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<p>[QUOTE="Oldhoopster, post: 4606306, member: 84179"]The people who are paying a premium for these coins ARE NOT knowledgeable collectors. They are new or uninformed collectors who are confusing MD with the much rarer and desirable doubled dies. </p><p><br /></p><p>A 1909SVDB cent is valuable because established collectors WANT IT for their sets. A 1955 or 1972 doubled die cent is valuable because established collectors WANT those coins and will pay a premium. There is no solid foundation in the hobby for MD coins. Go into any coin shop or show with an authentic 1914D cent and you will get offers from dealers. Take a wrong planchet or double struck error to an error specialist like Fred Weinberg or Jim Sullivan and they will make an offer to buy. Why?because collectors WANT these.</p><p><br /></p><p>Try doing that with a MD coin. There will be no interest because there is no collector interest. Or better yet, go to your locAl dealer or coin show and ask if anyone has MD coins to sell. They dont, because there is no collector intetest.</p><p><br /></p><p>You may be able to make a few bucks here and there by selling to uniformed collectors on ebay, but at the end of the day, MD coins have no sustainable value.I</p><p><br /></p><p>Hope this explanation helps[/QUOTE]</p><p><br /></p>
[QUOTE="Oldhoopster, post: 4606306, member: 84179"]The people who are paying a premium for these coins ARE NOT knowledgeable collectors. They are new or uninformed collectors who are confusing MD with the much rarer and desirable doubled dies. A 1909SVDB cent is valuable because established collectors WANT IT for their sets. A 1955 or 1972 doubled die cent is valuable because established collectors WANT those coins and will pay a premium. There is no solid foundation in the hobby for MD coins. Go into any coin shop or show with an authentic 1914D cent and you will get offers from dealers. Take a wrong planchet or double struck error to an error specialist like Fred Weinberg or Jim Sullivan and they will make an offer to buy. Why?because collectors WANT these. Try doing that with a MD coin. There will be no interest because there is no collector interest. Or better yet, go to your locAl dealer or coin show and ask if anyone has MD coins to sell. They dont, because there is no collector intetest. You may be able to make a few bucks here and there by selling to uniformed collectors on ebay, but at the end of the day, MD coins have no sustainable value.I Hope this explanation helps[/QUOTE]
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