Maple With Extra Metal - Coin Community Forum

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Author	Replies: 6 / Views: 1,436
tevlon Valued Member Canada 114 Posts	Posted 02/20/2014 4:13 pm i have this quarter ounce gold maple. if you look under the "OZ" you can see an extra lump I am assuming was caused by a die chip. I would like to know what you guys think. I know its not a big error like doubling or way off center strikes but because the quality control is very high with bullion, would this add any value to the coin? would an error collector be interested in something like this? I though it was interesting enough to pick out of a pile. thank you Report this Post to the Staff

AgCoinAu Pillar of the Community Canada 3049 Posts	Posted 02/20/2014 5:16 pm To me an oz which is an oz which is an oz.. when it comes to bullion... get it cheap.. minimize on how much premiums you are going to pay and most of all "don't believe the hype" .. (slow and steady wins this race).. Long & short I don't think you're going to get a bullion buyer to pay a premium for such a small "error"... Report this Post to the Staff
Domain555 Pillar of the Community United States 1804 Posts	Posted 02/20/2014 5:25 pm Report this Post to the Staff
denco7 Pillar of the Community United States 2543 Posts	Posted 02/20/2014 5:31 pm Quote: I know its not a big error like doubling or way off center strikes but because the quality control is very high with bullion, Why would you think that ? Bullion coins are the workhorses of the precious metal coin market. They are mass produced at a minimal mark up above spot. They are intended for everyman PM investment, not for collectors. Very few Maples, Eagles, Krugerrands have any premium errors. Report this Post to the Staff
tevlon Valued Member Canada 114 Posts	Posted 02/20/2014 5:45 pm i agree that no bullion buyer would pay extra. they buy for investment only. I am wondering if error coin collectors would like this. I thought it was interesting enough to pick out from a bunch of other maples. I buy for collecting and for investment though and if gold went up again and I felt like selling some, I think I might keep this with the coins. as for denco, I'm not sure what you mean. I'm thinking that any error is rare on bullion. even though its not a very interesting error, its still something you don't see very often. are you saying otherwise? sorry if I misunderstand. I don't have much in the way of gold and platinum but I have lots of silver maples and haven't found any mistakes yet. Report this Post to the Staff
Alexer Pillar of the Community Canada 2632 Posts	Posted 02/20/2014 9:15 pm I agree as a bullion collector as long as the weight is good who cares. As an error collector its minor. But I'm surprised it got out with the high quality control of these coins. Nice little find.. Report this Post to the Staff
Pokermandude Pillar of the Community Canada 1192 Posts	Posted 02/21/2014 01:37 am The rule of thumb is that the higher the intrinsic value (or value for a non-error piece) is, the lower the premium for the error will be. On a penny that error might be worth a couple dollars to someone (200x premium). On a ~$400 bullion coin, virtually no added value. Report this Post to the Staff
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