1970 S Proof Set With 4 Of 5 Error Coins Post 1-Of 4

Idk what exactly is going on here other than md but wow those new pictures are pretty nice.

Nothing then to learn a new Lexicon:
1.DDO and DDR are now Errors
2.Hub broke
3.Rim Retained Lamination
4.Coins are now Punch and not anymore strike.
5.Occluded gas.
6. reed Cuds
7. S/S This it is the discovery of the century. The last RPM was 1969-D Quarter and I have in MS-66 PCGS and it is a really mystery why because 1968 was the last year to punch the MM manualy.

So much noise for a set value at 7$, but with this ebay crazy terminologies must be more.

Hi Silviosi

I learned these error terms in the US Error Coin Guide - 2023 and from research on the internet. I'm not sure why this would constitute a new lexicon for any seasoned or amateur coin enthusiast. The book has 1000's of reviews and none I read say the terms in the book are not errors. I'm just getting the hang of coin observations. I've gone through around 500 acquired coins from my late father in-law of all denominations from the 1800's to present. It's confusing because there are at least 10 opinions and prices thrown around from a myriad of sources on every single coin that seems interesting enough to research and in good condition. There is A LOT to learn and wide ranging ideas on each coin but I've studied for 4 months every single day learning terminology to determine pricing because we will sell the collection. I know this is a great community I've turned to for information and think it is based on many recommendations.

Not sure why you're thinking it is a lot of hype over a set valued at $7 when I describe errors in great length on all 5 coins. Aren't error S mint mark coins worth more in MS condition than just a fraction over face value? Auctions I've seen and done research on say they are. I spent days researching them, days looking at them from all angles and lighting, 4 hours photographing and updating my post yesterday. An additional 4 hours was spent posting the original. I'm new to this so if my terms are off, I do appreciate anyone telling me in a nice way and have gotten a lot of great direction from several members so far.

One of my questions about the set is this: Would the coins be worth more out of the original proof set or taken out and sold individually? There are examples online on the dime and nickel for $1500 to $2500. However, it is pretty astonishing all 5 in the set have errors. I'm betting the set must be worth something more than $7 sold as is. The quarter, nickel and dime are at least MS 66 or 67 and with errors. I'm sure some collectors not looking for perfection would pay much more than face value for the penny and half dollar with their respective errors.

Another question is where would someone novice like me sell these coins, at auction or individually online? What are the best auction houses to do this?

P.S. One term I used was incorrect in yesterday's post. The error listed for the quarter RIM Cud was mistakenly written as "reed Cud". Please see pictures attached from the 2023 guide book.

Wow, I have a headache and can't believe I've spent 2 hours putting this presentation together about error terms. Not sure how much more time I want to put into this coin project. Seems like I'm getting NOWHERE and will lose money vs the opportunity costs of not doing something else with my time. EYE ROLL...REALLY!!

Thanks,

Shuddle10

You have proof coins not business strikes. You can't compare proofs to business. You can't compare cents with halfs. Silvio has it right. If you think you have something, send it to one of the auction houses. Utube is not a place to learn. I better stop now. Remember to come back here to show us what your coin realized in the auction.

@ Dowhat

Was not manually. I know from where you come with this, but it is an wrong interpretation.
Yes, the Dies was MM punch separately till 1989 but not manually, was mechanical. A small but big difference because from 1969 was eliminate the RPM's.

Many was took out, but mechanical do not mean eliminate 100%. If the punch tilde? Same as the single squeeze Die. Was believe no more DD's, but we can find from time to time.