1940-P missing & rotated date numbers

Discussion in 'Error Coins' started by kangayou, Apr 16, 2010.

  1. Mad.Outcast

    Mad.Outcast New Member

    A coin is only worth what some one is willing to pay for it. I know the diff between what is what,but there is a part of me that wants to ignore certain things.and enjoy it like a child would.

    Im not saying people should be un-informed.I personally choose to ignore certain things,as I have seen "professionals" be wrong. So whatever I collect,it is what it is to me.

    Im not trying to argue with anybody at all.Im just saying saying that "there is no value" on something could be harsher than the reality of the situation.

    when being a kid was fun,as you gain knowledge,the fun runs away.'''
     
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  3. Prospector

    Prospector Member

    Remember this, it is just their opinion. If I had listened to opinions on here when I started out, I wouldn't have some valuable " Cents". And wish I had some of the ones I tossed back in the pond. Posting pictures on here is not a certain and you have to be careful who you listen to.
     
  4. se-collectibles

    se-collectibles Collector Extraordinaire

    I don't understand your hostility. I'm not trying to do anything but help somebody learn something. And I never claimed to know everything about anything.

    All you appear to be doing is saying everything I post is wrong.
     
  5. 10gary22

    10gary22 Junior Member

    There is one thing that I have noticed though. Error coins are being listed as they come up all the time. Coppercoins.com even asks to post a pic of anything not shown on the site for possible inclusion.

    In the case of the thread 1944 slant 1 (which should have been 1941 slant 1) I would really like so see someone replicate the so called damage caused by wrapping machines, since the pics coins I have seen are identical.

    But you really gotta laugh when to make a profit dealers create new strategies for selling coins such as the VAM Morgan $'s. When there isn't any work, sometimes you have to make some.
     
  6. jallengomez

    jallengomez Cessna 152 Jockey

    http://www.cointalk.com/t103236/
     
  7. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    The problem I have with calling a coin with PMD an error is that we have beginners joining or viewing this forum and others like it every day. Is it right to mislead them into thinking it is an error so they can go onto eBay and get ripped off by one of the lowlifes that prey on them?

    Any of you thinking it is cool as a conversation piece is fine with me, but let's call a spade a spade and help educate the beginners.

    Yest, it's a neat coin, but it is still PMD!

    Chris
     
  8. ziggy9

    ziggy9 *NEC SPERNO NEC TIMEO*

    In reference to Prospector's post


    "When you put a price tag on something it sort of loses it's value."
    "I do this because I enjoy the hunt and the find and couldn't really care less about what it's value is. If I think it's unusual and rare-scarce or in great condition, no matter what variety or error it is, it gets kept."

    This is fine, collect what you like, but when it is actually neither a vareiety nor an error it should not be labeled as such

    "I love having them to look at when I want and I love finding new varieties by learning reading this forum and then going back and researching the 1500 plus " Cents" I have collected just to discover I have one. It's like an endless cycle for the real explorer who can't go to Egypt or Crete and find a 3,000 year old temple of spritual guidance."
    "If I went out and bought every book about every Mint Error or Post Mint Error I wouldn't be posting much anymore on here and I am quite sure those said books , by the time I bought them, wouldn't have any of the New Discoverys in them"

    And this year's Red book doesn't have next year's coins listed in it, that doesn't make the information in it any less valuable.

    "Instead of quickly telling someone there post is " Junk" or " post-Mint" damage why not consider just because it's worthless to you as a coin dealer as opposed to a true collector it may be worth keeping to someone else? And possibly, just possibly, it may be worth holding onto? Or, might even be a One of a Kind, Or, maybe tell someone " Yeah, that's a nice " Post-Mint" damage coin and might not be worth anything to me but it might be to someone who actually appreciates it's appeal?"

    I have always made a point of not just stating "post mint junk" but rather state why it is post mint and not an error. I am NOT a dealer . I am a collector and as such I feel taht people that are truely interested in collecting should educated themselves about what they are collecting. One of a kind post mint damage is still post mint damage.

    "Too many people have dollar signs in their eyes and it does get in the way of respectable behavior and clouds even the most generous person's judgement. "

    I'm sorry you think that because I am trying to educate people about my hobby I am behaving in an other than respectable manner. Nothing is clouding my judgement

    "Yea, some of us are just begining and don't have the resources you experts have but isn't that why this forum exist? One can only assume sometimes based on the attitudes on here that some of you coin dealers like to mitigate a coin either to try to buy it at a very low price from someone just to turn around and sell it for a ridiculous profit or tell someone their coin would never grade high just to keep them from having it graded and registered to keep it's population down thus preserving the value of your own similiar coin. Is that impossible to fathom? I think not."

    Yes this forum exists so that those of us who have some knowledge about the hobby can share it with others.This is what I am trying to do and you respond by insinuating that I am trying to rip you off? I have NEVER made an offer to buy a coin from anyone on this gforum, much less than any that I have offered an opinion on.

    "I've seen people post coins on here just because they thought they were interesting looking ,just to be admonished by someone because to them it was worthless or, the so-called expert expressed an opinion about the posted coin when one wasn't asked for."

    You say admonished, others would say educated. some people actually appreciate it when they are informed about what they do or don't have.

    I find it very offensive that you would insinuate that I or anyone else on this forum is here to seperate you from your precious "errors". There were some top people in their respective fields that used to post on this forum that will no longer post here because of that kind of attitude. I have noticed some threads recently where incorrect information and speculation ahs gone on for a page or more because someone who knew what they were talking about is no longer here can't be bothered posting because they feel they will be mostly ignored.


    I'll get off MY soapbox now.

    Richard
     
  9. 10gary22

    10gary22 Junior Member

    Yes, we have really been brainwashed when we collect coins. We are made to believe that coins issued by a government that were never intended to go into circulation are more valuable than those that were. An un-circulated coin is really a specimen. Just like the ones made in China. Sure, you COULD spend a proof, but who would ? I know the ones made in China say specimen, so they cannot be used as legal tender. BUT people do collect those too ! Go figure ?

    I get all my fun from the hunt. Owning very valuable coins is problematic. They cannot be openly displayed without creating a security risk. They need to be protected, insured, etc. which just creates a burden I am not up for. I am really thrilled when I find a clipped or off center coin though, even if it is "worthless". LOL
     
  10. Mad.Outcast

    Mad.Outcast New Member

  11. 10gary22

    10gary22 Junior Member

    Absolutely correct. But as I said, a lot of conversation about it for sure. Not the typical 1941 at all. LOL

    Sorry, I do this for the enjoyment. If I sell something, then I can buy something.

    One of the slant 1 coins I saw (a 1941, identical to my pic) was listed by a dealer as an "Overdated" item. One thing I did notice, is that all of the slant 1 cents seem to be P ? Too bad I don't own a 50 year old shotgun wrapping machine to play with the process. LOL

    But the added knowledge is beneficial for sure. Thanks for sharing your insight and experience with me.
     
  12. se-collectibles

    se-collectibles Collector Extraordinaire

    Roll searchers find proofs sometimes. I read in one of the trades years ago that someone got one in change from a vending machine.

    They aren't worthless.

    If you find a coin that looks off-center on one side but the other side looks normal, it was struck with misaligned dies or MAD.
     
  13. jallengomez

    jallengomez Cessna 152 Jockey

    We aren't disparaging anyone here from collecting whatever they wish. What we are disparaging is incorrect terminology. It leads to confusion and it leads to people buying "errors" that aren't errors. One person here stated that a dealer had one of these 1941 coins listed as an overdate. Overdate Cents ended with the Indian Head series. The dates for all of the Lincoln cents were engraved into the master dies as someone pointed out. On a similar note, just the other day someone posted a "hammer/squeeze job" that someone had sold them for $30 as mint "error." These may look unique and be one of a kind, but I can produce them about as fast as the mint can produce coins and so can you. How long is that bliss going to last when you find out that ignorance cost you money for something you could have produced yourself in all of thirty seconds or so? What is and what is not a mint error or variety is not something that is established at whim by an elite few. They are established by the reality of the minting process.

    It does you no good to come on here with an accusative diatribe against those who are trying to share their knowledge with you.

    BTW, I've found many "slant-one cents" from the branch mints. They are not limited to Philadelphia, nor is this type of damage limited to the number 1 in the date.
     
  14. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    In a one year period of searching Kennedy rolls from my bank, I found 3 - 1974S PF, 1983S PF, 2 - 1985S PF, 1987S PF, 1990S PF & 1996S PF.

    Chris
     
  15. jallengomez

    jallengomez Cessna 152 Jockey

    I got a '69-S Kennedy Half in change a couple of months ago.
     
  16. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I enjoy searching for and finding errors, too. Sometimes I find coins that are unusual and make good conversation pieces, but there is a difference.

    Chris
     
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