Missing edge lettering worth

It's just missing the edge lettering. It's not an ounce of gold.

 

Log in or Sign up to hide this ad.

The OP should look up Supply and Demand.

 

I very seldom read comments like above, but, thank you for giving me Great Collections. I had not stretched out to find a lot of websites concerning coins. Coin Talk is the best site I have found that answers questions. Sometimes you have to be tough to get inside there hide so that they will stretch their knowledge. Great job, guys and gals and again, Thank you.

 

My apologies to all of you. My intent was based on the excitement of finding something that I have not seen before in that year. My goal was to find an approximate value, and to find out how few or many that were out there. i have looked at results and can find hundreds of 09's but no 11's. i was hoping the experience of those here could help.

 

Many of us serious collectors are intrigued by the history we hold in our coins. And we do tend to get pretty intent with the details. However in recent years this whole thing with finding errors that some websites will make the average person think they have just hit the lottery has made some of us punch drunk. We see them most every day and more often than not the poster is convinced they are in possession of a windfall..... Coin error collecting can be fun. All coin collecting is rewarding. Enjoy the hobby, OP. I am headed to my couch.

 

I bought 4 Washington Dollars, slabbed by ANACS as ms-66 for $35 each - letter less all 4.

 

They make the proofs in a single squeeze with a 3 segmented collar. The problem is its slow, the collar breaks a lot ect.
They opted for the 2 step process, strike and then edge lettering for the circulation strikes to mass produce them with less stoppages.

They get a about 19k coins out of the 3 segment collar on the single strike method before the collar breaks, but by doing the strike first then running them through the edge lettering machine there's much less stoppages to reset. The two step process is "messier" though, more contact marks ect., it produces an inferior product.

 

I viewed this coin on ebay and my first thought was Bull.... The or best offer in my mind was, not interested!

 

And the individual selling it should know better since he/she has been on e-Bay for awhile. But then again, a sucker is born every minute!

 

The other point is trying to protect newcomers from unscrupulous sellers who will unduly hype something that is fairly common or just not that noteworthy.

I saw someone trying to sell a circulated Lincoln cent on Ebay with edge scratches as a "unique error". The ask was only $25 + shipping.

I think that gets under everyone's skin more than simple misunderstandings about what compromises a truly rare error coin.

Go look up this one . . .

Z