Hello all, This is my first post here. I am a casual collector that has recently become more interested in coins. My collection, besides what I find in my pocket, has been mostly handed down to me by my father and family members. My aging grandmother gave my father some coins last year and this was among them.. I have not been able to find anything like yet, but only did a quick search. I am hoping it may be somewhat valuable. The front has the dramatic covering of the entire date(1976), on the back the word "of" along with the "s" in "states" is only slightly there, and the rim of the quarter is slightly raised above flat on the head side, while the tail side feels as if it has no rim at all. My hope is that this post will shed some light on what I have here. Thanks in advance -stan
one of these was posted a while ago. It is a cud, meaning a break in the dies used to make it. There was a piece of the die broken off at the edge. That is a simple explanation. The missing detail on the back is because the striking pressure was lacking because of the hole in the die.:welcome:
Thanks for the information, and the welcome. How rare is it for this to happen at the mint? Would this type of error coin normally be caught at the mint before going into circulation?
Generally speaking, are these die breaks/cuds considered collectible, or is it more akin to a die deterioration error? I followed the other link to see that the other quarter brought some substantial $$$. Just curious if this is the exception to the rule.
The other quarter was in auction on eBay and no doubt there were a lot of bidiots bidding up the price.
Is a "cud" categorically different than a die crack? Are cuds blobby by definition? I found this about an hour ago: Would you define this as a minor or major error (reading between the lines... can I get big bucks on ebay or will I likely get face value?)
There is a distinct difference between a cud and a die crack. The picture you posted is a die crack, and these are not considered errors. They occur regularly at the mints.
Just all depends on the collector. If I were to buy this coin for you, I'd offer you 25 cents because that's all it's worth to me.
Yee-haw! Sold for 25 cents to the rodeo clown... BTW, I charge $89.95 for shipping/handling. Seriously though, this is good info to know. I might just put it on ebay with an opening bid of face value to see what happens.
Hello Stan4stl, Welcome to the CoinTalk forum. We look forward to your posts. There is a book called "The Cud Book" by Sam Thurman & Arnold Margolis. It describes the minting process and depicts examples of many (many) known cuds. When the die breaks, it can continue to make coins for some time before the defect is spotted or the press machine jams. Those defective coins are very close to the same size as normal coins so they do get shipped from the mint and do get into circulation easily. The larger & more dynamic examples sell for much money. Coins like your example sell for about $20. The price can go much higher if you have a couple spirited bidders that want the coin. Sometimes these spirited bidders on Ebay could be called bidiots. As this coin is from your Grandmother, I would recommend that you put it in a 2x2 coin holder and keep it safe. If you ever put it for sale, please send me a PM. (PM is private message here at CT) (CT is CoinTalk here at CT). Stay thirsty my friend.
I was just informed that one of these sold on Ebay for $177. Therefore, don't sell it to somebody like me for $20 unless you want to leave a whole bunch of money on the table. It must be desireable because it is a bicenntenial issue or perhaps some spirited bidders (that both needed the coin) got involved in it. BTW, Sam Thurman once gave me a similar quarter cud (not bicenntenial) for free.
Thanks for the welcome and all the interesting information. I think for now I will keep it in my collection like you suggested. If there is one thing I have learned from this thread and doing research this week is that somethings are simply worth what someone is willing to pay,and the number can vary based on many variables including "perceived" rarity and a collector's desire for specific item. I was very shocked and delighted to find the other thread showing the EXACT same error coin, and even more excited when it sold on ebay for almost $200 less than 90 days ago.. I think it's just a matter of finding two people that really want it badly.
It is odd to see two of the same cuds posted so close to each other. However, it's common to have a number of examples of the same cud. Usually there's a progression from a small cud, to a larger one, to however large it gets before the dies are pulled.
nice piece heck i would nt mind having something like that . which is a cool looking piece plus , its a first i have seen w a bicentennial
