Coin and Paper Money Collecting/odd wheat penny

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Expert: - 7/6/2007


Question
hi, ive been saving whatever wheat pennies that i come across and today i was going through them and i found a 1950 wheat pennie, and it appears to be missing the "1" in the "1950" it just says 950. its alittle beat up. have you ever heard of this error on that particular mint? any info would be greatly appriciated.
-chris-

Answer
Hi Chris,
Yes, I have heard of these and seen them.  Sometimes the dies become filled with grease and as a result certain details do not get struck.  That is probably the case with your coin.  However, check eBay for similar items and to get a value.
Regards
Joe Hylas

Coin and Paper Money Collecting

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Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

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