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 Replies: 53 / Views: 7,212 |
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Moderator
 United States
16679 Posts |
At this post, it's at $6,510. Wow. I am with Bryan, awesome coin to an error collector but I would rather spend that on other coins like keys.
swcoin.ecrater.com
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Pillar of the Community
United States
4618 Posts |
I've only had one off-metal coin. It was a 1964-D Nickel on a Cent planchet, but to find a coin like this would be a dream. If I ever get the money to really do some searching, it will be mint sewn bags of coins. I've only done 3 do far, 1959 Cent, 1960-D Cent and a 1974-D cent bag. I want to be able to search larger denominations. It's so much fun to find something cool. The '74-D bag was weird. Almost all of the coins heavy die clash and over-polished dies with a 10 to 25 degree rotated reverse and instead of $50, it had $56.24. I've seen other '74-D Cents for sale on ebay with the same problems. I can't imagine the feeling this guy had when he found a Monroe on a Dime planchet, but I'm willing to keep working to find out! ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! 
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Pillar of the Community
United States
7840 Posts |
Makes me wonder if someone is seeding the stockpile to stimulate interest in the Presidential dollar program.  Edited by oih82w8
07/08/2011 3:43 pm
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Moderator
United States
16679 Posts |
Yeah, guess we will never know.
1 error out of every what, 5,000 bags? More?
I have a 1959 quarter on a nickel planchet but yeah, this is wild.
swcoin.ecrater.com
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Pillar of the Community
United States
4132 Posts |
Who's to say it's not worth that much? I mean, any coin is worth whatever someone will pay for it. Certainly it's a spectacular error, an rare example of a rare kind of error (particularly in modern coins), and the coin just looks great. I don't think there's anybody here who would say "that's a rubbish coin" or "oh, that's not so special".
If I could spend that kind of money on a coin, I would be tempted. The big risk is that there's a thousand more out there, I suppose.
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Pillar of the Community
United States
2189 Posts |
I emailed the guy and told him I thought his coin could sell for 10K or better and wished him luck on his sale.
He replied back thanking me and said it was a 17 thousand dollar coin.How does one come up with a price like that?
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Pillar of the Community
United States
4132 Posts |
Probably comparing it to similar errors that have sold at auction. Or that's what he paid for it.  Actually, looking for that Ike on a dime planchet, I see that it sold for $13,800 at a Heritage auction. $17k might not actually be crazy. There are a couple Indian Head cents struck on gold quarter eagle planchets that are estimated to be worth a quarter million or something insane. Check these out. My favorite has to be the 1943 cent struck on a 1943 Mercury dime or the Ike die cap, which must be amazing in person being such a large coin. Edited by CaptainFwiffo
07/08/2011 5:20 pm
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Bedrock of the Community
United States
62064 Posts |
Here is another couple of amazing coins:  Sorry I don't know what they brought. But I thought it was very nice to have both pieces. |
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Rest in Peace
United States
9104 Posts |
Quote:
If I ever get the money to really do some searching, it will be mint sewn bags of coins. I've only done 3 do far, 1959 Cent, 1960-D Cent and a 1974-D cent bag. I want to be able to search larger denominations.
IIRC, the only "mint bags" you can get are things like a few hundred dollars of halves or brass bucks. Stuff like cents comes in $5000 face super bags weighing a couple tons, designed for automated high volume users. |
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Rest in Peace
United States
9104 Posts |
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Pillar of the Community
United States
4618 Posts |
Quote:
Is that a 73s proof ike? Yep! NGC PR-67 on both. The pair sold for $40,250. ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!!
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Rest in Peace
United States
9104 Posts |
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Pillar of the Community
United States
2120 Posts |
tbh, I think its fake.
I could be wrong but.
Look at the edge near Liberty's base. Looks like grinding to me.
i certainty wouldnt be taking this large of a risk.
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Moderator
United States
16679 Posts |
I think that has to do with the design, Liberty's gown.
swcoin.ecrater.com
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Pillar of the Community
United States
4132 Posts |
If you look at the fields, you can see kinda a shadow of a "rim" around the edge. That would be there because the dime planchet had already been through the upsetting machine, which raises and work-hardens the rim of the blank before striking. I think that's what's causing the distortion in liberty's gown near the edge and one of the reasons why it looks genuine to me.
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Replies: 53 / Views: 7,212 |
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Posted 07/08/2011 3:29 pm
