You better believe it. http://www.ebay.com/itm/1-U-S-Gold-...47?pt=Coins_US_Individual&hash=item3f1c145beb
Interesting coin, never seen anything like it. In this case, the price doesn't seem unreasonable. I can never afford it though.
I don't understand. One of the photos has the image mirrored. The motto reads from right to left instead of left to right.....:scratch:
This occurs when a coin is struck normally, but does not eject from the die hub. Then another blank is fed in over the previously struck coin and struck. The coin that was struck first then acts as a die resulting in a mirrored image of the obverse on what was to be the reverse of the second coin.
I suspect that it is the image that is making it appear raised, but a brockage is incuse or sunken in to one side. Here is a little more information on how they are created. http://en.wikipedia.org/wiki/Brockage
I know how they are created. Thanks for the link though. It may be just the way the picture was taken. I got to thinking that after I made that last post.
Didn't mean to insinuate that you didn't know what you were talking about. The images are a bit misleading.
I have a question about your avatar. More so the coin pictured. In 1883 there were the nickels with and without cents. The mintage for the coins with cents is higher, yet worth more than the lower mintage of the 1883 without cents. Why is that?
I've heard of that seller before, big with errors and now big on his price tags to boot. Redickclueless!!
My avitar is a 1891 PR-64. The reason that the type 1 commands such less than the type 2 is simple. When the type 1 came out, it was a new design, so many people kept them. By the time the type 2 came out, there were already fairly plentiful in circulation and didn't get hoarded as much. The same thing could be said with 1909 Lincoln cents, 1932 Washington quarters, 1913 Buffalo nickels and the list goes on. Most every series has strong first year populations of high grede coins. For the proofs, the n/c liberty nickel is more expensive than its type two counterpart dispite having a much larger mintage. Please don't ask me to explain that one, it makes no sense to me.
Because when the second design came out everyone thought the first design would be recalled and would become rare so EVERYONE started hoarding all of them they could find. The second design was considered to be nothing special so they were allowed to remain in circulation and get worn down, lost and eventually redeemed. So today the lower mintage no cent variety is very common and easy to find in every grade while the higher mintage with cents coin is much tougher to find especially in better grades.
Makes sense to me now. Thanks for clearing that up for me guys. I have been wondering about that for a while.