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Picked up a new multiple error coin today ... undervalued market???

FletcherFletcher Posts: 3,294 ✭
in U.S. Coin Forum
... I must say that I am surprised how cheaply one can still pick up cool error coins for. If there is any part of the market that is currently undervalued, this just may be it. However, it may be simply because there is such a limited number of error collectors.

image

Comments

  • ManMan Posts: 1,002
    Nice error.
    You're right I think these errors will triple in value as the mint does away with accidental error releases.

    Waffle coins stink.
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  • weresteveweresteve Posts: 1,224 ✭


    << <i>... I must say that I am surprised how cheaply one can still pick up cool error coins for. If there is any part of the market that is currently undervalued, this just may be it. However, it may be simply because there is such a limited number of error collectors. >>



    'course the relative cost of getting mint errors into PCGS slabs these days doesn't help matters very much ...
    1st You Suck - 04/07/05 - Thanks MadMarty!

    Happy Rock Wrens

    You're having delusions of grandeur again. - Susan Ivanova
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  • cladkingcladking Posts: 28,703 ✭✭✭✭✭
    Older errors can be very inexpensive even when they are rare types because of multiple problems.

    The only errors that consistently command large premiums are when they are spectacular such as
    off-metal, chain strikes, multiple stikes and the like.

    It's possible the '96 quarter that is off center and double struck is unique. Yet raw they may cost
    as little as a few dollars.
    Tempus fugit.
  • michaelmichael Posts: 9,524 ✭✭✭
    totally undervalued especially so if the error is scarce and dramatic like your quarter and also still has the date and mintmark clearly visible and is a gem

    your coin fits the bill and is really an attractive dramatic error image with great eye appeal
  • lordmarcovanlordmarcovan Posts: 43,682 ✭✭✭✭✭


    << <i>D/S-2nd 90% O/C & B/S >>


    Wow, what wonderful gibberish.

    I want a quarter with SG321%72$#+PL-@*6.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • AlixTCatAlixTCat Posts: 1,276
    Very neat coin indeed.
    I am new to error collecting. What do D/S-2nd 90% O/C & B/S mean?
    Thanks for the info.

    Jonathan
    I have been a collector for over mumbly-five years. I learn something new every day.
  • krankykranky Posts: 8,709 ✭✭✭


    << <i>

    << <i>D/S-2nd 90% O/C & B/S >>


    Wow, what wonderful gibberish.

    I want a quarter with SG321%72$#+PL-@*6. >>



    Double-struck, with second strike 90% off-center, and also broadstruck.

    OK, now you tell me what yours means! image

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • lordmarcovanlordmarcovan Posts: 43,682 ✭✭✭✭✭
    Yeah... I knew that. image

    Mine means "1796, MS68". image

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • robertprrobertpr Posts: 6,862 ✭✭✭
  • librtyheadlibrtyhead Posts: 1,116 ✭✭✭
    True errors are cool look at the 55 dd I dont like the clips though.
  • seanqseanq Posts: 8,722 ✭✭✭✭✭


    << <i>True errors are cool look at the 55 dd I dont like the clips though. >>



    Cool, more left over for me, then. image Seriously, clips are probably one of the hardest errors for a new collector to attribute because so many forms of planchet damage resemble them. Once you know your stuff, then clips can be one of the most affordable errors to collect. Countless times I've been able to purchase very rare genuine Mint errors at a discount over a normal coin, either because the seller couldn't attribute them or because the clip was actually distracting to high-end type or series collectors.

    Here, tell me you couldn't fall in love with a looker like this. image

    image


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor

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