More big bucks for recent double die, why are most new discoveries p-mint coins?
pharmer
Posts: 8,355 ✭
A 1995d Lincoln double die (3932680884) went for a lot on ebay last night like the 2004 ddo/ddr. Makes me wonder why most recent discoveries are p-mint coins. Why woudn't denver mint produce more new varieties? More people looking on the east coast?
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."
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
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Cameron Kiefer
p.s. it went for 676.66 last time on eBay about 3 months ago - doesn't look like much appreciation to me.
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
maybe since almost all of the popular die varieties are from philly.
55
72
83
84
91
95
96
97(which is still don't believe is a DDO)
maybe people just look to P mints for the errors and the D's aren't really studied. There are plenty out there, some known some not, but I know I sure in hell didn't see the 95-d DDO-3(like the 95 P) on the national news. I am sure there are plenty out there waiting to be cherry picked.
Jeff
not as much difference in the top grades but the average grade difference is often extreme. This
applies more to strike than to most other considerations but tends to be true across the board.
In all probability it also applies to the things which cause the unintentional varieties also.
There apparently is more saving of Denver minted coins and more collecting of circulating coinage
in the western part of the country than in the eastern part. The higher savings rate is likely partly
a function of the frequently low quality seen in the Philly issues; people aren't as likely to save coins
that are poorly made and unattractive. In very recent years (ultra-moderns) this quality gap seems
to be closing a little.
Jeff
<< <i>Cladking, I always thought the P stike was under more tonage than the D, making the P the sharper stike? Am I wrong?
Jeff >>
Probably. There is a great deal of similarity in the way dies and coins are made at each
mint and there is more variation from one year to another than one mint to another. It's
not impossible that the Philly mint uses more pressure to strike coins in some years, but
I've not heard of or seen a difference.
The biggest quality problems with Philly tend to be oblique strikes, marking, and worn dies,
but until recently they were generally at least a little worse in most categories.
Again though, in the highest grades there is little difference between the mints and Philly
often is better than Denver.
Alterntely, if you go back to the time when the Philly Mint manufactured all of the dies, I figure there would be at least two additional inspections of the dies in Denver - one on arrival and another once the mintmark was added.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor