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 Replies: 31 / Views: 5,435 |
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Pillar of the Community
Canada
3690 Posts |
I just saw this ebay listing and the guy is suggesting he has an error coin. It's a 2006 Proof silver dollar and he sees 'doubling' on the obverse. 390507269176So what are your opinions? Do NCLT have errors? Or are they defects? Would you pay more or less for an NCLT coin that wasn't prefect? |
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Rest in Peace
Canada
1360 Posts |
Maybe a pole would have elicited more replies. We all like the idea of having a coin that is unique, but that being said, aren't all 'errors' really defects? and should have been returned for exchange or refund?
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Pillar of the Community
Canada
1192 Posts |
That coin is not an error.
NCLT coins/sets are generally a higher quality than business strikes, but they aren't perfect either.
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Pillar of the Community
 Canada
3690 Posts |
I agree Pokermandude that the particular coin in that listing is not really an error. In fact, I think it's a shadow in the picture more than anything.
But my question is, fundamentally, do NCLT collectors value errors? Obviously, many circulation coin collectors do and pay large premiums for errors. I just wonder what you all think about the same situation with NCLTs.
For example, several people noted paint issues with the Two Loons coin and many returned them to the Mint. Did others keep their 'error' coins in hope of a premium or because they value defective coins?
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Valued Member
Canada
389 Posts |
When I think of a NCLT , I want top quality no errors, Thats just me tho
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Pillar of the Community
Canada
1189 Posts |
Depend on what kind of error.
I would not pay more or even less for an "Paint Issue" on the two loons coin.
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Pillar of the Community
Canada
5324 Posts |
only if it is a major error like a mule or wrong planchet, rotated die they are really rare to find in a nclt. this so call error on this coin is at best a minor doubling.
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Pillar of the Community
Canada
1189 Posts |
Talking about NCLT coins error.
There is a funny ad on Kijiji. A guy asking $125 for the dino coin. He said " Mint error no artist "JC" initials".
LoL.. We know all the GITD dino coins are just like that.
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CCF Master Historian of USA Commemoratives
 United States
12258 Posts |
Regarding the Victoria Cross silver dollar being auctioned, it could be a coin that has experienced Mechanical Doubling vs. the result of a doubled die. Mechanical Doubling occurs during the striking process when there is a shift in position between the planchet and coin die. A doubled die error occurs when multiple images of a coin's design are created during the making of the die. Mechanical Doubling is generally not considered a true error coin, but such coins are often sold as such - sometimes by a seller/dealer who does not know the difference, and sometimes by a seller/dealer who hopes the buyer doesn't know the difference! In either case, the novelty of it on a NCLT can add a slight premium. I have one bonafide NCLT error coin in my collection. I've posted about it here: https://goccf.com/t/123656. It definitely cost more than a standard silver dollar! Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
12/02/2012 7:04 pm
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Moderator
Canada
10456 Posts |
I have a couple of Canadian proof-like errors in my collection. A 1965 silver 50-cent, PL-65 clipped coin. Then, there is this error, from a 1968 PL set. https://goccf.com/t/105640"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
1502 Posts |
Quote:
There is a funny ad on Kijiji. A guy asking $125 for the dino coin. He said " Mint error no artist "JC" initials". sounds like a not very committed reader of our forum... |
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Pillar of the Community
Canada
1528 Posts |
Quote:
When I think of a NCLT , I want top quality no errors, Thats just me tho I agree with BMXboy. How many people deliberately goes out and buy defective two loons? As CC-Ottawa stated, many of these two loons coins were return to the mint. |
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Valued Member
Canada
396 Posts |
@commems & @SPP-Ottawa, very cool error coins that you have there. The only 'error' coins that I have are the numerous duds I bought. Well, they're mistakes more precisely.
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Pillar of the Community
555 Posts |
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Pillar of the Community
Canada
2366 Posts |
I've got a '67 PL set with about a 90 degree rotation on the 5 cent that I'm quite happy with. I also like the 1974 DYs, and the Island Lightning and Ghost Island die clash coins etc. I guess I think of PL and Spec as a different category closer to circulation than NCLT. For an error NCLT I'd want a 'real' error and not one that replicates PMD. Missing edge lettering on the Calgary $20 coins springs to mind as an example I collect and pay extra for. |
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Pillar of the Community
Canada
3690 Posts |
Ah yes the Calgary $20s. Great example of an NCLT error that commands a premium.
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Replies: 31 / Views: 5,435 |
Posted 12/02/2012 2:01 pm
