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Replies: 58 / Views: 31,905 |
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Bedrock of the Community
United States
10045 Posts |
I always found the close alignment of both strikes very interesting... 
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Pillar of the Community
United States
2589 Posts |
Its not struck on a blank 64 planchet, its struck on a 64 quarter! If it was struck on a blank planchet I'm sure pcgs would have certified it. But a struck quarter needs to be at the very least thrown into the planchet bin 8 years after it was produced. Although there is the possibility it could have fallen out of someones pocket, the alignment of the second strike leans heavily towards the suggestion that it is an intentional error. -XoG
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Valued Member
United States
303 Posts |
I am thinking that because of the close alignment that they were trying to cover up the 1964 because they did not have a silver blank. It is just an assumption since we don't know what they were trying to do or if it is even a human caused error at all. :D
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Pillar of the Community
United States
2521 Posts |
Quote: But a struck quarter needs to be at the very least thrown into the planchet bin 8 years after it was produced. Although there is the possibility it could have fallen out of someones pocket 1964 quarters were struck until January 1966, knocking it down to the possibility of 6 years instead of 8. Although I agree with you due to the alignment...probably intentional.
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Pillar of the Community
3660 Posts |
I can imagine (and suspect) a mint quarter used as a test restrike in a government surplus coin press by a private owner/operator. Quite plausible and more likely than a genuine mint error. The coin would be worth 25 cents at best if this were shown to be the case.
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Pillar of the Community
United States
3294 Posts |
Except it would have a silver value closer to $3
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Pillar of the Community
United States
2541 Posts |
I would still pay a decent amount of money to own it! Coins with lots of controversey around them about whether or not they are legit tend to be valuable (think 1933 double eagle!). Now I'm certainly not saying this is work $7 million, but I'm sure there are quite a few people that would pay 4 or even 5 figures to own it regardless of what a TPG says about it.
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Pillar of the Community
3660 Posts |
$3.00 of silver in a quarter? Hmmmm....
With a quarter tipping the scales at a net weight of .0739 grams of silver($3),
a roll would constitute 2.956 grams of silver($120),
a little over ten rolls of quarters would be nearly one troy ounce of silver($1200).
Yeah, you're right, forget gold, I want those quarters. Where can I cash 'em in?
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Valued Member
United States
335 Posts |
A silver quarter contains over 5 grams of silver, not .0739g.
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Locked
822 Posts |
 Yeah, if you're gonna play the sarcasm card, be sure to play with a full deck.
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Bedrock of the Community
United States
12437 Posts |
Quote: I can imagine (and suspect) a mint quarter used as a test restrike in a government surplus coin press by a private owner/operator. Yes, the Mint does occasionally sell surplus presses(see Moonlight Mint for one) but they do not sell usable dies so that scenario is not plausible. There are several known cases of Mint employees creating "errors" so that is the most likely explanation. And, as AndrewC pointed out, a 90% silver quarter contains 5.625g of silver(0.18 troy oz) which currently brings 11-12x face value.
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Pillar of the Community
3660 Posts |
Yes, my apologies Andrew and scubu, after thoroughly reading the thread I see that it has been definitively determined that this coin in struck from at least .900 pure silver. I should have been able to tell this by pictures of the reeding of what is assuredly the same coin.
Gothic Florin, I know of just such an owner/operator of a surplus government press. He does not however, engage in purposely striking such coins in efforts to deceive, and I imagine that he would sooner 'give' such a cull or test piece than to sell it. While I do not doubt your estimates of what some folks might pay for a coin such as this, I still see it as the worthless test cull that I believe it is (despite the market value of it's silver content).
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Pillar of the Community
3660 Posts |
Yes biokemist, it is far more than plausible, it is reality. As soon as I get my 50 posts in, I will then be able to share with you a link to a thread from another forum that will make you a believer.
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Pillar of the Community
3660 Posts |
Biokemist, I now have 50 posts and was on the verge of emailing you with that link, but after finding and rereading it, I see that I was completely wrong about the information that it contained, and therefore am completely wrong about 'everything' that I have said in this thread. There is nothing like feeling really, really stupid (trust me on 'that').
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New Member
United States
2 Posts |
Hello, I have a silver quarter from 1972 but do no see the markings on it from 1964. I will upload an image soon. I wasn't sure how many of them there were out there.
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Replies: 58 / Views: 31,905 |