The way I've learned is that they only carry a premium to a Woody collector, and only in high(er) grades. In many cases people will discount woodies, because in all reality they are an imperfection.
Thanks again Zach, much appreciated .. KoinJester, how far are you from Duluth/Superior ? I am about 60 miles north of Duluth ..
Lived in Hayward area (Cable)for many years, Live south of Madison at present, Intend on relocating back to either Hayward (cable) area or Rice Lake in the next few years
That's like saying a Full Step nickle on brings a premium to Nickle collectors. Non nickle collectors won't pay for the steps but a nickle collector will.
It's nothing of the sort, it's like saying I wont pay as much for a morgan with a ding on the rim. It is not a variety or a statement of quality, it is an accident. And many collectors like perfect (to an extent) coins, not ones that were made incorrectly. From the woody master himself:
Woodies have so much character that I don't care if they don't command a premium. I saved all of the nice ones found in rolls long before I knew what they were...but that's just my two (ooops one) cents-ba da bum... Point is, if YOU like it than keep it!
Yeah keep it by all means, I keep the one's I find. I personally like them in MS with luster. Don't take this as a "it's garbage dont touch it".
Thanks guys ... I am content with the fact that it has "Conversation Value" ... ;o9 ...I think I'll keep it, and any others I may stumble on.
Does anyone here describe the wood grain effect as an 'error'? I had a huge one but ANACS wouldn't indicate anything about it on the slab.
That has to be the latest date Woody I have heard of, usually they went as late as the late 1930's and usually branch mints like Denver and San Fran got the lesser blanks.
@scottishmoney: I find woodies up to 1982 lol, I don't usually keep them unless they are wheat. (I keep them for copper not because they are woodgrain) next time I find one I'll show you.