| Author |
 Replies: 39 / Views: 6,629 |
|
|
|
Pillar of the Community
United States
1571 Posts |
Congratulations, Longmeadow, on a great find. "How come it took so long to find such a nice DDR"? I'll say, because we DON'T look at all the coin! Usually a known, (for the date, and then toss it! It is like not being able to, "see the forest for the trees"! Dick |
|
Pillar of the Community
United States
1571 Posts |
Ziggy,, don't it "just burn you", when you find something, and then find it is as common as "hen's teeth"? :-{
Dick
|
|
Valued Member
United States
499 Posts |
at this rate, in 10 years there could be a whopping 40 of them!
|
|
Pillar of the Community
United States
3507 Posts |
I don't think this will be at all common.
|
|
Valued Member
United States
499 Posts |
I don't really rhink so either!
Richard
|
|
Pillar of the Community
United States
7629 Posts |
I foresee this as being rare into the years to come. It actually benefits the owners of said coins for it to be "obtainable" yet very rare. This makes it more like the elusive 1969S doubled die in that people can obtain them, yet they are very expensive and very rare...unlike the 1958 doubled die that has a fog of clandestine manufacture hanging over it because only two examples were ever found.
I would say this issue won't be hurt for value until either a hundred are found in the next year, or someone comes up with a bag containing hundreds of them and dumps them on the market all at once. That's when the two found so far could stand a chance to lose value.
At present rate, a couple per year, I doubt collectors will ever see them as anything but what they are - very rare, very desirable, and very valuable.
|
|
Pillar of the Community
United States
7629 Posts |
To add, even if they do become more "common" than the 1983 doubled die reverse, they still have a lot going for them to have and retain more value than the 1983 doubled dies - they are a sub-variety with very low mintage, they are a first year issue on less than adequate quality test planchets, and it took more than 20 years for the first example to be discovered.
Case in point...look at the value of 1982 SDZ cents in a price guide, then look at the value of 1983 cents in the same guide. Any reliable guide would show the former to have more than twice the value of the latter in any grade.
|
|
New Member
United States
1 Posts |
Congrats on the find..I know its been a hot subject over at LCR. I would concur with the ICG recommendation. Check out coneca.net
Edited by lincolncentresource
01/15/2008 1:51 pm
|
|
Pillar of the Community
United States
1571 Posts |
It took a long time to surface, but considering the time gone by, and the number of people who might have handled it, my impression is tha itm and the few that were struck at the same time frame, it must have been in someones "stash"!
Dick
|
| |
Replies: 39 / Views: 6,629 |
First Page
Previous Page
Posted 01/02/2008 1:08 pm
