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1983 Lincoln Memorial Cent With A Dropped Letter?

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Member
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 Posted 08/31/2007  09:28 am  Show Profile   Bookmark this reply Add amac44 to your friends list
thanks folks!!
Bedrock of the Community
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 Posted 09/01/2007  10:18 am  Show Profile   Bookmark this reply Add just carl to your friends list
At the many coin shows I attend, errors like that go for about $1 to $3 each so saying no value is not quite correct.
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 Posted 09/01/2007  10:35 am  Show Profile   Bookmark this reply Add amac44 to your friends list
thanks just carl I also go to many show big and small and see coins like this selling for $1-5.00



Coppercoins I never said U where wrong!
Edited by amac44
09/02/2007 09:06 am
Bedrock of the Community
United States
14454 Posts
 Posted 09/01/2007  12:21 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
you see people buying them or you see them in dealers inventories? that is two very different things

Edit: I just thought, it really doesn't matter, I have seen many fools buy stuff on ebay thinking it was something special for crazy amounts of money when in fact it was worth face value or less to someone that actually knows what they are looking at
Edited by Bryan1315
09/01/2007 12:23 pm
Pillar of the Community
United States
7629 Posts
 Posted 09/01/2007  1:33 pm  Show Profile   Bookmark this reply Add coppercoins to your friends list
Exactly what Bryan said. If you actually dig through a large number of coins you will see this on a regular basis. Saying it has no value IS correct...because that's the truth. Whether it is sold by the unknowing to the unknowing makes no difference at all, at whatever price. I have never kept stuff like this or I would have roll after roll right now. I have better things to do, and when I see something over and over and over again, I have the common sense to assume it's probably common and of no value. I keep what has value and toss back the rest, and these have always been included in the toss-back stuff.

This is just another case of something that someone didn't understand and found a buyer that didn't understand either. A case of a dealer (and most know little to nothing about errors, especially minor ones) finding something a little odd and sticking it into a flip to sell it to the first sucker that comes along...and it shows up here as a statement that people who study this stuff every day of their life might be wrong because this dealer had some for sale. Yeah...I see this stuff for sale at shows all the time, and it usually prompts me to move on to another dealer's table because this one doesn't take the time or energy to educate themselves in their own business. They are uneducated at what they are selling, and that's someone I don't need to be doing business with.

I am actually becoming a bit peeved at the attitude that resonates here regularly. You find something after looking through a few coins, think you might have hit the jackpot, and don't want to listen to people who have studied it for years when they tell you the stuff you have found is normal, wouldn't bring a premium value to anyone who knows squat about the subject, and that's all there is to it. You want to create value out of nothing and not bother listening to people who spend thousands of hours and dollars per year traveling the country to attend shows, educating clubs, writing books, talking with book authors personally, and going through tens of thousands of coins looking for what's valuable. You would rather trust someone you have no clue who they are, what they do, and list anything they have in their pocket on ebay with no sound credentials and no knowledge of what they do or don't have. Just because it sells on ebay doesn't make it valuable. I went through that a couple of weeks ago, and it's falling on deaf ears.

Do what you want, have fun at it....let's not bother with ethics, education, value, true rarity, or anything else. Let's just take all the damaged crap and microscopic die cracks and blindly assume they are something they aren't without cracking a single book; without listening to the education of others who bothered to learn. Believe what you want, but don't expect to keep coming here having people who are busy educating those who listen waste their time arguing with you about the value of a valueless coin. I'm finished wasting my time. I cannot help here any more with current attitudes. I'm not always right about everything, so when I'm not right about something posted here, I don't post. If I don't know for sure, I don't give answers like I do know. End of story.

This has gone beyond the point of people learning through sharing. It has become a place for people who don't want to learn post everything they think could possibly be their windfall. It has become a place where the exact same questions are answered day in and day out in an educated manner, just to have the same question come back again the next day as if that question had never been asked. Two or three threads a day started on the same subject...often even the same date, mint, and denomination that have the same common problem. This place is FULL of threads of the same questions, same answers...and the same argumentative attitudes that show a lack of willingness to learn and be educated.

Get this through if nothing else...errors that are valuable - die varieties that are valuable - are valuable BECAUSE they are very difficult to find, don't show up in every box of coins, and have some sort of true rarity. ALL of them have tell-tale signs that they are real, and it's not rocket science to learn those signs. This subject is actually VERY simple if you take the time to learn the minting process, learn the signs of true die varieties and errors, and ask questions of those who already know the subject - with the willingness to LISTEN to them and LEARN. If you don't want to learn the subject, find something else to collect, or find a different hobby that is simple and easy to figure out on your own...because you probably won't listen to experience there either.

Peace out...I'm finished.
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 Posted 09/01/2007  3:10 pm  Show Profile   Bookmark this reply Add Metalman to your friends list
Coppercoins ,,what about the 1 or 2 in 100 that does listen and learn from you ?

I spent 26 years with my own business,,I had probably 150 helpers in that time ,, 3 made it to where they were competent in the feild .

the others well they were just others and came and went with no significant contributions to the trade but I still have some pride in the 3 that made it .

Metalman
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 Posted 09/01/2007  10:16 pm  Show Profile   Bookmark this reply Add coppercoins to your friends list
Metalman - I have mucho pride in the dozens who I have seen come a long way in their knowledge through the years, in part because of my help. I have never ran into a group, however, who seemingly as a group tend to disagree with everything they are told by anyone with knowledge in the field. Because they post worthless pocket change all the time they get tired of hearing they are posting worthless pocket change so they lash out. In my opinion that's not the way to accept good advice...and giving good advice to those who don't listen to it gets tiring. VERY tiring.
Pillar of the Community
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 Posted 09/01/2007  10:54 pm  Show Profile   Bookmark this reply Add Metalman to your friends list
Chuck I would love to be able to tell you that from here on out things would be different ,, but we both know where that smoke would be going .

All I can do is tell you that your appreciated by myself ,, and others who are serious about learning what you have to teach .

Metalman

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 Posted 09/02/2007  07:29 am  Show Profile   Bookmark this reply Add amac44 to your friends list
I didn't mean for anyone to get upset over this post! chill out guys
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 Posted 09/02/2007  11:21 am  Show Profile   Bookmark this reply Add daveyn to your friends list
Hello Charles,
I would like to put in my Two Cents on this subject. For years I was pretty much blindly collecting what I thought was odd and possibly valuable coins. It wasn't until a few years ago by luck I was given the opportunity to become the Fly-In club webmaster and one of the groups officers. This also afforded me the opportunity to learn how little I really knew about minting and error/varieties. I've since learned so much just associating with Rick and the other long time FE and IHC collectors, there is a wealth of knowledge out there, but sometimes it takes a while to learn, and accept that.

I for one also appreciate your time and efforts on the minting and variety subjects. I have learned a lot about the Lincoln Cent series, a series that really had not interested me much in the past. I now direct my friends and local coin club members who may be interested in Lincoln cents and varieties to this forum specifically for your input and the input of the other knowledgeable people here at Coin Community.
I guess what I am trying to say is, it may appear that some are not getting the message, but more than not, benefit from what you are posting. I for one sure consider you to be one of the experts in the hobby, it would be a shame for this forum to loose the benefit of your years of knowledge.

Thanks for making yourself available to those who do appreciate your help, your efforts are not wasted.


Later,
Member
United States
3242 Posts
 Posted 09/02/2007  11:30 am  Show Profile   Bookmark this reply Add amac44 to your friends list
I understand all that is written but this has snowballed in a war of word! what is this forum for if you cant post a odd coin? BS or coins?
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 Posted 09/02/2007  12:03 pm  Show Profile   Bookmark this reply Add coppercoins to your friends list
Anyone can post anything...but at least try to learn from the answers given. Keep every example with a note as to what it is, and refer to that group any time you find something else you think might have merit as an error. If you see something very similar in your group, you probably have the same thing again. If you don't see anything that compares to what you have in your group, then ask questions.

If it looks damaged it probably is. If it looks like Machine Doubling it probably is. Get a simple feel for what this stuff is and isn't, and learn to move forward with the knowledge you've been given.

There's no imperative for you to find an error coin in every roll, and there's no rule that says you have to post something here every day, week, or month to show you've been looking. Errors are difficult to find, take thousands upon thousands of coins to find, and even the ones you will find usually won't be all that dramatic.

If you are after die varieties, they aren't quite the challenge to find, but they are a challenge to collect. You may or may not ever run across an example of a particular die. I've been looking since 1984 and have scoped half a million coins since then and still have NEVER found a doubled ear cent. That's the challenge - the fun. I don't stop at every 1984 staring at it trying to turn it into a doubled ear in my mind, I know what they look like and know they are easy to spot...I just move on, like I have been for 23 years.

How many times has anyone here seen me post photos of a coin I found? I can answer that - never. I haven't found anything worth bothering to get the camera out in six months...and I'm still not discouraged. I have patience. I know the stuff of value is scarce and difficult to find in pocket change. So that's that.
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 Posted 09/02/2007  1:02 pm  Show Profile   Bookmark this reply Add Errorcoins to your friends list
Ok , my Two Cents worth. I agree with 99 percent of what coppercoins says. Post mint damaged coins selling on ebay as errors is fraud. Posting photos of such or minor errors is a GOOD thing if you are not sure of what you have and you WANT to learn something new which is always good. I have looked through thousands of bu rolls looking for errors. Yes there are many minor errors that are repeated over and over again so they are very common. But they are errors and one can learn from them and they do have value to some. As for Die Cracks, I do collect Major die cracks, Cuds, Die breaks, split dies, and even a die chip. The thing about die cracks is while they are a very common error, there are some that have Fantastic EYE Appeal and Add to the Design of the coin by their placement. Two that come to mind are the Wounded Bison (huge retained Die crack) and the Two-Horned Bison (die crack and die chip). The frequency in which the wounded shows up is much greater than the Two-Horned making it a rarer but less noticeable coin. Both of these coin do sell on ebay.

Because I have gone through thousands of rolls . I can really appreciate what coppercoins does, extremely hard work, hard on the eyes, and I sure he does see the same minor errors over and over again all day and that is what burned me out on bu rolls. Having said that, I want to encourage people to look through a lot of bu rolls to see what we are talking about. You will find minor errors and I encourage this and go ahead and post your finds, it is neat to find something that is an ERROR even if it is only minor. Look at all the VAM Morgans, most are just minor errors.


errrrrrrrrrrrror



Valued Member
United States
160 Posts
 Posted 09/02/2007  1:52 pm  Show Profile   Bookmark this reply Add daveyn to your friends list
amac,
I certainly didn't mean to imply that you not post your pics, especially if you have questions about a coin. I too collect some of the more dramatic die cracks, I even have a few showing the progression of the die damage for a certain few IHC years. My post was mainly intended for Coppercoins, perhaps a pm would have been more in order. If I have offended you in any way you have my apology, I certainly didn't mean it that way.
I appreciate, and even enjoy seeing some of the different deformities I see posted here, some times what we say, isn't really what we intended to say if that makes any sense.
Collect what makes you happy, and post what you think is interesting, my only concern is that the Forum doesn't loose anyone due to some possible misunderstandings.


Later,


Member
United States
3242 Posts
 Posted 09/03/2007  09:37 am  Show Profile   Bookmark this reply Add amac44 to your friends list
There not much you can say that will hurt me. I had to grow up in 1968 in jungle far way! and spending 20 year in the Army I have be call everything in the book!
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