The most underrated/overrated Lincoln Cent variety?

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  • DCW
    Member
    • Feb 2010
    • 2085

    #1

    The most underrated/overrated Lincoln Cent variety?

    Question for a dull day at work: purely speculation and no wrong answers.
    What in your opinion is the most underrated Lincoln Cent variety in terms of rarity/value?
    What is the most overrated variety?

    After thinking for some time on the subject, Ill go with 1970-s ddo for my pick of most underrated. Even though it is extremely expensive in its own right, if you compare it to the 69-s with similar estimated examples known, it's a bargain. Lots of potential there.

    For my pick of most overrated, I will have to go with the current toast of the town, 92/92-d CAMs. With only handfuls known of the two combined, this may seem contrary to reason. But here is my reasoning: at current purchasing levels (that of a new automobile) I cant imagine this variety not losing steam with all but the most ardent of collectors. Like the housing market of yesteryear, price levels have seemed to move markedly north in too short a time. Dont get me wrong, id love to own one. But I think there is much more downside than upside buying in at $20k.

    Lets hear from YOU...
  • jcuve
    Moderator, Die & Variety Expert
    • Apr 2008
    • 15458

    #2
    The 1969-S DDO-001 is in its own way overrated. It has a story that no other coin can match, which is probably why the prices are so much higher than the 1970-S DDO-001. But it isn't really any stronger than 1972 DDO-001...and of course 1955 DDO-001 is far stronger. Rare, but the whole fake 1969 DDO - confiscating real 1969-S DDOs - that is what is driving the price. I don't see 1970-S ever commanding a comparable premium. I would think that if 1995-D DDO-003 and 2006 DDO-003 stay really rare, both could start to climb in price, but stay below the 1970-S.

    I think the most overrated Lincoln variety is 1972 DDO-004 (followed by the 1992 P&D CAMs for the reasons noted by Dennis in post #1). I would be ecstatic to find a die 004, but to pay $2k for a minor DDO...in AU58? Only die 005 is weaker. It's this notion of completing the set of the 9 classic '72 doubled dies tied in with the PCGS registry. I would like to complete the set, but seriously, that coin should only sell for $300 - it doesn't because deep-pocketed goofballs get into the mix and try and outbid one another. Die 004 will probably hold its value so long as someone doesn't find a roll or half roll of them. An EF to AU would see prices drop quickly if 20-30 BU red coins were in the market.

    Underrated is tough. There are a lot of proof doubled dies that would have had a mintage of 3000 and current population numbers under 200 that sell for rather reasonable amounts. Some can be cherried. A great number of dramatic class VI doubled dies can be had or found, potential there, they could see a nice rise in popularity and price. Some strong or exotic die clashes could see increased interest. Some of them may have had only a handful to a few hundred struck before the dies were polished.

    But being I am supposed to pick something specific, I will go with 2006 DDO-003 (1DO-017). Prices dropped after too many were sold on eBay, but the population still seems to be under 100. No indication that the die made it past EMDS. 2006 die 004 got more press and with so many 2006 DDOs, it remains unknown to many collectors. If it makes it into a printed CPG, Redbook and PCGS will likely follow and it should take off.



    Jason Cuvelier


    MadDieClashes.com - ErrorVariety.com
    TrailDies.com - Error-ref.com - Port.Cuvelier.org
    CONECA

    (images © Jason Cuvelier 2008-18)___________________

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    • WaterSport
      Paid Member

      • Nov 2010
      • 3292

      #3
      Agree with you $1000 % DCW. On all issues. You have to wonder how many more 1969 S DDO will have to be slabbed before the coin falls in value. And compared to a 70 S DDO -the 1969 S shows up 2-3 times a year at auction it seems.

      Now Jason I am one of those "goofballs" (albeit not deep pocket anymore) who paid $2000 for a 1972 Die # 4 and that was 5 years ago. Why? its is the rarest of those 1972 sub variety and I wanted a complete set (at that time). Note I do not have it any longer. The reason was two fold...a few more began to pop up and I had a chance to trade for a 1990 No S cent . So in my humble opinion, that 1990 No S is the most under rated and the 1992's are the most over rated.

      WS
      Last edited by WaterSport; 08-16-2012, 11:45 AM.

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      • jcuve
        Moderator, Die & Variety Expert
        • Apr 2008
        • 15458

        #4
        The 1990 no S is nice, I would trade for one if I thought I had something trade-worthy. What was the condition of your die 004? I didn't think the price hit that amount until more recently, like 3-4 years ago. Apparently I was incorrect.



        Jason Cuvelier


        MadDieClashes.com - ErrorVariety.com
        TrailDies.com - Error-ref.com - Port.Cuvelier.org
        CONECA

        (images © Jason Cuvelier 2008-18)___________________

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        • CoinHELP
          Member
          • May 2012
          • 102

          #5
          I think the 1955 DDO is overrated. It was the press that got this one going up in value and made the demand. There's more of these on the market than any other major DDO of it's type. It's the high end sales that are fueling the price levels and I wonder how long this can be sustained. A close second is the 1922 No D and all sub-varieties.

          Underrated is the 1990 No S cents for reasons stated above.
          CoinHELP! My website

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          • flyhi3
            Member
            • Mar 2012
            • 3702

            #6
            Most overrated? The 1922 "NO D" cent. It is just a stuck though or filled die, correct?

            Most underrated is 1990 S
            Alexander Helzel
            Ecrater eBay Facebook

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            • Maineman750
              Administrator

              • Apr 2011
              • 12079

              #7
              To be honest, I think we're all a bunch of nuts...going crazy over what amounts to damaged goods. If doubled dies were cars or houses, we'd be asking for a discount, not paying a premium
              https://www.ebay.com/sch/maineman750...75.m3561.l2562

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              • CoinHELP
                Member
                • May 2012
                • 102

                #8
                Originally posted by flyhi3
                Most overrated? The 1922 "NO D" cent. It is just a stuck though or filled die, correct?

                Most underrated is 1990 S
                No D is over-used and polished dies and no other cent is worth as much with polished or worn off numbers or letters.
                CoinHELP! My website

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                • coop
                  Member
                  • Jan 2012
                  • 2754

                  #9
                  Under rated cents I feel are the EDS examples. They are a small number compared with the later die states. They have so much more eye apeal and always take good images. (I guess they are photogenic.)
                  Richard S. Cooper Some have asked about my images I use, and I'm glad to say I've completed a DVD of these. Ask if you are interested. Newer members like these.

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                  • onecent1909
                    Wrong Design Die Expert
                    • Feb 2012
                    • 2597

                    #10
                    I know my answers are not going to be popular.. but that's why they are my answers

                    I will start with 1 of 2 underrated... 1988P-1DO-010 ....the 1984 double ear is listed in the redbook....I have personally held a 1969 s ddo and a few of you here have 1972 die 4...and 1970 s ....I know someone with a 1990 no s...I have booth a 1992 d cam and a 1955 ddo....I've only seen the 1988 die 10 on web pages and in books.....nicer spread than the 2006 and 1997 ears.. and a solid even spread compared to a 1984...but no love ..... what up with that?
                    # 2 of 2...yea I own it but that's not why....1992 p or d cam...yea 20k?...15K... what ever...I wouldn't pay the price...mine was less...this wasn't "are they overpriced"...just overrated...and until summer F.U.N. not that expensive...the person who spent the 24k on the p...working on the NGC modern 100 coin registry..the one buying the d...PCGS cent with rarities registry..and his is the most complete..but the coin is a transitional...name 4 coins that are transitional coins of the modern times......
                    1992 cent...1988 cent...1964 quarter...2008 american eagle ...which of these is the rarest...1992 p followed by 1992 d cams

                    overrated....All the 2009 ddr fingers....I know we don't have the big nice separations double dies any more except on some rare coins....and I have a few 09 finger ddr's... but I don't need 88 ddr's... for example see 2009P-1DR-058 on cc...I know I want to find and ID a ddo/ddr on a cent...but ??????? really.....way.. over done.....oh yea WAY overdone
                    Last edited by onecent1909; 08-16-2012, 04:12 PM.
                    Member: Florida State representative for the ANA, Florida state representative for CONECA, F.U.N. and the Ocala Coin Club

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                    • mustbebob
                      Lincoln Cent Variety Expert
                      • Jul 2008
                      • 12758

                      #11
                      for example see 2009P-1DR-058 on cc...I know I want to find and ID a ddo/ddr on a cent...but ??????? really.....way.. over done.....oh yea WAY overdone
                      OK Onecent1909.....I believe the question was which coins do you believe were over or under rated. It didn't ask which ones you personally saw, or held. I do not recall anywhere where it asked that you tell us which varieties were overdone or WAY overdone.

                      overrated....All the 2009 ddr fingers.
                      What is the rationale for that whole thing? I am sure the poor old 2009P-1DR-058 feels really bad now, just like I am sure there are many more on coppercoins that you, and others don't like seeing there. I gotta know though, in your mind, what makes the 2009 Doubled dies over rated? Is there a mad dash to get them? Are people spending tons of money on them? Are they difficult to obtain? I think you are missing the point here. They are listed by many clubs, but that does not make them over rated? Are you also saying that some of the major 2009 DDRs aren't worth listing? Just curious.

                      but I don't need 88 ddr's...
                      Pretty simple to fix this one though. If you don't want them, don't collect them. It doesn't mean we shouldn't list them, or that other folks aren't interested in them.
                      Last edited by mustbebob; 08-16-2012, 04:41 PM.
                      Bob Piazza
                      Former Lincoln Cent Attributer Coppercoins.com

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                      • simonm
                        Member
                        • Sep 2010
                        • 6398

                        #12
                        Originally posted by onecent1909
                        overrated....All the 2009 ddr fingers....
                        I just sold 13 BU examples of 1DR-021, a relatively minor variety, for a buck each. They are neither difficult to obtain, nor are they expensive. No one is making a mad dash for them. That's like saying all the 1960 RPMs are overrated. There are over 100 examples of each variety (1960 RPM and 2009 DDR), and there are plenty of RPMs that have a lesser degree of doubling than many of the 2009 DDRs. So does that mean that the 1960D RPMs are overrated as well? Gosh, I should stock up on them!
                        My old coin album.

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                        • flyhi3
                          Member
                          • Mar 2012
                          • 3702

                          #13
                          I must say, I forgot about the 88' Ear. That one is IMHO, is yes, way underrated. I personally love the 2009 DDR's, but I see where you are coming from....... however I don't think they are over rated.
                          Alexander Helzel
                          Ecrater eBay Facebook

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                          • jcuve
                            Moderator, Die & Variety Expert
                            • Apr 2008
                            • 15458

                            #14
                            Not to be a pill, but I don't see how 1988 DDO-003 can be overrated or underrated. There's only one example. No history yet. I saw it in person and photographed it. It is not as nice or as easy to see as the 1984 doubled ear. You could almost miss it if the light is coming from the wrong angle. I am not saying it isn't a significant find or it shouldn't be noteworthy, I just don't see how it can be underrated at this point in time.
                            Last edited by jcuve; 08-16-2012, 06:42 PM.



                            Jason Cuvelier


                            MadDieClashes.com - ErrorVariety.com
                            TrailDies.com - Error-ref.com - Port.Cuvelier.org
                            CONECA

                            (images © Jason Cuvelier 2008-18)___________________

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                            • kloccwork419
                              Banned
                              • Sep 2008
                              • 6800

                              #15
                              Lets see the pics jay. I think I only seen Billys

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