Wisconsin Error??

Very few coin dealers know anything about errors. It's highly unlikely that any in your local area will be well-informed. They'll often pretend to know and will provide you with inaccurate information and bad advice. So just be wary.

 

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I just want to say that I totally understand where Speedy comes from, as well as GDJMSP.... and that I think some types of damage have very little appeal to me as well, but I just hope you'll keep in mind that some people see bits of history in post-strike damaged coins, like holed ones, for instance. My friend always said that he loved to imagine where the damage had been done and what kind of "life" that particular coin had. That's the appeal, and that's why some people like error coins just as much as ms-65 slabbed, perfect coins.

~AJ

 

I understand the desire for a perfect coin. But I find normal coins boring. Once you've got it, it's done. With errors, you've got several hundred basic types, numerous subtypes, and an infinite number of combinations and permutations. New discoveries are constantly being made and new mysteries are always just around the corner. I just find it very stimulating.

But everyone is entitled to their passion. Vive la difference!

 

Lol - and then let us all hail the guys who made the vanilla-chocolate twist cones!

 

Hello

Just looking and I think Mr Weinberg put it best. In regards to my Maine P quarter he told me to "Enjoy it as an interesting conversation
piece, and an example of how the Minting Process can "go wrong" sometimes." As a relativaly new coin collector I whould think it neet have a few error coins for just that reason. Examples of what can go wrong. As far as value goes, I am still working on that part. But some of these error coins are going for outragous prices. But their are people out there who get sucked in by the hype. I think Barnum said, "There's a sucker born every minute." His 1936 coin is worth 300.00 now. I thought it might be funny.

James Simmons

 

Has anyone seen that "waffle" error? I saw a PCGS graded one selling for like $1000, whoa

 

You can get a waffled coin for $65 I think...there is a ad in the mag Coins with them....

Speedy

 

I have a 1953 D US penny that is white and magnetic. It weighs 3.10gms. could this be real or fake? Some coin collectors that saw it wants me to send it for authentication.

 

I was going to add this piece of information as well.

 

The 1953 D cent is probably plated, if you post a picture of it we can probably give you a good idea.

It costs money to send a plated or damaged coin off to an authenticator so you should post a picture here first, if possible.



Thanks,
Bill

 

Hi,

When we talk about errors, those are coins that were a result of a mishap during the minting process.

When we speak of a damaged coin, we usually associate "damage" with an occurrence that happens outside of the Mint.

A coin may look like a damaged coin to those who may not be familiar with the Minting process but a Minting mishap is not the norm. The actual fact is that coins, for the most part, are struck fairly well and those of us who are into errors know that each error coin is technically unique. There may be thousands of off-center struck coins but technically no two are identical.

Some Mint errors are scarce or downright rare. I know that It may seem that there are errors all over the place because 50% or more of the sellers on Ebay are selling coins as errors that exhibit machine doubling damage or that have been whacked with a hammer but some real Mint errors are very dramatic and worthy of a premium as they should not have made it out of the Mint.

Things like minor die cracks and die chips are as common as sand and are sold at a premium on eBay to the newer collectors who did not learn yet that they can look through ten dollars worth of cents and find a dozen with minor anomalies. This may add to the impression that errors are common. Some are and I'll mention that later.

I toured the Philadephia Mint several years ago and I was drooling over the coins that were rejected as errors. They were all caught though, prior to being mixed in with the coins destined for circulation. The quality control is much better than you might think.

Die varieties like doubled dies are not errors, they are anomalies with the dies themselves where the details are hubbed more than once out of proper alignment. Most are rare as it is often the case that only one die was effected and the production from one die can be very scarce when compared to the billions of other coins that may be struck in a given year.

The challenge of finding a good error coin in circulation or finding one that is a known or new die variety is truly interesting. It does add spice to my life anyway It was said before... To each his own ...that's what makes this fun.

keep in mind though that not all coins that are technically errors have any major value.

Minor die chips and die cracks as well as coins that may have a tiny portion missing due to being struck while some grease was on a die have practically no value whatsoever above face since they are so common.

A nice flip over double strike is a different story Something like that would be a great addition to a collection of errors as it is a tough one to come by.

Anyway, just my two cents

Bill

 

I would say it has the appearence of a lamination error.

Jazzcoins joe :smile

 

In reality there are two errors. 1st the die operator. And 2do. The inspection Dept. for let to go out damaged coins.

 

I have the same 53 penny as well as a 76 both more magnetic than they should be. common sense would say they are not electroplated due to the copper portion is what is wearing off plus them weighing in at a normal copper weight. I will just send them both in to finally answer this mystery

 

Don't do It! The coins are plated. There is no way possible they were produced like that at the mint.

 

The TPG will thank you, free money.