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Need some advice!
viper105
Posts: 7 ✭
I have a 1969 D penny that was struck on a dime planchet. Anyone ever seen this coin before? I just returned to collecting a few weeks ago. Have been out of collecting for a few years. It was in a bag of junk I bought at least 10 years ago. Let me know if you have seen or heard of one. Thanks, Steve H, Viper105 I added the pictures, sorry about the quality! Steve
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Welcome to the forums! Pictures would help
Collector
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Viper, They are not ultra rarities but do have a significant premium associated with them. Is your coin mint state? The higher the grade, the more valuable they are. The error occurs when a struck dime is mistakenly left in the hopper at the mint. Lincoln blanks are dumped in same hopper and you end up with a dime making it's way under a set of Lincoln dies. Been going on for more than 50 years. Ultra nice examples (ms66,ms67) sometimes bring 800 to 900. Circulated examples significantly less. Eye appeal is also a variable. Two dates on same coin a plus. Orientation that is appealing is also a plus.
EDITED TO ADD....... Just noticed that you stated dime planchet, not struck dime. Same concept as to how it happened, but worth less than Double Denomination.
People hammer coins into other pieces and all sorts of weird stuff. There are likely hundreds of thousands in the collective memory here. That being said, the quickest route to the best answer is post photos.
They are out there for certain. I would as suggested post an image of the coin.
@viper105 interesting, can you offer images of the obv and rev? Peace Roy
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pictures
I didnt say they didnt.. my dad had one when I was a kid. Me and my brother made our own with a hammer. It wasnt the same and didnt work. But I bet that coin got someone's attention.
I am sorry for taking so long to get back to you guys. I have posted the picture. i am not sure how well it would grade? thanks for the info. just not sure what to do with it next. just sent my first batch of coins to PCGS and 8 out of the 11 came back scratched or cleaned. Thanks, Viper105, Steve
The surfaces look pretty rough on the obverse. Not sure it would grade. It's important as to whether the obverse is as struck or has seen some damage from circulation. The better money will be in a graded holder. I would put it in a 2x2 and keep it for a conversation piece. Error submissions are pricey, $65 plus $10 plus S&H. You'll have near $100 getting an opinion on it.
You might get some more responses if you were not on the forum's BUY, SELL, TRADE page
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When a coin is hammered into another coin you get a mirror image incused into the host coin. That is not the case here. It looks like the real deal.
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"Paper money eventually returns to its intrinsic value---zero."----Voltaire
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Probably best to sell it as is...I have no idea whether it is genuine or not (I don't collect errors)...but from the pictures, it is definitely lower grade so it'd be hard to justify the grading fees.