Are these Die Cracks?

Discussion in 'Error Coins' started by EatYourWheatPennies, May 4, 2018.

  1. Jersey magic man

    Jersey magic man Supporter! Supporter

    I agree that this coin has no value over face, but they are fun to collect. I am trying to put together a nickel short set (1960 to date) with die cracks. Let’ s face it, you can go into almost any coin shop and get a nice MS nickel. But try getting one with a die crack! No great value other than a no cost way to enjoy my leisure time.
     
    EatYourWheatPennies and beef1020 like this.
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  3. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Since die cracks are used as die markers for particular varieties in later die state coins.
    A die crack is something good to familiarize yourself with. And in all honesty, it is not the die crack that makes the coin valuable it is the variety. The die crack just helps you identify the coin as a variety.
     
  4. Spark1951

    Spark1951 Accomplishment, not Activity

    Large date. As to the die cracks, those are errors. And, single die cracks are not commonly found, but often enough to interest error collectors. A coin with 2 die cracks is much more uncommon and causes serious interest in error circles.

    Your coin has 3 die cracks and borders on exceedingly uncommon. Technically, you could argue that each column on the reverse is a separate die crack, that would make 6!

    I don't know what it would be worth. Others on the forum need to chime in for an idea about that.

    Spark
     
  5. EatYourWheatPennies

    EatYourWheatPennies Active Member

    I knew it was a good coin
     
  6. EatYourWheatPennies

    EatYourWheatPennies Active Member

    Does anybody know what it would approximately be worth?
     
  7. beef1020

    beef1020 Junior Member

    It's an awesome coin and a great find. In terms of value, that's a function of supply and demand, and while the supply of your specific coin is very very low, the demand is even lower. If you got $1 for the coin you would be doing good, see comps:

    https://www.ebay.com/itm/1993-1C-RB...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

    I don't know what you are expecting, feel free to list it on ebay for whatever you like.
     
  8. Spark1951

    Spark1951 Accomplishment, not Activity

    I still don't know what it's worth, but after a little research, I am willing to speculate.

    Thanks to Beefer1020 we get an idea that a single die crack coin may sell for 99 cents on ebay. I presume you have looked at other listings there as well. But my other efforts drew a blank, and I offer these insights: we see ddo and ddr listings on TPG databases, but no listings for die cracks, or for polished die lines or for strike errors. This, in itself, is telling us they don't think it important.

    So, it is a specialized niche of coin collecting, one that many numismatists, and many of our forum members for that matter, do not ascribe. I would have thought more forum members would have offered at least ball park values for your request but apparently they agree with the TPGs.

    By logic alone, and I don't say it is the best, if a single crack is listed for sale at .99, then you could fairly offer your coin for $2.97, don't you think? Is it worth it to do it that way?

    Beefer1020 also was right about supply and demand. You would have to entice the right person who has the demand to purchase your supply.

    As an error, I have seen other denominations sell for much more...Spark
     
  9. EatYourWheatPennies

    EatYourWheatPennies Active Member

    Thanks! That was what I was kind of thinking about $3.00
     
  10. Fred Weinberg

    Fred Weinberg Well-Known Member

    Don't forget that if you can find 'em in
    circulation, so can others, thereby limiting
    it's premium.

    And, for clarification, die cracks are considered
    errors.
     
  11. EatYourWheatPennies

    EatYourWheatPennies Active Member

    I know that, but there are a lot of them on it.
     
  12. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    @Fred Weinberg I stand corrected, because they weren't intended to be a part of the design. I try to see Die Cracks the same way, but, with so many of them out there, and to find them on every series of coins, I tend to look at them as die markers. For me they aren't valuable until they become an actual die marker, for a Variety.
    I guess there are others here that feel they should have a premium, I say if they can make a buck? Is a Dollar really worth the effort.
     
  13. EatYourWheatPennies

    EatYourWheatPennies Active Member

    It's 100X more than 1 cent
     
  14. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Yes, but Hardly worth the effort to sell it, make sure they pay the shipping and handling.
     
  15. EatYourWheatPennies

    EatYourWheatPennies Active Member

  16. Raven Horse

    Raven Horse Member

    So I'm taking it that a die crack is an "intentional" error. How may I ask ?
     
  17. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    A die crack is the result of a stressed die. Not intended, but the die was still used, because of necessity.
     
  18. EatYourWheatPennies

    EatYourWheatPennies Active Member

    that's why I think it is an error
     
    Raven Horse likes this.
  19. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Fred is the authority on these, I admit they are an error, see post #31.
     
  20. Raven Horse

    Raven Horse Member

    wow, with so many rules not to mention restrictions it's no wonder this is so hard to grasp .... looking for shade, nap time.
     
  21. Raven Horse

    Raven Horse Member

    That's why I refer to it as "mint error", because they knew from previous coins that it was stressed. I maybe wrong but isn't that the time to change it. **Like using a pipe wrench with no teeth on the jaw, it just leaves marks on it.
     
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