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A Mint-Cancelled (Waffled) Lincoln Cent?
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<p>[QUOTE="desertgem, post: 3133363, member: 15199"]The original info I have on waffle cancellations of coins was that the defective coins are sent out of the mint to specific contractors to cancel them for GSA sales at a later date for scrap.</p><p>So,</p><p><br /></p><p> How could any be labeled by any TPG as a mint error, since it was done outside the mint by a contractor service and not by the mint or in the mint faciity??</p><p><br /></p><p> Who would pay a premium for such as there are literally tons to be purchased through GSA auctions as long as they can pay higher than the other bidders? How much for a ton of mainly zinc? or bronze?</p><p><br /></p><p> Many feel ( like me ) that soon everything even very remotely from the production of coinage will be all mint errors or all single squeeze globs ~ DDO-2019-10905? Wexler and others will become very rich. How about coins scattered in a government parking lot, and collected after government cars had 'rashed' them ~ Oh, Mint Error of course. We are at the 'beanie baby' peak here for sure. </p><p><br /></p><p>For the younger members , I feel like I did when Philately ( stamp collecting) went into this melt down phase of hundreds and hundreds of releases and variations and caused true philatelic rarities go to 'cents on the dollar'.</p><p><br /></p><p>Follow the Money. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 3133363, member: 15199"]The original info I have on waffle cancellations of coins was that the defective coins are sent out of the mint to specific contractors to cancel them for GSA sales at a later date for scrap. So, How could any be labeled by any TPG as a mint error, since it was done outside the mint by a contractor service and not by the mint or in the mint faciity?? Who would pay a premium for such as there are literally tons to be purchased through GSA auctions as long as they can pay higher than the other bidders? How much for a ton of mainly zinc? or bronze? Many feel ( like me ) that soon everything even very remotely from the production of coinage will be all mint errors or all single squeeze globs ~ DDO-2019-10905? Wexler and others will become very rich. How about coins scattered in a government parking lot, and collected after government cars had 'rashed' them ~ Oh, Mint Error of course. We are at the 'beanie baby' peak here for sure. For the younger members , I feel like I did when Philately ( stamp collecting) went into this melt down phase of hundreds and hundreds of releases and variations and caused true philatelic rarities go to 'cents on the dollar'. Follow the Money. :) Jim[/QUOTE]
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A Mint-Cancelled (Waffled) Lincoln Cent?
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