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01-30-2008, 11:30 PM
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#1 (permalink)
| | Researching Coins
Join Date: Mar 2004
Posts: 11,791
My Mood: | !!!Read!!! Monroe dollars
Over on ECIE (Error Coin Information Exchange). It was told from a extremely reliable source that the Philadelphia Mint has inadvertently struck a whole bunch of Monroe dollars struck on quarter planchets.
The warning. Since the source says that there is a large number (10's of thousands...) out there please don't be bidding top dollar on a coin that is only one of many.
I think you will start seeing more about this error coming up in the next few weeks.
Speedy
__________________ Coin collecting is the only hobby in the world that you can spend all the money in the world and still have some left over
Last edited by Speedy; 01-31-2008 at 04:39 PM.
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01-30-2008, 11:32 PM
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#2 (permalink)
| | *The King Of Jokes*
Join Date: Jan 2007 Location: PA
Posts: 8,924
My Mood: |
I'll keep an eye out for it! Thanks Speedy! Man, will these errors ever stop?
Phoenix |
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01-30-2008, 11:43 PM
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#3 (permalink)
| | A closed mind is no mind
Join Date: Feb 2007 Location: Southern tip of that big pond known as Lake Michigan.
Posts: 5,943
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Thanks Speedy.
Not that I bid on this stuff anyway but how in the heck would so many get released? Is the mint that stupid?
Comparison for us currency/coin people. A few thousand $1 notes were just released without serial numbers!
Would never happen and has not happened unless I missed a big chunk of history.
Pumping up the interst in coins and "stimulating" the economy?
__________________
A closed mind is no mind at all...
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01-30-2008, 11:49 PM
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#4 (permalink)
| | You get what you pay for.
Join Date: Feb 2006 Location: Nebraska/Iowa
Posts: 5,245
My Mood: |
hmmm, would I ask for dollar rolls, or quarter rolls?
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01-30-2008, 11:49 PM
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#5 (permalink)
| | *The King Of Jokes*
Join Date: Jan 2007 Location: PA
Posts: 8,924
My Mood: |
I'm beginning to wonder if any mint employees or someone is doing this on purpose. Hmmm....
Phoenix |
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01-30-2008, 11:49 PM
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#6 (permalink)
| | The Lincoln-ator
Join Date: Jun 2007 Location: Dry Heat USA
Posts: 6,781
My Mood: |
Thanks...great heads up !!!
__________________
W.I.N.S / ANA / SLCC / Mesa Coin Club
I am a poker player ..."thats beyond trailer trash"
Joan Rivers on Celebrity Apprentice, 4/09
Hot Sauce Fanatic !!!
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01-30-2008, 11:52 PM
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#7 (permalink)
| | Numismatist In Training
Join Date: Dec 2007 Location: Colorado Springs, CO
Posts: 5,027
My Mood: |
Good grief! Doesn't the Mint perfrorm QC (Quality Control) any more? The press operator is supposed to check the coins coming out of the press every so often. All the coins are supposed to pass through a riddler so coins that are the wrong size are culled out.
The big question is . . . how did so many coins pass through the edge lettering machine? And, after thousands of plain-edge dollars being released in '07 doesn't anybody at least spot check these coins before they leave the Mint? (I guess not.)
If this is true I'd like to know . . . who is minding the Mint?
__________________ No state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money . . . - US Constitution, Article 1, Section 10 ANA LM-3799; OHNS LM-59; SUSCC R-4005. All coins stored in bank safe deposit box. |
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01-31-2008, 12:19 AM
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#8 (permalink)
| | Junior Member
Join Date: Jan 2008
Posts: 19
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sounds like a cool error even if there are thousands of em they will still be in demand.
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01-31-2008, 02:47 AM
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#9 (permalink)
| | Coin Hoarder
Join Date: Dec 2007
Posts: 710
My Mood: | Quote:
Originally Posted by Hobo If this is true I'd like to know . . . who is minding the Mint? | Who watches the Watchmen?
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01-31-2008, 05:40 AM
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#10 (permalink)
| | Coin Hoarder
Join Date: Jan 2008
Posts: 604
| Quote:
Originally Posted by Hobo Good grief! Doesn't the Mint perfrorm QC (Quality Control) any more? The press operator is supposed to check the coins coming out of the press every so often. All the coins are supposed to pass through a riddler so coins that are the wrong size are culled out.
The big question is . . . how did so many coins pass through the edge lettering machine? And, after thousands of plain-edge dollars being released in '07 doesn't anybody at least spot check these coins before they leave the Mint? (I guess not.)
If this is true I'd like to know . . . who is minding the Mint? |
10,000 goes by in about 3 minutes.. He or she could have been in the rest room for weewee. But 10's of thousands.. well thats a number 2.
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01-31-2008, 06:58 AM
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#11 (permalink)
| | Paul
Join Date: Apr 2006 Location: Jacksonville, FL
Posts: 802
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I hope they come to Jacksonville again =P
-Paul
__________________ My coin roll hunting finds:
614- 40%
270- 90%
1921 Morgan Dollar found on 9/25/07! |
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01-31-2008, 07:53 AM
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#12 (permalink)
| | The Other Frank
Join Date: Oct 2006 Location: New York
Posts: 17,759
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Originally Posted by cesariojpn Who watches the Watchmen? | Quis Custodies Ipsos Custodies.
(loosely: Who will watch the watchers.)
(and probably mispelled).
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01-31-2008, 07:59 AM
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#13 (permalink)
| | Darryl - Numismatist
Join Date: Oct 2006 Location: Steeler Nation
Posts: 4,617
My Mood: |
Thanks |
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01-31-2008, 08:39 AM
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#14 (permalink)
| | Researching Coins
Join Date: Mar 2004
Posts: 11,791
My Mood: | Quote: |
hmmm, would I ask for dollar rolls, or quarter rolls?
| From what I understand.....quarter rolls. Quote: |
The big question is . . . how did so many coins pass through the edge lettering machine?
| They said that they did go through th edge lettering machine...and may have edge lettering on parts of them....
Speedy
__________________ Coin collecting is the only hobby in the world that you can spend all the money in the world and still have some left over |
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01-31-2008, 04:22 PM
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#15 (permalink)
| | Old Newbie
Join Date: Apr 2007 Location: Ohio
Posts: 1,789
| Quote:
Originally Posted by cesariojpn Who watches the Watchmen? | Alan Moore
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