2007 Adams Double Stamped Error

Future value...minimal, considering it's not on the obverse or reverse of the coin and that this is a very modern issue that's still being minted. Who knows how many of these could surface? 100? 1000? More?

Okay, they aren't 'stamps' and they aren't 'strikes'...the lettered design on the edge of the coin was rolled into the edge with pressure. If the coin is fed through the roller twice, you get doubled lettering.

I have collected major errors for over seven years and know pricing very well.

These dollar errors are so overpriced it blows me away. It is because the press and general public have "heard" about the dollar errors. Yes they are mint errors.

There is a lot of money going into this hyper inflated "error dollar" coin market, possibly taking money away from other more major errors?

My searches are now harder.

As a Major error collector, I own NO prez dollars errors.

errrror




errror

Ok, Coppercoins, rolled it is. Sorry for the wrong use of words.

This whole thing reminds me of the 20th anniversary silver eagle sets. Those prices have gone nuts as well.

If I had one of these coins, I'd sell it on ebay. So long as I don't mis-lead people, then the demand will set the price.

I don't know how many of these there will be, but based on the numbers on ebay I don't think there will be that many. In order to get that almost perfect "roll" to show both sets of letters twice takes quite a bit of luck, I think. Based on the fact that they are errors to begin with, you have to try and figure out how many errors there are (thousands or maybe tens of thousands) and subtract all the reversed doubles, and the overlapping doubles, which most of them are. That leaves a very small percentage of perfectly rolled doubles going the same direction with no overlapping. The mint has to be aware of this and working on fixing it, but who knows. If they keep producing these coins, the number of errors will probably continue to increase, but at what percentage of the overall population. Also, I heard that they were finding these errors and melting them down to re-use the metal for future coins.

It is one of the neatest looking coins I've seen, though, regardless of the price.

Craig, it is an error so is is ethically correct to sell them as error and for whatever people bid them up to. If I had some I would sell all of them NOW except one.

Guido, not the same as the 20th Ann SAE sets, that's a whole different animal with a different following and its SILVER. The double error is ok, but for me, I like unique error coins that scream error and eye appeal when seen at any distance.


errrror

Error,

What I meant was the feeding frenzy regarding the 20th anniversary sets. I was not comparing the type of coin or anything like that, only the craziness of what people are paying. I think some people will get stuck on these error coins, but then, you never know. Only time will tell.

Sleak,

That was the point of my post, regarding the perfect (or near perfect) doubling. I don't think there will be that many of those specific ones, which would allow there to be a premium on them in the future. But, these prices are really nuts to me. Even $600 for one of these coins seems like a lot.

Way, way overpriced. Wait about a month or two, and I bet they come doen less than $100.

Have a great day!!

I can't remember how it goes, but it's something like.

If an antique dealer says it's extremely scarce, they have one in the back.
If they say it's extremely rare, they have lots in the garage.