Coin and Paper Money Collecting/1980 Lincoln error penny

Advertisement


Question
penny
penny  
QUESTION: I was counting our penny's and ran across this 1980 D that is thinner(approximately 14 thousandths of an inch),and smaller in diameter (approximately 24 thousandths of an inch),than a standard penny.Some of the fine detail is missing,like the stars next to UNUM,and the Lincoln between the pillars,but the lettering is all there.Is this an error penny?

ANSWER: Hi Terrie:


Thanks for giving me the opportunity to answer your question.

From your description, and the attached photo, your coin looks like it may be a rolled thin planchet error, but I can be for sure without seeing the reverse of your coin.  A rolled thin planchet is the result of the planchet strip being rolled too thin at the end of the strip. If you want to ask a follow-up question by attaching a photo of the reverse of your coin, I'll revise my answer, as required.

Your coin is circulated, and from the reverse of your coin, looks like it would grade very fine to extra fine. Your 1980D is not a scarce date, and the coin would likely bring about three to five dollars to an interested collector.

Check ebay listing under US coins in the error category to see if coins like yours are listed and what they are going for. You may also want to check out these links on error coin values:
http://www.coinsite.com/html/USErrorPrices.asp
http://www.minterrornews.com/priceguide.html

If you live close to a local shop, they should offer an opinion as to it's value and if it is authentic at no charge. Remember, should you choose to sell your coin, get at least two estimates from professional coin dealers (PNG). I've listed a link for you to find them in your area. Link: http://www.pngdealers.com/dealersearch.php

Dealers normally pay between 50% to 60% of retail for items they want.

Please remember to go to the experts site to rate this answer. And check the nomination box on the rating page below any comments you may have.

Thank You and Good Luck in your collecting.

---------- FOLLOW-UP ----------

back of penny
back of penny  
QUESTION: Here's the reverse side of the penny. I also have scanned it from the side next to a regular penny if that would help. This only allows me to send one image at a time.

Answer
Hi Terrie:

Thanks for the scan of the reverse, and the follow-up question. That photo confirms what you likely have to be an "acid treated" cent. This coin was altered outside the mint, and I've seen them on both Indian and Lincoln cents. These look the same on both sides, are slightly smaller in diameter than the normal coins, and the lettering, numbers and design is also a bit smaller or thinner than normal. The weight would also be slightly less than a normal cent. These can be considered novelty items, but are not errors and worth no more than a few dollars at most to an interested collector.

I've provided two links for you to see what type of other non-error coins exist.
See link: http://coinauctionshelp.com/page15.html
See link: http://conecaonline.org/content/OhNo.htm

Please remember to go to the experts site to rate this answer. And check the nomination box on the rating page below any comments you may have.

Thank You again and continued Good Luck in your collecting.  

Coin and Paper Money Collecting

All Answers


Answers by Expert:


Ask Experts

Volunteer


Ronald Fern

Expertise

I can answer most all questions relating to US coins, tokens, and currency. I'm not strong on world coins or ancients. Primary field of expertise is errors and varieties. Over 55 years experience in coin collecting. Part time dealer since 1976. Employed by McDonnell Douglas/Boeing for over 34 years as an Industrial Engineer/Technical Specialist before retiring in 2002.

Experience

Worked weekends for "Lonesome" John in the late 1960's to mid 1970's processing error coins, packaging, and preparing orders. Worked with John Devine and Fred Weinberg on several California Error A Rama's in the early 1970's. Served as display judge at annual Error-A-Rama coin shows. Opened and operated mail order coin business DBA "CAL ERRORS" in 1976. Contributer to Alan Herbert's "Official Price Guide To Mint Errors" and Fivaz/Stanton "Cherrypickers' Guide". Worked Saturdays at Huntington Beach Coin Exchange 1980-1999. Had table and sold coins at a number of coin and gun shows in So CA, AZ and NV. Sell coins, tokens and currency currently at my space in the Pomona Antique Center. Past "Errorscope" Editor. Presently CONECA Examiner.

Organizations
ANA, CONECA, CWTS, NLG

Publications
Errorscope, Numismatic News, Civil War Token Journal, Error and Variety News

Education/Credentials
AA Degree LBCC pre Engineering, 1964 BS Degree CSULB Ind Technology, 1968

Awards and Honors
1st Place EAR Trophy for Civil War Token Errors, NLG Author of Year Award for best monthly coin column "Error News and Views" in small Numismatic paper, owned and published by Ray Anthony.

©2012 About.com, a part of The New York Times Company. All rights reserved.