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Knowledge can be a beautiful thing! posted by Yankeejose

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  • Member: Seasoned Veteran

Would this be called cherrypicking myself?

 

Back in March my wife had given me David Bowers' Guidebook to Washington Quarters for my birthday. I enjoy and recommend his books for the collector that wants to learn more about a certain type of coin. Plus they are handy reference guides just to have in my coin library. I also have the books for Lincoln cents, Morgan dollars and Peace dollars. They can be found at a good price on Amazon. I especially like to read these books when I am short on buying cash but still need a coin fix.

For those not familiar with his books, he has a year by year synopsis and recommended purchasing grades. As I was reading through the book I noticed he referenced error coins- mainly doubled dies and D/S mintmarks. I figured what the heck; I will search through my raw coins to see if I have any of them. To my surprise I found what I think is a 1937 DDO- a double reverse. I did some more research on line and sure looks like it has all the DDO characteristics. According to the Bowers book "it is considered one of the most important varieties in the series". It probably will only grade out as a VF, but it is still a cool find! I went back through my purchase records and I bought this for $6.00 on eBay a couple of years ago. The seller did not know what he had and obviously either did I! Who knows what it could bring on the open market- Coin Values has $400 in VF. I usually find the CV prices to be kind of high, but who knows, I have not seen any on EBay to try and get an idea of what they are going for.

I should be getting a small bonus from work sometime this month. I will use that money to make my first submission to NGC. I will definitely roll the dice and include this coin in my submissions and pay the extra variety attribution fee. I have included a picture, not sure how good it will come out, my camera is not that good on close-ups. Happy hunting everyone and have a great 4th!

11641.JPG

 

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Nice find! your books have definitely paid for themselves! A little knowledge goes a long way towards enjoyment and yes profit in this great hobby of ours. Congratulations on your find.

Gary

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