2000-P Sacagawea Dollar Wounded Eagle

[HeartWith02]

Not sure if this is an error or variety but it looks like a wounded eagle.

[mustbebob]

It is not a variety. The 'Wounded Eagle' name came from people who thought this simple crack/gouge looked like an arrow and made some money by saying that. There are tons of names associated with certain minor errors. I personally think it is nothing more than a way some people will separate hard earned money from other people who either don't know, or don't care about what the anomalies really are..

[CoinHunter]

But it is what they call the "wounded eagle" nice find!

[HeartWith02]

I found another one. It's on the end of a roll. Maybe I have a whole roll of them!! LoL!!

[CoinHunter]

That's crazy!

[CoinHunter]

In MS-63, they are worth over $300!

[CoinHunter]

Even in AU-58 they are worth $175 (according to the PCGS price guide). Are you hunting a dollar coin box or BU rolls?

[HeartWith02]

Even in AU-58 they are worth $175 (according to the PCGS price guide). Are you hunting a dollar coin box or BU rolls?

Been searching rolls and boxes of halves looking for silver and DDO's for quite a few years. Killing time in-between my main coin collecting goals. I find it relaxing.

More recently, I've been hitting quarters boxes. Never thought I would ever have a chance finding W quarters... But back in late 2019, I decided (just for the heck of it) to get a handful of rolls from a local bank. I was shocked!! They were new machine wrapped rolls of 19-P's with some brand new W's mixed in!.........Been hooked ever since! It's pretty much dried up the past 5 or 6 months. I had W's coming out of my butt for the past couple of years!

Many many times over the years, tellers would ask if I wanted these small dollars coins. I never wanted them. Just never got into these coins. No one really wants these coins. Banks couldn't get rid of them.

However, with this current coin shortage nonsense!!!...........I'm having a hard time getting boxes of quarter. So I decided to help some of the tellers and take these dollar coins off their hands. Initially, I didn't even know what I should be looking for! Just did a quick search on-line and the cherrypickers guide for the 'MOST" significant errors or varieties. This wounded eagle popped up.

I'm still not 100% sure of what else I should be looking for.

To answer your question: Yes, I'm hunting/searching boxes of dollar small coins, individual rolls or loose dollar coin the teller may have. I'm not buying BU rolls, if that's what you mean. Only what the banks have.

[mustbebob]

I am just kind of curious especially with the membership here right now. My question is: 'Would any of you actually put out $175 for an AU58, or $300 for an MS63 copy of this Wounded Eagle die gouge?' Would you EVER expect to recoup that money if you tried to sell it? Why would you pay that?

Just curious...

=BOB=

[HeartWith02]

I am just kind of curious especially with the membership here right now. My question is: 'Would any of you actually put out $175 for an AU58, or $300 for an MS63 copy of this Wounded Eagle die gouge?' Would you EVER expect to recoup that money if you tried to sell it? Why would you pay that?

Just curious...

=BOB=

I for one would never buy one, period.... Many do thought. Check eBay. But I would sell it for that! Just not sure if I would spend the money to get it slabbed.

But that's why we're all here, right? To see if any of this stuff is significant or has value to buy or sell, right?

[CoinHunter]

I also probably wouldn't pay that much for one... ...even if they are kinda cool.

[mustbebob]

I think part of my point about the question is that the people who are selling these are not true collectors, but folks who are looking to take advantage of people who don't know any better, I can't see anyone paying that sort of money for a common scratch, but I am willing to bet that they are not knowledgeable numismatists.
Of course...what you do with your money is indeed your business. You are correct in that a site like this will hopefully prevent someone from spending that sort of money. We can only hope we get through to someone before they are back on eBay trying to sell their mistake to someone else. This same conversation can be had about hundreds of other coins given fancy names. EBay is full of uneducated or crooked people trying to make a buck.

[HeartWith02]

I think part of my point about the question is that the people who are selling these are not true collectors, but folks who are looking to take advantage of people who don't know any better, I can't see anyone paying that sort of money for a common scratch, but I am willing to bet that they are not knowledgeable numismatists.
Of course...what you do with your money is indeed your business. You are correct in that a site like this will hopefully prevent someone from spending that sort of money. We can only hope we get through to someone before they are back on eBay trying to sell their mistake to someone else. This same conversation can be had about hundreds of other coins given fancy names. EBay is full of uneducated or crooked people trying to make a buck.

Yes, eBay and other sites are full of fakes, frauds and counterfeits. Here's an original thought........buyer beware.

You said: "sell their "mistake" to someone else." What do you mean by mistake? Do you mean, damaged or PMD?

You also mentioned that there are tons of names associated with certain minor errors. Are all those names on slabs certified by TPG'ers? It's all about making money, including the TPG'ers.

[mustbebob]

What I meant about selling their 'mistakes' is that someone finds out after the fact that they had spent a lot of money and bought what could be described as a worthless error based on a fancy name someone gave them. They then attempt to sell it to recoup some of the money. These normally don't work out too well and they find out they were taken. Of course, some people don't mind putting out that kind of money, but I can't see them doing it for financial gain such as for reselling for a profit.

As far as a TPGS putting some of these names on their slabs...I haven't a clue as to why. I personally don't deal with any of the TPGSs, but that is my choice as I don't believe in selling what I have.

[HeartWith02]

What I meant about selling their 'mistakes' is that someone finds out after the fact that they had spent a lot of money and bought what could be described as a worthless error based on a fancy name someone gave them. They then attempt to sell it to recoup some of the money. These normally don't work out too well and they find out they were taken. Of course, some people don't mind putting out that kind of money, but I can't see them doing it for financial gain such as for reselling for a profit.

As far as a TPGS putting some of these names on their slabs...I haven't a clue as to why. I personally don't deal with any of the TPGSs, but that is my choice as I don't believe in selling what I have.

Well I guess technically, a true mint error is a mistake the mint made. Yes, I guess there are many worthless (or not worth buying) "Mint Errors" out there. ......struck thru's, die cracks, slight misaligned dies, etc...

Unless you're a dealer, grader or a professional numismatist writing books............. you don't usually see the words "coins and profit" in the same sentence. It's just a hobby for me. I never know a financial advise that suggested adding coins to your portfolio.

The reason the TPG'ers put the names on the slabs, is for profit. It's a business, they make money.