Ok, you error guys/gals, check out my newest error and tell me what you think: http://www.cointalk.com/forum/t63134/#post649177 Have any of you encountered any similar errors?
That's pretty amazing. I've seen people questioning your trade. I'm no expert, and don't know exactly what an MS66 1869/9 IHC is worth, but you just can't pass up an error like that 11-center. That's simply amazing. And considering the value of your collection, it's not like it's a question of trading away the rent money, right? Nice trade, IMO. Joe
That's right in that I'm not trading the rent money! As a matter of fact, as I posted on the CU forum, the MS66 RB 1869/69 was already for sale since I had picked up a toned 1869/69 MS65 RB that I personally liked better. If I didn't already have the MS65 1869/69, I definitely would not have parted with the MS66. But I still would have sold/traded some other coin in order to acquire this very neat error.
Yes I've seen several of them. This one is somewhat unusual since the two heads line up so well but it is possible for it to happen by accident. I don't know what they go for today but several years ago when I saw the last one they were selling between $800 and $1100.
The one that sold in May was MS67 but it was not aligned, and it sold for $1,610 + 15%. And I think that exact same coin is up for auction again in Bowers & Merena's ANA auction next week, as well as another one in MS65 that also is not aligned. I'm anxious to see what these go for!
I commented on the other thread! Very Nice Coin!! Also, the orientation of the overstrike has to be random. Think about it. A coining press has to cycle up to full striking pressure. It's not just a lay the coin in,,, one strike,,, and it's done proposition. In order for that coin to have happened, the press had to be at full operating pressure and there "ain't" no way a Mint employee would have been able to stick a dime in between the cent dies while the coining press was whacking away at a pace to produce about 750 coins per minute It was random and it was lucky that the second strike aligned so beautifully with the first strike! GREAT Coin! Thanks,
Hey, thank you for that very clear and logical explanation - would you mind posting that same thought on the PCGS forum, if you're a member? Many of them are convinced it was an intentional error. Here's the link: http://forums.collectors.com/messageview.cfm?catid=26&threadid=731925
I'm trying....I am on that board but I am trying to recover my password. I lost all data on my hard drive about a week ago. I'm working on it
