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i to believe this is machine doubling as well but even though it is machine doubling, i would not toss it away as there are many collectors that collect these, some of the 69-s cents have some very extreme machine doubling on them. The stronger the machine doubling is, the more they are worth, i have personally seen coins with strong machine doubling sell well, so hang on to it but as far as a double die, this coin is not it. cool find though.
Truth of the matter regarding machine doubling is that it is very common, and anyone who pays a premium for it either does not understand that it is not a variety or simply doesn't care. Most of the "purchasers" of such coins are novices who really don't get that machine doubling and doubled dies are inherently two completely different things. Most of the 'collectors' who keep stuff like this are looking for die varieties, and when they find out how difficult it can be to locate a true die variety, they feel like they 'need' to be holding onto something, so they keep machine doubling instead.
For every true hub doubled die I have found in my 30+ years of hunting through coins, I could have pulled out 100 or more examples of machine doubling. But alas, I didn't, unless I was mistakenly identifying machine doubling as a doubled die, which ceased around my fifth year into hunting. It took longer back then to realize the difference because all we had back then were poorly illustrated books - no internet, no digital cameras, none of the modern gadgets we have now.
Basically, what I'm saying is this...spread the news that people collect machine doubling, and novices will follow suit. Spread the news that machine doubling is actually common and isn't worth anything, and the novices will follow suit. I personally would rather see people have smaller, manageable collections that actually have market value than collect thousands of coins that will never sell. But hey...that's just me.
Charles D. Daughtrey, NLG, Author, "Looking Through Lincoln Cents"
[URL="http://www.coppercoins.com/"]http://www.coppercoins.com[/URL]
This all reminds me too that (as we all know) there are too many eBay sellers out there that pass off the MD's as Doubled Dies! I reported a couple last nite, and when I contacted one seller about it, he replied back, "I have nowhere on the listing where it says "Doubled Die", obviously trying to take advantage of novice buyers with his false advertising. Yes, it did say 'DDO' in the title of the listing, (thus the reported item). And I, like all of you, get so frustrated that this is happening!
Like Chuck says, MD is very common, and a novice can collect them if they 'look cool', but they seriously are valueless. And they should never be 'pawned off' as a Doubled Die.
All I have to add is that I have seen dozens of so-called "error collections" in the past - many of which were valid errors and die varieties that I ended up purchasing from one dealer or another. Most of them were side collections of a deceased coin collector, and the varieties were something the dealer wasn't necessarily after, so they would call me to offer on that part of the deal.
More than a half dozen times, I have seen "error" collections where the supplies used to house the coins were literally worth more than the coins themselves, because the collector spent countless hours placing die chips, die cracks, and machine doubling into 4 cent flips and $2 pages thinking there would be some merit to the collection if they 'organized' it. The heir to the collector was left in befuddled amazement that their loved one would spend the time and money to house worthless coins.
In some cases I bought the collections at a little over face value for the few interesting coins in the lot that were worth a dollar as educational pieces to use in teaching others, but in most cases I simply passed because I either knew it would offend the heir (who always thought they were sitting on a gold mine) or the task of removing the coins from the holders was simply more work than buying a pile of change was worth to me.
It's sad that people impress beginners into believing that all this common junk they find in their change is actually 'collectible' - I have seen in a number of proven cases that there is no market for the stuff, there is no 'value' in collecting it, and there is no "nice find" in a die crack...they are simply what they are. Maybe a curiosity, maybe something worth saving for education, but certainly not 'collectible' in the sense that it has value to anyone else.
I, for one, have been exposed to enough cases in the marketplace where someone is trying to get their grandfather's collection or their uncle's hoard sold off and find out that what they collected was off-base and that they never really understood coin collecting. If they did, and collected this stuff on purpose, they certainly never alerted their heirs to the fact that they were only doing it for fun and that it had no real value.
As collectors, we have a responsibility to let our heirs know ahead of time what we have, what kind of REAL value it has, and not to expect "book" value for anything from a dealer. As message board participants, we have a responsibility to report realism to new collectors who have come here looking for educated answers. If they have junk, they need to know it. Skip the beating around the bush about it, just say it.
Dude, your coin is common machine doubling and has no market value. It's not that hard to do.
Charles D. Daughtrey, NLG, Author, "Looking Through Lincoln Cents"
[URL="http://www.coppercoins.com/"]http://www.coppercoins.com[/URL]
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