MD Errors On Cents ...are These Just Considered Errors With No Value

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Author	Replies: 15 / Views: 2,015
tomasal Valued Member United States 76 Posts	Posted 10/28/2017 11:51 pm It seems like all the money errors have some story behind them tied to an event. As I look at machine errors that can often create unique coins, they seem to have no value because there's no story. Am I wrong? Give me any thoughts on the attached pics. * Edited by Staff to Add Year / Mintmark / Denomination to Title. Titles are Important! * Report this Post to the Staff

spru Bedrock of the Community United States 12477 Posts	Posted 10/28/2017 11:54 pm That looks more like Die Deterioration Doubling than Machine Doubling. In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024 Report this Post to the Staff
tomasal Valued Member United States 76 Posts	Posted 10/28/2017 11:55 pm So still worthless? Report this Post to the Staff
Tunnioc Pillar of the Community United States 3179 Posts	Posted 10/29/2017 12:05 am To me it looks like some kind of environmental staining causing an illusion of doubling! Report this Post to the Staff
tomasal Valued Member United States 76 Posts	Posted 10/29/2017 12:08 am I am not sure what "environmental staining" implies. These are uncirculated coins. Would that occur at the mint? Report this Post to the Staff
Crazyb0 Rest in Peace 10197 Posts	Posted 10/29/2017 12:11 am Tomasal, Error coins are really in two groups, mechanical errors and Production errors, each has it's own characteristics and unfortunately some have a very arbitrary value. When a "mechanical" error is just a normal product of coin stamping, case in point, MD, No, there is no real value applied. They fall into a random type error, not all MD events are replicated, some may be similar, not exact. When machines experience a catastrophic failure such as a broken die edge, a " Cud" is formed and can then be repeated, getting worse as the die collapses further. These "errors" then are the Production errors. That's why I wrote a book about them. WVolume 2 will hopefully be ready to put up on site by end of week. Look for it! Edited by Crazyb0 10/29/2017 12:12 am Report this Post to the Staff
tomasal Valued Member United States 76 Posts	Posted 10/29/2017 12:12 am This article answered my question to a certain extent. http://www.numismaster.com/ta/numis...icleId=26835 Report this Post to the Staff
Chase007 Pillar of the Community United States 7514 Posts	Posted 10/29/2017 12:13 am Quote: So still worthless? No, still worth One Cent. Take a look at some of the MD's in the thread below,it'll give you an idea as what could bring some premium over the face value.To be honest with you the MD's have their own audience and those who would pay above the face value and do collect them and those are usually the dramatic ones. http://goccf.com/t/284460 Edited by Chase007 10/29/2017 12:14 am Report this Post to the Staff
tomasal Valued Member United States 76 Posts	Posted 10/29/2017 12:14 am Thank you Crazyb0 I am learning I guess. I seem to waste a lost of time of on these errors that are more machine related and a bit useless. Now I know. Report this Post to the Staff
tomasal Valued Member United States 76 Posts	Posted 10/29/2017 12:20 am Chase007 Thank you. I just read through it and it is also helpful. I guess that there's always a novelty crowd out there willing to pay for the freak show. I might put them out there to see if anyone bites. I still enjoy the coins that lean towards perfection and certain tone coins...latter may not be valuable but it's for my enjoyment. It's very much the same reason why folks may still buy these types of error coins Edited by tomasal 10/29/2017 12:21 am Report this Post to the Staff
Crazyb0 Rest in Peace 10197 Posts	Posted 10/29/2017 01:26 am It takes time to learn and pick the good ones, that's why they're called professional cherry pickers. They've spent their time in the learning trenches. Until ya do that, you have no business being selling until you know what it really is, just take a look at ebay! They scare away more potential buyers every day sellin' snake oil error coins! Edited by Crazyb0 10/29/2017 01:31 am Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 10/29/2017 04:15 am Check out this link,it shows worthless and the one that have a premium http://koinpro.tripod.com/Articles/...Doubling.htm John1 Report this Post to the Staff
tomasal Valued Member United States 76 Posts	Posted 10/29/2017 07:24 am Thanks for educating me folks. One thing that I read in one of Ken's article, which brings it all together is as follows: "On the valuable doubled-dies like the 1955 cent, the doubling is on the die itself that strikes the coins and every coin struck by it shows identical doubling. That is why populations can be counted and verified. There is no other cent identical to the 1989-D shown here." Basically, there's a method to verify and estimate the coin and scarcity, which I guess adds credence to the value. Obviously, the more popular DD (that looks like eye candy) has the supply and demand factor behind it as well. Everyone wants them in their collections. Edited by tomasal 10/29/2017 07:35 am Report this Post to the Staff
Crazyb0 Rest in Peace 10197 Posts	Posted 10/29/2017 11:25 am Tomasal, SHUSH! that's the dirty little secret of the fraud ebay error coin seller! If everybody would learn that then I wouldn't have any fun sending them sarcastic letters anymore! Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 10/29/2017 12:32 pm Tomsal, you have just demonstrated a pretty darn steep learning curve in a single thread. You'll be OK. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 10/29/2017 2:17 pm For sure! to the CCF! Report this Post to the Staff
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