Is this a known error in the 1963 penny series?

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christianpigeon
christianpigeon Posts: 13 ✭
in U.S. Coin Forum

I bought a few rolls of 1963 BU back in 2007. I forgot about them until recently and opened the last few rolls. This error coin, is very slim with beautiful markings on the reverse side. I'm still new to this coin-collecting hobby and am concerned that what I have is a fake. The other coins are remarkable for their age as well.

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  • CRHer700
    CRHer700 Posts: 2,153 ✭✭✭✭✭
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    Very nice!

    God bless all who believe in him. Do unto others what you expect to be done to you. Dubbed a "Committee Secret Agent" by @mr1931S on 7/23/24. Founding member of CU Anti-Troll League since 9/24/24.

  • Fraz
    Fraz Posts: 2,118 ✭✭✭✭✭
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    Welcome. Lucky dog!

  • christianpigeon
    christianpigeon Posts: 13 ✭
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    GET OUT!

    I bought the rolls on ebay. So I should send it in to be graded :) ?

  • christianpigeon
    christianpigeon Posts: 13 ✭
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    I have so many great-looking 1963. Are they common in the MS66,67 grades?

  • Fraz
    Fraz Posts: 2,118 ✭✭✭✭✭
    edited May 7, 2024 8:40AM
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    @christianpigeon said:
    I have so many great-looking 1963. Are they common in the MS66,67 grades?

    Do they look like that one?


    To a try to answer your question:
    No, it is not a known error as a doubled die would be classed.
    It’s what Mark called it.
    I do not know if there is a standard term for dramatic mint mutations.


    PCGS CoinFacts helps.

  • JBK
    JBK Posts: 17,859 ✭✭✭✭✭
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    Just to clarify, errors can happen to any coin at any time, so asking if there is a known error in this scenario is not really applicable.

    But, it is a fantastic error. Value would determine whether or not to get it slabbed. I suspect it is worth it, but let's see what the experts say.

  • Fraz
    Fraz Posts: 2,118 ✭✭✭✭✭
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    Does a trace of the 3 remain? That would affect the value.

  • yspsales
    yspsales Posts: 2,670 ✭✭✭✭✭
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    I would slab it.

    Cool coin that deserves preserving for a future collector.

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

  • christianpigeon
    christianpigeon Posts: 13 ✭
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    @Fraz said:
    Does a trace of the 3 remain? That would affect the value.

    The 3 is there faintly. The L in liberty is completely gone.

  • Fraz
    Fraz Posts: 2,118 ✭✭✭✭✭
    edited May 7, 2024 9:09AM
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    Great. I would put it in an airtite. Were I young I would slab it to keep it for a long time. I don’t shop errors, so I cannot help value the coin.

  • JBK
    JBK Posts: 17,859 ✭✭✭✭✭
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    Let's get some of the big guns to weigh in on value (I know I missed a couple, no offense intended).

    @FredWeinberg
    @MWallace

  • MWallace
    MWallace Posts: 4,682 ✭✭✭✭✭
    edited May 7, 2024 9:56AM
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    @JBK said:
    Let's get some of the big guns to weigh in on value (I know I missed a couple, no offense intended).

    @FredWeinberg
    @MWallace

    What @MarkKelley said. Struck on a split before strike planchet.

    Edited to add that the value is around $40.

  • christianpigeon
    christianpigeon Posts: 13 ✭
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    @MWallace said:

    @JBK said:
    Let's get some of the big guns to weigh in on value (I know I missed a couple, no offense intended).

    @FredWeinberg
    @MWallace

    What @MarkKelley said. Struck on a split before strike planchet.

    Edited to add that the value is around $40.

    $40 as is or slabbed?

  • JBK
    JBK Posts: 17,859 ✭✭✭✭✭
    edited May 7, 2024 10:50AM
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    @christianpigeon said:

    @MWallace said:

    @JBK said:
    Let's get some of the big guns to weigh in on value (I know I missed a couple, no offense intended).

    @FredWeinberg
    @MWallace

    What @MarkKelley said. Struck on a split before strike planchet.

    Edited to add that the value is around $40.

    $40 as is or slabbed?

    That's always the dilemma. I'm not sure slabbing necessarily adds much/any value, but it does make it more marketable.

  • MWallace
    MWallace Posts: 4,682 ✭✭✭✭✭
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    What @JBK said.

  • Fraz
    Fraz Posts: 2,118 ✭✭✭✭✭
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    Value does not matter when you find it. It’s a trophy. You’ll never buy a better one..

  • JBK
    JBK Posts: 17,859 ✭✭✭✭✭
    edited May 7, 2024 11:23AM
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    @Fraz said:
    Value does not matter when you find it. It’s a trophy. You’ll never buy a better one..

    Yes, never underestimate this angle. The coin basically cost you nothing or very little, so you have some breathing room in regard to slabbing costs, especially if you want to keep it.

    It is indeed a trophy. I've searched a few hundred thousand coins and never found anything similar. Almost all active roll searchers won't ever find anything like it, either.

  • FredWeinberg
    FredWeinberg Posts: 6,039 ✭✭✭✭✭
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    Although I’ve handled hundreds of them in my old career, they certainly are much scarcer to find nowadays then they were back in the 60s 70s and 80s. I think most are still in collections that were built decades ago.

    The 1963 coin shown is quite nice and very “red“ — One of the nicest examples I’ve seen
    Back in the day AU -ish coins were three to five dollars, and ten dollars and fifteen dollars, et cetera over the years. Although I don’t think I’ve ever sold one for $40, that price range seems very fair for the scarcity of it in such condition.

    Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
  • MWallace
    MWallace Posts: 4,682 ✭✭✭✭✭
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    There is at least one error dealer "asking" $60-$80 for them.

  • christianpigeon
    christianpigeon Posts: 13 ✭
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    Thank you all for your insights. o:)

  • Tonyamcfall30
    Tonyamcfall30 Posts: 2 ✭
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    I found one with weird errors not sure if it’s just post minted


  • Tonyamcfall30
    Tonyamcfall30 Posts: 2 ✭
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  • World67
    World67 Posts: 13,098 ✭✭✭✭✭
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    @Tonyamcfall30 said:
    I found one with weird errors not sure if it’s just post minted

  • Aspie_Rocco
    Aspie_Rocco Posts: 3,872 ✭✭✭✭✭
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    @Tonyamcfall30 said:

    This is simply a damaged coin. Not an error. If you take another undamaged one cent coin and run it over in a parking lot, you can reproduce the same type of damage.

    https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/

  • MsMorrisine
    MsMorrisine Posts: 40,036 ✭✭✭✭✭
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    damaged

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Old_Collector
    Old_Collector Posts: 1,210 ✭✭✭✭✭
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    Looks like it spent a week in the Walmart parking lot prior to its rescue.

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