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Issue 29 - Mint Error News Magazine

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Double Denomination & Off-Metal<br />

<strong>Mint</strong> <strong>Error</strong> Sales<br />

by Al Levy (alscoins.com)<br />

One of the most popular error types are double denominations.<br />

All have eye appeal. The higher end common<br />

dates graded over MS66 have dropped some in price.<br />

However, the sellers are still not willing to lower their<br />

ask prices. The collector must realized that some dates<br />

and mintmarks there are less than a handful known.<br />

Eye appeal will generate a higher price paid than a<br />

grade. When a new seller lists this error type and does<br />

not utilize quality pictures or descriptions, they sell for<br />

a fraction of their real value. My charts reflect this decrease.<br />

This does not mean prices dropped. It means<br />

the buyer is able to turn a quick profit if desired by<br />

offering the same piece at shows. Keep in mind that<br />

eBay sales are a small fraction of the true market.<br />

Dates, mintmarks, grading services all make a difference<br />

in value. Read over my notes to help you decipher<br />

the real market.<br />

Here are records of recent sales of off-center mint errors on eBay from July 1, 2009 to September 30, 2009.<br />

1. All lots had buyers. If the coins actually changed hands is unknown.<br />

6. “C” next to the date symbolizes that the coin was cleaned.<br />

2. A picture accompanied each lot or it was not recognized.<br />

7. “B” next to the date symbolizes that the coin had damage and was cleaned.<br />

3. Mislabelled items were ignored.<br />

8. If the date or mint mark was missing or partially visible, parentheses were used.<br />

4. Some lots may have changed hands more than once.<br />

9. Postage/handling/insurance fees were ignored.<br />

5. “D” next to the date symbolizes that the coin had damage or was scratched. 10. Major auctions were not listed.<br />

DESCRIPTION GRADED SOLD OBSERVATION<br />

DOUBLE DENOMINATIONS<br />

1980-P STRUCK CENT ON A STRUCK DIME ANACS 63 $765.99 2ND STRIKE FLIPOVER. BOTH DATES & MM<br />

SHOW.<br />

1985-P STRUCK CENT ON A STRUCK DIME ANACS 64 $766.00 2ND STRIKE 90 DEGREE CW TURN. CENT DATE &<br />

DIME MM. "19" DATE ON DIME REMAINS.<br />

1994-P STRUCK CENT ON A STRUCK DIME NGC 64 $705.00 2ND STRIKE 90 DEGREE CCW TURN.<br />

1999-P STRUCK CENT ON A STRUCK DIME ANACS 65 $711.00 2ND STRIKE FLIPOVER. BOTH DATES & MM<br />

SHOW.<br />

2001-P STRUCK CENT ON A STRUCK DIME ANACS 66 $535.61 2ND STRIKE FLIPOVER. CENT DATE & DIMES MM<br />

SHOW.<br />

(1977) STRUCK NICKEL ON A STRUCK CENT XF $191.50 2ND STRIKE FLIPOVER. 1/2 DATE SHOWS ON<br />

CENT ONLY. MEMORIAL SHOWS ON OBVERSE.<br />

HEAVILY SCRATCHED REVERSE.<br />

Page 15<br />

minterrornews.com

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