Mint Error
Moderator: Daniel
Forum rules
Here's a link to how to post a topic with images in our community https://coinauctionshelp.com/welcome-to ... community/
___________________________________________________________________________________________________________
You also agree to follow these guidelines. You must agree to these rules to be a member of this forum. NO SPAM! Spam is deleted within minutes, no spam will ever be left in our community.
1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.
2. Please remove coin from the holder unless it’s US or an official mint case or unless it is graded by a grading service.
3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.
4. Always start your own topic, please don’t ask about your coin or post your coin in someone else’s coin topic.
5. Do not send private messages about your coin unless an Admin ask you too and the same for sending emails through the board.
6. No spam. Do not post any links to your coin or other non-coin websites.
7. Always be respectful even if something makes you upset or you don’t agree with a member. You can always get a second opinion elsewhere. If you have an issue then politely ask an admin in an PM. PM’s are for issues, technical and personal, but not for coin questions (refer to number 5 on this list). Our community is not a soap box for complaining or drama, so please refrain from doing so here.[/size]
Here's a link to how to post a topic with images in our community https://coinauctionshelp.com/welcome-to ... community/
___________________________________________________________________________________________________________
You also agree to follow these guidelines. You must agree to these rules to be a member of this forum. NO SPAM! Spam is deleted within minutes, no spam will ever be left in our community.
1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.
2. Please remove coin from the holder unless it’s US or an official mint case or unless it is graded by a grading service.
3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.
4. Always start your own topic, please don’t ask about your coin or post your coin in someone else’s coin topic.
5. Do not send private messages about your coin unless an Admin ask you too and the same for sending emails through the board.
6. No spam. Do not post any links to your coin or other non-coin websites.
7. Always be respectful even if something makes you upset or you don’t agree with a member. You can always get a second opinion elsewhere. If you have an issue then politely ask an admin in an PM. PM’s are for issues, technical and personal, but not for coin questions (refer to number 5 on this list). Our community is not a soap box for complaining or drama, so please refrain from doing so here.[/size]
- SensibleSal66
- Coin Master
- Posts: 7737
- Joined: Thu Sep 10, 2020 8:06 am
- Location: Connecticut
- Has thanked: 3506 times
- Been thanked: 2306 times
Re: Mint Error
Just a common "Die Chip".
Member of CONECA
" All replies are my opinion based on experience"
Casual Collector 40+ years , 10 years Error coins ( still learning).
" All replies are my opinion based on experience"
Casual Collector 40+ years , 10 years Error coins ( still learning).
-
- Coin Wizz
- Posts: 231
- Joined: Sat Oct 17, 2020 8:19 am
- Location: Lancaster, Pennsylvania
- Has thanked: 40 times
- Been thanked: 77 times
Re: Mint Error
Your grading fees will cost a lot more than the coin is worth. ANACS grades (lowest tier) for around $19 +shipping there and back. NGC and PCGS have higher rates yet. I use NGC and when I am done paying shipping, insurance, grading fees, shipping, insurance, handling and part of my membership added in (depends how much averaged out over number of coins sent in a year) it is as much as $40. I agree with Sal.
ANA Member.
Re: Mint Error
Please Read Before Posting A Topic
In the title please put date, denomination and type of coin design and a brief on what you are asking about.
In the title please put date, denomination and type of coin design and a brief on what you are asking about.
- Paul
- Master Die Variety Examiner
- Posts: 18845
- Joined: Wed May 29, 2013 9:19 pm
- Location: Wisconsin
- Has thanked: 897 times
- Been thanked: 3274 times
- Earle42
- Administrator
- Posts: 15577
- Joined: Tue Apr 02, 2019 11:18 am
- Location: OH
- Has thanked: 1330 times
- Been thanked: 4878 times
Re: Mint Error
@Sue12
I went to lock the topic because according to forum guidelines we need certain rules to be followed. However, I see you are actively here so I will not lock, just tell you what needs done - highlighted below:
Posting guidelines
Every post starting a new thread with a question about a coin must contain:
1. A meaningful title describing the SPECIFIC thing on your coin you are asking about.
- Vague questions like “Tell me if you see an error,” or just, “1989 penny” will be locked and you must make a new post/thread.
2. Only one coin per topic
3. A full OBV and full REV picture of the coin as well as a picture (pictures) specifically what you are asking about (if applicable).
How to make a new post
Click the following links:
https://coinauctionshelp.com/forum/view ... 11&t=15935
https://coinauctionshelp.com/forum/view ... 11&t=19041
Please take those links to see what all is required in a post so no future posts need locked.
Thank you!
I went to lock the topic because according to forum guidelines we need certain rules to be followed. However, I see you are actively here so I will not lock, just tell you what needs done - highlighted below:
Posting guidelines
Every post starting a new thread with a question about a coin must contain:
1. A meaningful title describing the SPECIFIC thing on your coin you are asking about.
- Vague questions like “Tell me if you see an error,” or just, “1989 penny” will be locked and you must make a new post/thread.
2. Only one coin per topic
3. A full OBV and full REV picture of the coin as well as a picture (pictures) specifically what you are asking about (if applicable).
How to make a new post
Click the following links:
https://coinauctionshelp.com/forum/view ... 11&t=15935
https://coinauctionshelp.com/forum/view ... 11&t=19041
Please take those links to see what all is required in a post so no future posts need locked.
Thank you!
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
- Earle42
- Administrator
- Posts: 15577
- Joined: Tue Apr 02, 2019 11:18 am
- Location: OH
- Has thanked: 1330 times
- Been thanked: 4878 times
Re: Mint Error
As to grading a coin:
Give a man a fish, feed him for a day. Teach a man to fish, feed him for life. Here is some beginners fishing tackle. Its worth your time to read.
Following is info concerning the actual nature of grading companies that can help people make better educated decisions.
Thinking of Slabbing? Make sure you understand the Facts...or You Could Lose Money.
1. The grading companies are not a way that the majority of people, even those with a great deal of experience who know what they are doing, are going to be able to use in order to make huge personal profits. Many people start using grading companies thinking they will find a way to finance their hobby, but they learn a hard lesson quickly.
2. Watch some of Daniel's videos where he gets pieces back form the grading companies. Note even people who live, eat, breath, and deal coins for a living (like Daniel) can accurately predict what grade the companies will give. And...the "fault" (not really a fault) is in a widespread mistaken perception people get from being exposed to all the slabs being sold nowadays.
Coin grading companies are a business out to make a profit - this is why they exist. They use a system where (allegedly, but in reality its normally two) three graders look at each coin and give an opinion. The company videos showing the process make you believe this is a relaxed paced process of studying each coin. In fact one PCGS video shows a number of guys sitting around a table discussing what they think a specific coin should be graded as (on youtube somewhere - sorry no link). Uh uh.
If you take a PCGS graded coin slabbed as MS64, break it out, and resubmit it to PCGS, you are never guaranteed the same grade again. The slabbed coin might come back MS62 (bad day for graders), 63, 64, 65, 66 (great day for you!). This is b/c the process is all subjective: No scientific/verifiable standards or methods are used. Personally having talked with former graders (granted - its been awhile), the process is very rushed since they told me graders are paid by how many coins they can get through in a day.
But..this is all hearsay without proof. So...
Grading the Coin Graders
Here is another good read from someone there at the start of the grading companies:
Hobby negative impacts from slabbing companies
3. People also seem to think grading companies will examine a coin to see if they can find an error and then slab it as such. But again, they ONLY GRADE coins. The companies will NOT try to find and ID an error for you. You must FIRST ID the error yourself, CHECK to see if the company you want to use recognizes that specific error, PAY them to verify the error on the label, and then you may or may not actually get what you pay for! The companies have a bad reputation for attributing errors correctly.
Link to and read (download if you want it) the pdf link in my signature as an eye opening example.
The verifiable data presented shows trusting people have spent thousands of dollars on many slabbed coins that are not what the companies claims/slabbed the coins to be.
You don't have to throw in the towel over these companies...but education about the reality of them will put you on the right pathway to dealing with them in a legit way without losing money in the process.
And…if you just like to collect slabbed coins for what they are, which makes losing/making money from slabs irrelevant, then of course enjoy them!"
Give a man a fish, feed him for a day. Teach a man to fish, feed him for life. Here is some beginners fishing tackle. Its worth your time to read.
Following is info concerning the actual nature of grading companies that can help people make better educated decisions.
Thinking of Slabbing? Make sure you understand the Facts...or You Could Lose Money.
1. The grading companies are not a way that the majority of people, even those with a great deal of experience who know what they are doing, are going to be able to use in order to make huge personal profits. Many people start using grading companies thinking they will find a way to finance their hobby, but they learn a hard lesson quickly.
2. Watch some of Daniel's videos where he gets pieces back form the grading companies. Note even people who live, eat, breath, and deal coins for a living (like Daniel) can accurately predict what grade the companies will give. And...the "fault" (not really a fault) is in a widespread mistaken perception people get from being exposed to all the slabs being sold nowadays.
Coin grading companies are a business out to make a profit - this is why they exist. They use a system where (allegedly, but in reality its normally two) three graders look at each coin and give an opinion. The company videos showing the process make you believe this is a relaxed paced process of studying each coin. In fact one PCGS video shows a number of guys sitting around a table discussing what they think a specific coin should be graded as (on youtube somewhere - sorry no link). Uh uh.
If you take a PCGS graded coin slabbed as MS64, break it out, and resubmit it to PCGS, you are never guaranteed the same grade again. The slabbed coin might come back MS62 (bad day for graders), 63, 64, 65, 66 (great day for you!). This is b/c the process is all subjective: No scientific/verifiable standards or methods are used. Personally having talked with former graders (granted - its been awhile), the process is very rushed since they told me graders are paid by how many coins they can get through in a day.
But..this is all hearsay without proof. So...
Grading the Coin Graders
Here is another good read from someone there at the start of the grading companies:
Hobby negative impacts from slabbing companies
3. People also seem to think grading companies will examine a coin to see if they can find an error and then slab it as such. But again, they ONLY GRADE coins. The companies will NOT try to find and ID an error for you. You must FIRST ID the error yourself, CHECK to see if the company you want to use recognizes that specific error, PAY them to verify the error on the label, and then you may or may not actually get what you pay for! The companies have a bad reputation for attributing errors correctly.
Link to and read (download if you want it) the pdf link in my signature as an eye opening example.
The verifiable data presented shows trusting people have spent thousands of dollars on many slabbed coins that are not what the companies claims/slabbed the coins to be.
You don't have to throw in the towel over these companies...but education about the reality of them will put you on the right pathway to dealing with them in a legit way without losing money in the process.
And…if you just like to collect slabbed coins for what they are, which makes losing/making money from slabs irrelevant, then of course enjoy them!"
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
- Earle42
- Administrator
- Posts: 15577
- Joined: Tue Apr 02, 2019 11:18 am
- Location: OH
- Has thanked: 1330 times
- Been thanked: 4878 times
Re: Mint Error
And the people here will be giving it a lot more personal attention than any company has the time to from sheer number of coins they handle per day.
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
-
- Similar Topics
- Replies
- Views
- Last post
-
- 8 Replies
- 918 Views
-
Last post by markustg
-
- 9 Replies
- 1322 Views
-
Last post by Paul
-
- 11 Replies
- 2064 Views
-
Last post by Daniel
-
- 2 Replies
- 1026 Views
-
Last post by Earle42
-
- 4 Replies
- 1254 Views
-
Last post by Earle42
-
- 15 Replies
- 2316 Views
-
Last post by Cndgmn
-
- 3 Replies
- 723 Views
-
Last post by Earle42
-
- 6 Replies
- 602 Views
-
Last post by AugustusGloup27
-
- 9 Replies
- 690 Views
-
Last post by Daniel
-
- 3 Replies
- 183 Views
-
Last post by silviosi