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 Replies: 44 / Views: 4,345 |
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Pillar of the Community
United States
3463 Posts |
Quote:
people that aren't into this hobby compared to those that are. I recently heard an estimate, not sure how accurate it is, but it said there are about 2,000,000 coin collectors in the US and only about 200,000 serious collectors. |
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Valued Member
United States
450 Posts |
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Pillar of the Community
Canada
933 Posts |
Congrats on your huge find, should be very valuable seeing there aren't any others found yet and there probably won't be many if any others found!!
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Valued Member
United States
173 Posts |
@cwb. if the US population is 322,762,018, then 2,000,000 is only 0.6%. Imagine the rare/error coins that goes daily unnoticed through the hands of the remaining 99.4%. Would it make sense to think that all of the error/rare coins that are known or in the hands of coin collectors are only 0.6% of all rare/error pop? Assuming they are all in circulation of course. I can only imagine the ones that haven't been discovered yet....  |
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Pillar of the Community
United States
3463 Posts |
I personally think there are many undiscovered errors sitting in original bank wrapped rolls on dealers shelves, bank vaults, and collectors closets.
We just need to keep searching!
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Pillar of the Community
Canada
933 Posts |
Bought myself s few rolls of 1941's
Hahahaha
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Pillar of the Community
United States
3463 Posts |
Quote:
Bought myself s few rolls of 1941's I hope you do well in your search, and remember, there are many doubled die reverse varieties for that year so don't forget to turn them over! |
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Bedrock of the Community
United States
62064 Posts |
To me it looks like the result of a tilted hub that was used on the the first hubbing. They backed off and the hub was set in the correct position. Why do I say that? Note how the doubling is location in just one area of the die. The devices are deeper at the tops of the devices and thinner at the bottoms. So a tiled die could have created this die. The miss hubbing was probably not considered an issue, so they continued to use the die blank. (they didn't figure on us to find it)
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Pillar of the Community
 United States
3058 Posts |
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Bedrock of the Community
United States
62064 Posts |
Hard to say yet. Depends on how many are out there. Time will tell us more.
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Valued Member
United States
173 Posts |
I am also very curious about the value. The picture below is a variety example of 1941 LWC FS-102 (18.1) and is the largest spread within all known varieties for this year.  Value and population for this specific variety below  MS condition varies between $300-$8000. With a spread like this recently added one, to me it is intuitive that the value will be a lot more (assuming similar pop). IMHO, I think the first couples of these recently added variety could be sold at big auctions, like Heritage, and in MS condition, for at least a few tens of thousands, if not more. Anyone else agree with my chain of thoughts? Please take into account that I am still learning about this hobby (3 month now to be exact) so I am just confirming if I am going in the right direction. Edited by Ross Son
01/26/2017 09:38 am
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Pillar of the Community
United States
709 Posts |
Incredible find ram! Congrats! I would think that this is going to start off similar to the 1919 DDO Mercury dime. You could probably sell it for $5k to $10k I would imagine. The question is whether to sell it now after it is graded, before any more pop up, or hold onto it hoping for a value increase. Tough decision, I'm not sure what I would do.. |
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Pillar of the Community
 United States
663 Posts |
I sent it to ANACS for grading. John Wexler also said he is going to feature this in his March 20, 2017 article in Coin World. I figured more attention won't hurt. |
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Pillar of the Community
United States
3644 Posts |
I would caution trying to attach values to this there are so many variables that play into what it would ultimately sell for-great find for sure,ram keep us posted good luck! Ill be waiting for the write up
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Replies: 44 / Views: 4,345 |
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Posted 01/23/2017 2:05 pm
