how to market a discovery piece?

Discussion in 'Coin Chat' started by ERRER, Sep 14, 2010.

  1. ERRER

    ERRER New Member

    Hello everyone, I found a doubled die reverse 1955 proof nickel. It has been
    attributed by NCADD as a new listing. How can I sell it and get the best price. Thx...
     
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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Welcome to the neighborhood!

    Please excuse my stupidity because I don't collect nickels, but what is NCADD?

    Chris
     
  4. ikandiggit

    ikandiggit Currency Error Collector

  5. ERRER

    ERRER New Member

    NCADD is 'National Collectors Association of Die Doubling'
    It's not just nickels at NCADD, but all US coins, Chris...
     
  6. DionHurst

    DionHurst Member

    Errer you have any pics?
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    That probably won't be enough. I'd now send the coin to CONECA, have them attribute it and agree it is a new variety. Then I would get either NGC or PCGS to slab it including that attribution. They will also label the slab as being the discovery coin if it truly is.

    Then and only then will you get the best possible price.
     
  8. Bone Head

    Bone Head Senior Member

  9. ERRER

    ERRER New Member

    Thank you... ERRER
     
  10. ERRER

    ERRER New Member

    Frankly, I'm afraid to post photos. If it is a 'discovery' piece, that distinction
    may be lost if someone else finds a similar coin, maybe already in their collection,
    and if they go thru the process outlined by GDJMSP. Now I feel pressured to send
    it to CONECA, hope they agree with NCADD, submit to PCGS or NGC etc. etc..
    Suddenly my peacefull hobby has turned into a 'race' to the TPG. And if I don't
    post photos, I feel like I'm involved in a power play. Paranoid me already sees
    hundreds of Jefferson nickel collectors carefully checking their coins for the chance
    to steal my thunder by simply winning the "RACE" to the certifiers, armed with information
    supplied by me. What would you do? Thx.
    Reply to DionHurst concerning photos..
     
  11. 10gary22

    10gary22 Junior Member

    This is absolutely correct !
    I recently learned that PCGS may not recognize your variety. The easiest way is to send it to CONECA or WEXLER and have it authenticated. Then, they can forward the coin to a grader who recognizes it and will assign whatever they place on it, grade it and place all the info on the label.

    gary



    gary
     
  12. DionHurst

    DionHurst Member

    Understand your point so follow the advice given to you and post when you can. I just wanted to see the coin.
     
  13. desertgem

    desertgem Senior Errer Collecktor Supporter

    PCGS and NGC have a set list of varieties they will attribute ( confirm). Generally only the major varieties are listed. Even several in the CPG are not accepted. So the chance of them doing it is close to zero.

    ANACS says "
    I am not sure if Wexler, Crawford , or Neff falls in "more.

    If NACDD gave it a listing number, then I would email the services and ask if they will attribute it on their label. SEGS seem to be more accommodating in what they will label.

    If you follow such things as DD, you know that there are many listed on Coneca and other places as unique, but they have low value due to the rather insignificance of the doubling. I read about you not wanting to post photos, but unless it is a strong and undeniable doubling, it will be difficult to value. Best of Luck.

    Jim
     
  14. Conder101

    Conder101 Numismatist

    I would post the Photo. If the variety is confirmed it gives you a dated, published documentation that yours was the discovery piece. I know what you mean about your thunder being stolen though. I was the discoverer of the 1873-S V-2 half dime. But when Al Blythe wrote up his book on the seated half dimes he gave the credit to Bill Fivas. Bill had posted pictures of the coin but had not recognized it as a new variety. I followed with articles identifying it as new and my description was confirmed. (and Bill agreed it was new had he hadn't noticed) But because of that error in the book I still keep seeing it described as Bill's discovery.
     
  15. Bone Head

    Bone Head Senior Member

    How do I market a discovery piece?

    Here are photos of the 'NEW' doubled die 1955 Proof nickel. NCADD listed it as.... SS859120.jpg SS859121.JPG SS859122.jpg SS859123.JPG SS859119.jpg WDDR-011.
     
  16. ML94539

    ML94539 Senior Member

    awesome photos, don't think there will be much of market for it though.
     
  17. Bone Head

    Bone Head Senior Member

    Discovery piece?

    SS859255.JPG SS859249.jpg SS859252.jpg
     
  18. hrhomer

    hrhomer Member

    Nice pictures, but to my untrained eye, that's some awfully minor doubling. I don't know if it would be worth going through all that trouble...

    Joe
     
  19. jallengomez

    jallengomez Cessna 152 Jockey

    Bone,

    As Joe pointed out, having it slabbed a discovery piece would be more for your own edification than it would be for added value to the coin. While this is a great find that I would certainly be proud of, it is not drastic enough to command a huge premium discovery piece or not.

    Jody
     
  20. Bone Head

    Bone Head Senior Member

  21. Bone Head

    Bone Head Senior Member

    Thanks Joe
     
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