GTG Silver Eagle ASE Error

Discussion in 'US Coins Forum' started by DysfunctionalVeteran, Jan 14, 2017.

  1. Cascade

    Cascade CAC Grader, Founding Member

    Because they were struck by US Mint dies
     
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  3. Nathan401

    Nathan401 Quis custodiet ipsos custodes?

    I looked at one awhile back, but decided to hold out for a nice PL example.;)
     
  4. Santinidollar

    Santinidollar Supporter! Supporter

    If I got my finger hung in the press, you suppose PCGS would grade it? I'd look funny with a slab around my forefinger.:confused:
     
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  5. Yankee42

    Yankee42 Well-Known Member

    In all seriousness, I strongly suggest finding an auction house to sell that while these things are going for moon money.
     
  6. hotwheelsearl

    hotwheelsearl Well-Known Member

    I have a feeling the market for this is going to collapse harder than the bunk bed from Step Brothers
     
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  7. GDJMSP

    GDJMSP Numismatist Moderator


    Dave, have you read the actual letter from the mint to which you refer ? It was written about 1 month shy of 20 years ago - Feb. 1987. And yeah, it answers a lot of questions. Like these sanding disk, and the error coins that go along with them, have been known since 1986 when the ASE's were first produced. And given whom the letter from the Treasury is addressed to, I think we can safely assume they were written about in the numismatic press that long ago as well. And again, in 2003.

    Anyway, here's some links for those with an interest.

    First the letter, it can be found on page 77 of the pdf found here -

    http://books.monetonos.ru/numi3mati...agazine/Mint Error News Magazine issue 17.pdf

    An article found in Mint Error News from 2003 -

    http://minterrornews.com/discoveries-7-20-04-$1_silver_eagle_mated_pair.html


    Another article from NGC dated in 2015, but having to do with a 1986 ASE struck through one of these sanding disk -

    https://www.ngccoin.com/news/article/4816/NGC-Grades-Dramatic-Error-1986-Silver-Eagle/


    Now all of that said, back when this subject was first discussed here on this forum I expressed my doubts about the authenticity of all these sanding disks that are showing up. The fact that they are produced by the mint cannot be denied, there are a couple where the struck through coin and the accompanying disk are together. And the struck through coins, well they obviously exist. But what I have my doubts about is that so many of these disks are showing up - now. And reproducing them, well as I said before, it can be done easily enough. And proving that one (a disk) is a counterfeit, I don't think that CAN be done.

    If you read the letter it is stated flat out that the coins produced when these disk are used to resurface ASE dies are destroyed, by the mint, as are the disk themselves. But obviously some did escape the mint, one of which was discovered just last year (see the NGC article linked above). The question is did enough of these (disks) escape the mint to account for all of those that are showing up now. Personally, I doubt it very strongly. And given that it is almost certainly impossible to tell a genuine mint produced disk from a counterfeit disk - well I sure as heck wouldn't be buying one !

    The struck through coins on the other hand, yeah, they'd be a neat and highly collectible error. But there aren't many of them around.
     
  8. SuperDave

    SuperDave Free the Cartwheels!

    Yes. The addressee is the wife of Leroy Van Allen (of VAM fame), and no mean numismatist herself.
     
  9. GDJMSP

    GDJMSP Numismatist Moderator

    Not my point. If you look, she worked at Coin World at the time. So you can pretty much bet there was an article about it in Coin World back then.
     
  10. DysfunctionalVeteran

    DysfunctionalVeteran Oddly enough

    Look at a list of all exhibits or who sponsored them at the ANA show in Seattle somewhere 87-89ish. It might not have been ANA but it was a larger show in Seattle late 80's.

    I was just a kid so my memories are fumes, but I believe if you find a certain exhibit you can find part of what I think is an answer you want.

    Sent from my SM-G935P using Tapatalk
     
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