Every collection has a story. If you’ve ever found a penny in your pocket that looks odd. You may want to think before spending it in the store. There are possible error pennies that contain value. The TrendingTeam.com will explore many trendy areas. The coin market is an interest that’s heating up on websites like Tiktok. The value of error coins is diverse. This article will address error coins that may be found in your pocket, the various values of coins by qualified coin grading services, and how you can score yourself a few error pennies!
“Is it hard to find an error penny?”
The longer you look, the more likely you are to find an error penny. It’s highly likely that you’ve seen an error on a coin’s surface. Not all errors are clearly visible by the naked eye. However, there are a few types of errors that may present themselves like fireflies lighting up at night.
Below is an example of a 1991 1c with no mint mark, and an obvious error. Can you see its odd shape? Take a look at the view, tap on the screen a few time till you figure out how to pause, and take a good look at this error penny. This penny was found in a roll from a local bank. The cashier exchanged 10$ in quarters for 10$ in pennies. This penny stood out very quickly.
What is a planchet error?
The planchet error can be described as a coin that was formed when one denomination is fed into a press for another denomination. An expert may take this penny to a scale. The weight of the penny may be able to determine if it was struck from a denomination intended for a nickel or dime. The planchet error is also used to describe a coin that has been struck twice, and contains an alternate metal from its visible obverse, and or reverse. (Obverse : coin term for heads side of a coin. Reverse : coin term for the reverse side of a coin.)
Do pennies that present a different coloration earn the classification of error penny?
Not all colored coins have colors by accident. There are coin categories that include painted coins. However, some coin colorations happen for a number of reason. The coin’s coloration is defined as its tone. The toning of a coin can declare discoloration. A coins patina is subject to the oxygen and chemicals present in the air. In other words, chemicals act upon the metal during the striking process. Some colorations are intentional, and some are not. The term “red cent” is slang for worthless. There are colored pennies may carry additional value over their face value.
The red patina has to be inspected by a professional before it’s a certified penny error. While, coin errors are well known. The modern coin collecting community has great reason to consider grading their exquisite finds. The value of this coin may only be worth a penny outside of a slab. A slab is a plastic coin holder that’s used to protect coins that have been graded. PCGS offers grading services, and anagram can be used during google searches to discover known coins. PCGS will also offer previous sales of items. Detailed error coins may be difficult to surface dependent on their rarity. The chemical processing is liable to change the patina or color of the surface. Coloration changes can also happen in tandem with planchet errors. Be on the lookout for rainbow coins. The coloration may be a clear sign that something went wrong during the minting process. Find the right color coin, and you may want to have it graded. With that said, take your best guess? Do you think you can sell a penny from 1991 for more than 1 cent?
Are all errors known errors?
No. Not all errors are known. Some errors are known, and the coin collector community is likely well aware. There are a number of coin errors, and only so many coin experts. The 1944 wheat penny is a coin known for its multiple of errors. There are sometimes multiple coin error that result in a detailed report after grading. Inspecting detailed reports of error coins can illuminate multiples of errors. Take a look at the 4 in this 1944 wheat penny!
IDENTIFYING VALUABLE COINS CAN ONLY INCREASE THE VALUE OF THE CURRENCY ITSELF. EVERY COIN GRADE DISCOVERY IS A SERVICE TO THE CURRENCY OF IT’S OWN ORIGIN, AND MINTS THAT PROVIDE COINS FOR CIRCULATION. NUMISMATIC COIN COLLECTING IS AN ENJOYABLE HOBBY THAT CAN BE SHARED WITH EVERYONE.
The known errors are diverse. The 1944 penny restored copper pennies. The 1943 penny was a steel penny. If you were to find a 1944 steel penny, or a 1943 copper penny, you most definitely want to consider grading your coin. The grade offers a scale of 1-70. Where a 2 is twice as valuable as a 1, and 3 is three times more valuable than a 1. The scale isn’t absolutely perfect to the math. The higher the grade, the more valuable the coin. Not all coins come with great value. You can easily spend an error penny. After reading this article, you may decide to hold onto more coins in the future.
Is it damage or an error?
There are coins that appear errored, and it’s only damaged by circulation. Weathered coins may have come from the earth. It’s common to find medal detectors at the beach in the summer time. You may prefer a private pool club, and have never seen someone combing the beach for precious metal. The erosion caused by a coin is likely to result in a grading that reflects environmental damage. Depending on the provenance of the coin, a coin with environmental damage might have been discovered on an archeological dig. An old coin doesn’t mean a valuable coin. Knowing what your coins are can provide you the potential to make a sale. If you’ve got a valuable coin that should appraise for over 5,000 dollars it’s recommended to become clear of the terms and agreements on eBay. Such a sale might trigger a red flag due to the value of the coin. It is advised by eBay that items with a price tag of 5,000 USD or more should be graded by a credible grading service.
Follow @ErrorPenny on Tiktok, and @ErrorPenny on eBay! The errors that appear on @ErrorPenny may be listed for auction online. Find the four pennies from the above examples on eBay, and place a bid should you want to win them for your own coin collection.
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