My 1924 US Penny with " P " on the back!

Discussion in 'What's it Worth' started by Mirza Beck, Aug 15, 2011.

  1. Mirza Beck

    Mirza Beck Member

    Thanks for your Feedback! Some coins do hold a sentimental value to any coin hunter no matter how odd
    or rusty coming out from a rare time in US history! I did not clean the previous coin.I did see it on Aution sites listed in 4figures ofcourse in near mint condition.Here,now...is my 1924 Penny.
    1.It has Error on 9 1924.
    2.On the Back I see a Mystery " P " printed below between the Wheat Ears! ? Why?
    3.On the Back AMERICA has another E under the E and a shadow of another America!?
    4.Overall coin featuers seem DEEP,unlike another one from this era which are Shallow due to wear and tear.Is this the only 1924 with a P on the back? Confirm please...have you heard about such a letter on the back? Is P for Philidelphia?

    Friends... Experts,could this be a DOUBLE DYE or something? Your Feedback,input and critiques are Appreciated.God Bless America!
     

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  3. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    Unfortunately those pictures are not going to get an honest answer because they are too small to see the things you are talking about.
     
  4. jloring

    jloring Senior Citizen

    Matt won't go out on a limb, but I will. What you have there is just a beat up '24 Lincoln with some PMD that gives the illusion of 'errors' that weren't there when the coin left the mint. Trust me on this.
     
  5. rlm's cents

    rlm's cents Numismatist

    I blew your pictures up. I did manage to see your 9. What you are seeing there is PMD (Post Mint Damage). It, if anything, reduces the value of the coin. I could not find anything about the "P" or "E" that you were referring to.
     
  6. Kasia

    Kasia Got my learning hat on

    Coin is PMD and worn

    I blew up the reverse of the coin, and what you are talking about is simply PMD and worn coin which allows imagination to "see" those things. Sometimes wear on a coin will cause strange "effects", all of which are Post Mint Damage, and not on the coin when it came out of the Mint. Coin has no value over any other of same year, and this one may be valued (same as any other in good condition) at about 20 cents. There were 75 million plus made like it, so it's unlikely that someone would want to purchase a G4 or even an VG8 of this year when the dividing line (big jump, relatively) in price is between the EF-40 and AU-50 (according to my 2009 Red book) which gives a jump in price from 70 cents to 4 dollars for a 1924 Wheat Cent.

    My suggestion is to get a current or near-current red book and read it. It will be very helpful in knowing what you have. Also get a good loupe that is 5 or 7 power to be looking at the coin as well (Not a cheap one, which generally, IMO, do not provide good enough optics to be able to verify what errors are there). Some errors also require a higher power one, of 14 to 20 and a hastings triplet is a good choice, if made by a quality manufacturer.
    The Philadelphia mint never put any P mintmarks on the cents, so NO Wheat Cent will have a P mintmark anywhere on it. Also buy a book or two on error coins and start looking at what constitutes hub doubled errors that are valuable. There are MANY forms of apparent doubling (not doubled dies) that are simply not a value at all. It is the true Doubled Die that is the value in this hobby, where the actual die making the coin had the doubled image on it.
     
  7. Hobo

    Hobo Squirrel Hater

    Cents struck in Philadelphia do not have a mintmark, even those struck 1980 and later.
     
  8. Kasia

    Kasia Got my learning hat on

    You're right

    Thanks, I was wrong. The CENT does not have a P mintmark. Other denominations of coinage can.
     
  9. Mirza Beck

    Mirza Beck Member

    I SEE a " P " Printed Between the Wheat Ears where there is the VDM for the 1909
    everyday even with a magnifying Glass in my Hand! I you disagree..its OK I see that
    and you are anyone else has the right to see anything they want to believe! But...
    thanks for one thing! That the Philideliphia MINT never printed a P there...thats what I wanted to hear!! God Bless...I will...for sure send the pic to the MINT itself before I will rest this issue...! God Bless and many Thanks for your comments.
     
  10. vdbpenny1995

    vdbpenny1995 Well-Known Member

    Its VDB not "VDM" on the 1909 pennies..... You have brought great shame to my name Mirza.
     
  11. Kasia

    Kasia Got my learning hat on

    Go for it, Mirza - More power to you!
     
  12. BUncirculated

    BUncirculated Well-Known Member

    Considering the thread that Mirza started concerning a 1966 red penny(red from some kind of ink on it), this it not much to wet yer grundies over.
     
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