Hey everyone! I’m pretty excited because I recently stumbled upon a ‘First Strike’ coin from 2021 in my collection that appears to have a few errors. Initially, I thought it was a standard piece, but upon closer inspection, I spotted what looks like some die cracks and possibly a double strike on the edge. I’m really curious about how these errors could affect its value as it seems quite pristine otherwise.
I’ve done some research, particularly on the grading scale and how errors like this could vary in significance. I understand that ‘First Strike’ coins can carry a premium, but does the presence of these errors potentially increase its worth? I’m also wondering what specific characteristics I should be looking for to determine if it’s more than just a simple error and if any particular varieties of this coin are known to be more collectible.
I’d love to hear your thoughts! Have any of you found interesting errors on ‘First Strike’ coins? What resources do you recommend for evaluating error coins? And do you think it’s worth getting this one graded before selling or trading it? Looking forward to some great discussions!
Hey CoinHunter92! It’s exciting to find a ‘First Strike’ coin, especially with potential errors! Die cracks and double strikes can definitely enhance the value of your coin. From my experience, coins exhibiting errors like these can attract a premium. Here are some key points to consider:
- Condition Matters: Even minor scratches can reduce value, so assess the overall condition carefully.
- Popularity of Errors: Certain errors, like off-center strikes or repunched mint marks, are more sought after than others.
- Grading Services: I recommend getting your coin graded by a professional service like PCGS or NGC to confirm its grade and any errors. This can help with value assessment.
In terms of worth, have you checked recent auction prices for similar coins? That can give you a good benchmark!
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Thanks, @CoinExpertBob! I totally agree about getting it graded. I’ve seen coins with just a small error go for a decent amount on auction sites, so I’m really curious about the specific value of my find. Appreciate the tips on condition too; I’ll be careful with that!
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Hey CoinHunter92! That sounds really interesting! I’ve come across a couple of ‘First Strike’ coins with errors before, and I’ve learned that double strikes can be particularly valuable, often fetching hundreds of dollars! Look carefully for:
- Orientation: If the double strikes are misaligned, it can increase the appeal.
- Mint Marks: Check if your coin has a W or another mark; it can add to its collectibility.
For resources,
US Mint has some great info on varieties! How are the edges looking? Sometimes errors are less obvious there.
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Great points, @NumismaticNerd! The edges do look a bit odd, which makes me think it might be a significant error. I need to double-check the mint mark as well. Thanks for the heads up!
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Hey there! I think it’s definitely worth getting it graded, especially if you’re considering selling it. I’ve had experiences where error coins I thought were significant turned out to be just minor ones. I recommend documenting everything, including pictures and details of the errors you see, before sending it in. Plus, some people joke that if you find two strikes, you might want to stop at one ‘strike’ when submitting it for grading! 
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Haha, @CollectorJill, that’s a funny way to look at it! I’ll be sure to document everything before sending it out. I really appreciate all this feedback—makes me feel like a valuable member of the collector community!
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Hey CoinHunter92! Just a quick note—if you do get it graded, make sure to send it to PCGS or NGC rather than a less-known service. The established ones have much more trust in the market, which can ultimately affect resale value! Good luck with your grading!
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Thanks for the reassurance, @SilverStacker99! I’ll definitely stick to the well-known grading services. It’s so helpful to have opinions from folks who take collecting seriously.
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Hey everyone! Just to add my two cents—if you find out there’s a significant error and you’re contemplating a sale, consider holding onto it a bit longer. The value of first strike coins with errors can really fluctuate based on market trends. Always good to have a watchful eye on auction results and trends. Keep us updated on what you find, @CoinHunter92!
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Absolutely, @EasyGoingEddie! I’m in no rush to sell, and it helps to know that I can monitor the situation. I will keep everyone in the loop about the grading process and potential findings!
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