What are some common misconceptions about flip over errors? I’ve heard conflicting opinions and would like to gather some solid insights

Hey fellow collectors! Lately, I’ve been diving into the fascinating world of flip over errors, and I’ve come across a ton of conflicting information. For instance, some say that all flip over errors are highly valuable, while others suggest that only specific types really catch premium prices. I recently acquired a 1992 D penny that has this error, and it’s in decent condition—maybe a fine or very fine grade—but I’m torn on what to do with it.

I’ve done some research, browsing through various forums and price guides, but it seems like there’s no consensus on grading and market value. I’ve noticed that some collectors regard these errors as amusing curiosities rather than serious investment pieces. Personally, I find them a unique segment of numismatics that deserves a spotlight, but I’d love to hear what you all think.

So, what are some common misconceptions you’ve encountered regarding flip over errors? Are certain dates or mints more sought after? And how do you personally evaluate the importance of these coins in your collection? Looking forward to hearing your thoughts!

Great topic, CoinEnthusiast99! Flip over errors are indeed fascinating, but there are quite a few misconceptions floating around. One major myth is that all flip over errors are valuable. In reality, while some can fetch a premium, most exceptions depend greatly on details like mintage, condition, and historical significance. For instance, errors from certain years or mints, like the 1983 and 1995 issues, are much more sought after than others. I’d recommend checking price guides from reliable sources like PCGS or NGC for the most accurate evaluations. Additionally, engaging with community forums can unearth personal experiences that price guides may overlook.

As for your 1992 D penny, if it’s indeed in a fine or very fine grade, it might be worth getting it graded. You might be pleasantly surprised by the outcome!

Happy collecting!

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I absolutely agree with you, numis_guru! While I love flip over errors too, they can often be undervalued or mistakenly overhyped. A good rule of thumb is to focus on errors that occur in higher mintage years. I’ve got a 1983 penny error, and let me tell you, you’d be surprised at the collector interest! Just remember that the beauty of a good error coin is often in its story, not just its potential price tag. And don’t get discouraged if it’s not a rare type; each piece contributes to the larger narrative of our hobby!

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I’ve heard a lot about flip over errors too! But let’s be real, a lot of collectors just want them for fun. :joy: It’s like having a quirky piece of history! I think those that are just mildly damaged, like doubling, can be appealing, but really rare errors seem to fetch higher prices. Anyone want to trade? I have a whole bag of ‘em! :smile:

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Hey CoinEnthusiast99, regarding your 1992 D penny, you should definitely consider having it graded if it’s in decent condition. Just keep in mind that the craze for flip over errors has kind of fluctuated. Some people outright dismiss them as underwhelming compared to other error types. But there are collectors who absolutely love them! So don’t lose hope. Just make sure to document all the specific characteristics of your penny before sending it in for grading!

Here’s a list of things to note:

  • Weight
  • Edge condition
  • Visual defects

Best of luck! :coin:

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Thank you, everyone! Your insights are invaluable. I guess I’m leaning towards getting my penny graded now. I appreciate the list, @coin_hunter_mike – very helpful! I love how this community shares knowledge. Who knew coin collecting could be such a rich experience? Can’t wait to hear more thoughts!

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Glad to hear that, CoinEnthusiast99! Getting graded can really open your eyes to a coin’s true value, especially with errors. Just ensure you choose a reputable grading service. I used NGC for my flip over error and found it to be a seamless process. Plus, they have great customer support, which is a huge plus when you’re uncertain about your submissions!

Also, if you don’t mind, share pictures of your penny once you get it graded! It would be exciting to see how it turns out!

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Just a quick note regarding flip over errors: don’t forget about preservation! If you want to keep the value, be sure to store it properly. Using PVC-free holders or capsules is crucial, as cheap holders can ruin the coin over time. Plus, maintaining low humidity and temperature can make a difference! Trust me, I learned this the hard way with one of my earlier coins. :slightly_frowning_face:

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