What has been the latest box opened as yet if i might enquire ? I was late to the game and got 5 x 05/29 , i dont intend opening them as im subscribed to the rest of the upcoming cents and im hoping ill get a mint box of cabins eventually , i do have 5 bank rolled cabins but i would like to eventually have the mint ones.
<< <i>What has been the latest box opened as yet if i might enquire ? I was late to the game and got 5 x 05/29 , i dont intend opening them as im subscribed to the rest of the upcoming cents and im hoping ill get a mint box of cabins eventually , i do have 5 bank rolled cabins but i would like to eventually have the mint ones. >>
People have been opening boxes through the mid june dates. I've had no reports of anything of interest coming from boxes dated 6-01 and later. There doesnt seem to be a ton of the late may boxes and theres an approximate 3 week gap from early may to late may with no boxes being wrapped. I believe thats when the hub press was fixed and there seems to be no major dd's coming from there after that date. Not sure where the rest of the dd's are being found, but Ive yet to be convinced its from legitimate bank rolls. I know some of the ddr's are being found from "program rolls" and those released at the first day ceremony. I think the program roll bulk buyer guys get them direct from the mint as a bank would and bypass the federal reserve system in the process. If thats true then that would explain why so many bank rolls have come out blank for errors. I would suspect with the proliferation of errors in the lp2 boxes that this hub press was used exclusively for the "special" mint rolls and proof set dies. For some reason there has never been a confirmed previous mint error coin in modern times that has had the same variety come out in both the special mint rolls/bags AND regular bank channels. My thoughts are that there is a completely seperate mini production line for these items. Anything "special order" would be handled by that line and nothing else. How else could they hope to make sure items like the copper lincolns coming out later this year wouldnt mistakenly be thrown in with the regular change destined for banks. Makes sense to me, and I think that will turn out to be the case here. If so there will be NO hoards of the major ddr's coming through banking channels. Havent heard of a major coming from there yet that can be confirmed and the few sellers I have seen offering "bank rolls" with an error on the end have had very generic rolls that can be convincingly rewrapped. Until someone shows me a sealed $25 box with them showing through I will remain unconvinced. We supply a fair amount of bulk boxes to other dealers and I personally spot checked the 200 boxes we had left through the holes a couple weeks ago. There was a pretty good spread of pack dates in the boxes involved also including quite a few earlier dates. Nada. Nothing. I also went through several set out for retail rolls piece by piece and found no indication of anything. Thats also trying to match the various die markers from the 20 or so lp2 mint boxes I opened from memory. Nothing rang a bell and nothing seemed to match. The question remains. Where are the rest of the production for these coins as with a 2 day run your looking at around 20k coins per die. Maybe the mint is planning on releasing bags later this year? If they were you can bet your bottom dollar they were pulled due to the error coins being discovered.
We, here on the forum, stand to be the big winners no matter what happens as we were here when it all happened. If you chose not to play then you lose.
Wow , you certainly know your stuff on these Shottaker , id read the entire thread and didnt see much mention of the late may boxes.That 3 week gap seems ominous for me in regards the possibility of any varieties within the ones i got. Thanks for your reply,very informative.
<< <i>We, here on the forum, stand to be the big winners no matter what happens as we were here when it all happened. If you chose not to play then you lose. >>
Im not quite sure what this post is intended to mean ..not particulary interested either.
<< <i>We, here on the forum, stand to be the big winners no matter what happens as we were here when it all happened. If you chose not to play then you lose. >>
Im not quite sure what this post is intended to mean ..not particulary interested either. >>
What it is meant to say is that when these were first found by only a couple of us we shared this information here on this forum and those that read it and follwed suit stand a chance to capitalize on taking action and buying some. While those that chose to mock them and not buy stand to lose out. Pitboss is just excited for he chose the right path and is very happy with his choice, as am I.
<< <i>We, here on the forum, stand to be the big winners no matter what happens as we were here when it all happened. If you chose not to play then you lose. [/Q
<< <i>Im not quite sure what this post is intended to mean ..not particulary interested either. >>
If you "want to play" there are gazillion posts about which dates have the best chance of getting the DDR's...This is the advantage of this forum
If your boxes have a date after the 1st week of May then for $20-30 or less you can get a box and begin the search (I've paid $14 + shipping for a prime date box)
If you do not want to play then the point of "not caring" is confusing since you are reading these related posts
<< <i>We supply a fair amount of bulk boxes to other dealers and I personally spot checked the 200 boxes we had left through the holes a couple weeks ago. >>
How did you acquire so many bank boxes? I went to every bank in my area, and was treated by each as a nuisance. I finally was able to purchase 1 $25 box, and was made to feel like I was being done a colossal favor.
<< <i>We supply a fair amount of bulk boxes to other dealers and I personally spot checked the 200 boxes we had left through the holes a couple weeks ago. >>
How did you acquire so many bank boxes? I went to every bank in my area, and was treated by each as a nuisance. I finally was able to purchase 1 $25 box, and was made to feel like I was being done a colossal favor. >>
I do a lot of bulk change orders with state quarter & such through my bank. Being a local brick and mortar shop and running our accounts through them is probably the only reason they treat us well. I cant get any 2009 nickels or dimes and have to resort to other methods to get them. Those things never even made our federal reserve branch as far as I can tell.
<< <i>Wow , you certainly know your stuff on these Shottaker , id read the entire thread and didnt see much mention of the late may boxes.That 3 week gap seems ominous for me in regards the possibility of any varieties within the ones i got. Thanks for your reply,very informative. >>
Maybe and maybe not. I did just hear that the 5-29 boxes are the source of the wexler 37 variety which although fairly minor to look at is currently worth 20 bucks or so. I think theres some people on Ebay buying them to have all of the varieties as every time a new one comes out they buy even if its ultra minor and barely visible.
It's definitely a hit and miss deal. Recently I opened 3 boxes...same date, lot number, time...two came up blank and the third had 23 DDR's.
If you only got the zero rolls, that date would go on the "crap date" list.....but if you got the 23 DDR roll you would be bidding on Ebay for every roll of that date.
Don't feel bad, we have all been that route with the duds on great date boxes. When you have opened as many boxes as I have , you will get a lot of disappointments.
<< <i>It's definitely a hit and miss deal. Recently I opened 3 boxes...same date, lot number, time...two came up blank and the third had 23 DDR's.
If you only got the zero rolls, that date would go on the "crap date" list.....but if you got the 23 DDR roll you would be bidding on Ebay for every roll of that date.
<< <i>I just got home from my local b&m ( the only one in a fify mile radius) He is always a bit stand-offish ( I'm not one of the "in" crowd I guess)
I'm only there to get more flips, but I was curious to know if he was getting anyone talking about these errors or the lp2 boxes in general.
He looks at me like I'm crazy...not only is no one talking about them he says, but he himself couldn't care less. He thinks the lp1 is better.
I told him that it is true that the lp1 boxes are selling for more but that the real value will be in the lp2 boxes because of the error coins....
He almost laughed out loud at me. "I have five boxes of the lp2 and I'm just going to hold onto them, I don't care at all about errors"
I was just dumbfounded by his lack of enthusiasm. I asked him again incredulously if I was the only one of his customers that has asked
about the lp2 sets and he said simply..."yes". That was the end of the conversation...paid for my flips and left (hopefully he didn't see me
shaking my head) I think I'm going to be buying my supplies off the internet from now on....I can't stand the combination of arrogance and
ignorance when I'm talking to an "expert" in the field of numismatics. >>
I had the same thing happen in my local shop. One that is different is that I told him about them and offered to bring some in since I had some in my car ready for the showing. He told me not to bother, that they are nothing. This brings me to the conclusion that not all shop owners/workers are EXPERTS in numismatics. They nothing more than overgrown flippers with inflated prices on their inventories that know nothing other than greysheet pricing. I am only ranting on dealers that have shown no interest in new finds not all dealers are like that.
<< <i>I just got home from my local b&m ( the only one in a fify mile radius) He is always a bit stand-offish ( I'm not one of the "in" crowd I guess)
I'm only there to get more flips, but I was curious to know if he was getting anyone talking about these errors or the lp2 boxes in general.
He looks at me like I'm crazy...not only is no one talking about them he says, but he himself couldn't care less. He thinks the lp1 is better.
I told him that it is true that the lp1 boxes are selling for more but that the real value will be in the lp2 boxes because of the error coins....
He almost laughed out loud at me. "I have five boxes of the lp2 and I'm just going to hold onto them, I don't care at all about errors"
I was just dumbfounded by his lack of enthusiasm. I asked him again incredulously if I was the only one of his customers that has asked
about the lp2 sets and he said simply..."yes". That was the end of the conversation...paid for my flips and left (hopefully he didn't see me
shaking my head) I think I'm going to be buying my supplies off the internet from now on....I can't stand the combination of arrogance and
ignorance when I'm talking to an "expert" in the field of numismatics. >>
I had the same thing happen in my local shop. One that is different is that I told him about them and offered to bring some in since I had some in my car ready for the showing. He told me not to bother, that they are nothing. This brings me to the conclusion that not all shop owners/workers are EXPERTS in numismatics. They nothing more than overgrown flippers with inflated prices on their inventories that know nothing other than greysheet pricing. I am only ranting on dealers that have shown no interest in new finds not all dealers are like that. >>
I think there are a number of these backward old fogies out there. There may even be a few on this board.
I was so depressed at striking out with my 4/30 rolls and again today with a 4/16 and a 4/24 I decided to go for it and open one of my WDDR-001 at the end of roll rolls.
I feel better now (kinda)..
WDDR-001's (4) --------002's (9) --------003's (5) and 6 that I will need to research. Total 24
The "kinda" relates to the fact that maybe 6 total meet my submission standards
<< I just got home from my local b&m ( the only one in a fify mile radius) He is always a bit stand-offish ( I'm not one of the "in" crowd I guess)
I'm only there to get more flips, but I was curious to know if he was getting anyone talking about these errors or the lp2 boxes in general.
He looks at me like I'm crazy...not only is no one talking about them he says, but he himself couldn't care less. He thinks the lp1 is better.
I told him that it is true that the lp1 boxes are selling for more but that the real value will be in the lp2 boxes because of the error coins....
He almost laughed out loud at me. "I have five boxes of the lp2 and I'm just going to hold onto them, I don't care at all about errors"
I was just dumbfounded by his lack of enthusiasm. I asked him again incredulously if I was the only one of his customers that has asked
about the lp2 sets and he said simply..."yes". That was the end of the conversation...paid for my flips and left (hopefully he didn't see me
shaking my head) I think I'm going to be buying my supplies off the internet from now on....I can't stand the combination of arrogance and
ignorance when I'm talking to an "expert" in the field of numismatics. >>
I had the same thing happen in my local shop. One that is different is that I told him about them and offered to bring some in since I had some in my car ready for the showing. He told me not to bother, that they are nothing. This brings me to the conclusion that not all shop owners/workers are EXPERTS in numismatics. They nothing more than overgrown flippers with inflated prices on their inventories that know nothing other than greysheet pricing. I am only ranting on dealers that have shown no interest in new finds not all dealers are like that. >>
So... if a dealer doesn't immediately sprout wood over the latest fad variety of the month, or stand and salute while someone takes up his time giving their opinion of the market for said variety, then he's an ignorant flipper who knows nothing about the hobby? Good to know. It's interesting to get these little snapshots of the mindsets of some of the posters here.
And I'm sure that dealer is crying in his beer over losing a $5 holder sale rather than experiencing the joy of having 20 minutes of his time wasted jabbering about DDRs (especially if he's not all that interested in being a market maker in them)... go figure.
News flash...I'm conversant with the varieties, and I like to see enthusiasm about the hobby, but you would have seen the same "lack of enthusiasm" from me if someone came in wanting to tell me everything they know about the latest Lincoln DDRs when I've got work to do.
It has nothing to do with not being knowledgeable; it has everything to do with being a businessman who has to make a decision as to whether a conversation is productive or not. And sorry, but frankly sometimes you have to be rude to shut down such a conversation... especially when the other guy isn't taking the hint.
Since this thread seems to be get most of the attention about these doubled dies, I have a question for everyone to consider.
Although PCGS is not yet recognizing these varieties wouldn't it be smart to go ahead and have the coins with the more popular varieties sent to PCGS for a normal grading? This would ensure the coin gets the highest grade possible (compared to holding them for months or more) and they should bring more money than those graded by other companies even if the variation is not noted on the holder.
<< <i>Although PCGS is not yet recognizing these varieties wouldn't it be smart to go ahead and have the coins with the more popular varieties sent to PCGS for a normal grading? >>
This brings me back a couple of days when a non-attributed NGC DDR sold for less than $10 and it was a MS66 (actually 5 sold at that price)
Most of us are into this for not a lot of money. It is fun finding them, and some of us even learned something---I know I have. I have only searched the obvious one, but will do the others when I want to kill some time. It is actually interesting.
<< <i>Sorry Telephoto....the shop was not busy at all...he simply was not interested in the errors....period....and according to him neither were
any other of his customers....I thought it was interesting to hear how little he knew or cared about what was going on with the lp2's.
I asked him if he had looked at Wexler's site to see the varieties....just looked at me blank-eyed and said no, didn't care to, etc. etc. etc.
that was my only point in relating the experience here....I'm all jazzed about this "event" that is unfolding with these, along with a few
others on this forum...and he was just so totally vacant (again I'm expecting him as an "expert" to be on top of this) I just found it
to be ironic because I'm a relative newbie to the hobby and I knew more about it than him....that's it, no further aspersions, except to say
what else does he "not" know or care about that might impact his business? >>
You may have answered yourself as to why you are hot on these and he isn't..... Odds are, he has seen a number of fads like this and, unless his customers are all hot on them too, he won't be selling many of them. A shop, I can imagine, does take a lot of work...depending on how many people, how conversant they all are on internet sales, etc, it may be quite a different model than you are thinking, for them in their sales.
You, on the other hand, have great excitement for something new and different. Good for you! But, it is a HOBBY for you and likely a BUSINESS for the shop owner. I guarantee my local shop folks don't give a darn about these. But, I won't talk bad about them because of it. They don't care about any of the new items...they want to see things settle down before they go speculating. Now, get them talking about the series that interest them and you can't shut them up
Businesses fail all the time. How long has that coin shop been there with that guy? If for awhile, then he probably knows enough to survive and maybe knows things about his business that you don't (again, do you REALLY think there are that many SHOP customers that would be after these????)
Bochiman kinda beat me to the punch; my response was going to be quite similar (well said btw). Not trying to kill your buzz here, but believe it or not...not every one cares about these. Same with all the minor doubling varieties on the various state quarters, the 08 rev. 07 ASE, etc. Now that isn't saying that dealers aren't beyond making a buck selling them while the mania lasts...but some guys just don't have any desire to hassle with them. And that's OK... and certainly not an indictment of their knowledge or business acumen. That's kinda like getting mad at a copper specialist for not being interested in talking about gold coins.
Oh, and on a side note...just because there isn't anyone in the shop, that doesn't mean the dealer's not busy.
...and the TPG says, ka-ching! Multiply this times a few thousand more people doing the same thing. They have to love it when new varieties come out. And the best part of it is, whether the value goes up, down, or sideways they still get paid to put it in the plastic.
...and the TPG says, ka-ching! Multiply this times a few thousand more people doing the same thing. They have to love it when new varieties come out. And the best part of it is, whether the value goes up, down, or sideways they still get paid to put it in the plastic. >>
Yes. We are all morons for doing this. Now sell me all of your CDDR-002s for $1 each and be done with it! You should thank me for that favor!
Hmmm. Don't recall saying anyone who is doing this is a moron. Just pointed out that some people aren't as jazzed as others...and that win, lose, or draw, the tpg still makes money. Perhaps I should start my own specialty TPG just for varieties. Seems that's where the real volume profits are.
Papi for what it's worth I'm still sitting on the boxes I have but there is some merit to the idea that the best money is the quick money on new varieties like these...
<< <i>You guys are spending an awful lot of money grading these. Is it worth it? This is not a criticism, it's a question from a grading neophyte. Am I wrong to sit on the prime date boxes I have? >>
I have opened a lot of boxes (but not as many as some others here) and many of my "prime dates" came up BLANK
The "prime date boxes" can still be had for $20-30 and a single MS 66 CDDR-001 sold for $66 last week (not even the desired 002's)
The market is yet to be established on these but I do NOT see the the 65/66 prices going over $70 with the 67's near or a tad over $100.
That said I also do NOT see the price settling below $30 for the 65/66's and if you get a mother load roll with over 20 DDR's that's a nice profit. (I've hit 3 like this)
The microscopic varieties are another issue and grading them is very iffy but, hey, someone might want a complete set
Comments
<< <i>What has been the latest box opened as yet if i might enquire ? I was late to the game and got 5 x 05/29 , i dont intend opening them as im subscribed to the rest of the upcoming cents and im hoping ill get a mint box of cabins eventually , i do have 5 bank rolled cabins but i would like to eventually have the mint ones. >>
People have been opening boxes through the mid june dates. I've had no reports of anything of interest coming from boxes dated 6-01 and later. There doesnt seem to be a ton of the late may boxes and theres an approximate 3 week gap from early may to late may with no boxes being wrapped. I believe thats when the hub press was fixed and there seems to be no major dd's coming from there after that date. Not sure where the rest of the dd's are being found, but Ive yet to be convinced its from legitimate bank rolls. I know some of the ddr's are being found from "program rolls" and those released at the first day ceremony. I think the program roll bulk buyer guys get them direct from the mint as a bank would and bypass the federal reserve system in the process. If thats true then that would explain why so many bank rolls have come out blank for errors. I would suspect with the proliferation of errors in the lp2 boxes that this hub press was used exclusively for the "special" mint rolls and proof set dies. For some reason there has never been a confirmed previous mint error coin in modern times that has had the same variety come out in both the special mint rolls/bags AND regular bank channels. My thoughts are that there is a completely seperate mini production line for these items. Anything "special order" would be handled by that line and nothing else. How else could they hope to make sure items like the copper lincolns coming out later this year wouldnt mistakenly be thrown in with the regular change destined for banks.
Makes sense to me, and I think that will turn out to be the case here. If so there will be NO hoards of the major ddr's coming through banking channels. Havent heard of a major coming from there yet that can be confirmed and the few sellers I have seen offering "bank rolls" with an error on the end have had very generic rolls that can be convincingly rewrapped. Until someone shows me a sealed $25 box with them showing through I will remain unconvinced. We supply a fair amount of bulk boxes to other dealers and I personally spot checked the 200 boxes we had left through the holes a couple weeks ago. There was a pretty good spread of pack dates in the boxes involved also including quite a few earlier dates. Nada. Nothing. I also went through several set out for retail rolls piece by piece and found no indication of anything. Thats also trying to match the various die markers from the 20 or so lp2 mint boxes I opened from memory. Nothing rang a bell and nothing seemed to match. The question remains. Where are the rest of the production for these coins as with a 2 day run your looking at around 20k coins per die. Maybe the mint is planning on releasing bags later this year? If they were you can bet your bottom dollar they were pulled due to the error coins being discovered.
We, here on the forum, stand to be the big winners no matter what happens as we were here when it all happened. If you chose not to play then you lose.
Thanks for your reply,very informative.
<< <i>We, here on the forum, stand to be the big winners no matter what happens as we were here when it all happened. If you chose not to play then you lose. >>
Im not quite sure what this post is intended to mean ..not particulary interested either.
<< <i>
<< <i>We, here on the forum, stand to be the big winners no matter what happens as we were here when it all happened. If you chose not to play then you lose. >>
Im not quite sure what this post is intended to mean ..not particulary interested either. >>
What it is meant to say is that when these were first found by only a couple of us we shared this information here on this forum and those that read it and follwed suit stand a chance to capitalize on taking action and buying some. While those that chose to mock them and not buy stand to lose out. Pitboss is just excited for he chose the right path and is very happy with his choice, as am I.
I was a Monkey
<< <i>We, here on the forum, stand to be the big winners no matter what happens as we were here when it all happened. If you chose not to play then you lose. [/Q
<< <i>Im not quite sure what this post is intended to mean ..not particulary interested either. >>
If you "want to play" there are gazillion posts about which dates have the best chance of getting the DDR's...This is the advantage of this forum
If your boxes have a date after the 1st week of May then for $20-30 or less you can get a box and begin the search (I've paid $14 + shipping for a prime date box)
If you do not want to play then the point of "not caring" is confusing since you are reading these related posts
<< <i>We supply a fair amount of bulk boxes to other dealers and I personally spot checked the 200 boxes we had left through the holes a couple weeks ago. >>
How did you acquire so many bank boxes? I went to every bank in my area, and was treated by each as a nuisance. I finally was able to purchase 1 $25 box, and was made to feel like I was being done a colossal favor.
<< <i>I opened the last of my five boxes (4/27) and found 17 with errors in that last box. Each and every box I got had errors. >>
4/27 was my best date with the 4/30
Joe
<< <i>
<< <i>We supply a fair amount of bulk boxes to other dealers and I personally spot checked the 200 boxes we had left through the holes a couple weeks ago. >>
How did you acquire so many bank boxes? I went to every bank in my area, and was treated by each as a nuisance. I finally was able to purchase 1 $25 box, and was made to feel like I was being done a colossal favor. >>
I do a lot of bulk change orders with state quarter & such through my bank. Being a local brick and mortar shop and running our accounts through them is probably the only reason they treat us well. I cant get any 2009 nickels or dimes and have to resort to other methods to get them. Those things never even made our federal reserve branch as far as I can tell.
<< <i>Wow , you certainly know your stuff on these Shottaker , id read the entire thread and didnt see much mention of the late may boxes.That 3 week gap seems ominous for me in regards the possibility of any varieties within the ones i got.
Thanks for your reply,very informative. >>
Maybe and maybe not. I did just hear that the 5-29 boxes are the source of the wexler 37 variety which although fairly minor to look at is currently worth 20 bucks or so. I think theres some people on Ebay buying them to have all of the varieties as every time a new one comes out they buy even if its ultra minor and barely visible.
I just opened a 4/17 9883 10:48
got 10 WDDR 002
7 WDDR 001
17 assorted errors which I do not keep track of
Not too shabby.
<< <i> I just opened a 4/17 9883 10:48 >>
I did well with a 4/17 box a couple of days ago also
anticipation was killing me! Read so many testamonials on this thread that this was THE date for 006's.....brother was I frothing at
the mouth, could hardly breathe until I saw that first Skeleton finger! Well, I did find four 005's, and four 008's .....but not one 006
I only opened the one box so far, that one was batch 9774 14:06.......
Did I mis-read that this date was supposed to be the exclusive date for the 006's? Well, I'll push on with optimism to my next box!
through a loupe....Wexler's pics are alot easier to see using that electron microscope (or whatever that is he uses)
The Beatles
If you only got the zero rolls, that date would go on the "crap date" list.....but if you got the 23 DDR roll you would be bidding on Ebay for every roll of that date.
Hard to figure.....ZERO, ZERO, 23
Don't feel bad, we have all been that route with the duds on great date boxes. When you have opened as many boxes as I have , you will get a lot of disappointments.
<< <i>It's definitely a hit and miss deal. Recently I opened 3 boxes...same date, lot number, time...two came up blank and the third had 23 DDR's.
If you only got the zero rolls, that date would go on the "crap date" list.....but if you got the 23 DDR roll you would be bidding on Ebay for every roll of that date.
Hard to figure.....ZERO, ZERO, 23
You found 23 CDDR-009 in one roll?
I have done that quite often with some of the better dates.
<< <i>You found 23 CDDR-009 in one roll? >>
The "Zero, Zero,23" comment was in reference to DDR's and "good date rolls". They were obviously not all 009's (if any were)
I'm only there to get more flips, but I was curious to know if he was getting anyone talking about these errors or the lp2 boxes in general.
He looks at me like I'm crazy...not only is no one talking about them he says, but he himself couldn't care less. He thinks the lp1 is better.
I told him that it is true that the lp1 boxes are selling for more but that the real value will be in the lp2 boxes because of the error coins....
He almost laughed out loud at me. "I have five boxes of the lp2 and I'm just going to hold onto them, I don't care at all about errors"
I was just dumbfounded by his lack of enthusiasm. I asked him again incredulously if I was the only one of his customers that has asked
about the lp2 sets and he said simply..."yes". That was the end of the conversation...paid for my flips and left (hopefully he didn't see me
shaking my head) I think I'm going to be buying my supplies off the internet from now on....I can't stand the combination of arrogance and
ignorance when I'm talking to an "expert" in the field of numismatics.
The Beatles
<< <i>I just got home from my local b&m ( the only one in a fify mile radius) He is always a bit stand-offish ( I'm not one of the "in" crowd I guess)
I'm only there to get more flips, but I was curious to know if he was getting anyone talking about these errors or the lp2 boxes in general.
He looks at me like I'm crazy...not only is no one talking about them he says, but he himself couldn't care less. He thinks the lp1 is better.
I told him that it is true that the lp1 boxes are selling for more but that the real value will be in the lp2 boxes because of the error coins....
He almost laughed out loud at me. "I have five boxes of the lp2 and I'm just going to hold onto them, I don't care at all about errors"
I was just dumbfounded by his lack of enthusiasm. I asked him again incredulously if I was the only one of his customers that has asked
about the lp2 sets and he said simply..."yes". That was the end of the conversation...paid for my flips and left (hopefully he didn't see me
shaking my head) I think I'm going to be buying my supplies off the internet from now on....I can't stand the combination of arrogance and
ignorance when I'm talking to an "expert" in the field of numismatics. >>
I had the same thing happen in my local shop. One that is different is that I told him about them and offered to bring some in since I had some in my car ready for the showing. He told me not to bother, that they are nothing. This brings me to the conclusion that not all shop owners/workers are EXPERTS in numismatics. They nothing more than overgrown flippers with inflated prices on their inventories that know nothing other than greysheet pricing. I am only ranting on dealers that have shown no interest in new finds not all dealers are like that.
I was a Monkey
<< <i>
<< <i>I just got home from my local b&m ( the only one in a fify mile radius) He is always a bit stand-offish ( I'm not one of the "in" crowd I guess)
I'm only there to get more flips, but I was curious to know if he was getting anyone talking about these errors or the lp2 boxes in general.
He looks at me like I'm crazy...not only is no one talking about them he says, but he himself couldn't care less. He thinks the lp1 is better.
I told him that it is true that the lp1 boxes are selling for more but that the real value will be in the lp2 boxes because of the error coins....
He almost laughed out loud at me. "I have five boxes of the lp2 and I'm just going to hold onto them, I don't care at all about errors"
I was just dumbfounded by his lack of enthusiasm. I asked him again incredulously if I was the only one of his customers that has asked
about the lp2 sets and he said simply..."yes". That was the end of the conversation...paid for my flips and left (hopefully he didn't see me
shaking my head) I think I'm going to be buying my supplies off the internet from now on....I can't stand the combination of arrogance and
ignorance when I'm talking to an "expert" in the field of numismatics. >>
I had the same thing happen in my local shop. One that is different is that I told him about them and offered to bring some in since I had some in my car ready for the showing. He told me not to bother, that they are nothing. This brings me to the conclusion that not all shop owners/workers are EXPERTS in numismatics. They nothing more than overgrown flippers with inflated prices on their inventories that know nothing other than greysheet pricing. I am only ranting on dealers that have shown no interest in new finds not all dealers are like that. >>
I think there are a number of these backward old fogies out there. There may even be a few on this board.
<< <i>I think there are a number of these backward old fogies out there. There may even be a few on this board.
Does that include the one's that have decided not to grade these?
I feel better now (kinda)..
WDDR-001's (4)
--------002's (9)
--------003's (5)
and 6 that I will need to research.
Total 24
The "kinda" relates to the fact that maybe 6 total meet my submission standards
that is a BIG WIN
2009-P**Formative Finger Error**CDDR-002 *ANACS-MS-65R
I'm only there to get more flips, but I was curious to know if he was getting anyone talking about these errors or the lp2 boxes in general.
He looks at me like I'm crazy...not only is no one talking about them he says, but he himself couldn't care less. He thinks the lp1 is better.
I told him that it is true that the lp1 boxes are selling for more but that the real value will be in the lp2 boxes because of the error coins....
He almost laughed out loud at me. "I have five boxes of the lp2 and I'm just going to hold onto them, I don't care at all about errors"
I was just dumbfounded by his lack of enthusiasm. I asked him again incredulously if I was the only one of his customers that has asked
about the lp2 sets and he said simply..."yes". That was the end of the conversation...paid for my flips and left (hopefully he didn't see me
shaking my head) I think I'm going to be buying my supplies off the internet from now on....I can't stand the combination of arrogance and
ignorance when I'm talking to an "expert" in the field of numismatics. >>
I had the same thing happen in my local shop. One that is different is that I told him about them and offered to bring some in since I had some in my car ready for the showing. He told me not to bother, that they are nothing. This brings me to the conclusion that not all shop owners/workers are EXPERTS in numismatics. They nothing more than overgrown flippers with inflated prices on their inventories that know nothing other than greysheet pricing. I am only ranting on dealers that have shown no interest in new finds not all dealers are like that. >>
So... if a dealer doesn't immediately sprout wood over the latest fad variety of the month, or stand and salute while someone takes up his time giving their opinion of the market for said variety, then he's an ignorant flipper who knows nothing about the hobby? Good to know. It's interesting to get these little snapshots of the mindsets of some of the posters here.
And I'm sure that dealer is crying in his beer over losing a $5 holder sale rather than experiencing the joy of having 20 minutes of his time wasted jabbering about DDRs (especially if he's not all that interested in being a market maker in them)... go figure.
News flash...I'm conversant with the varieties, and I like to see enthusiasm about the hobby, but you would have seen the same "lack of enthusiasm" from me if someone came in wanting to tell me everything they know about the latest Lincoln DDRs when I've got work to do.
It has nothing to do with not being knowledgeable; it has everything to do with being a businessman who has to make a decision as to whether a conversation is productive or not. And sorry, but frankly sometimes you have to be rude to shut down such a conversation... especially when the other guy isn't taking the hint.
Edited for typo.
RIP Mom- 1932-2012
Although PCGS is not yet recognizing these varieties wouldn't it be smart to go ahead and have the coins with the more popular varieties sent to PCGS for a normal grading? This would ensure the coin gets the highest grade possible (compared to holding them for months or more) and they should bring more money than those graded by other companies even if the variation is not noted on the holder.
any other of his customers....I thought it was interesting to hear how little he knew or cared about what was going on with the lp2's.
I asked him if he had looked at Wexler's site to see the varieties....just looked at me blank-eyed and said no, didn't care to, etc. etc. etc.
that was my only point in relating the experience here....I'm all jazzed about this "event" that is unfolding with these, along with a few
others on this forum...and he was just so totally vacant (again I'm expecting him as an "expert" to be on top of this) I just found it
to be ironic because I'm a relative newbie to the hobby and I knew more about it than him....that's it, no further aspersions, except to say
what else does he "not" know or care about that might impact his business?
The Beatles
<< <i>Although PCGS is not yet recognizing these varieties wouldn't it be smart to go ahead and have the coins with the more popular varieties sent to PCGS for a normal grading? >>
This brings me back a couple of days when a non-attributed NGC DDR sold for less than $10 and it was a MS66 (actually 5 sold at that price)
NGC MS66
So you think a similar product will kick butt just 'cuz it's a non-attributed PCGS DDR?????
Oh, the same MS 66DDR ANACS attributed sold for $66
The Beatles
<< <i>Sorry Telephoto....the shop was not busy at all...he simply was not interested in the errors....period....and according to him neither were
any other of his customers....I thought it was interesting to hear how little he knew or cared about what was going on with the lp2's.
I asked him if he had looked at Wexler's site to see the varieties....just looked at me blank-eyed and said no, didn't care to, etc. etc. etc.
that was my only point in relating the experience here....I'm all jazzed about this "event" that is unfolding with these, along with a few
others on this forum...and he was just so totally vacant (again I'm expecting him as an "expert" to be on top of this) I just found it
to be ironic because I'm a relative newbie to the hobby and I knew more about it than him....that's it, no further aspersions, except to say
what else does he "not" know or care about that might impact his business? >>
You may have answered yourself as to why you are hot on these and he isn't.....
Odds are, he has seen a number of fads like this and, unless his customers are all hot on them too, he won't be selling many of them.
A shop, I can imagine, does take a lot of work...depending on how many people, how conversant they all are on internet sales, etc, it may be quite a different model than you are thinking, for them in their sales.
You, on the other hand, have great excitement for something new and different. Good for you! But, it is a HOBBY for you and likely a BUSINESS for the shop owner.
I guarantee my local shop folks don't give a darn about these. But, I won't talk bad about them because of it. They don't care about any of the new items...they want to see things settle down before they go speculating.
Now, get them talking about the series that interest them and you can't shut them up
Businesses fail all the time. How long has that coin shop been there with that guy? If for awhile, then he probably knows enough to survive and maybe knows things about his business that you don't
(again, do you REALLY think there are that many SHOP customers that would be after these????)
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
Is this just a fad? I thought successful businesses stayed on the cutting edge, current with trends, and listened to the customer to gain
insights as to what could be a profitable item to carry...that's the model big retail businesses follow. Yes, he's been around for awhile, and
I'm sure he has his ways of staying in business and is apparently satisfied at keeping the status quo. I thought the history of double dies
on other coinage supports this zeal to find them....and why wouldn't I expect other shop buyers to be looking for these? Threads like these,
and variety publications are spreading the word (that's how I found out about them...right here!). We can't be the only ones who know
about them, can we? I can't debate this any longer. Nuff said
The Beatles
Oh, and on a side note...just because there isn't anyone in the shop, that doesn't mean the dealer's not busy.
RIP Mom- 1932-2012
WDDR-001/CDDR-002.....MS 65 (1)
.......................................MS 66 (9)
WDDR-002/CDDR-001.....MS 65 (5)
.......................................MS 66 (4)
.......................................MS 67 (1)
CDDR-003.......................MS 66 (3)
CDDO-002/CDDR-009.....MS 65 (1)....I had this marked a 003 (oops!)
Next week 46 more come back
This is not a criticism, it's a question from a grading neophyte.
Am I wrong to sit on the prime date boxes I have?
...and the TPG says, ka-ching! Multiply this times a few thousand more people doing the same thing. They have to love it when new varieties come out. And the best part of it is, whether the value goes up, down, or sideways they still get paid to put it in the plastic.
RIP Mom- 1932-2012
<< <i>Next week 46 more come back
...and the TPG says, ka-ching! Multiply this times a few thousand more people doing the same thing. They have to love it when new varieties come out. And the best part of it is, whether the value goes up, down, or sideways they still get paid to put it in the plastic.
Yes. We are all morons for doing this. Now sell me all of your CDDR-002s for $1 each and be done with it! You should thank me for that favor!
RIP Mom- 1932-2012
RIP Mom- 1932-2012
<< <i>You guys are spending an awful lot of money grading these. Is it worth it? This is not a criticism, it's a question from a grading neophyte. Am I wrong to sit on the prime date boxes I have? >>
I have opened a lot of boxes (but not as many as some others here) and many of my "prime dates" came up BLANK
The "prime date boxes" can still be had for $20-30 and a single MS 66 CDDR-001 sold for $66 last week (not even the desired 002's)
The market is yet to be established on these but I do NOT see the the 65/66 prices going over $70 with the 67's near or a tad over $100.
That said I also do NOT see the price settling below $30 for the 65/66's and if you get a mother load roll with over 20 DDR's that's a nice profit. (I've hit 3 like this)
The microscopic varieties are another issue and grading them is very iffy but, hey, someone might want a complete set
4/17 $41
4/20 $36
4/23 $52
4/27 $33
4/28 $37.50
4/29 $49.99
Successful Trades: Swampboy,
Successful Trades: Swampboy,