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Why is machine doubling not worth much?
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<p>[QUOTE="justafarmer, post: 828287, member: 3926"]Working die #1 produces approximately 1,000,000 coin, as does die #2 and Die #3 and so on. In MOST cases every coin is approximately 1 of a million. The odds that the coin you are holding in your hand was produced by working die #1 or working die #2 and so on are virtually the same. A coin produced by working die #15 which may not be doubled is no more rare than a coin produced by working die #789 which may be doubled being that both dies produced appoximately the same number of coins. The odds that the coin you are holding in your hand exhibits doubled die characteristics depends on the number of doubled working dies in relation to the total population of working dies placed in service during the production cycle. The odds that the coin you are holding in your hand was produced by doubled working die #789 depends on the total population of working dies placed in service during that production cycle. Which is still the same approximate odds for a coin produced by working die #15 or #222 or any other working die from the total population. Note that I used the term MOST as there are situations where the doubling error is so blatant that a working die is retired from service early.[/QUOTE]</p><p><br /></p>
[QUOTE="justafarmer, post: 828287, member: 3926"]Working die #1 produces approximately 1,000,000 coin, as does die #2 and Die #3 and so on. In MOST cases every coin is approximately 1 of a million. The odds that the coin you are holding in your hand was produced by working die #1 or working die #2 and so on are virtually the same. A coin produced by working die #15 which may not be doubled is no more rare than a coin produced by working die #789 which may be doubled being that both dies produced appoximately the same number of coins. The odds that the coin you are holding in your hand exhibits doubled die characteristics depends on the number of doubled working dies in relation to the total population of working dies placed in service during the production cycle. The odds that the coin you are holding in your hand was produced by doubled working die #789 depends on the total population of working dies placed in service during that production cycle. Which is still the same approximate odds for a coin produced by working die #15 or #222 or any other working die from the total population. Note that I used the term MOST as there are situations where the doubling error is so blatant that a working die is retired from service early.[/QUOTE]
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Why is machine doubling not worth much?
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