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Thanks to John Nanney's Discovery, 2008 ASE's with 2007 reverse going through the roof

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  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>I just got 9 boxes of 10 from the mint. Ordered on the 25th, delivered today. I got 85 Rev 07's and 5 Rev of 08's.!!!!!!! I will be taking the Wife out to dinner tonight. >>




    I think you just bummed some people out. Was that after the back order notice first came out?
    Gold and silver are valuable but wisdom is priceless.
  • hrlaserhrlaser Posts: 1,133 ✭✭


    << <i>For some reason it strikes me as funny that some of the 2008obv/2007rev were colorized. I saw one the other day and had to laugh just a little before I though "what a waste"

    Jeff >>



    cool.. i hope the teevee hucksters colorize every one they can get their hands on, rendering them worth an oz. of Silver.. sell them for fifty bucks to those geniuses who sit glued to the tube with a CC in one hand and a phone in the other.. and the requisite rusting water heaters laying on the ground outside their house trailers.. then when the suckers find out they have a rare error coin in an erzatz case with a "genuine COA" that some nimrod painted so it'd look "purty" and try to scrape the paint off with a steel wool pad, PCGS and NGC can devise a new body bag label - "surface altered by an idiot"..
    "I won't be wronged, I won't be insulted, I won't be laid a hand on.. I don't do these things to other people.. I require the same of them.."
    - John Wayne, "The Shootist" (1976.. his final film)..
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>

    << <i>For some reason it strikes me as funny that some of the 2008obv/2007rev were colorized. I saw one the other day and had to laugh just a little before I though "what a waste"

    Jeff >>



    cool.. i hope the teevee hucksters colorize every one they can get their hands on, rendering them worth an oz. of Silver.. sell them for fifty bucks to those geniuses who sit glued to the tube with a CC in one hand and a phone in the other.. and the requisite rusting water heaters laying on the ground outside their house trailers.. then when the suckers find out they have a rare error coin in an erzatz case with a "genuine COA" that some nimrod painted so it'd look "purty" and try to scrape the paint off with a steel wool pad, PCGS and NGC can devise a new body bag label - "surface altered by an idiot".. >>



    Can we say stereotype? I think even most of the tv hucksters are smarter than that.
    Gold and silver are valuable but wisdom is priceless.
  • mr1931Smr1931S Posts: 6,242 ✭✭✭✭✭
    when the suckers find out they have a rare error coin in an erzatz case with a "genuine COA" that some nimrod painted so it'd look "purty" and try to scrape the paint off with a steel wool pad, PCGS and NGC can devise a new body bag label - "surface altered by an idiot"..

    Now that is image The only thing funnier is an SVDB that was run over by a train.

    Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein

  • clackamasclackamas Posts: 5,615


    << <i>

    << <i>I just got 9 boxes of 10 from the mint. Ordered on the 25th, delivered today. I got 85 Rev 07's and 5 Rev of 08's.!!!!!!! I will be taking the Wife out to dinner tonight. >>




    I think you just bummed some people out. Was that after the back order notice first came out? >>



    I don't know, I am not sure when the backorder notice was posted. I oredere 214 of the them. the order for 99 still has not charged, the ordere for 2 looks like it will ship tonight and the 9 orderes of 10 shipped yesterday. the cancel box has been gone for a least a couple of days.
  • cinman14cinman14 Posts: 2,489
    I bought 5 of the 2001 painted ASE's from my local B@M They were selling them for .50 over spot at the time..I paid 15.50 for them.
    Went home soaked them in acetone for 2 minutes threw them in a tube..Fast forward a few months when silver spiked..Took them back and they were paying 1.50 over spot. They couldn't tell they were the same painted ASE's they couldn't wait to get rid of..image


  • << <i>You are better off just buying a ungraged coin before the prices get much higher >>



    image
    Sure, we want to go home. We want this war over with. The quickest way to get it over with is to go get the bastards who started it. The quicker they are whipped, the quicker we can go home. - General George S. Patton
  • cinman14cinman14 Posts: 2,489


    << <i>The Fulfillment Center must be their last arm of QA >>



    Sounds like someone is doing a little cherry picking of their own....image

  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>I bought 5 of the 2001 painted ASE's from my local B@M They were selling them for .50 over spot at the time..I paid 15.50 for them.
    Went home soaked them in acetone for 2 minutes threw them in a tube..Fast forward a few months when silver spiked..Took them back and they were paying 1.50 over spot. They couldn't tell they were the same painted ASE's they couldn't wait to get rid of..image >>



    Wow, they paid you over spot? The local BM clods around where I live always pay below spot.
    Gold and silver are valuable but wisdom is priceless.
  • cinman14cinman14 Posts: 2,489
    But they are charging 4 dollars over spot as of Monday morning....image

    They do pay below spot on everything else
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>

    << <i>

    << <i>I just got 9 boxes of 10 from the mint. Ordered on the 25th, delivered today. I got 85 Rev 07's and 5 Rev of 08's.!!!!!!! I will be taking the Wife out to dinner tonight. >>




    I think you just bummed some people out. Was that after the back order notice first came out? >>



    I don't know, I am not sure when the backorder notice was posted. I oredere 214 of the them. the order for 99 still has not charged, the ordere for 2 looks like it will ship tonight and the 9 orderes of 10 shipped yesterday. the cancel box has been gone for a least a couple of days. >>




    Wait a minute. You are saying the mint got an order to you in just 5 days? No way they work that fast.

    Edited: Never mind. I just refreshed my mint shipment history and oops, I got mine in 5 days. Sorry, just seemed longer.
    Gold and silver are valuable but wisdom is priceless.
  • clackamasclackamas Posts: 5,615
    Anyone have the PCGS coin #'s for the rev of 07's and the rev of 08's? Please post - thanks

    Rev of 07 - 396411
    Rev of 08 - 393057

    You have to send them in with Variety and pay the extra $20.
  • hrlaserhrlaser Posts: 1,133 ✭✭


    << <i>when the suckers find out they have a rare error coin in an erzatz case with a "genuine COA" that some nimrod painted so it'd look "purty" and try to scrape the paint off with a steel wool pad, PCGS and NGC can devise a new body bag label - "surface altered by an idiot"..

    Now that is image The only thing funnier is an SVDB that was run over by a train. >>



    yeah.. yesterday i was in a Ralph's supermarket and after paying and bagging, i always walk past the CoinStar machine and reach into the reject slot down below knee level to seel if there's anything in it.. occasionally there's a "pressed penny" or a Silver dime or more usually, bent common Memorial cents.. well i dawdled checking my cash register receipt a few seconds too long.. as i approached the machine, there was an old gent bent over pulling out HANDSFUL of coins from the reject slot and filling his coat pockets with them.. i thought damn! i wonder what all those coins are.. i'll never know.. i hesitated for a moment, thinking to ask him to show me a handful, but said "screw it" and walked out of the store kicking myself for missing out on who knows what by a few seconds.. but whaddya gonna do..
    "I won't be wronged, I won't be insulted, I won't be laid a hand on.. I don't do these things to other people.. I require the same of them.."
    - John Wayne, "The Shootist" (1976.. his final film)..
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>

    << <i>when the suckers find out they have a rare error coin in an erzatz case with a "genuine COA" that some nimrod painted so it'd look "purty" and try to scrape the paint off with a steel wool pad, PCGS and NGC can devise a new body bag label - "surface altered by an idiot"..

    Now that is image The only thing funnier is an SVDB that was run over by a train. >>



    yeah.. yesterday i was in a Ralph's supermarket and after paying and bagging, i always walk past the CoinStar machine and reach into the reject slot down below knee level to seel if there's anything in it.. occasionally there's a "pressed penny" or a Silver dime or more usually, bent common Memorial cents.. well i dawdled checking my cash register receipt a few seconds too long.. as i approached the machine, there was an old gent bent over pulling out HANDSFUL of coins from the reject slot and filling his coat pockets with them.. i thought damn! i wonder what all those coins are.. i'll never know.. i hesitated for a moment, thinking to ask him to show me a handful, but said "screw it" and walked out of the store kicking myself for missing out on who knows what by a few seconds.. but whaddya gonna do.. >>



    I guess loosing an unknown treasure can be harder than loosing one that is known.
    Gold and silver are valuable but wisdom is priceless.
  • hrlaserhrlaser Posts: 1,133 ✭✭


    << <i>

    Can we say stereotype? I think even most of the tv hucksters are smarter than that. >>



    two things - there is definitely a demographic of HSC / QVC / blah blah etc. etc. shoppers.. i know.. after Dad passed away in 1985, my late Mom became one.. they especially prey on widowed Seniors who have nothing else to do all day but sit in a chair, watching teevee, and buy stuff they don't need.. she wasn't stupid.. just lonely, and depressed and buying stuff made her momentarily happy.. unfortunately, i could never talk her into INVESTING in something instead of just spending money like Diamond Jim Brady.. you want a box with three dozen pairs of ladies' gloves, all brand new, every conceivable style and material, still in original wrapping?.. make me an offer :-/ ..

    as far as water heaters rusting on the weed-filled lawn outside a house trailer, i encourage you to drive through Rio Linda, CA (near Sacramento) some time if you doubt such neighborhoods exist..

    okay make that three things.. it's entirely possible the huckster painters DID. NOT. KNOW. about the 2008 Reverse of 2007 error when they began this year's colorizing frenzy..
    "I won't be wronged, I won't be insulted, I won't be laid a hand on.. I don't do these things to other people.. I require the same of them.."
    - John Wayne, "The Shootist" (1976.. his final film)..
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>

    << <i>

    Can we say stereotype? I think even most of the tv hucksters are smarter than that. >>



    two things - there is definitely a demographic of HSC / QVC / blah blah etc. etc. shoppers.. i know.. after Dad passed away in 1985, my late Mom became one.. they especially prey on widowed Seniors who have nothing else to do all day but sit in a chair, watching teevee, and buy stuff they don't need.. she wasn't stupid.. just lonely, and depressed and buying stuff made her momentarily happy.. unfortunately, i could never talk her into INVESTING in something instead of just spending money like Diamond Jim Brady.. you want a box with three dozen pairs of ladies' gloves, all brand new, every conceivable style and material, still in original wrapping?.. make me an offer :-/ ..

    as far as water heaters rusting on the weed-filled lawn outside a house trailer, i encourage you to drive through Rio Linda, CA (near Sacramento) some time if you doubt such neighborhoods exist..

    okay make that three things.. it's entirely possible the huckster painters DID. NOT. KNOW. about the 2008 Reverse of 2007 error when they began this year's colorizing frenzy.. >>




    I do not doubt that the majority of buyers on those shows are seniors although I must confess I watch and buy some. I have heard Rush talk about Rio Linda and it makes me laugh but what makes you think Rio Lindans buy tv coins? I would think they would be more interested in low rider kits and spinning wheels. Dang, now you got me stereotyping.image
    Gold and silver are valuable but wisdom is priceless.
  • jsfjsf Posts: 1,889
    quit disparaging these people who have less and less every day and continue to overpopulate thus being less and less able to provide for their evergrowing multitude of children...
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭
    Reeeeeiiiiiiiit. Now back to ASE's please. We don't want this long thread to go poof.
    Gold and silver are valuable but wisdom is priceless.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    It would be interesting if 20,000 of these things got colorized.
  • jsfjsf Posts: 1,889
    20,000 to have to dip.

    that sounds like an ideal retirement as long as you got to collect the proceeds from the coin sales!


  • << <i>20,000 to have to dip.

    that sounds like an ideal retirement as long as you got to collect the proceeds from the coin sales! >>



    ...if you don't die from inhaling the fumes first!
    I'd keep playing. I don't think the heavy stuff will be coming down for quite a while!
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>20,000 to have to dip.

    that sounds like an ideal retirement as long as you got to collect the proceeds from the coin sales! >>



    They could do that in Rio Linda, no?
    Gold and silver are valuable but wisdom is priceless.
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>20,000 to have to dip. that sounds like an ideal retirement as long as you got to collect the proceeds from the coin sales! >>



    I believe I've read a thread here that people have been unable to remove the paint on these w/o damaging the coin. --Jerry
  • hrlaserhrlaser Posts: 1,133 ✭✭


    << <i>

    I guess loosing an unknown treasure can be harder than loosing one that is known. >>



    "Of all the things I've lost, I miss my mind the most." - either Mark Twain or Ozzy Osborne, depending on whom you want to believe said it..

    "I won't be wronged, I won't be insulted, I won't be laid a hand on.. I don't do these things to other people.. I require the same of them.."
    - John Wayne, "The Shootist" (1976.. his final film)..
  • jsfjsf Posts: 1,889
    cs, si
  • mach19mach19 Posts: 4,002 ✭✭


    << <i>I got 85 Rev 07's and 5 Rev of 08's.!!!!!!! I will be taking the Wife out to dinner tonight.

    Really,save dinner until later.Get busy and start listing some of those on ebay.image >>





    Nevermind the 'Bay We would like some image


    Have a good one!!!
    TIN SOLDIERS & NIXON COMING image
  • Comparing this coin to the 1995 W ASE is fantasy. First, it took 12 years for the prices to get where they are today for 1995 W ASE. Secondly, this is an error coin and only a minority of ASE collectors will be after this coin since it is an error and not a coin that the Mint set out to only make 47,000 of. In other words, this is an error of 47,000 within a series of 600,000. As for the 1995 W it was a coin of 30,000 within a series of 30,000. WHat I do like about this coin is that I think the downside potential is minimal at this point and I could never see this coin falling below $100, however the upside potential is also limited because this is an error coin and the amount of error collectors relative to ASE collectors is very small. So to take a mintage of 47,000 and compare it to the 1995 W mintage of 30,000 and think this coin will go through the roof is non-sense. The leafs had a mintage of less than 47,000 and they've had tons of publicity, but yet you can buy a raw one today for around $130. The Adams smooth edge has an est. mintage of 5,000 to 6,000 and you can buy a 65 today for around $500. I will be buying a few of 2008 with 2007 reverses, but I can't see prices going much above $300. In 10 years, with a mintage of only 47,000 then yes this could easily be a $1000 coin.
  • mach19mach19 Posts: 4,002 ✭✭
    We will see if 47,000 made it out of the mint image
    TIN SOLDIERS & NIXON COMING image
  • I still think its a unique coin because its similar to the 1979s and 1981s type I and II. You will need both to complete your set.
  • I know I am still bumming
    image
    J Macs COINS n Collectibles
  • The leafs had a mintage of less than 47,000 and they've had tons of publicity, but yet you can buy a raw one today for around $130. The Adams smooth edge has an est. mintage of 5,000 to 6,000 and you can buy a 65 today for around $500. I will be buying a few of 2008 with 2007 reverses, but I can't see prices going much above $300. In 10 years, with a mintage of only 47,000 then yes this could easily be a $1000 coin.

    Most of your post is opinion, then followed by Apples and Oranges like smoothies.

    Smoothies can be counterfeited, these ASEs’ can not be tooled.

    These are Official "DECLARED" US Mint Error and a Variety to boot.

    The best analogy is the 1995 W Proof, bar none.

    Check back in a year and see who is right.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I vote for you.
  • John91CJohn91C Posts: 301 ✭✭
    They are declared errors? When? I just thought these are varieties?

  • rgCoinGuyrgCoinGuy Posts: 7,478
    If the mintage is under 50k these will be the key to the uncirculated series. The 95 W is a proof. I do think there is a similarity to both issues in their respective series. There are enough of these for them to be highly recognized by holder makers, third party graders, Dansco, etc. This is a popular enough series, I think the price will hold up, but at what level I have no idea. As long as it is over the $119.00 level that MCM just notified me my coin shipped for, I am happy. image
    imageQuid pro quo. Yes or no?
  • Whelp, when you use the wrong dies and then say we made an error, I think that kind of publically stated confession works for many folks who collect them image
  • CasmanCasman Posts: 3,935 ✭✭
    I'm sure them mint folks said, OK who F*** up, but we better just say it somebody made an error....image
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>They are declared errors? When? I just thought these are varieties? >>



    when you use last year's die, i'd call it an error, but then i don't call those kinda shots, i am over-qualified to work for the government

  • CasmanCasman Posts: 3,935 ✭✭


    << <i>I just got 9 boxes of 10 from the mint. Ordered on the 25th, delivered today. I got 85 Rev 07's and 5 Rev of 08's.!!!!!!! I will be taking the Wife out to dinner tonight. >>





    Well all I can say is YOU SUCK bigtime.....image
  • hrlaserhrlaser Posts: 1,133 ✭✭


    << <i>The leafs had a mintage of less than 47,000 and they've had tons of publicity, but yet you can buy a raw one today for around $130. The Adams smooth edge has an est. mintage of 5,000 to 6,000 and you can buy a 65 today for around $500. I will be buying a few of 2008 with 2007 reverses, but I can't see prices going much above $300. In 10 years, with a mintage of only 47,000 then yes this could easily be a $1000 coin.

    Most of your post is opinion, then followed by Apples and Oranges like smoothies.

    Smoothies can be counterfeited, these ASEs’ can not be tooled.

    These are Official "DECLARED" US Mint Error and a Variety to boot.

    The best analogy is the 1995 W Proof, bar none.

    Check back in a year and see who is right. >>



    image
    "I won't be wronged, I won't be insulted, I won't be laid a hand on.. I don't do these things to other people.. I require the same of them.."
    - John Wayne, "The Shootist" (1976.. his final film)..
  • How in the heck did you do that ??????when no one else is getting any now that late orders show NOTHING..............
    I am as supremely jealous as the rest..... Not fair BOO HOO- After I order 100 - THAT RIGHT 100 $$$$$ and I got ZILCH - I opened them with heart Pumping

    NONE NADA ,
    ( I am sure the rest of the group members ) understand the torment


    On a side note - Congradulations you are a lucky man.
    Any interest in selling some to a fellow forum member??????????????????????????


    On that note**** does anyone think it is worth another shot at trying to get more of these??? From our friendly packagers at the (UNfullfillment center) fullfillment center just send them to their friend (I MEAN'T OTHER CUSTOMMERS)


    I feel so unfullfilled right now
    I am hungry just thinking about it

    Hungry for more 07 reverses BLAH blah blah

    Good luck to all members and let me know if anyone needs dates of order and delivery ect.....
    I will help if I can



    << <i>Together we can do what alone we CAN'T >>

    imageimageimage
    J Macs COINS n Collectibles
  • John91CJohn91C Posts: 301 ✭✭
    I wonder if the mint will ever state these as officially "Error" coins. Where do you think the $$ will be...if they are considered errors or type coins?
  • mach19mach19 Posts: 4,002 ✭✭
    Your guess is as good as anyone else ? Finding them now will prove difficult at BEST!!!




    Have a good one!!!
    TIN SOLDIERS & NIXON COMING image
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>I wonder if the mint will ever state these as officially "Error" coins. Where do you think the $$ will be...if they are considered errors or type coins? >>



    I don't think it matters. Type coins are often errors that were made in sufficient quantity that they are available. This was an error to use the old dies which created a variety. --Jerry
  • clackamasclackamas Posts: 5,615
    My advice, not that luck gives me any reason to give any, would be to make small orders. My order for 100 coins still have not shipped. It was the small 10 coin orders that contained the coins. I suspect they are in a different area or bin. The mint may even be spreading the wealth so to speak to the small buyers and not the 100 + buys.
  • I hear you I too had 2 order a week apart during the period and got only 08 reverses, nothing nada. Decided just to buy one from Gainsville instead of investing time just to waste it. What I thought was strange is I ordered just two on April 21st were sent out 24th and they have been mailed an just sitting at a fullment center in Herbon, Ky for a week is someone checking now.
  • hrlaserhrlaser Posts: 1,133 ✭✭
    error or variety?..

    from the PCGS "Lingo" page:

    error
    A numismatic item that unintentionally varies from the norm. Ordinarily, overdates are not errors since they were done intentionally while other die-cutting “mistakes” are considered errors. Double dies, planchet clips, off-metal strikings, etc. also are errors.

    variety
    A coin of the same date and basic design as another but with slight differences. PCGS recognizes all major varieties while there are thousands of minor varieties, most of which have significance only to specialists of the particular series. After hubbed dies, introduced in the 1840s, varieties are mainly variations in date and mintmark size and placement.

    so did the Mint make these intentionally?.. did they advertise them and say "look what we're gonna make in 2008"? .. no?.. then they're an error.. unless you like conspiracies and care to think they made them on porpoise, just to stimulate sales of -W ASEs.. so who ya gonna have to get drunk enough to admit that?..

    are the differences slight?.. hardly.. you can see the differences a foot away.. ya don't need a loupe or a microscope..

    IN MY OPINION they're an error.. in someone else's, they're a variety.. or both.. whatever..

    "I won't be wronged, I won't be insulted, I won't be laid a hand on.. I don't do these things to other people.. I require the same of them.."
    - John Wayne, "The Shootist" (1976.. his final film)..
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    hrlaser,
    I can see how you're interpreting it but I think the defs you posted still allow my interpretation that they are both. I would say for sure error, since the mint has admitted this was done it error. And I think they also fit the def of a variety. --jerry
  • From my experience with these errors prices will continue to come down and then work their way back up. I see this bottoming out for the raws at $100 and gradually going up from there. The leafs started out close to $1000 and fell all the way to about $80 and now they are back up to $130 or $140 level. The Washington Smooth Edges started out close to $1000 and fell all the way to about the $50 level and now they are working their way back up. This coin should be no different as sellers will be happy with a quick profit of $150 or $200 and will continue to dump to the long term investors. Once the dumping subsides prices will likely begin to climb.
  • lope208lope208 Posts: 1,960 ✭✭
    I just decided to place an order for 8 from the Mint. I got my usual three early on from my subscription and they were all 08/08's.

    They say they are in stock, so I'll let you know in a few days if any are escaping. I've got to believe they can't get them ALL. Not with their obviously great quality control.
    Successful BST transactions:
    commoncents123, JrGMan2004, Coll3ctor (2), Dabigkahuna, BAJJERFAN, Boom, GRANDAM, newsman, cohodk, kklambo, seateddime, ajia, mirabela, Weather11am, keepdachange, gsa1fan, cone10
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