Correct.. I have never seen a legit waffled or cancelled Cent done by the US Mint. I've also never seen one certified. The examples I've seen on ebay all look fake.
Some were waffled because they were errors or otherwise defective, but they also waffled the first batch of coins made for a while automatically. Perhaps they still do, but I am not sure. As to their value and collector appeal, that really depends on you. I think some where you can actually see the error, like a double strike, are cool and I would love to own one.
According to the reverse label on my Global PhotoSlab, it started in 2003. Once the mint waffles the coin, the metal is sold as scrap. The mint's contract with the scrap company would dictate what could be done with the scrap. The reason the mint bought the machine is because some of the scrap was coming onto the market as errors.
I'm still tryng to figure this waffled Quarter I sent to NGC many years ago.. It was attributed as a Mint Error
I know most people would believe that my 1966 waffled penny would be a fake or that some one else made it , but it is real, I promise you , I'm not sure how to take a picture ,and post it on here , can anyone give me some advice on how to do that.i truly believe this penny is real, and rare. Anyone with some knowledge about this ,please reply.
What kind of device do you have to take photos? Digital camera or smart phone would be by far the easiest.
I'm sure the cent is real, but it couldn't have been "waffled"at the mint at the time of issue because the mint didn't have the machine, and wouldn't for nearly 40 years.
This penny is the real deal, I will try to post pictures of it soon, has anyone heard that the mint did not waffle Penny's, I heard they did not, this one has been waffled , and it is not a fake.
sorry for the quick off topic comment, but: I lived in AK for a 18 Months, (wintered in Fairbanks for 3 weeks). But Lived on ADAK Is.