May I ask the question?

Options
nibor0313
nibor0313 Posts: 6 ✭
in Q & A Forum

How did a math teacher become the leading expert on coin mintage and machining?

Comments

  • nibor0313
    nibor0313 Posts: 6 ✭
    Options

    Thank you for your welcome....

    A calculated move? How so?

  • nibor0313
    nibor0313 Posts: 6 ✭
    Options

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

  • nibor0313
    nibor0313 Posts: 6 ✭
    Options

    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.....

  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
    Options

    Where are you reading this?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • nibor0313
    nibor0313 Posts: 6 ✭
    Options

    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.....

  • nibor0313
    nibor0313 Posts: 6 ✭
    Options

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

  • Oldhoopster
    Oldhoopster Posts: 2,930 ✭✭✭✭✭
    Options

    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
  • JBK
    JBK Posts: 17,862 ✭✭✭✭✭
    edited September 16, 2021 6:47AM
    Options

    @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.

  • JBK
    JBK Posts: 17,862 ✭✭✭✭✭
    Options

    @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.

  • Oldhoopster
    Oldhoopster Posts: 2,930 ✭✭✭✭✭
    Options

    @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

Categories