coins worth keeping

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marlenaprpl
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coins worth keeping

#1 Unread post by marlenaprpl »

I have been looking up on the internet to see if certain coins with mint errors are actually worth keeping even in bad condtion and I cant find a good answer. Can anyone on here try and explain this to me because I have been holding onto tons of coins that have good mint errors or others but some are in bad condtion and some not so bad condtion. Does it even matter if some are rare and/or worth a lot of money in good condtion? I collect all coins by making sets ,keeping errors, low mintage ect. Coins that are lets say 100 years old and extremely rare to find that even in somewhat bad condtion some people are willing to pay $1000's for and some that are pretty new, rare with big time mint errors with maybe a tiny scratch not worth anything. I have looked up sites about series of coins that are worth the most like top 50 pennies ect. But most only give prices of best condtion not best and worst condtion comparison prices or if different conditions matters like a scratch , stain or smudges ect. How do I tell what's what without looking up every individual coin with different condtions per coin?

marlenaprpl
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Posts: 14
Joined: Sat Sep 12, 2015 7:15 am

Re: coins worth keeping

#2 Unread post by marlenaprpl »

Here is some that's not worth much of anything that I have found but have mint errors with bad or good condtion. The Utah quarter has die chips in his hair and in a bunch of letters front and back and other errors on his neck line and hair at the end but not in the best condition. The 2015 nebraska quarter is in excellent condition but has weird error above house.
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Re: coins worth keeping

#3 Unread post by Daniel »

Minor errors are rarely worth anything above the coin's face value so if they're in low grade or damaged condition then they're going to be worth face value. Lamination errors, die chips, die cracks and such are just not dramatic enough to add any value to a coin, they're great for studying die states and stages, but not for much of anything else.

Lincoln Cent BIE errors, where there is a die chip between the B and I of LIBERTY, are the lone exception for die chips, and if you find a CUD then that's a die break that adds a premium. Otherwise the minor errors just don't add value. A guess I should add the Jefferson Buffalo Nickel (Speared Bison) and the Sacagawea Dollar (Wounded Eagle) that are die cracks that have become varieties because several have been found with the exact same die crack, but again, those are exceptions.

The doubled dies and repunched mint marks do add some value and some are extremely valuable but most are not, so what you keep and what you spend depends on if you care about the money or not.

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