1957 D Penny Double mint mark 0

[WWB]

I am new to coin collecting, I found this in a Wheat penny roll. I was wondering if I found a rare error?  If so what would it be worth?

 

 

Edited April 2, 2023 by WWB
Better Pictures

[J P M]

It looks a little flat but it could be a RPM repunched mint mark. I do not see a listing for it .  http://www.varietyvista.com/02a LC RPMs Vol 1/RPMs 1957D.htm

[Coinbuf]

Welcome to the forum, it could be an unknown RPM, or it could be just some strike doubling.   Better (cropped) full obv photos would be helpful.

[Greenstang]

Welcome to the forum

It would be a RPM if anything, not a Doubled Die. Also it would be an Variety, not an Error, big difference.

I don't think it is a RPM, looks more like Machine Doubling.

[Fenntucky Mike]

A better pic, close up,  of the obv would be helpful. Very unlikely that it is an undiscovered RPM, but I'm not seeing any MD anywhere else in the close up.  

Most likely MD but... 

Edited April 2, 2023 by Fenntucky Mike

[WWB]

sorry what is obv?

[RWB]

If its mechanical doubling, why aren't the digits affected? All are close together and all are raised.

[Fenntucky Mike]

On 4/1/2023 at 9:32 PM, WWB said:

sorry what is obv?

Obverse. The side with Lincoln's effigy.

[WWB]

On 4/1/2023 at 7:39 PM, J P M said:

It looks a little flat but it could be a RPM repunched mint mark. I do not see a listing for it .  http://www.varietyvista.com/02a LC RPMs Vol 1/RPMs 1957D.htm

Would it be worth having it certified?

[Sandon]

On 4/1/2023 at 9:51 PM, WWB said:

Would it be worth having it certified?

   Welcome to the NGC chat board.   

   Even if the coin has a repunched mint mark, it is worth at most only a few dollars, if not, probably less than a dollar. It has a number of nicks and scratches from contact with other coins, so it would likely grade no better than MS 64 RD, a common grade. It would cost $79 to have this coin graded by NGC as a single coin order (total of $23 minimum grading fee, $18 variety attribution fee that would be retained whether or not the coin is found to be an attributable variety, $10 processing fee, $28 return shipping and insurance fee), not including the cost of shipping it to NGC. So, no, it wouldn't be worth having it certified.

In my opinion, as a new collector who is not yet even familiar with such basic numismatic terminology as "obverse" and "reverse", you have no business sending coins to grading services. The cost of doing so only justifies it for a coin that you are able to make an informed judgment is worth at least several hundred dollars, arguably $500 or more. You develop this judgment by learning how to grade and otherwise evaluate coins yourself. Until you have become reasonably proficient in basic authentication, grading, and recognizing coins that are impaired by "cleaning", damage, or other issues, you should confine your purchases to lower value items that can be enjoyed in coin albums or other proper holders, government issued sets in their original packaging, and coins that are already in the holders of reputable grading services.  

  Here are two topics on this forum that identify and acquire resources (print and online) that will further your education:

  You should also attend coin shows and other venues where you may carefully examine coins of the types that interest you and speak with knowledgeable collectors and dealers. You should also consider joining a coin club, where you can also obtain knowledge from the more experienced members. You may find, as I have, that these activities will further your enjoyment of coin collecting.

[powermad5000]

In NGC VarietyPlus, there are six varieties listed for a 1957 D Lincoln Wheat Cent. After checking out all the photos given by NGC, I would say yours matches VP-002. CONECA : RPM-005. A repunched mintmark is not an error, but rather a variety. Your coin is not particularly rare and the repunched mintmark would only be worth a few more dollars to a variety collector. I agree with Sandon on the MS 64 RD grade for your coin due to the numerous marks on it. Due to the extremely high mintage number of this year produced by the Denver mint, 1,051,342,000, in the grade it is in would only be worth about $10. It might get $12-15 to a variety collector. Not many D/D were graded by NGC for this year, probably due to the high mintage number, second to last year of the series with many high quality specimens saved by numerous collectors, and relative low value versus value after grading and slabbing.

You definitely need to learn more about the hobby if you don't know what obv or rev stands for, and absolutely should not be considering sending coins in for grading until you have learned more about coins, collecting, and informational resources available to you. A single submission of this coin would cost you around $125 (including your base membership fee, grading fee, VarietyPlus fee, and shipping costs to and from) for a coin valued between $10-15.

The photo below is of NGC VP-002 from the NGC VarietyPlus page which I believe most closely resembles the conditions on your coin.