Interesting Coin | Reeded edge on the Bay

[duece2seven]

I thought this one should make for an interesting conversation.

Link:

Look at this on eBay http://www.ebay.com/itm/291797437543

[jfines69]

That is interesting... I do not see any reeding on the edges tho... Just along the north half of the rim... it tapers off as it reaches the west and east edges... Also the letters of IGWT and L of LIBERTY are flattened... Looks like a dime was pressed into that area??? Could also be a bag ding but I do not think it was a mint error???

[willbrooks]

Some poor ignorant soul just paid $44 for a damaged cent. This coin used to be encased in a decorative bezel which damaged the rim.

Encased Cent (Ex-encased Cent): A cent that was once kept in a bezel as a piece of jewelry or “lucky” cent. Many of these ex-encased cents will exhibit damage in the form of a flattened rim from the bezel they were in. Pictures courtesy of forum member mrmike916.



Bezel: A (usually) metal holder used in jewelry to hold a disc-shaped object such as a coin or medallion. These often will cause permanent damage to the rim of the coin when tightened down around the coin. When these coins are released from their bezels, their rims will exhibit this damage. See also Encased Cent. Photos courtesy of forum member mrmike916.


I see the coin already sold, but I sent the seller a message anyway so hopefully he won't make this same mistake again.

[duece2seven]

What's crazy to me is the thought that some of these sellers might actually believe they are selling a legit error. I have also seen numerous occasions where the seller admits they aren't sure what they have and people STILL bid it up! I honestly don't think this will likely ever end on eBay, though. I think the sheer number of these lots is simply too high for eBay to enforce.