2nd opinion ?

[needshelp-migration]

i know nothing really about coins but got a few hundred recently when my father passed. among them are 2 pennies labeled 1972S PF68CAM DDO. i toof them to the only dealer within 150 miles of me and he thinks that they are as claimed. thought id see what come collectors thought. i did the best i can on the photos

 

[BillJones]

I am a long time collector and retired dealer, but I have to confess that minor variations on doubled die cents is not my area of expertise. Still I'll try to give you some general guidelines.

 

First, I'll take PCGS's word for it that these are doubled dies of the 1972-S Proof cent. Given that they are, the doubling is very minor and would be of interest only to dedicated specialists in this area. In other words they are not the easiest coins to sell at a premium price. Most collectors want their doubled die coins to look like this classic piece, the 1955 doubled die obverse cent.

 

 

Second despite the PR-68 CAM grades that these coins have, some of them are developing spots. These naturally occurring marks do lower the value. There is nothing you can do about them, and preventing them from forming on the other coins is difficult and partly out of your control. The only thing you can do is to store these coins in a dry place with constant temperatures. In other words no attics, no garages and even avoid closets that face outside walls in a part of the country that has "the four seasons." Even bank vaults are suspect because they might allow the temperature in the place to go down at night. These are the headaches that copper collectors face, and the reason why some collectors avoid copper coins all together.

 

I hope that someone else will be able to provide with market estimates on these pieces.

 

BTW great photos. (thumbs u I wish I could take pictures that well.

[wheat'swheats]

This is just my opinion, and I do not try and speak for all Lincoln collectors. I enjoy a nice DD, but when it requires a microscope to see it the appeal vanishes. You do have DDs but they are so slight that I don't think that a premium will be there other than what a proof with a couple minor problems would bring.

wheat

[needshelp-migration]

i am thinking the same as you both. thats why im confused on these coins. the dealer here pulled them up on coin facts and theres no price guide but is a price history, only one listing in the history and that was in 1997. the coin sold then went for $11,500. i dont collect coins, so maybe im missing something.....

[needshelp-migration]

oh and thanks on the photos, took awhile..... my secret is a magnifying glass held against a galaxy s3 cell phone camera

[needshelp-migration]

and i just noticed the one that sold for 11,500 was 45 grade...

[BillJones]

$11,500 sounds like an awful amount of money for microscopic doubling. If you could get one of the major auction houses to push this, maybe, but when I was dealer, I would not have even made you an offer. It's just not my thing.

[mtnstyne]

Not a variety collector either but I don't see it at all. Maybe time to get a bigger laptop.

 

That being said I did a quick search on Heritage and eBay and didn't see any prior sales.

 

Is this something that would show up in the pop reports?

[needshelp-migration]

Not a variety collector either but I don't see it at all. Maybe time to get a bigger laptop.

 

That being said I did a quick search on Heritage and eBay and didn't see any prior sales.

 

Is this something that would show up in the pop reports?

 

[needshelp-migration]

these are the only photos i can find of one slabbed..... looks the same as the 2 i have .... as far as i can see, but again i dont collect so i dont know

[FishyOne]

The $11,500 price is a mistake, the link is dead. You will note the assigned grade of XF45DCAM that is not possible.

 

Don't know how much the coin is worth but it's certainly a lot less than $11,500.