A Lesson Learned – Don’t Make My Coin Auction Mistake
June 28, 2025My Journey: Retiring from Teaching After 30+ Years to Focus on Coin Collecting
June 28, 2025After years of hunting error coins, I can tell you there’s nothing quite like the thrill of uncovering a mint mishap. Each one feels like a little piece of history gone wrong, and I’ve picked up some valuable lessons along the way. Let me share a few of my favorite finds and what they’ve taught me.
Memorable Error Coins I’ve Encountered
Over the years, I’ve stumbled upon some truly jaw-dropping errors. Here are a few that still make me smile:
- That famous ‘penny on dime’ error – what a showstopper! It never fails to start conversations at coin shows.
- A double-struck nickel I once held – the ghostly second image created by the misalignment was downright mesmerizing.
- An accented hair variety in MS 66 CAMEO grade. Seeing how condition elevates such an error really sticks with you.
- A 1995 coin with two full dates – videos of these helped me spot details photos often miss.
Identifying and Grading Error Coins
Here’s my approach: I always start by studying the fields closely under good light – that’s where doubling and other surprises like to hide. Grading matters tremendously too – that accented hair coin taught me how high grades like MS 66 CAMEO can transform value. Keep a loupe handy to check luster and strike details. And remember this distinction: varieties are planned design changes, while errors are genuine minting mistakes. Getting that right saves a lot of headaches!
Collecting Insights and Market Observations
From what I’ve seen at shows and auctions, coins like that ‘penny on dime’ really capture attention and premiums. Errors with solid documentation – especially clear images or videos – tend to spark more collector interest. If you’re just starting, I’d suggest looking for common errors like off-center strikes. They’re affordable teachers that help develop your eye without emptying your wallet.
Practical Tips for Aspiring Collectors
If you’re new to error coins, here’s what I’ve learned from my own collecting journey:
- Search through everyday pocket change first – you’d be amazed what slips into circulation!
- A decent magnifier pays for itself when examining fields and edges for small anomalies.
- Store your treasures in acid-free holders. Double strikes especially need protection.
- Talk with other collectors! Some of my best discoveries came from swapping stories.
I get a real kick out of sharing finds like these – half the fun is hearing what others have uncovered. That’s the magic of error coins: there’s always another surprise waiting. Keep looking and happy hunting!