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 Replies: 25 / Views: 4,027 |
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Pillar of the Community
United States
9792 Posts |
Wow amazing errors, thanks for sharing them with CCF! I love to see the tough errors especially in older series US coins, and I thought 2¢ piece errors were tough to find, I imagine FE cents are even harder to come across. I've been looking for an off centered 2¢ for almost 30 years, I've only seen a couple, and they are never for sale. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Bedrock of the Community
United States
17884 Posts |
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That in mind, aye it could be silver or nickel. Aluminum is right out as until the electrolytic process to convert aluminude into aluminum metal, aluminum metal was more precious than silver and was not used in coinage. It was used for patterns beginning in 1866 and was considered for coinage in the early 1870's to make coinage to be used for the redemption of fractional currency. The government was loathe to redeem paper with silver and although aluminum was a little more expensive, they could make four times as many coins of the same size as the silver ones with the same weight of aluminum. So the aluminum coins would have had only a quarter of the intrinsic value that silver coins did. But in 1857? No as far as I know they were not using aluminum at the mint in any way in 1857. |
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Rest in Peace
United States
9104 Posts |
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That in mind, aye it could be silver or nickel. Wouldn't that big a chunk of nickel be magnetic? |
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Rest in Peace
United States
9104 Posts |
Quote:
they could make four times as many coins of the same size as the silver ones with the same weight of aluminum. Hardly a savings, since lunarmum as more expensive than gold. |
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Pillar of the Community
United States
2540 Posts |
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Bedrock of the Community
United States
17884 Posts |
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Hardly a savings, since lunarmum as more expensive than gold. By the 1870's it was just about the same price as silver. |
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Rest in Peace
United States
9104 Posts |
Conder-
I sit corrected, I was thinking earlier than that.
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Valued Member
United States
236 Posts |
In 1974 the mint was very close to using aluminum for the small cent and even change the detail of the dies to a sharper more defined looking die for the 1974 large date. Samples of 96% aluminum were handed out to various people including nine congressmen and four senators. I think fourteen were unaccounted for and the rest returned to the mint. At present there are two know to exist. One is an MS-62 owned privately and the other is in the Smithsonian and I don't know the grade on that one.
Edited by jdbooth
05/16/2012 01:06 am
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Valued Member
United States
236 Posts |
I also have one of these coins with a sliver of a silvery metal, sorry it is not a classic coin. The picture isn't the greatest, but the best I could do without a macro lens for my rebel XT EOS. The metal is in the neck of this 1930 LWC.  |
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Pillar of the Community
United States
2295 Posts |
Pretty amazing 1857 cent with the struck through error. That is one cool coin to have!
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Replies: 25 / Views: 4,027 |
First Page
Posted 04/11/2012 11:49 am
