2009 lincoln formative / Lp2 mint boxes / proof sets / doubled die errors

Onedollarnohollar · November 22, 2015 5:13PM

Have yourself a "double helping" of turkey on Thanksgiving day doubled die-hards!

pitboss · November 25, 2015 11:39AM

Have you guys noticed the sales lately on ebay.
Going up for sure.
The coins that are listed cheap are just about all gone now.

pitboss · December 7, 2015 6:10PM

Is it just me selling these coins?

Even though the sales have slowed in the past week they are still going out the door.

jessewvu · December 7, 2015 9:46PM

I haven't listed any but might at the beginning of the new year to help pay for some new furniture.

sanitarium1inmate · December 11, 2015 10:23PM

Originally posted by: jessewvu
I haven't listed any but might at the beginning of the new year to help pay for some new furniture.

I may end up selling off a few more to recoup what my wife spent from our savings and my coin fund. In 6 short months without warning 8k went down to 1.5k and she said she paid off some bills with it. lol. ok, I forgave her but now I will need to bring my play money back up to get a few of my nice ones put into plastic that I'm sure should get a 67 on the WDDR001. Kris

pitboss · December 11, 2015 11:27PM

Good luck to you on 67's.

pitboss · December 12, 2015 6:31AM

Don't list your coins too cheaply on eBay as right after the first of the year the prices are going higher. I have been watching the trends for the past few months and have been selling at the higher prices while I see some of you absolutely giving yours away. Now you can not even find replacements on eBay so when you run out you will not be able to re-supply or you will have to pay higher prices.

pitboss · December 18, 2015 1:46PM

What I see happening right now is the minor errors are being scooped up at low prices. The better errors like the new listed in the CPG will start selling next. This will all change after the first of the year when some on the big boys start advertising heavily in mags like coin world and numismatic news. THIS WILL HAPPEN GUYS!

By the way: Merry Christmas and a happy new year to everybody.

jessewvu · December 19, 2015 10:58AM

All my coins are packed up and moving to a new home. I may get them unburied in Jan or Feb. hopefully the prices skyrocket but I'm not so sure. Fingers crossed.

I pulled up some old eBay sales numbers, I sold a good bit of the major errors for about $10 each raw a few years ago. Isn't that what they are selling for now? Like 006 and 002?

pitboss · December 19, 2015 8:53PM

I am getting a lot more than that for mine right now and back in the time you are talking about I was getting $300 for a ANACS graded MS 67 WDDR 001. I had not even started going through bank boxes then.

Onedollarnohollar · January 2, 2016 8:54AM

a guy is selling Lp2 boxes for about $20 on the bay. his (one) picture doesn't show the date/time, just a closeup of the bar code. I messaged him to see what he had. his initial response...has many but doesn't know exactly, says that it will just be a surprise to the buyer. of course I message him back again and let him know that I don't like surprises and ask him to check if he has certain dates available. just got his response today...haha...sorry that's the best I can do. what a businessman. his ebay handle refers to his coinshop. customer service ain't what it used to be. my assumption is that he knows he has lousy dates and is trying to sucker people with worthless boxes for $20. anyone else give this guy a try lately?

pitboss · January 2, 2016 9:07AM

A jerk like that is not worth the trouble of getting in touch with. If he had anything good he would show what he had gladly.

Onedollarnohollar · February 11, 2016 5:31AM

I haven't heard nor seen any updates on PCGS plans to label these errors. I've been out of the loop for awhile so I may have missed something. What's the latest?

Onedollarnohollar · April 12, 2016 11:31AM

Has anyone found anything exciting lately? So slow on this thread. Need to breathe some life into it...lol....I was able to pick up a 4/23 box for cheap recently but they sure are few and far between. I thought I would buy a bank box and hope for something like final stage wddr-oo6's with the obverse/reverse large die cracks. Found what I thought was a deal...unfortunately...he had mis-labeled the box and they were "D" mint coins....had to return them of course for refund...but I still might try again if something pops up that I just have to have. Well, hope to hear from any doubled die-hards that might still be lurking around these parts.

pitboss · April 12, 2016 12:07PM

I have not been looking for any more as have enough already.
I have been doing real good on sales for the past 6 months so am very happy with them.
My biggest seller has been the WDDR 032 and I have sold many thousand of them (500 yesterday alone).
The sales will probably slow down now until the fall.
There has been no activity on this site at all for the past few months.

Akbeez · April 12, 2016 2:47PM

Congrat's PB on your 032 sales! Opportunities are out there yet -- hang in there Onedoll --

Pittstate03 · April 13, 2016 6:06AM

From the thread, I think the 4/16 box could be ok. I would much appreciate any info on the LP2 boxes I have. Some were from mint orders on release and others were picked up shortly after release. I think these are the better dated boxes I have. Thanks

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Onedollarnohollar · April 13, 2016 9:38AM

Unfortunately, the 4/16 box is probably too late in the day to bear anything of importance. You have to have an early morning time stamp, in my experience, to find the wddr-013 late stage die crack coin. In my notes I have recorded that those appeared in late afternoon 4/15 to early morning 4/16 boxes. In regards to your other boxes shown here the 4/30 and the 5/1 dated boxes may have a few errors in them if you want to check them out. Pretty sure you'll find a few "catfish abes" in them at least. The other boxes, again from my experience are not holding anything special. Hopefully, others will chime in if they have different information that I do.

jessewvu · April 13, 2016 11:45AM

I moved and can only find a little of my stuff:

Here is what i have for your times

04/21 - 9774 - 09:09 - (11) WDDR-005 and 1 die crack from rim to head on reverse

04/21 - 9774 - 12:20 - (14) WDDR-005

04/21 - 9774 - 12:20 - (07) WDDR-005

I didn't open any more because i didn't need any more 005

04/22 - 9883 - 12:49 - (10) WDDR-008

04/30 - all - A LOT of WDDR-004 from 12:02 - 14:12

Akbeez · April 16, 2016 4:12PM

What he said -- agree. Take a look maybe will find some wddrs still worth the search. High grades are still tough to find. Good luck!

Onedollarnohollar · June 1, 2016 5:16AM

nothing worse than saying goodbye to an old friend. goodbye lp2 thread. it was fun while it lasted. your voice will never speak again of fantastic doubled die finds or share the excitement of their potentially historic numismatic significance. the sun has set so I tip my glass to you.

joeykoins · June 1, 2016 8:46AM

hammer1 · June 1, 2016 11:03AM

Not loaded. The prices on these have gone south. Way south.

MS66= you lose $.

joeykoins · June 2, 2016 12:08AM

Originally posted by: hammer1
Not loaded. The prices on these have gone south. Way south.

MS66= you lose $.

For now! Have patience everyone. This is the tough part of collecting. Hoping and waiting for the right time. Prices south may mean time to BUY?

hammer1 · June 2, 2016 5:35AM

Originally posted by: joeykoins

Originally posted by: hammer1

Not loaded. The prices on these have gone south. Way south.

MS66= you lose $.

For now! Have patience everyone. This is the tough part of collecting. Hoping and waiting for the right time. Prices south may mean time to BUY?

The OP was the biggest supporter of these 006's for the last 7 years. He now believes these are done. I had plenty of these, and I concur with the OP.

Took a few years for these to get traction, they peaked. CPG inclusion boosted the prices on these. That has come and gone. These have fallen as low as they ever have been. MS66 go unsold at $39.

Pitboss was the second biggest fan. He is now almost 'giving away' his stash.

I think only those left holding them, will try to support these. Even they know the future is bleak.

joeykoins · June 2, 2016 6:39AM

Call me crazy, but I'm not giving up on them yet! Die hard means just that, It will take sometime for me to die on these cause it's hard for me to die!

Manorcourtman · June 2, 2016 10:52AM

As predicted, none of these varieties were graded PCGS 67. There is a glut of these FS varieties in PCGS 66. The very small pool of Modern PCGS Registry Lincoln variety guys already bought these and what remains will likely languish as footnotes in Lincoln variety history. Some guys may have made a little money but the only ones who truly made out were ANACS and PCGS. Especially ANACS who pumped out many inflated grades on these!! The ANACS 67's I bought and seen were no better than PCGS 65's in many cases. This may be one of the must hyped coins in the history of these boards! Well played players. Hopefully no one bet the farm on these because they have seen better days. They have officially "jumped the shark." Peace out.

pitboss · June 2, 2016 12:09PM

I still like them a lot and am still making money on selling them. They have been great for me. People here on the forum have always been down on them but others like them.

Coinflip · June 2, 2016 12:27PM

Got a Mint box of 2011 minor DDOs and trail dies if interested

pitboss · June 2, 2016 12:44PM

I myself am not interested in minor errors which is all I have seen come out of the mint since the 2009's came out. The 09's gave us a bunch of minor errors too which i did not even save.

pitboss · June 2, 2016 12:58PM

Originally posted by: hammer1

Originally posted by: joeykoins

Originally posted by: hammer1
Not loaded. The prices on these have gone south. Way south.

MS66= you lose $.

For now! Have patience everyone. This is the tough part of collecting. Hoping and waiting for the right time. Prices south may mean time to BUY?

The OP was the biggest supporter of these 006's for the last 7 years. He now believes these are done. I had plenty of these, and I concur with the OP.

Took a few years for these to get traction, they peaked. CPG inclusion boosted the prices on these. That has come and gone. These have fallen as low as they ever have been. MS66 go unsold at $39.

Pitboss was the second biggest fan. He is now almost 'giving away' his stash.

I think only those left holding them, will try to support these. Even they know the future is bleak.

pitboss · June 2, 2016 1:08PM

Originally posted by: pitboss

Originally posted by: hammer1

Originally posted by: joeykoins

Originally posted by: hammer1
Not loaded. The prices on these have gone south. Way south.

MS66= you lose $.

For now! Have patience everyone. This is the tough part of collecting. Hoping and waiting for the right time. Prices south may mean time to BUY?

The OP was the biggest supporter of these 006's for the last 7 years. He now believes these are done. I had plenty of these, and I concur with the OP.

Took a few years for these to get traction, they peaked. CPG inclusion boosted the prices on these. That has come and gone. These have fallen as low as they ever have been. MS66 go unsold at $39.

Pitboss was the second biggest fan. He is now almost 'giving away' his stash.

I think only those left holding them, will try to support these. Even they know the future is bleak.

You say I am giving mine away but that is not the case. I picked very carefully the ones I sent into ANACS. I had 150 MS 67 WDDR 006's which I SOLD for between $75 and $150 each. That is not a bad profit when it only cost me $10 each to get graded and more than made up for the 65' and 66's that did not sell well.. The raw coins I sold, and I have sold thousands of them, have sold at prices that have also made me nice profits. I am still selling them at the rate of a few hundred dollars worth every week so if that is giving away my stash then so be it.

hammer1 · June 3, 2016 3:53AM

Don't forget your acquisition costs. You paid a premium for the LP2 boxes.

All that you are selling now are 65 & 66 which you admit you are losing money on.

joeykoins · June 3, 2016 4:08AM

Originally posted by: hammer1
Don't forget your acquisition costs. You paid a premium for the LP2 boxes.

All that you are selling now are 65 & 66 which you admit you are losing money on.

That's IF he's selling those 65/66's? If he decides to hold on to those, maybe, just maybe, they'll spike back up again? Which in return means, a profit, once again!

pitboss · June 3, 2016 4:11AM

My cost to acquire them was low as I really loaded up early on when you could get them for next to nothing. As far as selling the 65 and 66's is concerned I really don't have that many of them. What I am selling now are the raw coins and I sure am not losing money on them. At $10 apiece for grading fee I can always crack the 65 and 66's out and sell them raw if I happen to get low on raw coins and all the 67's I sold for over $100 each will cover the difference by far. People are STILL buying raw coins and I have a big following of clients. I hope you all stop trying to sell them.

TheDukeK · August 30, 2016 2:20PM

So I'm looking at box's of LP1 from 3/4 and LP2 from 5/26.
Are there anything good that came out of those?

pitboss · August 30, 2016 3:03PM

I sent you a PM with the answer. Sorry my friend!

pitboss · August 30, 2016 3:06PM

Well summer is over and the selling season has begun again after a month of slow sales.

newcollect · August 31, 2016 1:44AM

Just seen plenty on ebay

newcollect · August 31, 2016 1:46AM

Plentiful on ebay

TwoSides2aCoin · August 31, 2016 1:58AM

Welcome aboard, friend.

pitboss · August 31, 2016 2:14AM

The only major errors found in LP 2 boxes are the WDDR 001,002,and 006. The balance are found in 50 roll mint boxes.

Onedollarnohollar · September 4, 2016 4:50AM

this one came from the lp2 boxes and is only found within a 24 hour period making them more rare and desirable. imho..this is the wddr-013 final stage D

Onedollarnohollar · October 12, 2016 10:06AM

Has anyone determined whether or not the Cherry Picker's Guide made a difference in the sales/promotion of the Lp2 errors? Where are the PCGS and NGC attributed and certified examples?

pitboss · February 13, 2017 4:58PM

I have not been on these boards since they changed the format but these coins have been selling so well that I though I would bring this back so we can all see.

joeykoins · February 13, 2017 6:56PM

Are these selling like you say, or is it just wishful thinking? I thought these were DEAD in the water?

pitboss · February 13, 2017 7:20PM

I have a very large following of collectors that buy from me regularly and I have been selling very well but not on eBay. My eBay sales are down considerably. I had 650 of them graded by ANACS and have less than 50 left available. I have been selling my MS65 and MS66 cheap as I want to get clear of them but the MS67's have brought me between $75 and $160 each and I had around 400 of them with only 25 left. I had over 800 WDDR 006 and now have less than 50 and over 600 WDDR 043 with only about 20 left. The WDDR 001 I had 900 at one time and am down to less than 100 of them. I am now advertising on the BST for more coins if anyone wants to sell some. So you could say sales have been good but it is because I worked hard to create a good following and encouraged people to deal with me off eBay.

joeykoins · February 13, 2017 7:25PM

WoW! OK.

Onedollarnohollar · February 13, 2017 8:30PM

Welcome back Pitboss. Your story is incredible considering the seeming lack of enthusiasm on this forum and by Ebay customers in general. I have sold a trickle of these formative error coins but things are slow overall. Believe it or not I've sold more of my "sore foot Abes" than the big errors recently. I am the only one showing them (I might be the only one that ever found them?)
This is the second die crack error I got to name if you remember my "cracked skull Abes". Those were all lost in my burglary. I don't have many left of the "sore foot Abes", probably ten or so, but I think they're cool. On a side note I picked up a couple of 4/23 boxes yesterday and one 4/16 early a.m. box as well. I think everyone knows what errors lie within. Well, Pitboss, keep in touch and let us know how things are going.

pitboss · February 13, 2017 9:52PM

I have not bought any in quite a while but have reached the point where I will have to if I want to keep my customers happy as I do not have many of the good ones left. That is why I have started advertising for them. I had one customer Saturday that bought 15 rolls of different varieties and sent me a money order of $900 for them which I got today. There is an underground of people out there that want these coins and will drive the desire for them in a few years. Unfortunately for me at the age of 77 I will most likely not be around or at least not care abut them then. Have a great day collecting whatever you like to collet.
Steve

2009 lincoln formative / Lp2 mint boxes / proof sets / doubled die errors

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