Coin Community Family of Web Sites
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?

Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

How Do You Decide If An Error Is Worth Actively Looking For?

 
Next Page
 
To participate in the forum you must log in or register.
Author Previous Topic Topic Next Topic
Page: of 2
Valued Member
United States
57 Posts
 Posted 05/26/2019  8:00 pm Show Profile   Bookmark this topic Add SamCoin to your friends list Get a Link to this Message
I'm getting into coin roll hunting, and recently started for the first time with pennies, but I feel kind of overwhelmed since so many dates have RPMs and DDs (many of them fairly minor) that I don't really know which ones I should be looking for. Ideally, I'd like to use some combination of monetary value and eye-appeal in my decision, but it seems like the most eye-catching DDs don't always correspond to the most visually impressive, and I'm a little overwhelmed by the sheer number out there to learn about.
Pillar of the Community
United States
4446 Posts
 Posted 05/26/2019  8:38 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Have you tried buying a copy of the cherrypickers guide? It's got in depth photos and tips on IDing the coins and has a solid ROI.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
ANA id: 3194067
My Youtube: https://www.youtube.com/channel/UCq...ukyxurAHKuRg
If you want to buy something or sell something or just talk, shoot me a PM!
Pillar of the Community
United States
901 Posts
 Posted 05/26/2019  8:59 pm  Show Profile   Bookmark this reply Add levelsofmadnes to your friends list Get a Link to this Reply
When I first started, I looked at every coin and both sides. This way takes longer but you are sure not to miss anything.
But after a while, I ended up taking information from CHERRY PICKERS, STRIKE IT RICH WITH POCKET CHANGE and websites and compiled a list.
Here is what I keep on the desk:

Bedrock of the Community
Learn More...
United States
21735 Posts
 Posted 05/26/2019  9:15 pm  Show Profile   Check Errers and Varietys's eBay Listings Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
SamCoin, levelsofmadnes nailed it on the head.
More information about Die Deterioration? http://goccf.com/t/317950
Retired U.S. Mint Coin Die Set information. http://goccf.com/t/302961
1988 P LMC RDV-006, 1998 P LMC Wide AM, and 2000 P LMC Wide AM. http://goccf.com/t/327834 http://goccf.com/t/294303 http://goccf.com/t/312900
1973 D Lincoln Memorial cent With Recurring Die Subsidence Error Information. http://goccf.com/t/304624
Machine Doubling tutorial. http://goccf.com/t/332421
Die states progression on coins. Scroll down, so you can see the different die state progressions. http://goccf.com/t/325638
Die Deterioration Doubling Tutorial. http://goccf.com/t/336470
Valued Member
United States
84 Posts
 Posted 05/26/2019  9:25 pm  Show Profile   Bookmark this reply Add jmewrites to your friends list Get a Link to this Reply
That's an amazing list. Thanks for sharing. jmewrites
Pillar of the Community
United States
901 Posts
 Posted 05/26/2019  9:42 pm  Show Profile   Bookmark this reply Add levelsofmadnes to your friends list Get a Link to this Reply
The list is of high value or varieties that I like.

I was working on an upgraded version of this list. Instead of writing the information, I was using photos from the web and inserted next to dates; quick picture reference.


A working project... I was hoping someone would sell a coin mat like this.
Valued Member
United States
57 Posts
 Posted 05/26/2019  9:56 pm  Show Profile   Bookmark this reply Add SamCoin to your friends list Get a Link to this Reply
Wow! Thank you Levelsofmadnes! that is an amazingly helpful list!
Bedrock of the Community
Learn More...
United States
38059 Posts
 Posted 05/26/2019  10:33 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Also coppercoins.com/ has a pricing guide on their site. But it hasn't been up dated in a while so figure 25% above their prices.
Richard S. Cooper
Some have asked about my images I use and I'm glad to say, you can now you can see the DVD in sections on youtube:
1. Intro, older coins, toned coins 2. Doubled dies 3. Die events, One of a kind errors 4. So called errors, Coin information 5. Coin information Types and Varieties, Overlays
Jefferson nickel doubled dies Wexler/Rebar complete listings

trail dies:http://www.traildies.com/
Pillar of the Community
Learn More...
United States
9816 Posts
 Posted 05/26/2019  11:03 pm  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
That's good stuff, @levelsofmadnes.
Tantum religio potuit suadere malorum.
-Lucretius

"Just because you're paranoid don't mean they're not after you."
-Kurdt Kobain

My Want List: http://goccf.com/t/282022
Pillar of the Community
United States
999 Posts
 Posted 05/26/2019  11:32 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
Let me start off by saying...IMO if you are looking into searching for monetary gains,just dump the coins at coinstar. Guys what would you estimate your per hour wage is CRH ? CRH is a hobby for most and the trill of the hunt and find is what matters..I like the list Levelsofmadness made I think we all have a cheat sheet that is similar.. One could search 100's of cents before finding an error that might be valued 3 to 5 dollars..That said...good luck...have fun..and again IMO
Valued Member
United States
215 Posts
 Posted 05/26/2019  11:38 pm  Show Profile   Bookmark this reply Add briarmentrout to your friends list Get a Link to this Reply
Omg! Levels of madness, your list and amazing and your working project is a genius idea!! I love your set up! I'm totally going to start doing that!
Valued Member
United States
57 Posts
 Posted 05/27/2019  11:39 am  Show Profile   Bookmark this reply Add SamCoin to your friends list Get a Link to this Reply
Greasy Fingers, I'm not trying to make a profit, but I don't really feel like filling up my collection with hundreds of coins worth less than the 2x2 they're in just because they are technically errors/varieties. Like I said, I'm willing to make an exception if it's a very eye-catching error that just happens to not be worth that much, but I'd rather not have 500 DDs that require a microscope and squinting at just the right angle to see that there's actually something there.
Edited by SamCoin
05/27/2019 12:28 pm
Bedrock of the Community
Learn More...
United States
11015 Posts
 Posted 05/27/2019  11:45 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Levelsofmadnes , Not to bash you for your accomplishment. with that list but this is why I don't collect errors or varieties . It's too much for my old brain to handle . I'll stick to collecting coins by date , mint and condition . So again congrats for being an inspiration to all newbie E&R collectors .
Proud Member of The Black Sheep Squadron !
Valued Member
United States
183 Posts
 Posted 05/27/2019  12:20 pm  Show Profile   Bookmark this reply Add Believe7 to your friends list Get a Link to this Reply
Time is all I need...good job.
Pillar of the Community
United States
999 Posts
 Posted 05/27/2019  1:20 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
@ SamCoin..I understand and agree with your last post..for minor errors,rpm and varieties just store in labeled rolls and like you said nicer ones belong in a 2x2 or airtight...good luck in your hunt and may you find some wonderful errors and varieties...can't wait to see some great coins, again best of luck
Pillar of the Community
Learn More...
United States
705 Posts
 Posted 05/27/2019  1:46 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
For me, the bottom line is, "Am I interested in the coin?"

There are many coins that aren't "worth" collecting, in a profit-and-loss sense. Some of them just strike me (pun intended) as fun to collect, and that's why I do it.

Consider, for example, the Avogadro's Number of minor die chips found on 1950s Lincoln Cents. Just for fun, I started collecting them a few years back. I have a fairly extensive collection of extremely minor die chips that have little monetary value. No, they aren't worth the 2x2s, but I have them in 2x2s anyway. It isn't an investment. It isn't going to rival the Newman Collection. It's just something that is fun. It's also a diversion from my more costly addictions, nickel Three Cent proofs, full strike Buffalos, and PL/DMPL Morgans, and my wife's Canadian collection. I dump my extra minor chips at shows in bags of 10-12 different for $4. Young collectors find them interesting, and it helps grow the hobby.

On the variety front, like many I am slowly trying to assemble a variety set of Lincolns from circulated coins. It's the hunt that interests me. Our summers are short and our winters are long, and it's something to do when there is blowing snow and a bunch below zero outside. (It also makes a good excuse to delay my perpetual Honey-do list, but don't let my wife read that!)

Just some thoughts from the Old Codger corner.
Page: of 2 Previous Topic Topic Next Topic  
 
To participate in the forum you must log in or register.

Coin Community Member eBay Sales

Certified Coins   Certified VAMs   Certified Errors  




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2019 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2019 Coin Community Forums
It took 1.09 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05