In God We Rust

Found this last night searching quarters. I didn't think this was good enough to count since there's a trace of the T but that's what the kids are buying on eBay. I was pretty excited after I saw what they were selling for!

Let me ask the error veterans a question. Do y'all think this fad will burn out soon and the demand will fall off? Should I sell this now while there is a demand or do you think demand will maintain.

 

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Ask yourself this: is it fad or simple foolishness? I don't know what the "kids" or anyone else is paying for such things on ebay, but I hope it's not much.

 

Not the first one we've seen here on CT. If you can get what you say they're selling for on eBay, go for it. It's not a mint error. It's a grease filled die and in reality, worth maybe a dollar.

As for demand, if I knew that answer I'd react accordingly and not share my findings so I could maximize my profits. There's a sucker born every minute and most of them buy from eBay.

 

I don't know what they go for, but id sell it if the price was high as they don't appear to be extremely rare

 

Fad? What fad? This hobby is inundated with dummies! If the fools would get off their lazy tushes, they could find them on their own.

Chris

 

The fact that it's from a grease filled die is why I don't mind selling it. It's neat, but that's all. I couldn't believe it when I saw that they were selling from $20 to $75. The one that sold for $75 was the same shape as mine. I don't get it. If it were from over polishing the die then I'd probably keep it.

 

Time to get the ole dremel out i rekon.

 

$75?! SELL IT

 

Someone buying this type of thing for the novelty factor, paying perhaps a few dollars shipped, is one thing, but those prices are entirely ridiculous. In fact I believe it a black eye on this hobby; short of selling to another fool, which makes for an unfortunate and vicious cycle, these people are forever buried in what is essentially junk. More often than not such purchases seem to be made under the false belief that the coin is something rare or special, and is really no different from when people unwittingly buy problem or misrepresented dreck. No one likes to later discover that they've been had, even if by themselves, and who wants to collect in an area where, because of all the nonsense, it can be tough to simply enjoy one's self without having to worry that every other schmuck is out to get you.

I can certainly understand the draw to pocket easy money, but if one cares about this hobby, they need to ask themselves if it's worth taking advantage of another collector, or a budding collector, in order to do so.

 

Careful now! People might start calling you Chris.

Chris

 

Given that average numismatists don't consider greasers a value-added thing, I'd suggest selling it as soon as you can.

 

People love to buy novelty junk. That egg scrambler that scrambles the egg inside the shell. Use it once, put it away and then it goes in the trash in a few years. Salad spinner, flobee vacuum haircut thingamajig, Ronco glass froster, etc.

You can buy my worthless coin but you won't pay $400. You won't pay $300 dollars or $200 dollars. You won't pay $150 dollars or even $100 dollars. You can have my worthless coin for three easy payments of only $33.00, AND if you promise to tell a friend, I'll send you a second worthless coin at absolutely no extra charge. But wait, theres more! If you order within the next 45 minutes, you'll also receive a THIRD worthless coin, and you only have to pay $9.99 for the shipping! Act now.

 

I know people buy junk novelties, and thought I suggested as much. There's a difference though between one knowingly buying an item as a novelty, and one priced accordingly, and buying it because they incorrectly believe, or were led to believe, it's actually something special. Ignorance is ignorance, and misrepresentation is misrepresentation, be it someone buying/selling counterfeits, or such so-called "errors" at ridiculous permanently buried prices. We cannot rightfully rally the troops over one while a blind eye is turned towards the other; both are detrimental to this hobby and those who wish to participate.

 

I suspect some people spend oodles of money collecting junk -- the same amount that would give them an excellent start on a real collection. That's a sad thought.

 

Thats a FMC coin. Ford Motor Company. Was made in a steel mill downriver from Detroit back in the day. I know.. bad humor... as everyone has stated.. its just a worn out piece of silver.

 

The "Atheist Quarter"

 

The fact that you want to sell it only reinforces the idea, "We are not here to educate, we are here to take advantage of the uneducated."

Chris

 

Take advantage? I wouldn't call it taking advantage. It's supply and demand. Why would you not sell someone something they want. Most coin shops sell gold plated coins. Not because they want to take advantage of someone's ignorance but because there is a demand for that. I bought one once because it interested me. I gave it to my brother in law, as a birthday gift, that is also into coin collecting and he loved it.

 

Well, I have a 1992 cent with the "doubled eye lid." I've seen thousands of 92 cents and thats the only one I've found so far. That means that they are sort of rare. I thought about selling it on ebay, but I would list it as -"doubled" eye lid, but thought to be just a die gouge.- I would not misrepresent it, but if someone decided they liked it and they wanted it and wanted to pay me $50 for it, I would not turn it down. If you aren't misrepresenting what you have, it is worth whatever someone is willing to pay, in my opinion.

 

Of course you wouldn't call it "taking advantage". You don't want to educate anyone. You just want their money. If you listed it as "These grease-filled dies are as common as dirt." how much do you think you would get for it?

So, your only reason for being here is not to learn or teach, it is to use other people for your personal benefit.

Chris