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<p>[QUOTE="huntsman53, post: 65223, member: 1242"]aj,</p><p><br /></p><p>Your last two posts have been really great and worth the reading! You, unlike most of us, went back to the basics of using the good old Dictionary which defines what is an Error and what is a Variety as they should be and not the mislabelling that some in the Numismatic World have long used!</p><p><br /></p><p>I agree with you on your statement "why wouldn't you consider die breaks, cuds, major die cracks, machine doubling, etc. to be errors on the part of the mint - mistakes, if you will?"! If you are just a Collector, you might not want to collect them but to totally ignore them especially if your are a Coin Dealer/Trader, is not very wise! Many of these types of errors while not very valuable, are still fairly hot commodities, especially on eBay which is and has been for several years now, one of the most used gages for determining coin values. If someone wants to ignore these, then it is better for me, you and others who know that these are worth searching for. To coin a quote from one of my error coin buyers, "What may be junk to some, is Gold to others" was what he wrote me in requesting to purchase some of my insignificant error coins that I want to move to make room for better error coins. If I can pick up 10 rolls of Lincoln Cents at the Bank, spend an hour or more searching them and find a couple of error coins that I can sell for $1 each, then it really hasn't been a bad day! Heck, I can replace the two pennies, return them to the Bank and get my $5 back and sell the two error coins for $1 each for a profit of $1.98 minus the cost of the 2x2's! Sure, I would not sell these individually on eBay but would offer them as a lot deal with 10 or 20 other error coins but if my profit margine stays the same, then I haven't done too bad! Heck, if I found 10,000 of these in rolls from the Bank and sold them for $1 each then that comes to $10,000 minus the $100 I have in them for a profit of $9,900 minus the cost of the 2x2's and any fees (if any) I incur to sell them on an Auction Site. Whew, I wish I could do that everyday!</p><p><br /></p><p><br /></p><p>Frank[/QUOTE]</p><p><br /></p>
[QUOTE="huntsman53, post: 65223, member: 1242"]aj, Your last two posts have been really great and worth the reading! You, unlike most of us, went back to the basics of using the good old Dictionary which defines what is an Error and what is a Variety as they should be and not the mislabelling that some in the Numismatic World have long used! I agree with you on your statement "why wouldn't you consider die breaks, cuds, major die cracks, machine doubling, etc. to be errors on the part of the mint - mistakes, if you will?"! If you are just a Collector, you might not want to collect them but to totally ignore them especially if your are a Coin Dealer/Trader, is not very wise! Many of these types of errors while not very valuable, are still fairly hot commodities, especially on eBay which is and has been for several years now, one of the most used gages for determining coin values. If someone wants to ignore these, then it is better for me, you and others who know that these are worth searching for. To coin a quote from one of my error coin buyers, "What may be junk to some, is Gold to others" was what he wrote me in requesting to purchase some of my insignificant error coins that I want to move to make room for better error coins. If I can pick up 10 rolls of Lincoln Cents at the Bank, spend an hour or more searching them and find a couple of error coins that I can sell for $1 each, then it really hasn't been a bad day! Heck, I can replace the two pennies, return them to the Bank and get my $5 back and sell the two error coins for $1 each for a profit of $1.98 minus the cost of the 2x2's! Sure, I would not sell these individually on eBay but would offer them as a lot deal with 10 or 20 other error coins but if my profit margine stays the same, then I haven't done too bad! Heck, if I found 10,000 of these in rolls from the Bank and sold them for $1 each then that comes to $10,000 minus the $100 I have in them for a profit of $9,900 minus the cost of the 2x2's and any fees (if any) I incur to sell them on an Auction Site. Whew, I wish I could do that everyday! Frank[/QUOTE]
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