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Value Of Error Coins

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Valued Member

United States
99 Posts
 Posted 02/16/2014  12:44 pm Show Profile   Bookmark this topic Add gracie1125 to your friends list Get a Link to this Message Number of Subscribers
I was wondering how the value of error coins are determined .

i have seen coins with struck through errors due to grease causing the coins to have missing details on them. How are these valued?
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robbudo's Avatar
United States
2757 Posts
 Posted 02/16/2014  12:57 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
It is mostly supply and demand. There is a high supply of Grease Filled Dies, plus the demand is low, so there is most often no premium associated with them. Unless there is a significant portion of a design missing, anyway.
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Dave42's Avatar
United States
571 Posts
 Posted 02/16/2014  1:00 pm  Show Profile   Bookmark this reply Add Dave42 to your friends list Get a Link to this Reply
I don't think there is a set way that errors are priced, it's more of a "how rare is it" kind of thing. Struck Through Grease errors are very common, so they don't usually sell for very much unless it is an extreme example. Off centered coins and incomplete planchets are worth more because they are less common, but it also depends on the percentage off center or missing. A good way to get a general idea is to check ebay listings and see what they sell for in the end (not the often inflated Buy it Now price).

Valued Member
United States
99 Posts
 Posted 02/16/2014  1:00 pm  Show Profile   Bookmark this reply Add gracie1125 to your friends list Get a Link to this Reply
thank you , I posted pics of a Connecticut 1999 quarter with the word oak and the bark on the
tree missing, was wondering if it was worth anything.
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Domain555's Avatar
United States
1804 Posts
 Posted 02/16/2014  1:35 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply

Quote:
I was wondering how the value of error coins are determined .

i have seen coins with struck through errors due to grease causing the coins to have missing details on them. How are these valued?


Sorry to have 2 posts...


IMO errors are worth what a willing buyer and seller agrees on.

I personally like this, because it is a new frontier of collecting, and the area is one of the fastest growing.

I really get a rush ... when I find a coin ... that may have been in the sight of a traditionalist and he placed it the bye-bye can.
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jasper62's Avatar
United States
2189 Posts
 Posted 02/16/2014  1:39 pm  Show Profile   Bookmark this reply Add jasper62 to your friends list Get a Link to this Reply

Quote:
Monitors are mixed about the coins as to whether they are Errors .. or PMD


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Domain555's Avatar
United States
1804 Posts
 Posted 02/16/2014  1:39 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
((((((((((thank you , I posted pics of a Connecticut 1999 quarter with the word oak and the bark on the
tree missing, was wondering if it was worth anything.))))))))))))))

Yes ... It is worth $$

How much ... as much as someone will pay
Valued Member
United States
99 Posts
 Posted 02/16/2014  1:41 pm  Show Profile   Bookmark this reply Add gracie1125 to your friends list Get a Link to this Reply
that is very true. I thought the error looked interesting.
But I find most things interesting.. lol
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Domain555's Avatar
United States
1804 Posts
 Posted 02/16/2014  1:51 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply

Quote:
Monitors are mixed about the coins as to whether they are Errors .. or PMD


Yes.

Respectfully,

Two different monitors had two (little bit) differences on coins.

Think that was about 4-5 days ago.

I want to be in good graces on this board with every body.

However if someone has less than (MANY) posts ... I take it all with a grain of salt.

Even with the big bosses of this board ... I can get along to get along

I got them there coins ... what ever they are ... and that is that

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Dave H's Avatar
United States
1436 Posts
 Posted 02/16/2014  2:00 pm  Show Profile   Bookmark this reply Add Dave H to your friends list Get a Link to this Reply
I would recommend looking at the completed auctions on E-Bay for error coins. IMO, that is the going rate and value for them...
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jasper62's Avatar
United States
2189 Posts
 Posted 02/16/2014  2:03 pm  Show Profile   Bookmark this reply Add jasper62 to your friends list Get a Link to this Reply
Domain
I know you are excited about a new found hobby but there is a certain protocol we follow at CCF. It's considered rude and disrespectful to post your coins on someone Else's thread."Highjacking" is frowned upon.
Insinuating the monitors are lost and no help is an absurd statement.
and thirdly most collectors gringe when someone is holding a potential valuable coin as your pictures show.The oils from our fingers & hands can permanently damage a coin.I hope you can take constructive criticism.Take it or leave it
Valued Member
United States
99 Posts
 Posted 02/16/2014  3:00 pm  Show Profile   Bookmark this reply Add gracie1125 to your friends list Get a Link to this Reply
thank you every one for the help, did not mean to ensue a highjacking..lol
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Domain555's Avatar
United States
1804 Posts
 Posted 02/16/2014  3:05 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply

Quote:
Domain
I know you are excited about a new found hobby but there is a certain protocol we follow at CCF. It's considered rude and disrespectful to post your coins on someone Else's thread."Highjacking" is frowned upon.
Insinuating the monitors are lost and no help is an absurd statement.
and thirdly most collectors gringe when someone is holding a potential valuable coin as your pictures show.The oils from our fingers & hands can permanently damage a coin.I hope you can take constructive criticism.Take it or leave it


In full respect of the hijacking idea, ... I really was trying to fit in and share. will remove the post in order to comply with your wishes.

With respect to the monitors ... they can and will come in at their own time.

IMHO they are lurking, and have been for 4-5 days.

Yes I am grungy with my oilly hands on the coins.

However, (with full respect to the preservation of coins) These coins are freaks in the eyes of many traditionalist.

As I have said before, I grin when I find a strange coin, knowing it may have been in the hands of a traditionalist and it went in the bye bye can.

All the coins you see in the picture were acquired at face.
That not to say I don't need to protect them ... but no way I am going to SLAB 'em

There seems to be gulf of difference on thoughts between traditionalist and newbies.

At this point in collecting, I am just gathering tubes of BU stuff, and placing back into circulation the greasers.

May I please ask for forgiveness, on any-all issues.
May I please say thank you for the constructive criticism.

Any way I will pull down the pictures
Valued Member
United States
99 Posts
 Posted 02/16/2014  3:13 pm  Show Profile   Bookmark this reply Add gracie1125 to your friends list Get a Link to this Reply
I do agree that I also get a grin when I find what I think is an error.
I still think that the 1c I posted a few days ago is a double ear, But I am new to this
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