Questions from a New Collector

CamTron

I recently got into collecting coins and I’m packed with questions. I’m not going to over flow these pages with general ones, due to the fact that goggling most questions will get you an answer. I do, however have, have a direct question about coins that I feel I would like to get an open response on. I really like the idea of having error coins, and I’m very unclear on how it effects the value of a coin directly. An example being that I recently found this dime:



Its 1980 D dime with, as you can see, the “I” and the “M” and “E” either all or partially missing. Does something like this make a coin more valuable in a general market, or is this considered a damaged coin.

I’m really looking forward to my time here and extremely excited about this new interest of mine. Any input on the coin would be greatly appreciated. Thanks!

CarlWohlforth

Welcome!

Errors are interesting. I don't know much about them but some people here are very knowledgeable. If the dies were filled with grease that could cause what you have there. Keep looking into these neat errors and you will learn which add lots of value and which are interesting but of less value.

cladking

Welcome aboard.

This was a common problem on the '68 to '80 dimes but usually affected the
E Pluribus Unum. There are few collectors of these and getting a premium
might be difficult. Ironically I collect these halfheartedly myself.

CarlWohlforth

Hey CladKing, what caused that error?

MRK

Welcome to the forums! I believe this coin has been struck with a grease filled die, meaning grease has filled in the areas of the M and E on the reverse die, prohibiting the letters to be struck onto the coin. I don't believe this adds any value to the coin, but if you like it, that's what matters. If you get a chance, see if there any local coin shows. There are almost always dealers who specialize in error coins so you can get an education on them.

BaronVonBaugh

MikeInFL

That looks like a struck through grease error to me...Mike

Freak1c

Error coins are highly sought after. Nice find !

Freak

chabot510

garsmith

Welcome Cam Tron;

Around here knowledge is wealth and people don't mind spreading the wealth. You will get beter answers to your questions here than by googling, so feel free to ask. Lots of great board members here and lots of coin type experts who are willing to help.

Woodwind

Hello and welcome aboard.

About the only thing I know about error coins is that generally, the more major and "visible" the error coin is, the more its worth. For example, a cent struck on a dime planchet is worth much more than a grease-filled die.

Check out Fred Weinberg's website for a ton of information and values on error coins. I browse the site occasionally. Enjoy.

numobri

I agree with most here and say,Grease filled dies.Just my guess,i'm not an expert on error coins.

I do have a few.

One cool error(I think)I have is a Morgan Dollar that the reverse is rotated about 35% to 40%.

There are many,ERROR PEOPLE,on this board,ask away.

Cool find.


Brian

carl

I'm kind of an error coin collector but by no means an expert. I just collect anything that is an error. Yours is really a ONE DI coin and not an error. Just kidding. In reality I have numerous coins with missing letters or numbers or both. Not much value yet. The error market is sort of just getting off the ground now. Originally only the famous error coins were worth money at coin shows. These were the ones that were in coin albums such as the infamous 1955DD Lincoln Cent. Large offsets used to be a dollar at coin shows and shops as long as the date was visable. However, now that there are books on the market discribing error coins, how they occur, what and how to look for them, the value is really taking off. At a few coin shows I've gone to lately, there are now dealers that actually have numerous error coins and the prices are going up all the time. However, not much in the way of missing letters or numbers yet. As soon as someone writes a book on them the prices will take off.

Gemineye

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