One of a kind error?

I think $197 is a very good price and it is worth much more than that.
Of course, usually in this hobby, you buy something because you like it,
and price is not a huge concern, unless it is outside your budget. And prices have been going up the last 5 years or so, currently helped by the spike in silver. But when you get to the bottom line, being able to make a profit is a consideration because after the hoarding aspect of collecting, the hobby is about buying and eventually selling. Because when you "leave" things to your heirs, (wife, children, etc.) If they don't share your passion for coins, they end up getting lowballed when they get rid of this stuff, so eventually there comes a point when it needs to be sold at a fair price, to someone who appreciates it for what it is, after it has been enjoyed for many years, it can then be enjoyed by someone else for many years.

 

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Honestly, I'm new to this and am not sure what you mean.

 

Don't worry about it. Probably just techie stuff.

 

So eloquently said. I've considered that I'm 67 and that my wife will not use my passion when selling the collection when I leave this world. Do you think it's a good idea to leave it to my son, who seems to have the same interest in my expanding collection? Btw.... I received another coin, 1869 Shield nickel, that has a similar error. Here's a picture, tell me what you think.

 

So you are doing research?
Those are also Broken letters. Obverse photos are necessary.

 

So technically this is a variety, not an error. Errors are one time occurrences like off center strikes. Varieties on the other hand, are reproducible because they are from the die(s) used to make them. For example, all the 1955 Doubled Die Wheat Cents were struck with the same obverse die.

So all the Capped Bust Half Dollars made with the "broken S" reverse die (or possibly dies) will have a broken S.

A die marriage is basically the combination of the obverse and reverse dies used to strike a coin. Let's say there's a coin struck with obverse die A and reverse die 1, this creates variety X-101. Another coin is struck with obverse die B and reverse die 1, this creates variety X-102. And so on.

 

If your son has a passion for coin collecting, then there would also be a sentimental and family attachment to the inheritance. Then he would be the one to decide what to do with it later in life. These things do appreciate and sometimes it can be sold off if the money is needed in another area. I would have to sit down with him and the coins and talk about them.