1983 DDR Lincoln...Under Appreciated?

LeeBone

Looking at the amount of spread, and considering the doubling on so much of the reverse, maybe an under appreciated error?
What say you

phnatacc

I have always been of the opinion that, yes this is a very under appreciated error. The biggest problem I've found with the variety is that high grade RDs often come spotted.

Treashunt

Agreed: Very under appreciated.

2ltdjorn

with out the problematic bubbling, and spotting and the more prominent 1955 DDO, the 1972 and 1983 would have greater following. I own all examples. And have a greater appreciation for varieties that do not require a loupe.

TJM965

I have 4 of them. Like them very much. One is a NGC MS67 Red. Beautiful coin. Sorry no photo.

lostincoins

Most modern DD are under appreciated like the 2009 006 skeleton finger

crypto79

<< <i>Most modern DD are under appreciated like the 2009 006 skeleton finger >>



Ya, I don't see the comparison. That said the 83 DDR is just about the most valuable of the Zincolns so that doesn't speak of "underrated". I guess a better way to look at the question is why doesn't such a dramatic DDR have crossover appeal to non cent collectors? In a way it did esp back in the 90s but now days cents have falling out of vogue some what and coupled to an over Doubled die-ness of the series, most people have moved on. Also being as scarce as it is has driven prices up to around what a 72 brings and I am sorry but it doesn't have a pop of the 72 with a doubled date.

Now the 2009 while being true doubled dies they are too common, too many different, too visually unimpressive and too Zincoln to be home runs IMHO. varieties will always live and die by how interesting and visually stimulating they are and those fall short by market standards. Fun to collect at a low level...sure but a mature two way dealer supported market is unlikely to ever develop even at low price points.

coinbuf

It is one of the best DD's in the series; the real issue with it is tied to the low quality of the coins themselves. The bubbling, splotchy color, and in general poor eye appeal of the early zincolns is the key reason this coin does not enjoy the popularity that its earlier cousins do.

19Lyds

Compared to the 55/55, yeah, the 83 DDR is underappreciated.

BUT

the 1983 DDR did not receive anywhere NEAR the hype that the 55/55 did. And that's what really counts! The public perception and "desire" to own a piece of their own history.
How many of us old farts could only "dream" about owning one of these "double stamped" coins. (Yes, I said double stamped because as kids, that's what we understood. Not that its right, but its what we understood with our limited knowledge base.)

Today, we'll gladly pay market rates to fulfill that dream.

The 1983, on the other hand, came 11 years after the 1972 and that 1972 tarnished (not by a whole lot) the rarity of the doubled die to the commoner. Given the fact that 3 big doubled coins came up in less than 30 years, and the public is going to think, hey, maybe these aren't that rare? So the rush to get one, loses some of its luster?

The 2005 DDR Minnesota Extra Tree's, all 79,000,000 of them, all but killed the 2009 Lincolns, all 101,000,000 of them (and counting), in the pricing arena except for a few scant exceptions.

You see, its all about the "perception of rarity" combined with a "historic COOL" factor which controls the price of certain varieties.

Throw 1,000 1955/55 coins into a single auction and just see where the prices go.

Don't get me wrong, I think the 1983 DDR is a super cool coin with HUGE doubling ............. BUT ........... it simply will never be "appreciated" as much as the 1955/55.

DCW

"The 83 DDR is just about the most valuable of the Zincolns so that doesn't speak of "underrated".

I believe the word used by the OP was "under appreciated." And the 83 ddr is far from the most valuable of the Zincolns as you suggest. There are many, many post copper cents worth multiples of the 1983 ddr. 1982 doubled die obverse, 1984 ddo#2, 1988 doubled ear, 1990 doubled die obverse, 1995-d doubled die obverse, 1996 doubled die obverse come to mind off the top of my head. Of course, only someone with a deep interest in Lincoln cents has probably heard of some of these. Not unlike a lincoln guy making a broad, generalized statement about Trade dollars. (Insert wink emoticon here.)

"Varieties will always live and die by how interesting and visually stimulating they are and those fall short by market standards. Fun to collect at a low level...sure but a mature two way dealer supported market is unlikely to ever develop even at low price points."

I couldn't disagree more with this comment. Perhaps it applies to Trade dollars, but Lincoln cents and Morgan dollars have always enjoyed healthy premiums regarding varieties. When you stop to think about it, it is probably the biggest area in numismatics with growth potential. There are no more key dates. If you want to find something of value, nowadays you've got to pick up a loupe and recognize those interesting varieties that are hiding in plain sight.
Here is my 1983 ddr that I found 3 months ago in a bank roll. I appreciate it immensely, along with the other 50,000 cents I looked through this year to find it:

crypto79

I was talking specifically about the 2009 DDRs and the two way market. As to the more valuable Zincoln's, your are right of course and I even have the 95-d (not that impressive but rare) and they do command a limited niche but not much mainstream demand. I was mostly talking about the redbook biggies with lots of transaction history.

You have an interesting point about with the death of key dates a possible direction collecting might take, it could also have people more to different series but there will always be penny collectors and the existing keys.

Good points

Bigrig52

It all depends on who finds it..If you are important than it gets appreciated..A peeon like me get nothing

19Lyds

<< <i>Here is my 1983 ddr that I found 3 months ago in a bank roll. I appreciate it immensely, along with the other 50,000 cents I looked through this year to find it: >>

You found this in a bank roll!

That's a huge find IMO!

BillJones

The 1983 reverse doubled die cent is a very unusual coin. Unlike many other doubled dies, it did not result from a TWIST of the hub. Instead it was the result of a SHIFT of the hub. As a result the doubling did not result in circular doubling, but "south to north" doubling.

The trouble is this is a REVERSE doubled die, not an OBVERSE doubled die which is a lot less sexy. Hence the coin is not as popular as the more conventional conventional doubled dies.

morgansforever

Popular or not, I always take a close look at any 83P I come across, same goes for the 72P. The 83P exhibits an impressive spread, one of these days I'm gonna pluck one from the wild

TwoSides2aCoin

Have had a few. Appreciated every single one. A few of them had what looks like "blistering" on the obverse. I think it was an inherent planchet flaw on the '83. Some with heavy die polish lines that look like scratches to the untrained eye, too.

keyman64

What are the POPS like with this one in comparison to the 1995 DDO? I think the 1995 is "appreciated" but there are just so many of them that demand is easily satisfied. I am not a Lincoln collector but I do have a raw red 1995 DDO with a few spots on it. Here's another question, are DDOs appreciated MORE THAN DDRs?...my gut feeling says yes but I guess it would come down to which ones you are comparing.

GrumpyEd

I think the 83 DDR deserves some fame. In terms of spread and popularity it's probably the king DDR of the Lincolns and the king doubled die of the zincolns. Had there been a DDO zincoln of the same strength and number saved it would probably get a better price because maybe a DDR is less coveted than a DDO.

The 95 DDO is a bargain in terms of strength and that you can pick up a red BU for a relatively low price. The price is probably held down because it doesn't show much on the date and mostly because there are hundreds of thousands of BUs that were saved.

rec78

<< <i>The 1983 reverse doubled die cent is a very unusual coin. Unlike many other doubled dies, it did not result from a TWIST of the hub. Instead it was the result of a SHIFT of the hub. As a result the doubling did not result in circular doubling, but "south to north" doubling.

The trouble is this is a REVERSE doubled die, not an OBVERSE doubled die which is a lot less sexy. Hence the coin is not as popular as the more conventional conventional doubled dies. >>



Yes, I agree that it is under appreciated. I never found one of these in circulation. I did find a 1972 DDO in a roll from a bank on April 12,1973. I agree that reverse double dies do not get as much respect as obverse double dies (especially when the date in involved in the doubling). Kinda like mint marked coins getting more respect than Philadelphia issues.

Bob

wondercoin

I was lucky enough to grade the Pop 1/0 coin at PCGS earlier this year (MS67+RD). It is in my Top 100 Modern Set. Wondercoin.

clevegreg

I am a bit surprised that your example graded with all of the bubbling on the obverse..... although the picture is the size of a basketball on my screen, which could influence my opinion.

Knowing you Mitch, it is likely awesome in person.

Greg

ricko

I have been looking for one of these....no luck so far, but still checking change and the 'take a penny, give a penny' box... Cheers, RickO

mercurydimeguy

I finally found one that didn't have the typical problems. It is not a Pop 1 like Wondercoins', but it is my Pop 1…the only one I own

PS. I didn't realize how hard it was to find one without all the bubbles, or spotty, or PVC, etc. I looked on eBay and in auction record and even 65RD (PCGS coins) were kind of rough! Some 66RD coins were OK, but I was surprised at how many auction archives I looked at 66RD coins that were not ones that I would want to own… I wonder how many (relatively) problem free/less coins there really are out there…

cladking

<< <i>I am a bit surprised that your example graded with all of the bubbling on the obverse..... although the picture is the size of a basketball on my screen, which could influence my opinion.

Knowing you Mitch, it is likely awesome in person.

>>



The early zinc are notorious for bad plating and bubbling. This was near universal
even on mint set coins until 1985. It's still very very common.