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Nice Example Of MD

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Pillar of the Community

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 Posted 08/14/2011  11:26 pm Show Profile   Bookmark this topic Add seal006 to your friends list Get a Link to this Message Number of Subscribers
Now, before anyone says anything, yes I do know that this is Machine Doubling. I just thought I would post this so others can learn. This is a very nice example of a coin that does not carry the premium of a doubled die. This is a form of common doubling known as Machine Doubling.



Nice-Example-Of-MD

Nice-Example-Of-MD
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bpoc1's Avatar
United States
4078 Posts
 Posted 08/15/2011  06:06 am  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
Nice picture. I am consistently having to do a second or third look at MD coins. Even with a 7x loupe. Thanks.
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Jayman931's Avatar
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 Posted 08/15/2011  11:10 am  Show Profile   Bookmark this reply Add Jayman931 to your friends list Get a Link to this Reply
I'll give you a 2011P Cent for it!
Pillar of the Community
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 Posted 08/15/2011  12:11 pm  Show Profile   Bookmark this reply Add seal006 to your friends list Get a Link to this Reply
I may try to sell it on my website . As it is kinda cool.
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coop's Avatar
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 Posted 08/15/2011  5:02 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Thye are very common on the 1968-1971 Cents.
Pillar of the Community
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 Posted 08/15/2011  7:04 pm  Show Profile   Bookmark this reply Add seal006 to your friends list Get a Link to this Reply
Coop, in the 300+ boxes worth of cents that I have looked through since I started roll searching, I have never seen one this extreme. While they may be more common than an actual doubled die, I still feel they are way less common than a normal cent. I thnk even coins such as this would carry some premium albeit a couple of bucks or so just for the novelty. I never thought die cracks carried much weight, but now I sell them for $2-$5 on my site weekly. That is what makes coin collecting fun. What you feel may carry a premium, others may regard as nothing, and vice versa.
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Maineman750's Avatar
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3592 Posts
 Posted 08/15/2011  9:04 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
seal2006, I agree and collect the nice examples of MD. I watched a 1969-S MD coin sell for $22 and it was described correctly.Supply and demand.
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 Posted 08/15/2011  9:08 pm  Show Profile   Bookmark this reply Add seal006 to your friends list Get a Link to this Reply
Thanks Maineman. Ireally do not think there is a right or wrong way to collect. If you like it, keep it.
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coppercoins's Avatar
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7629 Posts
 Posted 08/16/2011  06:45 am  Show Profile   Bookmark this reply Add coppercoins to your friends list Get a Link to this Reply
Right or wrong way to collect - there really isn't one.

Right or wrong way to value coins for sale - there most certainly is one.

People will buy anything for any amount if it's well presented, regardless of whether it really should be selling or whether it really has value. Coop is 100% correct. Machine Doubling is extremely common on cents from the 1968-1971 era, and it's also extremely common on 1957-1958 cents. How many ROLLS of them would you like to buy from me? You think they are valuable enough to sell, then they should be valuable enough to BUY too!
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Maineman750's Avatar
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 Posted 08/16/2011  07:36 am  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply

Quote:
People will buy anything for any amount if it's well presented


I feel the same way about slabbed coins,minor doubled dies,and over polished coins (3-legged buffalo).
As for buying MD, it would of course depend on price/condition/pictures and dates I need.But yes, I might be interested.
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 Posted 08/16/2011  09:06 am  Show Profile   Bookmark this reply Add seal006 to your friends list Get a Link to this Reply

Quote:
Right or wrong way to value coins for sale - there most certainly is one.


This is one instance that I disagree with you. Value is left up to the one purchasing. Take toned coins for instance. Some people feel it does not add a thing to a coins value, others feel it actually takes away from the value. While there is a large contingency of people that pay a very nice premium for good examples of toning. Look at the lowball sets created using the worst examples of a coin and having it graded.

I think it is wrong to intentionally try and deceive someone into thinking there is a large investment value when there is not. If you present a coin for what it is, and let the buyer decide, without using deceptive descriptions or insinuations, then I feel as a seller you have done nothing but let the buyer decide for themselves.

Do you remember Pet Rocks? They were just a rock. Weren't they?
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coop's Avatar
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 Posted 08/16/2011  10:41 am  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Imagine what a newbie will think of the seller later when he finds out he was taken. The coin he paid a premium is only worth what it says on the back of a coin. Seems like someones conscience should be set off before/after a sale of a common coin. Look at all the sales of the "so called" 1955 poor man's doubled dies. The person who buys these ends up the "poor man."
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 Posted 08/16/2011  11:14 am  Show Profile   Bookmark this reply Add seal006 to your friends list Get a Link to this Reply
Coop, why the self righteous attitude? I am not talking about touting this as some "RARE" variety for hundreds of dollars. I am talking about marketing it as a nice example of what Machine Doubling looks like. for around $3.00. How in any shape, form, or fashion is this deceptive, or something I should feel guilty about? I did not manufacture this flaw. I am not stating it has value. It would be merely a conversation type piece. I have had much respect for you and Mr. Daughtrey up to this point, but on this particular point, I question it. Who says you get to decide what people should buy or collect? If I were doctoring coins, or manufacturing "rare" coins, I would feel you were both correct in what you say.

As I stated before, it is just like toning. Some like it, some don't. The example you use, "poor man's doubled die" is a good example of what I am referring to. We know it is not a doubled die. Therefore the listing is deceptive. It is being touted as an error rather than a flaw. That listing in no way shows integrity.
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coop's Avatar
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 Posted 08/16/2011  1:59 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Most of the time on ebay these common machine doubled coins go for more than a real die variety. To a new collector it is a snare and a lot of people miss inform the new collectors. It is just something I wouldn't do. I save them in tubes for educational purposes and when I no longer need them, I will toss them back into circulation.
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coppercoins's Avatar
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 Posted 08/16/2011  6:41 pm  Show Profile   Bookmark this reply Add coppercoins to your friends list Get a Link to this Reply
If they are properly identified as common, and properly identified as having nothing to do with collectible doubling, and properly explained as having no cataloged numismatic value because they are common...selling them wouldn't be a problem.

The problem comes in when people just run them as "doubled" coins and the beginners hook on and fight for them not knowing they could buy a dollar roll and find ten of them. I, for one, disagree with selling them to anyone who isn't willing to spend at least half their asking price to obtain them.

So...$3 each. You ready to buy them at $1.50 each?
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Maineman750's Avatar
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3592 Posts
 Posted 08/16/2011  8:31 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply

Quote:
You think they are valuable enough to sell, then they should be valuable enough to BUY too!


That's a double edged sword, you want to buy mine for .75 each ?

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