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anyone still searching for 2009 Lincoln lp2 ddr's?
Onedollarnohollar
Posts: 2,035 ✭✭✭✭
I may be the last of the breed, but it's a cheap enough thrill to find the right dates and times that I know will yield some of the best of the errors that are going to be acknowledged in future respected numismatic publications. Just picked up five boxes that will contain what I consider the holy grail error (wddr-006 skeleton finger). Anyone else out there still casting their lines out to catch a few winners?
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I guess no one really watches sales of these on Ebay.
I've watched/tracked/calculated a few dealers of these and their sales.
I personally know 2-3 that have made THOUSANDS of dollars on these. It's easy math, $5 x 200=$1000.
So, to all the savvy collectors that base the value on a single coin; you're correct these won't be worth their time.
There's money in VOLUME, ask Sam Walton
<< <i>There's money in VOLUME, ask Sam Walton >>
I lose money on everything I sell and make up for it in volume.
<< <i>
<< <i>There's money in VOLUME, ask Sam Walton >>
I lose money on everything I sell and make up for it in volume. >>
Because you're a business genius
<< <i>Half of those doubled dies aren't even doubled dies. I'm a hardcore cent searcher and I don't even bother checking for them. >>
The key word there is hardheaded?
Oops sorry, hardcore
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I read an interesting article regarding DD type coins and it stated something to the effect after 1995 "the last big DD year" that the minting process was changed so that no major DD could even be produced through a single hubbing method or something to the like. I asked around numerous times "not here" and never got any intelligible feedback regarding the truth of this.
Not recalling exactly it may have said no true DD's obverse/reverse could even be produced due to the change in minting process(es).
I certainly would like to see what all have to say on this subject as it will certainly effect future potential values for any coins minted after 1995 that claim to be DDs.
A comment about if it is worth the time to look for XXX variety. I agree with a previous post, if you enjoy it and don't mint the work and cost, go for it. One of the phrases I've used and hopefully will be quoted for is, "a true hobbyist loses money" meaning the hobby is meant for enjoyment and money is one of the costs of the hobby; time, energy etc are others. For me numismatics is 80/20 business/hobby.
Rest assured that someone else out there in the world is looking for exactly what you are and would enjoy talking about it and a lot can be gained from that, even if the coins don't have much financial value. The camaraderie, enjoyment, education etc probably can't be measured like money can.
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Hoard the keys.
Maybe for the most part we won't see something like the 55 DDO or 72 DDO or 83 DDR but there are some interesting ones worth looking for.
Look at some of the 2006 varieties!
2009 PROOF $499