Okay so I was reviewing a statistic idea that I had now just for Lincoln cents I living in New York / New Jersey. I had this idea that there would be a 10-20% chance of me finding an error coin circulation.. now with the Advent of screening technology for error coins at the mint it becomes less and less so that 20% gets dropped down to 10%, with the Advent of more numismatists.. and collectors.. if they do roll searching at all that becomes a more likely issue so I say you have a 5- 8% chance of finding that error coin in circulation.. I mean let's go get a box of Lincoln cents and find out today
Is that only for Mint Errors? Are varieties included in your factor? Most finds in circulation are varieties in my honest opinion. For example.. A lot of roll searchers look for Doubled Die, RPM's, WAM and CAM and the impossible Copper 1982 Small Date D mint Cent.. Those are all Varieties. So Chris.. Which errors do you mean and that you are actually looking for?
I do apologize for that I forgot to record my comment all of the above men RPMs double dies die classes anything and everything I can find but my point was to say that finding anything of value is below 8% chance. And there are plenty of errors I'm looking for I can give you a list if you want
I think the chances of finding a true mint error are 1% or less. Finding varieties are considerably higher.
You've piqued my curiosity...totally in the dark with this...what is this "screening technology" at the mint...some sort of laser or infra-red scanning, or...??? Thanks.
As @paddyman98 said, there are very few errors. Most are varieties. And I would go farther and say that most are inherent process variables. They are normal output of the manufacturing process. The challenge to coin roll hunting, or any other search process, would be to find coins without varieties or errors as some call them.
