Over on ECIE (Error Coin Information Exchange). It was told from a extremely reliable source that the Philadelphia Mint has inadvertently struck a whole bunch of Monroe dollars struck on quarter planchets. The warning. Since the source says that there is a large number (10's of thousands...) out there please don't be bidding top dollar on a coin that is only one of many. I think you will start seeing more about this error coming up in the next few weeks. Speedy
Thanks Speedy. Not that I bid on this stuff anyway but how in the heck would so many get released? Is the mint that stupid? Comparison for us currency/coin people. A few thousand $1 notes were just released without serial numbers! Would never happen and has not happened unless I missed a big chunk of history. Pumping up the interst in coins and "stimulating" the economy?
Good grief! Doesn't the Mint perfrorm QC (Quality Control) any more? The press operator is supposed to check the coins coming out of the press every so often. All the coins are supposed to pass through a riddler so coins that are the wrong size are culled out. The big question is . . . how did so many coins pass through the edge lettering machine? And, after thousands of plain-edge dollars being released in '07 doesn't anybody at least spot check these coins before they leave the Mint? (I guess not.) If this is true I'd like to know . . . who is minding the Mint?
10,000 goes by in about 3 minutes.. He or she could have been in the rest room for weewee. But 10's of thousands.. well thats a number 2.
From what I understand.....quarter rolls. They said that they did go through th edge lettering machine...and may have edge lettering on parts of them.... Speedy
thats pretty neat, might get one in change as a quarter then if they in are quarter rolls. might go by the bank in a few weeks and ask for some new quarters and look for them. kinof wierd thousands are going out though. :rolling:
I want to point out that I edited my first post to read right...I had posted that the mint had released the coins....so far it is only known that they STRUCK the errors. Speedy
I was going to say. The Madison is not scheduled for release until Feb14th or there abouts. Interesting post. Thanks Spencer