First known? 1999 Georgia Statehood struck on Nickel Planchet

PCGS says: Your coin has been confiscated by the US Mint Secret Service in order to authenticate it

.... just kidding!

Great coin btw - big congrats for acquiring it!

 

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A little humor.. I like it! Hahaha

Finally the update I've been waiting to post folks.. Just got back from my dealer from picking it back up..

1999P 25C Mint Error Dbl Denom on Strk 5C...

 

Congratulations! Now, wasn't it worth the wait?

Chris

 

Very well worth the wait. Feels good having it back in hand.

 

Awesome coin! Congrats!

 

Now if I could just change the title of this thread.. apparently too old.

 

Now you can try and sell it on eBay for 8.5 million dollars! :thumb:

 

I think you may be a smidge high.. I was thinking 8.25

 

It's the inside joke on another member who was trying to sell his "CENT on Dime" error for that amount.

 

Don't know the inside joke, definitely caught the humor. LoL

I'm not sure whether I want to keep it, or sell it, or auction it.. etc. SO very torn...

 

I'd say keep it, it's a conversation starter for sure.

 

And I hate to say it, but I think this error is a tad bit cooler. And worth every bit the 8.25 mils in an auction. I can imagine the fees will be a little ridiculous though.

 

For what it is worth, Fred Weinberg doesn't list anything but Lincoln cents on dime planchets on his website. There are a few that are dual-date, but all of them are listed at 4-figure prices. One time at the FUN Show, I showed him my Kennedy half missing the reverse clad layer of which there are only two known for that date/mm, and he said it was only worth $125. Yeah, right!

Seeing as how it has been 12 years since the GA SQ's were struck, I'd say you have a very, very rare piece.

Chris

 

I'd have to agree.. in another thread I had started in the "What's it worth" Forum (Yes, I started 2 threads, one for confirmation, one for value), it was said that this is the only State Quarter Double Denomination seen by anyone. Although that is very very cool, and obviously makes it extremely rare.. How do you put a dollar amount on it?

Edit:

This here lists it at $7,500-10,000... but is that realistic? Too high? Too low due to rarity? Right on the money?

http://minterrornews.com/priceguidedoubledenom.html

 

Honestly, you can't, no guide or expert can give you a real value. It depends on the people interested in buying it and what price they'll end up paying to get it in their possession.

I'm not an error coin collector myself, the most I'm willing to pay for it is 30 cents since I can't decide whether it's a nickel or quarter, so I'm willing to lose 5 cents or 25 cents out of the deal.

 

It's impossible to know what it would be worth. Yes, you might find a collector who would be willing to pay something in that price range outside of an auction venue, but if it were listed at auction, there might be just one bidder willing to pay a high-dollar amount while others are just trying to get it cheap. However, if two or more "serious" collectors were trying to win the auction, there is no telling how high it could go.

If you just wanted to test the marketplace to get an idea of it's value, you might try listing it as a $10,000 "BIN" with a "Make Offer" to see if you get any responses.

Chris

 

I'm assuming you mean on eBay? I couldn't find anything on HA that states they allow BIN OBO

 

Yes, on eBay just to test the market.

Chris

 

You would be lucky to get $2000 for it IMO. $7500 is way too high. Just IMHO of course.

EDIT: I saw that it was a double denomination, rather than a simple off-metal strike. In that case, I raise my estimate to $4000ish. There are some serious state quarter error collectors out there.

 

In my own opinion is same, First his Double Denomination is not a Major Dramatic. (The most dramatic are those with considerable design visible from the original strike.) No dual date lack of details of a nickel,second is not very popular like cent on dime or cent on nickel.But He can try to sell any amount he wanted, anyway it certified.