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National Media attention hits WI quarters

EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
in U.S. Coin Forum
Link to the Milwaukee Journal-Sentinel

The news is out. We're getting inundated with "what do I dook for?" requests.

I think Fred Weinberg gave USA Today an interview (anyone see it please post something about it here).


Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
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    ChangeIsGoodChangeIsGood Posts: 102
    Finally hit A Milwaukee paper this morning. Was in a coin shop and the tv news was there filming. It will be all around by tonight.
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    cladkingcladking Posts: 30,084 ✭✭✭✭✭
    Cool. Thanks for the link.
    tempus fugit extra philosophiam.
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    pharmerpharmer Posts: 8,355 ✭
    News services, wires, every ABC radio news break ("$600 each"), here it goes. Whoever here said "wait until the public hears about it" was prophetic. Made sense, but I had my doubts, I have to admit.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
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    WeissWeiss Posts: 9,942 ✭✭✭✭✭
    Hey Rick,

    Is it true you just sold your last NGC MS-65 set? image
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
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    rlawsharlawsha Posts: 1,036 ✭✭✭
    Nice article
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    WeissWeiss Posts: 9,942 ✭✭✭✭✭
    AP picks up the story:

    U.S. National - AP


    Flawed Wisconsin Quarters Found

    37 minutes ago U.S. National - AP

    MILWAUKEE - Some Wisconsin quarters issued last year are turning out to be worth considerably more than 25 cents.

    Coin collectors say quarters with two variations in the design of a cornstalk on the back of the coin have been spotted at Tucson, Ariz., and San Antonio.

    Rick Snow, who owns Eagle Eye Rare Coins Inc. in Tucson, said he started paying $50 each for the quarters when he learned of them.

    "As soon as word got out about that, the prices escalated," Snow said.

    On Monday, he was offering a set of three Wisconsin quarters — the normal one, one with a leaf marking pointed up and a third with the marking pointed down — for as much as $1,099. Individual coins with the variations were selling for $500 to $600, depending on condition, he said.

    The U.S. Mint, which produced 453 million Wisconsin quarters for its state coin series, is trying to determine how the differences came about.

    "Throughout history, there have been some instances of variations — very, very rare instances," said U.S. Mint spokesman Mike White. "If there is any kind of situation like this, we just take a very close look at the process and all the different steps."

    AP version of the story


    This article, from WBAY (Green Bay), says "Wisconsin Quarters printed with valuable flaw"
    WBAY story (beware of pop-ups)
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
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    mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    better raise prices, while the gettin's good.
    coinimaging.com/my photography articles Check out the new macro lens testing section
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    LakesammmanLakesammman Posts: 17,672 ✭✭✭✭✭
    Anyone know where I can get 100 sets....image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
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    notlogicalnotlogical Posts: 2,235 ✭
    Neat! image



    Maybe it was my article for the Central States Numismatic Societies newsletter that tipped them off? image
    What Mr. Spock would say about numismatics...
    image... "Fascinating, but not logical"

    "Live long and prosper"

    My "How I Started" columns
  • Options
    EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Corrected AP link
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
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    boiler78boiler78 Posts: 3,117 ✭✭✭✭✭
    I guess I must have been in a cave lately? Anyone got images of the differences?

    Lakes- That sigtag of yours just keeps getting better and better. Killer upgradeimage
  • Options
    EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Hey Logic, did you get your set?
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • Options
    LakesammmanLakesammman Posts: 17,672 ✭✭✭✭✭
    Holy cow, Boiler - where have you been??imageimage

    image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
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    LakesammmanLakesammman Posts: 17,672 ✭✭✭✭✭
    PS - The pics are from a set that Rick sold me at FUN for $100.....image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
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    boiler78boiler78 Posts: 3,117 ✭✭✭✭✭
    In a cave like I saidimage Wow 100 bucks! I see you got in on the ground floor! Thanks for the images those are pretty cool.
  • Options
    notlogicalnotlogical Posts: 2,235 ✭


    << <i>Hey Logic, did you get your set? >>





    PM sentimage
    What Mr. Spock would say about numismatics...
    image... "Fascinating, but not logical"

    "Live long and prosper"

    My "How I Started" columns
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    EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Boiler78, let me sell your collection, an I'll give you a set too.









    (for $100 bucks.....doh!)

    image
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
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    GonfunkoGonfunko Posts: 1,487 ✭✭✭
    Good to hear about this getting out. CNN had it on the ticker a couple of minutes ago.
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    LakesammmanLakesammman Posts: 17,672 ✭✭✭✭✭
    Boiler78, let me sell your collection, an I'll give you a set too.

    Oooooh.....ya got me there.....imageimage
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • Options
    pharmerpharmer Posts: 8,355 ✭


    << <i>Neat! image



    Maybe it was my article for the Central States Numismatic Societies newsletter that tipped them off? image >>



    Good for you, notlogical. And good for Rick on the offer. Quite a logical story after all.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
  • Options
    notlogicalnotlogical Posts: 2,235 ✭


    << <i>
    Maybe it was my article for the Central States Numismatic Societies newsletter that tipped them off? image >>



    Good for you, notlogical. And good for Rick on the offer. Quite a logical story after all. >>




    Thanks! I learned a lot and it was fun too. There are some really great people here! image
    What Mr. Spock would say about numismatics...
    image... "Fascinating, but not logical"

    "Live long and prosper"

    My "How I Started" columns
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    IdahoGalIdahoGal Posts: 255
    Just out of curiosity, do you think the media attention could be the reason for this ebay auction. image
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    ProofquarterProofquarter Posts: 275 ✭✭


    UNOPENED BAG INSIDE UNOPENED MINT WHITE BOX


    Whw did they do that?image
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    clackamasclackamas Posts: 5,615 ✭
    Hit the local (Portland, OR) TV news today as well.
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    clackamasclackamas Posts: 5,615 ✭


    << <i>UNOPENED BAG INSIDE UNOPENED MINT WHITE BOX


    Whw did they do that?image >>



    Nice $125. I have 10 of them and have been waiting for this.....
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    BAJJERFANBAJJERFAN Posts: 31,631 ✭✭✭✭✭
    I think the odds of finding one in a mint sewn minibag are slim to none. Smoeone is gonna take it in the shorts BIGTIME. Just because that minibag is in Tucson doesn't mean it was filled from the same production bin that contained the leafies. Smoe eBayers aint real smart. image
    theknowitalltroll;
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    ProofquarterProofquarter Posts: 275 ✭✭


    clackamas

    Can you get your bags out of the box without opening it?image
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    hrlaserhrlaser Posts: 1,133 ✭✭
    Hmm.. I have been following the leafy varieties religiously on eBay for the past couple of weeks.. and have watched a non-ceasing upwards price curve for raw examples suddenly go ballistic in the past couple days..

    Do a search for "Wisconsin lea*" without quotes and look at open and closed auctions.. one single raw low leaf just closed at $360.00 a couple hours ago.. another one just busted through $300.00 and has a few hours to go..

    Yesterday, they were just breaking $200.00..

    The day before, about $150.00..

    I have two in PCGS slabs from Rick which I bought from him as soon as he posted his Web page with his prices, and I was biting my nails wondering if I was nuts to pay $125.00 each for them.. now he's raised his prices for MS64s to $149.00 and he's at 50% of the price that raw ones are going for on eBay, so suddenly, $125.00 looks cheap..

    Having seen the grade populations he got back from PCGS, if people buying the raw ones think they're going to slab at MS67, they're kidding themselves.. maybe 1% or fewer will.. the majority by far will be MS64..

    Still, it's hard to know what's in peoples' minds when they're bidding.. do they think they can grade them from crappy little auction pictures, or are they going for the sheer rarity factor, or both??.. As each day goes by and no full rolls or bags of these things are discovered, the rarer they looking.. how long will it take before the coin dealers and experts say "Okay, it's been long enough, there are not going to be any full rolls or bags of these, that's it, and xxxx of them exist"??..

    Is that weeks or months or years away??.. I don't have a clue.. call me crazy, but whenever that happens, I think these things might shoot up into four figures..

    If full rolls or bags of them are discovered, then the prices will drop like a lead balloon..

    Opinions??..

    Harv





    "I won't be wronged, I won't be insulted, I won't be laid a hand on.. I don't do these things to other people.. I require the same of them.."
    - John Wayne, "The Shootist" (1976.. his final film)..
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    hrlaserhrlaser Posts: 1,133 ✭✭


    << <i>I think the odds of finding one in a mint sewn minibag are slim to none. Smoeone is gonna take it in the shorts BIGTIME. >>



    I bought a $25.00 bag of Wisconcheese D-Mint quarters a couple days before The Mint took them off their site.. got the bag a couple days ago.. I didn't buy it to re-sell with the usual "Are there leafy Varieties inside??" hype, I bought it to open it and search it. And I opened it and searched it. And you know what I found??.. One hundred perfectly normal no leafy Variety quarters.. so it was a $10.50 gamble to pay $31.50 for a $25.00 bag of what turned out to be pocket change..

    IMO, the people who pay ridiculous money for these Mint sewn mini bags are going to be in for an unpleasant surprise when they open and search them.. but hey, I only gambled $10.50..

    Harv
    "I won't be wronged, I won't be insulted, I won't be laid a hand on.. I don't do these things to other people.. I require the same of them.."
    - John Wayne, "The Shootist" (1976.. his final film)..
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    pinespines Posts: 54
    Wow! Single "Up" leaf just sold for $810.00 on Ebay!!! image
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    pharmerpharmer Posts: 8,355 ✭


    << <i>UNOPENED BAG INSIDE UNOPENED MINT WHITE BOX


    Whw did they do that?image >>



    You know how they get those ships in bottles? Me neither. No, they ship the bags in a box. Bag-inna-box, now up to $144.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
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    ChangeIsGoodChangeIsGood Posts: 102
    One upper leaf just sold on r-bay for $810.

    1 upper husk
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    skydivdavskydivdav Posts: 190
    Pines: Link?
    Modern bashing is sooooooo old.
    -Bochiman



    If at first you don't succeed, then skydiving definitely isn't for you.
    -unknown
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    BAJJERFANBAJJERFAN Posts: 31,631 ✭✭✭✭✭
    << I think the odds of finding one in a mint sewn minibag are slim to none. Smoeone is gonna take it in the shorts BIGTIME. >>

    If yu followed any of this story and understand that these errors are being found only in a very limited number of places at present you will soon realize that the odds of finding these in a mint minibag are indeed slim to none.
    theknowitalltroll;
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    skydivdavskydivdav Posts: 190
    thanks, spoke too soon!
    david
    Modern bashing is sooooooo old.
    -Bochiman



    If at first you don't succeed, then skydiving definitely isn't for you.
    -unknown
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    skydivdavskydivdav Posts: 190
    this is getting WAY out of hand!


    blue skies!
    david
    Modern bashing is sooooooo old.
    -Bochiman



    If at first you don't succeed, then skydiving definitely isn't for you.
    -unknown
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    clackamasclackamas Posts: 5,615 ✭


    << <i>clackamas

    Can you get your bags out of the box without opening it?image >>



    Sure no problem, the trick is to.... image/.
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    bennybbennyb Posts: 57
    I heard the story on NPR at noon and Marketplace in the evening...

    Now we'll find out how many are out there...
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    BAJJERFANBAJJERFAN Posts: 31,631 ✭✭✭✭✭
    I thought Milwaukee people were smarter than that.
    theknowitalltroll;
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    CoinHuskerCoinHusker Posts: 5,034 ✭✭✭


    << <i>
    I think Fred Weinberg gave USA Today an interview (anyone see it please post something about it here). >>



    Per your request, here's the link image

    2/9/05 USAToday article
    Collecting coins, medals and currency featuring "The Sower"
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    notlogicalnotlogical Posts: 2,235 ✭
    They did a story about it on our local tv news last night too.

    Channel 7 News story

    What Mr. Spock would say about numismatics...
    image... "Fascinating, but not logical"

    "Live long and prosper"

    My "How I Started" columns
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    ChangeIsGoodChangeIsGood Posts: 102
    With all the overdue "National Hype" going on now, it looks like the mint will have to come up with something. Will the answer be the truth or another weather balloon in Roswell?

    Dan
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    pharmerpharmer Posts: 8,355 ✭
    It is sort of funny that the mint has never admitted to any mistakes. Their smug silence then creates a cottage industry of "error experts" who make a living off writing speculation as if they alone know the truth, when their guess is as good or bad as anyone's.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
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    BarryBarry Posts: 10,100 ✭✭✭
    How come USA Today takes better coin pics than Heritage? image
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    Coin FinderCoin Finder Posts: 7,743 ✭✭✭✭✭
    Pharmer well said well said. Thanks!

    Tbig
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    Sphinx357Sphinx357 Posts: 1,279


    << <i>How come USA Today takes better coin pics than Heritage? image >>


    image
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    ChangeIsGoodChangeIsGood Posts: 102
    USA Today employees know how to use PhotoShop.
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    WeissWeiss Posts: 9,942 ✭✭✭✭✭
    My wife had kind of an interesting observation. She said the down leaf version looks like the "original" design, and the no leaf variety looks like they polished out the extra device. In other words, the common variety is actually the altered design. The mint decided, upon completion, that the extra leaf was too busy or something. So they took it out--or thought they had.

    I doubt that's technically even a possibility, but I thought it was pretty neat.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
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    BarryBarry Posts: 10,100 ✭✭✭
    If you know how to take pictures, you don't need to use Photoshop (except for cropping and file compression).
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    pharmerpharmer Posts: 8,355 ✭


    << <i>My wife had kind of an interesting observation. She said the down leaf version looks like the "original" design, and the no leaf variety looks like they polished out the extra device. In other words, the common variety is actually the altered design. The mint decided, upon completion, that the extra leaf was too busy or something. So they took it out--or thought they had.

    I doubt that's technically even a possibility, but I thought it was pretty neat. >>



    Well, I like it, it's logical (sorry Mr. Spock), and it has another plus, it gets those extra leaf dies into production and puts to rest the absurd accidental gouge notion.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image

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