So in 1983 the US mint changed the composition of the cent from a copper mixture to mostly zinc my question is how do things like this pop up in 1989...with help or a true mint error? Why wouldn't it be illegal to own such a coin if it had help getting out of the mint like the 1944 steel cent was for so long? And if it is a legit error who weighs every single coin they come across lol http://www.ebay.com/itm/1989-D-1C-o...%3A78221b8015d0aa13c47e7ef6fff44bbb%7Ciid%3A1
I guess being off metal would be considered an error. When I think of 1989 I think transitional like the listing says which in my mind makes me think of the 1989 rev of 88 that people have been looking for.
You don't need to check PCGS to sse if it's authentic.. If it's Mike Byers selling it, then it's authentic! I want to share this webpage with you - http://mikebyers.com/
yeah he is a known collector of exotic's and he has his collection authenticated but like the question I had before is how there is a 7 years difference on zinc and copper. How is it not illegal to own if it had help getting out.
I don't know if he actually had the coin authenticated himself. It has been tested and determined authentic. My personal feeling is that it was Mint Assisted. Someone threw a Blank Copper Planchet into the Copper plated Zinc Planchet bin to be struck. Question of illegal or not varies for certain so called Mint errors It's one of those mystery errors that bring up more questions than answers!
another question. Just cause your able to own something that slips out of the mint via help does it make it worth owning? nm I am just rambling..lol. I just see things different when it comes to errors.
It should not but there is also no proof that it was intentionally Mint assisted... Some Mint Maintenance person could of been sweeping the floor of the facility and maybe found an old Copper Planchet underneath a machine or shelf and instead of letting it go to waste, he or she unintentionally tossed it into the bin with the blanks .....
I'm not a conspiracy theorist by nature, but I have to go with the theory that it was intentionally Mint assisted. Eric makes a very good point when he asks who weighs every coin they come across. I have to presume that someone didn't merely stumble upon a needle in a haystack or decide that a particular penny in their loose change felt a bit heavy. As for how it can be owned legally, I have yet to decipher how the Mint and the Department of Justice makes some of their decisions. But apparently you can impress a dime on a nail and sell it, right?
I think it’s all on how and what you collect. Some of us are very meticulous. I haven’t thought about weighing each coin in the past but if you’re not in a hurry then why not. Definitely more time consuming but I’ve seen some of these coins that have been verified to be made from planchets from other countries fetch a lot of money. I’m not a stacker but I do enjoy looking over each coin thoroughly. Might as well weigh them as well! Nice article.
Seems like a very long time (7 years?) for a single copper blank to be stuck in a hopper. I agree with what Paddy said, someone may have just tossed it in there. That seems more likely. And if they did, they wouldn't be able to pick it out after it was struck. It went through circulation first. Is he just getting publicity by posting it for sale on EBay? Who determines that this is worth $22,500 if it is the only known example? While he has an extensive business of selling errors/ oddities, he has also sold coins that were illegally produced by mint employees. He must have someone on the inside.
The person who buys it. The seller can ask whatever he wants for it, but it is the buyer that decides what it is worth.
http://www.ebay.com/itm/1990-D-1C-o...e=STRK:MEBIDX:IT&_trksid=p2060353.m1438.l2649 And Mike Byers has another. 1990 D Copper planchet I didn't even see this one lol.
Well, if they can get the price they are asking, them I would think a little extra time to weigh what your searching would be very worth it. You may not get anything but you may come up with a couple grand for a little extra effort. OR a good convo piece if you decided to keep it.
It would be a HOOT to find one of those in the wild! What I read about the 83' was that when you find one on a copper planchet. It is unmistakable! Weigh it, for a 2nd reference after you jump around!