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Error Coins And Old Coins.

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jzumbamascaro's Avatar
United States
2 Posts
 Posted 02/09/2016  01:53 am Show Profile   Bookmark this topic Add jzumbamascaro to your friends list Get a Link to this Message Number of Subscribers
Since I have recently sold my grandfathers' coin collection it spurred an AVID affection for collecting coins for me. On that note, I have saved up numerous amounts of coins scaling them for errors and the like hoping to find the needle in the haystack. I went to a local place that does grading (I'm waiting to hear back on my 1899 Morgan S). I went back a few weeks later with coins of which some I am sure of have double die errors among many other errors. For example, I had a 1936 wheat back that was clearly missing letters here and there. Although I do realize it is a circulated coin, I think it is quite obvious to tell what is a wear issue and a true error. The guy seemed so iffy and unsure about even bothering looking into my request. I took back way more coins than j had and had him wrote up a receipt to let me know if they are even worth grading. I would like some guidance as to how I confirm my claim and where to go to have these "errors" evaluated and possibly sold. I realize I am a novice but I have also done my research, EXTENSIVELY (long story). The short version is because of the situation I was in I brought my grandfathers' coin collection to a guy who was recommended by a few different people. Since then (that was back in Oct. 2015) I've seen so much information on the internet indicating this man made a FORTUNE of off the collection in comparison to what he offered me. I feel like if a coin isn't dated 1961 or earlier nobody wants to bother with its worth, even if it is an error. How do I get people to take me seriously or realize there is real value in true error coins? Thanks guys....
Also I will post pics of certain items I have if anyone is interested in seeing someone my examples.
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tweak800's Avatar
United States
1249 Posts
 Posted 02/09/2016  04:14 am  Show Profile   Bookmark this reply Add tweak800 to your friends list Get a Link to this Reply
I am not sure what all to say. You want to collect coins but you sold your grandfathers collection?

How do you even know what he had ?

Also what do you mean how do you get people to take you seriously. If it is a real error anyone who is going to purchase it should know what it is worth. If it is a real error and they don't take you serious then they aren't your target consumer.

We always want pics but we also want to know what exactly you are talking about . There are many errors some basically add no premium and others add a lot. Also depends on the coin it is on.

What do you mean coins before 1961. 1: they stopped making silver in 1964 so if there is any cutoff that would probably be it. Also Tell the 1969s DDO-001 LMC that its worthless or if you have one I will give you $40 :/ .


Ok the coin missing letters is most likely a Grease Filled Die and they arebasically worthless unless a bunch of the coin is missing. Most of us here could tell you what error is what and give you a value on also. I buy collections whenever I can but I don't sell coins unless I have duplicates
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Rackster's Avatar
United States
4809 Posts
 Posted 02/09/2016  06:45 am  Show Profile   Bookmark this reply Add Rackster to your friends list Get a Link to this Reply
Unfortunate that you got interested after you sold the collection. Unless your grandfather needed fast cash you probably did sell at a fraction of what the collection was worth. If you hang here and do expanded reading you will get your answers. Although buyers won't generally pay full price you will do better on your next sale. And on that point, be sure to read the forum rules with regards buying and selling.

Edited by Rackster
02/09/2016 06:47 am
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 02/09/2016  10:28 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
If you can provide photos of the coins I'm sure you will find that we are capable and willing to give you an honest evaluation.

And
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