Coin and Paper Money Collecting/error coin

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Question
obverse
obverse  

reverse
reverse  
i have a penny.  it is a misprint i found in change in the early 1980's.  if you look closely at the obverse - the memorial is backwards with just a shadow of lincolns head.  while on the reverse, the memorial is perfect.  the coin was struck through a very thin blank (planchet?).  while not a perfect example of a two sided coin, it is a two sided coin none-the-less. check the attached images, it is really quite unique.

Answer
J.D.:  

You have a mid-stage brockage. It is caused from a struck coin sticking to the obverse (hammer) die. The coin strikes the blank rather than the die. Where the coin has the surface raised, it makes a recessed and reversed image into the blank.  In addition, the copper coin is softer than the die, which explains why the image continues to spread and get distorted as more coins are struck with the die capped from a struck coin.

It is a fairly scarce error, and can bring around $35 to $50 from an interested collector in Uncirculated condition.

You may want to check Ebay listings in the error coin category to see of coins like yours are listed, and what they may bring.

If you live close to a local shop, they should offer an opinion as to the value at no charge. Always try and get at least two opinions and try and deal with PNG dealers if possible. If you should decide to sell your items to a dealer, remember they will offer about 50% to 60% of the retail value. Here's a link to find one in your area: http://www.pngdealers.com/dealersearch.php

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

Thank You and Good Luck in your collecting.

Coin and Paper Money Collecting

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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. Contributor 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 on Facebook. 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.

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