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 Replies: 13 / Views: 1,350 |
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New Member
United States
18 Posts |
So the 1955 poor man double die error Wheat cent. So to my understanding this coin is not recognized as an error. Just wondering why they sell them as errors. It is listed on ebay as a 1955 poor man double die error Wheat cent penny. |
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Pillar of the Community
United States
1807 Posts |
Probably because they don't have any other category to list it under to catch the eye of those interested in such a coin.
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Pillar of the Community
United States
1807 Posts |
And  to the forum James97 |
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Bedrock of the Community
United States
10982 Posts |
James97, I'm curious why it would be called "poor man error" because from the prices I've seen on these, no poor man could afford to buy one. Do you have a link to the auction? |
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Bedrock of the Community
United States
19935 Posts |
Those are simple die wear issues, NOT errors. They sell them as an "error" so they can sell them. LOL
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Rest in Peace
United States
1943 Posts |
James, welcome to the forum. This is a good question and unfortunately the answer is ebay is a terrible place to get your information from. The sellers on ebay are people who want to get the most money they can for what they are selling. Accuracy is not as important as bids. Keep reading the posts here and learn from them. Eventually you look at the error section of ebay and start to pick out the ones that are simply damage after the coin left the mint or are common occurrences on coins and are not valuable. |
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New Member
 United States
18 Posts |
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Pillar of the Community
United States
2540 Posts |
They sell them because people buy them. Value= $-0-. On ebay? Priceless. |
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Pillar of the Community
United States
1882 Posts |
As others have said, it is not an error. But in defense of the most sellers, they don't typically list them as an error (I just looked at several on ebay to check). And they aren't trying to pull down big bucks for them; they can easily be had for a couple of bucks after shipping. I imagine some folks use them as hole fillers, knowing that the real McCoy may never join their collection. Others may use them as a reference as an example of Machine Doubling. Just my 2 cents on the matter... |
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Bedrock of the Community
United States
17884 Posts |
Quote:
Just wondering why they sell them as errors. Because people who don't know any better send them silly amounts of money for them. |
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Bedrock of the Community
United States
20753 Posts |
The fact is that in most albums for the Lincoln Cent there is a slot for the 55 Double Die. This one cost a lot of money so many people look for a coin to put in that slot to just fill it in. Of course they could put in a 1978 cent or something like that. But it sure is nicer to have a real 1955 coin there. AND they can tell unknowing people that that is a form of the famous Double Die. I have an entire roll of thoes. Of course I got them in change when everyone was saying their a joke and not worth anything. Even on the https://www.coppercoins.com web site Chuck used to really knock that coin as worthless. Today they sell for a lot of money in great conditions and even a decent $20 in poor condition. Everyone wants them for those albums. Price and demand you know. |
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Pillar of the Community
United States
7629 Posts |
I still knock them as being worthless, and the only people who would spend any money on them are the uninformed who don't realize that better than half of all 1955 cents display this form of die wear to some degree. I have nearly 20 rolls of them that I saved through time to give away to people who wanted to learn and know the difference.
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Valued Member
United States
406 Posts |
Wait a minute coppercoins, I bought a ms-65 one from your store!! Only paid about $1.00 for it, I was interested in what the experts example looked like. I still like it though! Thanks for the great coins!
BD
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Valued Member
United States
104 Posts |
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Replies: 13 / Views: 1,350 |
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Posted 01/04/2009 6:40 pm
