Why

[ausjack]

Ok just read all the posts on Greg's thread about the new book and made me think with the talk about rare and one off coins why errors aren't worth more because I have a couple that I have only ever seen one of and you can ask Uni as he's seen my 2009 $1 roo with handcuffs and there are other errors that are pretty rare so why aren't they worth more :angel:

[Unicorn]

....... and a very neat error it is too AJ!

[Nevol]

Error coins are only worth what someone is willing to pay for them and there are nowhere near as many error collectors as there are general collectors.

Most of my error coins aren't worth all that much due to being heavily circulated and I think it would be nigh impossible for Greg to be able to account for all the variables in his relatively small Guide.  

Maybe we need a thread along the lines of "How much is this error coin worth?" and see what error collectors think.

In fact, I'll put a thread up with that title and see how we go.  
AJ, if you like, you kick it off with a picture of your  2009 $1 roo with handcuffs.

[Robster]

I think the majority of collectors aim for perfection rather than 'out of the ordinary'. Perhaps I enjoy pre decimal errors and varieties because they are slightly broken, warped or imperfect.! (like me).:angel:

[autocoupler]

I reckon hype and interest from the general public is the key for increased value, I don't think a smallish pool of collectors will affect price much in the short term. If something is reported in the media that's usually a good start, and I'm wondering if Ian McConnelly's new error and variety book really does have them all, probably not.

[markn]

Large, obvious, easily understood and visually spectacular errors are worth more than small, hard to spot, and hard to explain errors.  Small cuds are generally worth less than most other varieties except for perhaps planchet flaws.

[ausjack]

Error coins are only worth what someone is willing to pay for them and there are nowhere near as many error collectors as there are general collectors.

Most of my error coins aren't worth all that much due to being heavily circulated and I think it would be nigh impossible for Greg to be able to account for all the variables in his relatively small Guide.  

Maybe we need a thread along the lines of "How much is this error coin worth?" and see what error collectors think.

In fact, I'll put a thread up with that title and see how we go.  
AJ, if you like, you kick it off with a picture of your  2009 $1 roo with handcuffs.

Oop's sorry I didn't mean for Greg to put it into his book but just read his thread and with everyone going on about rarity I was just thinking, "I wonder why errors are more popular/worth more as they don't seem to get much unless it's like Mark said and it's a huge well know error :angel:
:dodgy: I'm not real sure about Ian as it's been quite a long while now since I sent and told him about the 2012 50 cent bubble variety so couldn't be bothered sending or telling him about any more I've found, eg like the 3 different one's on the 2014 50 cent.

[Unicorn]

Don't worry AJ ...... there's many a member here that are always keen to see your discoveries! :good:

[ausjack]

Thanks mate :friends: You have a couple on the way with some that I passed on from another member so hopefully be there early next week with a bit of luck :good:

[Mister T]

I'm one of those collectors who prefers perfection.

Anyway, I'm not sure what motivates the majority of collectors but for plenty I would think a complete set of something is desirable, and that's where a 1937 penny for example will win over an error any day of the week.

[ausjack]

:laugh2: god I'm bloody hopeless, sorry team I posted the pic in the wrong thread so here it is

I'm one of those collectors who prefers perfection.

Anyway, I'm not sure what motivates the majority of collectors but for plenty I would think a complete set of something is desirable, and that's where a 1937 penny for example will win over an error any day of the week.

Yes I like perfection as well being perfect myself :blush2: :laugh2:
and like to make sets but sometimes it's really hard and the big coins put me out as I just can't justify spending that sort of money or having it wrapped up in coins but I hear what your saying Mister T :good:

[Robster]

Super error and a great example of a possible 'one of a kind'.!

[ausjack]

Thanks Robster, never seen anything like it before or since

[JeffH]

I think Mark is basically right. Here are the results of some of my recent error listings on ebay;
•2005 PEACE $1 DOLLAR coin with HAT CUD   Start price $2   no bid
•2001 Centenary of Federation $1 DOLLAR with Rim Cud   Start price $3   one bid
•2008 $1 dollar "DOUBLE TAIL"   Start price $4   one bid
•2001 VOLUNTEERS $1 DOLLAR coins (2) with RIM CUDS   Start price $4   one bid

However, in the same period I have sold nineteen $1 rabbit ear errors at an average price of just over $6.20 each. I don't know why they sell so well as I would not rate them higher than a rim cud. They are certainly much more common.

[ausjack]

I rest my case your honour! Yes there's something about people knowing about the error makes them more sort after and really errors shouldn't make it out of the mint