Kevine84 Posted June 17, 2021 Share Posted June 17, 2021 Hi Thanks in advance for help and comments. I had PCGS grade this penny and I assumed the attribute grading service would have included the error condition for the coin. My bad. This is nicely graded coin and the BIE error should add value, although I can't get a handle on how much it ill add. Can anyone educate me so I can get a better value? Tell me the value and how to check? Anything? Kevin Link to comment Share on other sites More sharing options...
Jason Abshier Posted June 17, 2021 Share Posted June 17, 2021 The BIE is a variety I think grading companies don’t bother listing it on slab cause it’s common variety on Lincoln wheat cent through the years Link to comment Share on other sites More sharing options...
Kevine84 Posted June 17, 2021 Author Share Posted June 17, 2021 3 minutes ago, Jason Abshier said: The BIE is a variety I think grading companies don’t bother listing it on slab cause it’s common variety on Lincoln wheat cent through the years I see. Do you know how or where I can find values for these? I see them on the web and they saeem to be abler to significantly affect pricing. Link to comment Share on other sites More sharing options...
Mactanboy Posted June 17, 2021 Share Posted June 17, 2021 Not a US penny specialist, but most third party graders expect you to list the variety you have and PAY for their documenting the variety. Check PCGS and NGC pricing list for attribution services. Link to comment Share on other sites More sharing options...
Kevine84 Posted June 17, 2021 Author Share Posted June 17, 2021 11 minutes ago, Mactanboy said: Not a US penny specialist, but most third party graders expect you to list the variety you have and PAY for their documenting the variety. Check PCGS and NGC pricing list for attribution services. I did pay for it Link to comment Share on other sites More sharing options...
Kevine84 Posted June 17, 2021 Author Share Posted June 17, 2021 2 minutes ago, Kevine84 said: I did pay for it But the real question is value? How do you determine that with the Grade the BIE is obvious enough to anyone Link to comment Share on other sites More sharing options...
RWB Posted June 17, 2021 Share Posted June 17, 2021 (edited) BIE die breaks were popular 60 years ago, but largely forgotten today. Too many of them and little interest. TPGs charge a separate fee for variety attribution, but Not sure if BIEs are included any longer. In any event you have, at best, a $2 coin in a $35 holder. (The gash behind the bust removes any realistic "MS-66" grade. Value is MS-64 at best....just an opinion.) The coin also changed from 1954-S to 1955-S so that's quite an "error." Edited June 18, 2021 by RWB JT2 1 Link to comment Share on other sites More sharing options...
Woods020 Posted June 17, 2021 Share Posted June 17, 2021 (edited) 10 minutes ago, Kevine84 said: But the real question is value? How do you determine that with the Grade the BIE is obvious enough to anyone While interesting it boils down to a die break, and doesn’t add much value if any. Interestingly there are over 1500 known “bie” errors on cents mostly occurring in the 1950s. Cool to look at but not value additive. Certainly not worth error attribution fees. Edited June 17, 2021 by Woods020 Link to comment Share on other sites More sharing options...
Kevine84 Posted June 17, 2021 Author Share Posted June 17, 2021 26 minutes ago, Woods020 said: While interesting it boils down to a die break, and doesn’t add much value if any. Interestingly there are over 1500 known “bie” errors on cents mostly occurring in the 1950s. Cool to look at but not value additive. Certainly not worth error attribution fees. Yes, but I did not know that just starting. Its one thing to find that this is not a value add - but when the base grading is even torn down to nothing too its really sad. Not sure what you can rely on. Pay extra, you're stupid. Trust a slab grade you're an insufficiently_thoughtful_person. Makes we wanna fire up the smelter somedays. Link to comment Share on other sites More sharing options...
Woods020 Posted June 17, 2021 Share Posted June 17, 2021 5 minutes ago, Kevine84 said: Yes, but I did not know that just starting. Its one thing to find that this is not a value add - but when the base grading is even torn down to nothing too its really sad. Not sure what you can rely on. Pay extra, you're stupid. Trust a slab grade you're an insufficiently_thoughtful_person. Makes we wanna fire up the smelter somedays. Don’t be discouraged. The best advice I can give is to study before you buy. And be in no hurry to submit for grading. Coins aren’t going anywhere. Learn as much as you can then buy. Grading is largely subjective by the way. Many people will have slightly different opinions within one or two grades. It’s just par for the course. 3 graders at PCGS felt it was a 66. Others think a 64. It happens don’t be bothered by it. Crawtomatic 1 Link to comment Share on other sites More sharing options...
Woods020 Posted June 17, 2021 Share Posted June 17, 2021 Also if you have questions such as is this worth grading, does this have a variety, etc. feel free to post pictures on here and ask before you spend any money. Some very knowledgeable members here are always happy to help. Link to comment Share on other sites More sharing options...
Member: Seasoned Veteran DWLange Posted June 17, 2021 Member: Seasoned Veteran Share Posted June 17, 2021 BIE breaks are too common on cents from the 1950s to be noted by NGC. They're fun but add very little value. Link to comment Share on other sites More sharing options...
Jason Abshier Posted June 17, 2021 Share Posted June 17, 2021 3 hours ago, Kevine84 said: I see. Do you know how or where I can find values for these? I see them on the web and they saeem to be abler to significantly affect pricing. I believe there is “no real value” specifically for BIE variety cents it’s more of error coin market there really no hardcore market value to determine or to decide what real price should be you can look at some of BIE cents get idea what they “maybe selling for” doesn’t mean “who buying them at that price” I see a lot BIE cents with odd prices , they are just sit there until someone willing to pay that price or haggle the price down to buy it if they want it badly enough … The BIE cents are not no where near caliber of a more popular 1955 double die cent or 1972 double die cent , or 3 legged Buffalo five cent , 1942/41 mercury dimes those coins are more appreciated among collectors they bring nicer handsome premium gives a more solid price range on the market. if you like them , then enjoy hunting down all odd year “BIE” Cents you can find don’t worry about price point , set your goals on what you can find , price point I can’t really help you there I never see any solid market price guides or anything specifically for “BIE” cents or other odd die struck errors Link to comment Share on other sites More sharing options...
Conder101 Posted June 18, 2021 Share Posted June 18, 2021 Grading fee gets you grading, attribution is a separate fee the get you variety attribution. Mint error is yet another, higher fee that gets significant mint errors identified. But if you pay the fee and it is just a minor error they don't list it and you don't get the fee back. A "BIE" is just a die chip and would not be listed. As far as extra value, if you can find someone who likes them maybe an extra dollar or two. Link to comment Share on other sites More sharing options...
Member: Seasoned Veteran DWLange Posted June 22, 2021 Member: Seasoned Veteran Share Posted June 22, 2021 UPDATE: I spoke with NGC's mint error attributor, and he says that we now do BIE and similar breaks under Mint Error service (not VarietyPlus). We won't use the term BIE but will label them as Minor Die Break. Crawtomatic 1 Link to comment Share on other sites More sharing options...
RWB Posted June 22, 2021 Share Posted June 22, 2021 Ahhh...good to know -- kind of like a new acronym for "UFO." Link to comment Share on other sites More sharing options...
Conder101 Posted June 23, 2021 Share Posted June 23, 2021 OK so they do label them now under Mint Error as Minor Die Break. It is still an extra $15 for something that might add $1 or so to the value. JT2 1 Link to comment Share on other sites More sharing options...
JT2 Posted June 23, 2021 Share Posted June 23, 2021 On 6/17/2021 at 3:12 PM, RWB said: removes any realistic "MS-66" grade. Been saying that for years about those clear plastic holder people........................... Link to comment Share on other sites More sharing options...