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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