by Recyclersteve » Sat Jan 02, 2016 4:04 pm
coolcoinz2017 wrote:I collect pennies, nickels, dimes, quarters and half dollars. Can anybody tell me what book they use to learn about all the coin errors out there. Also tell me what error you think is the easiest to find while coin roll hunting.
The errors that are easiest to find are those that aren't worth much and would be hard to sell at a premium above face value. In other words, most people would say they aren't worth the time spent hunting.
That said, something really hard to find (like a 1983 copper penny which weighs 2.6 grams and hasn't been acid treated to reduce it's weight), may be worth thousands if you got it certified by one of the major companies. I saw an article in one of the coin magazines valuing one at over $100k.
An example of something in between the two extremes would be the Wisconsin extra leaf quarters. Even though they are pretty cool looking, I haven't seen much of a market for them in at least five years or so. So you might want to try and find 1-2 buyers in advance before you waste a lot of time hunting for any errors.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.