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25C - Clamshell Lamination - A Different kind of Lamination - Thread #7
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<p>[QUOTE="Fred Weinberg, post: 2987819, member: 86437"]It looks like a nice example of a 'clamshell split' planchet.</p><p><br /></p><p>The damage/rim hits do hurt the value, whether it's a 14-D or a common date.</p><p><br /></p><p>The coin, without the error or damage, looks like it's about $100 or so -</p><p>I'd say a fair retail price (just an estimate) would be $60-$75, because of the damage. (the 14-D would be considered a semi-key date, not a 'rare' date, imo)</p><p><br /></p><p>There are plenty of rare dates/mm coins with errors on them - and depending</p><p>on many factors, the error can add or subtract value to the coin.</p><p><br /></p><p>For example, back in 1974 I bought a huge collection of mostly type coin errors -</p><p>in the deal were 6 1921-P Mercury Dimes (key date), GEM Original lightly Toned</p><p>BU's - that were struck 5%-10% off center. At the time, the normal 1921 in that</p><p>condition was worth about $1,200 or so. Because of that very high price (1974) </p><p>no error collector would pay $1,200,; no Mercury Dime collector would pay</p><p>that $1,200 value for a 'not normal' 1921 Mercury Dime.</p><p><br /></p><p>I eventually sold them for $700-$800 each.</p><p><br /></p><p>Today, the normal coin is worth $3,000 +, and the error might, repeat might,</p><p>be worth a $300- $500 premium over that level - because you can buy the </p><p>same error, same condition, but common date, for $200-$250, and only a specialist</p><p>would be willing to pay 10-15 times the common date value for the error; that</p><p>specialist would probably be a Mercury dime collector, not an error collector.</p><p><br /></p><p>Just a few thoughts to contemplate.[/QUOTE]</p><p><br /></p>
[QUOTE="Fred Weinberg, post: 2987819, member: 86437"]It looks like a nice example of a 'clamshell split' planchet. The damage/rim hits do hurt the value, whether it's a 14-D or a common date. The coin, without the error or damage, looks like it's about $100 or so - I'd say a fair retail price (just an estimate) would be $60-$75, because of the damage. (the 14-D would be considered a semi-key date, not a 'rare' date, imo) There are plenty of rare dates/mm coins with errors on them - and depending on many factors, the error can add or subtract value to the coin. For example, back in 1974 I bought a huge collection of mostly type coin errors - in the deal were 6 1921-P Mercury Dimes (key date), GEM Original lightly Toned BU's - that were struck 5%-10% off center. At the time, the normal 1921 in that condition was worth about $1,200 or so. Because of that very high price (1974) no error collector would pay $1,200,; no Mercury Dime collector would pay that $1,200 value for a 'not normal' 1921 Mercury Dime. I eventually sold them for $700-$800 each. Today, the normal coin is worth $3,000 +, and the error might, repeat might, be worth a $300- $500 premium over that level - because you can buy the same error, same condition, but common date, for $200-$250, and only a specialist would be willing to pay 10-15 times the common date value for the error; that specialist would probably be a Mercury dime collector, not an error collector. Just a few thoughts to contemplate.[/QUOTE]
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25C - Clamshell Lamination - A Different kind of Lamination - Thread #7
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