I found this coin at my coin dealers while looking through some tokens. The 2x2 said “5¢ on 25¢ platchet”, 1964 sil. (Yes, platchet) The 2x2 may have been reused as it has an extra set of staple holes in it. Photos have been difficult to get, I had to take most freehand and use low light angles to show the low reliefs, which caused some glare. The coin weighs in at 5.0g and is approximately 22.7 x 23.7 in dia. I can only speculate that this got caught up in a Capped Die coin jam of some kind. This coin has been struck at least 6 times that I can determine. First strike must have been a Partial Collar Strike due to the 360° doubled In Collar/ Out Of Collar lipped edge, and made the first Obverse and Reverse. The Reverse is the In Collar side. The date from this first strike is barely readable as 1964. The obverse was restruck with the reverse die at a 180° angle, I say this because the bottom of Monticello is raised above Jefferson’s face as it goes across it. I have been able to make out the E PL of E Pluribus Unum at the bottom of T J’s bust, the letters are there but they are stretched and flat and barely show any relief. The Reverse has been restruck most prominently with the obverse die at a 90°angle and off-center about 10%. Below Monticello is where most of the legible words are. The words IN GOD are struck over and between the words OF AMERICA and CENTS of the first strike. These are also in low relief but are quite readable. I have been able to make out 3 D’s and 2 W’s under the right corner of the Monticello due too multiple strikes. The eye, nose, and chin of TJ is visible on the reverse side, his chin lines up with the O in GOD. full reverse. Thanks for your interest in error coins.
Do you think a partial collar coin was used to start with, or could have edge been altered also? http://www.error-ref.com/counterfeit-dies/
Thank you for your answer. It had me look a little closer at it. I do agree with you that it is an altered coin. I will label it as such. But I think it should be worth more than 5¢, just as a learning coin.
Actually, I agree with you. For $10 I think, ICG will slab it as an educational piece. I have done this for quite a few as educational pieces.
Impossible to strike a coin on a larger planchet. You can only strike smaller coins or the same size coins. It certainly looks interesting.
Looks like a flip over double strike with the second (and possible later strikes) broadstruck (out of collar). The out of collar strike(s) would cause the larger size. But I also suspect it has been damaged post strike as well.
I will not even begin to speculate on what this poor thing has been through, however I will state that I would have bought this in a heartbeat. It is very interesting to say the least.