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As with just about any asset, a coin's value is determined by its market demand. This means that coins in short supply often see higher demand -- and higher values. With coins, supplies are limited...
The over mint mark is created when a one date and mint mark is punched over another date, part of a date, or mint mark. These coins are generally restricted to the early minting process of coins dating before the turn of the century. The DDO and DDR errors are related to any part of the coin that shows a distinct doubling.
Like other coins, the value of errors is based in part on rarity and condition. In general, lower denomination errors are less expensive than higher denomination errors simply because more such coins are minted resulting in available errors. Due to improvements in production and inspection, modern errors are more rare and this impacts value. [3]
In general, older bills and bills with errors tend to sell the fastest and at the highest prices. Looking for a more reliable way to make money? Check out Bankrate’s list of the 10 best investments.
There are in more than 3,000 different VAMs however the coin certification company Professional Coin Grading Service (PCGS) does not recognize all of them. They recognize 52 VAM Peace dollars and 317 Morgan dollar VAMs [2] A VAM can be a small change in dies like a different sized mint mark, or something more dramatic like a repunched date.
The late painter and PBS icon Bob Ross famously said there are no such things as mistakes with art, only "happy accidents." When it comes to the art of coin production, those happy accidents can ...
Eagle reverse, 1932–1964 (Silver) Year Mint Mintage [1] [2] Comments 1932 (P) 5,404,000 D 436,800 S 408,000 1934 (P) 31,912,052 Doubled die errors are known.
Old coins are going for big bucks on eBay, and we found a few that you might just have lying around. Check out the slideshow above to discover if any of the coins you've collected could rake in ...