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Most Exciting Find Ever! (Enormous Off Strike Error!)

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DVCollector's Avatar
United States
10045 Posts
 Posted 12/16/2012  1:13 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
Congrats on finding that cool coin!

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biokemist6's Avatar
United States
12437 Posts
 Posted 12/16/2012  2:12 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
Is it because they're that common? If not, then I guess it must be because there's not a market for them

There is certainly a market for them but off-centers are also one of the most common error types so that tends to limit the value of most examples. A full date adds to the value and the best examples have a date and not much else. Your coin is roughly 40% off-center and would be worth $7-10.

The US Mint has utilized new QC measures for a little over a decade now with the goal of reducing the number of errors leaving the Mint. Prior to that, the best source of errors were the small canvas mint bags received by banks. This was the primary source for the best errors that would not be able to fit into a roll and, of course, many other errors that could fit into a roll.
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Conder101's Avatar
United States
17884 Posts
 Posted 12/17/2012  3:09 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Now if it was a 2002 or later THEN it would be something to get excited about. As biokemist mentioned they put stricter quality control measures in place back then, and also switched to horizontally striking presses. This makes off-centers dated 2002 and later MUCH rarer and quite valuable (think three figures instead of one). The QC would catch most of them and many fewer were made. With a vertically striking press if the planchet is not in the collar it sits there and can be struck by the dies. With a horizontally striking press if a planchet is not in the coining chamber it falls out of the press. You may get the dies clashing but not an off-center. To create an off center the dies have to come together and catch the planchet while it is falling out of the way from between them.
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BenjaminsBaby's Avatar
United States
250 Posts
 Posted 12/17/2012  5:51 pm  Show Profile   Bookmark this reply Add BenjaminsBaby to your friends list Get a Link to this Reply
nice find I'm sure ill run across one that is that offset after awhile...the biggest off set I have found was one that was only about 10%...it was on both sides of the coin....but I'm guessing that that is what an offset is as if it was just one side it would be considered a miss aligned die....is that correct?
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