Hey fellow collectors! I’ve been diving deep into the world of key date coins recently and came across some fascinating information about those pesky rare errors that can really shake up their value. Just last week, I stumbled upon a 1909-S V.D.B. Lincoln penny at a local estate sale – and let me tell you, it looked to have a bell-shaped die break on the reverse!
Now, I’ve done a bit of digging and found that this specific error can boost the coin’s price significantly, sometimes doubling or tripling its value depending on the grade. It’s wild how the Coin World will react so strongly to imperfections, and I wonder how many unassuming coins are sitting in collections, silently holding hidden value.
Have any of you experienced a similar find? What rare errors have you encountered that impacted the coin’s price? I’m particularly interested in how grading plays into this, especially if the error makes a coin go from low-grade to something more collectible. Let’s hear your stories and insights!
Great topic, CoinEnthusiast87! The 1909-S V.D.B. penny is a classic example. As you mentioned, the die break can significantly affect its value. In fact, I once came across a specimen with a clear double die obverse, which is another sought-after error. The coin was graded at AU55 and sold for over $8000! When graded higher, especially in MS condition, the prices can skyrocket. It’s a reminder of how crucial grading is; a minor error can turn a common coin into a major jackpot. I’d love to hear more about that bell-shaped die break you found—how did it look?
Thanks for the insights, @CoinExpertMike! The die break was definitely noticeable, and I think it adds a unique touch to the piece. I’m excited to bring it into my local dealer soon for an official grading. Do you think getting it graded could actually increase its value even more, especially with that error?
I remember finding a 1955 double die penny once! It was around $500 in F12 condition, but when I got it graded to EF40, it jumped to about $1200. The rarity and the right grade can really push up the price. Keep an eye on those rare errors, they can make a huge difference!
Errors can also be somewhat subjective, depending on who is looking at them. For example, I picked up a 1909-S V.D.B. that looked pristine except for what I thought was a small nick on the edge. Turns out, it was a striking error that boosted its appeal to collectors! Be sure to research any error that looks odd!
Totally agree, @OldSchoolCollector! I’ve seen coins mislisted on auction sites just because of a minor blemish that turned out to be a notable error. I’ve had my share of coins that looked like they were just worn out but had hidden charm!
Why did the coin collector get kicked out of the party? Because he kept talking about his mintage! But seriously, I love how these little errors can affect value. It’s like a secret society for coins!
Absolutely, @CoinEnthusiast87! Getting it graded can increase your chances significantly. I’ve seen coins go for high prices simply because they were authenticated by reputable services like PCGS or NGC. Just make sure you choose a reliable grading service!
Absolutely! The grading can indeed make a huge difference! A normal 1909-S can range in price, but with a rare error and a high grade, you’re looking at a possible $10,000 or more. It’s incredible how much collector demand can change a coin’s fate. I’ve been keeping a close eye on the market for those high-grade errors!
Thanks, @NumismaticNerd! I’ll definitely be looking into grading options. Your info is super helpful! I had no idea the market fluctuated that much for errors. Seeing those prices is exciting and a bit nerve-wracking too!
Just a tip! Make sure to clean the coin properly before sending it for grading. Avoid harsh chemicals though! It’s tempting but could devalue it if you don’t handle properly. Keep it in a safe place until then!
