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Did I Just Stumble Across A $6000 Error Coin?

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Author Replies: 11 / Views: 253Next Topic  
Valued Member

Canada
60 Posts
 Posted Yesterday   7:56 pm Show Profile   Bookmark this topic Add Rustoleum to your friends list Get a Link to this Message Number of Subscribers

I ask my local bank for any nickel dollars they have. I randomly noticed this 1982 Constitution dollar is in coin alignment instead of medal alignment. I googled it and saw an 2019 article from the Canadian Coin news that says they are very rare and one was auctioned for $6000. Here is quote from the article:

It's listed in the Charlton Standard Catalog at $6,000 in Mint State-63 - with nothing priced lower - and was described by auctioneers as "an exceptionally rare offering unlikely to be encountered again by most bidders."

I don't know a ton about coin values, let alone error value, so don't want to get too excited until someone with more knowledge confirms that this is a special coin. Can any experts on here confirm, and also suggest how to proceed? Send to a coin grader for authentication?

Did-I-Just-Stumble-Across-A-$6000-Error-Coin?
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johnnysprawl's Avatar
Canada
1630 Posts
 Posted Yesterday   8:45 pm  Show Profile   Bookmark this reply Add johnnysprawl to your friends list Get a Link to this Reply
Score!

Yes, I would send it to ICCS; according to their 2016 population report, there are only 16 certified in mint state, so pretty scarce.
PCGS has 12 certified.

TCNC sold an MS-65 in 2024 for $9,000 including premium
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United States
1522 Posts
 Posted Yesterday   9:12 pm  Show Profile   Bookmark this reply Add halfamind to your friends list Get a Link to this Reply
I would strongly recommend only handling by the rim to avoid leaving fingerprints—but thank you for the photo to confirm coin alignment.
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Canada
5335 Posts
 Posted Yesterday   9:14 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
You should take this coin to PCGS walk through same day grading they are at next weeks ANA in Pittsburgh, if it grades above MS 64 close to a 10K coin. This is a nice find worthy of a trip to ANA, with shipping and the uncertian tarrifs situation I would not send coins with Fed ex or other delivery service
Valued Member
Canada
60 Posts
 Posted Yesterday   9:56 pm  Show Profile   Bookmark this reply Add Rustoleum to your friends list Get a Link to this Reply
Thank you for the responses. I've never sent in a coin for grading before. Both ICCS and PCGS have been recommended here. Is there any reason why one may be preferable over another for a coin like this? Also, once it's graded, what would be the best way to get the most value out of it? An auction house? Coin shop? ebay? I'm just a novice collector and don't really know how to handle a valuable coin.
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United States
2298 Posts
 Posted Yesterday   10:30 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
Why are you holding your coin like this?
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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Canada
5335 Posts
 Posted Yesterday   11:01 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
If it grades nicely in a PCGS slab try to have it in Heritage Fun maybe Platinum Auction, not their regular montly auctions there simply much more eyeballs at their winter Fun auction and you will be paid in US bucks, this is where you will get the biggest price if you ask a dealer they might offer 3 to 4






Try to get this coin graded and into Heritage Fun Platinum night sale, this sale has the most eyeballs and usually get best price. Do not let them put it in a random monthly auction you will be really dissapointed, plus you will be paid US dollars. This coin belongs in a PGCS holder it will bring max value, just a guess a dealer will offer 3to4K Good luck!


this








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Canada
5335 Posts
 Posted Yesterday   11:03 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Sorry the reply kind of got messed up but the reasoning is the same
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Errers and Varietys's Avatar
United States
77378 Posts
 Posted Yesterday   11:18 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Awesome find, congratulations! Although I'd strongly recommend to stop holding coins like that. You're going to leave some pretty bad fingerprints doing that. You're don't want to leave fingerprints on coins, especially on a valuable coin. You need to either wear gloves or handle them by the edge only. Not trying to knock you down. I just want to let you know the proper way to handle coins.
Errers and Varietys.
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Greasy Fingers's Avatar
United States
7228 Posts
 Posted Today  4H 39M ago  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
WOWWWW what a nice find....I'd be giving that teller a giftcard to Starbucks. But don't tell him/her exactly what you found.

Congrats
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MisterT's Avatar
United States
2011 Posts
 Posted Today  3H 59M ago  Show Profile   Bookmark this reply Add MisterT to your friends list Get a Link to this Reply
Never knew this was a thing since I don't collect Canadian coins but that is a score of a lifetime! Congrats, I'm speechless my friend!
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westernsky's Avatar
United States
7697 Posts
 Posted Today  1H 15M ago  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Nice find! HUGE congratulations! Winner, winner chicken dinner!
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