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Replies: 19 / Views: 2,545 |
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Pillar of the Community
Korea, Republic Of
1881 Posts |
So a few weeks ago on the Korean forum, someone posted a pic of a Lincoln Cent asking if it is an error or not. So I replied saying that it is what's called a vise job, and not an error. (You can see Lincoln incuse on the reverse on the Memorial.) Then he gave away his coin that I determined to be a vise job for free to another member. Then here's the interesting part: So the guy who was given the coin for free sent me a PM today saying that he had submitted the coin to a TPGS and is waiting for the results. He said that it may be a combination of three errors, and could be very valuable. He told me that the guy who gave the cent for free may sue me once the coin slabs and gets appraised and sells for big bucks at an auction for me wrongly informing him.  Now I am really nervous because the guy seems like he's pretty sure about the coin being a big valuable error. I ask for help and opinions about the coin belowâ€"the coin that was given away.    Any opinion will be valued! Will I be able to laugh at the guy for submitting it or should I be hiring a lawyer to defend me at court......?
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Pillar of the Community
United States
3592 Posts |
Don't worry ...it is a vise job or PMD.
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Bedrock of the Community
United States
62064 Posts |
The obverse setup ring/rim that should be there is missing. The reverse is showing the rim, so the obverse was there and altered to remove the obverse. PSD
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Pillar of the Community
Canada
2519 Posts |
The memorial looks to sharp to be a brockage and the reversed Lincoln looks too sharp to be grease, definitely a vice. I'm sure that the obverse not legit too, being so grainy. Something from the pics is telling me It doesn't look thick enough either, even though I'm not sure what.
By the way, what's the third "error"?
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Bedrock of the Community
United States
62064 Posts |
All three images are of the same coin.
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Pillar of the Community
 Korea, Republic Of
1881 Posts |
The three errors he mentioned that he said are on this coin were: 1. Brockage 2. Double struck on both sides 3. One side error (note the blank obverse)
Edited by Matteproof 08/13/2014 12:13 pm
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Bedrock of the Community
United States
12437 Posts |
0% chance of it being any type of error, 100% chance of it being a PMD mutilation.
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Pillar of the Community
United States
2775 Posts |
By these pics I'm pretty sure the only error I see is the coin flip labled "error" instead of PSD. Thanks, Doug.
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Rest in Peace
United States
1943 Posts |
LOL You can go ahead and laugh with me.
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Pillar of the Community
United States
2189 Posts |
Quote: So the guy who was given the coin for free sent me a PM today saying that he had submitted the coin to a TPGS and is waiting for the results. He said that it may be a combination of three errors, and could be very valuable. He told me that the guy who gave the cent for free may sue me once the coin slabs and gets appraised and sells for big bucks at an auction for me wrongly informing him. I can't think of one reason why in the world he would tell you this. There's nothing to gain or is he such a nice guy he's looking out for your best interest.  I thinks he's just messn with ya I agree with the others it's just a damaged coin and nothing more
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Pillar of the Community
 Korea, Republic Of
1881 Posts |
But the thing was that his talking was sort of insulting to me, no matter what he meant.
He said that I should just be quiet when I am not sure. (but I was sure when I wrote the reply!) oll I want to use this thread as an evidence as to the coin's authenticity, but I am afraid he will once again tell me that American collectors can be wrong at times (like this one) and I should be able to tell that it's a genuine error in 3-5 more years of serious collecting, and that it doesn't matter if it is American collectors that are saying that it is not an error, but the opinions of a long-time collector is what's important. Ugh.
And if you thought "I think I've heard of this type of guy before from Matteproof's posts..." He's the guy that called an off center Lincoln a "commemorative error coin" and said that American "experts" were laughable for calling it a legitimate error, and that errors are produced purposely at the Mint. Okay, I will listen to an error collector, but no way with the supporting opinions of all the people on here.
Edited by Matteproof 08/14/2014 09:49 am
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Moderator
 Australia
16849 Posts |
I can imagine, very clearly, how such an artifact can be constructed outside the mint - a vise or, perhaps, simply two coins wedged underneath a heavy object on a concrete floor (the obverse looks much like what I would expect for the latter occurrence). I cannot imagine any circumstance within the usual production activity of a mint whereby something like this could be made. Therefore, it is not a mint error. Quote: 1. Brockage 2. Double struck on both sides 3. One side error (note the blank obverse) Here is evidence that the person who said this really knows little about coin production and the errors that can occur. #1 and #3 generate a paradox: a "brockage" is defined as a coin with one side normal and the other side a perfect mirror-incuse copy of the first side; it requires both sides of the coin to be struck; it is physically and semantically impossible to have a "one-sided brockage". #2 simply does not make sense; "double-struck" means the same design has been struck onto a coin twice in different places, not two different designs from different dies. Sorry, but you won't be needing a lawyer this time.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Moderator
 Australia
16849 Posts |
Quote: ...but I am afraid he will once again tell me that American collectors can be wrong at times... Then tell him the Australians think he's wrong, too. 
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
 Korea, Republic Of
1881 Posts |
Now I shall wait for the grading results from NGC....... I bet the NGC graders have never seen a more ridiculous submission before, worth only one cent!
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Pillar of the Community
United States
4692 Posts |
I expect this coin to re-enter circulation once you get it back. Obvious PMD.
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Rest in Peace
United States
1943 Posts |
Matteproof, you are assuming the guy actually did send it in. Also if he did he probably won't tell you the results. I bet you never hear back from him about this coin.
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Replies: 19 / Views: 2,545 |