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Think this Wisconsin quarter error is having no effect on the hobby?

RYKRYK Posts: 35,797 ✭✭✭✭✭
I thought so until I received this email through my website:

I saw your posting on Collectors Universe regarding the purchase of the
Wisconsin Quarters by Dave Bowers. When I was much younger I had a fiery
passion for coin collecting and the recent news on the Wisconsin quarter has
re-lit that fire.

Comments

  • image

    I hope it brings a bunch of new collectors! Especially to error coinsimage

    Cameron Kiefer
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    This is a fascinating, thoroughly cool once-in-a generation phenomenon, like the three-legged Buff. It may turn out to be common, but cool it remains!

    Sure, die gouges are common, but most are uninteresting, and don't look like anything in particular beyond just damage. This one, though, LOOKS like something. And not only that, we have all the intrigue and mystery of TWO versions of the thing, both plausibly (if roughly) leaves!

    I don't understand the cynicism the issue has been greeted with here.

    If you can't get enthused about something like this, what gets you excited about coin collecting?


  • << <i>I don't understand the cynicism the issue has been greeted with here.

    If you can't get enthused about something like this, what gets you excited about coin collecting? >>



    image


  • << <i>This is a fascinating, thoroughly cool once-in-a generation phenomenon, like the three-legged Buff. It may turn out to be common, but cool it remains!

    Sure, die gouges are common, but most are uninteresting, and don't look like anything in particular beyond just damage. This one, though, LOOKS like something. And not only that, we have all the intrigue and mystery of TWO versions of the thing, both plausibly (if roughly) leaves!

    I don't understand the cynicism the issue has been greeted with here.

    If you can't get enthused about something like this, what gets you excited about coin collecting? >>



    My sentiments, exactly! well said, sir!
    blue skies!
    david
    Modern bashing is sooooooo old.
    -Bochiman



    If at first you don't succeed, then skydiving definitely isn't for you.
    -unknown
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    If you can't get enthused about something like this, what gets you excited about coin collecting?

    Another common date MS-63 Morgan?
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>I don't understand the cynicism the issue has been greeted with here. >>



    It's a modern, what'd you expect?

    Russ, NCNE
  • orevilleoreville Posts: 11,961 ✭✭✭✭✭
    Those die gouges look too well designed to be just die gouges in my opinion.
    A Collectors Universe poster since 1997!
  • JoshLJoshL Posts: 656 ✭✭
    I am beginning to think it is some kind of jealousy issue or ego problem. People who don't like moderns or modern error coins...what is up with that? This is a hobby. It is about the love of coins and collecting rare and unusual coins. I don't get it either.

    I love coins...image
  • I think the WI quarter phenomenon has spread -- and how. True story:

    Yesterday, I was in my bank. Just for fun (not expecting a 'yes' at all), I walked up to the teller and asked (a) if she had any mint-wrapped quarter rolls, and (b) if so, were they the Wisconsin quarter. At first she did not understand the question, so she looked to the adjacent teller, who was helping another customer. A conversation ensued. The adjacent teller said that they did have quarter mint rolls. I asked if any were WI 'D' mint. She said no. She'd already checked. At which point, her customer chimed in and remarked she'd heard that one went for $600 recently. I said I'd heard about an $800-plus sale on e-bay [on this board]. Maybe I'm fueling the hype image, but it is remarkable that this entire conversation happened -- in central Illinois -- far from the scene of the action.

    (Incidentally, my bank has sold me the odd mint-wrapped roll from time to time. Back in 2000, I bought a mint-wrapped roll of SAC dollars after a conversation with a teller who said that he'd opened several and noted that they were odd colors "all the way through the roll". I am saving that roll unopened to see what happens to the coins in like twenty years or something.)

    Life got you down? Listen to John Coltrane.
  • BarryBarry Posts: 10,100 ✭✭✭
    Does it really make new collectors or just attract those looking to make a quick buck in lottery style?

    Hey Russ, you're the expert in that field. Maybe you should teach an adult-ed class at the local community college on how to make a quick buck with coins...
  • I think it's cool, and I certainly hope it brings more collectors into the arena... but, just because I think they're cool, doesn't mean I think it's worth the money to buy em... image Cherrypick... hell yeah... buy at full price... no...
    -George
    42/92
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    Does it really make new collectors or just attract those looking to make a quick buck in lottery style?

    Probably both. This guy seems to want to get back to collecting coins of the kind he did as a child. Then, of course, there is the beanie baby crowd, who will buy and sell anything if they can turn a back on it.
  • xbobxbob Posts: 1,979
    My neighbor, who could care less about coins or even current events (but keeps an eye out for silver and wheats for me), came to me and told me about it. "Did you hear the Wisconsin Quarters?". Hey, if it's reached him it's definitely going to have an effect on collecting. Pocket change lottery has begun!

    ...again


    -Bob
    collections: Maryland related coins & exonumia, 7070 Type set, and Video Arcade Tokens.
    The Low Budget Y2K Registry Set
  • Yeah, its creating gullable idiots. That would be the dolts stupid enough to pay more than $100 for either of these errors.
  • thebeavthebeav Posts: 3,783 ✭✭✭✭✭
    FOUR calls at my shop yesterday !! Of course, every caller had the error coin, garnered from circulation here in Buffalo. The point being, here are four people, non-collectors, interested enough to make them open a phone book.....
    Meanwhile, this is the only error Wisconsin that is available in circulation here.....
    image

    Paul
  • DeepCoinDeepCoin Posts: 2,781 ✭✭✭
    It is interesting that everyone is calling these coins an error when they appear to be a variety to me. Of course the Mint has not stated the origin of these coins as of yet. A variety is much more exciting to me than an error.
    Retired United States Mint guy, now working on an Everyman Type Set.
  • carlcarl Posts: 2,054
    This quarter thing is working. I gave my neighbor an old red book because he nd his family are now interested in coins. They, like most people have a jar or can of coins and are now going through them. I'm getting emails from relatives and friends all now suddenly interested in coins. Unfortunately this will drive up the prices when I want to buy something but works great if trying to sell. Many new collectors to carry on though.
    Carl


  • << <i>

    << <i>I don't understand the cynicism the issue has been greeted with here.

    If you can't get enthused about something like this, what gets you excited about coin collecting? >>



    image >>



    Yes, but, 5 out of 5 error experts agree, it's a die gouge until they say otherwise. Because, since they know from past history that the mint will sit back silently and watch, they can create a cottage industry of commentary/speculation and own the issue because they will be the ones quoted in CoinWorld or other places. They may actually have common sense (yet to be proven) and know its a design variation, but that ends ceaseless debate and does not serve their purpose. So a die gouge it is, they proclaim.

    What is different this time? In my opinion, the internet. This time, dissemination of information is instantaneous and from an unlimited number of sources. They don't own this one. Since everyone can see the variation even though at this point relatively few have one, their guess is worth the same as everyone elses, and that they don't like, hence the cynicism and pooh-poohing.
    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
  • RussRuss Posts: 48,514 ✭✭✭
    With all the new interest in collecting this has generated, the cynic in me thinks perhaps the mint deliberately produced them. After all, SQ sales have been sagging in relative terms.

    Russ, NCNE
  • BearBear Posts: 18,953 ✭✭✭
    If it isnt filled with rasberry jelly, I dont get enthused.image
    There once was a place called
    Camelotimage
  • xbobxbob Posts: 1,979
    I have to admit I had the same thought as Russ about the Mint creating these on purpose for some free press and to get people interested in collecting.

    It's a lucky break (or should I say gouge) for them but I doubt anyone at the Mint planned this little "conspiracy". But we'll never know for sure, will we?
    -Bob
    collections: Maryland related coins & exonumia, 7070 Type set, and Video Arcade Tokens.
    The Low Budget Y2K Registry Set
  • You would think with all the people on here representing so many different age groups, backgrounds, jobs, species, that there would be at least one mint employee.image
    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


  • << <i>Yeah, its creating gullable idiots. That would be the dolts stupid enough to pay more than $100 for either of these errors >>



    This coming from smoeone who has a Franklin as their icon!image
  • cladkingcladking Posts: 28,649 ✭✭✭✭✭
    I walked up on a couple people using vending machines as they were talking about the new variety.
    I explained what to look for and how to find it. Of course, I also had to tell them that there were lots
    of other rarities in circulation they'd be hearing more about in the future.image
    Tempus fugit.

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