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Grab Your 1971-S Proof Sets & Look For This Rare 5¢ Variety!

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JDRMCB's Avatar
United States
616 Posts
 Posted 11/03/2015  6:13 pm Show Profile   Bookmark this topic Add JDRMCB to your friends list Get a Link to this Message Number of Subscribers
I don't mean to beat a dead horse into the ground, but now that I finally know what I discovered in a 1971 proof set last year, I would like to know just how rare(if at all) this proof variety nickel actually is!

It is officially listed in the Wexler Files as WDDO-004 / WDDR-004 ( DDO / DDR) that also exhibits the most profound, extraordinarily unique, "die marker" that I have ever seen on any other variety, especially a proof!

For those who have not seen my previous thread on this nickel, check out the link to it below.


https://goccf.com/t/196147



Here is my very unique proof nickel.



Grab-Your-1971-S-Proof-Sets-&-Look-For-This-Rare-5¢-Variety!

Grab-Your-1971-S-Proof-Sets-&-Look-For-This-Rare-5¢-Variety!

Grab-Your-1971-S-Proof-Sets-&-Look-For-This-Rare-5¢-Variety!


And here are both of its official attributions.




Grab-Your-1971-S-Proof-Sets-&-Look-For-This-Rare-5¢-Variety!

Grab-Your-1971-S-Proof-Sets-&-Look-For-This-Rare-5¢-Variety!



Through extensive research by myself and a fellow collector (that also found an identical example of this proof nickel variety), we have determined that including ours, there are only eight (8) examples of this proof nickel variety currently known to exist.

And I believe that Condor101's post in my previous thread, in which he elaborates on the proof minting process in great detail, as well as the likely scenario that created this unusual variety, to be the most logical and plausible explanation for this unusual variety thus far.



Quote:
Because it probably was a one time anomaly that created a single defective proof die. Then consider that proof die life was probably less than 10,000 coins (today it is closer to 3,500.) Then also consider that the proof coins ARE inspected. The bad die was probably found fairly quickly and pulled along with all the specimens from that die they could find. That would mean that a very few coins actually got out. Say 100 got out, they made 3,220,733 sets. That's 1 coin in every 32,200 sets or .003% of the mintage. Anyway who was looking at the reverses, they were all looking for the missing S nickel. If the S was there they ignored the coin any further. (As a rule most collectors only bother looking for what has already been discovered and reported.)



Especially the last part about all the hype created by the highly publicized "1971-No S" proof nickels, which in all likelihood, gave collectors "obverse tunnel vision" and as a direct result, it left no real incentive for collectors to even examine the reverse.

In my opinion, the undeniable, naked eye visible, attention grabbing anomaly which has yet to be explained and simply labeled "die damage" should be the focal point of the variety and not just mentioned in the footnotes of the listing as a "very unusual die marker" for this minor DDO / DDR proof.

Correct me if I'm wrong, but wasn't the highly publicized and highly collected 2004-D Wisconsin State Quarter -Extra Leaf High / Low Variety, (attributed & slabbed by all the top tier TPG companies by the thousands, and to date, still command high premiums) ultimately determined to be caused by a similar naked eye visible die gouge or dent?

In my opinion, the only difference being that those occured in more recent years, on mass produced business strikes, not on proof strikes from the early 1970's, which are minted on a much smaller scale in comparison, and with much higher QC standards, as coins were supposedly examined by hand before being allowed to leave the mint.

So please, if you have 1971-S proof set in your collection or one filling the hole in your Dansco #8113 album, and you wouldn't mind, take a closer look at the reverse of the coin for me and let me know if anyone finds an example of this extraordinary variety!

I would also like to hear your theories as to what type of "die damage" that could have occurred to create this very unusual, highly symmetrical and purposeful looking "die marker" found to be positioned perfectly vertical in relation to the uprights, inside of the second U in UNUM.

Any other thoughts, opinions, or working theories as to the origin of this variety are welcomed and highly encouraged!

Thanks!
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lovecoins's Avatar
United States
331 Posts
 Posted 11/03/2015  6:25 pm  Show Profile   Bookmark this reply Add lovecoins to your friends list Get a Link to this Reply
i will look look on ms to
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 11/03/2015  6:34 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
Time to check ebay!
How much are these selling for?
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JDRMCB's Avatar
United States
616 Posts
 Posted 11/06/2015  1:58 pm  Show Profile   Bookmark this reply Add JDRMCB to your friends list Get a Link to this Reply

Quote:
Time to check ebay!
How much are these selling for?


That's just it, In all of the extensive research I've done since discovering this coin, (via numerous variety attribution guides, CCF and other like forums) I have only seen one other example of this variety from a fellow collector that contacted me after he stumbled upon a topic that I had posted about it on another forum.

He informed me that upon the addition of my coin, the total known pop was now at eight (8) for this very unusual proof variety.

So even though it's been officially catalogued and attributed a dual variety proof coin ( DDO / DDR) with the most spectacular eye catching (and yet to be explained) "die anomoly/marker" that I've ever seen on the reverse!

And being that it only has a total pop of eight (8) examples known in existence, I'm quite certain it will continue to fly well beneath the radar as an UNKNOWN variety to 99.9% of the numismatic community,

That's why I am reaching out to all CCF members to check their 1971-S Proof Sets. This variety will remain a sleeper until other examples are discovered and reported. Then hopefully it will generate enough interest to establish a collector base and possibly convince one of the leading variety coin experts to write a feature article about this "very unusual" proof variety in an upcoming edition of one of the various numismatic publications or magazines to help solve the mystery as to the possible origin and overall rarity of this truly enigmatic proof variety.
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tweak800's Avatar
United States
1249 Posts
 Posted 11/12/2015  12:43 pm  Show Profile   Bookmark this reply Add tweak800 to your friends list Get a Link to this Reply
Make that 9 now . I got this for $3 but that's because I cheated. Let me be honest now I looked for about an hour on ebay going through every listing for 1971 proof nickels. finally I found one with a reverse that had the extra metal on it. Problem was it was a stock photo and he has only 2 left to sell. I contacted him and luckily he still had the one from the photo. so I asked if he could please send that one and in my mailbox today was this beautiful specimen. There is a lot of dust in the holder but oh well I didn't do it I need to get a different holder for this anyway. Now I wonder How much it is really worth ;)





Grab-Your-1971-S-Proof-Sets-&-Look-For-This-Rare-5¢-Variety!


edit: this was my 1000th post
Edited by tweak800
11/12/2015 12:45 pm
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JDRMCB's Avatar
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616 Posts
 Posted 11/12/2015  7:04 pm  Show Profile   Bookmark this reply Add JDRMCB to your friends list Get a Link to this Reply
Congrats on your 1000th post !

(Correct me if I'm wrong...but I believe you promised to give "something of great value" away as some sort of prize in a contest you were going to have when you reached this epic milestone?!) So what's the plan?

AND

For your most recent proof variety acquisition!

Truth be told with the coin in hand, isn't the reverse "anomoly" the most extraordinary profound "die dent/marker" you have ever seen? It immediately catches your eye as soon as you turn the coin over to examine it! Not to mention it's on a Proof coin!


I've been looking high and low for another example for months now and have been buying every 1971-S Proof Set I can get my hands on for <$5 w/ free shipping and I have found many different varieties on virtually every coin in the set including the nickel, just not this particular variety...YET!

For the time being, my "discovery coin" has been placed in a custom Capital Plastics nickel holder and permanently added to my personal collection in hopes that through the efforts of the few, that this extraordinary proof variety coin will generate enough "buzz" to one day be a recognized variety by the Top Tier TPG's so that I can have it professionally encapsulated with attribution in an effort to preserve its DCAM appearance.

Let me know if you locate another one or know of one for sale, as I would like to aquire a second example to compare to mine in an attempt to confirm or disprove a few working theories I've developed.

IMHO, that was an epic Cherrypick!
Congrats again!

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tweak800's Avatar
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1249 Posts
 Posted 11/12/2015  8:22 pm  Show Profile   Bookmark this reply Add tweak800 to your friends list Get a Link to this Reply
Yes I just got home from work and allow me to take a few pictures before I start contest. AAnd the prize is something different from everyone else's prizes I hope people like it or whatever.


Yes this coin though. Amazing I love the extra metal I am going to take a couple pictures of it to show off its doubling I'm thinking it may be a really early die state . You will see why from my pictures. Give me a hour or so to eat dinner and I get on to take care of everything.
Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 11/12/2015  9:20 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
...looks at clock...
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tweak800's Avatar
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1249 Posts
 Posted 11/12/2015  9:25 pm  Show Profile   Bookmark this reply Add tweak800 to your friends list Get a Link to this Reply
Well I looked at brians coins just to see your pictures and I renig there is no difference in die state here are my pictures and as you can see the seperation lines are all about the same and those go away in later die states usually .
P.S. this is an awesome coin I hope to find a value on it one of these days . This is another one for Numismatic News because of the anomoly with the U and the fact it was unlisted soooo long . Awesome awesome coin I'm going to look for others as well. I set out to look for this one which is why I was on ebay looking through them all in he first place rarely does that ever work out.;)

Edit if you need photos to be able to prove or disprove anything let me know I can take them pretty close up or at a decent distance

Grab-Your-1971-S-Proof-Sets-&-Look-For-This-Rare-5¢-Variety!

Grab-Your-1971-S-Proof-Sets-&-Look-For-This-Rare-5¢-Variety!

Grab-Your-1971-S-Proof-Sets-&-Look-For-This-Rare-5¢-Variety!
Edited by tweak800
11/12/2015 9:27 pm
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SilverStackerKid's Avatar
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6478 Posts
 Posted 11/13/2015  12:36 am  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
The seller had 2 available. I got the last one. I hope so bad that I got the one in the photo.

http://www.ebay.com/itm/1971-S-Jeff...AOSwLa9UYkuH
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tweak800's Avatar
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1249 Posts
 Posted 11/13/2015  12:44 am  Show Profile   Bookmark this reply Add tweak800 to your friends list Get a Link to this Reply
I hate to burst your bubble SSK that's the guy I got mine from let's hope he had more than one. That seller is thinking why are these selling all the sudden
Edited by tweak800
11/13/2015 12:45 am
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SilverStackerKid's Avatar
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6478 Posts
 Posted 11/13/2015  12:44 am  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply




Mixed emotions.

Gonna go listen to Only Time by Enya.

Probably going to cry.
Edited by SilverStackerKid
11/13/2015 12:47 am
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tweak800's Avatar
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1249 Posts
 Posted 11/13/2015  12:51 am  Show Profile   Bookmark this reply Add tweak800 to your friends list Get a Link to this Reply
I feel bad but I can't help but laugh . It's not a loss really at pr 66 they are worth 3 dollars anyway and as far as I know his coins are all really nice . So here's to hope and who knows you may get lucky and he had another. Let us know only took like 3 days to get to me in FL
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SilverStackerKid's Avatar
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6478 Posts
 Posted 11/13/2015  12:55 am  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
We'll see I guess. I'm glad you got one though.
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JDRMCB's Avatar
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616 Posts
 Posted 11/13/2015  12:26 pm  Show Profile   Bookmark this reply Add JDRMCB to your friends list Get a Link to this Reply

Quote:
Well I looked at brians coins just to see your pictures and I renig there is no difference in die state here are my pictures and as you can see the seperation lines are all about the same and those go away in later die states usually.


Being that it was an blatantly obvious error on the reverse die of a proof coin, I seriously doubt the die pairing was able to strike enough coins to advance the die state before being discovered and replaced. So it's my theory that all examples found should be almost identical.

It is interesting though that the one I have exhibits a deep cameo appearance whereas the stock photo in the listing I saw on ebay didn't appear to be a cameo?

I'll try to retake a few pics of the doubling on mine and post later to compare.

By the way, your ambiguous description of this prize has me very intrigued!
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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 11/13/2015  12:33 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
I think there are about 50, if my educated estamate is correct.
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