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 Replies: 18 / Views: 2,276 |
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Pillar of the Community
United States
3463 Posts |
I just saw this auction on ebay, and I am shocked! http://www.ebay.com/itm/1957-D-LINC...em2ee3767dc5I have seen these sell before and have watched the prices, even minor doubling can bring a couple of bucks. Is there a new market for these with the new generation of collectors?
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Pillar of the Community
United States
6478 Posts |
That is the strongest I have ever seen. I don't think I would pay that much. I am pretty sure when it gets that extreme that it is slightly collectible.
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Pillar of the Community
 United States
3463 Posts |
I've seen them with strong doubling like that. I still have some around in a box somewhere. Maybe it's time to dig them out!
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Pillar of the Community
United States
740 Posts |
Don't forget, it's shiny too! Agreed, it is shocking. At least the seller listed the coin as Machine Doubling and didn't try to fool anyone. And it seems to have started at $0.99 with multiple bidders. If someone wants to pay $40 on a pretty penny knowing all well what it is that's their choice and our reward Edited by BlueSolo
07/18/2015 02:40 am
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Pillar of the Community
United States
4809 Posts |
It is a curious phenomenon. I suspect that folks buying these aren't familiR with MD. They can't claim to be duped since lister notes MD and appropriately established a modest price for it ($.99?). I've seen nickels from the past 15 years or so with MD listed as actual 'doubled die' and 'rare' listed at the bay. I suspect the listers don't know that MD is damage. I've contacted a couple listers to inform and they pulled the posting down.
But it is crazy what folks are buying and the prices they pay. I feel if you list a MD coin as such and it is an interesting specimen then collecting a premium is fair. I wouldn't do it but others might.
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Moderator
 United States
56855 Posts |
Wow-Wow-Wow. I hope the buyer is happy. It is a nice MD,I would keep it if I found it CRHing.I wouldn't even think it had a collector value. I know that the Canadian market kinda likes them though on Canadian coins that is. John1  |
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Pillar of the Community
United States
538 Posts |
With this being the case, it is hard to tell how much money I have tossed back into circulation.
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Valued Member
United States
486 Posts |
i saw this the other day too. it was at 12$ when I saw it and I was even surprised at that... wow
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Rest in Peace
United States
7075 Posts |
It's shiny and appears to have a little rotation going on as well.  I'm with John1 on this. I'd keep it if I found it but I wouldn't buy it. |
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Valued Member
United States
259 Posts |
Wow, I have at least a few LWC's with this degree of MD on them. Looks like its time to open up the ebay store again, even though I despise ebay as a seller. Love it as a buyer though. |
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Pillar of the Community
United States
3546 Posts |
This is simply incredible and totally unexpected:...another source of uncharted and fortuitous income... Gosh, I've pitched so many of these things in the exclusive pursuit of DDOs and DDRs.  Well, as they say, "live and learn" is the phrase of the day. |
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Bedrock of the Community
United States
62064 Posts |
How would you feel if you paid that much for a coin and later found out it was not what you thought it was? That is why I wouldn't sell them.
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Pillar of the Community
United States
4809 Posts |
 Nobody likes to feel that they have been duped. |
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Pillar of the Community
United States
3463 Posts |
The seller clearly stated what he was selling, and I think the buyer knew what he was buying.
I think new collectors want these types of errors and are willing to pay for them. Collectors set the prices for all coins, maybe this is a new market.
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Pillar of the Community
United States
1249 Posts |
Yeah the seller clearly listed it. If people want to pay that much for something then that is up to them. I have a few extreme MD. Examples I have kept I thin I might put them up as well and see what they get. I got told on here they are worthless haha. And no they didn't say no premium for those of use that try to cover other people. haha they said worthless. Glad I kept them even $10 for one will be a good fetch for something worthless.
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Pillar of the Community
United States
3463 Posts |
I do agree with Coop about selling them to buyers who think they are getting something better than what it is. There are too many crooks on ebay, and many list this error as a doubled die, which is a lie. Honesty goes a long way! |
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Replies: 18 / Views: 2,276 |
Posted 07/18/2015 02:13 am
