Hi again. I am asking essentially the same question as my last thread regarding clashes. Are small die cracks or chips worth keeping on mid to late 20th century coins? I'll post some pictures once I get some good lighting to take them so you'll see specific examples. Thanks.
If you like it, keep it .They aren't going to worth anything but you only have face value tied up in them. I don't actively look for them but do keep them if I can see it without a magnifying glass
Exactly. If you like them, keep them. Some are more spectacular. If you like these, look at collecting 1921, 1921-D and 1921-S Morgan dollars. Go here for details: www.vamworld.com.
Right. Most of these are just like little ones from the edge of Monticello on a nickel to the rim. Not really worth it I don't think. And P.S. I am very happy VAMWorld 2.0 was created
Collect what you like. Don't bother with what others say. I don't collect things most people like, and collect many things many collectors hate. You steer what is and is not collectible, my friend. Now are those valuable? Not really. They need to be pretty extraordinary and out there to catch the attention of error collectors willing to shell out money for them.
Here is the way I look at it, just my opinion. If its an extreme example that can be seen without the use of magnification or a coin with multiple chips or cracks, I will put it in a 2x2 to save in my collection. Also, if it is a coin with a chip or crack in an interesting location relative to the design of the coin, its a keeper. People tend to seek these out, create nicknames for them, and they command a premium. All of the other minor ones I come across I save in red solo cups. There's a small niche in the coin collecting community that loves to collect them, even if they aren't worth anything above face value. Once I have a significant amount of minor examples I then sell them together for a small premium. One individual example by itself that isn't significant, when combined with many others of its kind, can bring a small premium. I actually started a similar thread a while ago with a couple of examples. https://www.cointalk.com/threads/die-cracks-and-die-chips-s.326544/#post-3228754 Only had 1 reply, but I decided this was the way to go for me and its worked out pretty well so far. Really its like JCro57 said, collect what you like. I have plenty of coins I save because I think they're cool. Many of these coins others would throw back into circulation but I like them. The few I do sell help me buy supplies for the hobby or go towards purchasing other coins.
I used to keep every one I found but now I tend to only keep the ones that; Are in nicer condition Are publicized and likely desireable to others I find interesting Mine go into coin tubes by denomination and are labeled as such. If it is one I do not intend to let go of I put it into a 2x2 and display it with others in 2x2 pages. Bottom line, I you don't enjoy them then don't waste your time unless you can flip them as capitol toward what you do want. Enjoy!
You'll never retire on them as the value is low. They are neat errors and well deserving of a home in a nice collection. Since you are the one with the collection you and you alone need to make the determination of what's in your collection. Do not be influenced by others as to what you should or should not collect.
