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 Replies: 40 / Views: 6,692 |
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Pillar of the Community
United States
7375 Posts |
Looks cool, but not sure it's worth a cool million.  123731951483 |
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Valued Member
United States
206 Posts |
Crazy price, might be in the thousands, possibly even tens of thousands but for sure not worth that price in my opinion.
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Pillar of the Community
United States
789 Posts |
" We have seen many multiples of 1913 Liberty nickels, 1804 silver Dollars, 1894s Barber dimes... All multi million $ coins! This coin is in a class by itself......only one coin in existence! Quite possibly ....the rarest coin ever struck by the US Mint in Philadelphia." Let's look at the numbers: 1913 V nickel : mintage 5. 1804 silver dollars: possibly 36 known pieces. 1894-S Barber dimes: mintage 24, 5 destroyed by assay. So, the 1964 Jefferson five cent piece has a mintage of 1,024,672,000. Over 1 billion. This coin is one of those. The other coins mentioned were al struck intentionally, this nickel is an error. It should have been destroyed at the mint. Maybe I'll buy it and destroy it. |
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Pillar of the Community
 United States
5770 Posts |
 But at least the buyer will earn $100 bucks in ebay bucks!!  Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
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Moderator
United States
54280 Posts |
Might be a Denver Mint coin...
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Pillar of the Community
United States
5825 Posts |
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Moderator
United States
187702 Posts |
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Pillar of the Community
United States
789 Posts |
Quote:
Might be a Denver Mint coin... The thought never occurred to me: 1964-D Jefferson nickel mintage : 1,787,397,160. Over 700 million more than the already bloated number of plain 64's. The 1964-D Jefferson holds a special place in my heart. When I started collecting around 1967, I noticed that a lot of the nickels in circulation were the 64-D's. When I looked at the mintages, I realized why. That got me to realize that coins with mintages in the billions (or even as low as the hundreds of millions) will never be rare. This sent me down the torturous path of early US coins, which led to Colonials, which is leading to ancients. |
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Bedrock of the Community
United States
20753 Posts |
Makes me wonder how many are really out there. So few people look at both sides of a coin.
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Bedrock of the Community
United States
94367 Posts |
Good point.  |
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Pillar of the Community
United States
1667 Posts |
Hmmmm. I dunno. I mean, It's a brockage at the end of the day, a really nice brockage, but still a brockage. Worth maybe 300-$600 bucks I'd guess. I mean what's a coin shop in michigan doing with it on ebay if it were actually worth $1.5 million? It should be at a legit auction house. I don't even find a recent sale of it's NGC number so it was traded privately. Richard Stiles is some coin shop owner in Michigan, NGC will put anyone's name on a label if you pay them to. I can't imagine any error coin being worth more than $3000. It's a one off technically a damaged coin where a coin that was just struck gets stuck on the die, then the next coin comes in and it gets a reverse image of the previous coin. |
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Bedrock of the Community
13014 Posts |
Quote:
So, the 1964 Jefferson five cent piece has a mintage of 1,024,672,000. Over 1 billion. This coin is one of those.
Which isn't an accurate way to look at it at all. That's like saying the 1913 V nickel isn't worth anything because the date doesn't matter. The error coin is in no way comparable to the normal ones. Quote:
Worth maybe 300-$600 bucks I'd guess. Not even close. Five figures minimum. 1.5 mil almost certainly not, though errors are the kings of whatever someone is willing to pay, but that listing is getting a lot of attention and advertising that is likely turning into sales on other listings. Quote:
I can't imagine any error coin being worth more than $3000. MANY error coins are worth more than $3000. |
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Pillar of the Community
United States
789 Posts |
Quote:
Quote:
So, the 1964 Jefferson five cent piece has a mintage of 1,024,672,000. Over 1 billion. This coin is one of those.
Quote:Which isn't an accurate way to look at it at all. That's like saying the 1913 V nickel isn't worth anything because the date doesn't matter. The error coin is in no way comparable to the normal ones. Well it's the truth, which I have found to always be more "accurate" that anything else. How is the error coin in no way comparable to the normal ones? It was struck in the same year from a common set of working dies. It's an embarrassing mistake that got past quality control. The federal Government should seize it. |
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Bedrock of the Community
13014 Posts |
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How is the error coin in no way comparable to the normal ones? Are you actually serious? How is it different, really? Quote:
It's an embarrassing mistake that got past quality control. The federal Government should seize it. Ahhh there it is. You don't like it so it should be worthless is that it? It's so exhausting the "prices should be what I want and collect how I want" mentally is Edited by basebal21
04/17/2019 03:33 am
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Bedrock of the Community
Australia
21786 Posts |
Not that rare. I have seen a few nice reverse brokages of this quality, in non U.S. coins. Needs to be authenticated by Mint authorities. The Royal Australian Mint provides such a service for Australian coins. If genuine, may have a value of around $500. Only a genuine public auction would provide the best test of a sale price. Certainly not ebay in this case. It is just a 'try on', if going for a $million, even if proves genuine. Certainly not ethical if, by some chance, it gets a $million. Let's hope it is just an advertising (marketing?) stunt. |
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Pillar of the Community
United States
5770 Posts |
Quote:
Let's hope it is just an advertising (marketing?) stunt. More than likely. IMHO I agree with you on your other points as well. Would we be posting about it if it was only $500? $1,000? $10,000? Probably not. The seller wanted hits and visits on their site, which they have gotten. BTW- If people think about it, a coin with MD is one of a kind, because no two are exactly alike and they have almost no value. Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
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Replies: 40 / Views: 6,692 |
Posted 04/16/2019 07:28 am
