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 Replies: 44 / Views: 4,290 |
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Pillar of the Community
United States
7630 Posts |
1). There is a 99.9% chance that your coin is a genuine mint error. The dealer that it was showed to is obviously an uninformed idiot or was trying to rip you off (There is not a shortage of idiots, or people that will try to rip you off, in the coin business!)
2). Show it to several other dealers and get opinions but do not accept any offers (yet!).
3). Ship the coin off to ANACS for a quick third party verification and authentication.
You have nothing in the coin, nothing to lose and everything to gain.
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New Member
 United States
8 Posts |
Thanks all! I think my husband felt pretty silly after bringing it in to the dealer.
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Moderator
 United States
56855 Posts |
Ellen, What shop did you go to? Your coin looks like a real off center strike. John 1  |
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Pillar of the Community
United States
2403 Posts |
I'm sorry your husbands experience with the coin shop was so unpleasant. Please don't let this discourage you form finding out more about your coin.
I agree 100% with what westernsky said...you have nothing to lose and possibly a lot to gain.
Can you give us side by side pictures of the coin in question and an regular nickel? This will give the pro's here a size reference to go on.
BTW what a cool thing to find in a box of old letters.
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Rest in Peace
United States
7075 Posts |
Ellen, have you read the letter you bought? Just curious to see if there is any mention of coin collecting.
I'm hoping that whoever put the coin into that holder knew what they had.
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New Member
United States
8 Posts |
The letters are WWW2 love letters and no mention of coins- I think it was accidentally in the box.
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New Member
United States
8 Posts |
I didn't know the dealer weighed it- 5.1. From everything I'm reading, that would be a nickel- probably miss struck like many of you guessed. Does that put the value at about $100? Thanks
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Pillar of the Community
United States
7630 Posts |
The value of the error would be more on a silver nickel planchet than it would be on a regular nickel/copper planchet.
Errors on silver nickels are scarcer because their were fewer silver nickels made during that 4-year WW2 time frame. Most of the nickel mintage has been on nickel/copper planchets for the last jillion years.
Your nickel is worth getting slabbed.
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Bedrock of the Community
United States
10284 Posts |
I must admit, I was "off center" myself since it weighs 5.1 grams. A nickel planchet it was then and off center. Struck outside of the collar and not misaligned dies then.
Still yes a type coin error since it is a wartime nickel. Congrats and not a "fake" coin.
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Pillar of the Community
United States
2775 Posts |
Quote:
The Content:56% Copper 35% Silver 9% Manganese Off center on a war time specimen showing the date, should net many more love letters as is. Still have to wonder if there's may have been some nostalgic correlation between the letters and coin being saved together. Thanks, Doug. |
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Valued Member
United States
460 Posts |
Not sure why so much confusion with this coin, it's a normal looking off center strike. What makes it interesting is that it is a War Nickel. |
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Rest in Peace
United States
7075 Posts |
It's still a good find. It would have been really nice if what was typed on the coin holder had been correct, but it's still a good find. I just looked at some off-center coins here: http://www.fredweinberg.com/product...ters/page/2/ The prices for error coins seems to be all over the place and that because some years or types of errors might be more in demand than other or for any number of reasons. Checking SOLD listing on ebay for similar items will give you an idea of what they are truly worth to collectors. If you do business on ebay you could try selling it there or hang onto it at try another dealer or go to a coin show and see if you can get some offers. If you sell to a dealer you have less work but you have to leave room for them to make a profit -- Anyway, I don't think it is unreasonable to expect to get $100. I hope you do well with it and I hope your good luck at flea markets continues. Feel free to ask more questions. |
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Pillar of the Community
United States
1699 Posts |
To further support the fact that the planchet is a 40% silver, nickel-sized planchet (the correct planchet) is the color. Your typical 90% silver, quarter-sized planchet will not tone this color. As for value, Sullivan has two broadstruck War Nickels for $250, retail. This error is more dramatic. The individual date/mm combination may or may not be rare, but there is likely few collecting these by date/mm. I'd say its worth $125+. Quote:
Your nickel is worth getting slabbed It is not worth slabbing, in my opinion. This error is easily identifiable and anyone lookong to buy one will know that it is an off center error. Grade is not too important. Getting this coin slabbed will add no value to most error collectors. Edited by ErrorCoins222
03/12/2017 08:32 am
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New Member
United States
8 Posts |
Thanks again for everyone's input. I have had 3 offers on the coin. Ranging from $25-$160. The higher was from a dealer and the lower from collectors- which is confusing to me. I probably will just hang on to it. Thanks again
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Rest in Peace
United States
7075 Posts |
Quote:
The higher was from a dealer and the lower from collectors- which is confusing to me. The dealer recognized it for what it was and has a customer in mind already. The collector isn't positive that it is what it appears to be and is only willing to spend so much to take a chance. Maybe.  Enjoy your coin. |
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Replies: 44 / Views: 4,290 |
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Posted 03/10/2017 6:06 pm
