Discussion in 'Error Coins' started by Brandon Thames, Aug 12, 2018.
Could anyone give me an estimated value on this error coin?
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That's not a Brockage. It's damaged.
I think damage also. Some kind of squeeze job.
Put it in a vise with another coin and tighten. Damaged
How certain are you. I bought it for $12 and have an offer for 75. I just don't want to short change myself!
100% damage, it's not about short changing yourself it's about ripping someone else off. Think thru the minting process, obverse and reverse die, and explain how you get the coin you have? It's not possible.
I noticed you have a watermark on the image and your profile picture, are you a coin dealer? If so, I would strongly suggest you get a mentor, anyone can hang a shingle out, but you do not have enough knowledge to be a coin dealer.
CB to the rescue!
Is our OP
I assure you that the person who wants the coin will want it for $75 either way. So (beef1020) please do not presume that you know the situation when you infact do not. I agree I have tons of knowledge to gain in this field, hence me asking the question in the first case. But yes I agree now that I think of it, a brokage would either be a obverse imprinted on a reverse or vice versa. Truth be told, I would love a mentor with vast knowledge on the subject but I do not currently have that luxury so I will just keep on keeping on. But so you know, I have sold coins to hundreds upon hundreds of customers and never recieved a single complaint. I am upfront with my customers about my weaknesses as well as strengths and they keep coming back, so I must be doing something right. So please, for future reference, if you want to give the advice that the question asks for and be that mentor that you speak of then feel free to do so. But please dont use the circumstance to try and belittle someone who is novice to you in the "COIN WORLD". Its very unbecoming and detouring to younger generations of potential collectors and dealers that have a true love for the history of the coins not just the value of them. Your abrasive sentiment could one day mean the difference in someone wanting to progress and refine their knowledge and love for coins and someone saying screw this coin collectors are arrogant pricks. But luckily I am not that person. I hope you heave my advice and I thank you for hearing me out. Have a blessed day to all.
Weird coin. Looks like damage but I won't argue what it is. Parts of it look like a squeeze job but I can't understand how it was done.
If you’re a collector trying to understand what you have, then many on Coin Talk will gladly share their knowledge. If you are using that information to make a buck, then that might not sit well with some members. IMO, why should I share info that has taken years to learn and give it to you FOR FREE, so you can profit from it. Maybe if you were a dealer that was actively helping others on these sites, I would feel differently, but if not, where’s my cut of the profit?
Don’t take this personally, just sayin’. Hope this clarifies some of the "attitude" you've been seeing
Not brockage. Maybe don't take advantage of the $75
and sell it for a fair price.
Too many people taking advantage of others in this hobby.
I agree Idhair, that is what I was thinking as well. And thanks Oldhoopster, that does clarify things and I appreciate the calmness of your words. I just ask people to understand (Michael K) that the guy who wants to buy it would buy it for $75 if I told him I got it out of a cracker jack box. He likes unique and interesting coins and that's for sure what this is. And on top of that I really admire the coin myself, it's a neat piece, which is another reason why I said I didn't want to short change myself if it was worth more. I just think people should find out more facts before jumping to conclusions. That's what's wrong with the World today. People jump to conclusions without knowing 100 percent of what's going on and it unnecessarily divides people. This situation being a perfect example. We are all coin enthusiasts. If beef1020 would have asked questions instead of jumping to conclusions then he might of seen that he would've been helping a fellow enthusiast look out for himself not take advantage of someone else.
But you can be a good guy and only take $25 for it, which is still more than it is worth. Your rationalization doesn't excuse questionable business practices.
He realizes you are doing an honest thing, and that's better for reputation, integrity and future business.
Thanks Michael K I appreciate it and you are right, that's what I'll do. But I can almost assure you that when I tell him about this experience and offer to sell it for $25 he will laugh and not give me a dime less then the $75 he offered me.
Well then, a fool and his money...
I couldn't stand the heat, that's why I got out of the kitchen ! See you soon folks !
You could be right Frankjg, or he could be a saint and his money, wanting to share his blessings with others! Not someone who is selfish and self righteous. Someone who is a true inspiration to others and cares as much for others, if not more than for himself. Someone who genuinely makes the world a better place for those who are privileged enough to encounter him. Someone who realizes you cant take it with him and gives God the glory for his accomplishments instead of himself. Just maybe!!!
What does over paying for a coin have to do with any of what you said.
Well its Simple really, Ol' Michael K said a fool and his money. Well, maybe he is not a fool at all. Maybe he is fully aware that the coin is worth less then he is willing to pay, but just maybe he is glad to do it because he likes to show his gratefulness for the blessings he has received and pay it forward. A truly humble and inspiring individual. How is that hard to understand really?!?!?
Did you market this coin as a brockage or did the buyer identify it that way?
And I’m the one who said A fool and his money. It’s not charitable to overpay for something of lesser value. There are more charitable ways to use your money.
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