Any theories on how error coins escape the mint?

I am wondering how they even get into bank rolls/ circulation.

I mean some that are like 5-20% off center look like they could fit in a bank roll. But I am seeing 80% off centers that cause "Stretching" of the coins

 

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VERY few coins are actually inspected. As they come out of the press, they go right into a bin, which is sent directly to the company that rolls them up. Millions upon millions of coins are never touched by human hands or eyes before they enter circulation.

 

On per unit basis, that is, the billions of coins minted compared to the errors that come from that production, the U.S Mint has better quality control than most U.S industries. Still, errors get through the riddlers and past the inspectors. Most do not go into rolls at that point. They are bagged and sent to the lady with the gaudy red lipstick.

 

Like Rick said, they leave the mint in bags or carts. If the mint rolled them your point about errors would be valid. I imagine the people who DO roll coins direct from the mint are some of the prime suppliers of errors to the hobby.

 

That would make sense medoraman, and I guess is beyond a solid theory about the supplier. I guess I worded my initial question wrong. As the real root to my question was to get more information about who supplies error coins. Guess I know where I am getting a job. Kidding, one would suspect that they should be required to send them back to the mint for destruction.

 

And when those bags or bins are rolled, they are just dumped into the machine with no one looking at or touching them. If the error coin is a problem with size (broad struck, too thick), it is kicked out by the machine, sort of like the reject cup on a CoinStar machine. Error coins not kicked into the rejected bin get rolled and sent along. That's how most all error coins get into circulation.

 

At the spring 2015 Portland ANA show, Barb Gregory of the ANA recorded an interview with error specialist dealer Fred Weinberg in which he openly admitted that error dealers and employees at coin rolling contractors have one another on "speed dial".

 

That isn't surprising! Maybe Fred should put teachmind on speed dial.

Chris

 

The Professor of Punctuation?

 

I purchased Broadstruck dimes from a Coinshop here in NYC. They told me they were found in a sealed Mint bag.

 

He is no longer active. We think he has been banned. His profile shows no information. Profile page states that he is no longer available.

 

The lady in the gaudy red lipstick is Janet Yellen. Isn't that where mint bags go when they leave the mint-to federal reserve banks?

 

And here I thought you were commenting on Taylor Swift or Meg from the current season of Big Brother. I like the gaudy red lipstick thing - retro glam.

Coins typically go to a rolling contractor before ending up at a Federal Reserve bank, or to the contractor in between the FRB and a member commercial bank.

 

I couldn't find a single trace of lipstick on any of these.

Chris

 

Therefore not photographed at Taylor Swift's place, am I right? Anywayz..... the Mint now uses monstrous "one bag to a pallet" bags to send stuff out. You could literally dive in one and roll around in it. These small bags are strictly used now for numismatic sales.

 

Yes, they are called ballistic bags but it is not because they shoot them out of a cannon to their intended destination.

I've never bothered to check to learn where the "numismatic bags" originate. Do they come directly from the Mint or from the middle man?

Chris

 

And you won't if they continue using ballistic bags.

 

Nice collection you have there! I have a bag of Wheaties for sale if you are interested

 

Fat Pigs?

 

At the 2006 FUN Show, I bought a 50-roll, sealed ballistic bag of 2005 Westward Journey nickels that were left over from the release ceremony. There wasn't any lipstick on it as well.

Chris