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Replies: 9 / Views: 2,672 |
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New Member
Canada
28 Posts |
Hi, I have a 100 dollars gold coin with a little bright dot under the DO of the word DOllars. Is it a significant error or not? Thank's to comment this.  Edited by CdNum 12/20/2009 06:00 am
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Valued Member
United States
324 Posts |
If every coin has the same error then its not significant. If only a few coins have this error, and its well defined (i.e., has some height to it as opposed to being shallow or just a surface dot), them it may have some significance to some collectors.
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New Member
 Canada
28 Posts |
Hi, It's a 50th Anniv, Newfoundland's Confederation with Canada 1999 100 dollars gold coin. Mintage is 10242 on wikipedia ( Royal Canadian Mint numismatic coins (20th century) Mabe someone have one with the same DOT under DO? It's a very little dot (bright if look in the light of the day or under light) I took a picture with flash. The dot is not so big as you see on the picture but you can see this brightness. Thanks to comment this.
Edited by CdNum 12/20/2009 06:01 am
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Bedrock of the Community
United States
12437 Posts |
Are you sure it is an actual raised lump of metal? It looks like it could be a toning spot and slightly blurred photos taken through the holder make it difficult to determine either way.
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New Member
 Canada
28 Posts |
Hi,
I don't know what is it exactly. I only have a loop (8X). I don't know if it is lower or higher than the surface. I will need a microscope to know what is exactly.
Edited by CdNum 12/08/2009 12:43 pm
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Pillar of the Community
 Canada
9866 Posts |
It's not a coin,it's 14karat giftware,dot or not won't change its value,only a very significant error would make it more desirable.
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New Member
 Canada
28 Posts |
I don't understand when you say "It's not a coin"... Yes it is and have a value of 100 dollars, plus a low mintage and good face value. It's not a jewel. Actually, I think it is the best investisment you can do in gold because you pay a good price for these type of coins and have a low mintage. If gold is going down, collectable value help to keep a good price; and if gold go up, the price raise too. I don't know if it is possible to have a gold coin with a very significant error but it seem to be extremely rare. Because it's a 1999 coin, I will name this : The 20th Century Do-Dot Coin  Many thanks.
Edited by CdNum 12/09/2009 07:19 am
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New Member
United States
4 Posts |
is this raised or a flush mark?
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Valued Member
United States
245 Posts |
"I don't understand when you say "It's not a coin"... Yes it is and have a value of 100 dollars"
It wasn't made for circulation. I couldn't tell you how much gold is in your coin, or if it is plated. IMO that dot has no value.
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Pillar of the Community
Canada
650 Posts |
Ok Cdnum I will have to look at my 1999 Gold 100$ and see if it has a dot. And I agree if you can always find these for bullion value with a slight curve for the lower mintage, a lot of the coins issued in the 2000s plus are down to 5000 for the mintage and are over somewhat higher than bullion value. They are however, mint product and not meant to be carried in your normal change, and you may not be able to cash in the face value at the local bank. Mint collectibles are not the same hobby as circulated coins. Enjoy your coin and you never know, we could find one day mint product becomes more popular just based on the limited mintage, they just have to put the brakes on the immense pile they keep cranking out.
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Replies: 9 / Views: 2,672 |
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