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 Replies: 14 / Views: 1,830 |
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New Member
Canada
6 Posts |
Greetings, and first of all I would like to wish you all a merry christmas, and a happy new year.
I am new in coin collecting, and I came by a strange specimen. I found in one of my father's old loose change bucket, a 1981 penny, that was pressed on a 5 cent piece of nickel. If I rely on what I have read, and from my experience on other type of grading, I would give this piece a 6-7 / 10. How is it possible to evaluate the value of such a coin, for I have not been able to find any other on the internet ... Any suggestions ?
Thanks you !
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Pillar of the Community
United States
5318 Posts |
What a cool find, and it would sure be interesting to see a photo! You might check the various auction sites or error specialists to determine a market value.
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New Member
 Canada
6 Posts |
I am currently taking a few shots to show you guys the coin, it's pretty awesome. Pictures will be submitted in a few minutes !
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New Member
Canada
6 Posts |
Here are the pictures of the piece ! Enjoy. Head Picture  Tails Picture  Side Picture  |
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Pillar of the Community
United States
5318 Posts |
That's a rather dramatic wrong planchet error!  You can see how the nickel cupped around the hammer die on the strike. Edited by KurtS
12/27/2007 3:08 pm
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New Member
Canada
6 Posts |
Yeah, I guess it was done on the second of January, or something like it, while our canadian presser was still under the influence of l' "Eau De Vie"... Hehe.
Would a piece as such be worth anything, or it is just a fun piece to keep ?
Thanks :)
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Pillar of the Community
United States
5318 Posts |
Sure, keep it for fun...but it's also likely to be worth a good amount of coin.
I'd guess it's worth several hundred $ easily. What do the Canadian error collectors think?
Edited by KurtS
12/27/2007 3:19 pm
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Bedrock of the Community
Canada
10743 Posts |
Hi, Klerius, Welcome to the Forum! According to a coin dealer in Regina, he has a one cent struck on a ten cent planchet, and is asking $250.00, so keep it for fun  but I would also think it's worth at least that, if not more. |
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New Member
Canada
6 Posts |
Thanks for the information ! I'll look around for a value, and in the meantime if ever any of you would happend to know what it could be worth, please let me know :)
Thanks for the nice welcome :)
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Pillar of the Community
United States
5318 Posts |
Well, it's sorta tough to pin down a price, but I'll say this coin is more compelling than a 1c/10c. It's far more visually dramatic, and I daresay harder to escape the RCM without being noticed. I really like that error. Edited by KurtS
12/27/2007 8:48 pm
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New Member
Canada
6 Posts |
Yeah true, I have no idea how such a mistake could actually be sent out in circulation ...
I ,at first, thought it was a penny that had been "transfered" on a nickel, but if it was the case, the bevels would have been inside, instead of on the outside ...
But if I was to want an evaluation of what it would be worth, how would I do so ? Since it's probably a unique piece, it's not listed anywhere ... Anybody has a website to recommend,or a place to bring it to ?
Thanks guys !
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Pillar of the Community
United States
5318 Posts |
My take is there's no set "book value" on a coin like this, and generally you'll see pricing all over the map.
Take it to a dealer, and he might offer you $50, then put it on sale for $300. And, it might sell quickly at that price--depending on who sees it. The same goes for an auction. If the auction has a group of error collectors bidding, a dramatic error like this could fetch several hundred on a good day. Again, these are just my guesses.
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Pillar of the Community
United States
1424 Posts |
Now THAT is neat!! All I could find was this Canadian error coin website: http://members.allstream.net/~err/You might try contacting them to see what they have to say about value. |
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Valued Member
Canada
100 Posts |
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Pillar of the Community
United States
827 Posts |
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Replies: 14 / Views: 1,830 |
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Posted 12/27/2007 2:26 pm
