How do you value multiple mint errors and mint error/variety combination?

Ppp

Recently I found myself gravitating toward mint error coins. I just think they are really interesting.

As examples how do you value the following?

1- straight grade with two mint errors
Example: Lincoln cent pcgs ms63RB mint error; die cap/brockage

2-details grade with a combination variety and mint errors
Example: 1945p Jefferson nickel pcgs vg details mint error; reverse lamination, variety; DDR FS-801

291fifth

My opinions:

Coin #1: An interesting and very visible error. Worth a premium but not as much of a premium as an obverse visible coin would bring.

Coin #2:: Melt value. Laminations are a major negative. A microscopic DDR can't save it. If you can find someone who thinks it is cool and will pay a premium ... take the money and run!

messydesk

Laminations on war nickels are very common. Someone looking for this variety probably wouldn't want this coin.

hummingbird_coins

Did not pay attention

messydesk

@hummingbird_coins said:
I don't like the idea of giving a details grade for a lamination. I think it gives the coin more character, but that's just me.

The details grade was probably for it being scratched.

MWallace

@291fifth said:
My opinions:

Coin #1: An interesting and very visible error. Worth a premium but not as much of a premium as an obverse visible coin would bring.

Coin #2:: Melt value. Laminations are a major negative. A microscopic DDR can't save it. If you can find someone who thinks it is cool and will pay a premium ... take the money and run!

The 45-P DD FS-801 5c is not a microscopic DD. It's not particularly rare, but it is a nice DD.

291fifth

@MWallace said:

@291fifth said:
My opinions:

Coin #1: An interesting and very visible error. Worth a premium but not as much of a premium as an obverse visible coin would bring.

Coin #2:: Melt value. Laminations are a major negative. A microscopic DDR can't save it. If you can find someone who thinks it is cool and will pay a premium ... take the money and run!

The 45-P DD FS-801 5c is not a microscopic DD. It's not particularly rare, but it is a nice DD.

Remember that my comments are my own opinion. I look at the photo and see nothing of any interest. I'm not buying into the whole minor double die hype that seems to be present in today's coin market.

jmlanzaf

There is absolutely NO FORMULA. Errors are valued based on rarity and, often to a large extent, eye appeal. Combining two errors makes the rarity greater but the pricing really depends on what the "wow factor" is and what the errors are.

For the two examples shown, the valuation would be very different. The die cap with brockage is scarce and wow! The nickel shown would have very little value to many people with the VERY COMMON lamination actually lowering the value for many of the people who would collect the DDR variety.

There's a thread here somewhere about errors on key date coins. Go read that thread. For many people, the error is a + (depending on the error) for others it is a negative because they care more about the key date.

Matematics

Good day, there are so many experts here on the issue of mint errors... maybe you can help me understand the case of this coin... It is not off metal because there are double minting marks, so it is either a double die or a double rim... maybe someone knows what the differences are?

And this part on the edge... it is clearly visible, along these two errors left, that the edge bending was done at the mint.

Thank you

messydesk

The groove along the edge is normal for a 2 cent.