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How Do You Put A Value On Error Coins?

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Author Previous TopicReplies: 10 / Views: 1,507Next Topic  
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LTMets44's Avatar
United States
580 Posts
 Posted 11/20/2011  8:46 pm Show Profile   Bookmark this topic Add LTMets44 to your friends list Get a Link to this Message Number of Subscribers
My wife brought home this 2000 Lincoln Cent Error from a flea market. She asked me if she did good but I have no clue how to answer that. (So I just told her yeah, she did good..lol)

Any clue how to value?

How-Do-You-Put-A-Value-On-Error-Coins?
How-Do-You-Put-A-Value-On-Error-Coins?
Edited by LTMets44
11/20/2011 8:47 pm
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amida17's Avatar
United States
4897 Posts
 Posted 11/20/2011  8:55 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
there is a basic guide in the back of the RedBook. That coin would probably sell for $10-$15 maybe a slight premiuum because the date is visible. How did she do?
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LTMets44's Avatar
United States
580 Posts
 Posted 11/20/2011  8:57 pm  Show Profile   Bookmark this reply Add LTMets44 to your friends list Get a Link to this Reply
amida17 - According to your prices, she did very good. She paid $4 for it. =)

Thanks
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DrDon's Avatar
United States
2624 Posts
 Posted 11/20/2011  9:02 pm  Show Profile   Bookmark this reply Add DrDon to your friends list Get a Link to this Reply
It would be worth a little more if it were a WAM. The photo of the reverse is a bit blurry but looks like a normal reverse to me.
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Buddy's Avatar
United States
7075 Posts
 Posted 11/20/2011  9:04 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
She did great. And it was nice of you to say so before you knew.

I do the same when my husband buys me the same coin twice.
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John1's Avatar
United States
56855 Posts
 Posted 11/20/2011  9:15 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
You can also check e-Bay for ones that are similar that have sold.
John1
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fioti's Avatar
United States
4212 Posts
 Posted 11/21/2011  10:41 am  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
Other than completed auctions, I use Ken Potters' fixed price list, but adjusting for the fact it's retail.
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Jayman931's Avatar
United States
2651 Posts
 Posted 11/21/2011  10:42 am  Show Profile   Bookmark this reply Add Jayman931 to your friends list Get a Link to this Reply
I would have payed 4 bucks easily. Well done!
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robbudo's Avatar
United States
2759 Posts
 Posted 11/21/2011  6:13 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
I buy them when I see them at $7, so she did great.
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United States
9 Posts
 Posted 11/22/2011  04:39 am  Show Profile   Bookmark this reply Add Cannibal to your friends list Get a Link to this Reply
I sold this Jefferson that is similar, other than being a 5c, not to long ago on ebay. I searched completed ebay listings and other sites. I noticed that the slabbed ones usually sell for a lot more.

Mine sold for $16, and a similar 1 or 2 that were slabbed and similar sold for a lot more(can't remember exactly).
How-Do-You-Put-A-Value-On-Error-Coins?
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LTMets44's Avatar
United States
580 Posts
 Posted 11/22/2011  11:30 am  Show Profile   Bookmark this reply Add LTMets44 to your friends list Get a Link to this Reply
Thank you guys. =)
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