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 Replies: 57 / Views: 4,690 |
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Valued Member
United States
207 Posts |
Guys, could it also be that many buyers know exactly what it is but still want to have something that's unique. I mean, does it not look unique for the year?
The dictionary defines "unique" as:
1) "Limited in occurrence to a given class, situation, or area."
2) "not typical; unusual."
Edited by coinaki
05/12/2013 11:15 am
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Pillar of the Community
United States
1915 Posts |
It is not unique. It happens every year. It is not an error. It is a natural ocourrence.
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Pillar of the Community
United States
2624 Posts |
It's not unique.
"given class" it can occur on any denomination.
"situation" does not really apply since we are talking about one process; minting coins.
"area" could be Phili or Denver. It can occur on any area on the coin.
"not typical" All depends on how you apply typical. It's not on all coins but it is a typical problem.
"unusual" it's not unusual for this to happen to a die.
Edited by DrDon
05/12/2013 11:30 am
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Pillar of the Community
United States
1915 Posts |
It is not unique. It happens every year. It is not an error. It is a natural ocourrence.
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Pillar of the Community
United States
1915 Posts |
Coinaki you are the perfect buyer. You think you know something about the coin when in fact you know nothing about it. This coin is so unique that there have been about 200 sold in the past 2 months.
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Valued Member
United States
207 Posts |
Quote:
Coinaki you are the perfect buyer. You think you know something about the coin when in fact you know nothing about it. This coin is so unique that there have been about 200 sold in the past 2 months. What I have been saying is, there are many "perfect buyer" types: * someone who doesn't know what it really is, * or someone who knows but still wants to have 1 or 2 because the coin looks "cool", * or someone who is planning to buy them low & sell them higher. The point is, let's not assume the majority of the buyers are victims here. And 200 out of 3 Billion is certainly unique... natural occurrence or not. Besides, how many 2009 "Formative Years" DDRs have been found so far out of only 370M? Look folks, as long as there is no outright fraud involved, I am not condoning or condemning either the sellers or the buyers here. What we are really arguing about in this thread is free-market forces...In this age of instant & extensive information on the web, both buyers and sellers have just about all the necessary tools to learn. |
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Pillar of the Community
United States
1915 Posts |
You have completely missed my point. In a post earlier in the thread I said there was another seller who was selling the same crap coins for a ton of money. What made this second seller a fraud is that he s a member here on CCF. He participates in threads about variety coins. He knows EXACTLY what he is selling is not a variety; or an error. He knows that they are not rare and not worth more than a cent each. He is lying to buyers by omission of what he is telling them. Now if any of these buyers piece together as I did, that he is a CCF member, it will make this site appear to be a band of idiots.
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Pillar of the Community
United States
1699 Posts |
Not that I want to use my high school English, but maybe we're stuck in a paradigm. Since we've all been members here at coincommunity, we've all been "taught" from those that were here before us, that Die Deterioration (or Machine Doubling, whatever we're now calling it for use in this thread) is not worth anything and should not be collected. Perhaps there are those out there, who may not visit coin forums such as this, that now view Die Deterioration as a collectible and who are willing to pay a premium for such a coin. I think it's safe to say that we all save a few die cracks, die chips, or large gas bubbles that we've collected as curiosities - without regard to value. Value is often determined by the buyer, so who is to say that these coins are worthless? The hobby has become much more specific, or nyched. The things on coins that make them collectible are becoming smaller and smaller. Perhaps what we're viewing as insignificant, is actually significant to niche collectors. Personally, I would not buy nor collect what this seller has listed, but others might. I think that even if the seller described the coins he's selling as " Die Deterioration" he might still get good prices for them. |
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Pillar of the Community
United States
2624 Posts |
Quote:ErrorCoins222: I think that even if the seller described the coins he's selling as " Die Deterioration" he might still get good prices for them. I sold a nickle with more extreme Die Deterioration,I said in the ad I was told it was Die Deterioration. I got one dollar plus one dollar for shipping.I thought it was a great price for that coin. It is the implication that this is an "error" that is driving the prices up. At the very least the sellers are being "misleading". |
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Pillar of the Community
United States
1915 Posts |
Quote: I think that even if the seller described the coins he's selling as " Die Deterioration" he might still get good prices for them. but the fact is he didn't. I sell examples of extreme Machine Doubling, but ALWAYS state in the listing that it is NOT the highly sought after doubled die variety. Those usually sell for $10 plus. Being honest does not mean less sales to me. |
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Pillar of the Community
United States
2624 Posts |
In fact seal006 goes even further by stating clearly that it is not a doubled die. edit:oops sorry didn't mean to be an echo. Update on the first seller, he has rewritten his ad: "I've heard it called a die adjustment strike, Die Deterioration, plate buckling, plating error, worn/over used dies, and also some say it is similar to the Poor Mans Doubled Die" I guess that is better. Edited by DrDon
05/12/2013 7:48 pm
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Pillar of the Community
United States
2189 Posts |
 with DrDon .A much more accurate description |
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Replies: 57 / Views: 4,690 |
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Posted 05/12/2013 11:26 am
