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Replies: 65 / Views: 13,515 |
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Valued Member
Australia
251 Posts |
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New Member
 Australia
36 Posts |
i have got a reply from the mint who suggested I send it to a reputable coin dealer for verification and certification so I have sent it off to Downies today, registered mail 
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Valued Member
Australia
354 Posts |
D/War,  Best of "Luck" There   jpl.. 
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New Member
 Australia
36 Posts |
 great news today, I had a call from Downies who did the coin verification and they have without any doubts concluded it is a fifty cent struck on a Twenty Cent planchet.  bottom line price would be $850 but being a commemorative would not be surprised if it hit $1500 at auction  
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Valued Member
Australia
295 Posts |
Well done!  Very jealous ... 
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Pillar of the Community
Australia
750 Posts |
That's excellent news D&W, congratulations!  
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Valued Member
Australia
315 Posts |
Surprising, Because I was almost ready to put the house on it as altered
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Pillar of the Community
Australia
1295 Posts |
Quote:great news today, I had a call from Downies who did the coin verification and they have without any doubts concluded it is a fifty cent struck on a Twenty Cent planchet. bottom line price would be $850 but being a commemorative would not be surprised if it hit $1500 at auction Congratulations. I'd have given you $1500 for that coin the first day you posted it. Still would. It'll get more than $2000 at auction.
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Pillar of the Community
Australia
1295 Posts |
Quote: Surprising, Because I was almost ready to put the house on it as altered As I said earlier in this thread I can admire your caution (and that of a couple of other posters) but you should approach all errors with an open mind. It's too easy when you're starting out to think EVERYTHING is an error. Once you've learned a bit you'll start realising how many "errors" are just PMD or man-made junk and you'll start doubting everything and NOTHING is an error. However, once you've learned a lot and gained your confidence you can approach all "errors" with an open mind and start looking for characteristics of what makes an error real or not. I suggest you read about how metal flows when a coin is struck and it is constrained by a collar, about how it flows when it is not constrained, think about what effect a weak strike has, think about what effect a strong strike has, and learn what "fish tailing" is. I find "fish tailing" to be one of the key "tells" of whether a lot of errors are real or not.
Edited by markn 02/04/2014 3:49 pm
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Pillar of the Community
Australia
1005 Posts |
Congratulations d&w! There was no doubt for me once I saw the scanned pictures. I do not think that being a commemorative makes much/any difference to the value of this coin - to me the value is all in the very unusual error. Are you planning to sell it?
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Pillar of the Community
Australia
1041 Posts |
I collect these wrong planchets and I have paid a lot more then $2000 send it to auction tip send it IAG on the gold coast I would get my cheque book out I say $4000 at auction still don't see any one calling this one mint sport
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Valued Member
Australia
354 Posts |
What can I say D/War. Very well done!  jpl..
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New Member
 Australia
36 Posts |
 both my son and I have learned an incredible amount in relation to error coins courtesy of the forum and the input by its members.a lot of errors seem insignificant to me and still surprises me . however both Brody and I are ever vigilant in looking at our change and whenever we get the chance to noodle. I will eventually sell the error coin cause I want to save up enough to invest in other coins such as 1930 penny. Downies have some interesting error specimens in their latest catalogue. once again I would like to extend a big thank you to all who offered comment in the lead up to the final verification. Downies gave me a nice letter of authenticity to accompany the coin back
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Pillar of the Community
Australia
539 Posts |
i would say that you would be best selling it to shanew privately if you are to sell it. odds are he would be the one buying it at an auction anyway and you would then have commission to pay
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Pillar of the Community
Australia
1041 Posts |
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Replies: 65 / Views: 13,515 |