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1861 Trime medallic alignment

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Gyrene7483
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 Posted 02/26/2012  01:41 am Show Profile Bookmark this topic Add Gyrene7483 to your friends list Get a Link to this Message

A short time ago I bought an 1861 3 cent silver piece from a friend that has a rotated reverse of 180 degrees otherwise known as medallic alignment. It was a raw coin and I sent it off to NGC for grading and attribution of the error. The coin is a solid AU coin showing virtually no wear and to my surprise NGC slabbed it an XF-45. I showed the coin to my coin club president who had worked as a professional grader and he said it should have been labeled an AU-50.










Ed
ANA LM-3175

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 Posted 02/26/2012  02:04 am  Show Profile Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
It seems like quite a few of these trimes have rotation errors. There are two 1961s on Teletrade right now with medallic alignment, though they don't have attribution.

http://www.teletrade.com/coins/lot....235&lot=1221
http://www.teletrade.com/coins/lot....231&lot=1242
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Australia
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 Posted 02/26/2012  05:19 am  Show Profile Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Should not happen in modern coin production. The dies have witness guides on them, to enable accurate alignment when they are set into the coining press.
Rest in Peace
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9104 Posts
 Posted 02/26/2012  06:25 am  Show Profile Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
There are two 1961s on Teletrade right now with medallic alignment, though they don't have attribution.


Bet they got the date wrong, too.

Gyrene-

They may have market graded it down for the toning.
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 Posted 02/26/2012  07:03 am  Show Profile Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
it is estimated that there are up to 200 of these 1861's rotated between 90 and 180 degrees.
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 Posted 02/26/2012  10:35 am  Show Profile Check CoinsKelly's eCrater Listings Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
I sent in a beautiful 1851 and it came back as Surfaces Tooled. I took it to three separate dealers including the one I bought it from and no one could identify the tooling. I left it in that obnoxious slab because it is protected and I am keeping the beautiful coin for me. Don't let the "grade" bother you too much if you are planning on keeping it.

For buyers, another tale of buy the coin and not the slab!
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 Posted 02/26/2012  12:36 pm  Show Profile Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
Should not happen in modern coin production, and yet...



That's about 165°.
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