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 Replies: 35 / Views: 3,367 |
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Pillar of the Community
United States
7629 Posts |
I've got a deal for people who think die cracks, little humps and bumps, and laminated planchets are valuable... I recently acquired a collection of what I consider garbage (but who am I to say so) from a dealer who didn't even have the time or energy to bother taking the coins out of the holders. Frankly I don't really have the time either, but I figured there's at least some small chance I could find something on some of these coins that the collector who wasted time and supplies holdering each one of them might have missed - an RPM, a doubled die, something...I basically removed the coins from the market to do everyone a favor, because someone would get ahold of a hoard like this and run the coins for astronomical prices on ebay...so I was going to turn them in to the bank after I looked for coins of serious value. Well, there are thousands of them. Literally thousands. He mailed them to me in 9 flat rate priority boxes, and they remain unsearched by me to this day...I haven't had time to bother with them because I've been trying to figure out how to get out more. Anyhow, I would like to offer these to the first person here who thinks coins like this have value over face value. This is essentially a give away, because the holders are worth at least 3 cents each, and the coins are worth at least face, and the postage will be just short of $9. I'll send 1,000 coins to the first taker for $250. That's 25 cents each, completely discounting the postage, handling, and the supplies the coins are in. You get each coin marked as to what the collector saved it for. Cracked skulls, die cracks, bubbles, double rims, and hundreds more! Act fast, because this offer will be deleted as soon as the moderators erroneously figure that this is actually a serious offer (which it isn't) instead of a point being made...however, if anyone out there places value on what I've been calling valueless, then I've got the treasure trove of the century, and it's yours for VERY little compared to ebay or normal dealer pricing. Anyone want to put their money where their mouth is? Anybody want to buy from an "expert" for FAR below their market expectation? Come on! These things, JUST like what I have here, often sell for $3-$5 each at shows and on ebay...that would be $3,000-$5,000 if you tried accumulating this much junk from those sources. ALL yours, for $250. Note to moderators....this is a point being made to the group. I highly doubt there will be any takers, because the coins they will receive are worth face value and I'm telling them that ahead of time. If they are crazy enough to take the offer, let them learn the hard way since they won't listen here. Please don't move this post because it is imperative that only the people who have followed my tirade get to see this post - I don't want this offered on the buy, sell, trade board because I wouldn't want someone from the outside accidentally running into this thread and thinking there's something of value being offered. If you don't want the thread here, just delete it if you must. Just remember...once in a while rules should be bent to prove a point. In my humble opinion, this is a perfect example. Edited by coppercoins
09/01/2007 9:48 pm
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Pillar of the Community
 United States
7629 Posts |
All due respect, this isn't an offer to become a dealer of minor, worthless coins. This is to find out if ANYONE out there truly believes there is enough value in this junk to pay up for them. I figure if they are serious enough to shoot down the educated opinions of a number of experienced numismatists, they should have enough moxie to toss down $250 on the table.
If someone tried to make the same point about repunched mintmarks and had 1,000 RPMs for $250, I'd be the first to plunk down my cash to prove them wrong, because they are. RPMs actually DO have value, but there are a number of elitist collectors and dealers who can't tilt their noses down far enough to see that.
But again, these coins are worth nothing but bank value to me, but for those who disagree with the advice I've given in this forum, these coins are a genuine steal!
Serious inquiries only, take all or take none.
Edited by coppercoins
09/01/2007 10:56 pm
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Pillar of the Community
United States
1952 Posts |
Thanks Chuck I needed that today lol
Gary
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Pillar of the Community
United States
936 Posts |
I just got 170 cents that were all nice and labeled with their Breen numbers, rarity, and basic info on what the variety was. Some of the rarer ones I figured were probably mis-attributed so I did not include those(1968-S DDO figured it was one of the common double strikes etc.) in my price to pay. I ended up paying a little over a $1 each for these. Well I have gone through most of them and have yet to find 1 that is actually an variety. I think I will just keep buying mine from Gary and Charles when he puts them up on SLCC auctions. |
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Pillar of the Community
United States
7629 Posts |
I never said these were copper errors or doubled dies. I specifically said these were valueless coins to me that others here insist have value. I'm still looking for the lucky buyer.
I do actually sell doubled dies and mintmark varieties, and I can guarantee this lot isn't the kind of stuff I would generally ever sell. Anyone who actually wants value in what they buy and wants to buy from me can find my retail site without much effort.
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Pillar of the Community
United States
7629 Posts |
1. Yes, to prove a point. This doesn't change the fact that I would generally never sell this kind of junk. I am against the idea of calling this stuff anything other than what it is, but for some reason I receive nothing but resentment here for calling garbage, garbage. So here I offer the garbage to those who think I am wrong in calling it garbage. If this stuff is worth what others here erroneously think it's worth, then they will get a great deal on this lot.
2. I wasn't suggesting you buy anything from me. I was correcting your incorrect statement and suggestive undertone that what is offered here is somehow related to what I do sell regularly. My line of items includes accurately described and graded coins that can be appreciated by collectors who understand the scarcity and value of die varieties. I do not carry die cracks and other related "oddities" in my inventory, thus have no good use for this lot...just like anyone else in the market who understands its lack of value and commonplace in circulation.
Edited by coppercoins
09/02/2007 12:16 am
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Pillar of the Community
United States
7629 Posts |
And so your point is what, exactly?
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Pillar of the Community
United States
1952 Posts |
I can personally vouch for Chuck. I have purchased quite a few of his coins and I have never felt cheated actually I think I got some killer deals from him.
Chris have you checked out the other RPM's I added the other day?
Gary
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Valued Member
United States
145 Posts |
Die cracks and other minor stuff on modern coins is, IMO, kind of neat to collect a few example of. I have a few examples of die cracks that appear to be from the same dies and show a progression in the development of the cracks. But unless they are extreme, like from a die that looks like it is in the process of shattering, the only value they have is shown right on the coin(face value).
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Moderator
 United States
23522 Posts |
Bravo, coppercoins.
Benji, is your thumb getting sore from pushing those buttons yet?
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Bedrock of the Community
United States
14454 Posts |
Jorgy, that is exactly what point is trying to be made here. And if I haven't said so yet, Welcome to the forum.
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New Member
United States
39 Posts |
Wow Chuck...you really know how to kick a hornets nest don't ya. I am completely green to coin collecting and you are changing my mind about how to spend my spare time. I think I'm just going to throw all these coins back in the closet and go out fishing. I have been reading and learning for months now, trying to get an idea of how to properly catalog all of these loose coins I have. I guess what your saying is look at the " Red Book" and if the error is listed, keep it. If it is $.10 keep your best one for the book and roll all the rest and bring them to the bank. Or would I be out of line to roll them up and list a roll of wheat pennies on ebay for say, starting at $5 (their numismatistic value) and the roll brings $25 at auction. Should I feel guilty or morally corrupt for taking that bidders money....after all I started bidding at $5 and others are placing a value on the item I listed? I have a buddy that goes to every yard sale or garage sale he can find looking for "Bingo fishing lures". Myself years ago I threw away a bucket of them, because they were worthless old fishing lures. He buys those worthless lures (as I call them) and lists them on ebay for $.99 and some of them have earned him as much as $200. I thought at first that he was ripping people off, until he showed me an email (one of many) from a happy customer that said he was a collector and has been searching for that model Bingo lure for years and was so happy to win it on ebay for only $145. We are the only ones responsible for placing a value on anything.....at least in my eyes. I could say that you (and I mean no disrespect to you) are cheating people at your business for selling a penny for more than a penny, after all it is only $.01 worth of US currency. But you do supply a legitimate product to the other collectors of what ever they may collect (Die Cracks,DDs, etc). This is not to say that ebay is not full of people taking advantage of people by setting buyers traps and miss-representing the items that they are selling. They are the true thieves and I do have no respect for them at all. As for people that honestly list their items and they bring 100 times their worth (the worth I place on the item), I say....GOOD FOR YOU!! Mark |
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Pillar of the Community
United States
936 Posts |
I agree with Mark, if you put something up for sale on ebay for .99 and people bid that up to $100 good for you! Heck there are people who sell finger nails, dirt, souls, and whatever else they can take a picture of and people buy it. I can understand Charles passion for his trade, I am an electrician, we all take a different kind of pride in what we do, we also disagree on a lot of theories and methods of installation. I always hear of people getting riped off by some unscrupulous contractor, my advise to them is to get 3 quotes and word of mouth. I went to a ladies house the other day and she said her plug was not working, it turns out her surge suppressor was turned off, I could have charged her $106 for showing up, instead I told her to give me a call when something is really broke and have a nice day. I am a firm believer in karma, those unscrupulous coin dealers and contractors will get whats coming someday. Edited by chrsb
09/02/2007 1:18 pm
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New Member
United States
39 Posts |
Bravo "chrsb" I am exactly like you in this respect, what you do in life will come back to you (Good and bad). And it's ironic that you should bring up your trade as I am also an electrician of 35 years.
Mark
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Pillar of the Community
United States
2600 Posts |
Chuck, if you were to add the caveat to the presumed value of these coins as "currently worth" I could support you wholeheartedly. It is people who find value in things others cannot see that eventually become the next great valuable collectible. I have a very good friend who fell in love with old wooden hunting decoys back in the 50s & 60s. So much so that he carried a dozen plastic decoys in VW Bug as he traveled up and down the "Eastern Shore of Md, DE and Va" and would trade them for these old beat up wooded decoys. People laughed at the guy that was trading new decoys for old broken worn ones. If you would care to see them, a great number of them are on display in the Ward Foundation of Wildfowl Art in Salisbury, Md. They are worth, well a lot even though someone scoffed at them yrs ago. A very few saw something in them, call it folk art, but they saw value when no one else did. Today, Wards, Watsons, Mitchells and dozens more are selling for 10s of if not 100s of thousands of dollars. I expect that it hurt his feels when others chided him for wasting his money on junk. See it had value to him and that is all that really matters. So as in this instance, "one man's poison".
Jim
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Pillar of the Community
United States
2600 Posts |
And, no thank you, I am not interested in them.  Jim |
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Replies: 35 / Views: 3,367 |
Posted 09/01/2007 10:54 pm
