1944 silver dime mint error? Value?

Discussion in 'What's it Worth' started by TSilver, Jan 27, 2016.

  1. TSilver

    TSilver New Member

    Hello All,
    Enjoyed reading so many posts!
    I have a 1944 US dime with what appears to be a mint error?
    Is it particularly valuable with the flaw? Thanks in advance!
    TSilver
     

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  3. furryfrog02

    furryfrog02 Well-Known Member

    What exactly do you think is the error?
     
  4. swamp yankee

    swamp yankee Well-Known Member

    Looks like the last 4 was "hit" or removed in circulation,PMD
     
  5. TSilver

    TSilver New Member

    Thanks Swamp,
    It doesn't look like it was "hit" as there is no flattening and doesn't show any sign of sanding as it matches the color perfectly. It looks more like something was blocking the number from the punch. Is that possible? Thanks!
     
  6. TSilver

    TSilver New Member

    Sorry, didn't point out the flaw. The last "4 is flush with the surface instead of raised. Same color, same complexion.
     
  7. Insider

    Insider Talent on loan from...

    Originality is the key here. The 4 is weak. Probably a partly filled die as the rim is strong.
     
  8. TSilver

    TSilver New Member

    If I took it to a expert and they said it has something to do with the die and it is an error -is it worth much more than normal?
     
  9. Insider

    Insider Talent on loan from...

    IMO, NO...in fact, from what I find going through old silver coins in the shops I frequent, most dealers would "melt" it.
     
  10. tpsadler

    tpsadler Numismatist

    It would be a 90% type value coin. I do not see anything that would make this coin anything other than a PMD. Value Today = (Market Spot Now 14.38) x .10 x .715
    at best :)
     
  11. James S

    James S Low Mintage

    $1.04
     
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  12. Kapimono

    Kapimono Active Member

    Not really an error, just grease in the die. Happens a lot...no extra value.
     
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  13. Treashunt

    Treashunt The Other Frank

  14. Collecting Nut

    Collecting Nut Borderline Hoarder

    Looks like a grease filled error so it's not PMD and not worth much over melt value. Welcome to CT. :)
     
  15. TSilver

    TSilver New Member

    Thanks to all who responded. Darn...
     
  16. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    .07234 x $14.38 = $1.04

    Chris
     
  17. tpsadler

    tpsadler Numismatist

    .07234 if you do not account for weight difference and age .. .0715 is an industry standard that attempts to account for silver lose with time. @cpm9ball as an absolute you are correct.
     
  18. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Personally, I think that "industry standard" is just a secondary method of paying less for bulk silver on top of the 10% or 20% or so that buyers knock off the top for their profit margin.

    Can anyone tell us who came up with that number and what calculations were used? How many millions of coins were used to arrive at that number? Maybe it is a fictitious number that was passed along because someone said, "It is so!"

    Chris
     
  19. tpsadler

    tpsadler Numismatist

    The number .715 is calculated by major market silver buyers to assist with the times (X) market instead of .7234 with is the absolute market of silver.. If you have a large volume of silver it would be best to work off of cleaned, troy weight. Most people are willing to accept that coin in question is worth 1.00815 than buy a scales, clean their Dime and ask 1.040393.
    It is my understanding major market buyers use this number instead of the alternative of buying large quantities underweight 90% .. and using the proverbial bigger truck philosophy. :)
     
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