Does this look like PMD or an error?
NordlandSalmon
Posts: 38 ✭✭
It would be really nice if it were an error, I love how it goes across one side of his goggles.
1
NordlandSalmon
Posts: 38 ✭✭
Comments
Hard to tell. Even if it's an "error", it's not one anyone is going to care about. Small die anomalies aren't rare nor are minor planchet defects.
Minor die crack (die break) error. Technically it is a die state of a variety, as opposed to an error. Too minor to draw more than a couple of bucks, unless you market it as the "Broken Goggles" variety. Like the "Speared Bison" nickel. I kind of like your coin. Good catch.
Nice Photography.
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.Good picture, looks like a 'raised' anomaly, so likely a die scratch. Cheers, RickO
I was just thinking it looked incuse.
You usually don’t see such straight, uninterrupted die scratches fully within the design, which would have been lower than the fields of the die and likely protected from those types of scratches. And based on that, I would say it is a post-strike scrape of some sort.
@GoldenEgg... Certainly possible... Images can be deceiving... and at one point, I was thinking it might be incuse. My decision could be incorrect... Cheers, RickO
@GoldenEgg This seems like it's the case, but what made me think otherwise is where it stops and starts. Seems like it's connected to the design rather than random. Plus the goggles gather so many die chips from what I've seen.
I'm new to this so thank you for the wisdom!, errors are really hard to differ in a lot of ways, but I'm getting there
Whatever it is it is the kind of thing that is of no interest or importance. For errors to be of any interest they need to have a WOW! factor and that has none. Forget about watching the "fortune in your pocket change" videos and read what is on this site. You will quickly learn what is worth bothering with.
@291fifth
In some ways I may disagree,
1.If these errors even sell for $2 on ebay you could make some extra change if you do it efficiently enough.
2. It's really good to see just because detecting certain errors as a beginner for me has been difficult. Going on here and posting pictures about them has made me get a decent feel for what is what and why.
3. If you get a coin that has enough small errors, they do sell online for more than $10. Which can be worth it.
4. Major errors are great, but they're just so rare.
Die crack error. Nice find. Call it the "Cracked Goggles Lense Varity".
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Make sure you consider ALL of your costs. It is very difficult to actually make anything on cheap stuff.
Many/most of these errors sell on eBay to new collectors. Established collectors and dealers don't bother buying the minor errors. If you want die chips, small strike throughs, or die cracks, you can get rolls from the bank and find them for face value.
Since there is no significant collector base for these minor errors, if you want to make money (after ebay fees, shipping, packing material, etc) you'll always be looking for the next newbie collector who is not experienced in errors. And that's a tough way to make beer money.
Assume a $2 sale...
Fees: $0.54
Shipping: $0.53
Cost of goods (assuming face value): $0.25
Shipping supplies/misc.: $0.05
Total cost: $1.37
Profit: $0.63
Assuming 15 minutes per coin is required (searching for coins, taking photos, creating listings, packing and shipping), your effective pay rate is $2.52/hr.
Before taxes.
Just sayin'.
The old broken glasses variety. Put it on Ebay for $500 OBO. Who knows.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Now you're just attacking my whole business model...
Not just yours- I sell cheap stuff, too, although I try not to go under $5 if I can help it.
I do $2 items when easy to list and ship. For example, a run of flight covers. I can image and list about 20 per hour and ship as many as 30 per hour. So, that's about 12.5 sales per hour which is almost $15 per hour. Lol
It's certainly more practical if you already have stuff that's easy to process. The OP's scenario involved finding errors to sell, which takes quite a bit more time than just listing things you have in hand.
No, I totally agree with you on that. None of our resident CRH folks are making minimum wage.
@MasonG
Yeah fair, you have to be able to sell a good amount.
I feel like it works if you have a TON of one error and/or sell in bulk.
I noticed a ton of the same error on the crossing the delaware coin, let's say you find ten of those, still 15 minutes to do everything for it, but only add a few minutes for the rest. You could have a shitty side gig.
I'll do the math for the fun of it,
15 minutes for 1, 3 for the rest, all at 2$ with $.63 of profit.
$6.30 of profit for 42 minutes of work, that's about $10 an hour.
If you consider how shipping will go down you could make a little more.
Not great, but not the worst idea for a crappy little side gig.
I guess a good use for it would doing this along with looking for major errors and silver. if you can detect them and ship them out quick enough it ain't bad. I can't, I can really only get $500 a week of quarters and only a few of em are even minor errors, but it's better than making nothing.
You are failing to consider all the costs involved. How much did it cost you to obtain the coins to search - gas, other car expenses, etc. Then consider how much time it took to actually find "errors" and "varieties" that will actually bring $2 on eBay.
I know someone who had a plan to make money by buying unattributed VAMs and list them for sale attributed at their higher (price guide) values. He abandoned his plan when he realized that variety collectors don't typically like to pay full retail for attributed examples and preferred to cherrypick them.