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Errors- Trivia(Not Really)

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habiru001's Avatar
United States
236 Posts
 Posted 08/03/2006  12:17 am Show Profile   Bookmark this topic Add habiru001 to your friends list Get a Link to this Message Number of Subscribers
In speaking of error coins, I did some sleuthing today since I had my old 1961 Red Book out- and Found that the 37-D 3legged Buffalo nickel has appreciated 40 times in value since 1961- when it was listed as 50.00 in Unc-- Today a major CoinWorld Dealer has it listed for 1995.00 a fraction under 40 times increase. - It is beginning to look like the errors have it. Dewey
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 08/03/2006  11:41 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
I think that is true for the popular errors, though I do think the error market is increasing. This is especially true with the "errors" found on so many of the State Quarters.
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habiru001's Avatar
United States
236 Posts
 Posted 08/03/2006  3:21 pm  Show Profile   Bookmark this reply Add habiru001 to your friends list Get a Link to this Reply
Can someone fill me in on the State Quarter errors? I know of the Wisconsin and Minnesota ones- I am lagging behind again-D
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scoutjim99's Avatar
United States
4589 Posts
 Posted 08/03/2006  4:12 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
If you can get to Coin World online I believe they have all that info on there
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habiru001's Avatar
United States
236 Posts
 Posted 08/04/2006  01:56 am  Show Profile   Bookmark this reply Add habiru001 to your friends list Get a Link to this Reply
Hi scoutjim99, I get Coin WOrld- and also CoinValues and in that publication, they only show the Wisc error -Low leaf and high leaf. Someone has come up with an extra tree in Minnesota- So I guess there will be others. I wasn't really concerned with these- but they were mentoned by susanlynn9 as to emphasize (I think) new errors. My post was simply making a point that errors have yielded a fantastic gain for the most part- and I gave a couple examples. The quarters hadn't entered my mind as I was concerned with price differences between 1961 and now- I keep several old guide books around- and they are quite fun to get into for comparisons sake--However some issues simply make no sense at all as to values that collectors will put on errors- Yet I do understnd that it is the demand for these items. Years ago, I purchased a 3legged Buffalo nickel from a college student in Stockton California- for 10.00 - They didn't seem rare at the time because he had some of his sorority brothers helping him find these nickels- At our semi-monthly coin meetings, he rarely failed to show up with at least one. So with that in mind, none of us actually considered them a rarity. I have often thought that there must have been a pocket in our area where these nickels got released- (No I no longer have the 3 legged nickel- I traded it for something else at one of our club meetings. And so it goes- who knows what will turn out to be another error treasure.
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