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What is a true "No FG" ?

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  • What is a true "No FG" ?

    I broke open a bag of 1969-D BU Lincoln cents last year and I found quite a few of these coins.

    The Cherry Pickers Guide 5th Edition Vol I (now the older Volume - 6th Edition is out) on page 137 shows this variety and what I believe is crazy pricing.

    The coins I have with this issue are all BU, out of a bag. The Bonus with this coin is that all of the one I found with a suspect No FG also have a floating roof.


    I personally think these aren't worth more than a dime a piece, but the CP guide says otherwise.

    So, when DOES a coin "qualify" for the No FG ?
    Does it qualify if the die has been polished and it becomes a LDS coin ?
    Does the FG never exist on the Lincoln (or other denomination coin) what so ever ?

    I randomly plucked one of these out of a roll ( yes I have rolls of these - probably 15+) so either I hit the jackpot, or some one made a huge mistake by putting the 1969-D No FG in the CP guide and inflating the prices.

    Again, I hardly believe one of these can go for 35 bucks a pop.

    Without further delay, here are some photos

    http://www.minterrors.org/wp-content...5/10/no-fg.jpg

    http://www.minterrors.org/wp-content.../floater-2.jpg

    http://www.minterrors.org/wp-content.../floater-1.jpg

    http://www.minterrors.org/wp-content...0/DSC07289.jpg
    Gary Kozera
    Website: https://MintErrors.org

  • #2
    Did you find any in mint state .
    Thats one beat up die there ...

    Comment


    • #3
      Its one of many that came out of that bag. It was a Mint sewn bag of BU cents. Most are probably from that LDS die. I never thought to break them out and see if there are any from another die.

      These are probably weak strikes, thus the floating building and with a polished out FG, it wants to qualify as a "No FG".

      EDIT: Ok, I have attached another link for six I pulled out of the same roll (plus original shot - far left) . I think I can see 2 faint FG's in the mix, but the others are nearly nil in that regards. All of them have the floating building roof though.

      http://www.minterrors.org/wp-content...0/DSC07290.jpg
      Last edited by MintErrors; 10-17-2015, 09:03 AM.
      Gary Kozera
      Website: https://MintErrors.org

      Comment


      • #4
        These have sold for some pretty hefty prices in the past based on them being listed in CPG. I've also seen it on quite a few want lists. Now that it has been relegated to the Appendix (I assume), it will probably drop in value. It should have never been listed in CPG in the first place as it is a minor variety worth much less.
        Ken Potter
        CONECA Public Relations
        Member of: CONECA-HLM, ANA-LM, MSNS-HLM, NWDCC, CSNS, NLG, IASAC, Fly-In
        Visit my website: http://koinpro.tripod.com
        Visit CONECA's Website
        Unless otherwise noted, images are by Ken Potter and copyright Ken Potter 2015.


        CONECA Notice: Any individual is encouraged to submit articles, opinions, or any other material beneficial to the numismatic community. Contributions should not be libelous or slanderous; ethics and good taste shall be adhered to. Opinions expressed herein do not necessarily represent the official CONECA policy or those of its officers. The act of submitting material shall constitute an expressed warranty by the contributor that the material is original; if not, source and permission must be provided.

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        • #5
          That's exactly what I was thinking all along. Sure I can see a few bucks for one of these, but hey, that's ok with me. I have 15 complete rolls of these I pulled out of that bag. That's a boatload.
          Gary Kozera
          Website: https://MintErrors.org

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