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Coin Show attendance and coin sales is way down

<H1> Coin Show Attendance and Sales Down for 2017 </H1> My experimentation of coin shows is almost complete. That is while we are heavily vested in bringing to life an Online coin store which we will pack with Lincoln Cents, Kennedy Half Dollars and Morgan Dollars. In the not too distant future, we will probably expand the products we sell online to include US Half Cents, US Large Cents and Indian Cents. The sky is the limit when it comes to having stock available online. Coin dealers can only display so much merchandise on their tables until it becomes a heap of confusion. Our online store will be as organized as possible. We are planning on offering some short-fused sales on select coins throughout the year, so make sure you bookmark our site, or sign up on the Coin Forum to receive notifications when items are going to be on sale.  I have attended quite a few coin shows in 2017, and there weren't too many blockbuster shows to speak of. I ask many of the coin dealers that are trustworthy and are willing to speak the truth about the sales and people at their tables. many a promoter will simply say "We had a RECORD turnout this year, and there were many dealers that are reporting great sales". When asked about who these dealers were, and what items sold for them, there is no solid evidence. I DO see a mediocre amount of customers within the coin shows, but in 2017, they seem to be window shopping more than actually buying. I talk to many sources during shows, I let them tell me their side of the story at length. One coin dealer was actually frustrated. He says to me, "I don't know what is wrong, I keep striking out. I have not made one good sale". Paraphrasing another coin dealer, he was willing to give his side of the story and bluntly said "Dealers at shows are here because they don't know technology. People AREN'T buying at coin shows because the majority of coin dealers that are at shows refuse to budge on prices and they are grumpy. Online coin sales are killing the coin shows. A person need not attend a coin show. All he or she has to do is go online, find what they are looking for and when they do, they don't even need a loupe. They can magnify the coin up 20 times or better and see what they are buying. The customer can buy coins online a lot cheaper than they can get at shows." One person attends almost all shows in a large east coast zone. he attends these shows, and he is dynamite at assessing the attendance of the shows. I can trust his judgement and he has a keen eye when it comes to making an opinion on some of the shows in a three to five our trek away from my home. I sat down with him as he flipped through his calendar of events that he attends. in a nutshell, there were only one or two additional shows in a 300+ mile radius, that were longer than one day and had the people in attendance and were actively buying. This man travels to 50+ shows a year. He has both one day venues as well as three to four day coin conventions on his list and he makes notes on them all. It's a sad day when he, and I reflect and come to a somber conclusion that coin shows are slowing down pretty quickly. I have other examples, but I want to limit the size of this post.  When I dive into something, I prepare myself pretty well. I document as much as I can. I talk to dealers that travel to coin shows in Virginia, North Carolina, West Virginia, Delaware, Pennsylvania and Maryland. The bottom line is always sales from customers, not sales between the dealers.  There are many other website articles that mention this very subject. They document major coin shows across the country as low attendance and mediocre sales Here are a few references: U.S. Mint Gold & Silver Bullion Coin Sales Down Two Years in a Row Gold-Coin Sales Drop to Decade Low as Retail Buyers Flee: Chart U.S. Mint American Eagle gold, silver coin sales fall sharply Why is attendance down at Coin Shows? There are hundreds of articles that express the concern at coin shows where people give their side of the story on coin show attendance being low, as well as coin dealers saying some shows are great, but there were less people than last year. The writing is on the wall, much like many other types of shows that died at convention centers and venues across the US, the coin shows are the mercy of online sales.In my opinion, online sales are a better alternative. There are many Pro's to this: - You don't have to wait for a coin show to come to your area - You don't have to visit a coin shop with redundant stock - Online coin stores typically carry slabbed coins. Third Party grading service typically is far superior to any dealer who is not a certified coin grader. - If you have a problem with a purchase, online returns are easier than tracking down a coin dealer attending shows. - Online coin purchases can be researched at your leisure, with no pressure or distractions - Online coin sales allows you to search multiple websites for the product and find the best value. - Online coin sales typically can be lower. Coin dealers at shows need to pay table fees, hotels, food and transportation fees when attending shows. In closing, it's up to the coin collectors to keep the coin shows alive. It's up to the coin dealers to offer items at fair market value, and to offer items which the customer expects at a price which is affordable. most of the coin dealers I have witnessed in the 5 state region are older people, some close to 70+ years of age. The majority are over 65, retired and appear to want to get out of the house and do something. Some coin dealers simply rent one table, throw some merchandise on the table and talk all day long with other dealers that are willing to listen to them. From the promoter's side of the house, things need to change. The good ole' boy network that exists needs change. All dealers should be treated equal, but in many cases that is not the case. The only way the coin shows are going to stay alive is coming up with a marketing plan that will draw in the younger generation that are avid coin collectors. Simply offering them the same ole' prize show after show, dealers offering bullion at over inflated prices, redundant stock and some dealers who are not the most pleasant people on the planet make up a event that could fail any given year. My goal is to attend select shows that have more merit, trustworthiness over all of the other coin shows across the eastern USA. As we look forward to 2018 and further, we will list our coin shows we attend on our calendar of events. This post is our opinion of what the coin market and general population of coin collectors and coin dealers that have attended shows in 2015, 2016 and 2017 and were willing to offer their honest opinion on the coin collecting hobby. I'd love to hear your side of the story on this topic. Simply join the Online Coin Forum and make a post. It's easy and free  !

MintErrors

MintErrors

 

The Banker's 1960-D small date Lincoln Cent bag

I was at the Virginia Numismatic Association Show when John approached me and he mentioned he had a 1960-D Lincoln Cent bag that his dad had purchased quite some time ago. John said the bag had been stored in an ammo crate since 1964. John said he wanted $250.00 for this bag and the contents of the bag were 1960-D small date Lincoln Cents. I told John I only had a handful of 1960-D small date rolls, and several hundred of the 1960-D Large Date rolls. John said, you can have 100 more rolls of the 1960-D small date Lincoln Cent rolls if you buy this bag. I said OK, fine, I'll purchase the bag. John did note we would have to meet up somewhere in the not to distant future so he could get the bag to me and I could pay him for the bag. We decided to do this near his location in December 2017. We coordinated a time and place to make the sale. In December, I pulled into the parking lot, and I seen John sitting in his vehicle. he had an older version of Coin World he was reading, about the coinage of the 1960's. He was reading about the 1960-D small date as I approached his vehicle. John seen me coming, and swung the passenger side door open for me. In the floorboard of the vehicle was the aforementioned bag, closed with three clothespins. The bag itself wasn't an ordinary bag. it was from the Treasury located in Washington DC.John welcomed me, shaking my hand, and I got into the vehicle with him. John proceeded to tell me some of the items he had read about the 1960-D small date Lincoln Cent bag, and how the bags, back in the day went for close to $2,000 usd. John's dad was a banker, and he was able to purchase this bag. Back then, the US mint was very reluctant to acknowledge that there were two versions of the 1960-D Lincoln Cent. Over time it was revealed that there were two versions, and that the 1960-D small date Lincoln Cents were far more rare than the 1960-D Large date Lincoln Cents. The price for the bag was decent, I have bought bags around this price from other sources and since John knows me, I am sure he gave me a slight break, These cents were to be Brilliant Uncirculated, 100 rolls. The bag had the Lincoln Cents in paper bank wrapped rolls, but most of them would be tightly wrapped in Tin Foil to keep the sulfur from the roll toning or damaging the luster of the Red coins within. John and I talked about the bag, the coins, the saga behind them. After about 15 minutes, we shook hands. I cheerfully handed John $250.00 cash and I carried the bag from his vehicle to mine and we departed our ways. I have the bag close to me, so I can process several rolls a night, and I have a status update. I brought the bag into the house and dumped its contents onto a plastic table. I counted out 65 bank wrapped rolls with the tinfoil wrapped coins inside. The other 35 rolls were in the old time cent tubes which can be a pain to open. The old type cent rolls seem to shrink around the coins themselves. if they were sealed with tape, it takes two pairs of channel locks to open most of these. Then, the rolls are so tight, a towel has to be spread out on a tile or concrete floor. I get the top off, and at a 45 degree angle tap the tube pretty hard to get a few coins out of the cent tubes. Each tube offers unique challenges, but on average it takes close to 5 minutes to get all of the coins out of a single tube. One roll was packed so tight my son and I had to put it in a vise and break away the tube in order to get the coins out. So, although at times it is a challenge, it is well worth the effort. I am about 20% of the way through the bag. Of the 20 or so rolls completed, I have approximately three to four rolls of Re-punched mint marks. I have not found any bell-ringer type coins, like the 1960-D small date over large date, or any other significant finds, but who knows what the other 80 or so rolls will hold. I have an objective to document the contents of this bag as much as I can, and as time permits, I plan on adding photos throughout this post. I want to document the types of RPM's I have pulled, potentially list all of the die pairs I see in this bag, and show the type of coins that have been pulled from the bag. I have seen both the tin foil wrapped coins, as well as one or two rolls of coins that weren't wrapped in tin foil which produced an array of purple-ish toned Lincoln cents.  Over time I will add content to this article. Its both a tribute to John and his dad, as well as a treasure to find bags like this that are still available for purchase. Each coin to me is like a single present, one at a time these coins are looked over and one does not know what will be displayed until it is under the glass. Standby for another update, hopefully with photos, probably before Christmas.

MintErrors

MintErrors

 

1958 Lincoln Cent Roll

This past VNA show, I was headed to an objective, and on my way, I walked around a few tables trying to locate a few Lincoln Cent rolls to fill my voids. I walked down a main aisle asking coin dealers as I headed to another objective. One coin dealer answered up, "Hey I have a few rolls, and if you provide me a list, I'll see what else I have available and bring them in for you to look at tomorrow". I finished my quest and then told the coin dealer that I will provide them a list either by hand or email. Well, the coin dealer brings down three rolls. A few re-wrapped rolls from the 1960's era, and a 1958 roll in a plastic roll. The coin dealer says, "Look these over and let me know if you are interested in ay of these". The coin dealer then heads back to his table. I decide to uncap the 1958 and spread a few over the table. I immediately notice that this roll is far above the usual quality you find at shows in these days. This Lincoln Cent roll had promise for me to pull out a winner or two. or more. I had my son run the other two rolls back to the dealer, and ask what he wanted for the 1958 roll. My son tells me he wants $3.00 for the roll. I immediately handed the son the cash and I started to sort the newly bought Lincoln Cent roll out. ANACS always runs specials, so I decided to cherry pick 15 of the best to send into the strictest grading company there is and see what comes back. The only thing about ANACS specials is, that it can take what seems forever for your coins to come back. They DO tell you up front that it is under one of the slowest grading programs they offer, and most of the times, this economy package will take close to a month or more. In working days, this is probably between 25 to 30 days. In ANACS's defense, there are a LOT of people who take advantage of these specials, and its all about waiting, or coughing up more hard earned money and getting them back just a tad faster. After I cherry picked about 20-25 1958 Lincoln Cents out of this roll and asked my son to assist in looking over the roll and cherry pick the best over all. I grab an ANACS submission form, fill in the details and hand them over to the ANACS representative, Geoff. They are sent out during the show, which saves me shipping costs to ANACS. The ANACS special also has free return shipping, so I ended up sending (15) 1958 Lincoln Cents in and four error coins. The total cost was $139.00. The coins came back a few days ago, and I was pleasantly surprised.  Of the (15) 1958 Lincoln Cents I sent in, I ended up getting: (8) 1958 Lincoln Cents MS-66 Red (7) 1958 Lincoln Cents MS-67 Red Wait - what ? Seven 1958 Lincoln Cents in MS-67 ? Lincoln Cents are some of my favorite coins, and I know that grades in the MS-67 range can get pricey.   I decided to look up the price first: PCGS price guide for a 1958 Lincoln Cent MS-67 Red is $675.00 each NGC price guide for a 1958 Lincoln Cent MS-67 Red is $645.00 each   The population report for the 1958 Lincoln Cent in MS67 Red is as follows: ANACS - out of 700 1958 Lincoln Cents graded as MS, only 27 graded as MS67 with only 1 better. PCGS - out of 3522 1958 Lincoln Cents graded as MS, only 44 graded as MS67 with none better. NGC - out of 4160 1958 Lincoln Cents graded as MS, only 159 graded as MS67 with only 1 better. That is only (230) 1958 Lincoln Cents that has been graded MS67 over all these years. That's less than 5 rolls of Lincoln Cents.   The MS-66 value is close to $45.00 a piece, and the population numbers are a lot higher. I ended up with eight of these. So for an investment of $3.00 for the roll, plus 139.00 for the grading, I ended up with; (7) 1958 Lincoln Cents worth $645.00 each  ($4515.00) (8) 1958 Lincoln Cents worth $45.00 each  ($360.00) That's a total value of $4875.00, if these 1958 Lincoln Cents sell near price guide value. That's the type of investment I would like to make each and every day.  

MintErrors

MintErrors

 

Coin Store has some coins up for sale

The www.MintErrors.org online store is getting populated. Over the past few days, I have taken photos of and added the following US standard coins to the www.MintErrors.org coin store. 1964-D Kennedy Half Dollars graded MS-64 by ANACS  Link to page: http://minterrors.org/index.php?/store/category/1-1964-kennedy-half-dollars/ 1964-D Kennedy Half Dollars graded MS-65 by ANACS  Link to page: http://minterrors.org/index.php?/store/category/1-1964-kennedy-half-dollars/ 1944-D Lincoln Cents Brilliant Uncirculated (raw) Link to page: http://minterrors.org/index.php?/store/category/8-1940-1949-bu-lincoln-cents/ 1945 Lincoln Cents Brilliant Uncirculated (raw)  Link to page: http://minterrors.org/index.php?/store/category/8-1940-1949-bu-lincoln-cents/ There will be more products added in the near future. if you have a coin want list, email the list to us at help@minterrors.org and we will attempt to assist you find your product.

MintErrors

MintErrors

 

MintErrors.org want list

Our want list ! Brilliant Uncirculated Lincoln Wheat Cent rolls. All coins should be problem free. Below are the following rolls we need at a minimum. We will also be buying from other dealers and finding these rolls at alternate locations, so this list will probably be very dynamic. Do not immediately think we will purchase all items that are presented. We reserve the right to choose when and where and what we may offer for particular items. I will be adding and removing items from this list, and I will attempt to put dates on the entries. We need the following problem free Brilliant Uncirculated Lincoln Cent Rolls. We do NOT buy circulated rolls, partial rolls, damaged rolls, spotted rolls or problem rolls. Should you have a large quantity of problem free Brilliant Uncirculated Lincoln Cent Rolls, let us know by emailing us at help@minterrors.org. When we purchase problem free Brilliant Uncirculated Lincoln Cent Rolls, we consider rolls from 1909 to 1980, focusing on Lincoln Cent rolls from 1940 to 1958. List of Lincoln Cent Rolls 1943 - D Brilliant Uncirculated Lincoln Cent Roll (problem free) 1943 - S Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1944 - S Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1946 - P Brilliant Uncirculated Lincoln Cent Rolls, (problem free) 1946 - D Brilliant Uncirculated Lincoln Cent Rolls, (problem free) 1946 - S Brilliant Uncirculated Lincoln Cent Rolls, (problem free) 1947 - D Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1948 - P Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1948 - S Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1949 - P Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1949 - D Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1949 - S Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1950 - P Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1950 - S Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1951 - P Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1952 - P Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1952 - D Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1952 - S Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1953 - S Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1954 - P Brilliant Uncirculated Lincoln Cent Roll, (problem free) 1956 - P Brilliant Uncirculated Lincoln Cent Roll, (problem free) For the problem free Brilliant Uncirculated Lincoln Cent Rolls. It is best to email us and let us know what you have and what your asking price is. If the price is reasonable amd we would consider purchasing the roll, we then would like to see what you have to offer via photos.  It is best to take extreme care while handling Brilliant uncirculated coins, wearing some white cotton gloves, or washing and drying your hands thoroughly prior to handling them. Handle the coins only by the rims, keeping fingers off the rest of the coin. Place 25 coins with the obverse (front) of the coin in a 5x5 pattern and take a photo of them. Keeping each coin in the same area, carefully flip the coins over and take a photo of the reverse (back) of the coin. Do the same for the remaining 25 coins. These photos should be close enough to get all 25 coins in the photo and with enough lighting to show a decent amount of detail per coin. You can email us these photos at help@minterrors.org . You can call to inform us that you have left us a message, but we'd like to negotiate most of the transactions via email so it is easier to manage. This coming year will be a replenishment year for us. We do not hold onto coins and ask a demanding price. We also do not take the very first offer presented. We like to "Haggle" with customers, but we are quick to point out that we will try our best to make a deal. We are a business and with that come the bills associated with traveling to shows; travel fees, hotel fees, table fees and eating out. All necessary evils when on the road. We also do not just sell these coins for profit. On a few occasions, we do offer coins to young collectors for free. Our goal is to offer a few amazing offers to the Boy Scouts and/or Girl Scouts who attend a show to achieve their merit badge which is centered around coins and the history of them. In order to do this, we need product that we can afford to part with and still make a modest profit on what is left. Please take this into consideration when presenting your offer. 

MintErrors

MintErrors

 

What IS the difference between a die crack and die break?

At the CONECA table at shows, I get a lot of questions about die break and die cracks. I basically try to break these two categories out. I am old school, and I have learned from some of the best. The first thing that normally happens to a coin when things go wrong, is the die begins to crack. At first, the die cracks are hair thin. I typically see the die cracks in the head area of the Lincoln Cent. Some of these die cracks may go from head area towards the rim. Most of the die cracks run towards the WE in In God We Trust. I have seen die cracks start on Lincoln's jacket area and travel slowly toward the southern rim. Again, these die cracks are pretty thin. When looking at die cracks on a Morgan Dollar happen, they are seem to happen in a circular format, especially close to the rim. These die cracks can travel through many of the letters on the reverse of the Morgan Dollar. The die cracks seem to be relative in width due to the size of the coin. Now, the die breaks. Die breaks seem to become quite uneven in width. Die breaks are blotchy, and can be very wide. I have found a good example of a Lincoln cent with both the die cracks and die breaks. Die breaks typically make people wonder how this piece of the die does not fall out of the die. In this case, it looks like the rim of the die was still intact, but that die crack would last much longer. Die cracks and die breaks end up happening over time. Some of the design features of the die, and some times the metal composition play into the reason die cracks and die breaks happen. I have seen a lot more Die cracks in cents, followed by die cracks and die breaks in Morgan Dollars, then quarters then half dollars. The value of die cracks and die breaks is very minimal. Most of the collectors state that die breaks and die cracks are simply damage, and these are not a true error or a variety. There comes a point when die cracks and die breaks become dramatic, and then may become a collectible item due to the sheer spectacle it becomes. The Lincoln Cent below may be an example of where it may fetch a premium since it shows both the die cracks and die breaks. The good ole' saying says, to a collector, a coins' value is only as high as a collector is willing to pay for it. Typically, if a coin has some pretty dramatic die cracks, it may fetch between $1,00 to 5.00 on a good day. A coin with dramatic die breaks  - I mean a wow spectacle where its a sheer wonder why the die hasn't disintegrated may fetch several hundred dollars or more. Some of the major die breaks may even make it into some of the magazines or books. It all boils down to what people wish to collect, and how much they are willing to spend. With every roll or bag that is out there, it's like a lottery. One never knows what exactly will be pulled out of the roll or bag and in some cases some great damaged coins, errors and variety coins can be pulled. Stand by for another post on a group of strike through's I found digging through a bag of Lincoln Cents. In the mean time, here is a photo of the Lincoln Cent with the die cracks and die breaks.     

MintErrors

MintErrors

 

A CONECA State Representative for Virginia

A CONECA state representative for Virginia CONECA society for error coin collectors   CONECA  - Combined Organizations of Numismatic Error Collectors of America CONECA is a great organization to offer education about coins, error coins and die varieties. Become a CONECA member today ! Along with our dealer tables, if a promoter is to offer a free table, I will also be manning the CONECA table. CONECA (pronounced: CŌ´NECA) is a national numismatic organization devoted to the education of error and variety coin collectors. CONECA focuses on many error and variety specialties, including doubled dies, Re-punched mintmarks, multiple errors, clips, double strikes, off-metals and off-centers — just to name a few. In addition to its website, CONECA publishes an educational journal, The Errorscope, which is printed and mailed to members bimonthly. CONECA offers a lending library, examination, listing and attribution services; it holds annual meetings at major conventions (referred to as Errorama) around the country. The CONECA website is:
www.conecaonline.org The CONECA organization has a lot to offer. There is a forum that has some of the best attributors on the CONECA forum. Variety Vista offers an extensive listing, most with photos of error coins, categorized by year, mint mark and coin type. CONECA also sports the CONECA master listing which provides a text listing of each coin attributed and listed with a CONECA number. The master listing typically shows Re-punched mint marks, Doubled die Obverse and doubled die reverse entries. Many of the coins listed in the CONECA master listing show a URS rarity listing, so it helps the collectors know how rare an error coin is, which may help identify a value of the error coin for insurance purposes or a potential agreed upon sale price. Error Coins are getting a little scarce, and the more you know about an error coin, the better you are prepared when you find one, or if you are looking to buy one. Don’t be a victim of fraud, or be disappointed in a purchase to find out that mechanical doubling is not a true doubled die coin. CONECA representatives exist in many states. You can visit the CONECA website at www.conecaonline.org to find out more info where a state representative will attend a show. You can join the CONECA society. The cost to join varies, but young adults, Families and individuals will find great value in joining CONECA. If you choose to do so, as part of your membership, you can receive copies of the CONECA bi-monthly magazine called ErrorScope. The articles offer expert advice and tips on how to recognize error coins from across the world. The CONECA errorscope is sent bimonthly, and that added value alone is worth the yearly fee. You can find out more information about joining CONECA, at the CONECA main website. Click this link to know more about joining CONECA. http://conecaonline.org/content/join.html Come on by the table. Take a CONECA application. It’s free and you can mail it in at your leisure. We’ll offer a CONECA elongated cent for stopping by the CONECA table, subject to availability.

MintErrors

MintErrors

 

What is a Die Variety coin ?

What is a Die Variety Coin? What is a Die Variety ? A die variety is a variation to the normal design to a coin die, usually caused by human error or defects in the preparation or maintenance of the coin dies. Varieties are typically produced on working dies, instead of on the master die. Typical die varieties include doubled dies (Doubled Die Obverse and/or Doubled Die Reverse) repunched mintmarks (RPM’s), Over mint marks (OMM) and repunched dates (RPD’s); plus a small number of other minor varieties introduced during the strike of the coin. What is a Doubled Die ? Doubled die is a term in coin collecting used to refer to doubling in the design elements of a coin. Doubled dies can appear as an outline of the design or in extreme cases, having legends and dates appear twice in an overlapping fashion. Doubled die error coins can fetch significant prices when they are noticeable to the naked eye or occur in a popular coin series. A few examples are the 1955 doubled die Lincoln Wheat cent, the 1969-S doubled die Lincoln Memorial cent, the 1972 doubled die Lincoln Memorial cent, the 1964 doubled die Kennedy half dollar, the 1961 doubled die Franklin half dollar to name just a few. In the coin world, proper terminology for this occurrence includes the letter ‘d’ at the end of the first word, hence “doubled die”. The term “double die” without the first word ending in ‘d’ is not proper numismatic terminology. Doubled dies are created when the master die imprints an additional, misaligned image onto a working die. There are many ways this misalignment of devices can occur, which have been grouped into eight classes: Class 1 Doubled Die, Rotated – Results when the working die receives an additional pressing from the master die that is misaligned in a clockwise or counterclockwise direction. Class 2 Doubled Die, Distorted – Results when the master die design moves toward the rim between hubbings. Class 3 Doubled Die, Design – When a master die bearing a different design stamps a die bearing another design. Class 4 Doubled Die, Offset – The working die receives an additional pressing that is misaligned in an offset direction. Class 5 Doubled Die, Pivoted – The working die receives an additional pressing that was misaligned via rotation with a pivot point near the rim. Class 6 Doubled Die, Distended – The working die receives an additional pressing from a master die that was distended. Class 7 Doubled Die, Modified – The master die is modified between the working die’s pressings (e.g., a design element was chiseled off). Class 8 Doubled Die, Tilted – A working die and/or master die is tilted during a hubbing. Doubled dies are a result of the way in which in the United States Mint dies are created. Before 1997, die pairs (hammer die and anvil die) were made by hubs that contained the raised design elements that were intended to appear on the coin. The blank dies were heated (to soften them) and then were pressed against the hubs to transfer the design from the hub to the working dies. Often, one impression was not enough in every case to transfer the design elements from the hub to the die, so multiple impressions were required to transfer enough of the design. For this reason, after the first impression was made, the die was reheated and prepared for a second impression.
The mint workers would try to use guides to align the hub and the working die perfectly to prevent overlapping, or a doubled die.
It is when mint workers failed to align dies properly during this process that doubled dies were produced. In many instances three to four impressions were required, which could but rarely led to tripled and quadrupled dies. In summary, after each impression, a heated working die is removed and checked to see if the entire design and its details were successfully transferred from the master die, to the target working die. A doubled/tripled/quadrupled die is created if these multiple impressions pressed onto the working die were not properly aligned. Note: you will see HUB used in place of master die in may locations - it's the same thing. Modern coining methods have greatly reduced the number of these varieties due to the use of a single squeeze hubbing method during die creation, but doubled dies in modern United States coinage are still occurring. With this new die making process implemented after 1996, dies only require one impression of the hub to transfer all of the design from the master die to the working die. But it has been discovered that the pressure created is so great, that some working dies tend to slightly rotate during this process. What is a Re-punched mint mark (RPM) ? A re-punched mintmark, or RPM, is a coin that shows two or more mint marks on the same coin. This was caused by human error in the punching of the mintmark onto the coin die . Before 1990, a U.S. Mint engraver manually punched the mintmark into each individual working die. Occasionally, due to human error, a die would get two or more punches of the same mintmark, sometimes in almost the same location, and sometimes at 90 or 180 degree rotations. Some times the Mint engraver would catch these defective working dies before any coins were produced from them. A working die that had multiple punching of a mint mark would strike coins with multiple impressions of the same mintmark letter. Such specimens are called re-punched mintmarks, or RPMs. In the Coin Collecting Hobby these Repunched Mint Marks (RPM) are very collectible. When the Mint started using mint marks (letters) in the early 1800’s to identify the various branch mints at which coins were being struck, the mint mark was hand punched into the working dies that would be striking the coins. It was the last portion of the design to be placed on the die. These mint mark letters are as follows: D for Denver, S for San Francisco, CC for Carson City, O for New Orleans, P for Philadelphia, and W for West Point. A Mint engraver would take a thin steel rod (punch) that had the mint mark engraved on one end and hold it in place on the working die where the mint mark was to be applied. Using a mallet he tapped an impression of the mint mark into the die. In most cases it was necessary to strike the punch more than once with the mallet in order to leave a satisfactory impression of the mint mark in the die. When the multiple mint mark impressions are from the same mint mark (a D punched over a D, or an S punched over an S), the variety is known as a Repunched Mint Mark (RPM) variety. The reference of D/D is used to refer to a “D punched over a D.” Likewise, S/S is used to refer to an “S punched over an S.” So in today’s modern coinage, the most affected mint marks with RPM’s would be the D (Denver) and S (San Francisco) mint marks as they are the mint marks most familar to the collectors. When people describe mint mark punches, a direction may be implied the D/D or S/S mint marks, such as D/D North or D/D West. When a direction of an RPM is given, that direction refers to the direction of the weaker mint mark punches. The weaker mint mark punches were the first to be punched into the working die and did not penetrate as deeply in the working die. Eventually a stronger primary punch would be the deepest impression in the working die, completing the addition of the mint mark symbol and creation of the RPM on that working die. An explanation of the following error coins coming soon What is an Over Mint mark (OMM) ? What is a Re-punched date ?

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MintErrors

 

What is an Error Coin?

What is an error coin ? An Error coin is typically are a mistake as a result of the manufacturing process itself, such as off-center strikes, multiple strikes, incorrect planchet size or metals, misaligned die, missing clad layer or other mistake which affects the proper appearance of the coin. What is an off center strike ? An off-center coin occurs when the planchet is improperly fed into the striking chamber, and only sits partially on the collar. Since the collar is responsible for holding the planchet in place during striking, only part of the planchet (the part that is over the anvil die) gets struck. The coin is then ejected (providing it is not struck again). An off center strike will show an offsetting of the image on both sides of the coin, and may be misshapen and elongated. Off-center strikes are popular errors and do command a premium based on the percentage off center. Value for these errors increases if the date is intact as well. What is a multiple struck coin ? When a blank planchet is fed into the striking chamber, and the collar sets the planchet in place for the hammer die to strike the planchet. Once the coin is struck by the hammer die, the anvil die impression is also transferred onto the other side of the coin. The normmal process is for this one time struck coin to be ejected out of the collar and striking chamber, and eventually be sent down a chute. There are occasions where a malfunction occurs, resulting in a coin receiving multiple strikes on one coin. A multiple struck coin can occur for many reasons, and this coin may result in having multiple types of errors. An explanation of the following error coins coming soon. what is an incorrect planchet size or metal coin ? what is an misaligned die ? What is a missing clad layer coin ? This article is a work in progress. We have migrated this post over from our other website and will be adding more data about error coins soon.

MintErrors

MintErrors

 

Virginia Beach show October 14-15, 2017

The Virginia Beach Coin show is next up for www.minterrors.org. This show brings a variety of collectors to the oceanfront, and this years' coin show once again is at the Virginia Beach Convention Center. We will be bringing Morgan Dollars, Kennedy Half Dollars and Lincoln Cents to the Virginia Beach Coin show. In respect to Morgan Dollars, we will offer some high grade semi-rare Morgan Dollars as well as Proof Like Morgan Dollars, MS65 and MS 64 Morgan Dollars. This show special will be MS64 Morgan Dollars. We aim to step up the rarity and grades we have at the www.MintErrors.org tables, so help us, by helping yourself. We stand by our infamous "WE HAGGLE" sign, but again we are a business and we need to show some profits in our sales, or we mind as well do it all via the internet. We will have limited area on our tables, but we aim to fit in the 1964 Kennedy Half Dollars. We have raw and ANACS slabbed 1964 Kennedy Half Dollars. Our showcase piece of the 1964 Kennedy Half Dollars is a 1964 Kennedy half Dollar in MS-67. Over 19,000 MS Kennedy Half Dollars have been graded and there are only a couple hundred MS67's out there and we own one of them. As far as I can tell, there is only one higher, an MS-68 graded by ANACS. For those that don't know, though the 1964 Kennedy Half Dollar is somewhat readily available, it is very tough to find Kennedy Half Dollars in MS65 or higher. Come on by our tables at the Virginia Beach Coin Show and have a look at the MS65, MS66 and the MS67 Kennedy Half Dollars we have for sale. Lincoln Cents - especially the copper based Lincoln Cents are popular in the collecting hobby. Just about everyone I have talked to has Lincoln Cents or, has collected them in the past. Our goal is to offer as many Brilliant Uncirculated Lincoln Cents to the customers as possible. We have assembled BU Lincoln Cents from 1944 through the 1960's and hope to continue to offer these at shows. Lincoln Cents in Brilliant Uncirculated Condition are getting up there in price. Most of our raw brilliant uncirculated Lincoln Cents are in the MS63 to MS64 range with some lower and a few higher. Looking at NGC price guides, the BU Lincoln Cents in MS63 to MS64 can fetch close to $10.00 for a single BU specimen. In my opinion, very few dealers offer table space to BU Lincoln Cents. Our goal is to break that mindset and offer collectors competitively priced Brilliant Uncirculated Lincoln cents if we have available table space to do so. Although our name is MintErrors, as you can see from the above writings, we do not carry just error coins. We carry a pretty good variety of "normal" US coins. Along with the US Coins, we offer US coins with errors and die varieties. What is a an error? It's simply a manufacturing error that occurred while the coin was still within the US Mint. There are many types of US Mint errors, and soon I will publish a post on the typical US Mint errors. Die varieties are issues with the dies that make the coin, commonly these are Doubled Die Obverse (DDO), Doubled Die Reverse (DDR), Re-punched Mintmarks (RPM's), Over Mintmarks and Over dates.  I will provide a short description of die varieties and errors soon. In any event, we will be bringing a wide assortment of Error Coins and Die Varieties. As of late, I have purchased a lot of Off-Center Lincoln Cents, Roosevelt Dimes and a few wrong planchet type coins. We have Doubled Die Obverse (DDO), Doubled Die Reverse (DDR), Re-punched Mintmarks (RPM's), I personally bought a collection of Doubled Dies and RPM's over a year ago and I am still going through the collection pulling out the best to place on the www.minterrors.org tables. Come on by and have a look at the die varieties and errors we will have at the Virginia beach Coin show. A CONECA state representative for Virginia CONECA is a great organization to offer education about coins, error coins and die varieties. Become a CONECA member today ! Along with our dealer tables, if a promoter is to offer a free table, I will also be manning the CONECA table. CONECA (pronounced: CŌ´NECA) is a national numismatic organization devoted to the education of error and variety coin collectors. CONECA focuses on many error and variety specialties, including doubled dies, Re-punched mintmarks, multiple errors, clips, double strikes, off-metals and off-centers — just to name a few. In addition to its website, CONECA publishes an educational journal, The Errorscope, which is printed and mailed to members bimonthly. CONECA offers a lending library, examination, listing and attribution services; it holds annual meetings at major conventions (referred to as Errorama) around the country. The CONECA website is:
www.conecaonline.org The CONECA organization has a lot to offer. There is a forum that has some of the best attributors on the CONECA forum. Variety Vista ( www.varietyvista.com) offers an extensive listing, most with photos of error coins, categorized by year, mint mark and coin type. CONECA also sports the CONECA master listing which provides a text listing of each coin attributed and listed with a CONECA number. The master listing typically shows Re-punched mint marks, Doubled die Obverse and doubled die reverse entries. Many of the coins listed in the CONECA master listing show a URS rarity listing, so it helps the collectors know how rare an error coin is, which may help identify a value of the error coin for insurance purposes or a potential agreed upon sale price. Error Coins are getting a little scarce, and the more you know about an error coin, the better you are prepared when you find one, or if you are looking to buy one. Don’t be a victim of fraud, or be disappointed in a purchase to find out that mechanical doubling is not a true doubled die coin. CONECA representatives exist in many states. You can visit the CONECA website at www.conecaonline.org to find out more info where a state representative will attend a show. You can join the CONECA society. The cost to join varies, but young adults, Families and individuals will find great value in joining CONECA. If you choose to do so, as part of your membership, you can receive copies of the CONECA bi-monthly magazine called ErrorScope. The articles offer expert advice and tips on how to recognize error coins from across the world. The CONECA Errorscope is sent bimonthly, and that added value alone is worth the yearly fee. You can find out more information about joining CONECA, at the CONECA main website. Click this link to know more about joining CONECA. http://conecaonline.org/content/join.html Come on by the table. Take a CONECA application. It’s free and you can mail it in at your leisure. We’ll offer a CONECA elongated cent for stopping by the CONECA table, subject to availability.

MintErrors

MintErrors

 

No longer participating in Richmond Coin Show

No longer participating in the Richmond Coin Club show. MintErrors.org will No longer participate in the Richmond Coin Club show. Since www.minterrors.org will No longer attend Richmond Coin Show, come on out to another coin show we attend ! MintErrors.org and a State representative for CONECA will No longer attend the Richmond Coin Club show. Due to logistics, setup availability, cramped space and mediocre sales we have decided to No longer attend Richmond Coin Club show. For those that need some help with US error coins and varieties since we will not be attending the Richmond Coin Club show, you can find us at the Annual VNA show in September, Virginia Beach Coin show sponsored by Tidewater Coin Club in October and the Annadale, VA coin show for December 2017. We aim to fill the void for not attending the Richmond Coin Club show. We will add a coin show schedule to our blog for the second half of 2017 and into 2018 as coin shows we attend become available. Should other promoters be interested in providing a free CONECA table for coin examinations and club literature, along side two or three dealer tables that we can rent, feel free to email me at info@minterrors.org. We typically do not make sales from the CONECA table, using it for display and educational material. Since www.minterrorgs.org will No longer attend the Richmond Coin Show, coin collectors only can, for a limited time, can send us clear photographs of your coin. Send a complete photo of the obverse and reverse of the coin. Please use limited flash, or take the photos outside with indirect sunlight. Make sure the photos are direct on, and clear - unfocused coins do us no good. Send these photos to help@minterrors.org. With time permitting, we will attempt to answer or direct your questions to the appropriate person. Since www.minterrors.org will not be attending the Richmond Coin show, we will be offering some deals on coins for a limited time in October 2017 and may 2018. More details will follow as time permits.

MintErrors

MintErrors

 

MintErrors.org website info

The Vision of MintErrors.org: Trust, Integrity & Great Customer Service! United States Retired Veteran, 22 years in the US Navy. Home Business, not typically open to the public. Email us ( help@minterrors.org ) for more information. CONECA State Representative for Virginia VIRGINIA NUMISMATIC ASSOCIATION – Lifetime Member Tidewater Coin Club – Lifetime Member Registered with multiple precious metal wholesalers across USA.
We buy direct from the wholesalers, avoiding questionable products. Certfied CISSP in good standing since 2011. Quick Navigation US Standard Coins and Error Coins Auction House: http://auctions.minterrors.org US Standard Coins and Error Coins Forum: http://minterrors.org/index.php?/forums/ US Standard Coins and Error Coins Online Store: http://minterrors.org/index.php?/store/ Our Contact information is MintErrors.org
P.O. Box 2057
Newport News, VA 23602
email: help@minterrors.org
phone: 757.461.7164 It is HIGHLY suggested that you email us over trying to call. We check our email on a regular basis even when we are out of the office. Provide customers with genuine and accurately described error coins and die varieties. Offer customers an online store with competitive rates. Link : http://minterrors.org/index.php?/store/ Offer an online Coin Forum for members and staff to read and learn. Link: http://minterrors.org/index.php?/forums/ Offer an Error Coin and Die Varieties Auction House. Provide clear, high quality images on error coins and die varieties we post. This website is being constructed as of October 9th, 2017.

MintErrors

MintErrors

 

Mint Errors new look

I have come full circle with the way I want a coin website to look. I have decided to reinvent the website design using a very popular brand of software to make www.minterrors.org look better. It has the potential to have everything in one location making it easier to manage. I grumble about a maintenance cost at times, but nothing is for free, and over time, www.minterrors.org will be a one stop shop for medium to high Morgan Dollars, Kennedy Half Dollars and Lincoln Cents. My goal is to have this website fully operational by January 2018. Do not be surprised to see www.minterrors.org up quicker than that. We have a decent amount of inventory and can offer slight discounts over what is offered over coin shows. The plan for imaging each and every coin is in place. We have a LOT of Brilliant Uncirculated Lincoln Cents from 1943 to 1982 and imaging these individual coins will be tedious and take some time. This website will offer some pretty detailed photos of each coin for sale. It is a work in progress. I will personally start with the Morgan Dollars, then Move onto the Kennedy Half Dollars followed by the Lincoln Cents. In the mean time, this site may be up some times, and the old WordPress site might be up more. I want this site to have content that all the major search engines can find, so this version will be live when I am physically working on the new www.minterrors.org site. Stand by for some awesome content to include a great looking photo gallery. I cannot wait to complete this, and I cannot wait to share it with the coin collector community.

MintErrors

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