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Something Unusual, New Mexico State Quarter Waffle Coin

 
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Author Previous TopicReplies: 9 / Views: 867Next Topic  
Pillar of the Community
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 Posted 10/06/2017  01:00 am Show Profile   Bookmark this topic Add Coppergold to your friends list Get a Link to this Message
I've kind of wondered how much one of these could go for... any ideas?

Edited by Coppergold
10/06/2017 04:57 am
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United States
6836 Posts
 Posted 10/06/2017  04:29 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
That looks to me to be a waffled coin and not a canceled die.

I'm not an expert on them ... my basic level of understanding is that the mint 'waffles' damaged coins. I'm not sure the mechanism for how they get released from the mint.

David
Take a look at my other hobby ... http://www.finewoodcrafter.com
Too many hobbies .... too much work .... not enough time.
Pillar of the Community
United States
939 Posts
 Posted 10/06/2017  04:58 am  Show Profile   Bookmark this reply Add Coppergold to your friends list Get a Link to this Reply
Thank you david, yeah I knew this as a waffle coin I thought that was the same as struck with a canceled die, but you are right, I made the change in my title. Thank you again! :)
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88611 Posts
Bedrock of the Community
United States
34683 Posts
 Posted 10/06/2017  12:31 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
From what I understand the mint "waffles" the damaged coins before they send them out to a recycler. They are simply "scrap metal". As to value,check eBay sold values.
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
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10197 Posts
 Posted 10/06/2017  12:48 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Yea, some "entrepreneur" had the idea to get a bunch of these slabbed and is making a killing on cancelled scrap metal! Unique, yes, collectable investment value, no. The mint has been "waffling" many coins for very many years. To find one in the raw is unusual. These aren't found that way, the cancelling process takes the coin out of the channel of circulation, different direction than packaging for distribution. When found in the wild, more like a "mint assisted error", mint employee tossed it in the circ bin for a CHRers cheap thrill!

Think they're neat, every error collector needs at least one! But sure wouldn't buy one, cheapest raw dime was $11.71, cheapest overall was 50- nickels to $3 a piece...hmmm,


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 Posted 10/06/2017  1:26 pm  Show Profile   Bookmark this reply Add Chase007 to your friends list Get a Link to this Reply
Around $8-$10
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 Posted 10/06/2017  1:57 pm  Show Profile   Bookmark this reply Add Coppergold to your friends list Get a Link to this Reply
Thanks team for all the replies. That's cool though, maybe some fell on the floor and they tossed it back into the pile that wasn't meant to be destroyed. Or... the mint employee maybe put it in his pocket? Lol we all know there is a bad seed in every group!
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 Posted 10/06/2017  8:36 pm  Show Profile   Bookmark this reply Add ckrakowski to your friends list Get a Link to this Reply
What I have always wondered is how does the mint waffle a coin.
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 Posted 10/06/2017  9:05 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Rolling press machine, not something you'd want body parts to go thru...
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