2004 Nickle error

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Earle42
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Re: 2004 Nickle error

#1 Unread post by Earle42 »

First some definition help:
This is called a "die chip."

A die chip is called a cud if it is on the rim of the coin.

A die break is a crack in the die that, when striking to make a coin, will leave a raised area corresponding to the shape of the crack in the die.
Do you think these are of any value or just to insignificant to worry about?
Spenders. They would need to be significantly larger to bring a premium. Look on ebay SOLD auctions for die chips to get a feel for what people might pay a premium for.
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
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Re: 2004 Nickle error

#2 Unread post by Paul »

Welcome

This is why I recommend against using High-power Magnification when searching coins
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Re: 2004 Nickle error

#3 Unread post by Daniel »

Die chips and cracks are not worth going crazy over, they're die stages and worth very little to nothing.

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Re: 2004 Nickle error

#4 Unread post by Earle42 »

Below is something I have posted before. This is something it would have nice if I had had someone tell me early on in the hobby.

I am posting it here b/c you said:
Any help would be deeply appreciated, going crazy lol
"Don’t learn the coin hobby backwards. :)

Looking for random anomalies on coins and hoping they match up to something collectable will take you a lot more time, wasted effort, and disappointment repeatedly finding out you have nothing but post mint damage.

Spend some initial time at places like error-ref.com, doubleddie.com, varietyvista.com etc. to find what actual and collectable coin errors look like.

A good way to start is, for instance, separate a bunch of pennies by date. Go to varietyvista.com and, date by date, use the reference there to see what errors are known for that specific coin/mint mark. Look for those specific errors/varieties using the pictures provided. After doing this for awhile you will KNOW what an actual error looks like and not have to waste time on face value and damaged coins."
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8

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Re: 2004 Nickle error

#5 Unread post by Earle42 »

Sarcasm? If you are mentioning my last post - it is serious and meant to be helpful.

People who do not understand that bit of info spend a long time finding nothing, posting it expecting to get good news, and get frustrated being told over and over they are not finding anything valuable.

If your term "sarcasm" Is referring to Paul's recommendation of not using high power magnification, he also is being helpful and serious....not sarcastic.

Nowadays there are an unbelievable amount of "errors" found and posted on this forum (and others) that that are not collectables at all. The reason is that so many people are looking way too closely at coins to find anything they can using USB microscopes.

These people are finding "error" coins that are just typical non-collectable, common and tiny imperfections from the mint that the vast majority of the coin hobby has no interest in collecting. This is the case with small die chips like the ones you posted.

Most collectable errors - especially any that would bring a premium, are visible with 5X-10X magnification.
The fact that they do not take much magnification is likely why those specific coins ARE collectable.
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Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8

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Re: 2004 Nickle error

#6 Unread post by DSCoins »

Paul wrote: Mon Jun 14, 2021 9:44 am Welcome

This is why I recommend against using High-power Magnification when searching coins
Why does Paul constantly say this?
The reason being so many new and also old coin roll searchers are using a microscope to search their coins not understanding what the types of doubling are.

What happens when you use the Microscope?
It shows junk. That what you see the most of, if not all of it is a lie do to the high magnification.

What can I do to help with this problem?
You can study on the following sites to learn the different types of Doubling and what can and can not happen to a coin in the Mint. The sites are Error-ref, Wexler's Coins and Die Varieties those are just two sites. I'm sure others will have sites they may recommend.

How should I search than?
You should start off by searching for known varieties. You can find these Varieties on PCGS price guide.

How do I use the PCGS price guide?
It's really easy. First select the denomination of what you are searching. Because most people find it easier to search pennies due to the cost, You would select either Lincoln cent (Wheat Reverse) or Lincoln Cent (modern). These are listed under Half-cent and Cents. Once you are there you can look for the date in question. If it has a + sign before the date you can select the + and it will show you the variety or Varieties for that date. Next if you click on the coin number it will bring up a photo of that coin to view.

What should I use to search the coins?
It would be best if you started out using a 10X loop. The TPG use 10X on the coins for grading and varieties. What it means if you are using a microscope to search with and you think you may actually have some thing, they will not see it. A long with that the Authors of the Cherry Pickers Guide only use a 7X loop. They have stated that if it can't be seen with a 7X loop they will not publish it. So all and all a microscope it useless.

When can I use my microscope?
After you can spot what is really a Doubled Die along with knowing what is or isn't a error. Personally I would wait for over a year of constant research and studying of the above, then maybe just maybe you could use it. About the only thing I use my Microscope for is close up images. I've been doing the research and studying now for about 8-10 years and I still will not use my microscope to search. I used it for a while to search and found that (as one person kept saying) I was trying to hard. Since I have stopped using it, I find that I have cut down my mistaken find to about 98%
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Re: 2004 Nickle error

#7 Unread post by Daniel »

Nothing anyone said here was sarcasm, we're giving you the best advise you can get, based on decades of experience.

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