Another ebay one in a billion cent

Discussion in 'US Coins Forum' started by andy21us, Oct 9, 2006.

  1. andy21us

    andy21us Coin Hoarder

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  3. crispy1995

    crispy1995 Spending Toms like crazy**

    Are you still allowed to say "Christmas"? I thought it was "holiday" :D. As for the coin, the missing "9" can be seen in the background, laying on his kitchen table :D.
     
  4. Vroomer2

    Vroomer2 Active Member

    "number 9.. number 9.. number 9?" ;)
     
  5. De Orc

    De Orc Well-Known Member

    My eye sight is not the best on earth but even I can clearly see where the nine was removed :eek:

    De Orc :kewl:
     
  6. Magman

    Magman U.S. Money Collector

    not that it was scratched off aor anything :rolleyes:

    guy takes a super-common penny worth 3c and turns it into something for 5$... *sigh*
     
  7. andrew289

    andrew289 Senior Analyst

    I think the viper bidder is a shill trying to generate some interest.
     
  8. ranchhand

    ranchhand Coin Hoarder

    isn't that from grease in the die? I have a penny missing a number, my coin dealer said it wasn't worth anything, but i am keeping it for the novelty. I also have a dime with a cud i found in change that i am keeping for fun...

    personally i think that if the coin goes for a few bucks its not really a scam, maybe the high bidder collects strange mint "problems". I found mine while searching hundreds of rolls of penny's, if i was looking for a coin like this specifically it may have been worth a couple of $$$ to just get one outright.

    but then again... the hunt is the best part ;)
     
  9. GDJMSP

    GDJMSP Numismatist Moderator


    Boy Howdy - I didn't think there was anyone who still remembered that :D
     
  10. xeno108

    xeno108 New Member

    have you seen that dime he has up for auction... what a laugh
     
  11. asian-chick

    asian-chick New Member

    Gotta give him credit for not starting the auction at a million dollars or something! :D
     
  12. Conder101

    Conder101 Numismatist

    I see nothing wrong with the auction, I believe the coin is what he says it is, a filled die error, and he describes how it happens accurately. The only thing I would question is the "one in a billion" hype. (I don't think the 9 was removed, a filled die coin doesn't always wipe out the entire figure, after all the 9 in the die might not be completely full of "grease". I see lots of filled die coins with the details still showing faintly.)

    One thing that does strike me as odd or wrong are his two statements the he has been collecting for many years, and that he can't grade coins. He collected for many years but never bothered to learn the basics of grading? Bet the dealers liked to see him coming. :)
     
  13. skm06

    skm06 Member

    I agree Conder, I don't think he's trying to deceive or rip off anyone. The one in a billion is a bit much, but it is possibly a true filled die error.
     
  14. andy21us

    andy21us Coin Hoarder

    I'm not saying what he or she is selling is wrong. I'm saying the way he or she is selling the coin is wrong, and if this person is a collector as he or she claims to be then he or she should know that this is a common coin and not claim that it is a one in a billon coin. That is misrepresentation and that is wrong. This person is just hurting the hobby/business by putting out this bull. Coin collecting is a business for some and a hobby for other, and in order too keep these two things going we need new collector/hobbyest, but if they keep running into people like this person then they will not trust anyone that is reputable.
     
  15. Conder101

    Conder101 Numismatist

    The problem with that is the error TYPE is very common, you will find lots of filled die coins with varieous parts of the design missing. But it just may be possible that this IS the only 1945 cent with the 9 missing. Unless you see all of them or have several more of them how do you know? Sure for the type it isn't worth anything, but who knows, maybe there is someone out there putting together a set of coins each one with a different letter missing because of a filled die. To him this might be a dream coin rather than an are you dreaming coin. Yes he might be able to sell it to a newbie for more than it is worth but I'm not one of those people that believes that newbies should be protected from their ignorance completely. If they aren't burned from time to time they will never learn and someone will have to hold their hand forever. Something like this will burn them without causing serious damage.
     
  16. andy21us

    andy21us Coin Hoarder

    Conder101, I'm not saying that newbies should be protected. Life is a seriers of lessons that everyone will go through. What I am saying is that the hype that this person is giving this coin is not right, he is trying to sell a common coin for more then what it is worth at the expence of other.

    You said that "it might be possible that this is the only 1945 cent with a missing 9" but it is not I have seen other cent with the 1, 9, 4, and the 5 missing. Even if this was the case it is still a common error and your someone that is trying to put that set together would have to spend a lot more money competing against a newbie who thinks that this coin is a one in a billon coin. (Another problem that is hurting the hobby/business).

    This coin did sell for only 6.50 and no serious damage was done, but this is just one more example that proves ebay is a seller market and that bidder should be carefull and research what they are bidding on.
     
  17. Jim C (Mich)

    Jim C (Mich) Senior Member

    turn me on dead man. number 9, number 9, number9. Haaaa
     
  18. skm06

    skm06 Member

    Looks like some remember,
    Number 9 for sale :kewl:
    http://www.cafepress.com/8204

    Some of us aren't that young anymore.:(
     
  19. Conder101

    Conder101 Numismatist

    Big surprise,that's called advertising. Everyone tries to put their product in its best light and tries to sell it for as much as the market will bear, and often more than what it is "worth" But who decides what something is worth? Are there "value cops" out there patroling? Passing judgement on everything listed for sale? And who is to say what hype is good and what is bad? Besides,learning to judge the hypeis another lesson for the newbie.

    Ok so it's down to 1 in 500 million.

    I never said that it wasn't a common type of error. And now you're going to start deciding how much money a newbie, or anyone else, is allowed to spend so as to not compete against an established collecto rand thereby cost him more to complete his set.
     
  20. longnine009

    longnine009 Darwin has to eat too. Supporter


    Someone call?

    I didn't bury Paul, John did.
     
  21. andy21us

    andy21us Coin Hoarder

    ADVERTISING: to give public notice of: to inform; to make known through agency of the press; legal notifiation.

    HYPERBOLE or HYPE: a figure of speech which expresses MUCH MORE or much less then the TRUTH for the sake of effect.

    1 in 500 million is far from 1 in a billon.

    I'm not trying to decide any such thing, the point is that the sellers on ebay use the power of hype and the knowledge or the lack of; of the bidders to gain a larger price for something that is worth far less.

    I post these type of actions to shed light on this type of sellers so the newbies on this site don't make the same mistake.

    That is what makes this country so grate is that peolpe can express their opinions and thoughts as you and I have done, but it also does not allowes people to exploit the lack of knowledge of other people for personal gains. This is called fraud and that is illegel. But this is just my opinion and thoughts.
     
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