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Speared Bison Prices: Rare Coin I Guess

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Member

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703 Posts
 Posted 08/26/2006  11:39 pm Show Profile   Bookmark this topic Add Errorcoins to your friends list Get a Link to this Message Number of Subscribers
just closed:

http://cgi.ebay.com/ws/eBayISAPI.dl...MEWA:IT&rd=1


Woulda look at that price. Some collectors think errors are just spenders being bad copies of a coin and all.

Glad I bought and traded for some of these when the price was low.

Nice variety coin and I guess there aren't to many of them.



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crystalk64's Avatar
3147 Posts
 Posted 08/26/2006  11:44 pm  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
The last I heard, and that was late last fall, only 900 had been accounted for. I am not sure whether that meant coins that had been authenticated and graded or how they came up with that number. I have 3 of them in my herd, two slabbed and one raw, so I do have a vested interest in what they are doing on the market. I really don't collect errors but some errors especially if there is a buffalo on them attracts my attention very quickly!
If I remember correctly my slabbed coins are MS-63 and MS-62 but I would have to look for sure. I see an MS-63 is at $1000? I may want to sell mine sooner than I anticipated as these prices are through the roof? All I can say is I AM CERTAINLY GLAD I WENT RIGHT AFTER MINE LAST SUMMER!!!!
Edited by crystalk64
08/26/2006 11:48 pm
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Bryan1315's Avatar
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14454 Posts
 Posted 08/27/2006  02:11 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
Terry did you get a signature set from the founder of the coin? I know you said you got one from her directly and I saw this one on ebay and figured if you have one that this price may look pretty good to you as well http://cgi.ebay.com/RARE-Signature-...el_W0QQitemZ a href= https://www.coincommunity.com/go/link.asp?target=https://www.ebay.com/itm/-/130018295525 target= _blank rel= nofollow 130018295525 /a QQihZ003QQcategoryZ524QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
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Joeyuk's Avatar
United States
383 Posts
 Posted 08/27/2006  09:56 am  Show Profile   Bookmark this reply Add Joeyuk to your friends list Get a Link to this Reply
You have to wonder what the reserve was here. Or was there no coin for sale and they wanted to see whare the price would go?

http://cgi.ebay.com/2005-D-SPEARED-...11_W0QQitemZ a href= https://www.coincommunity.com/go/link.asp?target=https://www.ebay.com/itm/-/250020049045 target= _blank rel= nofollow 250020049045 /a QQihZ015QQcategoryZ41089QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
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 Posted 08/27/2006  09:58 am  Show Profile   Bookmark this reply Add Southern Yankee to your friends list Get a Link to this Reply
Wow, that is one heck of a price for that. I saw them when they were first found and thought about getting one, but since I'm not into errors I let it slide. Sure wish I got one now.
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 Posted 08/27/2006  10:47 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
Bryan I got signed C.O.A.s on two of them but they did not have the signature in the slab, if that is what your wondering. I must say I admire the lady as she quietly, after finding the error, went on a huge hunt for the nickels and had built quite a herd of errors before going public.
After emailing quite a few times I found out she had married a guy that grew up in the adjoining county to mine! Small world after all.
I really don't suppose any of you have given much thought as to what kind of problems she had to endure after going public? Kind of like winning the lottery and EVERYONE including your family, neighbors, friends, co-workers, bank workers, and everyone else right up to major dealers of coins were beating down her door. They all wanted one for nothing or wanted to help her market them. Everyone had a better way and they all wanted a piece of the pie. Quite honestly it got pretty ugly for her and her family for a while but she had the guts to stick it out, seek some professional advice, and take it slow. I got to hear some of her stories and a few were beyond belief but she still endured. One of the banks she did business with actually threw her out after finding out why she was searching for rolls. NO ONE in the world makes easier money than a bank but greed still ruled in this one. Whatever she has made off of this huge find she REALLY EARNED for all the stuff she had to put up with. I am thankful she took the time to share emails and help me with my search for two of the slabs and do not regret buying from the actual finder as I feel a bit of actual coin history, or pedigree if you like, came with these coins.
Edited by crystalk64
08/27/2006 10:56 am
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 Posted 08/27/2006  10:55 am  Show Profile   Bookmark this reply Add Errorcoins to your friends list Get a Link to this Reply
Yes I did see the MS 66 auction, but that is a very rare grade for this coin. The MS 65 while very rare in itself is a little more common.

Back when they where "cheap" I bought one graded MS65, One Graded MS64 and two raw coins. I also traded a Two-Horned Bison with Pam and got a raw coin wth a signed letter from her. So I have (5) spaered Bisons that someone here told me where just spenders...lol.

My whole collection goes to my 10 year old daughter and I informed her of the price increase on these errors so she will be aware of there value when I kick.
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 Posted 08/27/2006  11:01 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
Errorcoins I am glad to see there were others here who recognized the potential of this error. Throw in the fact there is a BUFFALO on it and I personally felt guaranteed this one would endure. Guess we will see? I too will see that my little one gets one of these Speared Buffalos and intend to eventually get the "raw" one graded. Who knows what grade I may pull now?
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 Posted 08/27/2006  11:24 am  Show Profile   Bookmark this reply Add Errorcoins to your friends list Get a Link to this Reply
Terry, We both Knew at the time. Just wish I had bought more. One sale in paticular, I remember I got 2 undamaged raw speared bisons for around $120..($60 bucks each)..wow!

I still THINK my TWO-HORNED Bison is WAY WAY WAY UNDERVALUED. There are probably less than 1000 of these because of the fequency rate they showed up in the rolls. Not many on ebay and the price has climbed a little.

The Two-Horned Bison was in CoinWorld, ANACS lables it as a double Error, PCI lables it as Two-Horned Bison. I sent my very best to ANACS and they came back MS65's which I bet IS THE HIGHEST GRADE on the Two-Horned Bison. The very second best I sent to PCI and they came back as MS64's.

I know the Bison coin has many many different errors and I still think the Two-Horned should stand out because of the aesthetic placement of the errors giving it a perfect Two Horns. Many of the of errors are very common and not as aesthetic as the Two-Horned and have much much higher mintage numbers.

Good luck
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 Posted 08/27/2006  3:41 pm  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
You will have to let me know by private email what a slabbed one would cost me as I have yet to pick up that extra for me or the little boy according to who actually owns the one I have at this time. He says its his but it is with MY buffalo herd! Let me know if you would please.
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 Posted 08/27/2006  4:42 pm  Show Profile   Bookmark this reply Add gusp to your friends list Get a Link to this Reply
WOW. All this money for a die crack? Is that what this tough Buff is? If so, Any guesses as to How much my Anacs MS66 1944s Full steps Dollar Sign silver War Nickel is worth? The crack runs thru the exact middle of the S. mintmark. It starts from top of rim, thru left serif of U in united, down thru the exact middle of the S mintmark above Montecello,(slightly ne to sw), all the way thru the buildings 2nd pillar to the bottom of rim between t and e of states. Die must have broke in half shortly after. Aint a buff, but it is 62 yrs old and certified (10 yrs. ago). Also is DDO @ brt of lib and T of states. Coin seems to say $. How much for the Buff? Wow. Thanx. Have fun and enjoy. Gusp
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 Posted 08/27/2006  5:02 pm  Show Profile   Bookmark this reply Add Errorcoins to your friends list Get a Link to this Reply
quote:
Originally posted by gusp

WOW. All this money for a die crack? IThanx. Have fun and enjoy. Gusp



This Speared Bison is a very Large Die Gouge which is quite different from a die crack.

Very Rare and quite impressive to look at.

Edited by Errorcoins
08/27/2006 5:04 pm
Valued Member
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 Posted 08/27/2006  5:26 pm  Show Profile   Bookmark this reply Add gusp to your friends list Get a Link to this Reply
Excellent. So it is in the die? Is this a messed up die from the beginning of its life, or did something damage and gouge die after production began? So, Which is more rare? A die that gets gouged damage, or one that cracks and breaks in half? Kinda like cousins I guess. Both are die damaged. Cool enough either way. Thanx. Gusp
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703 Posts
 Posted 08/27/2006  5:34 pm  Show Profile   Bookmark this reply Add Errorcoins to your friends list Get a Link to this Reply
quote:
Originally posted by gusp

Excellent. So it is in the die? Is this a messed up die from the beginning of its life, or did something damage and gouge die after production began? So, Which is more rare? A die that gets gouged damage, or one that cracks and breaks in half? Kinda like cousins I guess. Both are die damaged. Cool enough either way. Thanx. Gusp




Yes the die got gouged somehow and it (the error) is in the die. Very Rare for this size gouge.

A die crack is an error but it is also very common. Not that rare. Unless the die breaks in half and only half a die is present, thus half a strike with a huge Cud on the other side, well that would be worth some cash and a very nice error. If the crack runs all the way through the coin and the design is still on both sides then you have a very nice die crack error that carries some kinda of premium ( not huge).

Good luck
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 Posted 08/27/2006  6:05 pm  Show Profile   Bookmark this reply Add gusp to your friends list Get a Link to this Reply
Indeed most die cracks are pretty plain and common and add little if any value short of a major 1/2 coin Cud as mentioned. However when they enhance the character of a coin then maybe that is not the case. Turning an S the size of the mintmarks used on War Nickels into a perfect Dollar sign would probably add quite a bit to the value of a coin. It says Money! Especially when well centered and strong enough to see with unaided eye. It is rare enough as to the fact that the die broke down the middle completely in half when still striking full steps. Things start getting interesting. This particular nickel is not the nickel shown in the rpm book (not yet as to my knowledge). That listed dollar sign S nickel (1942S)? is not well centered and is slightly offset to the left inside the S. This one is perfect $.
Die gouges happen as well and I doubt that most would carry the kinds of premiums found on the modern bisons. The fact that it clearly spears the bison is what makes it so dramatic and interesting. It certainly adds to its character in light of it being a Bison and all. But, it is, after all, only a gouge damaged die coin. A very cool one to be sure. P.S. Is gouge the result of a Rev. die clash? Gusp
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fengk's Avatar
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986 Posts
 Posted 08/27/2006  7:23 pm  Show Profile   Bookmark this reply Add fengk to your friends list Get a Link to this Reply
Wow...weren't these going for around $300 a month or two ago? Will this be just another fad or is this actually quite a rarity?
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