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 Replies: 15 / Views: 1,807 |
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Pillar of the Community
United States
751 Posts |
PLEASE, when you post a topic about a coin you suspect may have an error, PLEASE DO NOT ASK WHAT IS IT WORTH, OR WHERE CAN I SELL IT.
This is a sure way to get your post deleted.
Several interesting coins have been posted, and the discussions were not completed, when the Moderators removed the topic.
IF your coin is valuable, or desirable, someone will tell you so. It is against forum rules to suggest selling a coin in your topic.
Personally when the first thing I read in a topic is; "How much is it worth." I get the impression that the poster of that topic does not really care about collecting, but just finding coins to sell. That in my mind is NOT the spirit of collecting. Most common errors are worth face value, even rare variations of mint errors are in some cases not Valuable, and only reach a small premium. As far as the really rare coins are concerned, the chances of finding one in a roll search, or pocket change is extremely rare. If your goal is to get rich off of a rare coin, you will do better if you buy a lottery ticket, the odds are more in your favor.
I personally feel the point of this area of the forum is dedicated to getting to the bottom of whether the coin is an error or not. Not how much a coin is worth.
So that all questions can be answered, please do not off er buy, or sell a coin in your topic.
Dan
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Bedrock of the Community
United States
74494 Posts |
I completely agree with you Panther. I absolutely hate it, when people say this. In my opinion, it seems like they're too desperate to make quick money. That's not really how this hobby works unfortunately. It would take a ton of searching to find something worth a lot of money (which is pretty rare).
Errers and Varietys.
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Pillar of the Community
United States
3486 Posts |
"WHAT IS IT WORTH?"
An honest question. Many ordinary people who are not collectors
may be faced with coins that they do not understand.
WHERE CAN I SELL IT?"
On the other hand this question raises a lot of red flags!
Before I clicked on this post my radar went off and sirens
began to wail. It smelled bad....
So I am in agreement with Panther. Selling coins, while part of the hobby, should remain apart from posts seeking knowledge.
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Bedrock of the Community
United States
62064 Posts |
The honest question a new poster should be. "What is this?" That way he/she could get a response. If you got a price for something, there are too many situations that a coin could be worth more or less. Depending on condition, coin wear, demand, damage to a coin. All these would need to be considered first. Best to learn what you have and build from there. There are so many new things, we are all learning more every day.
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Bedrock of the Community
United States
94367 Posts |
Good thread, Dan. Many of us feel exactly the same way, but "talking down" to a newbie doesn't seem like a good first step.
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Pillar of the Community
United States
710 Posts |
A coin is worth... a value you have put on it, to keep for your collection... or typically what someone will pay for it to add to their collection. If you may have found something you don't want to collect...I don't see a problem in selling coins you have found along the way, but aren't collecting. I mean a lot of time goes into looking and learning and finding, that's for sure. There can be value in cherry picking and removing errors and varieties from circulation. Yes, it is a hobby, but can be a hobby with value :) I do agree that this forum should be dedicated to learning and finding and collecting... rather than selling, since there are other forums to do that. But most people come in here with no base of knowledge, hoping they are gonna find something to make them rich... and as said that is "rare" and takes knowledge of what, where and how to sell. It is not an overnight thing.  |
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Pillar of the Community
United States
2624 Posts |
I would prefer in the poster would stick to finding out if the coin is "something". If they ask after confirmation I think that is then a fair question. The ones that get me are the ones who get confirmation and run to ebay listing at some crazy price. |
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Pillar of the Community
United States
4692 Posts |
Now, such posters have just never heard of this brand new website called google! How they made it to this website, is a mystery to me!
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Bedrock of the Community
United States
17884 Posts |
What is it worth = whatever you can get for it. Where can I sell it = ebay. |
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Pillar of the Community
United States
3003 Posts |
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Pillar of the Community
 United States
4593 Posts |
25c, 7-11 or CircleK
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Bedrock of the Community
United States
10038 Posts |
Sorry, I am on the other side of the coin here. Maybe its from teaching all my life. Newbies come here b/c they probably googled to find where some experts are who could answer their questions. Non coin collectors probably ARE trying to make a buck...and? I suppose if one of us finds an unusual whatchamacallit we don't try to find value also? And when google turns up a forum of experts, do we filter those forums of experts out because we think we might offend the ideals of the expert wathchamacallit hobby?  Even though a newbie might only be posting a steel 1943 cent in circulated condition, at least they can get an idea of some of the coin history and maybe then find some interest in the hobby. Maybe though rare, the newbie might have something. Its our opinions which means the coin gets put into the hobby to be admired rather than being undiscovered. |
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Valued Member
United States
175 Posts |
I'm in agreement with Earle42 on this. Let's say you inherited a gold watch or some other item that you are not knowledgeable about its value. Most people would search the web for information on the watch and WHAT'S IT WORTH. Just because you want to know the worth of something doesn't necessarily mean you are actively looking to sell it but you might want to in the future. Where to sell the item is a natural follow up question. Not everyone is a collector but a site like this provides valuable information so someone can make intelligent decisions down the road. |
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Pillar of the Community
United States
6116 Posts |
There are, broadly, three reasons why objects are interesting or important to people. Personal value - it sparks interest or curiosity, it's a status symbol, it's beautiful, it's rare, and on and on. (Ex: a 1969 Chevy Camaro SS) Societal value - historical value, scientific value, etc. (Ex: King Tut's mask, moon rocks) Monetary value - it can be traded for money to buy other wants/needs. (Ex: almost everything) It has always seemed odd that only the first two values are considered acceptable topics here. Even if you aren't selling your Picasso it is important to roughly know its value to know how to treat it properly as far as storage, display, insurance, etc. It is one of the first questions one asks oneself when thinking about acquiring anything, "how much is it?" With collectibles, there is always the sliding scale of is it worth more to me to sell it or keep it. So why do we frown upon discussing this, especially with non-specialists who often come here because it is where people would actually know the answer they are looking for? Anyway, suggesting "Google" as the answer to finding a coin's value is kind of circular as that is almost certainly how the person found this forum, while asking exactly that question of Google. Now I'm wondering just how much it will cost to buy that "I'm with Earle42" t-shirt  |
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Pillar of the Community
United States
2624 Posts |
Quote:
I'm wondering just how much it will cost to buy that "I'm with Earle42" t-shirt Never saw one of them.  Maybe coop has a pic of one?  On the serious side: Quote:
it is important to roughly know its value to know how to treat it properly as far as storage, display, insurance, etc I did ask one poster if they were seeking a value for insurance. On the other hand we often offer advice on storage without being asked. |
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Forum Dad
 United States
24167 Posts |
Quote:
Now, such posters have just never heard of this brand new website called google! You realize the entire purpose of this forum is to share numismatic information right? A huge part of this hobby is value, whether you like it or not. Any member here that answers a question with "Try Google" will get an email from me. If they want to ask what it worth, so be it. If you don't like the question, just don't answer. They're here and that is what we want. |
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Replies: 15 / Views: 1,807 |
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Posted 05/29/2019 2:11 pm
