Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Error Coins
>
Why is this 1957-D Cent GOLD?
>
Reply to Thread
Message:
<p>[QUOTE="phankins11, post: 2234345, member: 70703"]Gold plating or some other plating. It was very common on these in the 50s and 60s....similar in reason why you can find scads of gold plated state quarter sets out there. Profiteers looking to make money off of people who don't know what they are buying. Someone buys these *24 Karat* gold plated sets thinking they are worth tons of money, to find out one day they are worth-less because now they have a damaged coin that will only spend at face value...Some people will collect the plated sets tho. I've sold a couple for a bit over face and made a buck or two. To each his own.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>[USER=72090]@RobRobyn[/USER] - As a committed forum member, collector, numismatist and enthusiast, here to learn as much as I can from others who know more than I do, I apologize for the above quoted "muddying of the waters."</p><p><br /></p><p>There is no such thing as an professional or non professional error person or maker. An error can only happen at the mint, up until the coin leaves a press, anything that happens after that is not an error...it's call circulation at best, but Post Minting Damage is really what it is. Plated coins are PMD, a coin altered after it leaves the mint.[/QUOTE]</p><p><br /></p>
[QUOTE="phankins11, post: 2234345, member: 70703"]Gold plating or some other plating. It was very common on these in the 50s and 60s....similar in reason why you can find scads of gold plated state quarter sets out there. Profiteers looking to make money off of people who don't know what they are buying. Someone buys these *24 Karat* gold plated sets thinking they are worth tons of money, to find out one day they are worth-less because now they have a damaged coin that will only spend at face value...Some people will collect the plated sets tho. I've sold a couple for a bit over face and made a buck or two. To each his own. [USER=72090]@RobRobyn[/USER] - As a committed forum member, collector, numismatist and enthusiast, here to learn as much as I can from others who know more than I do, I apologize for the above quoted "muddying of the waters." There is no such thing as an professional or non professional error person or maker. An error can only happen at the mint, up until the coin leaves a press, anything that happens after that is not an error...it's call circulation at best, but Post Minting Damage is really what it is. Plated coins are PMD, a coin altered after it leaves the mint.[/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
>
Why is this 1957-D Cent GOLD?
>
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...