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New to the world of Numanistics

Good Afternoon all. I am totally a beginner here. I have done a lot of research and I have questions about some coins I have. First, I have a 1993 Lincoln Memorial Penny, no mint mark so minted in Philadelphia. This coin has 3 very prominent die crack errors on the reverse, and according to my research, the "AM" in "America" is "close" and research indicates this is an error. Any input from you seasoned folks out there would be greatly appreciated.

Comments

  • MsMorrisineMsMorrisine Posts: 36,786 ✭✭✭✭✭

    need photos of both sides

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Morgan WhiteMorgan White Posts: 11,451 ✭✭✭✭✭

    @MsMorrisine said:
    need photos of both sides

    +1

  • GreenstangGreenstang Posts: 1,474 ✭✭✭✭✭

    Not sure where you got your research from but all 1993 cents
    have a CAM, this is not an error but normal.
    Also as stated, whenever asking about a coin, always supply a
    clear photo of both sides,

  • Thank you for clearing up the CAM question. I am taking the best photos I can with my phone. However, I did look at the die cracks with a jewelers loop. They are not gouges or cuts or post mint damage.

  • AUandAGAUandAG Posts: 24,982 ✭✭✭✭✭

    Welcome, certainly a keeper for the die cracks. Doesn't add much value but is interesting.

    bob :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • Thanks Bob.

  • jonathanbjonathanb Posts: 3,799 ✭✭✭✭✭

    @RHemp70 said:
    Thank you for clearing up the CAM question. I am taking the best photos I can with my phone. However, I did look at the die cracks with a jewelers loop. They are not gouges or cuts or post mint damage.

    Based on your photos (which are quite fine, thank you), you are correct about the die cracks. The one at the top right of the Memorial is a typical crack that appears on many coins in many years. I don't recognize the crack through the C in CENTS, but I see nothing that makes me doubt that it's a real die crack.

    Unfortunately, small die cracks such as those are very common and add no value to a one-cent coin.

  • Thank You Jonathanb

  • Morgan WhiteMorgan White Posts: 11,451 ✭✭✭✭✭

    Nice die cracks but still only worth 1c.

    If you're interested in Lincoln cents, go here:

    https://lincolncentresource.com/

  • MsMorrisineMsMorrisine Posts: 36,786 ✭✭✭✭✭

    you can do research right here:

    https://www.pcgs.com/coinfacts/

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Thanks Morgan. I am just curious, what exactly gives a penny value then? I have seen all kinds of stuff online about errors like these adding value, especially if there are multiple errors on the same coin such is this.

  • MsMorrisineMsMorrisine Posts: 36,786 ✭✭✭✭✭

    those are too small and to common.

    though, there are fools on ebay that might buy the common stuff

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Okay, so here is my next coin i am curious about. 2017 Jefferson Nickel. DDO Date; DDR Monticello; and with a Jewelers loop Full Steps are present. I was unable to capture that in the picture.

  • oh and Five Cents is doubled too. You can see that in the picture.

  • IkesTIkesT Posts: 3,747 ✭✭✭✭✭

    Nope.

  • Nope what? If you are not going to offer anything other than nope then please don't even comment.

  • TomBTomB Posts: 22,279 ✭✭✭✭✭

    Howdy and welcome.

    This is not my image, but I have posted it myriad times on these forums. Read it, look at it, study it and understand it. The image will help mightily to explain doubled dies and mechanical doubling.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • TomBTomB Posts: 22,279 ✭✭✭✭✭

    Also, since you are new, buy a Red Book and read it, study it, understand it and read it again. It won't teach you everything, but will give you a solid foundation. You only need to buy one of these every decade or two (the last two I purchased were in 1993 and 2007) and it only costs perhaps $20 at a local coin shop or online.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • MsMorrisineMsMorrisine Posts: 36,786 ✭✭✭✭✭

    nope as in not a ddo. not a ddr

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Morgan WhiteMorgan White Posts: 11,451 ✭✭✭✭✭

    @RHemp70 said:
    Thanks Morgan. I am just curious, what exactly gives a penny value then? I have seen all kinds of stuff online about errors like these adding value, especially if there are multiple errors on the same coin such is this.

    People on ebay and elsewhere are just trying to take advantage of ignorant people.

    If you're really interested in collecting coins, get a Redbook and a Whitman album and start collecting each date/mm.

    If you're just trying to score big bucks looking for some "rare error", you're in for a world of disappointment.

  • TomBTomB Posts: 22,279 ✭✭✭✭✭

    @RHemp70 said:
    Thanks Morgan. I am just curious, what exactly gives a penny value then? I have seen all kinds of stuff online about errors like these adding value, especially if there are multiple errors on the same coin such is this.

    Die cracks are not necessarily errors, they are a die state and most times add no value to a coin. They can make it look cooler, or hurt the eye appeal for some folks, but most do not consider them to be errors. If you are just looking at online videos on YouTube or looking at items for sale on etsy or ebay then you have a high likelihood of looking at folks simply trawling out crap and hoping a sucker buys their garbage. You do not want to be them.

    If you are actually interested in coins then follow the advice I gave in my previous two posts. If you are, instead, simply looking for low hanging fruit to make money on then it would be best to leave coins alone because this is not a get rich quick area unless you are morally bankrupt and engage in ripping folks off.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • messydeskmessydesk Posts: 20,434 ✭✭✭✭✭

    @RHemp70 said:
    Thanks Morgan. I am just curious, what exactly gives a penny value then? I have seen all kinds of stuff online about errors like these adding value, especially if there are multiple errors on the same coin such is this.

    You've seen a lot of specious information. Click-bait ads are always wrong. Many Facebook groups will get 20 bad responses to a question for every good one.

    Things that cause errors to be valuable are scarcity and how dramatic they are. As mentioned before, the one shown (technically a die variety and not an error), is cool but not worth anything. If you want to see a lot of errors and what they sell for, create an account on Heritage Auctions (coins.ha.com), which is free, then you'll be able to see the prices for errors sold here:

    https://coins.ha.com/c/search/results.zx?term=lincoln+cent+error&si=2&dept=1909&archive_state=5327&sold_status=1526&sb=1&mode=archive

  • CregCreg Posts: 998 ✭✭✭✭✭

    @RHemp70 said:
    Nope what? If you are not going to offer anything other than nope then please don't even comment.

    He answered the question, that was the purpose of the post. Reading other threads before posting would reveal how many times members have explained types of doubling. Don’t eat the teachers.

  • BikergeekBikergeek Posts: 608 ✭✭✭✭✭

    Welcome, @RHemp70! Like many, you are interested in the art of "cherrypicking" - finding something of value that has gone unrecognized. That can pay off! But, for me at least, that took a long time for my coin buys/finds to add value. (They always added "joy" but in the early days, rarely added "value"). Your eyes are open, and the die cracks on that cent are pretty cool.

    As @Catbert mentioned, the term is "numismatics." But I did get a chuckle out of the original topic, and it reminded me of this:

    Good luck in your hunt - and feel free to stick around and soak up the experience on this board - and add your own as it develops.

    My (infrequently updated) hobby website Groovycoins.com

  • shortnockshortnock Posts: 442 ✭✭✭

    Welcome to the fun!

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