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Did I Just Stumble Across A $6000 Error Coin?

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Author Replies: 4 / Views: 98Next Topic  
Valued Member

Canada
60 Posts
 Posted Today  2H 25M ago Show Profile   Bookmark this topic Add Rustoleum to your friends list Get a Link to this Message Number of Subscribers

I ask my local bank for any nickel dollars they have. I randomly noticed this 1982 Constitution dollar is in coin alignment instead of medal alignment. I googled it and saw an 2019 article from the Canadian Coin news that says they are very rare and one was auctioned for $6000. Here is quote from the article:

It's listed in the Charlton Standard Catalog at $6,000 in Mint State-63 - with nothing priced lower - and was described by auctioneers as "an exceptionally rare offering unlikely to be encountered again by most bidders."

I don't know a ton about coin values, let alone error value, so don't want to get too excited until someone with more knowledge confirms that this is a special coin. Can any experts on here confirm, and also suggest how to proceed? Send to a coin grader for authentication?

Did-I-Just-Stumble-Across-A-$6000-Error-Coin?
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johnnysprawl's Avatar
Canada
1630 Posts
 Posted Today  1H 36M ago  Show Profile   Bookmark this reply Add johnnysprawl to your friends list Get a Link to this Reply
Score!

Yes, I would send it to ICCS; according to their 2016 population report, there are only 16 certified in mint state, so pretty scarce.
PCGS has 12 certified.

TCNC sold an MS-65 in 2024 for $9,000 including premium
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United States
1522 Posts
 Posted Today  1H 9M ago  Show Profile   Bookmark this reply Add halfamind to your friends list Get a Link to this Reply
I would strongly recommend only handling by the rim to avoid leaving fingerprints—but thank you for the photo to confirm coin alignment.
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Canada
5333 Posts
 Posted Today  1H 7M ago  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
You should take this coin to PCGS walk through same day grading they are at next weeks ANA in Pittsburgh, if it grades above MS 64 close to a 10K coin. This is a nice find worthy of a trip to ANA, with shipping and the uncertian tarrifs situation I would not send coins with Fed ex or other delivery service
Valued Member
Canada
60 Posts
 Posted Today  25M ago  Show Profile   Bookmark this reply Add Rustoleum to your friends list Get a Link to this Reply
Thank you for the responses. I've never sent in a coin for grading before. Both ICCS and PCGS have been recommended here. Is there any reason why one may be preferable over another for a coin like this? Also, once it's graded, what would be the best way to get the most value out of it? An auction house? Coin shop? ebay? I'm just a novice collector and don't really know how to handle a valuable coin.
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