2013 Purple Coronation $2 Naked

[trout]

Where did you get all the other fluff?

Out of my bellybutton :laugh2:
I have NEVER heard of anyone getting thrown in jail for drilling a coin and using it for a pendant.:ok:

[Coins from Vending]

*snip*

*moderator edit* You were told that discussion on this issue was to cease until further notice.

[markn]

On another point too, I read that **moderator edit the moderator edit** and got coat hangered for it.

What is the going rate for these $2 coins in your opinion, anyone can answer that??

I'd be interested to see the values???

Do an eBay completed item search.

[trout]

*snip*

*moderator edit* You were told that discussion on this issue was to cease until further notice.

I SOOO want to reply to this post but I bow to Moderation and will hold my toung :ok:

[Coins from Vending]

I have done a sold auction search that covered 3 weeks which is why I asked the question, I know what the average sale price of these coins is when you factor in the all the costs associated with buying this coin individually and in batches to accumulate 100 of them.

[Fulvio]

...average sale price...

Isn't it obvious yet that nobody else cares? What the price is today, what it was yesterday and what it will be tomorrow may all as well be random numbers, none of which reflect actual value.

There are 2 million of these things. They are being rationed so nobody can corner the market. They are also susceptible to being stashed, and destroyed in circulation. Their value therefore is completely unknown, even compared to similar mintages which did not have the same distribution characteristics.

I reckon ten bucks long term, but that's just a number plucked out of thin air.

Mark and PP:
The reason for calling mistrikes flaws rather than errors is that they are unique, and therefore not able to be included in an error collection. If you wanted to collect a full set of errors, you could. Even if there are 20 different error types on one coin, there are many examples of each and every one, so you have a shot at it. But there is only one single example of any given flaw, whether it is a cold shut or a brockage. So that's like trying to include the Mona Lisa in your collection of art prints... simply not gonna happen.

[markn]

But there is only one single example of any given flaw, whether it is a cold shut or a brockage. So that's like trying to include the Mona Lisa in your collection of art prints... simply not gonna happen.

Broadstrikes can be more off center than one another, they can be spread out more than one another.  Same with off-centers.  Same with ram-strikes.  Saying one broadstrike is equivalent to all others is flawed logic.

[Coins from Vending]

Actual value is todays value, like stocks and shares they move around but you can only buy them at todays value. The average price of these coins including postage has been $9.35, now factor in all your time buying, bidding, paying buyers, collecting deliveries etc, and $10 a coin is pretty much market value, so I am scratching my head why that Sulla fellow got hammered for selling them at what is market value. If anyone here has these coins and they want to sell them for face value I'll buy everyone you have off you right now.

After all very few ppl here sell anything of value at face value and no one here sells anything on here or on Ebay at a sizeable discount of its current value.

[Fordprefect]

The Ignore list works :yahoo:
Never had to use it before on a coin forum.
:wavemulticolor:

[purplepennyhunter]

Actual value is todays value, like stocks and shares they move around but you can only buy them at todays value. The average price of these coins including postage has been $9.35, now factor in all your time buying, bidding, paying buyers, collecting deliveries etc, and $10 a coin is pretty much market value, so I am scratching my head why that Sulla fellow got hammered for selling them at what is market value. If anyone here has these coins and they want to sell them for face value I'll buy everyone you have off you right now.

After all very few ppl here sell anything of value at face value and no one here sells anything on here or on Ebay at a sizeable discount of its current value.

Rules of this forum are that you must have 50 posts to sell things. These rules were made by forum members. Please stop flogging this horse.

[Fulvio]

After all very few ppl here sell anything of value at face value and no one here sells anything on here or on Ebay at a sizeable discount of its current value.

Why are you :dead_horse:

I can get these at $2 with a bit of legwork and luck. So can anyone else. IF someone offers me $10, I'll take it. Who wouldn't? But I'm a collector, not a dealer. And so are most here. Who cares what the "market" is doing, especially when its a BS market like ePay? So do us all a favour and give it a rest, willya?

Mark, you prove my point, you see? Every one is individual, and no two are the same. Just like all types of flaws. And unlike all the types of errors, where many identical examples exist.

[markn]

Mark, you prove my point, you see? Every one is individual, and no two are the same. Just like all types of flaws. And unlike all the types of errors, where many identical examples exist.

OK I got confused there because of your fuzzy border between a flaw and an error.  Let's go back to the beginning.

An error is something that goes wrong with the minting process. Such as a die breaking for example. Not the use of different dies, which is a variety. Nor an accident such as a cold shut, out-of-collar strike, misfeed or similar, which are flaws.

An error is something that goes wrong with the minting process.  Agreed.  It is extremely arguable that a die breaking is unintentional.  I was a mechanical engineer in a former life and I'd bet you a dollar they PLANNED on dies cracking.  They just didn't care.  It's all part of die wear and back in the day with the lack of options with regards to tool steel it was most likely completely unavoidable unless you wanted to produce a very low number of coins with each die pair.

A cold shut or a lamination flaw could arguably called "flaws" because I guess they are technically not problems with the minting process.  They are, however, problems with the process that makes blanks and if you're going to look at it holistically then they ARE problems with the minting process.  If, for example, an off-metal planchet gets into a drum and is struck then that most definitely IS an error.  And 99.9% of people would call it so.  But, in isolation the minting process has worked fine.  It's the material handling prior to the minting that has failed.  But the process as a whole has failed.  So, it's an error.

And finally:

out-of-collar strike, misfeed or similar

To say these aren't problems with the minting process is just silly.  They are by their very nature, problems with the minting process.  A blank fails to feed properly.  A problem with the press.  The collar die doesn't return.  A problem with the press.  One of the dies is loose and an off center strike happens on one side.  Again, a problem with the press.  A coin is struck twice because the feeder fingers don't remove it.  A problem with the press.  A coin adheres to the top or bottom die and brockages occur.  A problem with the press. All instances of the minting process not working properly.  And thus errors.

Honestly Fulvio you're creating distinction for the sake of it.  I'd suggest you take a look at the book "Official Price Guide to Mint Errors" by Alan Herbert.  He's quite happy to call everything an error.  And then sub-classifies the error by the stage of the minting process which is the root cause of the error.  For example, all cold shuts, lamination flaws, split planchets, and off-metal planchets would be under the "planchet division errors". Die cracks, hub doubling, cuds, collar breaks, and die scratches would be under the "die division errors".  And so on.  It's a sensible way of dividing things up as it looks at the root cause of the error.  

He also quite cheerfully admits that the lines between a variety and error are blurred.  And I agree.  Take the 2000 $1/10c mule.  It was made in error.  If they made just 1 would it be an error rather than a variety?  How about 10? 100? 1000?  At what point does an "error" start being a variety?  Of course there's no answer and that's why I think it's silly to try to set hard and fast rules.  Call a 2000 $1/10c mule an error and I'll agree with you.  Call it a variety and you won't get an argument from me either.

[robbiegal]

Rules of this forum are that you must have 50 posts to sell things. These rules were made by forum members. Please stop flogging this horse.

thanks for the reminder PP
I had forgotten that and there are a few new members with items that they have expressed an interest in selling
maybe we (i.e. other forum members) need to remind new members about that in the future

[Fulvio]

...He's quite happy to call everything an error...

We could just call them all "coins", which would also be accurate, though not very productive.

Since we are collectors, our interest really lies in the end product, not the processes by which they occur, except as a means to understanding what they are. As such, we need to distinguish not between where in the process something went wrong, but rather on what we have in our collections, and why.

To call everything an error serves us no real purpose, because we can search forever for say a split planchet, or an out-of-collar strike or whatever, and never find it. Why? Because the one we saw on eBay or in a catalogue was the only one in existence. We may find one similar, but never the same.

By differentiating between repeatable errors and unique one-offs we know what we can and what we cannot reasonably expect to find. Its like seeking a set of upsets or a set of rabbit ears. Both are doable, because even the rare ones are not unique. However seeking a set of cold shuts or off-centre strikes is completely pointless. There IS no set to collect. So lumping them all in to the error basket only serves to muddy things.

And yes, there are things that sit on border lines. Off-metal strikes and mules for example. Varieties? Yes. Errors? Mmmm, maybe yes. Flaws? I'd say not, even though there may be a single example struck. As you say, its not just about numbers.

[jimmy1979]

Hi all,

I believe defacing a note or coin is illegal, however look at this story the Daily Telegraph ran in March this year. Link below:

The many faces of Queen Elizabeth etched illegally

The funny part, is the headline states "illegally", but then they copy the pictures and post a link to the guys website for everyone to see the rest. Am I missing something here??