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Coin and Paper Money Collecting/1970 s Small Date Penny RPM,DDO?
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Question
Hello Sir,
)
I found this 1970s Small Date Penny (#4pic).It shows that the Mint Mark may be Hit twice.I saw on Ken Potters site He is selling them too.Is this a nice Penny? Is it worth holding on to?
I see some doubling around the letter but too hard to see via a 3....In the Letter L and W I can see Doubing with 3X!! LCR sites says that folks have really gone nuts over searching Rolls over this one for a DDO? Wow!
I read on another site selling Proof copies for $50.00 a Piece (without) the RPM.That these are getting "Tricky" to find!
Look foward to your thoughts on this find.God Bless.
Beck,
Kissimmee FL
PS: I got another one that like a AU to MS-Brown,too.
Beck,
The $50 price tag for a proof is a totally different thing -- yours is not a proof. The uncirculated small date sells for about $25 -- however yours is not uncirculated. I would estimate the value for your circulated coin at $5 to $10 -- that is not counting the possible DDO or RPM.
While a DDO would make it worth thousands, if you don't have the clear doubling of the date and all the lettering -- as shown in the pictures on the LCR site -- then you don't have that rare DDO.
While there may be collector interest in the RPM -- if that's what you have -- I would expect it's only going to be worth a couple dollars more at best in circulated condition.
I hope this helps,
Dan
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| Rating(1-10) | Knowledgeability = 10 | Clarity of Response = 10 | Politeness = 10 |
| Comment | Sir,Its the first time,I have heard here,that I have something thats worth 5-10 Dollars.You know,I have meet online People who have searched for Pennys for 10 years and found only $10.00 I should be more Thankfull to GOD,even though I do go out of my way to get the ROLLS...Kilometers of Walking to different shops just for a ROLL of Pennys.Its a better Range/Spectrum...Chance to Win! So,Between the TWO 1970s,one with the RPM and One more without the RPM in far better condition.Together they are worth about $20-25.00 WOW!! Thats a tremendous Return on the Capital invested. My Next Question is regarding the 1969s Penny! I found one with some Doubling on it..... God Bless Beck, Kissimmee FL | ||
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Answers by Expert:
Dan Moore
Expertise
My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.
Experience
I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.
Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
WINS Member #14
CoinMasters Member #1814
Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm
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