Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Error Coins
>
what is the most uncommon errror
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 10591, member: 112"]Joe - </p><p><br /></p><p>I obviously have not made myself clear. Only 3 coins out of the ten are considered by the Mint to be genuine errors. These particular 3 coins - and the Mint knows which ones they are - were released by the normal process into circulation by the US Mint. This not only makes them genuine errors - it also makes them legal to own. But only these 3 particular coins. This was all confirmed by an intensive investigation undertaken by the US Secret Service. </p><p><br /></p><p>As for the other 7 - you are correct in that it is believed that they were surreptitiously & intentionally fabricated by Mint employees in an effort to enrich themselves. It should be understood that this did not happen until after the first mules were discovered and sold on the open market. It was then that the Mint employees in question realized what profits they could gain if they made duplicates of these coins. It was then that they did so. This was also confirmed by the US Secret Service.</p><p><br /></p><p>So you see - there is difference for some of the Sacky mules. Three of them are genuine errors which were produced as part of the normal minting process. </p><p><br /></p><p>The other seven of the known ten mules were struck by Mint employees who deliberately matched the dies from the two different coins to produce the coins. For these 7 coins - I agree with you - they are not genuine errors.</p><p><br /></p><p>As for the press release about this that you mention - it was published in Coin World some time ago. And yes - I do believe that CONECA does classify them as errors also.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 10591, member: 112"]Joe - I obviously have not made myself clear. Only 3 coins out of the ten are considered by the Mint to be genuine errors. These particular 3 coins - and the Mint knows which ones they are - were released by the normal process into circulation by the US Mint. This not only makes them genuine errors - it also makes them legal to own. But only these 3 particular coins. This was all confirmed by an intensive investigation undertaken by the US Secret Service. As for the other 7 - you are correct in that it is believed that they were surreptitiously & intentionally fabricated by Mint employees in an effort to enrich themselves. It should be understood that this did not happen until after the first mules were discovered and sold on the open market. It was then that the Mint employees in question realized what profits they could gain if they made duplicates of these coins. It was then that they did so. This was also confirmed by the US Secret Service. So you see - there is difference for some of the Sacky mules. Three of them are genuine errors which were produced as part of the normal minting process. The other seven of the known ten mules were struck by Mint employees who deliberately matched the dies from the two different coins to produce the coins. For these 7 coins - I agree with you - they are not genuine errors. As for the press release about this that you mention - it was published in Coin World some time ago. And yes - I do believe that CONECA does classify them as errors also.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Error Coins
>
what is the most uncommon errror
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...