coin and die sets

hi folks during the state quarter series and trough out the run the u.s. mint offered coin and die sets (state quarter with canceled die set), do you think it is worth collecting these sets?

 

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I said no (w/ explaination)

it is my understanding that these Coin and Die sets did include a real die used in production for the quarters, but that the striking end of the die had the design completely removed (ground off?). So in looking at the end of the die you can't even see the quarter design with an X on it or anything. Accordingly, it's just a big hunk of heavy metal to me. If you could still see the designs on the die (even if the design was defaced to prevent future striking) then I believe these would be much more collectible.

 

As illini stated, the dies are so defaced that there is absolutely no detail left.

Other than the certificate there is no way to ID them.

so any one looks just like another.

 

i own one and am about to buy a second one.. the coins come with the die the die has a serial number on it that is recorded in the mints record.. the reason the main planchett point is removed to prevent counterfiting

 

These defaced dies are MUCH more to the Chinese than "just a big hunk of heavy metal". To them the defaced dies are hard-to-obtain die stock that can (and will) be used to make new dies to strike counterfeit US coins.

Dies used by the US Mint are made of special, very hard steel known as 'die stock'. Die stock is not generally available on the open market for obvious reasons.

The US Mint used to sell defaced dies used to strike State Quarters. This made the Chinese VERY happy because they could buy the defaced dies, grind down the ends, create new dies (usually for US coins) and strike very convincing counterfeit US coins. The US Mint no longer sells defaced dies.

To add insult to injury, Chinese counterfeiters are not only using defaced dies from the US Mint to strike counterfeit US coins, they are striking them on coin presses that the US Mint gave to China as surplus many years ago. So the Chinese are making counterfeit US coins with materials and machinery obtained (directly or indirectly) from the US Mint.

 

Hobo: I did my part to keep those pesky Chinese from using our equipment to fake our coins.
I bought an Alaska c&d set. That is one heavy chunk of metal.
As to the poll question: I don't know if it is a good investment.

 

I voted no probably for the same reasons others did... If they cancelled the dies like they did for the Morgan's then I think the Quarter Dies would be a stellar idea and a whole lotta people would want them and they would definately go for a premium...But with the design not showing at all on the die, the "numismatically challenged" will never buy them nor ever have the urge to buy them or even learn about them for that reason... The Morgan Dies is a story all their own and once even seeing one anyone is compelled to learn about them not just by the design, but what that single piece of metal created and instilled upon a generation... So it is our loss now that future generations wont be taken by a design on a simple die...

 

Also I would like to add that the U.S. Mint being one of the best mints in the WORLD, would be able to figure out a way to impair the die in a way so it would never be able to be used again... I mean that the Mint and the Bureau of Engraving has hundreds of years in experience in deterring counterfeits (not perfect though)... But the brilliant minds in charge of our nation's coinage should be able to come to a better solution than shaving off the entire design... Like shaving off a 1/4 at an angle, or as long as we can see at least some of what produced thousands of our nation's coinage... Some of the design would certainly be better than none especially with the technology that they have... Sorry for taking up half the thread but I am just expressing my humble opinion...

 

I don't get it. Now the mint sells ground off dies because because the Chinese were grinding off the defaced quarter dies? Isnt' this just saving the counterfeiters the trouble of grinding?

 

As I stated above, it is my understanding that the Mint no longer sells defaced dies. The Mint defaced the dies (ground down the end) before they knew the Chinese were using their dies.

When the Mint sold defaced dies they ground off the business end of the die so it could not be used to strike State Quarters (or whatever coin the die was used for). When they ground it down they left a very rough surface. The Chinese would then take that ground-down die and grind it further so it had a smooth surface (somewhat like using sandpaper where you use finer and finer grit sandpaper to get a smooth surface). Once they got the die surface smooth the Chinese counterfeiters would use laser etching to create a new die.

Hope this clears things up for you.

 

Does that mean that those of us who own cancelled dies could be holding quite a bit a value to the counterfeiters?

 

is anyone beside my self havee a convincing nu mismatic reason to have the coin and die set
??

 

A convincing reason, no, but I do believe they compliment a collection very nicely. They may become valuable one day or illegel to own, but until then that hunk of junk is still part of my collection...:kewl:

 

I have 2 of the state quarter dies, still waiting for them to appreciate, as they don't sell for enough on ebay to even recoup investment yet

 

ill buy them.. i love them they are apart of numismatic history... youknow how much thought and process it took to get that die done..

 

Anyone know what the serial number means? Are there mint records that would tell you which quarter that serial number was used for?

 

Sorry to revive a long dead thread but ...
I saw one of these sets today and would have bought it but...
It was $65 and with the die ground down flat it just looked like a plain piece of industrial steel, the COA stated it struck ~345,000 quarters. When you do the math considering the mintage times the 50 states, that's quite a few available.

So, to those that own these, how do you feel about them now? If you sold them, how did you do?

 

Most people sold them on Ebay ,or to dealers that purchased them for a fraction, NB now people have realized there worth way more because Chinese counterfeiters would use them to make their products. Now to have a new unique product like this is a rarity in itself because they're not sold as much and the myth of not reproducing them or reselling them I should say or any die types like

 

I have think 10 of them so far cent ,nickel ,quarter... I want a half dollar a commorative but focusing on the standing liberty

 

Well I would like a set. How expensive are they?