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The Mystery of the 1892 Columbian Commem Half's #1, 400, 1492, 1892
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<p>[QUOTE="mynamespat, post: 2963811, member: 83738"]The second image in the above post is reported by <i>Coinweek</i> to be the 2/3 coin (It sold for $40k in 2002). If I recall correctly from previous research, the flaw is only visible in the highest points... but I don't have time to source that right now. </p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Also from that same <i>Coinweek</i> article (which is taken from a <i>New York Times</i> article):</p><p><br /></p><p>“No power was applied to the machine for the first test. Instead, Foreman Albert Downing placed one of the planchets in the receiver and grasped the lever which raises the lower die while Edwin Cliff, his assistant, stood at the balance wheel. Then came the critical moment. …</p><p><br /></p><p>“Unfortunately the first attempt was a failure. … To an ordinary observer it might have appeared perfect, but the coiner and designer examined it under a glass. One glance was enough.</p><p><br /></p><p>“<b>A fatal flaw was revealed, and the verdict which consigned the prospective ten-thousand dollar beauty to the scrap box was pronounced. A hammer was at hand, and what might have been the most famous coin in history was battered into comparatively worthless metal."</b></p><p><b><br /></b></p><p><b><a href="https://www.coinworld.com/news/us-coins/2014/10/proof-1892-columbian-half-dollar-fails-to-win-10000.all.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.coinworld.com/news/us-coins/2014/10/proof-1892-columbian-half-dollar-fails-to-win-10000.all.html" rel="nofollow">https://www.coinworld.com/news/us-coins/2014/10/proof-1892-columbian-half-dollar-fails-to-win-10000.all.html</a></b></p><p><b></b>[/QUOTE]</p><p><br /></p>
[QUOTE="mynamespat, post: 2963811, member: 83738"]The second image in the above post is reported by [I]Coinweek[/I] to be the 2/3 coin (It sold for $40k in 2002). If I recall correctly from previous research, the flaw is only visible in the highest points... but I don't have time to source that right now. Also from that same [I]Coinweek[/I] article (which is taken from a [I]New York Times[/I] article): “No power was applied to the machine for the first test. Instead, Foreman Albert Downing placed one of the planchets in the receiver and grasped the lever which raises the lower die while Edwin Cliff, his assistant, stood at the balance wheel. Then came the critical moment. … “Unfortunately the first attempt was a failure. … To an ordinary observer it might have appeared perfect, but the coiner and designer examined it under a glass. One glance was enough. “[B]A fatal flaw was revealed, and the verdict which consigned the prospective ten-thousand dollar beauty to the scrap box was pronounced. A hammer was at hand, and what might have been the most famous coin in history was battered into comparatively worthless metal." [url]https://www.coinworld.com/news/us-coins/2014/10/proof-1892-columbian-half-dollar-fails-to-win-10000.all.html[/url] [/B][/QUOTE]
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The Mystery of the 1892 Columbian Commem Half's #1, 400, 1492, 1892
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