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Replies: 19 / Views: 1,027 |
New Member
United States
47 Posts |
If someone at the mint intentionally makes error coins will that decrease the coins value compared to if it had been accidental? I know that proving such a thing is impossible, I'm just curious if you guys would think less of the coin or not
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Valued Member
United States
140 Posts |
Do you pos the mint would actually confirm this?
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Pillar of the Community
 United States
6517 Posts |
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Moderator
 United States
66164 Posts |
Since we cannot determine if it was intentional or not, I don't think that the value would drop.
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Pillar of the Community
United States
3500 Posts |
Very broad subject, and as stated above has/would the US Mint ever admit to a falsely created error on a coin by a mint employee.? You could read up on the history of "Mule Coins". These can sell for $100,000 or more. There has been noted suspicions about various versions found, but alot have been readily graded by the various TPG companies. It's a grey area for sure. If the coin has been graded by a quality TPG, that gives it legitimacy right? or does it?
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Bedrock of the Community
 United States
16422 Posts |
Inordinately fascinated by bits of metal with strange markings and figures
Edited by Hondo Boguss 03/11/2025 11:23 pm
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Pillar of the Community
 United States
2939 Posts |
Here's an article on Mike Byers' website which has a brief discussion on intentional errors. It includes a quote by the Managing Editor of Coin World: "Obviously, the marketplace accepts these coins, and some collectors are happy paying thousands of dollars for coins that show every indication of having been created through illegal means." https://mikebyers.com/31862448.htmlThere is a link in that article for a very interesting interview of Fred Weinberg by Seth Chandler. Here's another interesting error that I ran across that I have a hard time explaining other than being intentionally made: 
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Bedrock of the Community
 United States
16422 Posts |
Just a thought - is it an "error" if it was intentional?
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
 United States
6408 Posts |
Quote: Just a thought - is it an "error" if it was intentional? Good question Hondo.
Check out my counterstamped Lincoln Cent collection: http://goccf.com/t/303507
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Pillar of the Community
United States
7102 Posts |
It seems funny that PCGS was compelled to designate a a grade to the Dime on the Nail!
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New Member
United States
45 Posts |
Personally as a collector, I see these intentional mint errors same way as post mint damage. That 1972 Ike dollar is definitely post mint damage in my book and although very interesting, I wouldn't pay extra for something that looks like a vise job lol
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Bedrock of the Community
 United States
16422 Posts |
Quote: It seems funny that PCGS was compelled to designate a a grade to the Dime on the Nail! I couldn't find the page for grading nails on the PCGS Photograde site. 
Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
 United States
158976 Posts |
Quote: Here's another interesting error that I ran across that I have a hard time explaining other than being intentionally made: I cannot have it, but I want it. 
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Bedrock of the Community
 United States
16422 Posts |
By the way, the nail sold for over $42K... 
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
Canada
5024 Posts |
I think that, almost by definition, a mint error cannot be intentional. But as anything that comes out of the mint seems to attract collector interest, that seems to be unimportant from a commercial perspective. Intentional "errors" have the potential to be more spectacular, not being limited by the normal processes in a mint. A number of errors that came out of the Royal Canadian Mint were suspected of being deliberate.
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Pillar of the Community
 United States
2939 Posts |
Quote: I cannot have it, but I want it. I figured you'd love that one, jbuck! 
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Replies: 19 / Views: 1,027 |