I like the "speared" bison. The die gouge was fortuitous, if not deliberate. I do not find them to be of numismatic interest, but I sure wish I could find some to sell for an obscene profit™.
I hadn't really been paying attention to these nickels but when the local coin club president started touting the bearded Jefferson nickel, I almost started to go down and tell him like it is. This money grubber would say anything to get someone to buy his coins. How he got on the front page of the paper is beyond me.
Ya'll are so silly. If you aren't interested in the Speared Bison, don't read posts about it. I wasn't all that interested in the urinating minute man, so guess what...I ignored all the posts about it! Wow, what a concept!
P.S. I find it very interesting, and if Pam (and others) can make some money off of it, I say good for them!!!
I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
<< <i>I think it's funny and very ironic when a VAM enthusiast knocks the speared bison.
Although, that comment comes from someone who collects quarters and half dollars by Browning and Overton varieties Namely, me >>
I may guess that you were referring to me. . .
Like my post said I hadn't given it much attention and I wasn't referring specifically to the speared bison in my comments. When people, like my local coin club president (read the link), start promoting coins as valuable errors just because they have a bit of a grease strike through at the end of Jefferson's chin, I think that's going overboard.
having fun going through rolls is one thing. ripping folks on ebay is another.
Coins should be fun and different people enjoy coins in different ways. As long as no one is getting hurt or deceived, there is nothing wrong with people spending their money any way they please.
There's is often a lot of ripping going on in the coin industry - why pick on the Speared Bison for that . . . . look around. People mostly choose what they want to pay in this hobby. If everyone could get the coins they want for cheap prices, that would be a hay day, wouldn't it. Who determines value? The market. I think your statement is unfounded, RN.
Just one example: Look what people pay for monster toned - AT - or even album toned coins. They pay what they want to pay - because they want the coin and LIKE IT.
I also think this thread was unneccesary - why don't we ALL just start a thread about coins were are SICK of hearing about. Morgans for instance. I have a lot of Morgans, but don't care to read about them. Guess what I do about all the Morgan threads or auctions - My, my - I ignore them. How mature of me. I don't knock what other people collect.
Who's sick of people knocking the Speared Bison . . . evidently more than 1/3 of the people on this forum. So why do you want to knock what people want to collect? It's really none of your business what someone wants to collect - or pay for a coin they want.
I will say one thing in regards to the SB pricing. When I first got them, I started all of my auctions at 8 cents or 88 cents (as did others). *Collectors themselves* established the market price. If someone wants to outbid someone for a coin they want and pay more for it because they want it/like it - it's really nobody elses' business but that persons.
You should be able to collect whatever you want. But when you sell bogus BS coins on Ebay to the unsuspecting people for inflated prices, that think its really a RARE coin, then you are a SHAFTER of the public. Put in your ad what it is and that its just that and not a rare item and see. For the people who know it isnt anything and have more money than brains....GO FOR IT!!
<< <i>If someone wants to outbid someone for a coin they want and pay more for it because they want it/like it - it's none of your business. >>
AMEN !!!!!!
I want one of the Speared Bison Nics. I will decide what I will pay for one. If I can't find one for the price I am willing to pay then i guess i won't be getting one.
Why all this whining about the Bison Discovery coins?? Sounds like envy to me, plain and simple !
Hey Pam, Congratulations on your very cool discovery and resulting fame ! !!!!
I am very happy for you !
edited to add: What i'm really sick of, and so are others i'm sure, is the childish whining about the Speared Bison.
<< <i>If someone wants to outbid someone for a coin they want and pay more for it because they want it/like it - it's none of your business. >>
AMEN !!!!!!
I want one of the Speared Bison Nics. I will decide what I will pay for one. If I can't find one for the price I am willing to pay then i guess i won't be getting one.
Why all this whining about the Bison Discovery coins?? Sounds like envy to me, plain and simple !
Hey Pam, Congratulations on your very cool discovery and resulting fame ! !!!!
I am very happy for you !
edited to add: What i'm really sick of, and so are others i'm sure, is the childish whining about the Speared Bison.
>>
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
<< <i>You should be able to collect whatever you want. But when you sell bogus BS coins on Ebay to the unsuspecting people for inflated prices, that think its really a RARE coin, then you are a SHAFTER of the public. Put in your ad what it is and that its just that and not a rare item and see. For the people who know it isnt anything and have more money than brains....GO FOR IT!! >>
This isn't fair to the discoverer, sellers, or buyers of this coin.
It's not fair simply because there is no one involved with this coin who is attempting to injure the hobby or defraud people of their money. It was found by a real numis- matist who was very excited by the find as most any collector would be. It was pub- licized as much as a public service and to get feedback as for any other reason. Even the promoters have apparently been driven more by attempting to spur the hobby as to make profits. Those who are buying the coin may sometimes be driven by a specu- lative fever but what segment of the hobby does this not apply to? Many people sim- ply don't like to wait to own the newest discoveries and this is likely what's driving most of these purchases and it is this demand and supply which is setting prices.
There are many reasons to like or dislike these coins but very few on either side of the issue have decided on the basis of ignorance, stupidity, or dishonesty.
<< <i>But when you sell bogus BS coins on Ebay to the unsuspecting people for inflated prices, that think its really a RARE coin, then you are a SHAFTER of the public. >>
Couldn't get one cheap, I guess.
There seem to be several here who are incapable of grasping the concept that listing a coin in an auction venue and letting the bidders give it the thumbs up or thumbs down is not ripping anybody off. If it were, then Heritage, ANR, Superior, etc are all crooks. After all, many of the coins they've been selling have been bringing multiples of greysheet. They must be thieves.
I will give you credit for being a superb marketer of your find. PT Barnum has nothing on you! >>
What a cheap shot!
It's not like Pam made these things in her garage, good grief, she discovered an interesting series for this coin and first brought it to the attention of this board!
How many of you out there would not have done exactly the same thing! Very few I would speculate!
Personally I would have been deliriously excited to have come across this and am very happy with the fact that it came out here first. This gave me the opportunity to purchase one before the rush!
Lastly, it was not Pam's decision to have this recognized by PCGS, it was Homerunhall. If you have issues, take it up with him!
Sheesh!
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
Put in your ad what it is and that its just that and not a rare item and see.
RayJay - First of all you are wrong, reindeer. Not once, EVER, have I called this error a 'rare' coin in any sort of way. People ask me how many there are. Guess my answer - I don't know . . . I have NO clue.
You are wrong about shafting the public. I have not misled anyone. I called an apple and apple, and some folks like apples. What business is it of yours?
At risk of bringing getting the modern collectors mad at me yet again I'll say this.
Some people say they collect modern coins because they can't afford to collect the classics in decent condition. OK, fair enough. When you weigh yourself down with stuff like this "speared bison" die state thing at hefty prices, you are setting yourself up to remain a collector who ultimately will own little of note.
Yes, if you got on the ground floor of some classic varieties, like the 1955, 1972 and 1983 doubled die cents, you’re sitting pretty. BUT who knows what will catch on and what won't? A lot of this stuff will sink into obscurity because it just won’t have the “legs” to remain in the forefront of collector interest.
Have you ever heard of the 1965 "dot" cent? Back then it was going to be the coin that would fill the "D mint" hole in collectors' albums because it was said to have been made at the Denver mint. How about the Mass. Minute Man who was taking a wiz? Have you seen any of those selling for big bucks recently?
AND if the mint really is making this stuff (speared bison, extra leaf Wisconsin quarter) on purpose, and continues to put out varieties like this for all of their new issues, it will get to be like the baseball card business. They ruined their collector base with too many varieties that didn’t amount to squat in the long run.
If you like this stuff as a collector, go for it. But don’t buy it with the idea that you will make money in the long run. The chances are quite high that if you do buy all of these coin varieties for high prices, that you won’t see your money again.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
<< <i>BUT who knows what will catch on and what won't? >>
Apparently, you do:
<< <i>When you weigh yourself down with stuff like this "speared bison" die state thing at hefty prices, you are setting yourself up to remain a collector who ultimately will own little of note. >>
Nope, I never claimed that I did know what would be good. If I did, I'd buy "the right ones," and sell them for a big profit down the line.
My point was. not all of these varieties are going to be good in the long run, and buying them strictly for specuation at high prices is a financially dangerous game.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
<< <i>At risk of bringing getting the modern collectors mad at me yet again I'll say this.
Some people say they collect modern coins because they can't afford to collect the classics in decent condition. OK, fair enough. When you weigh yourself down with stuff like this "speared bison" die state thing at hefty prices, you are setting yourself up to remain a collector who ultimately will own little of note.
Yes, if you got on the ground floor of some classic varieties, like the 1955, 1972 and 1983 doubled die cents, you’re sitting pretty. BUT who knows what will catch on and what won't? A lot of this stuff will sink into obscurity because it just won’t have the “legs” to remain in the forefront of collector interest.
Have you ever heard of the 1965 "dot" cent? Back then it was going to be the coin that would fill the "D mint" hole in collectors' albums because it was said to have been made at the Denver mint. How about the Mass. Minute Man who was taking a wiz? Have you seen any of those selling for big bucks recently?
AND if the mint really is making this stuff (speared bison, extra leaf Wisconsin quarter) on purpose, and continues to put out varieties like this for all of their new issues, it will get to be like the baseball card business. They ruined their collector base with too many varieties that didn’t amount to squat in the long run.
If you like this stuff as a collector, go for it. But don’t buy it with the idea that you will make money in the long run. The chances are quite high that if you do buy all of these coin varieties for high prices, that you won’t see your money again. >>
There are not a lot of moderns like the speared bison with which to weigh oneself down.
Certainly there are still some moderns with prices which may not stand the test of time because they are more available than their price would indicate. But I can think of no other moderns which are otherwise minor errors with fancy names though it could be ar- gued this applies to the WI coins.
There are many classic and older coins of this sort which still command hefty premiums such as the '22 "plain" cent and the three legged buffalos.
It's hardly impossible that this one will join the list.
and buying them strictly for specuation at high prices is a financially dangerous game.
What makes you think that everyone who buys a Speared Bison is an investor? Some folks have told me they thought it was neat and liked and bought it for THAT reason. Not everyone is an investor.
Yes, clad, but if you look a recent history, you see that we have had three "name" varieties now in less than four months. At at least in the case of at least one of the extra leaf Wisconsin quarters, there is some strong evidence that this was NOT a random happening. i.e. the extra leaf was added intentionally.
If this is the case, watch out! because not all of this stuff is going to stick. The mint has gone from being a agency that was 100% concerned about supplying coins for general circulatoin, which had a hostile attitude toward collectors, to a profit center is that making coins and coin related products to market to collectors. There was 15 year gap between the 1922 Plain and the 1937-D three legged buffalo. These coins were created because the mint unintentionally pushed some old dies too far, and it resulted in something that was distinctive.
If the mint is making at some of this stuff intentionally, they could be damaging the goose that is laying the golden eggs for them. One of the thrills of a varieties and errors is that they come into being as a random act. If people come to view them as some that is made intentionally, the market for them will be hurt and hurt badly IMO.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
I will give you credit for being a superb marketer of your find. PT Barnum has nothing on you! >>
What a cheap shot!
It's not like Pam made these things in her garage, good grief, she discovered an interesting series for this coin and first brought it to the attention of this board!
just like PT Barnum made exotic animals and people available for others to see. okay maybe he fudged things a little bit. but having discovery coins in different slabs (anacs and pcgs) is also fudging. it's a great promotion, and i laud the promoter. i would have done the same...might as well milk it for all that it is worth. let's revisit this thread 5 years from now and see if anyone even remembers the smeared bison. okay?
There is ONLY one discovery coin - not various ones in different holders. I don't know where you come up with 'discovery coins in different slabs'. That doesn't even make sense much less being true. There can only be one discovery coin. As far as the PT Barnum comparison, pah-lease. Had a well known dealer or someone prominant in the coin world made this discovery, most would be singing a different tune. Don't like it - don't buy it. Maybe I don't like your coins eithers but I don't knock them. Lots of busybodies, green monsters and people with no lives knocking a very legitimate error coin is very entertaining.
<<You should be able to collect whatever you want. But when you sell bogus BS coins on Ebay to the unsuspecting people for inflated prices, that think its really a RARE coin, then you are a SHAFTER of the public.>>
I find it hilarious that this is posted on a coin forum. What is your most valuable coin? You say you have a cent that's worth $1000? Well you're a shafter of the public, since anyone can see that it's just worth a penny. I bet on the back it even says "one cent." Trying to market your "RARE" 1909 S VDB cent to an unsuspecting public makes you a terrible person! Umm...right...
An item is worth whatever someone will pay for it. Period. The market decides that the 1909 S VDB cent is worth more than one cent, and the market decides that the speared bison is worth more than a nickel. You need to go show your coin collection to some non-collector, and tell them you spent hundreds or thousands of dollars on a coin. I bet ya the first thing they say is "well it's only a penny" (or nickel, or dime, etc.). You place a higher value on it than that person, and that's what makes it valuable.
You need to do two things: a) take an economics class, and b) get a life.
I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
<< <i>but having discovery coins in different slabs (anacs and pcgs) is also fudging. it's a great promotion, and i laud the promoter. i would have done the same...might as well milk it for all that it is worth. let's revisit this thread 5 years from now and see if anyone even remembers the smeared bison. okay? >>
I totally agree with the "let's wait for 5 years" portion of this thread. After all, who'd a known that the 1999 Silver proof sets were going to be so expensive!
It's the "promoting a product" part that bugs me! I do not think for a minute that there was promoting going on here as much as perhaps recognition of a specific find by reputable organizations!
Hang in there Pam!
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
<< <i>just like PT Barnum made exotic animals and people available for others to see. okay maybe he fudged things a little bit. but having discovery coins in different slabs (anacs and pcgs) is also fudging. it's a great promotion, and i laud the promoter. i would have done the same...might as well milk it for all that it is worth. let's revisit this thread 5 years from now and see if anyone even remembers the smeared bison. okay? >>
Methinks someone is jealous!
I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
Ya know, after thought, it isn't that I am sick of the "speared/die gouged buffalo"....rather, it is that I am sick of nepqueen's whining when people don't like it.
So, I am still sick of it and can't change my vote, but I am more sick of her and her whining
I personally think Neptune (Pam) did this 100% perfectly. She presented to these boards (in question form) her find, discovered that it was a really cool error coin, and promoted it beautifully. I wish I had found it with her, promoted it they same way - with her, and shared her position. I think she is to be commended for this. I hope the error stands the test of time and she ends up enjoying her find financially for a long time to come. My only disagreement with the SB slab is that PCGS has shunned so many other varieties in the past, that I think Mr. Hall should have thought about this great hobby of ours and rewarded those varieties also. I love to see the SB in a slab, but regret PCGS ignoring so many other-LONG COLLECTED- varieties. So do the right thing Mr. Hall- step up to the plate- and put equal effort into other well documented varieties. Pam- I wish you well and say once again- good luck - and I really hope you find another awesome error/variety and do well with it also-JRocco
Comments
The name is LEE!
Russ, NCNE
<< <i>I love them! I want to see many more posts about them! Actually, I don't really care that much about the coin, but the whining is entertaining.
Russ, NCNE >>
Nice wishy-washy answer. Covers all the bases of someone who voted *Yes* too.
I wouldn't pay over 5 cents for one.
whining . . . . such as threads like this.
Jim
Semper ubi sub ubi
Although, that comment comes from someone who collects quarters and half dollars by Browning and Overton varieties
Namely, me
Liberty: Parent of Science & Industry
<< <i>but the whining is entertaining.
whining . . . . such as posts like this. >>
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
They are have a blast getting Bisons from the banks and searching, and frankly, so am I!
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
P.S. I find it very interesting, and if Pam (and others) can make some money off of it, I say good for them!!!
<< <i>I think it's funny and very ironic when a VAM enthusiast knocks the speared bison.
Although, that comment comes from someone who collects quarters and half dollars by Browning and Overton varieties
Namely, me
I may guess that you were referring to me. . .
Like my post said I hadn't given it much attention and I wasn't referring specifically to the speared bison in my comments. When people, like my local coin club president (read the link), start promoting coins as valuable errors just because they have a bit of a grease strike through at the end of Jefferson's chin, I think that's going overboard.
Semper ubi sub ubi
this would be a great coin to short, though the way the prices are falling, the easy money has already been made!
enjoy!
Coins should be fun and different people enjoy coins in different ways. As long as no one is getting hurt or deceived, there is nothing wrong with people spending their money any way they please.
Just one example: Look what people pay for monster toned - AT - or even album toned coins. They pay what they want to pay - because they want the coin and LIKE IT.
I also think this thread was unneccesary - why don't we ALL just start a thread about coins were are SICK of hearing about. Morgans for instance. I have a lot of Morgans, but don't care to read about them. Guess what I do about all the Morgan threads or auctions - My, my - I ignore them. How mature of me. I don't knock what other people collect.
Who's sick of people knocking the Speared Bison . . . evidently more than 1/3 of the people on this forum. So why do you want to knock what people want to collect? It's really none of your business what someone wants to collect - or pay for a coin they want.
I will say one thing in regards to the SB pricing. When I first got them, I started all of my auctions at 8 cents or 88 cents (as did others). *Collectors themselves* established the market price. If someone wants to outbid someone for a coin they want and pay more for it because they want it/like it - it's really nobody elses' business but that persons.
Put in your ad what it is and that its just that and not a rare item and see.
For the people who know it isnt anything and have more money than brains....GO FOR IT!!
<< <i>If someone wants to outbid someone for a coin they want and pay more for it because they want it/like it - it's none of your business. >>
AMEN !!!!!!
I want one of the Speared Bison Nics. I will decide what I will pay for one. If I can't find one for the price I am willing to pay then i guess i won't be getting one.
Why all this whining
Hey Pam, Congratulations on your very cool discovery and resulting fame !
I am very happy for you !
edited to add: What i'm really sick of, and so are others i'm sure, is the childish whining about the Speared Bison.
<< <i>Neptune:
<< <i>If someone wants to outbid someone for a coin they want and pay more for it because they want it/like it - it's none of your business. >>
AMEN !!!!!!
I want one of the Speared Bison Nics. I will decide what I will pay for one. If I can't find one for the price I am willing to pay then i guess i won't be getting one.
Why all this whining
Hey Pam, Congratulations on your very cool discovery and resulting fame !
I am very happy for you !
edited to add: What i'm really sick of, and so are others i'm sure, is the childish whining about the Speared Bison.
The name is LEE!
I will give you credit for being a superb marketer of your find. PT Barnum has nothing on you!
<< <i>You should be able to collect whatever you want. But when you sell bogus BS coins on Ebay to the unsuspecting people for inflated prices, that think its really a RARE coin, then you are a SHAFTER of the public.
Put in your ad what it is and that its just that and not a rare item and see.
For the people who know it isnt anything and have more money than brains....GO FOR IT!! >>
This isn't fair to the discoverer, sellers, or buyers of this coin.
It's not fair simply because there is no one involved with this coin who is attempting
to injure the hobby or defraud people of their money. It was found by a real numis-
matist who was very excited by the find as most any collector would be. It was pub-
licized as much as a public service and to get feedback as for any other reason. Even
the promoters have apparently been driven more by attempting to spur the hobby as
to make profits. Those who are buying the coin may sometimes be driven by a specu-
lative fever but what segment of the hobby does this not apply to? Many people sim-
ply don't like to wait to own the newest discoveries and this is likely what's driving most
of these purchases and it is this demand and supply which is setting prices.
There are many reasons to like or dislike these coins but very few on either side of the
issue have decided on the basis of ignorance, stupidity, or dishonesty.
<< <i>But when you sell bogus BS coins on Ebay to the unsuspecting people for inflated prices, that think its really a RARE coin, then you are a SHAFTER of the public. >>
Couldn't get one cheap, I guess.
There seem to be several here who are incapable of grasping the concept that listing a coin in an auction venue and letting the bidders give it the thumbs up or thumbs down is not ripping anybody off. If it were, then Heritage, ANR, Superior, etc are all crooks. After all, many of the coins they've been selling have been bringing multiples of greysheet. They must be thieves.
Russ, NCNE
<< <i>Neptune,
I will give you credit for being a superb marketer of your find. PT Barnum has nothing on you! >>
What a cheap shot!
It's not like Pam made these things in her garage, good grief, she discovered an interesting series for this coin and first brought it to the attention of this board!
How many of you out there would not have done exactly the same thing! Very few I would speculate!
Personally I would have been deliriously excited to have come across this and am very happy with the fact that it came out here first. This gave me the opportunity to purchase one before the rush!
Lastly, it was not Pam's decision to have this recognized by PCGS, it was Homerunhall. If you have issues, take it up with him!
Sheesh!
The name is LEE!
RayJay - First of all you are wrong, reindeer. Not once, EVER, have I called this error a 'rare' coin in any sort of way. People ask me how many there are. Guess my answer - I don't know . . . I have NO clue.
You are wrong about shafting the public. I have not misled anyone. I called an apple and apple, and some folks like apples. What business is it of yours?
Your accusations are out of line.
Some people say they collect modern coins because they can't afford to collect the classics in decent condition. OK, fair enough. When you weigh yourself down with stuff like this "speared bison" die state thing at hefty prices, you are setting yourself up to remain a collector who ultimately will own little of note.
Yes, if you got on the ground floor of some classic varieties, like the 1955, 1972 and 1983 doubled die cents, you’re sitting pretty. BUT who knows what will catch on and what won't? A lot of this stuff will sink into obscurity because it just won’t have the “legs” to remain in the forefront of collector interest.
Have you ever heard of the 1965 "dot" cent? Back then it was going to be the coin that would fill the "D mint" hole in collectors' albums because it was said to have been made at the Denver mint. How about the Mass. Minute Man who was taking a wiz? Have you seen any of those selling for big bucks recently?
AND if the mint really is making this stuff (speared bison, extra leaf Wisconsin quarter) on purpose, and continues to put out varieties like this for all of their new issues, it will get to be like the baseball card business. They ruined their collector base with too many varieties that didn’t amount to squat in the long run.
If you like this stuff as a collector, go for it. But don’t buy it with the idea that you will make money in the long run. The chances are quite high that if you do buy all of these coin varieties for high prices, that you won’t see your money again.
<< <i>BUT who knows what will catch on and what won't? >>
Apparently, you do:
<< <i>When you weigh yourself down with stuff like this "speared bison" die state thing at hefty prices, you are setting yourself up to remain a collector who ultimately will own little of note. >>
Russ, NCNE
I'm ready for some ribs!
Photos of the 2006 Boston Massacre
<< <i>Apparently, you do: >>
Nope, I never claimed that I did know what would be good. If I did, I'd buy "the right ones," and sell them for a big profit down the line.
My point was. not all of these varieties are going to be good in the long run, and buying them strictly for specuation at high prices is a financially dangerous game.
<< <i>At risk of bringing getting the modern collectors mad at me yet again I'll say this.
Some people say they collect modern coins because they can't afford to collect the classics in decent condition. OK, fair enough. When you weigh yourself down with stuff like this "speared bison" die state thing at hefty prices, you are setting yourself up to remain a collector who ultimately will own little of note.
Yes, if you got on the ground floor of some classic varieties, like the 1955, 1972 and 1983 doubled die cents, you’re sitting pretty. BUT who knows what will catch on and what won't? A lot of this stuff will sink into obscurity because it just won’t have the “legs” to remain in the forefront of collector interest.
Have you ever heard of the 1965 "dot" cent? Back then it was going to be the coin that would fill the "D mint" hole in collectors' albums because it was said to have been made at the Denver mint. How about the Mass. Minute Man who was taking a wiz? Have you seen any of those selling for big bucks recently?
AND if the mint really is making this stuff (speared bison, extra leaf Wisconsin quarter) on purpose, and continues to put out varieties like this for all of their new issues, it will get to be like the baseball card business. They ruined their collector base with too many varieties that didn’t amount to squat in the long run.
If you like this stuff as a collector, go for it. But don’t buy it with the idea that you will make money in the long run. The chances are quite high that if you do buy all of these coin varieties for high prices, that you won’t see your money again. >>
There are not a lot of moderns like the speared bison with which to weigh oneself down.
Certainly there are still some moderns with prices which may not stand the test of time
because they are more available than their price would indicate. But I can think of no
other moderns which are otherwise minor errors with fancy names though it could be ar-
gued this applies to the WI coins.
There are many classic and older coins of this sort which still command hefty premiums
such as the '22 "plain" cent and the three legged buffalos.
It's hardly impossible that this one will join the list.
What makes you think that everyone who buys a Speared Bison is an investor? Some folks have told me they thought it was neat and liked and bought it for THAT reason. Not everyone is an investor.
If this is the case, watch out! because not all of this stuff is going to stick. The mint has gone from being a agency that was 100% concerned about supplying coins for general circulatoin, which had a hostile attitude toward collectors, to a profit center is that making coins and coin related products to market to collectors. There was 15 year gap between the 1922 Plain and the 1937-D three legged buffalo. These coins were created because the mint unintentionally pushed some old dies too far, and it resulted in something that was distinctive.
If the mint is making at some of this stuff intentionally, they could be damaging the goose that is laying the golden eggs for them. One of the thrills of a varieties and errors is that they come into being as a random act. If people come to view them as some that is made intentionally, the market for them will be hurt and hurt badly IMO.
What a cheap shot!
It's not like Pam made these things in her garage, good grief, she discovered an interesting series for this coin and first brought it to the attention of this board!
just like PT Barnum made exotic animals and people available for others to see. okay maybe he fudged things a little bit. but having discovery coins in different slabs (anacs and pcgs) is also fudging. it's a great promotion, and i laud the promoter. i would have done the same...might as well milk it for all that it is worth. let's revisit this thread 5 years from now and see if anyone even remembers the smeared bison. okay?
I find it hilarious that this is posted on a coin forum. What is your most valuable coin? You say you have a cent that's worth $1000? Well you're a shafter of the public, since anyone can see that it's just worth a penny. I bet on the back it even says "one cent." Trying to market your "RARE" 1909 S VDB cent to an unsuspecting public makes you a terrible person! Umm...right...
An item is worth whatever someone will pay for it. Period. The market decides that the 1909 S VDB cent is worth more than one cent, and the market decides that the speared bison is worth more than a nickel. You need to go show your coin collection to some non-collector, and tell them you spent hundreds or thousands of dollars on a coin. I bet ya the first thing they say is "well it's only a penny" (or nickel, or dime, etc.). You place a higher value on it than that person, and that's what makes it valuable.
You need to do two things: a) take an economics class, and b) get a life.
<< <i>but having discovery coins in different slabs (anacs and pcgs) is also fudging. it's a great promotion, and i laud the promoter. i would have done the same...might as well milk it for all that it is worth. let's revisit this thread 5 years from now and see if anyone even remembers the smeared bison. okay? >>
I totally agree with the "let's wait for 5 years" portion of this thread. After all, who'd a known that the 1999 Silver proof sets were going to be so expensive!
It's the "promoting a product" part that bugs me! I do not think for a minute that there was promoting going on here as much as perhaps recognition of a specific find by reputable organizations!
Hang in there Pam!
The name is LEE!
<< <i>just like PT Barnum made exotic animals and people available for others to see. okay maybe he fudged things a little bit. but having discovery coins in different slabs (anacs and pcgs) is also fudging. it's a great promotion, and i laud the promoter. i would have done the same...might as well milk it for all that it is worth. let's revisit this thread 5 years from now and see if anyone even remembers the smeared bison. okay? >>
Methinks someone is jealous!
with swiss and bacon on a sesame seed bun.
Please check out my eBay auctions!
My WLH Short Set Registry Collection
So, I am still sick of it and can't change my vote, but I am more sick of her and her whining
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment