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2006 Magnetic One Cent - Major Error

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Zonad's Avatar
Canada
1472 Posts
 Posted 09/15/2013  07:48 am  Show Profile   Bookmark this reply Add Zonad to your friends list Get a Link to this Reply
That coin is a beauty, and I would be interested.
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artdio's Avatar
1844 Posts
 Posted 09/15/2013  08:00 am  Show Profile   Bookmark this reply Add artdio to your friends list Get a Link to this Reply
let the bidding begin looks like we all want this baby..Great find for sure
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o-train's Avatar
Canada
519 Posts
 Posted 09/15/2013  09:34 am  Show Profile   Bookmark this reply Add o-train to your friends list Get a Link to this Reply
Thanks for all the feedback guys. I will make sure to let you know if it goes up for sale.
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Alexer's Avatar
Canada
2632 Posts
 Posted 09/15/2013  11:23 am  Show Profile   Bookmark this reply Add Alexer to your friends list Get a Link to this Reply
Nice find. Between SPPs and Zonads beauties and now this one all I can say is WOW. Count me in on the list of bidders.
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SPP-Ottawa's Avatar
Canada
10460 Posts
 Posted 09/15/2013  12:02 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
You don't see very many brockages after 1996, when the Canadian cent was returned to a round shape. I would think that coin would received some spirited bidding at an auction. If, or when, you decide to sell, you may want to consider consigning it to the Bells at a Coin Expo auction - you would pay considerably less in fees than selling on ebay.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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o-train's Avatar
Canada
519 Posts
 Posted 09/15/2013  5:54 pm  Show Profile   Bookmark this reply Add o-train to your friends list Get a Link to this Reply
If I were to have it graded / attributed would PCGS be a good choice? I believe ICCS doesn't do errors?

I think I'll likely be holding on to this coin because I don't think I could ever replace it.
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darryldarryl's Avatar
Canada
2427 Posts
 Posted 09/15/2013  6:46 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
PCGS and CCCS would grade it no problem!
Someone jump in and correct me if I'm wrong but I believe ICCS would even grade this particular ERROR coin.

I agree with you o-train...the coin would be hard to replace and keeping it is not a bad idea.
That's what I would do if it were my coin.
Edited by darryldarryl
09/15/2013 6:48 pm
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SPP-Ottawa's Avatar
Canada
10460 Posts
 Posted 09/15/2013  8:48 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
ICCS has not graded errors in a very long time, I doubt they would do so now.

That is, unless, you go beyond the Canadian decimal series and into tokens. Brian Cornwell is a bit of a token expert himself, and grades errors on Canadian tokens.

http://www.ebay.com/itm/290966965012
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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change4thebetter's Avatar
Canada
286 Posts
 Posted 09/15/2013  9:12 pm  Show Profile   Bookmark this reply Add change4thebetter to your friends list Get a Link to this Reply
Very nice find o-train and congrats.
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o-train's Avatar
Canada
519 Posts
 Posted 09/15/2013  10:21 pm  Show Profile   Bookmark this reply Add o-train to your friends list Get a Link to this Reply
Thanks. I think it will be going to PCGS.

Am I understanding correctly that the hammer die creates the reverse image and the anvil die creates the obverse image? I was reading in another thread that obverse brockages are more common and occur when the hammer die sticks to a struck coin. Reverse brockages occur when the planchet fails to eject but the next planchet is fed anyways.
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Canada
9866 Posts
 Posted 09/15/2013  11:30 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
That's correct.
Impressive coin!
"Dipping" is not considered cleaning...
-from PCGS website
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SPP-Ottawa's Avatar
Canada
10460 Posts
 Posted 09/16/2013  11:57 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
Thanks. I think it will be going to PCGS.


Good choice. That is where my errors of similar magnitude go. With PCGS, be prepared to pay up to $75 or more for certification of an error by itself. It is best to find a coin dealer who submits regularly to PCGS (like Sean Isaacs at Alliance Coins) or lump together an error submission with other error collectors, it gets a bit cheaper in bulk.

"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Canada
5324 Posts
 Posted 09/16/2013  12:30 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Saw the same error coin yesterday in a CCCS soft flip ms 64, really nice penny error.
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darryldarryl's Avatar
Canada
2427 Posts
 Posted 09/16/2013  3:57 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
@ john100...Where did you see the other one? Dealer?
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Canada
5324 Posts
 Posted 09/16/2013  10:06 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
I was sharing coin errors with another collector, he purchased it a few years ago from a gta dealer.
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