"Poor Man" 1955 goes for $119.50 SAY WHAT?

[coulsonmd]

http://www.ebay.com/itm/282044658284?_trksid=p2055119.m1438.l2649&ssPageName=STRK%3AMEBIDX%3AIT

UNBELIEVABLE!!!

[WaterSport]

Either a lot of shill bidding or a good ole tinkle contest we all wish we would have when we list things on Ebay. Oh well. sorry for the winner.

WS

[GrumpyEd]

Ebay is like that, silly stuff can sell high and good stuff can go cheap.

The seller listed it as:
1955 DOUBLE DIE LINCOLN WHEAT CENT FROM PENNY COLLECTION 55 DDO

Then in the description it's a poor mans DDO but worth a lot because it has a crack and doubling shows on the I and the date and in high grade.
I'd call that a 50 cent coin but it did sell for over $119.

I don't like the listing as a DDO or the hype but the buyer could have read it and looked it up if they cared about their money.

Stuff like that leaves me saying hm?

[jfines69]

In the description below the header portion it says poor mans DDO... I still don't like the misleading header tho... The seller did not acknowledge the Spike, IDB or what appears to be a huge RIDB on the head... Just cracks!!!

[duece2seven]

I saw this one last night and almost posted it myself! 53 bids! That's exceptional even with shill bids. With bids like this I'm beginning to think maybe I'm the "sucker". I threw at least ten coins with more cracks and "doubling" than this one in the cull bin last week!

[mrmike916]

Definitely a shame if the seller is hyping it up and knows it. Posibly the seller and buyer have equal little knowlege about the coin. With pics this good and that many bids, I have to assume the buyer can see what they are getting and will be happy with the coin. Would we be happy, heak no. Would we have bid, heak no! Should we take his happiness away from him, heak no!! Lots of mixed feeling when I see these!

[jallengomez]

Since its earliest days of being marketed by coin dealers back in the late 50's, this coin has been called "The poor man's double[sic] die" and when I list these on Ebay, I also use that term since that's what the coin is known as. However, I'm always careful to explain what is truly going on with the coin and how it's different from a doubleD die. It's unfortunate that the seller in this case doesn't have all the knowledge about the coin, but hopefully the buyer is happy with this unc example.

[jallengomez]

One has to remember probably 9 out of 10 dealers probably can't tell you what's going on with this coin. If you Google "1955 poor man's double die" this is the first listing that comes up and it was written by a professed numismatist-

https://coins.thefuntimesguide.com/2011/07/1955-poor-mans-doubled-die-penny.php

[willbrooks]

One has to remember probably 9 out of 10 dealers probably can't tell you what's going on with this coin. If you Google "1955 poor man's double die" this is the first listing that comes up and it was written by a professed numismatist-

https://coins.thefuntimesguide.com/2011/07/1955-poor-mans-doubled-die-penny.php

Someone who is on social media should post a message to him that the information he is imparting is incorrect.

[duece2seven]

Someone who is on social media should post a message to him that the information he is imparting is incorrect.

Kookoox10 aka. BlueRidgeSilverHound on YouTube posted this today:

https://youtu.be/ySNdVDHQp-s

[kookoox10]

I felt the need to drive some awareness. Too many new collectors come to the hobby all the time. The importance of not driving them away with false listings of these types of non-errors is too paramount for the future of not only variety/error collecting, but the overall hobby in general.

[jallengomez]

Someone who is on social media should post a message to him that the information he is imparting is incorrect.

I wrote a response, but it's still awaiting approval.

[BadThad]

Whoa....that's insane. I is a pretty neat $2 coin due to the die cracks/issues on the obverse but that's about it.