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Replies: 25 / Views: 3,486 |
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Pillar of the Community
Canada
5324 Posts |
Most likely PCGS 25 cent coin if was in new true view holders will have a faint 64 date showing and PCGS at times miss labels Canadian coins as PL and MS
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Pillar of the Community
Canada
3328 Posts |
I feel like they should post clear evidence for the price, especially the 26¢ piece.
I still don't know the difference between PL grading and MS based on DBM's comment. So circulation or uncirculated sets can be grade PL?
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Valued Member
 Canada
98 Posts |
Canadian Proof-like sets were produced until 2010. Starting in 2011 (technically, starting with the 2010 special edition set), Canadian mint sets included regular business strikes (which grade as "MS"). Specimen sets have been available for many years historically, and were produced for sale to the general public starting in 1970/71. From this point up until 1995, specimens and proof-likes are extremely similar and although I have never tried myself, I would imagine PCGS would likely confuse the two. Starting in 1996 Canadian specimen coins have a distinctive finish which you can see for yourself if you look at the pictures on the mint website. Actual "proof" sets were not produced until 1981. They have always featured a strong cameo and heavy contrast with the fields, which are extremely reflective. PGCS grades these as "PR" (not P) and I usually see other grading services use "PF" instead. The coins in the pictures in the ebay listing appear to be prooflikes to me. @john100 is correct that PCGS is prone to confusing PL and MS but I believe they got it right with these coins. The above is correct to the best of my knowledge, if you think I made a mistake, just let me know. Edit: To clarify the difference between PL and MS coins is that PL coins came from mint sets, while MS coins came from regular distribution channels (rolls, bags ,etc). As a result PL coins were handled carefully and will usually be seen in higher grades. Business strikes are handled in bulk and as a result have more marks and flaws coming out of the mint. Hence a pristine business strike / MS coin is much less common than a PL coin of the same grade and will be priced as such. Since 2011, mint sets contain regular business strikes, making it easier to obtain better examples of those coins, if you go through a few mint sets and cut out the best ones.
Edited by jazzy 11/11/2021 9:18 pm
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Pillar of the Community
Canada
3328 Posts |
Appreciate that info, so PL I just a grading standard for uncirculated set coins not actually proof coins at all.
Raises another question, if I just handled and carried around an uncirculated set coin for 2-5 years how do you tell the difference between an MS+ coin and a mint set coin that has a bit of wear and toning?
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Valued Member
 Canada
98 Posts |
If the coin has wear, it would get something like "AU-50", not MS or PL, since it's circulated. It's technically still a PL strike but as far as technical grading goes you have to treat it as circulated.
Proof likes are also struck at least twice under higher pressure. It makes the strike of design more sharp to a trained eye.
There may be other ways of telling but I'm not sure I would want a circulated proof-like, except as a novelty perhaps?
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Bedrock of the Community
Australia
21788 Posts |
What is the weight? Postulation:- Standard coin, thinly electroplated with silver?
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Valued Member
 Canada
98 Posts |
That would be nice to know, but unfortunately, difficult for us, since none of us actually have the coin in front of us, and it's in a slab as well, so you can't weigh the coin directly without opening the slab.
A magnet would do wonders though.
Edited by jazzy 11/12/2021 12:14 am
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Bedrock of the Community
Australia
21788 Posts |
Jazzy:- you have made a point.
Pity that you have to break the slab to cross authenticate a coin by confirming it's weight. With slab unbroken, you just have to fully trust the grading service, but that is one of the reasons why I don't like slabs all that much, when it comes to coin investigations. What is in the slab is supposed to be authentic, but that is not the primary function of a coin grading service. Their primary focus is the grading of coins.
It can be an expensive process to break out a coin, weigh it, and then re submit for grading. With lower valued coins, that process is almost an exercise in futility.
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Valued Member
 Canada
98 Posts |
With slabbed coins you now have two questions to ask:
1) is the slab authentic?
but more importantly, 2) is the coin authentic?
1) helps in determining 2) but the latter is usually more difficult than if the coin were raw (in which case the former would not apply anyway). Slabs seem to help novices have a sense of whether a coin is legitimate but an expert in the area would have better judgement anyway.
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Pillar of the Community
Canada
5324 Posts |
The dollar on 50 cent silver looks exactly like the one offered to me quite a few years ago by Mr. Moore, he told me the story of how one major collector owned most of the dollar units, around 7 to 9 coins, this coin was also in a older blue label PCGS holder just like this set. PCGS does have a buy back warranty on their slab, which is why on errors like this type you need a TPG to confirm the error. If this type of error interest you would want TPG to confirm it, especially the price it usually sell for. Most collectors trust PCGS that they did the correct test, that is why if they say the 25 cent is struck on a 64 date, there must be some date showing and if re slab with true view photos more details will appear. The seller in this case is a well known dealer, but to me for the price the coins looks too much like the original struck coins you need to read the label first.
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Pillar of the Community
Canada
3328 Posts |
With the dollar coin, struck on the 50¢ planchette the design does not look flawed at all, when iv seen other examples of larger coins struck on smaller planchettes the design is not usually fully on the coin. This looks like a 1$ die that was made smaller to fit perfectly on the 50¢ planchette. Is the consensus here an inside job? As they are graded and authenticated I have no reason to believe they are fake or anything.
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Valued Member
 Canada
98 Posts |
There is indeed a 2.4mm difference between the diameter of a nickel dollar and silver 50-cent piece. The dollar is larger, but interestingly the rim of this dollar is visible and doesn't seem like there is a 1.2mm difference on either end? Could be deceived but that's what it appears like to me.
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Pillar of the Community
Canada
5324 Posts |
The high grades and the back story I have mentioned of one collector owning most of the units at one time just leads to a conclusion of custom made, also nobody I ever heard goes nickel hunting as collectors do for silver, one can almost say the reason these coins exist in these grade is they were ordered just like the famous dot penny. If you like this type of error, just enjoy it, you didn"t order it, sometimes back I shared a 50 cents struck on a loonie it looks perfect like a designed golden 50 cent piece, so sometimes the planchets are really close in size. A comment about size, the dollar offered to me in hand you can tell the coin is slightly smaller
Edited by john100 11/12/2021 11:06 am
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Moderator
 Canada
10460 Posts |
Quote: What is the weight? Postulation:- Standard coin, thinly electroplated with silver? Not a chance! The Canadian numismatic community has known about these "anomalies" for decades. They are very real. You folks should pay more closely to the replies of nickelsguy and DBM - because they also told you exactly what these are (experience speaks volumes). These "silver" were struck intentionally by a mint press operator, for a dealer (Rudolph Hoffman) in Ottawa, along with the 1969 double struck (in collar) 1c and 10c. Both were charged and convicted in September of 1970 (you can search the Ottawa Journal archives to find them). They struck all kinds of coins on silver and gold planchets or even other host coins. Only the coins that were in possession of the mint worker and the dealer at the time of their arrest were seized by the RCMP. The rest have trickled out into the error world and while indeed "mint sport" some collectors really like them. I remember the late coin dealer Allan Davies showing me half a roll of the 1969 10c on silver planchets more than a decade ago. I own one of the 1969 nickel dollars: https://www.PCGS.com/cert/21894034I do not have TrueView photos, but you can see photos here: https://www.PCGS.com/setregistry/co...-errors/1621
"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 OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
 Canada
98 Posts |
Thanks for clarifying. I figured you out of anyone would know best about the dollar. Awesome insight!
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Replies: 25 / Views: 3,486 |
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