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Mandela Coin Error

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 16 / Views: 3,847Next Topic Page 2 of 2
New Member
South Africa
10 Posts
 Posted 03/20/2009  5:09 pm  Show Profile   Bookmark this reply Add coinedcollector to your friends list
Hi Ken

The coin is of South African origin.

Nelson Mandela Commemorative 2000.

The best way I can describe the error is that the bust (front side) and the Wildebeest (reverse side) are supposed to face the same direction but not in this case they are totally opposite meaning 180 degree's. I have almost thirty other examples of this specific coin and it is the only one the is reversed like this.
Edited by coinedcollector
03/20/2009 6:22 pm
Pillar of the Community
Egypt
3470 Posts
 Posted 03/20/2009  5:20 pm  Show Profile   Bookmark this reply Add EgCollector to your friends list
to CCF

Valued Member
United States
322 Posts
 Posted 03/20/2009  6:01 pm  Show Profile   Bookmark this reply Add mikep to your friends list
Hi. Sounds like it could be a rotated die.
New Member
South Africa
10 Posts
 Posted 03/20/2009  6:13 pm  Show Profile   Bookmark this reply Add coinedcollector to your friends list
Hi

Rotated die is the best way you could describe it, I have posted photos as you will see and these are pictures of both sides of the coin without rotating the coin just flipped over.

Image: Mandela-Coin-Error IMG_4860.jpg
86.38 KB

Image: Mandela-Coin-Error IMG_4866.jpg
86.6 KB
Edited by coinedcollector
03/20/2009 6:21 pm
New Member
South Africa
10 Posts
 Posted 03/20/2009  6:24 pm  Show Profile   Bookmark this reply Add coinedcollector to your friends list
Hi

As indicated the total die rotation on this coin is 180 degree's and not 90 degree's as I first stated, I have thus changed my original posting to reflect so, Thanks
New Member
South Africa
10 Posts
 Posted 03/20/2009  6:42 pm  Show Profile   Bookmark this reply Add coinedcollector to your friends list
I can be contacted @ coinedcollector@gmail.com for any further information

Regards
Pillar of the Community
Egypt
3470 Posts
 Posted 03/20/2009  7:27 pm  Show Profile   Bookmark this reply Add EgCollector to your friends list
This coin should have a medal alignment, and from what you said I think you mean that your coin has a coin alignment.
If this is the case, I think that this is an error and a good find.
I dont know the name of the error or its effect on the coin value, but their are many experts here that will sure help you.
I think you should also make sure that it is not a counterfeit.

Only my opinion, I am still learning.

Nice find
New Member
South Africa
10 Posts
 Posted 03/21/2009  09:00 am  Show Profile   Bookmark this reply Add coinedcollector to your friends list
Hi

Is there anyone else who can comment on this coin?
New Member
South Africa
10 Posts
 Posted 03/21/2009  2:18 pm  Show Profile   Bookmark this reply Add coinedcollector to your friends list
Hi All

I do not know if this would have any bearing on the value of this coin but according to SACOIN there is a coin of the same edition that is currently estimated to be valued @ $74000 (Proof 69) the article can be found @ https://www.sacoin.co.za
Bedrock of the Community
United States
10045 Posts
 Posted 03/21/2009  2:52 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list
I wish I knew more about SA coins to comment. But there are some dozen collectors here from South Africa, so I hope they can offer you some more insight.
New Member
South Africa
10 Posts
 Posted 03/27/2009  2:13 pm  Show Profile   Bookmark this reply Add coinedcollector to your friends list
There has been a suggestion I send this coin across to the USA, will it be a futile excercise or is it possibly be worth sending over. ANY ANSWERS?
New Member
South Africa
10 Posts
 Posted 08/26/2009  07:03 am  Show Profile   Bookmark this reply Add coinedcollector to your friends list
IS THERE NO ONE ELSE OUT THERE WHO CAN OFFER ANY FURTHER ADVICE REGARDING THIS COIN ?
Pillar of the Community
United States
1840 Posts
 Posted 08/26/2009  07:52 am  Show Profile   Bookmark this reply Add snowman to your friends list
No need to yell, a simple bump would suffice.

The type of error discussed here is not all that uncommon. I would imagine that a die rotation error would only add minimal value to this common coin. The errors that really increase value are the more dramatic ones, like multiple strikes or off metal coins.
Bedrock of the Community
United States
12437 Posts
 Posted 08/26/2009  3:03 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list

Quote:
according to SACOIN there is a coin of the same edition that is currently estimated to be valued @ $74000 (Proof 69)

Sorry, but the only thing you coin shares with that one is the design. That coin is valuable because it is a very low mintage presentation piece in a very high grade while yours is one released for general circulation. However, IMO that coin has really been overly hyped(thus a highly inflated value) and that SA dealers website has a similar appearance to other sites in the US that hawk coins as a sure-fire investment, noting high percentage returns but not noting the fine details. The US has had coins that have been hyped in a similar manner and the values usually fall back to Earth when people realize that salespeople are the ones driving the value and not the market as a whole.

As for your specific die rotation question, that would be a rare error with 180 rotation on a US coin. However, I have seen examples from other world mints that are relatively common so I really have no idea if it is common or not. Your own words are telling though-

Quote:
as I already have quite a number of them

Usually, when someone finds many examples of what they think might be an unusual coin, the fact that you are finding many examples usually(but not always) rules out rarity of the coin.
New Member
South Africa
10 Posts
 Posted 09/02/2009  04:36 am  Show Profile   Bookmark this reply Add coinedcollector to your friends list
Thanks Guys

I really appreciate your input, and yes I have also wondered why there was such a rush around Mandela coins.

Cheers
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