Hello all ! I`m a newbie here and I salute you all ! Like you I collect coins since I`m a youngster. One of my friends gave me this coin. Back in 1996, he used to work at McDonald`s and found this penny in a brand new roll from the Canadian Royal Mint. I took pictures of it besides a normal 1996 penny. I took obverse, reverse and side pics. In 1996, the penny was .980 copper .005 tin and .015 zinc. I wonder what this penny is all about. It`s thinner, off centered and has sided and non sided circonference. Does anyone know what could of had went wrong in creating such a piece ? Any ideas in a value range it might be worth ? Thanks a 1000 times. Luc
Possibly struck on debris -- like a feeder finger -- but it seems to have been a disk prior to striking. I'm sure Mike Diamond could denounce the feeder finger theory (or support it) or, more likely, give a better answer. By the way, welcome to the forum.
Looks like a genuine error to me (i.e. not coated in some other metal). My guess is that it could be stuck on a Canadian dime planchet, but I'm not sure if it would turn out as wide and a normal cent would (or, in fact, wider). Someone will probably come along shortly with a better answer. Definitely hold on to that one, though.
Bingo, struck on a ten cent piece planchet. It is off centered because being smaller it didn't land centered in the coining chamber. Part of it shows the sides and part doesn't because it was closer to the sided collar on one side and there wasn't enough metal to fill the sides and rims because the beginning planchet was smaller, a harder alloy, and the press was set for a thicker planchet so the pressure of the strike was lower than normal. A lower pressure strike on a harder alloy, it is surprising it struck up as well as it did.
I'm no expert on errors at all, but I'm thinking dime planchet. How much does it weigh? That'll help determine if that's what it is.
Hey all, Thanks for the warm welcome ! The penny is actually non magnetic compared to 10 cents witch are nickel and attracted to magnets. So I`m wondering what metal composition it is ? Could it be that the planchet that was struck was an error in the alloy used as for pennies ? I don`t wave a scale to weight it but it is lighter that an actual penny but it is also thinner. Maybe the planchet alloy was mostly tin (silvery lustrous gray ) or zinc (bluish pale gray). The penny is shiny gray so my guess is that the planchet was a defect in the first place ??? Could that be so ?? Thanks
Since it is not attracted to a magnet, it's most likely struck on a foreign planchet. Canada strikes coins for many countries. It's value would hover around $100 - $150.
It appears to be a candidate for certification, grading and attributing (of the error) by a TPG! You might want to wait until you have a number of coins to send in, so that you might get a discount on multiple submissions. Frank
mikediamond, thanks a lot for the info, very much appreciated ! It`s a pity though for maybe a unique coin like that, maybe the only in the world , that it`s worth no more than a 100 bucks... Oh well, thanks again my friend ! :thumb:
huntsman53, yes I agree. I found a TPG near my place and will get 4 units evaluated. I got this weird penny, a brass looking 1970 penny, a very nice 1964 xwl 5 cents and a great looking 1919C 50 cents from Newfoundland.... By the way, what is the cost to get your coins evaluated by a pro ??? Thanks Luc
Luc, I am not a good one to ask about the cost for certification, grading and error attribution as I only sent one coin into ANACS and that was years ago! I am sure that there are quite a few folks on Coin Talk that submit coins and hopefully someone will post you an answer about the costs. Frank
I hope the TPG near you isn't one of the fly-by-nights. I would suggest for something like this only sending it to either NGC, PCGS. I've heard too many error collectors say that they don't trust ANACS with error and variety coins much any more. To send in this coin you will more than likely need to find a dealer near you that can send to those companies since you need to fill out some papers to join their club (Or be a member to the ANA or Ebay). It will cost from NGC around $40 IIRC, and around $70 from PCGS I think. Speedy
