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Fantastic 1906 Gold Indian Head Cent Offered At Greatcollections

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3848 Posts
 Posted 09/12/2022  7:16 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list
I will have to do more reading on this coin. What a neat coin, and thank you for sharing! I am curious what the hammer price will be, as it is pretty high already.
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 Posted 09/12/2022  7:30 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list
Wow, pretty amazing coin.
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 Posted 09/13/2022  12:10 am  Show Profile   Bookmark this reply Add jimbucks to your friends list
Unusual coin. Price seems much higher than I would have expected, but someone wants it! Thanks for posting.
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15445 Posts
 Posted 09/13/2022  06:25 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
Wow - that's completely unexpected. Surely this was an error assisted by a mint employee.
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 Posted 09/13/2022  07:54 am  Show Profile   Bookmark this reply Add RedRaider to your friends list
No that's a cherry-pick!! Tough to top that one for sure! How high will it go?
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Taiwan
606 Posts
 Posted 09/17/2022  01:49 am  Show Profile   Bookmark this reply Add Everest to your friends list
Contrary to Great Collections assertion that this is an almost certainly unique error there are at least seven others known and documented by Heritage in their sale of a 1905 PCGS MS64 Indian cent struck on a $2 1/2 gold planchet ( 17Sept2015 )

https://coins.ha.com/itm/indian-cen...ption-071515
Edited by Everest
09/17/2022 05:14 am
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Australia
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 Posted 09/17/2022  05:06 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
I cannot help thinking the possibility that it is a Mint employee 'mint sport', somewhat like a 1913 Liberty Head Nickel.

I also cannot help thinking that some minor giveaway diagnostic may have been disguised by 'jingling' it, to simulate circulation wear. Why this may? have been done I can only speculate, and will keep those to myself. That seven others may also exist, despite the assertion that it is unique, also has me thinking.
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 Posted 09/17/2022  9:12 pm  Show Profile   Bookmark this reply Add SpeedDemonND to your friends list
Interesting error!
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 Posted 09/17/2022  9:31 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list

Quote:
there are at least seven others known and documented by Heritage


The Great Collections coin was overstruck on a gold Mexican 5 peso, not on a quarter eagle like the Heritage example, so it probably is unique. There is a lot of circulation wear, so it seems possible that it was carried for years as a pocket piece by a mischievous mint worker. Still a great error!
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 Posted 09/18/2022  01:17 am  Show Profile   Bookmark this reply Add Everest to your friends list
Thank you for pointing that out Zurie.It certainly is most likely unique in that regards. Several of the other Indian Head gold cents that Heritage documented were struck on planchets weighing more than the standard weight of Quarter Eagles at the time.
Interesting times at the Mint around the turn of the century.
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United States
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 Posted 09/18/2022  04:47 am  Show Profile   Bookmark this reply Add newguy22 to your friends list
@sel_69 Perhaps some mint worker put an already struck gold 5 pesos piece under the dies, and then did some work after the coin was made to cover up any underlying features that would give it away that the gold "planchet" was really a Mexican 5 peso coin? Kind of like those old 1804 Bank of England silver dollars that were struck on old 8 reales pieces. The uncirculated versions have features that tell you it was struck over an old Mexican 8 reales, but worn examples not so much.

Somewhat similar to this topic:
Fantastic-1906-Gold-Indian-Head-Cent-Offered-At-Greatcollections
Fantastic-1906-Gold-Indian-Head-Cent-Offered-At-Greatcollections

Check out this old Buffalo nickel error struck on a half eagle planchet
Link: https://coins.ha.com/itm/errors/191...nail-071515#
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Australia
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 Posted 09/18/2022  07:47 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
A first for me re the gold Nickel ! - interesting.
I might put a bid in for it, if it ever comes up for auction.
Great Collections Representative
United States
33 Posts
 Posted 09/18/2022  10:27 am  Show Profile   Bookmark this reply Add greatcollections to your friends list
And just to clarify - the coin is struck on a Mexican gold planchet, but not overstruck on a Mexican 5 Pesos. It has only the edge inscription on the planchet.

- Ian
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 Posted 09/20/2022  7:03 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list
Thanks for the clarification, Ian.

BTW, for everyone else, the final hammer price on this was $72,500 (over $81,500 including buyer's fee). Very impressive for a coin found in a bulk lot at a coin show. One of the better cherry picks I've heard about
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Edited by hokiefan_82
09/20/2022 7:04 pm
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 Posted 09/21/2022  02:39 am  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list
Very kool coin!

Without a doubt a mint worker experimenting, there has been tons of account with them doing these kinds of things.
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