My $500 Nebraska error

Discussion in 'Error Coins' started by spiritsong13, Sep 3, 2006.

  1. spiritsong13

    spiritsong13 New Member

    Hey everyone, I was here a while back and posted a thread about a quarter I found in a roll of quarters that was missing a clad layer on the reverse side. Speedy was kind enough to suggest I have it appraised and authenticated by NGC, so I followed his advice and I'd like to update you on the outcome. I still don't have a way to post a picture of it unfortunately, but here are the specifics of how it's labeled on the slab.

    2006 P 25C NEBRASKA CLAD LAYER MISSING ON REV 4.7G
    MINT ERROR MS 65

    It's listed as having a $500 declared value, (and insured value), on the form returned from NGC.


    How much could I expect to get for this coin if I were to sell it, or would it be better to hold onto it? I don't know if it would increase in value over time or if the value is pretty standard, so suggestions would be helpful.

    Thanks everybody.
     
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  3. gxseries

    gxseries Coin Collector

    YIKES! Now that's a neat error! Not too sure how much it is worth, but I guess other collectors will be able to tell you a rough estimate.
     
  4. Speedy

    Speedy Researching Coins Supporter

    Howdy
    Glad to hear that it came back a ok!
    As for the value that NGC put on it---that is really nothing---they do that so if it is lost they will have the money to pay you a fair market price for it.
    I think I saw a MS62 NGC Missing clad layer go off ebay for around $300....for coins like this....errors....there really is no set guide line for price--the best way is to put it on ebay or sell it through an auction like Heritage and see what it goes for.

    Maybe Mike will have a better idea on the value.

    Thanks for letting us know how it turned out!!!

    Speedy
     
  5. My guess would be in the 500 range. With it being a 2006 coin you should get a good price selling now rather than later. Once more pop up it should drive the price a bit lower.

    Also some states have less errors than others. This also moves the price around.

    At any rate this was a nice find. Congrats.:thumb:

    Michael
     
  6. Becky

    Becky Darkslider

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