Cent specialist - why such low value on 36 DDO #1

Windycity

Just looking at the pop reports and the 36 ddo #1 is very low and yet a when you compare it to the 69 s ddo or even the 72 ddo, the value is very low. The doubling is strong. I don't get it. I'm also a bit bummed that the one I found in what I thought was an original roll was a cleaned coin (apparently most of the coins in the roll were cleaned). It is now in a NCS holder say improperly cleaned and unc detail.

ajc

I would say that the others are known by many more people and thus there is a bigger demand. You also have to take into consideration how many coins were made that year some 309 million. The price is so low on both of them, I doubt hardly anybody even looks. If they were to look, there would probably be quite a few more found driving the population numbers up. But I am not a specialist

RBinTex

IMHO, the 36 DDO #1 has ALOT going for it:

It is a much needed coin in the PCGS Lincoln Cents with Varieties Circulation Strikes (1909-1958) REGISTRY SET.
There are just 33 certified in ALL grades by PCGS!

In fact, this has the ABSOLUTE LOWEST PCGS TOTAL POP of ANY coin required in this registry set - BAR NONE!

Just FYI: Other Doubled Die/Variety Total Pops Of Coins Required In This Registry Set Are:

1909-VDB (DDO) 41, 1917 (DDO) 42, 1922 No D Strong Reverse 1,960, 1941 (DDO) 59, 1943-D/D 100, 1944-D/S 135, 1955 (DDO) 2,104

I do think you might be surprised to know the values recently realized over the last year or two.

An MS64RB sold on Ebay by shortsleeved (Louis Mo) for around $3,550. He ripped it from DLRC for about $1,550 & got it to cross from an NGC holder at the same grade.

We made the following 4 coins as well as most of the VG-VF's in the pop report & about half the XF's:

The first AU coin, an AU55 sold on eBay in about 5 minutes for $1,250.
The second AU coin, an AU53 sold privately about a few weeks later for $1,250 also.
The XF45 sold for $499.99.
An XF40 sold a month or so later for $549 & a year or so earlier for $650 (same coin we repurchased from the same person we sold it to after providing them an upgrade to the AU53 for $1,250)

A VF35 sold for $299, a VF30 sold for $249, & a VF25 sold for $199, a some F12-15's sold for about $99-149 over the last year or so.

Granted it seems unappreciated in the lower grades but holds its' own as you approach the higher grades.

Just my 2 cents.

Edited to add: don't forget that the lone MS67RD went for OVER 30k last year at the St. Louis Silver Dollar Show and MS66RD's regularly go for over 10k.

Windycity

I appreciate the report. The coin I have, if not for a poor attempt at cleaning, is a 64. As is, cleaned with Unc detail. I guess I'll hold on until more people become interested in this variety.

Thanks!

clackamas

Also compare it to the 1917 DDO which has gone for equal moon money as the 69S DDO. Perception is reality I guess. I picked up a 36 DDO #1 a couple of years ago as a VF and paid $75. If they are going for $200 now then I think they have moved nicely.

STEWARTBLAYNUMIS

Windy City - A 1936 DDO Type 1 in ms 65 red will sell for $3,500.A 1972/72 DDO will sell for $600 in ms 65 red.A 1936 DDO Type 1 will sell for $10,000+ in 66 red.A 1972/72 DDO will sell for $1,000+ in ms 66 red

Clakamas -(Brian) A 1917/1917 DDO will sell for between $15,000 to $20,000 in ms 65 red.I've been offered $200,000 for a 1969 DDO in ms 65 red.Where is the comparison ?

In my opinion a 1917 DDO and a 1936 DDO Type 1 should have the same value.I also see better doubling on the 1936 DDO Type 1 as compared to the 1917 DDO.

Stewart

Windycity

Stewart,

How about in lower grades... XF, AU? Or in my case, Unc details, improperly cleaned?

Windycity

RBinTex

Stewart,

As usual I agree with EVERYTHING you say but this time, with the exception of

"A 1936 DDO Type 1 in ms 65 red will sell for $3,500"

I truly think the levels on these have snuck up significantly over the last year or so. As I mentioned, a 64RB sold on eBay for about that amount. I'd gladly pay $3,500 for as many 65RD's as I can get my hands on.

clackamas

<< <i>
Clakamas -(Brian) A 1917/1917 DDO will sell for between $15,000 to $20,000 in ms 65 red.I've been offered $200,000 for a 1969 DDO in ms 65 red.Where is the comparison ?
In my opinion a 1917 DDO and a 1936 DDO Type 1 should have the same value.I also see better doubling on the 1936 DDO Type 1 as compared to the 1917 DDO.
>>



I guess it was a bad example, you are right they don't go for the same money. I was thinking of the 09-VDB DDO (TDO) which has an MS pop of 23 ($2500 in 65RD) , the 17 DDO has an MS pop of 18 ($20K in 65RD), and the 36 DDO has an MS pop of 16 ($3500 in 65RD). These all sell in seeminlgy different worlds.

STEWARTBLAYNUMIS

ROGER

I agree with you.Perhaps the 1936 DDO type 1 will catch up to the value of a 1917 DDO.

Windy City- I would hold on to the coin for a few years

I also believe in the future the values of double dies will be based on the amount of doubling as well as collectability.
The pop reports will take a back door.

mozeppa

my type 1 is only a 64 red...whats it worth? (pcgs 64 red)

RBinTex

"my type 1 is only a 64 red...whats it worth? (pcgs 64 red)"

IMHO, conservatively $3-4k