I have found this again! I think I deemed this damaged! I remember that I have had this exact coin before. Maybe I shouldn't post this in an error forum, but I am sure that the reverse is a counter stamp? I ask this because there are a lot of die chips and weird things going on, on the obverse.
What you see on the obverse is damage. The reverse it has been done with a punch, not sure if it qualifies as a counter stamp
What do you believe those are on the obverse? Do you believe somebody might have dropped it on concrete maybe? You have the coin in hand. Look at it real hard. I think it's amazing you now have two like this in your collection as I don't even have one like this in mine.
I wouldn't post it if I believe that all of this is damage. Some of it looks like damage but i know there are a lot of die chips and trail die on the letters in liberty. yeah actually i do? Is this from some kind of machine or something? Yes it does look like damage at first glance. But to me the top of the letters in liberty looked a little like trail die. And the spot above liberty that looks damaged, kinda makes me think that the die chip at 11 oclock came from that spot above liberty in the rim. Kinda weird how you can't see a dent on the obverse, I was wondering if the die chips was caused by a stuck through due to the fact that the coin wouldn't be exactly level if something was on the reverse, wouldn't that cause die damage?. You get the picture at least?
I may look like an idiot for posting this but I have a method to my thinking. Just a lot of weirdness going on some of it looks like it could be die damaged. But I want to know if a struck through could cause die damage to the obverse if the struck through its on the reverse. Ants I don't have two examples, I threw this example back and found it again. Out of hundreds of millions of nickels, I find the very nickel that had me thinking before haha
The reason I asked if you used BoA is because I used to get all of my boxes from them until I quit searching rolls about 9 years ago. One thing I learned from the head teller (Laurie) was that BoA uses a central repository for the rolls that are distributed to branches within the region. I didn't know this at first, but I happened to mention to Laurie one day that I was finding some Kennedy halves that I knew I had found before because of the peculiar markings on them. It was then that she told me about the repository. All of the change (rolled or loose) that comes into each branch is transferred to the respository where it is counted, wrapped and used to fill orders from the branches. They continue to recirculate the change in this manner and only order additional rolls from the Fed if their supplies run low. I just thought you'd like to know. Maybe your branch uses the same procedure. Chris
oh okay so its the repository that makes the markings like this? im kind of confused why you told me this, and wish to understand it better
No, I'm not saying the repository made the mark. You said that you had seen this exact coin before, and I am just suggesting that the coin may have been recycled back through the repository once more for you to find. Chris
The obverse marks are PMD. There are a lot of marks/gouges on the surface indicating this nickel has had tough 53 years in circulation. A good rule of thumb is that when a coin is worn and and has other gouges and obvious damage, odd looking areas are also PMD (not 100% of the time but you get the idea)
Pretty much every bank/armored car service operates that way. Surplus coins are shipped back to the Armored car service where they are counted, rerolled, and stored. Then when a bank runs low they order coins and the order is filled from the stored coins, If the armored cars service stock gets too large they ship the surplus back to the Fed, if it gets low they get restocked from the Fed. But most of the coins in a given area tend to circulate and recirculate in the same area.
