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Spectacular One Cent Error

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Forum Kid
Canada
1074 Posts
 Posted 11/10/2014  12:50 am  Show Profile   Bookmark this reply Add Vancouver IslandCoinKid to your friends list
What goes on in peoples heads! Get it graded and certified! $2 shipping? no insurance, I wonder what the best offer was?
Pillar of the Community
Canada
1472 Posts
 Posted 11/10/2014  08:38 am  Show Profile   Bookmark this reply Add Zonad to your friends list
$1925 Canadian is the guess from my corner.
Valued Member
United States
231 Posts
 Posted 11/10/2014  09:03 am  Show Profile   Bookmark this reply Add kkirby99 to your friends list
It sold for $1700 USD
Pillar of the Community
Canada
743 Posts
 Posted 11/10/2014  12:09 pm  Show Profile   Bookmark this reply Add JeyRey2000 to your friends list
the Mint should start an ebay store under a fake name and make tons listing "error" coins. these are all, in my opinion, inside garage jobs! if someone could duplicate this in their own home he would be reported to ebay for selling fake errors. I think I might have a 1978 nickel and 2 pennies laying around somewhere, all I need now is a vice.
Pillar of the Community
Canada
1984 Posts
 Posted 11/10/2014  12:33 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list
You won't get this one with a vice though.....the cent would be a mirror image.
Pillar of the Community
Canada
5324 Posts
 Posted 11/10/2014  1:33 pm  Show Profile   Bookmark this reply Add john100 to your friends list
Difference with this coin is it's struck at the mint with a penny dies, we all agree that it can only be created with mint employees help or maybe authorization who knows, as mentioned before there are many old time dealers and collectors who believe the famous 36 dot pennies were custom ordered for this collector with his well known close relationship to the mint master. It's still a cool coin, as long as you didn't order it, enjoy it as is, to me it's much more interesting than the 2005 P penny
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Canada
2427 Posts
 Posted 11/10/2014  11:10 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list
I think that most error collectors would covet this coin.
Pillar of the Community
Canada
743 Posts
 Posted 11/11/2014  12:40 pm  Show Profile   Bookmark this reply Add JeyRey2000 to your friends list
I think many folks would want this coin! it is a facinating piece but an "error" no its not! There was no error in making this coin. The 1936 dot coin is generally not talked about as an error coin either. Its a "variety" or specimen type strike, limited production.

defintions:

1. an act that through ignorance, deficiency, or accident departs from or fails to achieve what should be done

2. something produced by mistake

Pillar of the Community
Canada
2301 Posts
 Posted 11/11/2014  3:01 pm  Show Profile   Bookmark this reply Add nickelsguy to your friends list
The 1978 I cent struck on a 1977 5 cent coin COULD actually have been done by mistake. Not probable, but entirely possible. I owned one. There is a way. Again, possible but not probable. That is the difference between this error coin and say the Olympic coins struck with 1 5 10 and 25 cent dies.
Pillar of the Community
Canada
1505 Posts
 Posted 11/11/2014  4:00 pm  Show Profile   Bookmark this reply Add 47P7 to your friends list
I owned a loonie struck on a 1 cent coin.
it sold for considerably over 2K
Valued Member
Canada
170 Posts
 Posted 11/11/2014  8:04 pm  Show Profile   Bookmark this reply Add redlee to your friends list
So if were an inside "Job" would it not then be Fraud.
If it was done for resale?
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United States
16679 Posts
 Posted 11/11/2014  10:16 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
Why isn't it certified? That's the million dollar question.
swcoin.ecrater.com
Pillar of the Community
Canada
1984 Posts
 Posted 11/11/2014  11:21 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list
ICCS would not certify this whether real or not. CCCS would but, frankly, not many people would care about the opinion. It is pretty hard for a typical Canadian to get coins certified at NGC or PCGS, the two main error graders. There are few agents here that will do it for you. So you have to join the club, which costs more than for a US person and would not benefit a typical collector of non-error coins, as they generally end up at ICCS. So you have to join the club to perhaps get just a few coins certified. If you join the club and get 4 errors certified (at $75 extra each) you are probably all in with shipping and the membership looking at about $150 per coin for the certificate. Then there is the border. I have made a few submissions to the US and I am waiting on tenterhooks until I get their email saying it is received. There are many examples you will hear of from here about coins getting stolen on their way to the US. Then you have to pay to get it back here and you always worry Canada customs will try to charge you duty on your own coin when it comes back.

So up here, error certification is less common than in the US. I suspect that the buyer of this coin will be able to assess its validity, perhaps with some help from people on this site.
Edited by Smallcentguy
11/11/2014 11:22 pm
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Canada
10460 Posts
 Posted 11/12/2014  01:11 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list
Here is an example, that nickelsguy was referring to... also sold uncertified, at a Heritage auction. Even Heritage noted that, "This unusual mint error presumably required help from the press operator."

http://coins.ha.com/itm/errors/1978...a/454-2621.s

Someone was sure having a lot of fun, in 1978...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

My eBay store
Edited by SPP-Ottawa
11/12/2014 01:12 am
Pillar of the Community
Canada
2781 Posts
 Posted 11/12/2014  08:55 am  Show Profile   Bookmark this reply Add Wade to your friends list
probably "take your kid to work day",

I remember going to work with my dad at age 6 or 7 and printing off stacks of million dollar cheques on his paymaster embosser... boy was he "unimpressed" when he found out...
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