Wife said a package came in today so I am really excited. No much coin stuff to get excited about these days so I will take these little moments! Sent from my iPhone using Tapatalk
Yeah, I had no idea he wouldn't mint them until after the orders were placed, but I guess that makes more sense, since if he had trouble selling all of something, he wouldn't be stuck with them.
Meh Disclaimer: I just feel like being an old crabby, hermit, that balks @ any of this guys work, whether i like it or not. Stealing some other hillbillies design for financial gain seems wrong and i dont plan on ever buying one of these. Whos with me?
Did it not fit in the mailbox? I can't believe he left it like that! At least go put it by your door if it doesn't fit.
. . . . . . It would have fit in the mailbox. I've had some problems with a few postal carriers over the past few years...
He stated on another site that he is looking to modify the engraving process on these to enhance the strike so perhaps it may be worth the wait for the second batch.
Love it and skipped it for now. I've held the money aside for the clashed Morgan since Dan mentioned it. The rest of my coin budget has been non-existent at the moment.
These are amazingly beautiful, but being a noob can somebody explain what an overstrike is? I assume he took an old 1917 peace and struck it again? $175 is a lot of money for one of these, I don't understand how they will ever be worth money, can you get them graded?
You are correct on the "overstrike" part, except there never *was* a 1917 Peace Dollar; they were minted from 1921 to 1928, and again in 1934 and 1935. Thus, Daniel Carr used a coin from one of those years. Yes, $175 is a lot of money, and if you read this site long enough, you will find literally hundreds, if not thousands, of posts either extolling DC's praises or calling for his lynching. They are worth money simply due to the laws of supply and demand; he does not make an infinite number of them. AFAIK (and anyone here can correct me), but I believe that ANACS is the only major TPG that is currently grading Daniel Carr overstrikes.
If there were only a certain number being minted I might consider it, but as stated he is minting them as the orders come in, which means as long as there's demand there's supply. In that case they might not be as rare as we hope.
The only way you know he comes out with a new coin is coin forums like this, or if you are always checking his website. This is where the demand comes from. A lot of people miss the buying window on his coins, and then when they find out about them, they are no longer on sale. It is not planned and advertised like the US Mint.