circulating error coins & Scouts

Discussion in 'US Coins Forum' started by Cringely, Jul 16, 2011.

  1. Cringely

    Cringely Active Member

    I just got my Boy Scout Coin Collecting Merit Badge certification and plan on going to Scout meetings to talk about the Coin Collecting Merit Badge and coin collecting in general. Hopefully, this will get some kids interested in collecting.

    When I was a kid (1950's), you could find neat and valuable coins in circulation. Buffalo nickels were abundant. Occasionally, I would come across an Indian Head cent and found a few 1909 VDB's (but never a SVDB:().

    I don't collect modern errors, but I would like to ask CTers what errors kids should be looking for in their change (for example, the extra leaf Wisconsin quarters) and have even a remote possibility of finding. I'd also (since the San Diego Coinarama is next weekend) like suggestions as to a few obvious modern errors that I could buy and show the Scouts what they could find in circulation today (1995 double die cent?).

    Any suggestions would be appreciated.
     
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  3. silvrluvr

    silvrluvr Senior Member

    I have a book titled 'Strike It Rich With Pocket Change' by Brian Allen and Ken Potter, 2009. It has good pics and shows lots of different errors and varietys to look for. I think I got it at Barnes and Noble.
     
  4. 19Lyds

    19Lyds Member of the United States of Confusion

    Clips, rotated dies, and weak strikes or strike throughs.

    All it usually takes is for the scouts to take the time to "look" and find something that has actual value. They might be as surprised as I was when the coin in this thread found its way to my possession:

    http://www.cointalk.com/t185994/

    That coin has a "minimum" value of $5,000 and if a Scout found something similar, he and his buddies would be interested for "life".
     
  5. HowardStern

    HowardStern Member

    The most common right now are shifted edge lettering errors on presidential dollar coins. If you buy 4 rolls...you should definitely find at least 1.
     
  6. 19Lyds

    19Lyds Member of the United States of Confusion

    Of the hundreds of rolls that have passed through my fingers, the ratio was far tighter as I've only encountered 1, maybe 2.

    Thats not to say that others have not had much better luck, its just that my luck is no where near 1 out of 100. (4 rolls)
     
  7. HowardStern

    HowardStern Member

    wanna buy 50 2011 Grant dollar shifted edge errors? lol
     
  8. proofartoncircs

    proofartoncircs Junior Member

    1969 D thru 1972 D quarters with reverses that match the proof coins of those years are a good item to find.
     
  9. Numismania

    Numismania You hockey puck!!

    That's an unbelievably great find, 19Lyds!!!!! If a Scout found that one, should be an automatic Coin Collecting badge.

    Just a question though...you say 'minimum' $5,000....realistically, where do you see it going, if you don't mind my asking? That appeals to both, error collectors AND Ike collectors, so, the interest level is not exactly limited to one group of collectors.
     
  10. Numismania

    Numismania You hockey puck!!

    Sure....how's $49??? You'll cover the shipping, right, Howard?? ;) I'll cover the Paypal fees.....lol
     
  11. Numismania

    Numismania You hockey puck!!

    Those clad Type B's are better than just 'a good item to find'. They need to get into the CPG, then there has to have a 'following'. There are so few, though, and most are circulated (I have only seen 1 or 2 in MS). IF those were recognized, then truly sought out, the miniscule amount found, well, there would be an extremely nice premium attached...moreso than any of the '56-'64 Type B's (well, except for the rarest, the '56, '61, '62, or any top pops, as well as the '64-D Type C). They will have their day.
     
  12. HowardStern

    HowardStern Member

    Hey, one of my $20 star notes sold last week for 19.99 free shipping! It wouldnt be the first nor the last. Ebay likes to screw with my visibility because Im not a Top Rated Seller. Too many rival sellers left me unjust badfeedbacks in an attempt to disrupt my sales. Ive caught 2 myself and ebay suspended them. Problem is ebay does 0.0 detective work themselves and does zilch when it comes to protecting buyers!
     
  13. Numismania

    Numismania You hockey puck!!

    Getting back to the Type B's, this thread has to make the Type B follower cringe.....http://www.cointalk.com/t186728/ Look at the 6th post, from the OP of that thread....SIXTY EIGHT Type B coins just vanish from the P.O.'s posession. Talk about being P.O.'ed....SIXTY EIGHT! Granted, as a collector/follower, and a believer that these WILL become popular, and really pop (I hope so, anyway...I have a strong position in both PCGS and NGC graded examples....attributed as well as unattributed...top pops in most every year, except the '64-D Type C and the '61. There is rumored to be a 1964 Washie graded MS67 in a PCGS holder, unattributed. In MS67, the '64 is a $5-6,000 coin, but a Type B in 67? Whoa doggie!!!
     
  14. Numismania

    Numismania You hockey puck!!

    It IS ALL about the buyer with both ebay AND Paypal. The SELLER has to do EVERYTHING...soon, they'll require hand delivery. Sellers are at the mercy of any ebayer that knows 'how to play the game' (worst thing a seller can do is ship without delivery confirm, or signature confirm, depending on the amount).

    You are 110% correct, Howard, in regard to 'detective work', or their lack of it. If they don't get tipped off by an ebay member, they do nothing. I report everything I see that goes against the very simple to follow rules. Some think it's 'policing', but I look at it as, if it doesn't help me (a coin I wouldn't consider buying it for myself), hopefully it would help someone else, especially someone new to the hobby. There's another thread where the OP discusses an SGS graded coin....sellers know how to get around the rules, go through those looopholes ebay leaves open....but those are the type of sellers that could make a turd look like a gold nugget to the underinformed. Best thing ebay did was implement 'ebay authorized' grading co's, and not allowing the grade on the slab to be mentioned if it isn't one of their approved companies (who are PCGS, NGC, ANACS and ICG).

    One question, though...you got negative feedback from a seller? Sellers aren't able to leave negative feedback...haven't had the option for maybe a couple years now, give or take, if I'm not mistaken. Was it WHAT they said in their positive feedback left for you?
     
  15. proofartoncircs

    proofartoncircs Junior Member

    I am a great believer in the type B quarter and especially the clad examples derived from them. I have hopes the clads will make the next CPG.

    However the clad type C has centerlines added in relief to the tail feathers. The proofs derived from the type B have the same centerlines. I presume this was done to make them look more like the other clads. I have the feeling at this point that the experts will insist this is a separate type and hence no longer a "B". I would have preferred B1 and B2.
     
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