Hey fellow collectors! Recently, I dove deep into the 1942-P Type 2, and wow, what a journey it has been! I started collecting these primarily for their unique design and historical significance. I decided to trade a couple of my duplicates and was surprised by how different the market can be, depending on condition. I encountered everything from clean, shiny examples to some that looked like they’d been through a war zone!
One trade lesson really stood out to me: always check the original sources of pricing. I initially relied on a popular online guide, but after discussing with a couple of seasoned collectors, I realized that actual market values can vary significantly in local shops and online. The condition really matters—so it’s crucial to discuss details, like whether the coin has been cleaned or if it shows any wear, as these factors can swing the price.
I’m curious to hear about your experiences! Have you faced similar issues when buying or selling the 1942-P Type 2? What tips would you give to someone just getting into trades? Looking forward to your insights!
Great topic, CoinHunter89! My experience with the 1942-P Type 2 has been quite the rollercoaster. I remember buying my first one from a local coin show. It looked stunning, but I later found out it had been polished, which dropped its value significantly. This taught me to always check for numismatic grading and not be afraid to ask questions.
- Condition matters immensely.
- Research before buying or selling.
- Network with fellow enthusiasts.
Have you come across good resources for checking coin conditions? Looking forward to hearing others’ experiences too!
4 Likes
Thanks for the input, @SilverSeeker22! I definitely learned about how important it is to inspect coins personally. I’ve found that local forums or shows often have helpful resources, like grading guides and actual pricing data. Do you think seller reputation plays a big role in how you value a coin?
2 Likes
I’ve been collecting for decades! I remember trading a 1942-P Type 2 back in the day. The market wasn’t as dynamic as today, but condition still ruled all. I advise any newbies to join local clubs. It offers great learning opportunities! One funny moment was a trade I made where I thought I was a genius, but it turned out to be from a different year! Makes for good stories now, but lessons were learned. Any similar tales out there? NGC has some helpful resources, too!
3 Likes
Haha, @OldCollectorDan, that’s hilarious! I had a similar experience when I bought my first Type 2. It was advertised as uncirculated, but when I got it home, I saw the obvious wear. I’d suggest using PCGS for authenticating and grading. They really know their stuff. Anyone else have tips for detecting altered coins?
2 Likes
Hey all, I’ve had a pretty positive experience with the 1942-P Type 2! I’ve sold a couple online and found that good photography makes a huge difference when presenting the coin. Always highlight the details, including any flaws, so potential buyers know exactly what they’re getting. Transparency leads to better trades! 
1 Like
Does anyone else find it annoying when sellers don’t disclose a coin’s history? Especially for something like the 1942-P Type 2 where condition can vary so much. I had a bad experience where I bought one claiming to be pristine, but it had been cleaned. It’s crucial to protect the integrity of our hobby! @CoinHunter89, what’s your view on this?
2 Likes
@NumisNerd, I completely agree! It’s frustrating when sellers are not upfront about a coin’s past. Transparency in our dealings helps build a stronger community. That said, I’ve started looking into buying from reputable dealers only. Good business practices matter so much!
1 Like
Lesson learned! I tried to sell my 1942-P Type 2 at a coin show—was excited to get a good price. But I felt overwhelmed by all the noise and didn’t research beforehand. I ended up accepting WAY less than it was worth! Definitely recommend doing your homework before a show. Anyone else have tips for staying focused at these hectic events? 
3 Likes
I completely relate with @CoinCollectorKaty! Coin shows can be chaotic, and the pressure to make a quick sale can cloud your judgment. I usually take a friend along to help me stay grounded. What do you all think helps prevent hasty decisions at shows?
2 Likes