5p piece from 2008.

[RobJ 0]

Absolutely right Rob, and all points of view make for an interesting read, long may that continue.

Indeed.

im off now to check my change......

Good Luck!

[Peckris 579]

I'm with you, RobJ. I'm not sure I'd be happy selling one either. Someone said recently on this forum that finding interesting stuff in change was coin collecting at its purest - I like that.

Equally, fishing things out of change and flogging them on eBay has to be coin collecting at its least pure.

yes that would be coin selling then

I agree with you Declan.

I really would not feel at all comfortable selling one of those coins on E-Bay or elsewhere. To me personally, it is little more than profiteering.

The same applies to me for the '20p Mule' as well. I am fortunate enough to have obtained one from my change. However, I could never personally sell it for a grossly over inflated price simply to gain profit.

Hm. How about this scenario : you're an impoverished schoolkid in 1970. You've already been lucky enough to find a halfway decent 1926ME penny, and you get another one - not so good - in your change. Wouldn't you sell the spare any which way you can, to get some cash? Ok, eBay wasn't around then, but if it had been, are you saying you wouldn't have popped it up there? I'm not judging you, but I'd be interested in your reply to this!

Edited January 6, 2011 by Peckris

[declanwmagee 122]

You're absolutely right, the more I think about this one, the more I disagree with my original, instinctual view. Something to do with trawling through ebay too much, and wishing all the coins on it were the coins I'm interested in!

I like the 1970 schoolboy thing - I caught myself thinking about it while I was feeding the cows this afternoon, and imagining a stuffy old Victorian collector in about 1862 who can't be doing with this modern bronze rubbish. "Pah! Proper coins are copper!"

Imagine what he would have thought of the microvarieties of 1860 and 1861...

[RobJ 0]

Hm. How about this scenario : you're an impoverished schoolkid in 1970. You've already been lucky enough to find a halfway decent 1926ME penny, and you get another one - not so good - in your change. Wouldn't you sell the spare any which way you can, to get some cash? Ok, eBay wasn't around then, but if it had been, are you saying you wouldn't have popped it up there? I'm not judging you, but I'd be interested in your reply to this!

That is a very interesting scenario that you propose there Peckris.

OK, I would like to start by explaining what I meant when I said that I personally could not do that and try to explain the reason why.

For me, it is the people that put up for Auction a coin on E-Bay, for example, in light of the '20p Mule' situation, a '2008 20p With NO Date On The Front' knowing very well that the date is in fact on the REV, to simply make a profit out of someone. To me that is profiteering.

If however, someone were to put up for Auction on E-Bay the same item and it happend to make a profit by people simply bidding on it. To me that is making a profit.

I don't think that I'm naive enough to not be able to realise that this does not happen, it does, on a daily basis, and not only on E-Bay but in many different situations.

I'm also not here to argue the issue of morality or the rights or wrongs of someone choosing to do that, as it is their business not mine and I would not judge them for doing so, I also believe that I have no place in doing that.

It is just that I personally could not do that.

As for the scenario that you gave with myself being an impoverished child being lucky enough to obtain another example of a 1926 ME Penny from my change.

Would it be wrong of me to sell the poorer example to earn some money to help myself with my impoverished situation?

I'm not sure, but I think that I would have to say no, I probably would sell it if I were that impoverished and needed the money that desperately.

The reason being, as I stated, that I would not out to make a profit for profits sake out of someone elses misfortune but instead to help myself with my impoverished situation, If I were to sell it and it happend that I made a profit from doing so, then that would different to me than knowingly selling something with the intention of making a profit out of someone.

I hope that has explained things a little more clearly for you.

[Peckris 579]

Hm. How about this scenario : you're an impoverished schoolkid in 1970. You've already been lucky enough to find a halfway decent 1926ME penny, and you get another one - not so good - in your change. Wouldn't you sell the spare any which way you can, to get some cash? Ok, eBay wasn't around then, but if it had been, are you saying you wouldn't have popped it up there? I'm not judging you, but I'd be interested in your reply to this!

That is a very interesting scenario that you propose there Peckris.

OK, I would like to start by explaining what I meant when I said that I personally could not do that and try to explain the reason why.

For me, it is the people that put up for Auction a coin on E-Bay, for example, in light of the '20p Mule' situation, a '2008 20p With NO Date On The Front' knowing very well that the date is in fact on the REV, to simply make a profit out of someone. To me that is profiteering.

If however, someone were to put up for Auction on E-Bay the same item and it happend to make a profit by people simply bidding on it. To me that is making a profit.

I don't think that I'm naive enough to not be able to realise that this does not happen, it does, on a daily basis, and not only on E-Bay but in many different situations.

I'm also not here to argue the issue of morality or the rights or wrongs of someone choosing to do that, as it is their business not mine and I would not judge them for doing so, I also believe that I have no place in doing that.

It is just that I personally could not do that.

As for the scenario that you gave with myself being an impoverished child being lucky enough to obtain another example of a 1926 ME Penny from my change.

Would it be wrong of me to sell the poorer example to earn some money to help myself with my impoverished situation?

I'm not sure, but I think that I would have to say no, I probably would sell it if I were that impoverished and needed the money that desperately.

The reason being, as I stated, that I would not out to make a profit for profits sake out of someone elses misfortune but instead to help myself with my impoverished situation, If I were to sell it and it happend that I made a profit from doing so, then that would different to me than knowingly selling something with the intention of making a profit out of someone.

I hope that has explained things a little more clearly for you.

Sort of. I think! You're talking about not ripping people off by selling something supposed to be a rarity when in fact it's not? In which case, I agree with you 100%, I wouldn't do that either. But I WOULD sell a genuine rarity and hope to make a profit from that.

[RobJ 0]

Sort of. I think! You're talking about not ripping people off by selling something supposed to be a rarity when in fact it's not? In which case, I agree with you 100%, I wouldn't do that either. But I WOULD sell a genuine rarity and hope to make a profit from that.

Yes, that is exactly what I was trying to say Peckris.

Albeit in a rather long winded 'Around The Houses' way. lol

[numishoro 0]

i have one of these error 5p from 2008 with the 180 degree rotated reverse.Being a bus driver,i check all my change (and banknotes) for error, or anything unusual.As far as I am aware, there are only 7 of these error 5p that have been found.http://imageshack.us/a/img195/3289/error5p001.jpg"]My link

[numishoro 0]

I now have 2 of these 2008 error 5p,having acquired one in my change from a drinks machine at work yesterday.They do exist,but are extremely rare.To my knowledge,there are on 8 known so far.

[Rob 3,152]

I now have 2 of these 2008 error 5p,having acquired one in my change from a drinks machine at work yesterday.They do exist,but are extremely rare.To my knowledge,there are on 8 known so far.

If you are able to come across two examples, it seems likely that they are going to be rare (not) like the undated 20p, i.e. once people are aware of their existence, this stimulates the general population to look for other examples. It may be that they have a localised distribution having been part of a batch that was shipped to a specific region.

It might be a good time to sell one while there are relatively few examples known, because the price will stabilise at a realistic level once there is a feeling for ballpark numbers. The question you have to ask is 'Do I win the lottery?' If you believe that you are the only person finding these coins, then I suggest you buy a lottery ticket too because you really are luckier than other punters.

[ShaunR 0]

Hi all,

I've got one of these which i'd like to sell. I'm not a collector and have just stumbled across this site and thread whilst researching it. I'm not interested in ripping anyone off and would be keen to understand it's true value (i appreciate it may be subjective).

I have had a couple of offers, but wondered where the best place would be to advertise..it was on Ebay but i had lots of silly offers from abroad so i ended it as i got sick of the daft questions.

I've attached a picture, so i guess the tally is up to 9

Thanks in advance,

Shaun

[Rob 3,152]

Without a few examples coming to market there isn't a clearly defined price for them, but given the mint makes things in batches it would seem likely that a batch was made before the dies were changed. This would imply a value of about the same as the undated 20p's with a reduction because it is less obvious than the no date coins. Unless it catches the imagination of the general public it will only appeal to collectors which will reduce the price paid considerably as it is likely the supply will outstrip demand from this quarter.

[ShaunR 0]

Without a few examples coming to market there isn't a clearly defined price for them, but given the mint makes things in batches it would seem likely that a batch was made before the dies were changed. This would imply a value of about the same as the undated 20p's with a reduction because it is less obvious than the no date coins. Unless it catches the imagination of the general public it will only appeal to collectors which will reduce the price paid considerably as it is likely the supply will outstrip demand from this quarter.

Many thanks for the insight, appreciate it.