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<p>[QUOTE="VistaCruiser69, post: 14591764, member: 107016"]Googling it, I found something quite interesting for a few reasons:</p><p> </p><p><a href="https://forums.collectors.com/profile/FredWeinberg" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://forums.collectors.com/profile/FredWeinberg" rel="nofollow">FredWeinberg</a> Posts: <b>5,491</b> ✭✭✭✭✭</p><p><a href="https://forums.collectors.com/discussion/comment/10868361/#Comment_10868361" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://forums.collectors.com/discussion/comment/10868361/#Comment_10868361" rel="nofollow">June 13, 2014 6:10AM</a></p><p>Maybe this will help for clarity:</p><p><br /></p><p>The Philadelphia Mint & the Denver Mint have</p><p>Kuster's Waffle Machine on the floor, inside the</p><p>Mint's walls.</p><p><br /></p><p>They 'waffle', or cancel, any defective blanks,</p><p>planchets or error coins with this machine.</p><p><br /></p><p>It was originally developed for the European</p><p>coins that were being turned in about 15 years</p><p>ago as Europe went to using the Euro only.</p><p>There were concerns that coins returned to Banks</p><p>for the new Euro's would be stolen as large shipments</p><p>went to either the Central Banks, or to be destroyed.</p><p>This solved that problem.</p><p><br /></p><p>The US Mint bought these machines to save money -</p><p>prior to using them, large trucks with damaged or</p><p>error coins had to have armed guards on them as they</p><p>left the Mint(s), and were driven across the country to</p><p>be melted/refined by the manufacturing plants that made</p><p>some of the planchets for U.S.Mint use.</p><p><br /></p><p>Yes, they are damaged....</p><p>Yes, they are cancelled....</p><p>Yes, they are no longer legal tender</p><p>Yes, the Mint considers them scrap metal.</p><p><br /></p><p>However.......and members of this forum should know better</p><p>than others, that because they went thru the Waffling Machine</p><p>that was ON the floor of a U.S. Mint.........</p><p><br /></p><p>Yes, they are collectable.</p><p><br /></p><p>Like Rod Taylor's Time Machine in the Movieof the same name, if the Waffling Machine</p><p>was located 10 feet OUTSIDE the Mint's wall, history would be different.</p><p>Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV.</p><p>Authenticator for Major Mint Errors</p><p>for PCGS. A 42 +-Year PNG Member, and an ICTA Board Member.A full time coin dealer since 1972.[/QUOTE]</p><p><br /></p>
[QUOTE="VistaCruiser69, post: 14591764, member: 107016"]Googling it, I found something quite interesting for a few reasons: [URL='https://forums.collectors.com/profile/FredWeinberg']FredWeinberg[/URL] Posts: [B]5,491[/B] ✭✭✭✭✭ [URL='https://forums.collectors.com/discussion/comment/10868361/#Comment_10868361']June 13, 2014 6:10AM[/URL] Maybe this will help for clarity: The Philadelphia Mint & the Denver Mint have Kuster's Waffle Machine on the floor, inside the Mint's walls. They 'waffle', or cancel, any defective blanks, planchets or error coins with this machine. It was originally developed for the European coins that were being turned in about 15 years ago as Europe went to using the Euro only. There were concerns that coins returned to Banks for the new Euro's would be stolen as large shipments went to either the Central Banks, or to be destroyed. This solved that problem. The US Mint bought these machines to save money - prior to using them, large trucks with damaged or error coins had to have armed guards on them as they left the Mint(s), and were driven across the country to be melted/refined by the manufacturing plants that made some of the planchets for U.S.Mint use. Yes, they are damaged.... Yes, they are cancelled.... Yes, they are no longer legal tender Yes, the Mint considers them scrap metal. However.......and members of this forum should know better than others, that because they went thru the Waffling Machine that was ON the floor of a U.S. Mint......... Yes, they are collectable. Like Rod Taylor's Time Machine in the Movieof the same name, if the Waffling Machine was located 10 feet OUTSIDE the Mint's wall, history would be different. Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Authenticator for Major Mint Errors for PCGS. A 42 +-Year PNG Member, and an ICTA Board Member.A full time coin dealer since 1972.[/QUOTE]
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