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Pillar of the Community
United States
670 Posts |
If indeed the 3 legged buffalo is nothing more than an over polished die, why is it so valuable. We have tens of thousands of other over polished die variation on every type coin ever minted. Yet they are WORTHLESS. In actuality, as the story goes, the mint employee had a die clash, and he attempted to repair it, by trying to remove the damage. Well if that is true, to remove the leg, the die would of had to have been filled in, not ground off. The legs are low spots on the die, not high spots that can be ground off. . Why was this considered so rare ? Here is a link to the supposed reason for the error. There is also a variation on the 1936-D. Same Die Clash, Same Employee, Same method to repair ? Doesn't add up. I suspect nothing more than a grease filled die. That would also explain the very low number minted, and the multiple dates. Any thoughts ? https://www.us-coin-values-advisor....-Nickel.htmlDan Edited by Panther
10/17/2019 2:17 pm
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Bedrock of the Community
United States
40195 Posts |
Back in that time period, they didn't know what happened. The craze took off and still hasn't stop. I consider these die events. Others call them varieties. They were normal coins when they we first used, the die was altered. So to me they are die die events. People snag them up and pay big money for them. Not me. I stick to the real varieties. Often people give names to something and they take off. Why did they give a name. They found a bunch of them are unloading them on new collectors. Put them in books and create a forest fire with them. Down the line, people will look back and wonder: "Why did I collect these?". Missing devices, no mintmark, removed devices, speared, (die scratches) 'RUST', spitting, peglegs, crapping horses. Anything to unload the ones they found on the unwise ones.
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Pillar of the Community
Canada
2792 Posts |
@Panther, you should not expect logic when it comes to coin collecting. Popularity and demand cannot be determined by logic.
For some reason coin collectors have taken a fancy to this particular error/ variety, and the rest is history.
In Canada, premium prices are paid for silver dollars with a counterstamp "JOP", which was applied by an individual with those initials and not by the mint. If I applied one with my initials it would be considered a damaged coin.
Go figure!
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Pillar of the Community
United States
670 Posts |
If I read into what you say, you also feel NO BIG DEAL.
The die repair idea baffles me because the leg area is a low spot in the die, grinding would increase that depth, they would have to FILL the die to remove the leg. Therefore it was either grease fill, or something harder that didn't fall out tool quickly. None the less, in today's world a worthless coin, except for age value. A modern coin, a spender or 2X2 for your personal satisfaction of finding it.
Dan
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Bedrock of the Community
United States
40195 Posts |
Die polishing removes the fields. then sub devices, then mid devices when the polishing is way over done.  The devices are deeper into the die. (Dies are negatives of coins.) Sunk in on the die, is raised on the struck coins. Hubs look the same as the coin as they are positives:  |
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Bedrock of the Community
United States
17898 Posts |
Collectors vote with their money. If no one cared for them, they would be cheap.
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Pillar of the Community
United States
5651 Posts |
The image coop posted makes it look like Abe just bit into a lemon!  |
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Bedrock of the Community
United States
40195 Posts |
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Bedrock of the Community
United States
15920 Posts |
Quote:
If indeed the 3 legged buffalo is nothing more than an over polished die, why is it so valuable. Hype at the time, and today it is valuable because it has "always" been valuable, numismatic inertia. Quote:
In actuality, as the story goes, the mint employee had a die clash, and he attempted to repair it, by trying to remove the damage. Well if that is true, to remove the leg, the die would of had to have been filled in, not ground off. The legs are low spots on the die, not high spots that can be ground off. . Yes the leg is recessed into the die, but the front right leg that disappears was very shallowly recessed into the die. As the field of the die is ground down to remove a clashmark it is ground down far enough that it reaches the same level as the deepest recess of that leg and the leg disappears Quote:
There is also a variation on the 1936-D. Same Die Clash, Same Employee, Same method to repair ? Doesn't add up.
No hype. No added value, so no one cares about the 36 D.
Gary Schmidt
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Bedrock of the Community
United States
40195 Posts |
Same issue, same mint.   Edited by coop
10/19/2019 8:55 pm
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Valued Member
United States
100 Posts |
Good read here, funny and informative.
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Shop Coin Community Members on eBay
Posted 10/17/2019 2:27 pm
