Coin collectors are always on the lookout for rare and valuable coins, and sometimes, an unexpected find can turn into a treasure. One such discovery happened when Johnny Bowen, a coin collector, came across a rare Lincoln Memorial Cent error in a 1980 United States Proof Set.
This rotated die error has sparked considerable interest within the numismatic community. Bowen’s find, which includes a 1980-S Lincoln Cent, is a prime example of how even minor flaws in coin production can increase a coin’s value significantly.
In this article, we’ll delve into the details of this discovery, explain the nature of the error, and explore what makes this coin special for collectors.
What is a Rotated Die Error?
Before we discuss Bowen’s specific discovery, let’s first explain what a rotated die error is. Coin errors can occur when the dies used to strike the coins are not aligned properly.
Under normal circumstances, when a coin is struck, the obverse (heads side) is mounted right-side up, while the reverse (tails side) is upside down.
However, when the die for the reverse side is not aligned correctly, it results in a rotated die error, which means the reverse image is rotated on the coin.
The most extreme form of this misalignment is a 180-degree rotation, where the reverse is flipped completely upside down. In Bowen’s case, the reverse die was rotated by 140 degrees clockwise, which creates a noticeable error on the coin. This type of error is rare, and collectors highly value such unique finds.
Details of the 1980-S Lincoln Memorial Cent Proof Set Error
The 1980-S Lincoln Cent Proof was part of the 1980 U.S. Proof Set, which included a total of 3,554,806 coins. These Proof sets were sold directly from the U.S. Mint and are highly sought after by collectors.
Bowen, who had purchased his Proof Set 44 years ago, noticed the error on the Lincoln Memorial Cent when he examined it closely. The misaligned die resulted in the reverse side being rotated by 140 degrees.
Bowen sent the coin to CACG for grading, where it was confirmed as a CAC PR67RD CAM (Proof 67 Red Cameo). The coin was graded highly, with a slight softness on the frost of the lettering, which prevented it from receiving the Deep Cameo designation.
Despite this, the coin’s status as a Mint error made it a rare and valuable find for collectors.
Market Value and Rarity of Rotated Die Errors
The market value of coins with rotated die errors can vary significantly depending on their rarity, the severity of the error, and their grade. Most Proof rotated die errors are worth between $150 to $500, but rare specimens can command prices as high as $1,000.
Bowen’s 1980-S Lincoln Cent Proof with the rotated die is one of these rarer pieces, and its value has been estimated to range between $250 and $1,000 depending on its final grade and condition.
Key Details of the Coin
| Feature | Details |
|---|---|
| Coin Type | Lincoln Memorial Cent |
| Year of Issue | 1980 |
| Mintmark | S (San Francisco Mint) |
| Total Mintage | 3,554,806 |
| Error Type | Rotated Die Error |
| Rotation | 140 degrees clockwise |
| Grading | CAC PR67RD CAM |
| Value Range | $250 – $1,000 |
What Did Bowen Do with His Coin?
After receiving confirmation of the coin’s error, Bowen decided to pursue its sale. He was in touch with a number of dealers specializing in mint errors, and eventually, he connected with Jon Sullivan of Sullivan Numismatics.
Sullivan noted that rotated die errors are rare, especially in Proof coins, and often sell for $150 to $500, with some of the most valuable pieces reaching up to $1,000.
Bowen’s coin, given its high grade and the notoriety of the error, is expected to attract interest from collectors looking for unique and rare items for their collections.
Conclusion
The 1980-S Lincoln Memorial Cent Proof with a rotated die error is a highly collectible coin with significant value for numismatists. Bowen’s discovery showcases how an error coin can attract attention and fetch a premium in the collector market.
For those with a keen eye and a collection of Proof coins, this example serves as a reminder of the importance of thoroughly examining your coins for potential errors.
FAQs
1. What is a rotated die error in coin collecting?
A rotated die error occurs when the reverse die is improperly aligned, resulting in a coin where the reverse design is rotated relative to the obverse.
2. How much is a 1980-S Lincoln Memorial Cent with a rotated die worth?
Depending on its condition and grade, a rotated die error coin like this can be worth anywhere from $250 to $1,000.
3. What does CAC PR67RD CAM mean?
CAC PR67RD CAM refers to the coin’s grade (Proof 67 Red), its Red designation (indicating a high degree of luster), and Cameo contrast (indicating strong contrast between the frosted design and the mirrored background).
4. How rare is a rotated die error on a Proof coin?
Rotated die errors on Proof coins are considered rare and are highly sought after by collectors due to their scarcity and unique nature.
5. What should I do if I find a coin with a possible error?
If you suspect your coin has an error, it’s recommended to have it graded by a professional service, such as PCGS, NGC, or CAC, to confirm the error and assess its value.
