Values of coins?

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  • Jacob
    Member
    • Jun 2012
    • 1737

    #1

    Values of coins?

    I was wondering would a coin have different values due to die stages? Would a EDS have more value than a MDS and LDS due to sharpness of coin? It came across my mind because a doubled die is listed as one value but felt an EDS would carry even more premium than any other die stages. A lot of doubled dies only show the class I,II,III, etc in EDS and just thickness or faint doubling in MDS and LDS.
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  • pennies4pennies
    Member
    • Dec 2008
    • 3293

    #2
    Yes they do have different values. The early stages show more detail and bring a higher value then a later stage which shows less. Just for a example the CPG on my nickels states
    ( finding an early-die -state specimen that is well struck is quite difficult, and such a coin would command a high premium. The over all strength of the strike is the important factor in the value of the coin.)
    Last edited by pennies4pennies; 02-01-2014, 10:45 AM.
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    • coop
      Member
      • Jan 2012
      • 2754

      #3
      You probably won't find a listing for them in different die states. Probably only coppercoins is the only one that denotes these so far that I know of. But I look for the EDS examples more when I'm looking at coins. Probably down the line the grading companies might note this, and then the price guides will note it.
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      • pennies4pennies
        Member
        • Dec 2008
        • 3293

        #4
        I have some slab coins in which they do say what stage they are from Anac. But you need to right it down when you summit your coin. This one is in stage but I have had ones that had eds and so on.
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        Last edited by pennies4pennies; 02-01-2014, 10:52 AM.
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        • admrose
          Member
          • Jan 2013
          • 1077

          #5
          Assume the listed price is for an average MDS strike. Adjust upwards for earlier die states and downwards for later ones. Mind you the difference isn't huge, but die state does play a role in value.
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          • JC Stevens
            Paid Member

            • Feb 2011
            • 1104

            #6
            Originally posted by coop
            You probably won't find a listing for them in different die states. Probably only coppercoins is the only one that denotes these so far that I know of. But I look for the EDS examples more when I'm looking at coins. Probably down the line the grading companies might note this, and then the price guides will note it.
            CONCA CD "The Lincoln Cent RPM Book: 3rd Edition Vol. 1: 1909-1958 by James Wiles" list die states as Die Stages and States. It list the coins by Die Stage and Markers Chart & a Value and Population Guide" for each listing.

            Note this a great CD, I whish they had one for Memorial Cents.


            Last edited by JC Stevens; 02-01-2014, 11:06 AM. Reason: Correct typo
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            • liveandievarieties
              TPG & Market Expert
              • Feb 2011
              • 6049

              #7
              Die states have only gained wider appreciation in the last few years. Still, most collectors don't seem to feel strongly about them, but I believe that will come in time.

              If I had my choice of an EDS and MDS in the same grade, I'd go for the EDS every time. It was only about 2 years ago that ANACS began denoting EDS or Stage A examples (when requested). That, in combination with the greater use of Coppercoins as an attribution website is making more people aware, but I believe that we're still years away from regularly seeing premiums paid for EDS examples of die varieties.

              It's no secret though- for regular coins, early die state specimens produce the finest, highest grade and some of the most lustrous examples in existence. Most experienced collectors would rather have sharp, crisp examples than those lacking detail.
              [B][FONT=Franklin Gothic Medium][SIZE=2]Chris & Charity Welch- [COLOR=red]LIVEAN[/COLOR][COLOR=black]DIE[/COLOR][COLOR=blue]VARIETIES[/COLOR][/SIZE][/FONT][/B]
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              • mustbebob
                Lincoln Cent Variety Expert
                • Jul 2008
                • 12758

                #8
                Coppercoins is in the middle of addressing this very issue with the upcoming new web site. Our pricing will be a bit different, but would still be considered a guide. The primary pricing would be based on the raw coins value without any error or variety. In addition to that price, we will assign a percentage multiple that is added to the price. This percentage will indeed take die state into consideration. We are still working on a few bugs, but ultimately what we are wanting to do is have the new pricing structure in place and be able to update it at least 4 times a year.
                For some varieties, we currently tell you in the die description that there is a significant price difference based on die state. A good example would be 1963D-1DO-001.

                Bob Piazza
                Former Lincoln Cent Attributer Coppercoins.com

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                • liveandievarieties
                  TPG & Market Expert
                  • Feb 2011
                  • 6049

                  #9
                  '63-D is a perfect example Bob, thanks for reminding me. You all can check out Coppercoins to see the difference. Nearly all examples out there are MDS, which only shows doubling inside the 3.

                  Earlier this month I bought a group of middle of the road slabbed varieties- MS64s, PR-65s, etc. There was an ANACS MS64 '63-D die #1- a coin that usually is worth about $20-25 WHEN slabbed, less than $15 raw. But this example was the sharpest EDS I've ever seen, VEDS in fact- I was happy to pay a much stronger price. When I find the right person for it, they'll be eager to buy it for $100.
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