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<p>[QUOTE=&quot;Conder101, post: 2987841, member: 66&quot;]Yes it is a Close AM, and that is the normal reverse type for that year.</p><p><br /></p><p><br /></p><p>You might have on average a certain PERCENTAGE of coins issued that are errors, absolute numbers are NOT known but say you have a cent die that was flawed and made into a doubled die.&nbsp; If it were to last its entire normal production life it would make about a million coins.&nbsp; Now that mint made about 4 billion cents in a given year.&nbsp; If you could bring ALL of that years production into one pile and you pulled a cent out you would have a 1 in 4,000 chance of pulling out one of those doubled dies.&nbsp; Not good odds, but it gets worse.&nbsp; </p><p><br /></p><p>They don&#039;t just turn the press on and forget about it, the pressman takes a sample of the coins from the press on a regular basis and examines them for errors.&nbsp; So he looks and spots that doubled die.&nbsp; He shuts down the press and has the die changed&nbsp; Now suppose maybe only 25,000 coins were struck before it was discovered and all of them got released.&nbsp; Now in that pile we spoke of earlier you reach in, and now your chance of getting one of those doubled dies is 1 in 160,000.&nbsp; And that is in a pile where every coin is the correct date and mint.&nbsp; </p><p><br /></p><p>In the real world you are trying to find that doubled die cent out of all the cents that have been released in say the past ten years.&nbsp; Your chance of having one in your pocket change is now 1 in 3.2 million.&nbsp; You start to see why they say your chance of finding an error of any significant value in your pocket change is very slight.&nbsp; All the errors aren&#039;t accounted for, there is just a very small chance you will find one.</p><p><br /></p><p>But keep looking, allthe errors they make that get released are out there somewhere, until they are found and pulled by a collector, so the more coins you look at the better your chance of finding one.[/QUOTE]</p><p><br /></p>

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