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Issue 30 - Mint Error News Magazine

Issue 30 - Mint Error News Magazine

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Off-Center <strong>Mint</strong> <strong>Error</strong> Sales<br />

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

Off Center Market:<br />

Lincoln Wheatback Cent<br />

Collectors are aware that most of<br />

these dates are nearly impossible<br />

to find. They are willing to substitute<br />

off-centers with broadstrikes or<br />

partial collars. It is not unusual to<br />

find these error types mixed within<br />

a collection. The collector will<br />

purchase these dated error type<br />

that fill the void in their collection.<br />

Some dates take decades before<br />

one shows up for sale.<br />

Scan through the back issues of<br />

<strong>Mint</strong> <strong>Error</strong> <strong>News</strong> to look up prices<br />

realized for the early Lincolns.<br />

The closer to the 50% off-center<br />

with a full date and mintmark, the<br />

more money is paid. The color of<br />

the coin is a major price factor.<br />

Almost each quarter 1956-D and<br />

1957-D are sold on eBay. See<br />

how many of these dates sold that<br />

were 50% off-center with a full<br />

date and mintmark that were fully<br />

red.<br />

Reader of my charts must<br />

understand that some of the<br />

listings on eBay may have been<br />

overlooked. This is a guide only.<br />

What if the previous reported<br />

sale price sold because the seller<br />

listed it as a “Buy it now” Or,<br />

the lot was misdescribed There<br />

are numerous factors to consider<br />

when reading charts. One major<br />

thing to consider is my charts<br />

show coins sold exclusively on<br />

eBay.<br />

The date collector knows the<br />

true market for error types.<br />

They do not follow coins sold on<br />

eBay exclusively. They frequent<br />

shows. Subscribe to most auction<br />

catalogs. Solicit error dealers<br />

with their want lists. Many times<br />

these collectors accept coins in<br />

which the percentage of off center<br />

is minor since this is all that is<br />

available.<br />

Here are records of recent sales of off-center mint errors on eBay from October 1, 2009 to December 31, 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. Mislabeled 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 />

DENOM YEAR NOTES GRADE LESS:11% 11%-35% 36%-75% OVER 75%<br />

1c 1863 GOOD $143.53<br />

1c 1890 VG $42.10<br />

1c (89)0 PCGS 45 $295.00<br />

1c (89)5 PCGS 45 $295.00<br />

1c 1901 D CORRODED $43.00<br />

1c 1901 ANACS <strong>30</strong> $67.89<br />

1c 1903 ANACS 50 $282.88<br />

1c 1916 NGC 55 $195.00<br />

1c 1917 NGC 63 BRN $127.75<br />

1c 1917-D GOOD $89.95<br />

1c 1917-S D AG $16.49<br />

1c 1917-S AG $17.37<br />

1c 1917-S ANACS 04 $47.85<br />

1c 1917-S D VF $26.01<br />

1c 1917-S XF $172.50<br />

1c 1917-S NGC 64 BRN $390.00<br />

Page 5 minterrornews.com

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