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1981 Penny On A Nickel ?

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Klerius's Avatar
Canada
6 Posts
 Posted 12/27/2007  12:42 pm Show Profile   Bookmark this topic Add Klerius to your friends list Get a Link to this Message Number of Subscribers
Greetings, and first of all I would like to wish you all a merry christmas, and a happy new year.

I am new in coin collecting, and I came by a strange specimen. I found in one of my father's old loose change bucket, a 1981 penny, that was pressed on a 5 cent piece of nickel. If I rely on what I have read, and from my experience on other type of grading, I would give this piece a 6-7 / 10. How is it possible to evaluate the value of such a coin, for I have not been able to find any other on the internet ... Any suggestions ?

Thanks you !
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KurtS's Avatar
United States
5318 Posts
 Posted 12/27/2007  1:32 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
What a cool find, and it would sure be interesting to see a photo! You might check the various auction sites or error specialists to determine a market value.
New Member
Klerius's Avatar
Canada
6 Posts
 Posted 12/27/2007  2:26 pm  Show Profile   Bookmark this reply Add Klerius to your friends list Get a Link to this Reply
I am currently taking a few shots to show you guys the coin, it's pretty awesome. Pictures will be submitted in a few minutes !
New Member
Klerius's Avatar
Canada
6 Posts
 Posted 12/27/2007  2:45 pm  Show Profile   Bookmark this reply Add Klerius to your friends list Get a Link to this Reply
Here are the pictures of the piece ! Enjoy.

Head Picture

1981-Penny-On-A-Nickel-?

Tails Picture

1981-Penny-On-A-Nickel-?

Side Picture

1981-Penny-On-A-Nickel-?
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KurtS's Avatar
United States
5318 Posts
 Posted 12/27/2007  3:07 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
That's a rather dramatic wrong planchet error!
You can see how the nickel cupped around the hammer die on the strike.
Edited by KurtS
12/27/2007 3:08 pm
New Member
Klerius's Avatar
Canada
6 Posts
 Posted 12/27/2007  3:14 pm  Show Profile   Bookmark this reply Add Klerius to your friends list Get a Link to this Reply
Yeah, I guess it was done on the second of January, or something like it, while our canadian presser was still under the influence of l' "Eau De Vie"... Hehe.

Would a piece as such be worth anything, or it is just a fun piece to keep ?
Thanks :)
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KurtS's Avatar
United States
5318 Posts
 Posted 12/27/2007  3:18 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Sure, keep it for fun...but it's also likely to be worth a good amount of coin.
I'd guess it's worth several hundred $ easily. What do the Canadian error collectors think?
Edited by KurtS
12/27/2007 3:19 pm
Bedrock of the Community
SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 12/27/2007  6:00 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
Hi, Klerius, Welcome to the Forum!
According to a coin dealer in Regina, he has a one cent struck on a ten cent planchet, and is asking $250.00, so keep it for fun but I would also think it's worth at least that, if not more.
New Member
Klerius's Avatar
Canada
6 Posts
 Posted 12/27/2007  8:05 pm  Show Profile   Bookmark this reply Add Klerius to your friends list Get a Link to this Reply
Thanks for the information ! I'll look around for a value, and in the meantime if ever any of you would happend to know what it could be worth, please let me know :)

Thanks for the nice welcome :)
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KurtS's Avatar
United States
5318 Posts
 Posted 12/27/2007  8:47 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Well, it's sorta tough to pin down a price, but I'll say this coin is more compelling than a 1c/10c. It's far more visually dramatic, and I daresay harder to escape the RCM without being noticed. I really like that error.
Edited by KurtS
12/27/2007 8:48 pm
New Member
Klerius's Avatar
Canada
6 Posts
 Posted 12/28/2007  11:30 am  Show Profile   Bookmark this reply Add Klerius to your friends list Get a Link to this Reply
Yeah true, I have no idea how such a mistake could actually be sent out in circulation ...

I ,at first, thought it was a penny that had been "transfered" on a nickel, but if it was the case, the bevels would have been inside, instead of on the outside ...

But if I was to want an evaluation of what it would be worth, how would I do so ? Since it's probably a unique piece, it's not listed anywhere ... Anybody has a website to recommend,or a place to bring it to ?


Thanks guys !
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KurtS's Avatar
United States
5318 Posts
 Posted 12/28/2007  12:14 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
My take is there's no set "book value" on a coin like this, and generally you'll see pricing all over the map.
Take it to a dealer, and he might offer you $50, then put it on sale for $300. And, it might sell quickly at that price--depending on who sees it. The same goes for an auction. If the auction has a group of error collectors bidding, a dramatic error like this could fetch several hundred on a good day. Again, these are just my guesses.
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bmanofnbc's Avatar
United States
1424 Posts
 Posted 12/28/2007  6:23 pm  Show Profile   Bookmark this reply Add bmanofnbc to your friends list Get a Link to this Reply
Now THAT is neat!!

All I could find was this Canadian error coin website:
http://members.allstream.net/~err/

You might try contacting them to see what they have to say about value.

Valued Member
jasondeg's Avatar
Canada
100 Posts
 Posted 12/30/2007  01:39 am  Show Profile   Bookmark this reply Add jasondeg to your friends list Get a Link to this Reply
man that's really cool.
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Sleaklight's Avatar
United States
827 Posts
 Posted 12/30/2007  01:45 am  Show Profile   Bookmark this reply Add Sleaklight to your friends list Get a Link to this Reply
deep die cap error?
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