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Think I Found My First Coin Error

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theseeker77's Avatar
United States
16 Posts
 Posted 03/02/2014  09:22 am Show Profile   Bookmark this topic Add theseeker77 to your friends list Get a Link to this Message Number of Subscribers
I bought some peanut M&M's at work and only had a $5 so I got a bunch of quarters back. I set them on my desk and just now had a chance to look at them. I am pretty new to the hobby (been collecting pennies since I was a kid) and have never found a coin error until today. I would love to hear any feedback from you all. It's a 2008 D New Mexico State Quarter. I think the strike on the back says "State" but in reverse. Here are a few pictures:

Think-I-Found-My-First-Coin-Error

Think-I-Found-My-First-Coin-Error

Think-I-Found-My-First-Coin-Error
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John1's Avatar
United States
56855 Posts
 Posted 03/02/2014  09:39 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. Sorry but not an error. It is post mint damage,aka PMD.
Hope you stick around and enjoy our great site.
John1
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theseeker77's Avatar
United States
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 Posted 03/02/2014  09:46 am  Show Profile   Bookmark this reply Add theseeker77 to your friends list Get a Link to this Reply
Thanks so much for the quick reply! That is good to know...like I said I am new to this and not familiar with the terms. Could you explain this to me a little more? How does this happen post mint? Is this worth anything or just a cool talking piece? Really appreciate the welcome and I will definitely stick around!
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pyrbob's Avatar
United States
1943 Posts
 Posted 03/02/2014  11:35 am  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
I agree with John. Your coin was pressed against another coin smashing the two coins together. It is only worth 25 cents. Keep looking, they are out there.
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Yokozuna's Avatar
United States
4618 Posts
 Posted 03/02/2014  12:06 pm  Show Profile   Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply


Here's a longer answer.

When you see coins like this it could be that someone may have wanted to make the coin look like an error, so a 2nd coin was placed on top and then was struck with a hammer (or something heavy) so that part of the lettering was transferred to the coin you have and causing the damage on the other side.

The fact that the lettering is incuse and reversed lets you know that a 2nd coin was involved. If a die had caused the letters, they would be normal and stand out from the surface and not be pressed into the coin.

There is a chance that this coin was caught in some kind of machinery to cause the same result, but it happened after the coin was struck, so it's not an error. Most double struck errors will have one side that has no damage to the rim, lettering or parts of the design.

This was my favorite double struck cent...

Think-I-Found-My-First-Coin-Error

As you can see the reverse design is almost perfect while the obverse had a blank that was caught on top of the coin during the strike and it blocked almost all of the obverse design on the die from being transferred to the coin.

I sold this coin on ebay for a very nice price.

The value of your coin is a quarter and it's up to you if it's worth keeping and talking about.

It's always a thrill to find a coin that could be an error, but it doesn't happen very often. If you keep looking, you'll find an error from time to time.

Ben
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!!
Think-I-Found-My-First-Coin-Error


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theseeker77's Avatar
United States
16 Posts
 Posted 03/02/2014  12:31 pm  Show Profile   Bookmark this reply Add theseeker77 to your friends list Get a Link to this Reply
Thanks so much everyone...what you guys are saying makes perfect sense now. It was definitely fun finding it. I ran into my living room and showed my wife like a little kid. I told her "look at this, it's am error!"...she looked at me and said "oh that nice" very unimpressed lol. Even though it's only worth .25 I think I will hold onto it for fun. Thanks again everyone.
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Dave42's Avatar
United States
571 Posts
 Posted 03/02/2014  12:51 pm  Show Profile   Bookmark this reply Add Dave42 to your friends list Get a Link to this Reply
As a beginner to the coin hobby, it is a good idea to keep hold of things like this as a sort of reference collection to compare other coins to. That way, if you find something similar, you can compare it to a known item, and determine if it is an error or just damage. It only costs the face value of the coin, and when you are familiar enough with errors and varieties, you can just spend the damaged ones!

Dave
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Domain555's Avatar
United States
1804 Posts
 Posted 03/02/2014  2:48 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply


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