I've been doing some research about Black Beauty coins and have learned a lot. The one thing I have not learned is if there is way to positively identify a Black Beauty! Is there a list anywhere of coins known to have Black Beauty examples other than the 1958 and 1959 Jeffersons? I really don't want to keep environmentally/chemically altered coins in my collection! Any additional information will be greatly appreciated!!
The first talk about black beauty 5 cent coins came about in 1959....it was noticed that they were different in color more so a charcoal grey in color. However then other dates were found to not been processed properly. The coins I have photos are all black beauties... and there also an orange tint to some. I have 4 rolls 59,58,55, 53 D all are exactly what I explained them to be. @nickelguy
I read once that one definite way to attribute them was that the black beauties were found in Mint sewn bags from those years. They were put aside and kept for collectors. I have 2 in my collection
I have a collection of coins from that period that my father had collected. They are in great shape but none had a dark coloring. Other that being in a bag, is there any other source that tells us how the "Black Beauties" came about?
The bag is mis information it been posted many times here on ct the reasoning which is the platchets were not heated to the proper temperature, for what ever reason... again first brought to into view in 1959. Afterwards it was noted that other years not as many as 59 were also not processed properly. Thus the coin toning and dark color....some have an orange tint....there's also several U tube videos that explane why reason that was stated above. Improperly annealed platchets the process where medal is heated to a certain temperature this give the alloy the strengh needed ...not soft...nor not over harden which would cause the medal to break easy being brittle. All alloys are annealed if not their strengths and weaknesses would be cause of major failure. This has been an issue in some building failing as it cannot support the load. Definition of : An-neal: heating of ( medal or glass ) and allowed it to cool slowly,in order to remove internal stressesand toughen it.
I never said they become Improperly Annealed in the bag. The explanation you gave how they became improperly Annealed is correct. That occurs first then they end up in the bags The bags are opened up and they are separated from the normal properly annealed Nickels.
Ah no....the nickel in the bags are all the same...not mixed or seperated. They are or arent improperly amelled. But no they all came from one sorce,whom the mint purchased blanks From.....now due to mintages, as well vendors whom they were obtained from.... the bags may or may not have coins struck from the same sorce...that didn't process the blanks properly.
Ah no again..as they were not put aside for collectors...they were distributed by the mint to federal reserve banks to be rolled and distributed to banks for their customers needs. And how I know this to be 100% correct...is my father spent 47 years at the Federal Reserve . From 16 years old he started at the bottom and ended his career as a Federal Reserve agent who issued as well destroyed money for the fed. As well in the early 60's these as well the 50 D nickel... were all the rave at coin club meetings....
Well.. I have purchased lots (as in sets) of mint errors from a well known coin dealer here in NYC where they came from the banks who opened the bags and found the issues. They would be pulled aside and taken to him. I once purchased 24 Broadstruck Dimes that were found in a sealed bag.. The best one I sent to NGC for attribution. I'm sure you're dad did an amazing job but probably wasn't totally aware of the different ways mint errors get out into the hands of the public.
Your changing your message....as thats not what your post sez....go re read your post. As it states the bags were set aside....not by whom.... and yes dad had tons of mint errors in coins as well bills... unfortunately he wasnt allowed to buy or take any... as the armored truck actully pulled into the building...on to a turn table so that it didn't need to waste time in the ally turning around....it was truned around....unloaded and dollies of bags then taken to the vault...or rolling cages....yes cages with mostly women who then rolled the coinage for bank orders for change.... Dad also went to undisclosed storage of cash reserves...in case of a nuclear war...the money wouldn't be contaminated...how ever his job was to inspect and destroy any money that he deemed need be replaced...at which time he would arrange new notes to replace the old...and then over see the burning of said notes over a 3 day peroid...as the note was cut in half....one side burned today....the other the next....then the ashes on day 3 checked for any possible survivors that didn't burn completely. His brother as well sister in law also worked at the bank....so yeah I come from a banker family... and was told a many a story of the operation. As a 5 year old my father took me down to the main vault.... placed a mask over my face..as the inks would make your eyes burn if you were exposed for a long time.... .and he sat my 5 year old butt on a skid of $100,000.00 Woodrow Wilson notes. Notes that even Warren Buffett can own...as they are for bank use only! To transfer large amounts of cash.
@Paddy54 I don't get what you are saying I said wrong? I stated.. they were put aside and kept for collectors. Meaning the Improperly Annealed Nickels that were found inside the bags were found and put aside. What is the problem with my statement? You don't think that actually ever occurred?
They may of had a local bank " as in the 1st national bank of NYC" set things items aside ,or ordered bags of coin for a customer. But from the Federal Reserve bank no.... it wasn't allowed. All items as such that were found in bags while they were rolling up coins...were returned to the mint.