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Greatest Worthless US Coin....

ambro51ambro51 Posts: 14,386 ✭✭✭✭✭
Dateless Buffalo Nickel.

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    keyman64keyman64 Posts: 15,650 ✭✭✭✭✭
    Corroded, bent and torn up in the parking lot 2014 cent.
    "If it's not fun, it's not worth it." - KeyMan64
    Not really looking for much these days but if I were, it might be a toner. :smile:
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    s4nys4ny Posts: 1,592 ✭✭✭
    Holed steel penny, whizzed, tooled, date ground off.
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    cmerlo1cmerlo1 Posts: 8,052 ✭✭✭✭✭
    Dateless SLQ
    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
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    keyman64keyman64 Posts: 15,650 ✭✭✭✭✭


    << <i>Dateless SLQ >>

    Silver melt is worth a lot more than the other items posted in this thread. image
    "If it's not fun, it's not worth it." - KeyMan64
    Not really looking for much these days but if I were, it might be a toner. :smile:
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    braddickbraddick Posts: 25,140 ✭✭✭✭✭


    << <i>Dateless Buffalo Nickel. >>



    Type one, S mint- disagree.
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,070 ✭✭✭✭✭
    Numismatically, the "greatest worthless" coin is the 1933 Double Eagle (it can't be used economically or numismatically and it's intrinsic value is worthless considering what it is )
    Economically , the copper Lincoln memorial cent (it can't be cashed in for it's intrinsic value and numismatically it's a hoarded commodity which does nothing, economically )
    Intrinsically, the modern small dollar. (it doesn't represent it's actual value intrinsically by weight or measure (size) and thankfully it's got color, plus, it's so overpriced numismatically that it reduces interest in the hobby )
    Oxymoronically hypothetically the greatest worthless coin is the blank zinc planchet… I guess. (it doesn't make a cent ) , but can still make a buck.

    Don't hold me to my guesswork or analysis. It's early morning and credit given when credit's due. It's actually a tough question, the more I ponder it.
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    LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭
    .
    in this context; greatest worthless = least valuable? both being oxymorons imo
    .

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

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    savoyspecialsavoyspecial Posts: 7,371 ✭✭✭✭
    worthless compared to what they USED to sell for in relation to other coins: 1903-O Morgan Dollar.....I cant think of another example of a one-time great numismatic rarity that is now so affordable for most people

    www.brunkauctions.com

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    DentuckDentuck Posts: 3,836 ✭✭✭✭
    I agree with the dateless Buffalo nickel.

    I always carry a few around in my pocket,
    to casually leave on the sidewalk outside
    a supermarket, or slip into a vending machine.

    What makes the dateless Buffalo nickel the
    "greatest worthless U.S. coin"?

    It's the greatest because the type is
    the greatest American coinage design, ever.
    (Sit down, Saint-Gaudens double eagle! That
    includes you, too.)

    The fact that this beautiful workhorse coin
    has been worn down from a lifetime of honest
    service to the nation's commerce doesn't
    detract from its inherent greatness.

    It's "worthless" only in the sense that
    dealers won't buy them for much more than
    $0.08 or $0.10 apiece, if they want them at
    all; nobody collects them.

    The common 1950s Wheat cent is also
    "worthless" in this regard, but, while it's
    a classic American coin, it doesn't reach
    the level of greatness that the Buffalo
    nickel embodies.

    A Wheat cent received in change might not
    even be noticed by the man on the street.
    A Buffalo nickel, even if it's worn and weary,
    is a show-stopper.

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    BillJonesBillJones Posts: 35,835 ✭✭✭✭✭


    << <i>Numismatically, the "greatest worthless" coin is the 1933 Double Eagle (it can't be used economically or numismatically and it's intrinsic value is worthless considering what it is )
    Economically , the copper Lincoln memorial cent (it can't be cashed in for it's intrinsic value and numismatically it's a hoarded commodity which does nothing, economically )
    Intrinsically, the modern small dollar. (it doesn't represent it's actual value intrinsically by weight or measure (size) and thankfully it's got color, plus, it's so overpriced numismatically that it reduces interest in the hobby )
    Oxymoronically hypothetically the greatest worthless coin is the blank zinc planchet… I guess. (it doesn't make a cent ) , but can still make a buck.

    Don't hold me to my guesswork or analysis. It's early morning and credit given when credit's due. It's actually a tough question, the more I ponder it. >>



    Good point. The 1933 double eagles have been nothing but a headache for almost everyone who has processed an example of the piece. The sole example that is legal to own is probably owned by the Federal Government which was able to buy it for half price with taxpayer's money. I wish that the government would melt them all except for the two that in the Smithsonian collection and be done with it.

    Another worthless coin if it exists is the 1964-D Peace dollar. If anyone were to come forward with it they would face the same penalties that have been levied against the Longboard family.
    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 ... ?
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,070 ✭✭✭✭✭
    Thanks Bill. And I really like the view of my "Book 'em Denno ' friend online. image
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Interesting....some very provocative posts here.....certainly the question allows for several perspectives.....In the end, it is likely the '64D Peace or '33 Saint Gaudens...if the title of the thread is to be taken literally...Cheers, RickO
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    << <i>Numismatically, the "greatest worthless" coin is the 1933 Double Eagle (it can't be used economically or numismatically and it's intrinsic value is worthless considering what it is ) >>



    Not True You could melt one. Gold is Gold. If you don't its worth less than zero based on the legal fees you would pay.
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    StaircoinsStaircoins Posts: 2,590 ✭✭✭✭


    << <i>Dateless Buffalo Nickel. >>


    +1
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    EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Here is the greatest example of the most worthless coin:


    image
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
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    BillJonesBillJones Posts: 35,835 ✭✭✭✭✭


    << <i>

    << <i>Numismatically, the "greatest worthless" coin is the 1933 Double Eagle (it can't be used economically or numismatically and it's intrinsic value is worthless considering what it is ) >>



    Not True You could melt one. Gold is Gold. If you don't its worth less than zero based on the legal fees you would pay. >>



    Okay, we could re-word the question to say, "Carries little or no numismatic premium." That would apply to much of the U.S. modern commemorative series unless it is slabbed in a MS or PR-70 holder. Many of these coins, especially the gold are being scrapped for their melt value.

    I think that the Longboard family would have been better off if they had just scrapped those 1933 double ealges for bullion.
    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 ... ?
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    MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    I visited the Pawn Stars store in Vegas a couple of years ago. They had an 1895-O Morgan in the case which was BU but holed. The note stated that the hole made it nearly worthless. Also noted that the coin was not for sale.

    I would have paid a couple hundred.
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    tahoe98tahoe98 Posts: 11,388 ✭✭✭


    << <i>I agree with the dateless Buffalo nickel.

    I always carry a few around in my pocket,
    to casually leave on the sidewalk outside
    a supermarket, or slip into a vending machine.

    What makes the dateless Buffalo nickel the
    "greatest worthless U.S. coin"?

    It's the greatest because the type is
    the greatest American coinage design, ever.
    (Sit down, Saint-Gaudens double eagle! That
    includes you, too.)

    The fact that this beautiful workhorse coin
    has been worn down from a lifetime of honest
    service to the nation's commerce doesn't
    detract from its inherent greatness.

    It's "worthless" only in the sense that
    dealers won't buy them for much more than
    $0.08 or $0.10 apiece, if they want them at
    all; nobody collects them.

    The common 1950s Wheat cent is also
    "worthless" in this regard, but, while it's
    a classic American coin, it doesn't reach
    the level of greatness that the Buffalo
    nickel embodies.

    A Wheat cent received in change might not
    even be noticed by the man on the street.
    A Buffalo nickel, even if it's worn and weary,
    is a show-stopper. >>



    ...this...image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
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    droopyddroopyd Posts: 5,381 ✭✭✭


    << <i>I agree with the dateless Buffalo nickel.

    It's "worthless" only in the sense that
    dealers won't buy them for much more than
    $0.08 or $0.10 apiece, if they want them at
    all; nobody collects them. >>



    Jewelers were paying a quarter each for these in the mid '80s. They seem to be popular in some jewelry pieces, especially in the southwest. I can't imagine they'd be paying less than that today.
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
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    OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭


    << <i>Here is the greatest example of the most worthless coin:


    image >>



    Ya, I noticed this one in Coin Facts not to long ago and IMO it gonna come back and bite em on the A$$

    Allthogh it is nice, I can't see how they missed that little FATAL flaw image

    Steve
    Promote the Hobby
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    copperhuntercopperhunter Posts: 925 ✭✭✭
    Corroded, bent and torn up in the parking lot 2014 cent.

    You already found a 2014 coin in circulation??
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    johnny9434johnny9434 Posts: 32,837 ✭✭✭✭✭
    any zinc cent.
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    DentuckDentuck Posts: 3,836 ✭✭✭✭


    << <i>any zinc cent. >>



    I understand the "worthless" part. What's the "greatest" part of the equation?




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    WestySteveWestySteve Posts: 567 ✭✭✭


    << <i>Numismatically, the "greatest worthless" coin is the 1933 Double Eagle (it can't be used economically or numismatically and it's intrinsic value is worthless considering what it is )
    Economically , the copper Lincoln memorial cent (it can't be cashed in for it's intrinsic value and numismatically it's a hoarded commodity which does nothing, economically )
    Intrinsically, the modern small dollar. (it doesn't represent it's actual value intrinsically by weight or measure (size) and thankfully it's got color, plus, it's so overpriced numismatically that it reduces interest in the hobby )
    Oxymoronically hypothetically the greatest worthless coin is the blank zinc planchet… I guess. (it doesn't make a cent ) , but can still make a buck.

    Don't hold me to my guesswork or analysis. It's early morning and credit given when credit's due. It's actually a tough question, the more I ponder it. >>



    Nuh Uh...you *could* melt it down.
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    MsMorrisineMsMorrisine Posts: 39,578 ✭✭✭✭✭
    a circ. damaged 1964/D nickel would be one

    but outside the 1982 Zinc/Bronze Lg/Sm , the 1984 cent at 8bil has to win

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    OverdateOverdate Posts: 7,314 ✭✭✭✭✭
    A low-mintage Silver Eagle with milk spots.

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    MsMorrisineMsMorrisine Posts: 39,578 ✭✭✭✭✭


    << <i>

    << <i>any zinc cent. >>



    I understand the "worthless" part. What's the "greatest" part of the equation? >>





    Metal does have melt value, so worthless is "none."

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    BustHalfBrianBustHalfBrian Posts: 4,199 ✭✭✭✭
    P01's image
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    Any AT'd Morgan.

    I wouldn't even pay melt for one.
    Let's try not to get upset.

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