Which is King?
joeykoins
Posts: 17,589 ✭✭✭✭✭
We know the beauty in any U.S. Coin/s. However, to some of us here, we get giddy about the vast amount of error/variety coins out there. I have a feeling I know what the majority will be but let's see some numbers, shall we? Who is King?
Thanks guys. 
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.Which is King?
This is a public poll: others will see what you voted for.
1
Comments
None of the above
All comments reflect the opinion of the author, evn when irrefutably accurate.
So, 55 DDO or 15% off- center Lincoln?
Or quadruple struck brockage vs a barely noticeable extra thick lettering?
All comments reflect the opinion of the author, evn when irrefutably accurate.
if varieties are marriages, then they are King over all in the kingdom.
The only thing rarer than some very rare varieties are collectors willing to pay strong premiums for them. (There are notable exceptions with diehard bust half collectors by Overton numbers or select VAM Morgan and Peace Dollars.) Error coins also strike me as having a smaller base, but I don’t really follow the market for these. It is telling that CAC won’t buy them IMHO though.
I would rather own a very high-end error than a very high-end variety. I’m not sure any varieties excite me, and most errors don’t, especially on modern coins.
Gobrecht's Engraved Mature Head Large Cent Model
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I voted errors. Varieties are such a broad subject and I would say 80%, including VAMs, arent even major enough to even have a premium IMO. Hell, I dont even understand how the 3 legged bison varieties are worth as much as they are. Look at the pop reports, there are literally tens of thousands out there.
Errors however are one of a kind. No two are exactly the same and if it is a braodstrike or a more major error they always carry a premium.
How many varieties can make a common coin into a 4 figure coin? How many common coins with major mint error can become 4 figure coins? 5 figures?
Strike It Rich From Pocket Change doesnt scream king to me. Especially since the book doesnt seem to understand the difference between errors and varieties.
...Errors however are one of a kind. No two are exactly the same...
Have to agree with you on that note. The error coin IS King, hands down, in that area!
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.I didn't vote. Too generic a poll.
I will say that I have made thousands more in profits from varieties than from errors. And personally, I prefer collecting varieties over errors. Why? Pricing for varieties are more established, pricing for errors is up to the seller and usually way overpriced in my opinion.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
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Even though errors are one of a kind (and some "Mint Assisted").................
I'd still rather have my 2 "Varieties".............
"When they can't find anything wrong with you, they create it!"
I go with varieties.
Wayne
Kennedys are my quest...
I have many die varieties, mainly doubled dies. I also have several die STATE varieties, such as 3 and 3 1/2 legged buffalo nickels. I only have a couple of error coins.
You can't really list bids for errors since they are each so different.
All comments reflect the opinion of the author, evn when irrefutably accurate.
80% of errors aren't "major enough"
All comments reflect the opinion of the author, evn when irrefutably accurate.
The famous, 1913 V Nickel. Is it called an error coin or variety?
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.@jmlanzaf : You can't really list bids for errors since they are each so different.
But eventually they start falling into a said category: ie, "Clips", "Laminations", "Struck on Nails" LOL!
"When they can't find anything wrong with you, they create it!"
They do fall into categories. "Struck on nails" aside, however, there's a big difference between a 1/4 inch clip and a 1/16 inch clip. There's a big difference between 10% off center and 30% off center. There's a difference between 25% off center date visible and 25% off center date not visible. And so on... That's why there's not even a reliable price guide for errors
All comments reflect the opinion of the author, evn when irrefutably accurate.
@jmlanzaf : ." That's why there's not even a reliable price guide for errors"
Right, it's pretty much left up to who will pay the most.
"When they can't find anything wrong with you, they create it!"
Errors are one-offs
Varieties are searchable.
Variety over error for actual production statistics. IMO. Peace Roy
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I just do not care..... I enjoy both categories and there are significant/notable examples in each area. There are also minor examples. I just enjoy coins, especially for all the wide range of types, metals, dates, designs, errors, varieties or country of origin. Cheers, RickO
They are both nice.
I'll say that there are more visually impressive errors than varieties in my opinion, but the top varieties, like the 1955 DDO cent, are classics.
If I had to pick one, I'd choose errors because variety is the spice of life - and yes, I know that's kind of ironic
I typically don't shop for errors, but I will shop for a variety that strikes my fancy. That said, I didnt vote in the poll because my primary focus is on coins that have good original surfaces... then grade...
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Cash is king...
U.S. Type Set
The 1804 dollar was crowned king... Some were even owned by kings...
The 1933 DE is the king of price, twice. It was also owned by a king...
Have any kings collected errors or varieties?
Until Red Book and PCGS and Greysheet recognize more errors... variety carries the day.
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You'd rather have a high-end error than an MS65 1918/7 SLQ?
Yes. I wouldn’t do anything with a high-end variety like that except sell it. It’s just an overdate. It might be rare in that condition, but there are a lot of rare coins out there, and a lot of overdates. Aside from that one little detail on the coin, it’s just an SLQ in MS65. Varieties are simply that - varieties. They are just coins struck from dies that display, for the most part, only small differences from the norm.
Give me a classic US coin with a full mirrored brockage or a die cap or something to that effect though, and I would hold on to it for as long as I could. These are all exponentially cooler to me than any variety I can think of:
Gobrecht's Engraved Mature Head Large Cent Model
https://www.instagram.com/rexrarities/?hl=en
Errors are neat, and I enjoy looking at them, but I'm a variety person. Variety collecting lends itself to finding things "in the wild" among more common coins, offering a bit of excitement when you find a rare one or a cool one. Most errors don't lend themselves being found that way. Are either of them "king"? I don't know. Lately, it seems 1921 Peace dollars are.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Errors are fun to have but in older coins you can't hunt them down. Varieties can be hunted down to this day in the wild in the case of Buffalo Nickels. They are still out there. You may just need a microscope to find them.
Very awesome error coins, dude.
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.Errors are cool but not really part of a set. Collectors like to fill whole and many varieties have grown to be consider part of the set/series. No error is really part of a set except the few who collect groups of errors.
11.5$ Southern Dollars, The little “Big Easy” set