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U.S. Mint Worker Stole $2.4M in "Error" Coins
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<p>[QUOTE="19Lyds, post: 1264888, member: 15929"]Upwards of 300,000 George Washington MEL coins were released to Florida banks.</p><p><br /></p><p>This fellow found over 11,000 or them in a multi-box purchase.</p><p><br /></p><p>[ATTACH]137320.vB[/ATTACH]</p><p><br /></p><p>At the time, the edge lettering was a two-step minting process where the edge lettering machine was not situated close to the coining press. Once coins were minted, there were literally carted over to the edge lettering process.</p><p><br /></p><p>From what I understand, the process continued until late 2007 where the edge lettering machine was physically tied to the coining press.</p><p><br /></p><p>HOWEVER, since missing edge letter coin have appeared in US Mint Sets which are governed by higher quality control standards, many MEL coins still made it out to the public through legitimate channels.</p><p><br /></p><p>This US Mint Police Officer simply had access to the area where the "known" MEL error coins were stored prior to being accounted for and then sent out for waffling and eventual recycling.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1264888, member: 15929"]Upwards of 300,000 George Washington MEL coins were released to Florida banks. This fellow found over 11,000 or them in a multi-box purchase. [ATTACH]137320.vB[/ATTACH] At the time, the edge lettering was a two-step minting process where the edge lettering machine was not situated close to the coining press. Once coins were minted, there were literally carted over to the edge lettering process. From what I understand, the process continued until late 2007 where the edge lettering machine was physically tied to the coining press. HOWEVER, since missing edge letter coin have appeared in US Mint Sets which are governed by higher quality control standards, many MEL coins still made it out to the public through legitimate channels. This US Mint Police Officer simply had access to the area where the "known" MEL error coins were stored prior to being accounted for and then sent out for waffling and eventual recycling.[/QUOTE]
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U.S. Mint Worker Stole $2.4M in "Error" Coins
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