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Can Someone Explain Why This Is An "Error?"

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 Posted 10/31/2019  4:43 pm  Show Profile   Bookmark this reply Add fioti to your friends list
wouldn't even guess. I certainly wouldn't pay 85. for something that looks like a piece off

a pocket knife.
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 Posted 10/31/2019  5:01 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list
Susan said they call it an "mint error" because "mint trash" wouldn't look professional on the slab.

Yes, she has a strong opinion about it.
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 Posted 10/31/2019  5:38 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
Don't like "trash" how about what it is Mint Scrap?
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 Posted 10/31/2019  6:41 pm  Show Profile   Bookmark this reply Add moxking to your friends list
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 Posted 10/31/2019  7:25 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Slabbing something like this is ridiculous in my opinion.
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 Posted 10/31/2019  7:32 pm  Show Profile   Bookmark this reply Add Spence to your friends list
To me, this looks more like a so-called "dog bone" test specimen sometimes used during tensile testing to assess the strength of a material.

https://www.testresources.net/blog/...est-samples/
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 Posted 10/31/2019  8:33 pm  Show Profile   Bookmark this reply Add Yokozuna to your friends list
It's a mint error only in the fact that it shouldn't have left the mint and entered the numismatic marketplace. It could have been sold by the scrap dealer that the mint sent the webbing to. I have 50 or so pieces of scrap that I bought for a dollar at a flea market. Some are larger and more complex than this one, but none show tapered edges. I would pay another dollar for this piece, but I wouldn't even think of paying $85!
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Can-Someone-Explain-Why-This-Is-An-


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 Posted 10/31/2019  8:50 pm  Show Profile   Bookmark this reply Add macmercury to your friends list
-001

That to me is a first in NGC holder.
The holder and label worth more than scrap metal.
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 Posted 10/31/2019  8:53 pm  Show Profile   Bookmark this reply Add Chase007 to your friends list
And how did that make it out of mint? but at any rate, to me it would be a mint trash.
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 Posted 10/31/2019  9:03 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Stupid thing that NGC should be shamed for grading. Why anyone would want to own a piece of scrap metal like this is beyond me.
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 Posted 10/31/2019  9:10 pm  Show Profile   Bookmark this reply Add Petespockets55 to your friends list

Quote:
To me, this looks more like a so-called "dog bone" test specimen sometimes used during tensile testing to assess the strength of a material.


It didn't look like webbing I've seen before because of it being rectangular.

I'm wondering if Condor1 is correct and NGC mistook a legitimate test piece for a piece of scrap that had erroneously been punched out on both sides. An error because it doesn't look like other webbing?
(At first, I thought it might have had to do with the thickness of the cladding since the thickness appears different on both )
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 Posted 10/31/2019  11:55 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list
This reminds me of the dime struck on a nail from a few years ago...
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 Posted 10/31/2019  11:57 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list
Genuine webbing is collectable, why it would get holdered I have no clue. It's an 'error' because it was supposed to be melted an accidentally escaped
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 Posted 11/01/2019  12:31 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
And how did that make it out of mint?

The strip webbing is chopped up and sold as scrap to metal recyclers or anyone else willing to pay the most. (Sales used to be handled by the GSA, may still be. If you want some you can show up at the sale, out bid the recycler and buy yourself a few tons. This is also how things like press parts, feed fingers, even defaced dies, not including the ones the mint sold directly to collectors, get into the marketplace.) Once it is paid for and hauled off they can do anything they want to with it. The recycler typically melt it down but some of it probably gets carried home by workers and things like this wind up on the market.
Edited by Conder101
11/01/2019 12:35 pm
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 Posted 11/01/2019  1:53 pm  Show Profile   Bookmark this reply Add Panther to your friends list
On a personal note, that takes NGC down a notch in my book.

Dan
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