The 1958 DDO Lincoln cent...Fact or fiction?
razorface1027
Posts: 4,242 ✭✭
I'm pulled all my rolls of wheaties today. Found some interesting specimens, too. My concern right now is
the 1958-P DDO. I wouldn't have thought there was such a animal until I read through my 2005 Redbook and
next to the 58 DDO in parenthesis is "Rare." So, out come the rolls of 58s. I went to coppercoins site in
search of a pic of this supposed 58 DDO and found nothing. There's some reading on a 1958/7; however,
experts seem to have voided the fact that such a specimen exists/existed. My question is...Is there a
1958 DDO? If so, where's the doubling located? Coppercoins' light's off, so I can't pm him. Anyone with info.
post to this thread or pm me...I'd appreciate it.
the 1958-P DDO. I wouldn't have thought there was such a animal until I read through my 2005 Redbook and
next to the 58 DDO in parenthesis is "Rare." So, out come the rolls of 58s. I went to coppercoins site in
search of a pic of this supposed 58 DDO and found nothing. There's some reading on a 1958/7; however,
experts seem to have voided the fact that such a specimen exists/existed. My question is...Is there a
1958 DDO? If so, where's the doubling located? Coppercoins' light's off, so I can't pm him. Anyone with info.
post to this thread or pm me...I'd appreciate it.
What is money, in reality, but dirty pieces of paper and metal upon which privilege is stamped?
0
Comments
It DEFINITELY exists.
Edited to daydream: what would one of those babies go for in auction?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
Tain't got one.
Tom
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
It is believed that these were likely produced clandestinely (on purpose) and placed into marked bags, where they were purchased after being shipped to a specific place on purpose. My belief is that is highly unlikely knowing the way coins are shipped from the mints, and knowing that in 1958 doubled dies were scarcely considered valuable. The overall cherrypicking community was extremely small (I know of only two people who bothered in 1958 and I know of hundreds now) and the logistics to pull something like this off would have been nearly impossible.
My belief is that, like with other documented cases, the die was discovered rather early in the striking process, and the mint destroyed the whole batch of coins, with only a handful escaping the mint. The 1955 doubled die would have been a similar story except that immediate orders and a painful production shortage at the time forced their release.
There are at least two other rather major doubled dies that never found their way into more than a couple dozen collections, the 1969S DDO and the 1970S DDO...but the 1958 takes the cake.
At last known reporting there are two known, neither of which were found within the past 15-20 years. Thousands of rolls of 1958 Lincolns and tens of thousands of bags of circulated wheats later, and not one single example has been reported beyond the two that were evidently found from the same roll many years ago. I still need to contact a number of different sources to find out where and when the two were found. That would be an interesting story in itself.
If there are more than the initial two examples, I would like to know about them. Please add to my story or correct me if I am missing something.
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
Tom
peacockcoins
I can't exactly answer for the 1995 doubled die which has been found and certified ad nauseum at this point. Seems that die lasted through a few complete working days of production and minted some million or more examples. Its early discovery helped its survival rate, but really....seems like everyone has at least one of them. I guess the quality control required to detect doubled dies and get rid of the evidence was a bit lacking at the time.
So like myself, do you ever wonder what WAS caught and completely destroyed? Or even what was caught before it made it to the press in the first place?
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
In 1979 I worked at a bank in Virginia. Right after the SBA's were released we ordered a $1000 bag, and when we got it, the teller that opened the bag found an oblong blob of metal mixed in with the dollar coins. It appeared to be of the same copper nickel alloy as the coins. She ended up keeping it, but I've often wondered how that blob made it out of the Philly Mint without someone catching it. I don't recall seeing any trace of a design on it. Would something like that have any numismatic value? How would you prove that it came from a bag of SBA's from Philly?
I don't know the answers to those questions for sure, but I believe if it has the same weight and metallic composition as an SBA the story would be believable enough to sell to an error dealer.
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
(We) Rick Snow and myself as owners of Eagle Eye Rare Coins.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Al
here's a pic:
Tom
<< <i>Trouble with this coin is it's too rare for collectors to consider owning, including Stewart (unless he bought it at $80K). >>
He bought the other one.
Russ, NCNE
Since the 1995-P 1-O-V is so common, it makes me wonder why the '95-D is so rare. I've seen '95-P's in such a late die state that they look like a Class VI doubled die. That tells you right there the die ran a good, long time.
As to the '58-I'll bet there are a few more out there-SOMEWHERE!