1959 Canadian dime could this be a error coin

Discussion in 'Error Coins' started by Bradford Adams, Feb 21, 2022.

  1. Bradford Adams

    Bradford Adams Active Member

    I found this 1959 Canadian dime today and on the obverse it looked interesting so I'm bringing it to the experts error coin or post mint damage..... IMG_20220221_125643__01.jpg IMG_20220221_130020__01.jpg
     
    potty dollar 1878 likes this.
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  3. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Where did you find it?looks like damage to me but silver is silver.
     
  4. Bradford Adams

    Bradford Adams Active Member

    I found it at Walmart .........on the coin exchange machine......is there any value to this coin
     
    potty dollar 1878 likes this.
  5. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Nice find:):)not really,melt for it is at $1.43 but if damaged you'd be lucky to get over a buck for it just keep on stacking them up.
     
  6. GH#75

    GH#75 Trying to get 8 hours of sleep in 4. . .

    Odd, it's not on the opposite side. I'm not sure what it is.
     
  7. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    It is a lamination. Part of it is folded over towards the rim at 2-3 oclock.
     
  8. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Wow,kind of odd but it is foregin though it was corrosion.Wasn't really focusing on the mountain like anomaly but now I agree with a lamination and a nice one.
     
  9. alurid

    alurid Well-Known Member

    It is an Planchet error coin. At this point it is a detached lamination.
     
    Mountain Man and Paddy54 like this.
  10. Bradford Adams

    Bradford Adams Active Member

    Would you send it in to see what ngc or anacs. Just to see what it is....or get it tested....
     
  11. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    No, if you like it put it in a flip. Other than that these really aren't worth a premium.
    Most of the time they are considered a negative in the eye appeal.
     
    tommyc03, Paddy54 and John Burgess like this.
  12. alurid

    alurid Well-Known Member

    I would not. Three of us told you what it is. Its value is less that the cost of having it verified by a TPG company. IMO.
     
    Heavymetal likes this.
  13. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Don't send it in common date heavily circulated,even with the error foregin coins are very underrated compared to U.S coinage but still a keeper.
     
  14. John Burgess

    John Burgess Well-Known Member

    laminations are cool, and if interesting enough can add a little value to the price of a coin, depending on buyers and what they'd be willing to pay for it.

    HOWEVER, and it's a big however, laminations on key and semi key date coins, lower the value of the coin, it doesn't help it, it hurts it.
    In many cases a lamination doesn't improve or hurt the price of the coin, it sells for what a coin without a lamination would sell for.

    It's not worth getting graded, unless you just want it graded for yourself and keep it, it will never recover the cost of grading it if you did though.

    it is 80% silver, it is worth about $1.44 or so - give or take depending on the price of silver on any given day.
    For a Coinstar find, that's a WIN any way you decide to look at it.
     
  15. tommyc03

    tommyc03 Senior Member

    Partially retained fold over lamination. Nice error but no to having it slabbed unless you do so for verification and your own enjoyment. Perhaps you could piggyback it with a bigger submission on an ANACS special to alleviate your costs.
     
    Pickin and Grinin likes this.
  16. Mountain Man

    Mountain Man Well-Known Member

    @Pickin and Grinin and @alurid beat me to it, a planchet error, lamination, and while I wouldn't spend the money to have it slabbed, I disagree that it doesn't have a premium in value. I know some that collect laminations on coins and will pay over face value for such a coin. If you don't wish to keep it as a nice example, try putting it on eBay and see what it will fetch. Just a thought.
     
    Pickin and Grinin likes this.
  17. Bradford Adams

    Bradford Adams Active Member

    Thank you guys so much.....I think I might keep it for my own collection..
    I just thought it was a odd but interesting coin that I was curious on what caused this coin to have a lamination error..... Ty so much for your time
     
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