2001 D Jefferson Nickel struck on already struck Cent (6 cent piece)

Discussion in 'What's it Worth' started by Brian Nguyen, Jun 12, 2018.

  1. Brian Nguyen

    Brian Nguyen Active Member

    Hi! Everyone,
    I got this coin for a while now. The other day I brought it to my local coin dealer just to have them look at it. Then, guess what guys, they offered me $1500 for it without the slabbed (RAW). They said it might get up to MS67 Red. But, I refused to let it go. I'd been searching every auction sites , but the max it goes up to was around $1400. I wonder why do they offer me that high, so, I went back there a week later and asked them again. They responded was "Well, they have a lot of customer asking for all the 2001 Error and Varieties Coin as a Memorial 911 terrorist day. So, I just have a question how much does it really worth for? if it goes up to MS67 Red with PCGS. Thanks alot guys.
     

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  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Nice Mint Error!
    IMHO.
    I would put the price range from $800.00 to $1200.00.. Take the offer they gave you if you want to sell

    Thanks for sharing!
     
    Clawcoins and Paul M. like this.
  4. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Attention, about 95% of new CoinTalk members:

    THIS ^^^^ is an error coin, not some garbage that spent a fortnight on well-travelled asphalt, or once was SuperGlued to another coin.
     
    eric6794, lordmarcovan, Evan8 and 2 others like this.
  5. rickmp

    rickmp Frequently flatulent.

    Nice find!

    $1500? Would a TPG slab make it worth more? I'm not sure.
    I'd jump on $1500 faster than a starving man could jump on a sandwich.
     
  6. Brian Nguyen

    Brian Nguyen Active Member

    Thank you all of you for the respond. I know right? $1500 is very attempting, but as of now I really dont want to depart it yet. Once, I make my move I don't think I will ever have one in my collections again, maybe not in a long long time.
     
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  7. rickmp

    rickmp Frequently flatulent.

    Your coin, your choice. Whichever you chose, I wish you only the best.
     
  8. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    It is amazing to me the detail that exists considering a nickel planchet is a good deal thicker than a cent planchet. This is cool. Thanks for posting.
     
  9. Michael K

    Michael K Well-Known Member

    I think $1500 is more than fair.
    Nice coin, and the copper color adds to the appeal.
    It's very pleasing to the eye.
     
  10. rickmp

    rickmp Frequently flatulent.

    It's especially nice because it's not just struck on a blank penny planchet, it's struck on a 200(1?) penny.
     
  11. Michael K

    Michael K Well-Known Member

    Oh I see the date on the reverse. 2001.
    I thought it could have been any zinc cent that found it's way in. NVM
     
  12. Brian Nguyen

    Brian Nguyen Active Member

    Thanks Rickmp for clarified that for me. I make up my mind now that I will be keeping it for another while in my collection. Thanks everyone for all the kind words.
     
  13. Brian Nguyen

    Brian Nguyen Active Member

    As I inspected the coin a little further. I'd noticed it was a dual mint double denomination. The host coin (cent) was from Philadelphia (no MM), and the nickel was struck at Denver. I checked with a 20X magnifier to make sure it wasn't erased by a Nickel (second) struck or due to grease. Fortunately, there was no indication of a D (MM). Here is the new pictures guys with a better camera and corrected lightning, also let me know your opinion on the toning. Any eye appealing? Thanks alot everyone! 20180625_023111-ccfopt.jpg 20180625_022832-ccfopt.jpg
     
  14. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Intentional mischief.
     
  15. Brian Nguyen

    Brian Nguyen Active Member

    Yes, employee assisted error (intentional mischief)
     
  16. Evan8

    Evan8 A Little Off Center

    Sweet coin. A philly cent makes its way to denver only to be struck by nickel dies. And intentionally done in the 21st century. Makes you wonder how they were able to do this and not get caught. Ive been to the denver mint and it seems like someone is always watching.
     
  17. Brian Nguyen

    Brian Nguyen Active Member

    Actually, you are right it's tough to done something like that. But, what I don't really understand and wonder how could it be possibly to have a Philly cent makes its way to Denver when both are in the same year of 2001. My questions are was the Philly cent was already released for public circulation in 2001? Then somehow employee in Denver attempted the error? Or with a help from both Mint employee? I don't know if during that time both Mint already release coins for circulation or still in a process of making them? If the cent was from 2000 Philly and Nickel struck on 2001 D then understandable, but same year while both Mint still in a process of striking them. That's what I don't get it LOL.
     
  18. Michael K

    Michael K Well-Known Member

    I agree on the intentional mischief. There's no way a Philly cent can accidentally
    host a Denver nickel.
    But, whoever tossed it in there, left it to be found in circulation?
    Or, were they able to cherry pick it out and profit from it?
    When these things are done intentionally (and there are a LOT of rare graded errors that were purposely done clandestinely by mint workers) it's not a true mint error in my mind. (That doesn't mean they don't sell for a ton of money, it's just not pure baseball when you allow the designated hitter.)
     
  19. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    I agree with @paddyman98. Very nice error, and certainly valuable, but with a $1,500 offer on the table, I'd say "SOLD!" with a quickness.
     
  20. JBK

    JBK Coin Collector

    I bet the dual mint angle is why they offered more than it was supposedly worth. They probably noticed but did not tell you.

    I'd get it stabbed to 1) protect it, as zinc will corrode and disintegrate if not handled carefully (and I see some exposed zinc), and 2) to get the error confirmed.

    If it is 2 different mints as it seems to be, that is extremely rare.
     
  21. Brian Nguyen

    Brian Nguyen Active Member

    Thank you everyone for the inputs!
    @JBK Thank you for pointing that out. Luckily, I did not hand over the coin to the dealer, although the offer was really attempting. I wasn't sure that I wanted to sell it because I'm an mint errors guy. Fortunate decision. I will send it to TPG soon together with mine some other coin.
     
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