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label or the coin by John M. Robinson II

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  • Member: Seasoned Veteran

Sometimes looking at both the lable and the coin is a important.

 

Yesturday I visited my local -- raw coin -- seller and picked up six WWII Wartime Cents (Steel); all in pretty good condition. I also picked up two sets of WWII Wartime Cents (P-D-S)that were in singler cardboard 3-hole holders. All were purchased less then ten dollars. Twelve coin in total.

 

Along with the WWII cents I picked up six additional Cents dating from 1920 to 1948. Each card holder for these coins had the date and the words -- Wheat Penny -- typed on the face of the holder. Since they were all being sold for one price of six dollars; they soon became part of my family of coins.

 

When I returned home and started my routine of looking over the coins in more detail, I discovered something interesting. One holder had -- 1946 -- typed on the face of the holder but, the coin turned out to be a 1958-D. Another holder had -- 1953 -- and the coin was a 1952.

 

Since I purchased all of the coins due to the low costs and higher value, the issue of mis-typing and mis-coinage is not really a big issue. On the other hand, had I purchased the 1946 and 1952 Cents as part of my primary collections, I would have been disappointed and with a bit of $$$ out of my pockets.

 

Lesson to this experience, at least for me.... don't just read the label. Double check the date of the actual coin.

 

I have inserted an image of the -- 1946 -- label with the 1958 D coin because, the coin looks pretty good for being in a dirty old cardboard holder.

 

Best wishes to all.

 

Jack

11699.jpg

 

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I had the same thing happen to me a few months ago... purchased what was supposed to be a 1879 IH cent... when it arrived, it was 1889. I called the auction, and still have yet to see the 79, in spite of assurances they would replace it. Only thing was I didn't have the opportunity to inspect it before hand, as the pictures they had were poor in quality. I have learned to check everything, double check, and then check again.

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My semi-neurotic compulsion to look at all the detail on the coin could cause the same issue. I could see my self trying to figure out the grade and forgetting to verify the date...

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