Somebody offered me the above coin w/full date in au condition. They said to give them half FMV for it. Sorry, I have no pics but it is problem free. What would be the going rate for one? eBay shows $37.99-$199 BIN, but reg auctions were all over the place. What is a fair price to offer? I buy quite a bit of bullion from them, thus the 50% of market value ask.
Swag I don't necessarily agree with the prices in my area but I can tell you what they are. A BU that is 50% might list for $60-$70 and I might be tempted to buy it at $30. An UNC might list for $35-$40 and I might be tempted to pay $20. In AU, the price might be $20-$25 and I might be tempted to buy at $10.
Here are a few pics. Do they get the reeded edge after striking? Why am I thinking before? Ok, nevermind. I was thinking of upsetting the edge, the reeds come in the collar during strike, no?
Thanks, it is the most dramatic error I currently own. Wish I still had my first error. It was stolen along with thousands of 2004 dollars worth of bullion, thousands of face dollars worth of silver certs, 50+ yo twos & a few well worn notes including education notes, & a black eagle that were passed down to me. Never get any of them back, but always remember them & the treasure of receiving them.
Very nice coin. The minting process is explained in a few good books. You can probably find a copy of The Error Coin Encyclopedia by Margolis on the cheap. There are three dies that strike a modern US coin. They are the hammer die, anvil die, and collar die. Your coin is off center because it was not in the collar die when the hammer & anvil struck it. The collar would normally restrain the planchet's position & keep it centered during the strike. In the case of your coin, the collar was pushed out of the way (it is on springs) and your planchet was struck in an off center position. If your planchet was struck on center so that no obverse or reverse design was missing, then it would be called a broadstrike.
Thanks for the info collect89. I have a broadstruck cent somewhere, the diameter is slightly larger than a normal cent & the devices are mushy. Do you think $20 was a fair offer for the dime? He just told me whatever I wa comfortable with. He is the only bullion guy in town, & all the banks give him bags of their "oddball" coins to sort & dispose of. He hands out modern foriegn issues to the kids & returns the silver to the banks. He has a few blank planchets, & some other "wierd" coins he wnts me to go through, so I believe I'll end up with quite a few more interesting coins from him as he recieves them. Thanks to all who responded. Post script; Tyler, the feller what stole my coins is doing ten years for multiple burglaries. Very few of my items were recovered.
$20 was fair for you & the seller. Buy more. This previous CT thread depicts a 1989 dime similar to yours. Like I said, buy more.... http://www.cointalk.com/t43738/
