1970 quarter = $35,000 price tag

Can you splain Lucy in regular people terms?

 

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No - I was being serious - you don't think it happens??

 

I guess it does. And it all probably happens on mids.

 

Doubtful, there is a long history of it with the mint and graded or raw there will be a market. It wouldn't be the first type of coin to have an underground market develop if necessary.

 

It doesn't count without emoticons.

Chris

 

The Internet is where sarcasm went to die.

 

I think he (the worker) was walking out of work with them in his shoes.

 

Brilliant.

Stealing that for future use.

 

I don't know about that........it seems to thrive rather well here.

 

The fact that nothing like this could actually happen without corrupt employees within the mint, begs the question why the U.S. mint director does not due his job and have the item or others like it seized. He should lose his position with penalty and have someone competent put into power that will actually protect the interest of the public and the mint. I find the U.S funny as it is just one scandalous affair after another as nobody has the kahunas to do what they are supposed to do or turn someone in for fear upsetting someone's apple cart.

 

How does that coin in anyway jeopardize the interest of the public or the mint. Things like that are actually in the interest of the collector community as we find them fascinating and desirable overall and as far as the mint is concerned it is another quarter.

The secret service is okay with them that should be good enough for anyone. Yes it was obviously a creation like the over struck barber quarters but lets keep it in perspective, it isn't a massive scandal or anything that is jeopardizing the public interest.

 

For only $30,000 (plus $2.45 shipping!) here's a VERY hopeful rookie Seller:
http://www.ebay.com/itm/1970-S-Proo...465720?hash=item1a14e165f8:g:Mm4AAOSwqBJXVahh

Gotta believe he doesn't know the meaning of "NGC".

 

I believe proof quarters are struck on slow speed presses and are HAND fed into the collar. That error is 100 percent on purpose.

 

Not even a proof.... That's a 70-d and doesn't have the right hub type for a proof...

 

I don't think he knows the meaning of any of the other "specifications" for this error either...

 

Doesn't matter - that link no longer works. Gone.

 

I'm waiting for a mint employee to turn the tables and strike a coin on a Carr overstrike. Talk about a coins journey lol

 

Not as important as the infamous double eagles, im sure if this was a million dollar coin, the government would want this one back.

 

It may not be massive but government employees are not supposed to personally profit off their jobs. It is in the law and federal civil service regulations.

 

That is true but they may not have. Someone on another forum said it was found in a safety deposit box with some other creations that were auctioned off. If that is true doesn't sound like they profited anything other than being able to look at the coins for a while.

If they did happen to profit from it I feel like there can be an easy compromise of taxes them the price of the sale as opposed to hunting everything down all the time and trying to take it or destroy it. Simply confiscating it doesn't really solve the problem of the initial profit anyway especially if the creator is no longer alive