Odds of Finding Errors In my Spill?

Discussion in 'Error Coins' started by Walking Sterling Silver, Oct 9, 2014.

  1. Walking Sterling Silver

    Walking Sterling Silver 16 Years Old and Love to Learn

    What are my odds of finding an error coin based in my picture below? image.jpg
     
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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Anything is possible, but more importantly, it depends on what you might consider an error that others here might not.

    Chris
     
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  4. Walking Sterling Silver

    Walking Sterling Silver 16 Years Old and Love to Learn

  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I wasn't being sarcastic. Maybe you don't realize how many people post what they consider errors that really aren't worth mentioning. So, what kinds of errors do you hope to find?

    By the way, the error below was found in a 200-coin Mint bag.

    Chris

    2001-D 50c REV Slab.jpg
     
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  6. Walking Sterling Silver

    Walking Sterling Silver 16 Years Old and Love to Learn

    Well I'll probably go looking through cents. I got around 150 of them. I've skimmed through them overall but never really LOOKED through them. I have a poor close up view and poor judgement of die errors. Any suggestion of what to look through especially because of common errors. Errrors I'm looking for are ones that are worth something. I have a cent book 1941-1981 probably errors in there but I don't want to take them out. Hard to see them through plastic.
     
  7. Walking Sterling Silver

    Walking Sterling Silver 16 Years Old and Love to Learn

    Are you good at spotting die errors?
     
  8. non_cents

    non_cents Well-Known Member

    There is no real accurate statistic on what the chances are that you will find something. You could go through 1000 cents and find nothing, or go through a single roll and find a repunched mintmark. My advice would be to read up on some different errors and varieties and focus on looking for those ones first.
     
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  9. furryfrog02

    furryfrog02 Well-Known Member

    You either get lucky or you don't. I've gone through boxes and boxes and boxes with literally nothing to show for it and then BAM! good find after good find. Good luck.
     
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  10. Walking Sterling Silver

    Walking Sterling Silver 16 Years Old and Love to Learn

    I found something! Machine Doubled D 1992D mark! You can somewhat see it in the photo. I made sure it was real. Know the cost? image.jpg image.jpg
     
  11. furryfrog02

    furryfrog02 Well-Known Member

    I can't see it in the picture. If it is MD then it's worth a whopping 1c :)
     
  12. Walking Sterling Silver

    Walking Sterling Silver 16 Years Old and Love to Learn

    Dang it! It's the D where you can see it. Obviously it's machine, they don't hand do me anymore I don't think. You can see the doubling in the 2nd pic more. Toward the bottom. Hard to see.
     
  13. stldanceartist

    stldanceartist Minister of Silly Walks

    Another polite tip:

    Hold your coins by the edges...

    :)
     
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  14. Walking Sterling Silver

    Walking Sterling Silver 16 Years Old and Love to Learn

    I try to. I forget sometimes.
     
  15. Walking Sterling Silver

    Walking Sterling Silver 16 Years Old and Love to Learn

    Also I'm going through pocket change. Heavily circulated cuff.
     
  16. bsowa1029

    bsowa1029 Franklin Half Addict

    I was thinking the same thing.


    My guess would be 5% at finding anything worth a second look. And that could be something as small as a coin being struck slightly off center, maybe even only by 2 or 3%.
     
  17. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Unless it is a major error, you're not going to find anything worth much from heavily circulated coins.

    By the way, machine doubling is very common and not worth anything.

    Chris
     
  18. Walking Sterling Silver

    Walking Sterling Silver 16 Years Old and Love to Learn

    Oh well I will find something though. Although it turned out its a plating issue with the coin.
     
  19. Conder101

    Conder101 Numismatist

    It really depends on how major an error you are hoping to find. Grease fills and MAD coins are very common and you have a fairly good chance at finding one of those. Minor die chips such as clogged mintmarks are also common. Die cracks can often be found especially on Memorial cents. Clashed dies, or overpolished dies to remove clashes. All of these can be found fairly easily and have little or no value. Then on pre-80's coins repunched D's are a possibility. Most are very close and most of them are not worth much.

    More major errors such as clipped planchets, off-centers, multiple strikes, off-metal strikes, etc are a lot rarer and while it may be possible to find them in a random group of pocket change the odds against it are a LOT higher. More like the lottery (Not the grand prize, but matching four or five numbers) By all means search, just don't make any plans on what you are going to spend your profits on.

    And machine doubling is not considered an error, it is a form of damage.
     
  20. Walking Sterling Silver

    Walking Sterling Silver 16 Years Old and Love to Learn

  21. Walking Sterling Silver

    Walking Sterling Silver 16 Years Old and Love to Learn

    Still.a cool find though.
     
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