QUOTE(joanjet @ Nov 21 2005, 05:10 PM)
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I notice lots of 2003 Lincoln cent proofs that are being labeled as "error" coins on ebay because the 3 was not struck as hard as the other numbers. Does the coin have more value because of that??
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People might pay a premium for them, I would not. It depends on how you define "error" or what you'd find desirable about an error.
Weakly struck coins often are priced at a discount to their fullly struck brethren. For example, shield nickels and 2c pieces generally sell for less if the shield is not fully struck, even though you could call it a "disappearing shield" error. Other details on the coin may appear sharp.
Fortunately (or unfortunately, if you were a no cents liberty nickel hoarder in the 1880s), I don't decide what's valuable, the marketplace does. I remember back in 99 and 200 some grease-filled die quarters that were missing details sold at a premium, they might sill sell for extra money.