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New Errors? Are They More Common?

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Dugupdandys's Avatar
11 Posts
 Posted 09/05/2019  4:07 pm Show Profile   Bookmark this topic Add Dugupdandys to your friends list Get a Link to this Message Number of Subscribers
My question is are the new errors like the snow on roof homestead or the chip under the kayakers arm on the apostle island quarter are they so common to not be worth anything. or should we be holding on to them.
also is the die cracked homestead quarter without the full chip (what I call light snow) worth keeping?
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Tanman2001's Avatar
United States
4404 Posts
 Posted 09/05/2019  4:21 pm  Show Profile   Check Tanman2001's eBay Listings Bookmark this reply Add Tanman2001 to your friends list Get a Link to this Reply

Quote:
they so common to not be worth anything


I believe so. Die cracks and chips are extremely common on coins. Very little interest in them so very little value.

Although you can collect what you want. If you like them you can keep them. They're just not going to have much, if any, value above face if you go to sell them.
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Dugupdandys's Avatar
11 Posts
 Posted 09/05/2019  4:40 pm  Show Profile   Bookmark this reply Add Dugupdandys to your friends list Get a Link to this Reply
That makes sense. are the west point quarters the only modern coins worth keeping? besides clad errors and broad strikes. what should we be looking for?
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silverwolf's Avatar
Canada
3733 Posts
 Posted 09/05/2019  5:20 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
my best advice would be to check on ebay, and see what die chip coins, etc, are selling for, check the sold section, not the section where people are over pricing items, then you will know, how much coins are selling for.
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Tanman2001's Avatar
United States
4404 Posts
 Posted 09/05/2019  5:22 pm  Show Profile   Check Tanman2001's eBay Listings Bookmark this reply Add Tanman2001 to your friends list Get a Link to this Reply
Low mintages (West Point included), die varieties (doubled dies and mintmark varieties), and major errors (off-center, broadstrike, Cuds, rotated dies, etc.) are probably the best ones to look for. If what you mean by "modern coins" is coins that may still be in circulation.

There are some types of minor errors like die chips and cracks that may have some interest. "Spike Head" die cracks and "BIE" die chips are collected by a handful of people although value will likely never exceed a few dollars.

Cuds and Pre-cuds are technically just extreme examples of die cracks and breaks where a portion of the die is breaking off, these are especially popular and major examples would absolutely be worth keeping.

Trail dies and die clashes are similar in that most minor examples are very common and rarely collected but extreme examples (Like radically misaligned clashes, counterclashes, and trail dies that cover most of the design) are likely to have a lot of interest.

Edit: I agree that ebay sold listings is a good way of judging the value of coins.
Edited by Tanman2001
09/05/2019 5:24 pm
Pillar of the Community
United States
3207 Posts
 Posted 09/05/2019  6:22 pm  Show Profile   Bookmark this reply Add nick10 to your friends list Get a Link to this Reply
People are looking closer at their coins than ever before. Sometimes it seems coins with some sort of anomaly are more common that ones without. IMO unless a variety can be seen with the unaided eye it is unlikely to ever be worth much.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 09/05/2019  6:59 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
And of course, the staggering mintages of today's regular issues create almost endless tiny differences, the vast majority of which will deservedly never carry any premium value.
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moxking's Avatar
United States
17900 Posts
 Posted 09/05/2019  7:11 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Varieties and errors are valued more for the ease of view than for their rarity. 1955 DD LWC is scarce, not rare, but earns big bucks because it's very evident.

A coin that is unique with a tiny die chip and with no other examples ever having been seen is very rare. But no one really wants it.

With microscopic examination so common on coins almost every coin will have some tiny problem. If you blow up a cent to the size of a billboard, you'll find SOMETHING wrong.
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Errers and Varietys's Avatar
United States
74356 Posts
 Posted 09/05/2019  7:17 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Die Chips will generally only carry value, if it's huge, like this one. http://goccf.com/t/321821#2742168
Errers and Varietys.
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Big-Kingdom's Avatar
United States
1667 Posts
 Posted 09/06/2019  05:03 am  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
Really depends. For the most part the more minor it is the less valuable it is and then there is how common it is as another factor.

Snow on roof, in God we rust, spitting horse, speared bison, earring washington, leaky bucket the list goes on and on, but if people will buy them for a buck or two or $5 and as long as you aren't being deceptive I don't have a problem with it at all. Some people want to collect that kind of stuff. I don't think you'd be able to sell something like those to a coin dealer but a buck or two or five on ebay to someone, yeah probably there's a buyer.
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