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 Replies: 12 / Views: 1,652 |
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Valued Member
United States
182 Posts |
I bought three 2010 Uncirculated sets. I opened one, and at first was disappointed, with all the marks. Than after I saw the PCGS grading profiles I started feeling better. Then last night I got over myself and took a second look. Magically, I get an incuse error on two of the presidents: a star has a point cut off and the shortened point actually points IN ward, at the center of the star. The star has four points instead of five. I turn the set over to get a better look, and I see the Lincoln reverse is rotated. Rotated die. 355 degrees. And THREE of the quarters are rotated. And FOUR presidents are rotated. I get visions of large returns, but in order to send pics. I have to cut the set to pieces. I have never done this to an error set. My question is this: is the set worth more marketed as a really deep error set, and do I take the best pics possible WITHOUT opening it to sell it? Or is it better having each piece by itself, to sell? I'd love to share the pics, but would hate to break up a real rarity. I have never heard of so many errors in one set. I have two more unopened sets, still in the box. My coin decisions are hamstrung by my newness to the hobby, and I seek input from some stalwarts with a thousand posts to steer me right on this one.
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Bedrock of the Community
United States
62064 Posts |
Rotated how? In the holder or the reverse on the coin is rotated? That would make a real difference.
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Valued Member
United States
191 Posts |
If they are all true error coins, then I would say leave them in their original pack. IMHO, they are worth more as a set since all of them are errors than they are by themselves. Do the best you can with the pictures but do not open those packs.
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Valued Member
 United States
182 Posts |
Richard, these are rotated dies, all about 350-355 degrees. The penny, the 3 quarters, the three presidents. All true rotated clockwise to almost 360 degrees. Moreover, that star with a point facing in-on three of the presidents-well, I really haven't seen anything like it, and I have been at these since 2007. I still have an unopened box of 100 Presidential sets from the week in which the segment errors were shipped. I have seen all the blank edges, the doubled incuse, The proof laser etching; well I was the one who pointed that out to Ken Potter. I have Rolls of those, and other, one-off errors. In multiples. In unopened sets and boxes. So when I say that it is straight-up unusual to see SO MANY errors in one set of P and D from one year, I ain't kiddin. The puzzlement remains, do I open the set? Maybe I should post a pic, and I will tomorrow. I am new enough at coins that maybe I am seeing squat, so that's why this post came about. I hope I can get that star photographed while the dollar is in the plastic. That's a sticky, wicket, as they say. The rotated dies speak for themselves with just a simple photo, so that is easy.
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Valued Member
United States
119 Posts |
The pros can correct me if I'm wrong, but I believe that die rotation can only be described up to and including 180 degrees. Anything beyond that could be interpreted as a lesser rotation in the opposite direction, i.e. your 350 degree clockwise could also be described as 10 degrees counterclockwise.
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Pillar of the Community
 United States
2448 Posts |
OK, so as I understand your suggestions, if the whole set is an error...don't break them out. If only one coin has a error, break it out for evaluation. Am I correct?
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Pillar of the Community
United States
4085 Posts |
I don't think there is really a market for "error sets" - i.e., no one is out there looking for sets with multiple errors except to cherrypick the error coins out. Especially since it is sometimes possible to pull the sets apart carefully and swap out coins.
So I disagree with the consensus above and think you should break the coins out and sell them as individual errors if you are looking to make top dollar.
Now - if you plan to keep the set - that's another story.
Best regards,
Ken
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Valued Member
United States
182 Posts |
Thanks! Most of these are just lesser ccw rotation....nothing to write home about there. The star on the incuse is another thing, that may be marketable to error enthusiasts.
Once again, thanks.
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Valued Member
India
265 Posts |
dont break the set, it is more valuable.
warm wishes.
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Bedrock of the Community
United States
17884 Posts |
The set has no real value because NONE of the coins are errors (With the possible exception of the stars on the dollars. I would need to see pictures because I'm not sure exactly what you are trying to describe.) The mint has a tolerance on the die rotation of +/- 15 degrees. If your coins have as you say a 350 - 355 degree rotation then they are only 5 degrees off normal and they are within tolerance so they are considered to be normal.
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Valued Member
United States
99 Posts |
After mulling over these great responses I would not break this set. If you had "biggie" an error or something that would demand higher premium I might consider breaking them up. However this sounds like it would be more interesting if left unbroken. Having said that, I must let you know that I always have the mind set of not breaking apart any mint packs. Many year ago I broke out a 1970S cent from a UNC mint pack....... a local coin dealer said nothing when I told him about it, but the look on his face said it all!
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Valued Member
United States
99 Posts |
Okay let me add something about that UNC mint set with the 1970S cent before I get blasted about how boneheaded that was. Yes these were extremely rare but I was 11 year old boy without anyone in my family that possessed any interest in coins. Wow that was costly and I wish I could take it back! But should've, could've would've is not someplace I want to dwell upon.
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Pillar of the Community
United States
1080 Posts |
hogskins -- it's all part of the learning process.
I remember some crisp, consecutive star notes I kept for a few years until the desire to spend $3 became too great.
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Replies: 12 / Views: 1,652 |
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Posted 10/13/2010 9:11 pm
