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Posts posted by Mokiechan
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6 hours ago, Greenstang said:
Sorry to take so long to reply, just noticed your question.
I think what your seeing is not Doubling, that is part of the design known as extra or false columns. You don't see them on all coins as they are easily worn or polished off due to being so shallow. The idea is that they are supposed to give the appearance of the second row of columns in the Lincoln Memorial.
This picture from PCGS shows that there are actually four of them
Wow, Thanks Greenstang, that's something I never knew before. Life is good, I have learned something new today.
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I don't see any doubling, just an indication that the master hub is starting to show its age and needs a nice refresh.
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Nope, not even any machine doubling, just a normal run-of-the-mill 69S.
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Perhaps someone stamped the S shape into the nickel to create an error for profit or........
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On 7/21/2019 at 9:25 PM, AccidentalCollector said:
Hello All,
Maybe this isn't the right place to ask. So please send me to the right place, if you know where I should go.
I have inherited a coin shop. The business itself was sold. As for the inventory, they had an interest in consignment but that has not worked out. So, I have on my hands a lot of coins. I know I can easily sell the nice coins. But how do I deal with boxes and boxes of proof sets, and the more common coins? Do I simply get multiple bids from random local shops? Is there a better resource out for dealing with this volume?
Thanks!
Just a thought, to get rid of large numbers of modern proof sets, try contacting a company like Littleton to see if they will take all of them off your hands at once. I doubt if most small coin shops or even most mail order companies have much desire to take bulk quantities of proof sets off your hands but Littleton seems like the type of company that might be able to do something with them. As for the relatively common coins, if they're silver, maybe sell them in bulk on Ebay or even Craigslist? I hope it works out for you.
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I would LOVE to see that whole slab.
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Maybe NGC had a "Slab Your Pocket Change For Free" event at the National Money Show. LOL
- Just Bob and Marquez-Collector
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5 hours ago, Conder101 said:
The decision is that of the Secretary or the Treasury and the time is running out (if it hasn't already) for the decision to be made.
Thanks Condor, the applicable clause reads as such:
‘(i) DETERMINATION.—The Secretary may make a determination before the end of the 9-year period beginning when the first quarter dollar is issued under this subsection to continue the period of issuance until a second national site in each State, the District of Columbia, and each territory referred to in this sub-section has been honored with a design on a quarter dollar.
So I would guess the program will not be extended, since we have heard nothing to indicate it will be.
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4 hours ago, Greenstang said:
I have seen the term "2005 sitter" used a couple of times before. I don't know if this is what the OP is referring to, but it means the 2005 Lincoln sitting on the log.
Lincoln sat on the Log in 2009, the Formative Years Cent I have never heard the term 2005 Sitter.
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17 hours ago, Conder101 said:
The state quarter coins were hot with strong prices until the program ended. Then people moved on to the next hot item and interest in state quarters flagged. Once the ATB quarters end we will probably see the same thing even for the "low mintage" W quarters. I believe ALL the S mint business strikes have mintages well below the W quarters and except for the REALLY top end pieces most of them are under $10, some down to $6. And that is for slabbed coins. With the lower mintage S coins doing that, I don't see much long term potential for the more common W's.
I understand the legislation authorizing the ATB Quarters allows for an extension of another 11 years, not sure if it is a Mint decision or if Congress has to approve the extension but with the Canadization of the Mint, I predict more and more and more ATB Quarters.
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I am waiting for the day when I can buy all five, raw, for under 20.00.
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13 hours ago, Mohawk said:
Hi Mason,
I see what you're asking now, and I can answer it for you. In 1942, Jefferson Nickels were minted in two compositions: the standard Copper-Nickel and the Silver-Copper-Managanese Wartime alloy. Only Philadelphia minted coins in both alloys. Denver only minted standard Copper-Nickel coins and San Francisco only minted the wartime alloy. All 1942-D coins will have the small mint mark by the Monticello because only the wartime silver coins have the large mint mark above the Monticello. The reason that the wartime silver coins have the huge mint mark above the Monticello was so that they'd be easily recognized so that they could be withdrawn from circulation after the war and melted. As the 1942-D's are all copper-nickel, there was no need to change the mint mark style on those coins. Your coin is normal for a 1942-D.
As always, I hope that helps!
~Tom
You learn something knew everyday, Thanks Tom!!!
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1 hour ago, JKK said:
Both coins show variants of normal environmental impact. One does remember that a nickel coin is part copper.
75% Copper to be precise.
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12 hours ago, jgrinz said:
PLUS insurance …
Do you think it would have an impact on the value if it is a relatively common date for Double Eagles? Assuming it's a Philadelphia issue.
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That is certainly not a rare appearance, I have seen many old Copper Cents with that slightly reddish hue.
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6 hours ago, TON Collection said:
Thanks Ton, I was picturing something like a lucite embedded Cent not a hollow sphere with the Cent kind of free to move around.
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2 hours ago, TON Collection said:
Yes It weighs correct it just seems too perfect and color is different. It was inside of a little See-through crystal ball type thing And I broke it out of it and then ended up with Weighing correct
I have got to ask. Have you had the crystal ball for a while and just needed to find out about the odd-colored Cent or did you recently obtain the crystal ball and also decided you needed to find out about the odd-colored Cent? In my mind, an intact Crystal Ball with a Real Cent embedded might be worth a few dollars, a Broken Crystal Ball with either a fake Cent or real Cent is worth about a Cent.
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3 hours ago, Mohawk said:Honest truth? Okay, I'll give you my thoughts but they may not be what you want to hear.......
I think that they'll be like most other US Mint products that have been put out since 1999. They'll be hotter than the sun for a short while but once the moment has passed, they'll die. By this time next year, I think the premium will be gone because the novelty will be gone.
But......I could be completely wrong. The set does contain another ASE with a funny finish, and they sometimes defy logic. But, then again, it is yet another ASE with a funny finish......that could hurt it as well as help it. I think a lot of longtime collectors are getting tired of this kind of thing.
I am with Mohawk on this, although there are different finishes for both the ASE and Maple Leaf collectors, it is becoming too much and the market is starting to yawn. This reminds of my days pursuing comic books when all of a sudden DC and Marvel decided to maximize their profits by placing different covers on the same issue of comic, in some cases, over 10 different covers for the same exact content. At first they were red hot but a year later and to this day, they are worth zero premium over a regular issue with a single cover. The Canadian issue with different packaging (being the only difference) might do better since they only made 10,000 but in the end, they will not become investment grade material. My rule for all US Issues of the last 10 years, wait a year and pick it up for half price.
- Mohawk, Revenant and FairTradeAct_1935
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1 hour ago, Mohawk said:
You'll have to keep us posted as to how that experiment comes out Mokie....I've washed cents and clad coins but never silver. This could be quite interesting.
I finished the experiment already and honestly, the change in the appearance of the Dollar is so minimal that I can hardly see the difference. Maybe slightly more reflective? The pictures do not really help. But, bottom line, it made no dramatic improvement as far as I could see. Peace 1 is before, Peace 2 is after. BTW, the coin did migrate out of the pocket into the main tub, as is usually the case with my loose quarters, etc.
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I have pocket change that accidently stays in my pocket through a wash cycle and come out absolutely dazzling with brightness. Of course that's dangerous for a valuable coin as there probably lots of hairlines caused by the agitation, etc. I'm going to experiment with a dirty but relatively valueless coin and see if placing the coin in the laundry, protected from too much agitation, maybe gentle cycle. What will it look like at the end of the washing? I will place it in a pants pocket to further reduce its movement. I have a very ugly, very common, very bullion value only Peace Dollar, just right for this experiment.
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I am going all the way down to AU58.
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You did a great job, must feel wonderful to look at that coin now and love it even more.
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Greetings John,
I am a relative noob to this site also, I had been here years earlier but only back a few months. I can attest to the very high level of expertise and cordiality you will receive from all the veterans who have responded to this post. So keep those questions coming, you are now officially part of the NGC Forum Family.
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Now why did I think the coin was actually going to have a simulated bite out of its planchet. It is a very nice coin.
Spitting eagle$
in Newbie Coin Collecting Questions
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Good Eye, I always check my change but I have yet to find anything beside the occasional wheatie anymore.