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sheba
Penny Pincher Member
USA
191 Posts |
 Posted - 07/11/2009 : 20:47:09
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Hi all,
To begin with, I am unable to provide photos but I think I can describe this penny pretty clearly.
Going through some rolls we got at a bank today I found a beautiful mint condition 2008 D Lincoln - not a valuable coin, of course.
But this penny was noticably thinner than 'normal' 2008 Ds AND it had a very strange colo which was silver. The reason is that it has no copper layer on obverse or reverse 
The coin is shiny silver (zinc) with absolutely no scratches, nicks or blemishes. I would call it an MS 65 condition (but of course, I tend to be over generous when grading 'my' coins  but really, it is in beautiful condition)
Okay ... does anyone have any idea if this is considered an error with value (lots of value? ) or is it a mistake that has no collector value  .
Sorry that I can't provide photos ... hope someone can give me some idea.
thanks so much
sheba
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woof ... wag ... whine |
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 07/11/2009 : 21:10:12
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| sure it will have collector value but not a whole lot. this cent missed the copper plating process thats why its shiny silver. An awesome find indeed. you may be able to sell it on ebay for big bucks b.c of the lincoln craze but you never know. on a normal cent meaning lincoln memorial it only adds a couple of bucks. |
Inquiring minds want to know |
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Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 07/11/2009 : 23:32:06
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| Yeah, I would just keep it as a novelty item. Nice find though! How often of a find is this? |
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sheba
Penny Pincher Member
USA
191 Posts |
Posted - 07/12/2009 : 07:34:45
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This is the only one out of 2,000+ rolls my wife and I have gone through in the past couple months. In fact, I've never seen such a thing before ... except on a Roosevelt dime my wife found in her change. One side as lacking the nickle layer and showed copper. A trusted coin dealer gave her $10.00 for that dime.
I was hoping that 'both' sides on this penny would make it even more valuable 
sheba |
woof ... wag ... whine |
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MatLock
Penny Pincher Member
USA
122 Posts |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
Posted - 07/12/2009 : 19:03:41
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quote:
Originally posted by sheba
This is the only one out of 2,000+ rolls my wife and I have gone through in the past couple months. In fact, I've never seen such a thing before ... except on a Roosevelt dime my wife found in her change. One side as lacking the nickle layer and showed copper. A trusted coin dealer gave her $10.00 for that dime.
I was hoping that 'both' sides on this penny would make it even more valuable
sheba
Perhaps a visit to this trusted coin dealer for his/her opinion might be the thing to do.
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sheba
Penny Pincher Member
USA
191 Posts |
Posted - 07/18/2009 : 23:13:48
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My 'trusted coin dealer' (and I do mean that in a serious, positive way) looked the 2008 D penny over, kept it for a few days and then called me. He told me that it is a genuine 2008 D that did not have any copper covering on the obv or rev. There was a hint of copper color, kind of like a 'stain', specially on the rev. Evidently most of the copper covering did not adhere correctly, leaving just a slight stain in a couple of areas.
Evidently there are 'jerks' out there who use chemicals to actually darken or dissolve the copper?  As I understand it, the quick way to determine if a penny that should be copper but looks like it doesn't have any is genuine, is to determine whether the silver looking penny is bright and shiny like a mint BU.
If the coin is a dull grayish silver color, that is a 'dead give away' that the coin is not a genuine error. If however the penny is bright and shiny silver, it most likely is a genuine mint errror and worth a bit of cash.
In any case I sold it to him for $30.00 (his offer). I'm not too good with math but I think that $30.00 for a penny that came from a roll of 50 pennies I purchased for .50 cents is a pretty good 'return' on my investment!
It was a 'fun and exciting find' for this 'penny hoarding newbie' .
sheba |
woof ... wag ... whine |
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G Powerbuck
Penny Collector Member
USA
256 Posts |
Posted - 07/19/2009 : 06:40:06
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Thats a really good return. I know a coin dealer who has 2 of those. He is selling them for $70, but he has been trying to sell them for at least 6 months, this is when I first met the dealer and found out he had the coin. He is not having much luck at this price, so $30 sounds about right for selling directly to a dealer.
Congratulations, and good luck. |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
Posted - 07/19/2009 : 18:38:04
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quote:
Originally posted by sheba
My 'trusted coin dealer' (and I do mean that in a serious, positive way) looked the 2008 D penny over, kept it for a few days and then called me. He told me that it is a genuine 2008 D that did not have any copper covering on the obv or rev. There was a hint of copper color, kind of like a 'stain', specially on the rev. Evidently most of the copper covering did not adhere correctly, leaving just a slight stain in a couple of areas.
Evidently there are 'jerks' out there who use chemicals to actually darken or dissolve the copper? As I understand it, the quick way to determine if a penny that should be copper but looks like it doesn't have any is genuine, is to determine whether the silver looking penny is bright and shiny like a mint BU.
If the coin is a dull grayish silver color, that is a 'dead give away' that the coin is not a genuine error. If however the penny is bright and shiny silver, it most likely is a genuine mint errror and worth a bit of cash.
In any case I sold it to him for $30.00 (his offer). I'm not too good with math but I think that $30.00 for a penny that came from a roll of 50 pennies I purchased for .50 cents is a pretty good 'return' on my investment!
It was a 'fun and exciting find' for this 'penny hoarding newbie' .
sheba
Well, technically the investment for that one penny was only one cent, instead of fifty cents, unless you sold the entire roll to the guy.
I think being able to sell something for $30.00 that you acquired for one cent is absolutely awesome!!!!!!!
Major congrats!
Continued success. |
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sheba
Penny Pincher Member
USA
191 Posts |
Posted - 07/19/2009 : 20:15:11
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Thanks, everyone, for the kind words and comments.
Now if I could just figure out where that roll is that has 'my' 1914 D inside
Sheba |
woof ... wag ... whine |
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biglouddrunk
Penny Pincher Member
138 Posts |
Posted - 07/25/2009 : 21:32:56
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| I worked at a plating place one of our favorite things to do when we were board was to nickel plate copper pennies. |
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Is this a valuable error?
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