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<p>[QUOTE="foundinrolls, post: 466079, member: 4350"]Hi,</p><p><br /></p><p>When we talk about errors, those are coins that were a result of a mishap during the minting process.</p><p><br /></p><p>When we speak of a damaged coin, we usually associate "damage" with an occurrence that happens outside of the Mint.</p><p><br /></p><p>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.</p><p><br /></p><p>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<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> but some real Mint errors are very dramatic and worthy of a premium as they should not have made it out of the Mint.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> It was said before... To each his own ...that's what makes this fun. </p><p><br /></p><p>keep in mind though that not all coins that are technically errors have any major value. </p><p><br /></p><p>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. </p><p><br /></p><p>A nice flip over double strike is a different story<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Something like that would be a great addition to a collection of errors as it is a tough one to come by.</p><p><br /></p><p>Anyway, just my two cents<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Bill[/QUOTE]</p><p><br /></p>
[QUOTE="foundinrolls, post: 466079, member: 4350"]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[/QUOTE]
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