Discussion in 'Error Coins' started by hollie77, Sep 21, 2019.
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Yes it is a real Buffalo nickel, but I would guess the value has been reduced to
If that -- since it no longer shows a denomination, human cashiers might not take it, and it might have lost enough weight that machines will reject it.
If that's the case, I turn it in to my credit union as mutilated coin and receive full face value. I do it at the end of the year with my metal detecting scrub coins.
Yeah, a coin has to be really badly damaged to make it impossible to exchange. But it becomes more trouble, and trouble carries a cost as well. To me, a coin that has to be set aside for special disposition is worth less than one I can just spend.
...wait, what did I just say?
Many of the damaged cents I find in Coin Star rejection bins will get rejected by the self check-out machines at Walmart but I have no trouble at all passing them on to human cashiers in supermarkets. I was unaware that banks would not take damaged coins, though.
Usually I get a real bent out quarter or chewed up nickel along with the disintegrating zinc cents.
I did find this bad boy today:
It weighs 3gs I thought it looked like a buffalo struck on a foreign split planchet. But as I said I am fairly new to this.
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