The second, off-center strike is also a chain strike. It lay very close to another coin or planchet when it was struck, and the two edges collided with each other, forming a more-or-less straight edge.
Mike Diamond is an error coin writer and researcher. Views expressed here do not necessarily reflect those held by any organization I am a member of.
There was a 1898 (?) ms64BN IHC double struck with the second strike 50% O/C rotated just like this on Ebay a few weeks ago, and that was just under $3,500.00... a bit pricey but a major drool producer!
It's a neat coin... and well over $125.00, yet I'm sorry as if a lincoln error doesn't wheat ears on the reverse I just don't follow them. But even as high as $250+ wouldn't seem to off the wall for a coin like this.
To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
Errors are often priced according to availability and "drama." The more dramatic the error, the better the price. While this is a common date for Lincoln errors, this is also a very dramatic one. Double struck coins are more pricey than off-center strikes. The prices in the $100-$150 range are probably close.
Now if it is an Indian Head, you're talking big money for a similar error.
And there are so many bidders above $50. A double strike nickel with 2 dates maybe worth half of that. Where are those bidders from, please direct them to my auctions.
Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent. San Diego, CA
$383 is very strong money for that coin, if I'd seen this thread before the auction ended I would have given you an estimate with the decimal place moved one position to the left (i.e., around $40). I wonder how much the PCGS certification has to do with the price realized? Is it hard to find misstruck coins like this without other problems that would preclude it from being graded?
Sean Reynolds
Incomplete planchets wanted, especially Lincoln Cents & type coins.
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
I still think that auction result is something of an outlier... unless I'm drastically underestimating the value of the PCGS holder. Here are a couple of similar coins for comparison:
Doublestruck 2001-D Nickel. Date visible in the second strike like the topic coin, plus it's a higher denomination, a better date, and a Denver Mint issue, all usually positive factors. Sold for $93.00. Seller's picture:
Double Struck 2001-D cent. Not only is this one a better date and a Denver Mint issue, but it shows the date from both strikes. Sold for $302.50. Seller's picture:
I also found this auction (not my coin, obviously), which is very similar to the one in the first post (1999 Philly cent, double struck, second strike 50% O/C, DSBS and a chain strike). The only differences I can see are (a) the date is visible from the first strike, not the second, and (b) the coin is raw. It is currently sitting under $15 with three days left to go.
So...am I still missing something here? Maybe someone can send up the Fred Weinberg Signal[tm], I'm sure he'd have more constructive things to say than "ha ha wrong neener neener".
Sean Reynolds
Incomplete planchets wanted, especially Lincoln Cents & type coins.
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
Comments
g
www.brunkauctions.com
Ed. S.
(EJS)
I say $25-$40.
San Diego, CA
It's a neat coin... and well over $125.00, yet I'm sorry as if a lincoln error doesn't wheat ears on the reverse I just don't follow them. But even as high as $250+ wouldn't seem to off the wall for a coin like this.
Now if it is an Indian Head, you're talking big money for a similar error.
Garrow
Currently at $300+ with 15 bids. Judging from what I've seen a few similar ones go for, I'd say $500 isn't out of reach.
linky
And there are so many bidders above $50. A double strike nickel with 2 dates maybe worth half of that. Where are those bidders from, please direct them to my auctions.
San Diego, CA
Very strange. Guess it has to do with it being toned?
Probably the same reason I was offered way more than the $5-$10 the following coin is worth
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
<< <i>Well, all of you are way off.
Currently at $300+ with 15 bids. Judging from what I've seen a few similar ones go for, I'd say $500 isn't out of reach.
linky >>
I agree ... $400 to $700 ... certainly not $25 !!!!
But what would we do without the "experts"?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
Doublestruck 2001-D Nickel. Date visible in the second strike like the topic coin, plus it's a higher denomination, a better date, and a Denver Mint issue, all usually positive factors. Sold for $93.00. Seller's picture:
Double Struck 2001-D cent. Not only is this one a better date and a Denver Mint issue, but it shows the date from both strikes. Sold for $302.50. Seller's picture:
I also found this auction (not my coin, obviously), which is very similar to the one in the first post (1999 Philly cent, double struck, second strike 50% O/C, DSBS and a chain strike). The only differences I can see are (a) the date is visible from the first strike, not the second, and (b) the coin is raw. It is currently sitting under $15 with three days left to go.
So...am I still missing something here? Maybe someone can send up the Fred Weinberg Signal[tm], I'm sure he'd have more constructive things to say than "ha ha wrong neener neener".
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
The price can't be right. If it is, I will sell all my normal size double strike nickels for $300 ea. if anyone is interested.
San Diego, CA