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1944-S Jefferson Wrong-Planchet Error

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Jaobler's Avatar
United States
6381 Posts
 Posted 06/10/2009  1:22 pm Show Profile   Bookmark this topic Add Jaobler to your friends list Get a Link to this Message Number of Subscribers
Here is a spectacular coin: a 1944-S Jefferson nickel struck on a cent planchet. A customer brought the uncertified coin into our local coin shop for evaluation. The dealer arranged to have it sent to PCGS for authentication and grading and ultimately purchased it from the customer. The dealer says it's "not for sale" at this time, but maybe he'll get tired of it eventually. The price tag would likely be well over $2500 if and when he decides to sell.


1944-S-Jefferson-Wrong-Planchet-Error

1944-S-Jefferson-Wrong-Planchet-Error

1944-S-Jefferson-Wrong-Planchet-Error
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Conder101's Avatar
United States
17884 Posts
 Posted 06/10/2009  2:55 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Neat, a shellcase nickel.
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numismo's Avatar
United States
3039 Posts
 Posted 06/10/2009  3:37 pm  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
Beautiful coin !
Goes to show you that even back then, people were trying to stretch pennies into nickels.
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fmtaxguy's Avatar
United States
257 Posts
 Posted 06/13/2009  01:28 am  Show Profile   Bookmark this reply Add fmtaxguy to your friends list Get a Link to this Reply
Although the Red Book guide doesn't take into account specific years and grades, it lists the Jefferson nickel on a copper planchet at $225. I don't see where the dealer gets ten times that amount, should he decide to sell. It is a neat coin, though.
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Jaobler's Avatar
United States
6381 Posts
 Posted 06/13/2009  02:08 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Fmtaxguy,
I think the fact that this is a War Nickel with the large mintmark over Monticello makes it more desirable. The dealer reported he paid over $2000 for the coin, so he obviously thinks it's worth a lot. Heritage has sold several newer-date nickels struck on cent planchets with sale prices in the $200-300 range, but none from the war years. I think it would be very difficult to find an equivalent piece.
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ratman4762's Avatar
United States
2520 Posts
 Posted 06/13/2009  02:59 am  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
I think this would command a nice premium over a regular jefferson on a copper planchet.
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gettingbrowned's Avatar
United States
259 Posts
 Posted 06/13/2009  08:37 am  Show Profile   Bookmark this reply Add gettingbrowned to your friends list Get a Link to this Reply
Wow, sweet coin, Jaobler... bet you wish that one was going in your personal collection :D!
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chuckster 125's Avatar
United States
4113 Posts
 Posted 06/13/2009  09:49 am  Show Profile   Bookmark this reply Add chuckster 125 to your friends list Get a Link to this Reply
Beautiful coin!

Question about this coin struck on a different planchet

Does this mean that this Jefferson nickel is the size of a Lincoln Penny or was made from copper etc but is the same size as a regular Jefferson nickel?

Thanks for any info on this.

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Jaobler's Avatar
United States
6381 Posts
 Posted 06/13/2009  12:54 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Chuckster,
These coins are made when a blank planchet intended for a different denomination finds its way into the coin press. The planchet necessarily must be the same size or smaller than the proper one for the coin setup, or else it will not fit within the coining chamber. Therefore, you won't see (for example) any nickels struck on quarter planchets, but you could see quarters struck on nickel planchets.

This coin started out as a cent-sized blank planchet and it probably did "spread" a little when struck, since the nickel-size coining chamber is a bit larger than a cent. However, the planchet metal did not reach the edges of the chamber and the resulting coin is smaller than a normal nickel. You can see how portions of the legends are incomplete since the entire design could not fit onto the smaller planchet.

Gettingbrowned,
I wouldn't mind having this coin but I do think the 10X premium over a "normal" error nickel is too steep. The wrong-planchet error I would really like is a cent struck on a silver dime planchet. These are known and do appear for sale occasionally. I like the idea of a silver Lincoln Wheat cent, expecially one dated 1943! Check out this coin, which sold on Heritage for $3105 back in 2002.


1944-S-Jefferson-Wrong-Planchet-Error
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chuckster 125's Avatar
United States
4113 Posts
 Posted 06/13/2009  4:42 pm  Show Profile   Bookmark this reply Add chuckster 125 to your friends list Get a Link to this Reply
thanks for the info!
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pyrbob's Avatar
United States
1943 Posts
 Posted 06/13/2009  10:57 pm  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
Chuckster, the error you mentioned above could exist but I don't know of any. It would be a wrong stock error if copper strip was fed thru the nickel blanking process. Then you would have copper nickels that were the correct diameter of a nickel. The most common example of this that I know of is the 1970D quarters struck on dime stock. They look like the regular quarter but are thin and light weight. I have also found a 1969 dime that I think is struck on quarter stock. It is the thickness of a quarter and is over weight. There is a page in the Official CONECA Handbook that list the weights for the various errors of this type.
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