1960-D/D 1C Lg Date PCGS MS64RD RPM FS-502 RD Lincoln Cent rickscafeamerican |
A rare item, while the lg and sm dates are in abundance, only 197 PCGS graded 1960-D/Ds exist in the past 58 years, so pretty much sure most have been vetted out. However, to point out, this item is graded at MS64, so its domain is even smaller, i.e., only 87 are in existence.
BACKGROUND
In January 1960, the new coins came rolling out of the mints, as usual. The cents, however, had a minor problem: The last two digits in the date were smaller than normal, and the "0" had a doughnut-like appearance rather than the normal bicycle-tire look.
As a result, various die breaks and filled dies occurred, and before the end of the month, the Mint decided to remake the master dies, enlarging the last two digits to conform to earlier dates.
This resulted in an immediate scarcity: the small-date 1960 cent.
Only a few million of these small-date cents were released from the Philadelphia Mint, and several million from the Denver Mint. Likewise, the proof sets that were released in January were of the small-date variety; they, too, were quickly replaced with the large-date variety.
By June 1960, small-date cents were selling for up to $5 each, and small-date proof sets, which normally retailed for about $4 at the time, were selling for $25 or even more.
In addition, several sharp-eyed collectors discovered some rather unusual variants of these coins. In the proof sets, a rather remarkable 1960 small-date over large-date cent was discovered late in the year. By early 1961, this usual proof set was selling for well over $100. (The cent alone often brought that much.)
Further examination of the regular large-date proof sets revealed another remarkable variety: a 1960 large date over a small date. Such a variety had never previously been reported in the series, and this variety quickly rose to several hundred dollars.
In 2005, both varieties are in the $150 to $350 range, since they are very scarce and do not trade frequently at major auctions or in other trading media.
Adding to the special quality of 1960 cents, the "D" mint mark — which at the time was applied by hand to each working die — often showed doubling (referred to as "repunched mint mark" or RPM).
A specialty book edited by John Wiles, "The RPM Book," lists more than 100 varieties of 1960-D RPMs in both the small- and large-date format.
To add to the varieties of this date, several other doubled-die variations are known. The popular and relatively scarce doubled-die known as 1-0-III features a doubled date and RPM in which the first "D" is well above the second "D" and the digits in the date are clearly doubled, with the small "60" over the larger "60." These coins, in mint condition, sell for $100 to $200.
About 15 years ago, the mint mark on U.S. coins was incorporated in the master die and no longer applied by hand. Thus, RPMs in recent years' coins are nonexistent.
We accept payment by any of the following methods:
PayPal
Please pay as soon as possible after winning an auction, as that will allow us to post your item to you sooner!
We offer FREE shipping on orders over $100!
Your order will be dispatched within 1 working day of receiving payment (Monday-Friday) and you should expect to receive it one or two days after dispatch (for orders sent RM 1st Class).
In the very unlikely event that your item is lost or damaged during post, then WE are responsible and will issue either a full refund or replacement.
If you are not 100% satisfied with your purchase, you can return the product and get a full refund or exchange the product for another one, be it similar or not.
You can return a product for up to 14 days from the date you purchased it.
Any product you return must be in the same condition you received it and in the original packaging. Please keep the receipt.
1960-D/D 1C Lg Date PCGS MS64RD RPM FS-502 RD Lincoln Cent rickscafeamerican |
A rare item, while the lg and sm dates are in abundance, only 197 PCGS graded 1960-D/Ds exist in the past 58 years, so pretty much sure most have been vetted out. However, to point out, this item is graded at MS64, so its domain is even smaller, i.e., only 87 are in existence.
BACKGROUND
In January 1960, the new coins came rolling out of the mints, as usual. The cents, however, had a minor problem: The last two digits in the date were smaller than normal, and the "0" had a doughnut-like appearance rather than the normal bicycle-tire look.
As a result, various die breaks and filled dies occurred, and before the end of the month, the Mint decided to remake the master dies, enlarging the last two digits to conform to earlier dates.
This resulted in an immediate scarcity: the small-date 1960 cent.
Only a few million of these small-date cents were released from the Philadelphia Mint, and several million from the Denver Mint. Likewise, the proof sets that were released in January were of the small-date variety; they, too, were quickly replaced with the large-date variety.
By June 1960, small-date cents were selling for up to $5 each, and small-date proof sets, which normally retailed for about $4 at the time, were selling for $25 or even more.
In addition, several sharp-eyed collectors discovered some rather unusual variants of these coins. In the proof sets, a rather remarkable 1960 small-date over large-date cent was discovered late in the year. By early 1961, this usual proof set was selling for well over $100. (The cent alone often brought that much.)
Further examination of the regular large-date proof sets revealed another remarkable variety: a 1960 large date over a small date. Such a variety had never previously been reported in the series, and this variety quickly rose to several hundred dollars.
In 2005, both varieties are in the $150 to $350 range, since they are very scarce and do not trade frequently at major auctions or in other trading media.
Adding to the special quality of 1960 cents, the "D" mint mark — which at the time was applied by hand to each working die — often showed doubling (referred to as "repunched mint mark" or RPM).
A specialty book edited by John Wiles, "The RPM Book," lists more than 100 varieties of 1960-D RPMs in both the small- and large-date format.
To add to the varieties of this date, several other doubled-die variations are known. The popular and relatively scarce doubled-die known as 1-0-III features a doubled date and RPM in which the first "D" is well above the second "D" and the digits in the date are clearly doubled, with the small "60" over the larger "60." These coins, in mint condition, sell for $100 to $200.
About 15 years ago, the mint mark on U.S. coins was incorporated in the master die and no longer applied by hand. Thus, RPMs in recent years' coins are nonexistent.
We accept payment by any of the following methods:
PayPal
Please pay as soon as possible after winning an auction, as that will allow us to post your item to you sooner!
We offer FREE shipping on orders over $100!
Your order will be dispatched within 1 working day of receiving payment (Monday-Friday) and you should expect to receive it one or two days after dispatch (for orders sent RM 1st Class).
In the very unlikely event that your item is lost or damaged during post, then WE are responsible and will issue either a full refund or replacement.
If you are not 100% satisfied with your purchase, you can return the product and get a full refund or exchange the product for another one, be it similar or not.
You can return a product for up to 14 days from the date you purchased it.
Any product you return must be in the same condition you received it and in the original packaging. Please keep the receipt.