Interesting error...wonder where/how they came up with a price? http://www.ebay.com/itm/1943-1-STRU...4481eef1183&rpp_icid=56c76f03e4b0946d887a817f
I just talk to someone over the weekend that had the same coin at the local coin show, his mother found it at a garage sale ....
So did a lot of people. Heck, I even got a nearly AU example of a '43 in change at a MacDonalds a few years ago as a dime.
Yes.. I saw this today. I have Fred as a favorite seller and thought this item was really amazing! Very rare!
Shoot........I didn't realize these things went for so much. http://coins.ha.com/c/search-result...Ntt=1943+cent+errors&ic4=KeywordSearch-071515
Mint didn't have that much problem, but for any other year a cent on a dime planchet stands out and was more easily spotted during visual inspection. A 43 cent on a silver planchet mixed in with a bunch of regular 1943 steel cents doesn't really shout "Here I am!". They also weighed the same as well.
Fred is a really cool guy. I see him at the Fun show each year. Folks bring him all kinds of stuff for his opinion. It's fun to hear him talk with people about what they have. He loves to teach. I learn something every time I drop by his table. There is always a great conversation going on.
There was the recent Heritage auction of 1943/1944 errors and the (price)it was probably extrapolated from these auction prices. His prices are always on the high side but reasonable if you are desperate to obtain a certain high end piece. Last piece I bought from Fred was a Foreign Coin on a Feeder Finger for just under $200 in a EBAY auction ... not bad! JPL
ICG was the first company to slab rolls, followed by ANACS, then NGC. PCGS was the last company to do it (Actually the first company was Blanchard, but they didn't slab them in a roll they did it in a multi-coin holder. They also pioneered the multi-coin holder.)
The USMint made a similar mistake on steel coins they minted for the 1944 Belgium 2Franc: http://coinquest.com/cgi-bin/cq/coins?main_coin=7831 At least this mistake was easier to understand -- those silver planchets were the same size as the steel planchets (19mm). If you can find one, supposedly those Belgium error coins are worth $300 - $700. Whereas, the US dime (17.9mm) is smaller than the cent (19mm). So I'd say the 1943 US silver cent is a bigger screw-up than the Belgium coin. So maybe worth more? But to me, $8,500 seems a bit overpriced.