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 Replies: 16 / Views: 3,328 |
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Rest in Peace
United States
18456 Posts |
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Valued Member
United States
424 Posts |
For less than $30 I think you bought some decent coins that will be fun to add to your collection. You have also bought an inexpensive education as you learn about these coins and become a more savvy collector. Way to go, keep at it.
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Pillar of the Community
United States
500 Posts |
 and yes  |
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Pillar of the Community
 United States
4593 Posts |
to CCF. I think there was another thread where somebody recently bought an accumulation like this - the thinking was that it was a new collector marking everything "odd" s/he found sorting pocket change. Some will turn out to be damage, some may be minor errors, some could be real errors (the 70D Roosie looks like a straight edge clip). You'll definitely get $300 worth of education picking through these. Here is a great place to look: http://www.error-ref.com/Congrats. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
5208 Posts |
I like the "Misprint" identification they put on them  You'll have to let us know what actual error there is if any on the coins. |
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Rest in Peace
United States
17900 Posts |
I'm unable to tell what the 'misprint' means on the coins themselves. As has been mentioned, close up photos of individual coins that you have questions about would help. You may have some real goodies hiding in that batch! |
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Valued Member
 United States
71 Posts |
When I get the error coin lot in the mail I will take better closer pictures on what I think is an error, and I won't with the PMD coins and you guys if interested will be able to see that in the error section of the forum, I'm highly curious myself of what I got too. |
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Pillar of the Community
United States
7390 Posts |
Misprint means the guy didn't know coins well and thinks it's different. Maybe minor grease filled letters or a MAD or PMD. Stuff like that. |
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Bedrock of the Community
United States
19964 Posts |
Coins are not "printed", they are stamped. Leads me to believe you have no errors but just improperly labeled PMD coins since whomever put them in 2x2's probably knew nothing about error coins. Hate to bear bad news, but it looks like the lot is a bunch of "junk". I hope those early dated Lincolns are at least decent. GOOD LUCK! |
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Pillar of the Community
United States
4963 Posts |
Some of the coins in the first lot clearly have PMD. The only one that looks like it could have an error is the clipped planchet dime. The 1944 and 1971-D cents are almost certainly damaged. |
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Bedrock of the Community
United States
11951 Posts |
I would like to be honest, with out sounding mean. And hoping to be helpful for future purchases. I help out at local coin shops. From the pictures, which are not close-up enough to show details, I am not seeing any real error coins. Some look like post mint damage or minor errors. That first lot .. I feel we would not offer .50 cents for. In the second lot, the Half Dime and damaged 1853 quarter are in so poor of condition, we would offer less than melt, because we would put them in the melt bucket. I don't know how to say that without being negative. My suggestion, when starting out collecting, stay with common coins you can buy in the melt ranges. Check out prices before buying .... learn to buy low. As you become more experience, than start buying higher priced coins. I am not saying these are high priced coins .. but in my opinion .. not worth what you paid for them. For $15 you might have been able to buy 10 silver dimes. |
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Valued Member
United States
71 Posts |
@GR58 I can't find any "junk silver" at melt price, people who sell it, usually sell cull coins above melt.
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Pillar of the Community
United States
4963 Posts |
Quote:
@GR58 I can't find any "junk silver" at melt price, people who sell it, usually sell cull coins above melt. A collector buying from a dealer and a dealer buying from a collector are very different scenarios. The dealer's in it for the money, so if he can't sell for more than melt, he's going to pay less than that. |
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Bedrock of the Community
United States
11951 Posts |
I do understand that in some areas it is hard to find good deals on coins. And after rereading what I posted, I could have said it better. Most coin shops will sell their 90% (junk) silver at a little above melt. For example today I bought a $5.00 roll of silver dimes for $60 or 12X face. I think if you watch ebay, similar buys can be made. If you can find good coins shops .. Maybe even pawn shop. It is possible to build a good relationship where you might be let in on good prices. Over the years I have done this. It is possible to put together sets of Roosevelt dimes or Franklin half dollars from good junk silver buckets. I know from experience it is possible to find coins at a decent price. But my suggestion is to try and stay away from buying common coins with problems. |
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Pillar of the Community
United States
3843 Posts |
Those Seated Liberty coins are in really rough condition (damaged), to the point where the collector value is minimal. I agree with GR58 and think the best thing for you to do is to hang around this forum for a while, looking at coins and reading members comments on grading (and the importance of condition/problem-free coins) before you start surfing ebay looking to bid. |
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Posted 01/07/2016 07:33 am
