How do people value this things? I have a PR69/68 DCAM 1978 Washington Reverse Die Crack. I better get that thing slabbed and on EBay if this coin goes for even a $1,000.00
For us newbies, what should a proof die crack command above the regular price of a slabbed proof. In case I do want to sell it. Though, it is kinda cool. By the way, which is the best for slabbing errors - PCGS, NGC or ANACS? Any advice appreciated.
The guy that was trying to sell his for like $95,000 bought the coin knowing it had the die crack in an Ebay auction, the auction closed at $95, I think. I don't know how someone thinks a $95 item is suddenly worth $95,000.
For some life lasts a short while, but the memories it holds last forever. -Laura Swenson
In memory of BL, SM, and KG. 16 and forever young, rest in peace.
<< <i>How do people value this things? I have a PR69/68 DCAM 1978 Washington Reverse Die Crack. I better get that thing slabbed and on EBay if this coin goes for even a $1,000.00
For us newbies, what should a proof die crack command above the regular price of a slabbed proof. In case I do want to sell it. Though, it is kinda cool. By the way, which is the best for slabbing errors - PCGS, NGC or ANACS? Any advice appreciated.
Michael >>
No idea what the value is other than what someone is willing to pay for it. Ncg is good for that type of coin anacs is better for more different error variety's and probably less expensive. I would guess when selling time comes the ngc holdered coin would probably fetch a little more.
Remember, the guy asking $95,000 for his said in his auction "I CHALLENGE anyone to show me another coin like this".
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Remember, after the first guy sells his for $95,000 he will sell the next one of his hoard for $200,000. I guess he wants us to save $105,000. Should I tell the wife I can make a quick $105,000 by buying this coin? It must be true if the seller says so. He's so lucky. He bought 10 coins for a couple of hundred bucks and he'll flip 'em for millions. I'll bet the guy who sold these to our ebay friend is still laughing: "you know, you could sell these on ebay and make a fortune - sell the first one cheap, say $95,000, as a loss leader, then jack up the price."
Joe
The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition.
Is this being called an "error" because it is unusual for a PROOF? If it was a business strike, and got any recognition at all, it would considered a variety. Am I correct?
Additionally, what are the chances that there aren't any others. I guess if quality control grab up all the others before sending them out, it could be somewhat limited, but I am pretty sure that more than a few had to be struck before someone noticed that the die cracked, IF that is in fact what we are seeing.
I have to agree with Russ - Mr. 95K is putting us on. Now what will be interesting is to see if the cheaper one sells (I don't think it will).
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
I believe it is mislabeled as a die crack IS NOT an error, it is just a different DIE STATE then a coin without a crack regardless of if it is a proof or business strike. An error is when a mint employee makes a MISTAKE, a die crack is just a sign of die failure or an old heavily used die which would make it a later die state but not an error at least in my opinion.
It's against EBAY Policy to have any charges as a % of final sale. His 3% for paypal will get this auction ended early. I Know, it happened to me last spring.
Wait a minute, i think i saw something on the coinworld website about Die cracks in the delaware SQ.
Hmm, just searched, but didn't find anything. I've got three that have a minor die crack, but jeez, not a 95000 crack. Does this ring a bell with anybody else?
B.
A Fine is a tax for doing wrong. A Tax is a fine for doing good.
There were some Delawares called "spitting horse" varieties because of a die crack from the horse's mouth. See one here.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Comments
Russ, NCNE
Better photos and a labeled slab sure do help.
Sorry, just had to get that out of the way.
Eisenhower Dollar, BU
Set Incomplete:
Roosevelt Dime
1900 - Current Type, No Gold
Silver Eagle
<< <i>He said to add 3% to the final price for S&H. That is almost $150.00 >>
I thought I read add 3% if paying by paypal. *shrugs*
For some life lasts a short while, but the memories it holds last forever.
-Laura Swenson
In memory of BL, SM, and KG. 16 and forever young, rest in peace.
For us newbies, what should a proof die crack command above the regular price of a slabbed proof. In case I do want to sell it. Though, it is kinda cool. By the way, which is the best for slabbing errors - PCGS, NGC or ANACS? Any advice appreciated.
Michael
------------------------------------------
MW Fattorosi Collection
Eisenhower Proofs
SBAs Proofs
Sac Proofs
For some life lasts a short while, but the memories it holds last forever.
-Laura Swenson
In memory of BL, SM, and KG. 16 and forever young, rest in peace.
Link
"I CHALLENGE anyone to show me another coin like this".
The libertybell already has a crack in it at no extra charge.
Camelot
<< <i>How do people value this things? I have a PR69/68 DCAM 1978 Washington Reverse Die Crack. I better get that thing slabbed and on EBay if this coin goes for even a $1,000.00
For us newbies, what should a proof die crack command above the regular price of a slabbed proof. In case I do want to sell it. Though, it is kinda cool. By the way, which is the best for slabbing errors - PCGS, NGC or ANACS? Any advice appreciated.
Michael >>
No idea what the value is other than what someone is willing to pay for it.
Ncg is good for that type of coin anacs is better for more different error variety's and probably less expensive. I would guess when selling time comes the ngc holdered coin would probably fetch a little more.
I have lots of old coins with cracks that would put this little die crack to shame.
I must be a millionaire...
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
<< <i>"I CHALLENGE anyone to show me another coin like this?"
Here you go: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1379418190
Nice $94,000.00 discount to boot! >>
Russ, NCNE
Joe
<< <i>From: StackGenerator@cs.com
Date: Sat, 7 Sep 2002 12:54:45 EDT
Subject: Question for seller -- Item #1377721633
To: sales@compucheap.com
X-Mailer: CompuServe 2000 32-bit sub 107
Hello,
You should use buy it now and make 90k when you go to auction it.It is very
rare.
Pat >>
This guy has got to be putting us on.
Russ, NCNE
Bottom line, WHO IN THEIR RIGHT MIND WOULD BID $95,000 FOR A DIE CRACK STATE QUARTER? (I apologize fpr yelling.)
Joe
Is this being called an "error" because it is unusual for a PROOF? If it was a business strike, and got any recognition at all, it would considered a variety. Am I correct?
Additionally, what are the chances that there aren't any others. I guess if quality control grab up all the others before sending them out, it could be somewhat limited, but I am pretty sure that more than a few had to be struck before someone noticed that the die cracked, IF that is in fact what we are seeing.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
--------T O M---------
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Hmm, just searched, but didn't find anything. I've got three that have a minor die crack, but jeez, not a 95000 crack. Does this ring a bell with anybody else?
B.
A Tax is a fine for doing good.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.