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2014 Lucky Loonie Error

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SPP-Ottawa's Avatar
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 Posted 02/27/2014  10:49 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
Possibly double struck, through a cap perhaps, because it looks like the first strike created a mirror brockage... but, (and this is a big but), all the elements seen (and missing) are difficult to explain by any given scenario... I would rule out Struck Through Grease though, because an incuse outline of the Queen looking left is there, prior to the reverse strike over it (2nd strike).

Your coin would likely see some spirited bidding in an open auction. Loon errors are uncommon.

I noticed your profile says you are from Ontario. If you are close to Toronto, you can consign it with either of two Canadian auction companies, who have partnerships with coin stores in the GTA. Chuck Moore Auctions (through Canadian Coin & Currency) or Bell Auctions (through Metro Coin & Banknote).

If you are close to Ottawa, then you are close to a major coin show next month happening in Montreal (Nuphilex), and several error experts attend that show. Or, the ONA is show is happening in early April in southern Ontario (Windsor), and an error expert or two is always there.

It is a big enough error that you should be able to get a good price for it, probably anywhere from the $400 to $700 price range, maybe more in an auction.
"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 Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Edited by SPP-Ottawa
02/27/2014 11:02 am
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 Posted 02/27/2014  11:07 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Agree the last pictures shows an mirror brockage and then another light strike, lots happening on this loonie, Consign the coin to one of the major GTA coin show auctions like Coin Expo or upcoming RCNA. I believe new ebay accounts are limited to 1000.00 sales.
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 Posted 02/27/2014  11:09 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
I have a hard time to imagine this error occurring without a helping hand.


The rims
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
02/27/2014 11:23 am
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SPP-Ottawa's Avatar
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10460 Posts
 Posted 02/27/2014  11:42 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
I have a hard time to imagine this error occurring without a helping hand.


I concur. Something like this, possibly double struck in collar, with no apparent rotation. Hard to imagine this error occurring on the new high-speed presses.

As with most spectacular errors, if they didn't get a helping hand in their creation, they most certainly got a helping hand escaping the mint...

"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 Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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banklady's Avatar
Canada
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 Posted 02/27/2014  12:04 pm  Show Profile   Bookmark this reply Add banklady to your friends list Get a Link to this Reply
As a helping hand, or escaping the mint...how does that effect the coins value?
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 Posted 02/27/2014  12:24 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Take our advice, consign it to a major auction, you will get max value, this coin could have had some help in it's creation but it could have left the mint in a regular roll and shouldn't affect the value. If I was creating this coin, a simple mirror brockage would be cooler, and easier to explain.
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darryldarryl's Avatar
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 Posted 02/27/2014  12:38 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
Wonderful coin! Lots of unanswered questions though.
The brockage part is quite clear but how is it possible that the second strike (reverse)is so weak?
If this coin got an assist from someone at the mint then they are really really good as I cant picture someone setting up a cap
on one of the dies to strike this coin then pulling the cap off for its intended first strike which is actually the second strike.
Edited by darryldarryl
02/27/2014 12:39 pm
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Alexer's Avatar
Canada
2632 Posts
 Posted 02/27/2014  1:23 pm  Show Profile   Bookmark this reply Add Alexer to your friends list Get a Link to this Reply
I thought these very technical high speed coining presses had safety features built right in. I know the hydraulic piston positioning sensor runs off a microwave measurement, in order to keep the presses running if the sensor senses a problem is the next strike not a weak one in order not to damage anything in chamber? Thus "banklady"s loonie is rejected and pressing continues. I dont know if this is the case for RCM but I've read about the new dual and quad presses and believe this might be possible.
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 Posted 02/27/2014  1:32 pm  Show Profile   Bookmark this reply Add errorone2012 to your friends list Get a Link to this Reply
Is it possible to get a weight for the loon . That is not a brockage image . If the planchet was thin or another planchet was involved , the image of the queen you see was caused by metal flow into the obverse die . You see this effect on cap strikes and split planchets . My opinion without seeing the coin in hand is that it was struck through a very late cap . Not double struck .
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 Posted 02/27/2014  1:37 pm  Show Profile   Bookmark this reply Add errorone2012 to your friends list Get a Link to this Reply
Here is a split planchet error to demonstrate the effect of metal flow on the opposite side .

2014-Lucky-Loonie-Error
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 Posted 02/27/2014  3:50 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
A dealer told me the lucky loons are struck in Ottawa. Is this true? The same dealer also told me my 1954 NSF were SF so I don't have much regard for his opinion.
"Dipping" is not considered cleaning...
-from PCGS website
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 Posted 02/27/2014  4:53 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
There is a mintage of 5000000 of these lucky loonies too much for Ottawa to produce, the silver lucky loonies are Ottawa minted.
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Zonad's Avatar
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 Posted 02/27/2014  6:09 pm  Show Profile   Bookmark this reply Add Zonad to your friends list Get a Link to this Reply
BROCKAGE-COUNTERBROCKAGE....this is one for the Mikes to figure out.
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darryldarryl's Avatar
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 Posted 02/27/2014  8:22 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
@ Errorone2012...That split planchet theory is exactly why I was asking about the thickness and the weight.
I dismissed it because the image looks as if it is incused.
Edited by darryldarryl
02/27/2014 8:24 pm
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 Posted 02/28/2014  09:12 am  Show Profile   Bookmark this reply Add errorone2012 to your friends list Get a Link to this Reply
Darryl

No need to dismiss it as the queens image would be incuse . It doesn't have to be on a split planchet as 2 planchets in between the dies cause the same effect . In this case the second planchet was a cap that had some areas already missing and letting portions of the die strike the coin .
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