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 Replies: 10 / Views: 1,508 |
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Valued Member
United States
243 Posts |
Do you think the penny in this sold listing on ebay was from the mint like this or PMD? I'm very wary of these coins because I think it is fairly easy for someone to do themselves at home and say it is genuine. He also has at least a few other sold listings with similar "mint errors." http://www.ebay.com/itm/16-1990-OFF...047675.l2557*** Moved by Staff to a more appropriate forum. *** |
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Moderator
 United States
23522 Posts |
Looks genuine to me, as does what I surveyed of his other offerings. It's a hint as to how relatively-common this stuff is.
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Valued Member
 United States
243 Posts |
I see. I guess they are more a fun talking piece to have than a collectible in the long run. I didn't know they ar that common either.
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Moderator
United States
14463 Posts |
I have about 10 that I have gotten from co-workers or gotten online.
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Moderator
United States
23522 Posts |
Quote:
I didn't know they ar that common either. Quality control becomes problematic when you're producing them in the billions. |
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Pillar of the Community
Australia
4411 Posts |
If it was an Australian coin of the same period it would be worth upwards of $2000. Mintages are lower and misstrikes such as this are very very very uncommon.
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Pillar of the Community
United States
2077 Posts |
It's really a double strike. Off center is usually a single strike off center, but I guess technically, all double strikes are also off center for one of the strikes unless the second strike is purely a rotation.
I'd think that anyone who processes coins directly from mint bags would find these types fairly often.
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Bedrock of the Community
United States
62064 Posts |
Double struck with an indent uniface. This coin didn't escape the chamber and was struck over the next planchet. It would be nice to find the other coin and have a mated pair. But that doesn't always happen.
Edited by coop
07/19/2013 2:02 pm
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New Member
United States
48 Posts |
Gland to see you were dubious. Counterfeit coins are a big market. Negligence of the buyer makes it even easier for the culprits to make ‘mint error' coins. That's why it's best to buy a certified coin or stick to an authentic dealer you know.
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Pillar of the Community
United States
7629 Posts |
This coin would be reasonably impossible to create outside the mint and fool anyone who has ever seen one before. And Coop properly said what it is. This is not an off-center strike.
And the idea that you get these commonly from co-workers and that they are readily located in change (as it sounds from the posts) is quite a task considering I have been through millions of Lincoln cents in my lifetime and have NEVER found one.
These are not "rare" - but they certainly are NOT common.
Edited by coppercoins
07/20/2013 06:47 am
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Valued Member
United States
246 Posts |
i beleive some people have a inside person in the mint because these are meant for trash/recycle. I have one person on ebay that has hundreds for sale |
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Replies: 10 / Views: 1,508 |
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Posted 07/19/2013 05:07 am
