Coin Dealers Refused This Rare Penny Until Graded

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  • Опубликовано: 27 дек 2024

Комментарии • 91

  • @spyder8986
    @spyder8986 3 дня назад +22

    Just goes to show, not all coin dealers are experts at grading coins. and im sure not all coin graders can operate a coin business.

    • @doxer678
      @doxer678 3 дня назад +11

      Hell, a lot of coin graders can't grade coins.

  • @posterboyrob
    @posterboyrob День назад +1

    Well done. People do not realize the close margins that so many businesses run on. If you ask me you paid him a great price!

  • @kristinebailey86
    @kristinebailey86 2 дня назад +4

    Congratulations to the finder of the close am . !!!! Well done.

  • @robertfrye5161
    @robertfrye5161 3 дня назад +3

    nice find for the guy. You bought it to show the collecting public is fantastic. I know a guy who used to do the same thing, buy boxes and search, He bought a $25 box of 1992 Lincolns. The rolls were all bu but quality was all over, from Ms 60 up. In what he said was the worst roll, in the middle was a gem. He sent it in to PCGS and it came back 69Rd, at the time it might have been top pop

  • @belindalee1275
    @belindalee1275 3 дня назад +2

    Thanks Daniel, have a MERRY Christmas

  • @Ceedubious
    @Ceedubious 2 дня назад +1

    Great news! I recently started my winter searching. 2000+ nickels and quarters, and 30,000+ cents. A few DDO/Rs, RPMs, and what appears to be a small collection dump of full red 60s.

  • @jasoncutter9592
    @jasoncutter9592 3 дня назад +1

    This is such a surprise how much these were going for. I found one and I was just going to put up for about five bucks raw on ebay…thank you for posting this video, great information…

  • @markabner5094
    @markabner5094 3 дня назад +2

    Thanks Daniel. He found a nice hit from hm searching. Things like this are out there, just gotta look and know what you're looking at.

  • @_CYB0RG_
    @_CYB0RG_ 3 дня назад +6

    You know I didn’t realize the close AM’s were going for those kind of prices. That was a big score from roll searching. Amazing!

  • @danieldevite668
    @danieldevite668 3 дня назад +2

    Merry Christmas Friend

  • @asheland_numismatics
    @asheland_numismatics 2 дня назад +1

    The reason they wouldn’t buy it is they probably don’t have a market for it…

  • @jdzazz4155
    @jdzazz4155 3 дня назад +5

    Some years ago, I had a 1931-s Buffalo nickel in ms65 that I wanted to part ways with. Dealers at my local coin shows told me what it’s worth, but had no interest in buying it. One of them told me they just don’t have any demand. I was surprised at how difficult it was to sell.

  • @TheShmeebitdog
    @TheShmeebitdog День назад +1

    I found a 1992 close AM last year it’s in my pile to send off for grading some day

  • @scotttousey227
    @scotttousey227 3 дня назад +4

    Good for you congratulations on your find

  • @fyxley1939
    @fyxley1939 3 дня назад +1

    I have the coin Daniel was just talking about. I would estimate it is at least in MS63 or 64 condition. I don't sell coins so it really doesn't matter. I see coins on You Tube and other places that are supposedly quite valuable, as this one is, but when you look them up on PCGS and other places the opposite holds true. PCGS shows the value of a 1999-D Lincoln cent in MS-63/64 grade at $4. Mine has the A/M flaw which supposedly makes it more valuable.

    • @discovermotivation762
      @discovermotivation762 3 дня назад +1

      @fyxley1939 ya it makes it complicated on what the real values are

  • @swilliams937
    @swilliams937 3 дня назад +6

    Decent payday for him. Awesome to hear!

  • @steventeter3332
    @steventeter3332 2 дня назад +1

    Our soul coins for cool my grandpa had silver dollars Indian Head pennies Buffalo nickels things like that. I found a dime in my mom's Garden when I was cleaning it up that was in great condition and it was a 1944 Roosevelt dime. I looked up a Roosevelt dime online and they said it was worth about $9 silver value. Didn't realize they didn't start making Roosevelt times till 1946. I put that dime in a little box with a 1944 wheat penny that I found with no mint mark I put it in storage it's somewhere I've been looking high and low for that damn dime cuz I know that thing is worth money. I called some coin dealers and left messages on their phone but nobody ever called me back she probably thought I was pulling their leg

  • @deanr1963
    @deanr1963 3 дня назад +4

    Nice find. Thx Daniel have a Merry Christmas

  • @RonKarlaCook
    @RonKarlaCook 2 дня назад +1

    merry christmas

  • @lannlann
    @lannlann 2 дня назад +1

    A $1000.00 for a stinkin zinc coin with the A and M barely touching? Not impressed.

    • @CoinHELPu
      @CoinHELPu  2 дня назад +3

      Because you don’t understand it’s a variety and it’s not about your feelings. One thing you need to learn is life doesn’t revolve around your feelings, and life is bigger than you.

    • @mikegruber3888
      @mikegruber3888 День назад

      @@lannlann they are extremely rare. It would make my day to find one.

  • @philliphaworth3387
    @philliphaworth3387 2 дня назад +1

    I’m looking for some serious help. Is this the best platform to submit questions to you? I have a roll of all 1958D pennies, all in amazing shape. The first one I looked at has die chips on the obverse and reverse. The roll is marked uncirculated by a banker. I finally got the courage to open the roll (there are 20 different rolls, all pennies, rolls are various years) today. I want to do this right, so I thought I would reach out to you. Where do I send pics of that first coin to show you what I’m talking about? Can you help me, or direct me to someone who is able to help? Spotting errors on the first two made me super anxious and I want to make sure I do this right. Thank you for your channel and all the info you share on the subject!

    • @CoinHELPu
      @CoinHELPu  2 дня назад

      I don’t help like that nor do any dealers I know of. You should be watching my videos, they will teach you, if you’re not willing to do that then you’re not going to benefit from anyone trying to teach you otherwise.
      I have over 1,700 videos and playlists. You can learn a lot more than seeking someone you can send pictures too.

    • @philliphaworth3387
      @philliphaworth3387 2 дня назад +1

      I’ve watched MANY if your videos. I’ve looked deeper into these coins and may feasibly have a virtual goldmine. I may be highlighting your and 5 other “we want to help you with your coins” channels that simply refuse to answer any questions put forth from subscribers. Your answer has been received and recorded. And you are now unsubscribed. Thank you, but no thank you.

    • @CoinHELPu
      @CoinHELPu  2 дня назад

      @@philliphaworth3387 I help with coins by my videos and help community. You acting like this is cutting off your nose to spite your face. If you’re serious about learning the values of your coins then you will use my advice, not make immature comments like this. I make my living buying and selling coins, and you would have learned a lot watching many of my 1,700 videos.

    • @mikebarushok5361
      @mikebarushok5361 2 дня назад +1

      In the first minute of every one of Daniel's videos and under the video description he tells you where to submit front and back images and get help from the community.

    • @CoinHELPu
      @CoinHELPu  2 дня назад

      @ thanks, but people like this are just on here to bash channels that don’t do things the way they want.

  • @Supercheeseburger666
    @Supercheeseburger666 3 дня назад +3

    I copied down the dates from your video from the past about the variety pennies and look for them myself. So far, I've found nothing, but it's fun anyways. Thanks for sharing. 👍👍

  • @joehrlein847
    @joehrlein847 3 дня назад +1

    Daniel, Merry Christmas!

  • @scottymoondogjakubin4766
    @scottymoondogjakubin4766 3 дня назад +4

    I cant imagine how much a close AM would would fetch at a grade 68 - 70 ! $$$$$

  • @steveharrasser6109
    @steveharrasser6109 3 дня назад +4

    I have found several error coins and bills and I haven't had any graded yet. One is a Lincoln cent with part of the Lincoln memorial building stamped on the bust of Lincoln on the front. Haven't seen anything yet like it. Not sure what it might fetch. Plus several bo " FG" s and some misaligned green seals and numbers on a few one dollar bills. Still looking through my huge pile of change from just saving up my pocket change. I just started up again collecting coins and bills especially error one's.

    • @leechild4655
      @leechild4655 3 дня назад +1

      I have heard of these type of strike errors but also they can sometimes be a coin that was hammered leaving a imprint on it like it might have been some kind of re-strike error. If the odd strike is concave or print sinks into the coin, and is a reverse of what it normally would be it may be a `post-mint damaged` coin and carries no premium. But if checked out by someone that knows what to look for, it would have some value. How much is the question. May not be all that much all things considered. Really a coin is only worth what someone is willing to pay, and the ranges can be all over the place. Good luck.

    • @CoinHELPu
      @CoinHELPu  3 дня назад +3

      There's no restrike errors on pennies, it's more than likely a die clash which is very common, you just need to use error-ref.com for your error resource.

    • @leechild4655
      @leechild4655 3 дня назад +1

      @@CoinHELPu correct. i couldnt find the term die-clash for some reason. cheers!

  • @franciskegler
    @franciskegler 2 дня назад

    I have a 1911 wheat penny I will like to

  • @RockinFinds
    @RockinFinds 3 дня назад +2

    Uniqueness/interesting coins every minute, every day and every generation just waiting to be discovered. However, some coin dealers are not prepared for this new discovery. Coin dealers are not in business to make collectors rich.

    • @CoinHELPu
      @CoinHELPu  3 дня назад +1

      You have this all wrong, this is an actual error from the US Mint, that's the only errors anyone is going to buy, and they must be verified and attributed then catalogued as a mint error or variety.
      It is a process, not just discovering something different, thinking it's a new discovery or that dealers aren't prepared or don't want to let collector's make money.
      I don't get this pointing fingers at coin dealers for why you're not rich or not finding good coins. It makes no sense at all, the only advantage a dealer has over a collectors is their greater amount of knowledge and the amount of coins they actually handle.

    • @scotttousey227
      @scotttousey227 3 дня назад

      Blue ridge silver hound puts out alot of good videos on mint errors he seems pretty knowledgeable on his videos

    • @CoinHELPu
      @CoinHELPu  3 дня назад +1

      I have all kinds of videos and a mint error guide and help community, no reason to need Blue Ridge, if you're already here.

  • @GalXsea-Class
    @GalXsea-Class 3 дня назад +4

    Awasom for him.

  • @the_big_dog813
    @the_big_dog813 3 дня назад +4

    Nice, gives me hope searching bank cents. ;)

  • @Draylis64
    @Draylis64 3 дня назад +2

    AWESOME! Thanks Daniel!

  • @michaelaskay
    @michaelaskay 2 дня назад +1

    Probably rob finds treasure.
    Found it😮

  • @TheTrueSonOfFire
    @TheTrueSonOfFire 3 дня назад +4

    Buy the coin not the slab comes to mind 😂

  • @franciskegler
    @franciskegler 2 дня назад

    Buy

  • @jessies1509
    @jessies1509 3 дня назад +2

    I have a few of those ungraded. I’m in CA

  • @scotttousey227
    @scotttousey227 3 дня назад +1

    I got a very nice 1941 s nickle great shape it even has stairs left on it the front looks even better with very little ware lots of detail left

  • @StephenKozlowski
    @StephenKozlowski 3 дня назад

    Thanks for sharing marry Christmas

  • @brandondolan6626
    @brandondolan6626 2 дня назад +1

    Why is everything with you always negative man, quit taking everything so serious man.

    • @CoinHELPu
      @CoinHELPu  2 дня назад

      LOL. Pot calling the kettle black, stop watching if you don't like my style, but don't be negative about me and my videos if you don't like negativity. You only see what you want to see. Figure that out.

  • @JamesBowman-vk4ob
    @JamesBowman-vk4ob 2 дня назад +1

    Merry Christmas to you and your family God bless you and think of Jesus Christ on his birthday .

  • @danlavoie147
    @danlavoie147 3 дня назад +2

    I have also found a 1992 D close AM. I want to get it slabbed however I'm not comfortable doing so because I have never done it.

    • @kd6836
      @kd6836 3 дня назад +2

      I hadn’t until a few years ago. I called and spoke to a person at NGC and she was very helpful, same thing at ANACS. If you’re interested, I would just call. I think ANACS still doesn’t require a membership so it is a little less expensive. In this digital age, we forget we can sometimes call and talk to a live person. Sometimes

    • @Draylis64
      @Draylis64 2 дня назад

      That was the first coin, I've ever had graded. Luckily ANACS was there at the coin show when I was trying to sell it. It was very easy, just filled out some paperwork and they sent it back to me about 3 weeks later. I was amazed that the dealers didn't want to buy it, I would have taken alot less and let them certify it. Oh well, it all worked out, the hunt continues to find another......

  • @jeffreyarbogast4735
    @jeffreyarbogast4735 3 дня назад +1

    . . . . oh, and congrats to the finder !!!!!!

  • @AlexjuarbeAlex
    @AlexjuarbeAlex 3 дня назад +1

    Wonderful variety I would have bought it too because there are not many of that variety If I’m not mistaken!! I think I know the RUclips video in which Digging Dive got it in a Lincoln cent hunt live!!

  • @jeffreyarbogast4735
    @jeffreyarbogast4735 3 дня назад +1

    Authenticating and grading of this variety is an absolute must for a dealer. Primarily, despite the rarity/scarcity of the piece, it is quite esoteric and desirable by a select few. Sure . . . it has a market, but I know as a local dealer, I can sell 20 S-VDBs or 14-Ds for every person who walks up (actually, no one ever has???) looking for a " Close 'AM' ". Let's face it . . .these varieties are not exactly like a 55DD or 3-legger. If I am going to try to market an AU 1992-D "piece of pocket change", I REALLY want it in a TPG holder so at least I have a chance to refute the guys who walk up and wonder if I am trying to sell a cent I picked up off the ground in the parking lot on the way in.

  • @markkaidy8741
    @markkaidy8741 3 дня назад +1

    Hello Daniel...Good price but watch your margins....does it make sense to sell at a 10% margin( $995-$900) when you have a 5% off sale and 3% paypal fee.....Stay well and make $$$ :). Merry Christmas !!!

  • @TheQuickSilver101
    @TheQuickSilver101 3 дня назад +1

    It's interesting that dealers wouldn't buy the coin. I feel like coin dealers (and collectors for that matter) have gotten worse at grading and spotting coins since I have been collecting. I have to wonder if they/we are depending too much on grading services to do the work for them

    • @CoinHELPu
      @CoinHELPu  3 дня назад +1

      It's from too much inconsistency from all the different grading companies, many coin dealers feel like they've been burned on their grading submissions. People don't believe me, but I know this as a fact.

  • @typeviic1
    @typeviic1 3 дня назад +2

    ANACS forgot to add "RB".

    • @CoinHELPu
      @CoinHELPu  3 дня назад +6

      It's not MS, so that doesn't apply.

    • @RockinFinds
      @RockinFinds 3 дня назад

      Maybe he didn't pay for additional wording? More words, more fees.

    • @CoinHELPu
      @CoinHELPu  3 дня назад +1

      @@RockinFinds you do not know how all this works, your previous comment shows this. It's best to listen and learn before making incorrect assertions.

    • @RockinFinds
      @RockinFinds 3 дня назад

      @@CoinHELPu What does a brown label mean on a coin?

    • @TheWinstonDouble
      @TheWinstonDouble 3 дня назад

      ​@RockinFinds It's just a cent that has turned brown. Any copper lower than MS-60 is automatically assumed to be brown, so they don't put it on the label. If this coin were MS-60 or better, they would have given it a "BN" designation based off of the colour. No extra charge.

  • @akita853
    @akita853 2 дня назад +1

    i do know how the Lincoln penny that i have ., from my grand parents., so i will sale in メリカリ 日本🇯🇵

  • @alexiourtchevski4062
    @alexiourtchevski4062 3 дня назад +1

    Damn, nice coin....

    • @Draylis64
      @Draylis64 3 дня назад

      Took me years to find it. Got a few penny boxes, hopefully I can find another.

  • @RockinFinds
    @RockinFinds 3 дня назад

    For some reason, I could not find this error or indifference on older Lincoln cents/pennies. I found close "AM" mostly in 1990 and early 2000 Lincoln cents, and I have several of them. Even if it is graded the value is still a little high, because it is not one of a kind etc. Just my two cents and a half.

    • @CoinHELPu
      @CoinHELPu  3 дня назад

      Only 1992 is worth anything with a Close AM, please error-ref.com for your information source.

    • @RockinFinds
      @RockinFinds 3 дня назад

      @@CoinHELPu I have 1992 "close AM" too.

  • @quarter-py4nr
    @quarter-py4nr 3 дня назад

    Good morning everyone! Have you created any shows about close/wide AM’s ? I have found a few, just toss them in my recheck one day box. I have searched lots of pennies, so don’t think it’s an easy task! Merry Christmas to EVERYONE!!

  • @GbsConst.remodel
    @GbsConst.remodel 3 дня назад

    I have one it's looks alot better then that one