I know older dated coins are not too rare with rotated reverses, but what about Morgan and Peace dollars? (I'm talking about 90 to 180 degree rotations) Is there a way to determine value?
I don't have a solid answer, other than you might luck up and find where the exact coin in the exact grade sold somewhere. But still, that would only be one buyer and one coin. Not a good way to determine a "trend". I thought this was an interesting read... LINK
Thank you VERY much! I'll post a pic of mine in the errors forum on Monday and may submit it to the VAMLINK guys. Those two links are exactly what I was looking for. Thanks again.
The biggest problem with pricing errors is the small number of error coins. Now the numbers may not seem so small, but in the general scheme of things, they are. Only a few dealers truely specialize in this market, and often they set the bar. From what I understand the margin between buy and sell is a little bit better than the average market, but should be used as one source of determining values. Auction records while a valuable source may be limited as many errors are unique in and of themselves. Error collectors are probably as picky as the early copper guys. They place good premiums on certain types of rotation, and very little on others. Within some series it is almost common place to find rotated dies.
