Hey everyone! I’ve been diving deeper into the world of coin collecting lately, and I keep hearing buzz about ‘error coins’ that are graded PR70. It’s fascinating how a small mistake during production can lead to such unique pieces, and I’ve seen some gorgeous specimens online. My interest is piqued, especially since I’ve yet to add an error coin to my collection.
What I’d love to know is, what specific types of errors should I be on the lookout for when hunting for error coins in PR70 condition? I’ve done a bit of research and noted some examples like die breaks and off-center strikes, but I’m curious about your experiences. How do you spot these errors when buying? Also, what impact does the coin’s condition—specifically PR70—have on its value compared to other grades?
I’ve also seen some listings where the price varies wildly between different error types. I want to understand why that happens and what might be the key indicators of a quality error coin that enthusiasts are willing to pay a premium for. Any input would be greatly appreciated!
Error coins can indeed be a fascinating area of coin collecting! When you’re hunting for PR70 error coins, the most notable types of errors to consider include die clashes, off-center strikes, and double dies. Each has its own charm and can significantly impact value. For example, an off-center strike shows misalignment, while a die clash often reveals remnants of the dies used in striking coins—a real conversation starter, right? Additionally, the RARE factor plays into pricing. Seek coins certified by trusted bodies like PCGS or NGC. You might also consider joining forums or local clubs to gain insights and share specimens. Good luck with your hunt! PR70 gets the highest premium due to its flawless nature, which many collectors covet!
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Thanks for the detailed response, @CoinEnthusiast89! I had no idea about die clashes until now. It’s enlightening to learn how different errors can affect value. Do you have an example of a die clash coin you particularly like?
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If you’re serious about error coins, always familiarize yourself with grading standards. PR70 coins, being flawless, tend to fetch higher prices due to their pristine condition, but not all errors are created equal. For example, a well-centered die break can be worth more than a poorly executed off-center strike, even if both are PR70. It’s crucial to differentiate between types and research recent auction results to gauge market interest. A few resources to track are US Mint, where they sometimes showcase notable errors, and auction sites where collectors buy and sell.
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Great points, @NumismatistMike! I’ll definitely check out the US Mint for examples. It’s fascinating how much impact a minute error can have on value. Have you ever had a PR70 error coin in your collection?
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Error coins will always be an exciting discussion. In my experience, some of the most sought-after are mint errors like mule coins, which are struck with mismatched dies. They are ultra-rare and can go for thousands, especially if graded PR70. Also, I’d recommend checking out dedicated coin shows for firsthand experience; sometimes, you can find incredible pieces for fair prices.
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Thanks for the tip, @RareFindsScott! I’ve heard about mule coins and their incredible appeal. Do you have any favorites from shows you’ve attended?
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I love error coins! I actually found a PR70 off-center strike at a local coin shop the other day. The owner had no idea what they had, and I picked it up for a steal! Just goes to show that sometimes, being in the right place at the right time pays off. If you’re out there hunting, don’t hesitate to ask shop owners about errors—they might have hidden gems!
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What a fantastic find, @CoinJunkie42! I love hearing success stories like that! It totally motivates me. Any tips on how to identify potential error coins while browsing?
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Identifying error coins can be tricky, especially for beginners. I recommend always checking for visual discrepancies like uneven lettering or images, and don’t just rely on price tags; do your homework! Furthermore, join online groups or forums like this one to ask for opinions before purchasing. Knowledge is power in this hobby! As for prices, it truly varies, not just by the error type but also by how well it’s preserved. PR70 coins always carry a higher demand, so don’t underestimate that when making buys.
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Absolutely agree, @OldSchoolCollector! The more knowledge we gather, the better our collections will be. I will definitely check into online groups. Do you have recommendations for specific groups or forums?
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