Someone just paid $862.99 for a dropped incuse letter on a 2006 Nevada Quarter on EBAY! Did this guy pay too much or is that a reasonable price. myster
I would say its hard to know for sure.....since each dropped letter error is one of a kind it is hard to know the value---that market is the one that has to make the price....and in this case he paid $862.99...if he sells it again and makes that much or more I would say that the market is still on the move. Speedy
I have a 1964-D quarter missing the R and T in "QUARTER," so, let's see, at $862.99 a letter, that's $1725.98 on e-bay! So yeah, I think it's a reasonable price.
Your letters are missing. The $862.99 coin has an extra R. Its on Washingtons neck. So I think you might owe some money.
I picked up two state quarter dropped letter errors some years back on eBay. In both, some of the die fill is retained. I paid about $40 for each one. So I would say $863 is rather excessive. Just my opinion.
Well thank you I always wondered what causes this kind of thing. They keep these dies lubricated, do they, so this was just gunk stuck in the dies? Seems that would do it, yup...
They do----but then they do this to keep it from doing that or after its done it There are some cool Grease Filled die errors......but they aren't normaly rare or $$$ Speedy
I don't know :secret: this might be the time to release them back to Ebay 2200% profit:whistle: sound,s good to me:thumb:
I'm sort of an error coin collector. I have virtually hundreds and hundreds of error coins. The market for error coins is growing as more and more become famous due to thier additions to books such as The Red Bood or coppercoins Looking Through Lincolns. About 10% of all my error coins have dropped letters of numbers. This was very common on Lincoln Cents in the early 2000's for some reason. At most of the coin shows I've been to lately these type only sell for about $20 at most so naturally the best place to sell anything is on ebay.
If 10% of your error coins have dropped letters, then you're probably dealing with something else. Dropped letters are rare, and I have not seen a single one on any cent dated 2000 or later. Perhaps light contact with other coins after the strike and outside the mint tranferred a light impression of a letter or two to the coin's surface.
I've been collecting coins for somewhere between 55 to 65 years so I kind of know what error coins are. Actually closer to the 65 year thing unfortunately. I was looking for errors on the 1943 Cent when they first came out. Sure wish I was to young to know what I am talking about. Didn't someone say that youth is wasted on the young? Out of virtually hundreds and hundreds of error coins now I do recognize whcih are which.
Hey Carl Would you mind posting some photos of your dropped letter error coins?....I'm just now starting to learn about such coins and would love to see some photos. Speedy
HEy speedy I would like to make some of htose too. One freind of mine has been giving me digital cameras for a few years now so I can take photos of things like coins. I'm from the film era. I've now got a Fuji, Olympus, Nikon and two Sonies that are digital. He is a camera dealer at camera shows and is trying to teach an old dog new tricks. I've tried taking pictures of coins and they end up looking like something from a ghost movie. One freind showed me how several times and even showed me how to post them. Same person showed me how to use ebay, got me a name input or something and set me up with an account in a thing called paypal. I always say OH it's that easy and after he leaves I forget almost everything he said. I really should take pictures of all the coins for insurance purposes. Someday.
I just took a look at that drooped letter quarter and it is a nice looking error, and probably 1 of a kind. Worth that much? In my opinion no, but its all in the eye of the beholder i guess lol. Here is the link if anyone wants to see it. http://cgi.ebay.com/2006-NEVADA-QUA...89042952QQcategoryZ105645QQrdZ1QQcmdZViewItem
Carl If the photos are just blurry get magnifing glass and hold it next to the camera and take the photo when the coin looks clear from your end of the camera. Speedy
As with all things this coin is worth what someone is willing to pay for it. In this case TWO people were willing to spend over $850 to get that coin.
