die, picked it for $20, worth around $150.
1909P-1DR-001 (DDR) - cleaned AU: The sharpest example I've ever seen of a DDR on a 1909 cent. The cleaning came out rather nice, the coin is still nice and red and has luster. Barely affected by the cleaning. Picked this one as Unc for $25, value around $75.
1909P-1DR-002 (DDR) - MS63BN: Really nice DDR, class 6, has nice extra thickness on the motto and wheats. Picked this one for $10, value around $50.
1909P-1DR-002 (DDR) - AU50: Same as above, a nice coin for $7, worth around $25.
1909P-1DR-003 (DDR) - EF45: A more minor DDR, but still noticeable. Picked it for $4, worth around $15
1917P-1DO-001 (DDO) - VG10: Cherrypickers and Red Book listed coin in a dealer's row box. Paid 40 cents for it, sold it for $75.
1925S-1MM-002 (RPM) - F12: Nothing to write home about, but it is a scarce RPM. Bought it for $1, value around $10.
1934D-1DO-001 (DDO) - MS63RB: Beautiful example of a major DDO. Picked it for $8, worth around $50.
1934D-1DO-001 (DDO) - AU50: Another eye popping class 6 DDO, bought this one for $7, worth around $25.
1934D-1MM-001 (RPM) - AU55: Very nice West RPM, paid $4 for it, worth around $15.
1934D-1MM-002 (RPM) - MS65BN: Early die state, exquisite example of the die. Paid $7 for it as an AU, worth around $150.
1937P-1DO-001 (DDO) - MS65RD: Really nice coin, and a rare DDO. Picked it for $2.50, value around $40.
1937P-1DO-001 (DDO) - MS64RD: Same box, same die. Picked it for $1.50, value around $30.
1937P-1DO-001 (DDO) - MS64RD: Ditto above.
1939S-1MM-002 (RPM) - MS65RD: Stunning coin, bright luster. Picked it for 50 cents, worth around $30.
1939S-1MM-002 (RPM) - MS63RB: Picked in a different week, different place. Picked for 75 cents, worth around $18.
1940S-1DR-003 (DDR) - AU55: New die, not yet listed on the site. Picked for $1.75, value around $6.
1943D-1MM-015 (RPM) - MS63: Surprised to see one of these afloat. Picked it for $2, worth around $12.
1943D-1MM-017 (RPM) - MS64: Another surprise. This one is a nice RPM! Picked for $3, worth $20.
1943S-1DR-001 (DDR) - MS65: Really nice coin and a nice DDR to boot! Picked for $7, worth around $20.
1943S-1DR-001 (DDR) - MS65: Would you believe three of them?
1943S-1DR-001 (DDR) - MS65: See above.
1944D-1OM-002 (OMM) - AU50: This is the "type 2" D/S coin. Picked for a nickel, worth around $75.
1944S-1DO-003 (DDO) - MS64RD: Nice coin, nice DDO. Class 6 spread, strong in date. Picked for $1.75, worth around $20.
1949S-1MM-005 (RPM) - MS65RB: Nice decent RPM. Picked for 50 cents, value around $6.
1950D-1MM-001 (RPM) - MS64RB: Nice toning on this one, really super looking RPM. Picked for 50 cents, worth $15.
1951D-1OM-001 (OMM) - MS65RD: NICE D/S over mintmark. Picked for $2, value around $75.
1953P-1DO-001P (DDO) - PR65RD: Very nice example of this Cherrypicker's listed die. Bought for $75, worth over $150.
1959D-1MM-021 (RPM) - MS65RD: This is the one with the D punch in the tail of the 9 of the date. Nice! Picked for 25 cents, worth $20.
1959D-1MM-021 (RPM) - MS65RD: Would you believe 5 of these?
1959D-1MM-021 (RPM) - MS65RD: Would you believe 5 of these?
1959D-1MM-021 (RPM) - MS65RD: Would you believe 5 of these?
1959D-1MM-021 (RPM) - MS65RD: Would you believe 5 of these?
1963P-1DR-006P (DDR) - PR66RD: not yet listed in the system, REALLY nice spread. bought for $1, value around $60.
1971P-1DO-002 (DDO) - MS65RD: Picked from a BU roll purchased for $3. Value around $40.
1971P-1DO-003 (DDO) - MS65RD: Picked from a BU roll purchased for $3. Value around $80.
1971P-1DO-003 (DDO) - MS65RD: Picked from a BU roll purchased for $3. Value around $80.

Also picked up around a dozen other assorted minor doubled dies and RPMs, a clipped 1979 cent for a dime, and a 1934 quarter (heavy motto - type 3) in AU for $8. I started dabbling in doubled die reverse proof nickels as well, and picked up around three dozen different ones to get me started.

Not a bad take, eh?

Edited because I forgot a couple...

Gonfunko

Wow! Good job!

joeyuk

That's great Chuck.

Sphinx357

kranky

That's unbelievable - I wish I had your eye! Congrats, Chuck.

darktone

good going CD! mike

seanq

<< <i>
1917P-1DO-001 (DDO) - VG10: Cherrypickers and Red Book listed coin in a dealer's row box. Paid 40 cents for it, sold it for $75.
>>



I swear I've looked at every 1917 cent at every show I've ever attended for the last five years, and never found one of those.



<< <i>1944D-1OM-002 (OMM) - AU50: This is the "type 2" D/S coin. Picked for a nickel, worth around $75. >>



I'm equally amazed that after so many years in the Red Book, any dealer could overlook one of these.



<< <i>
Also picked up around a dozen other assorted minor doubled dies and RPMs, a clipped 1979 cent for a dime, and a 1934 quarter (heavy motto - type 3) in AU for $8. I started dabbling in doubled die reverse proof nickels as well, and picked up around three dozen different ones to get me started.
>>



Proof Jefferson doubled dies? Beware, son, that way lies madness....


Sean Reynolds

P.S.: I guess I should add - you suck! In that good, complimentary CU Forum way, or course.

Peaceman

Nice pickings..... Now you just have to SELL them at those prices..... I cherrypick Peace $ and sometimes, if it's not rare enough, I sit on them for some time until you get the prices you want... good luck.

cladking

Wow! That is remarkable for so short a time.

Coulport

Fun to find but a tough sell as far as I can determine.

I see by your list a lot of "Value around" & "Worth around" but only one SOLD.

JRocco

I guess I better stop sitting on my duff and watching games and races and start attending shows !!! Great scores Chuck.

eyoung429

One of these days, I am going to have to get you out to spend about 3 days going over wheats that I have. I have found a bunch of oddball ones but nothing like you found......you think that someone had brought them in and didn't know what they were and the dealer just dumped them in with others for a "filler box"?

Also, would you please post pics of the 1909P's and the 1917? Thanks!!!!

coppercoins

<< <i>Fun to find but a tough sell as far as I can determine.

I see by your list a lot of "Value around" & "Worth around" but only one SOLD. >>



A lot of that has to do with the fact that I've only offered the one coin for sale. Most of the rest of them will go in the inventory on lincolncent.com within a few weeks and will sell from there. Some of them will be certified before sale, and yet others will remain in my collection.

I guess I better stop sitting on my duff and watching games and races and start attending shows !!! Great scores Chuck.

Yup...the TV isn't gonna find them for you!

KollectorKing

X'cellent job. How about posting some pics?

mgoodm3

Wow. Good job. that's quite a haul.

coppercoins

Pics requested, pics taken...no time to do more of them, I have a website to finish...

The attributes of the 1909P-1DO-001 coin - this is a typical brown coin with the wood-grain effect in full swing...



The 1917P-1DO-001 - a really nice example for a lower grade coin...



The 1944D-1OM-002 - has a spot next to the mintmark and a few scratches here and there, but what can you expect for a nickel??



TRUST from the stronger die of the two different 1971 DDOs I found. This is a solid GEM MS65RD coin..

clackamas

Got any pics of the 1909 DDR's?

KollectorKing

Thanks for the great pics

To quote another board member: "this is an X'cellent thread.

GoYankees

What's the variety for diebreaks called? Do they get attributed?

coppercoins

<< <i>What's the variety for diebreaks called? Do they get attributed? >>



Die breaks are errors, not die varieties. They are a flaw that occurs while the die is in the press - before the break occurs, the die could have been a completely normal die striking completely normal coins. Die varieties occur from the first coin struck by the die all the way through the last coin struck by the die because the attribute that makes them valuable is on the die before it is placed into use.

Die breaks near the rim of the coin where a piece of the die is missing altogether are called CUDs. They are collected by some specialists and are cataloged by die. "BIE" errors, die chips between the letters of LIBERTY on Lincoln cents, are also collected and have been listed by die as well, although most people only collect them by date.

mgoodm3

Nice pics.

golddustin

Chuck - Now that many of us have your book and can start pulling out those old rolls of wheaties and even post '59 cents, do you think that the boldness ( or clarity) of the die error will be more of a factor in determining value, or the relative rarity of the error itself? Other than the major, well known errors, I think it's tough to price any particular error coin. Also, it appears that some of the errors are gonna require some magnification to pick up - so many may be overlooked (as you have found in a few short hours at shows!). I just wonder how you arrive at the estimated prices for the various errors. With winter coming quickly, I'll have time to search those old rolls - but should I get out my loupe and REALLY LOOK CLOSE, or just search for those that are evident to the naked eye? I certainly can appreciate the time you must have spent searching thru cents - I just used up an entire day going thru an IHC "collection" of a co-worker - and that was only about 150 coins! Thanks for the book, the wealth of info you share, and the great pics! Chuck

coppercoins

golddustin -

There are two directions to go with an answer to your question. They relate to the disposition of said coins should you find them - whether you intend on collecting them, or whether you intend on turning them at a profit. Either way, sorting a large lot of coins by date and mint is the first step.

1. For collectors: Examine the coins closely for anomalies such as those illustrated in the 0book, with special attention to all the minor die varieties (not errors) that are commonly exhibited for those year groups...such as, class 6 distended doubled die reverses being more common from 1934 through 1941 than in any other period. Pull anything that looks out of place and tube them for later research. Once you're finished, go back through the tubes and work on identifying them using the website or the upcoming complete attribution guide. Using this (or a similar) method will likely bring you at least a couple of new discoveries for which you will get credit if you send them in for attribution.

2. For profit: Study the Cherrypicker's guide, memorize the dates and mints you need to save out for the valuable coins, sort the coins, then search through only those dates and mints with a 7X-16X loupe, only looking for the attributes of the major die varieties that are in the CPG...for helpers, most of those are also illustrated in my book, but not all of them. Another thing you can do to get many of the better ones is do a die variety search on coppercoins and constrain the search to three star or better die varieties and use that as your guide.

As for value...

The values of die varieties have to do with three aspects: rarity, visibility, and market demand.

Some die varieties are quite scarce but don't show up all that well. Their rarity has been recognized by the specialists, and reaping good profits on them isn't difficult on eBay or some other high volume market where a lot of specialists shop. Others are rare and obvious, which makes them killer coins for value. The big 1969S doubled die comes to mind. Rare and obvious, and worth a pile of money.

Other die varieties are really nice but are common. The 1909S over horizontal S is an example. I found six of those over the past two weeks and passed on all of them because they aren't difficult to find. Because of this, they bring little premium over the value of a normal 1909S cent. For instance, a F12 1909S cent will run you from $90-$100. The mentioned RPM will sell at a maximum of $125 or so in the same grade. Not much return on the investment.

Because PCGS pnly recognizes a couple dozen different die varieties in their registry set, those die varieties in higher grade are going for stupid money these days. All of them are obvious 7X monsters and require very little knowledge to find them. Most of them in close to mint state grades will bring thousands of percent profit on your investment easily. Because of all of this, they are VERY tough to cherrypick, although I did find two of them in one day. This is rather unusual, though.

PCGS will also put any die variety listed in the CPG in an "error" holder (misnomer, but that's what they call it). Any "error" holder Lincoln cent will sell for better money than those that will not make it into an "error" holder, but not nearly what the registry set coins will sell for. So, for profit alone, anything listed in the CPG is a good haul.

Lesser known, lesser visible die varieties will typically sell to specialists if they happen to need them and see them for sale, but sales of these are quite a bit slower than the aforementioned die varieties. They also usually command a far lower price. People who are after bang for their buck need not bother with these...but collectors will enjoy finding them.

Hope this helps.