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nibor0313nibor0313 Posts: 6 ✭
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How did a math teacher become the leading expert on coin mintage and machining?

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    nibor0313nibor0313 Posts: 6 ✭

    Thank you for your welcome....

    A calculated move? How so?

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    nibor0313nibor0313 Posts: 6 ✭

    See I think certain definitions may be in error.....

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    nibor0313nibor0313 Posts: 6 ✭

    As an example.....ALL errors minted on coins are "machine errors", other than over polished dies, other wise they'd be put there on purpose.....

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    MsMorrisineMsMorrisine Posts: 32,230 ✭✭✭✭✭

    Where are you reading this?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    nibor0313nibor0313 Posts: 6 ✭

    I'm not reading this.....I worked in various machine shops, but not in the mint, and witnessed how errors happen....I've also read though, the definitions..,.it's my belief that all errors should have a designated value and that none should be designated "worthless" because it creates an ambiguous situation that lends to cheating people.....

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    nibor0313nibor0313 Posts: 6 ✭

    Took me a it to get it Vansa..... B)

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    OldhoopsterOldhoopster Posts: 2,930 ✭✭✭✭✭

    The market already designates a value for minor errors and many times that value is 0. Why? Because collectors have no reason to pay a premium for them when they can be found in circulation for face value. Why would dealers pay a premium if there is no demand?

    There is absolutely nothing wrong with searching rolls and collecting minor errors. Maybe calling them "worthless" is a little harsh, but saying they have "no added value" is factual and accurate

    Member of the ANA since 1982
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    JBKJBK Posts: 14,793 ✭✭✭✭✭
    edited September 16, 2021 6:47AM

    @nibor0313 said:
    it's my belief that all errors should have a designated value and that none should be designated "worthless" because it creates an ambiguous situation that lends to cheating people.....

    You can't force someone to pay a certain amount. Its worth what someone is willing to pay.

    Value is a function of supply and demand.

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    JBKJBK Posts: 14,793 ✭✭✭✭✭

    @nibor0313 said:
    As an example.....ALL errors minted on coins are "machine errors", other than over polished dies, other wise they'd be put there on purpose.....

    Technically speaking, over polished dies are a die variety, ss are doubled dies, etc.

    Also, I don't know what s "machine error" is. I know what "machine doubling" is, and the term is quite appropriate.

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    OldhoopsterOldhoopster Posts: 2,930 ✭✭✭✭✭

    @nibor0313

    The following site has an extensive listing of error and variety types broken down by minting and die making process steps. I think you'll find it very useful and it can probably help answer many of your initial questions

    Www.error-ref.com

    Member of the ANA since 1982
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