2007 Penny

errorone - I think the point is being missed here. I didn't even say at any point that I want to sell the coin. I said I would let it go if someone offered to pay $500+ for it, but that I was just curious to see what kind of offers I would receive for the coin.

SPP - I am sure that your research is valid. You collect error coins, and you are well regarded on this forum. I have no doubt that the price you offered me for it is reasonable. Once again though, I never said that I was looking to sell it for market value. I didn't know market value - I had reason to believe it was somewhere over $100, with a possible cap of "hundreds". I wouldn't sell this coin for less than $100, even if market value was significantly less - just because it is the neatest coin I have personally found in a roll.

I didn't want this topic turning into a debate on asking prices on ebay. I was simply curious as to how this error occurs, and then I was trying to get a feel for the market value of this coin by entertaining offers. I don't think anyone on here has any reason to be critical of an asking price or starting bid. There's a seller on ebay who lists a 1967 rotated dies/diving bobcat 25 cent coin EVERY night trying to fetch $100+. It's obviously overpriced, but that's not my call to make. The nice thing about a free market is that anyone can ask or offer any price they want. It doesn't mean it's reasonable; however, no one has a gun to their head forcing them to agree to the price. If it's unreasonable, counter it, or forget about it.

Errorone2012

I believe I saw that coin at the Calgary coin show in march. I have kicked myself numerous times
For not buying it then. :((((( I wanted it bad. I guess it's gone now.

Coin chick

There are plenty of examples of this type of error . Tou'll find one . I have others :-) .

This is an extreme example of a mis-aligned die error. I have been involved in US Error coins for over 30 years and seeing an example this far off in the US series is quite rare. With that said, I have only been actively involved in Canadian errors for about 5 years and although its been a relatively short span, I haven't seen any Canadian mis-aligned die errors that far off. If this is a common occurrence, then I would appreciate seeing examples posted. In my opinion, this coin should sell for a significant premium but I guess I will have to wait and see. Thanks for sharing this!

coin chick

I'm not a dealer - I recognized the coin through the holder it is in . I think the seller bought it from the auction I had some errors consigned in . He had others on ebay including this one that he purchased from the auction of my coins .

errorone2012, while that 1995 1c off-metal strike is nice, it is by no means "unique". I have one, exact same year, graded MS-65 by CCCS. I also have one for 1993, 1994, 1996 and 1997. They are nice, but I think I never paid more than $250 for any of mine.

Zimmy, Canadian error collectors can only dream of an error market like that which exists for US coins. If you want Canadian examples, 1978, 1980 and 1981 are years chock full of 1-cent errors of all kinds.

SPP.....I don't disagree that those years are chalked full of error types however I am still not convinced that the 2007 misaligned cent isn't quite rare. To me it doesn't really matter that there are a lot of errors in a particular year.....what matters to me is the rarity of the error type, regardless of date. I still want to see someone post a misaligned die that far off, or even close to that one.

Hi jg

Yes, you can always report a bidder if you think they're doing something wrong, the unfortunate part is you can't always prove nefarious doings on the part of said bidder, and then it just becomes a pointing finger match. As someone who's been part of nearly 3000 transactions on ebay (the majority of which I was the seller) I have found that there are bidders out there who will do just about anything screwy, and in the end most of the time you just have to suck it up and carry on. It's easy when you are buying from someone who seems to have a shill working for them -- I'm not talking about you, I actually have a certain dealer in mind whom I won't mention because I can't actually prove it -- because you can merely stop buying from them. But when you're the one selling and you have someone who pulls out it's a little tougher. If it becomes a habit or they don't pay for what they win you can block their attempts to buy any more of your stuff so their bids won't register, but that's really all you can do. And who knows? It's possible that this buyer had a valid reason for pulling out. I have no idea who he is, but his wife's shrill silver tones ringing out "We can't pay the mortgage and you're buying WHAT?" comes humorously to mind!

I'd say that if this is the only time this happens, don't worry about it. Keep an eye, though, if he bids on anything else you've got and see how he does. He might be all right in the future and this could be a one-shot deal.

As far as the other buyers thinking you do have a shill working for you, you could always email them and assure them that you don't. Communication is always the best idea. Just don't say anything against that $202.50 bidder, because you really don't know why he pulled out. Keep it all professional; your customers will always respect that, and therefore respect you as a dealer. And in the end, I suspect your coin will end up going for quite a bit more than the $200.50, and the whole point will become moot.

Hope this helps!