Issue 31 - Mint Error News Magazine

Off-Center Mint Error Salesby Al Levy (alscoins.com)Off-Center MarketLincoln Wheatback CentCollectors are aware that most ofthese dates are nearly impossibleto find. They are willing to substituteoff centers with broadstrikes orpartial collars. It is not unusual tofind these error types mixed withina collection. The collector willpurchase these dated error typethat fill the void in their collection.Some dates take decades beforeone shows up for sale.Scan through the back issues ofMint Error News to look up pricesrealized for the early Lincoln Cents.The closer to the 50% off centerwith a full date and mintmark, themore money is paid. The color ofthe coin is a major price factor.Almost each quarter 1956-D and1957-D are sold on eBay. Seehow many of these dates sold thatwere 50% off center with a fulldate and mintmark that were fullyred.Reader of my charts mustunderstand that some of thelistings on eBay may have beenoverlooked. This is a guide only.What if the previous reportedsale price sold because the sellerlisted it as a “Buy it now”? Or, thelot was misdescribed? Thereare numerous factors to considerwhen reading charts. One majorthing to consider is my chartsshow coins sold exclusively oneBay.The date collector knows thetrue market for error types.They do not follow coins sold oneBay exclusively. They frequentshows. Subscribe to most auctioncatalogs. Solicit error dealerswith their want lists. Many timesthese collectors accept coins inwhich the percentage of off centeris minor since this is all that isavailable.Here are records of recent sales of off-center mint errors on eBay from January 1, 2010 to March 31, 2010.1. All lots had buyers. If the coins actually changed hands is unknown.6. “C” next to the date symbolizes that the coin was cleaned.2. A picture accompanied each lot or it was not recognized.7. “B” next to the date symbolizes that the coin had damage and was cleaned.3. Mislabeled items were ignored.8. If the date or mint mark was missing or partially visible, parentheses were used.4. Some lots may have changed hands more than once.9. Postage/handling/insurance fees were ignored.5. “D” next to the date symbolizes that the coin had damage or was scratched. 10. Major auctions were not listed.DENOM YEAR NOTES GRADE LESS:11% 11%-35% 36%-75% OVER 75%1c 1884 VG $290.771c 189(6) D VF $114.381c 1897 AU $239.501c 18(97) FINE $371.001c 1901 VF $167.501c 1902 GOOD $89.001c 1902 PCGS 55 $170.051c 1907 GOOD $34.001c (1907) XF $193.501c (1908) NGC 10 $124.501c 1911 XF $105.191c 1916-S NGC 53 $213.501c 1917 ANACS 64 R&B $152.501c 1917-S GOOD $66.691c 1918 C NCS NET AU $61.001c 1918-D AG $46.55Page 5 minterrornews.com