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<p>[QUOTE="StevenHarden, post: 4258647, member: 67639"]<font face="Times New Roman">Thank you for all the information on these. Your example struck across the reverse of a Franklin 50c is neat, along with the other example you showed on the 1965 SMS 50c. As you mentioned, I don’t believe I have seen a struck through string where the string was somehow wrapped around both sides of the planchet and struck. As for SMS 50c, I’m not sure how much extra care, if any, was taken in the production. Considering it was 1966, I don’t think the mint had much of an automated system to put the SMS sets together, but I’m not sure if each set was put together by hand either.</font></p><p><font face="Times New Roman"><br /></font></p><p><font face="Times New Roman">As for the acquiring of these errors, my father and I have been dealers/collectors in bullion/coins/paper money/exonumia/etc. for the last 25 years for me and the last 60 years for my father. Since 2008 we have really been focusing more on bullion, particularly in gold and silver, and less on type coins, exonumia, errors, etc. Prior to now, especially back in the 1970s/1980s, my father was doing a ton a business through coin buys at local hotels all around the Indiana/Illinois area. We were able to do coin buys together up until about 2011, when the state government in Indiana changed the rules for doing hotel coin buys and required individuals to have a physical store location. </font></p><p><font face="Times New Roman"><br /></font></p><p><font face="Times New Roman">Through buying at these coin buys, everything would come across the table, from a small handful of coins to entire collections. We would also get contacts to meet customers at their bank/house/work/etc. to look through what they had and price out everything. When buying like this, there’s a certain amount of “miscellaneous” that comes along with the items you can turn for a quick profit. These miscellaneous items would include tokens, odd paper money, odd type coins, error coins, etc. Most of the these were just tossed back and accumulated over the course of 50-60 years. As for error coins, there were not a ton coming in at once, but over time, they amassed to a pretty large amount.</font></p><p><font face="Times New Roman"><br /></font></p><p><font face="Times New Roman">Every time the bullion market tends to get haywire, like nowadays, we switch over and put out focus and time into these miscellaneous items. It just happens that our focus is on the error coins area now, which led me to posting a variety on this site. What I have posted really is just the tip of the iceberg, with some selections that I’ve tried to post that seem especially interesting or neat. If you and the others on this site enjoy these, I can try to continue to post more as I get a chance. I have done the same thing on this site before, with unusual paper money, tokens, etc. and have generally had a positive response.</font></p><p><font face="Times New Roman"><br /></font></p><p><font face="Times New Roman">As for the 1966 SMS set with the error 50c, this was likely held back during the sale of SMS sets in the 1960s. In addition to what I mentioned above, we also buy out entire coin shops and inventories when they close/retire. This set was actually listed by the dealer as a “below average” set with a “problem 50c”.</font></p><p><font face="Times New Roman"><br /></font></p><p><font face="Times New Roman">So, over all this time it really is hard to know exactly where some of these were acquired. We are still in the process of trying to get through these pieces and the information on this site provided by individuals who specialize in this area has facilitated that effort. I have actually received some messages from people wanting to purchase some of these errors. I welcome any offers, but that is an entirely separate discussion.</font></p><p><font face="Times New Roman"><br /></font></p><p><font face="Times New Roman">I hope this gives a little insight into where these errors have came from. Each error has its own story. As I mentioned, if there is still interest, I will try to continue posting various pieces on here.</font></p><p><font face="Times New Roman"><br /></font></p><p><font face="Times New Roman">Thank You.</font>[/QUOTE]</p><p><br /></p>
[QUOTE="StevenHarden, post: 4258647, member: 67639"][FONT=Times New Roman]Thank you for all the information on these. Your example struck across the reverse of a Franklin 50c is neat, along with the other example you showed on the 1965 SMS 50c. As you mentioned, I don’t believe I have seen a struck through string where the string was somehow wrapped around both sides of the planchet and struck. As for SMS 50c, I’m not sure how much extra care, if any, was taken in the production. Considering it was 1966, I don’t think the mint had much of an automated system to put the SMS sets together, but I’m not sure if each set was put together by hand either. As for the acquiring of these errors, my father and I have been dealers/collectors in bullion/coins/paper money/exonumia/etc. for the last 25 years for me and the last 60 years for my father. Since 2008 we have really been focusing more on bullion, particularly in gold and silver, and less on type coins, exonumia, errors, etc. Prior to now, especially back in the 1970s/1980s, my father was doing a ton a business through coin buys at local hotels all around the Indiana/Illinois area. We were able to do coin buys together up until about 2011, when the state government in Indiana changed the rules for doing hotel coin buys and required individuals to have a physical store location. Through buying at these coin buys, everything would come across the table, from a small handful of coins to entire collections. We would also get contacts to meet customers at their bank/house/work/etc. to look through what they had and price out everything. When buying like this, there’s a certain amount of “miscellaneous” that comes along with the items you can turn for a quick profit. These miscellaneous items would include tokens, odd paper money, odd type coins, error coins, etc. Most of the these were just tossed back and accumulated over the course of 50-60 years. As for error coins, there were not a ton coming in at once, but over time, they amassed to a pretty large amount. Every time the bullion market tends to get haywire, like nowadays, we switch over and put out focus and time into these miscellaneous items. It just happens that our focus is on the error coins area now, which led me to posting a variety on this site. What I have posted really is just the tip of the iceberg, with some selections that I’ve tried to post that seem especially interesting or neat. If you and the others on this site enjoy these, I can try to continue to post more as I get a chance. I have done the same thing on this site before, with unusual paper money, tokens, etc. and have generally had a positive response. As for the 1966 SMS set with the error 50c, this was likely held back during the sale of SMS sets in the 1960s. In addition to what I mentioned above, we also buy out entire coin shops and inventories when they close/retire. This set was actually listed by the dealer as a “below average” set with a “problem 50c”. So, over all this time it really is hard to know exactly where some of these were acquired. We are still in the process of trying to get through these pieces and the information on this site provided by individuals who specialize in this area has facilitated that effort. I have actually received some messages from people wanting to purchase some of these errors. I welcome any offers, but that is an entirely separate discussion. I hope this gives a little insight into where these errors have came from. Each error has its own story. As I mentioned, if there is still interest, I will try to continue posting various pieces on here. Thank You.[/FONT][/QUOTE]
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