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Replies: 35 / Views: 4,699 |
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Moderator
 United States
16677 Posts |
swcoin.ecrater.com
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Pillar of the Community
United States
3463 Posts |
I don't think this is a genuine mint error, it almost had to be done on purpose. What does the mint use nails for anyway?
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Rest in Peace
United States
10625 Posts |
A six penny nail hammered into one penny.... 
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Moderator
  United States
16677 Posts |
Could have very well been manipulated. I'm leaning towards that but the grade was hilarious. A consensus on a nail 
swcoin.ecrater.com
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Rest in Peace
United States
18456 Posts |
 Seems kind of weird that PCGS would even slab this.
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Pillar of the Community
United States
7390 Posts |
I think bobby posted this in a thread a few months ago. I still get a chuckle from it but not a 9k chuckle that's for sure
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Rest in Peace
United States
7075 Posts |
 and yet . . . I sort of want it. 
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Pillar of the Community
United States
740 Posts |
Interesting!
To me it's a bolt. See the second image: The edge is ribbed and the top has a polygonal shape for a socket. Why would a nail need one of those. :( Sorry, too picky.
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Pillar of the Community
United States
4113 Posts |
For 9K, that should have had lot's of "BIG DIAMONDS" imbedded in it also.(LOL!)
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Bedrock of the Community
United States
62064 Posts |
They slabbed it because it is real. Jon Sullivan know what he is doing with errors.
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Pillar of the Community
United States
4113 Posts |
coop: not questioning validity, but I am questioning why the 9K price.
Do you honestly feel this Coin/Nail is worth 9K?
"CAVEAT EMPTOR" (IMHO!)
Edited by chuckster 125 07/25/2015 8:41 pm
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Bedrock of the Community
United States
62064 Posts |
I don't buy anything over $100 that I need to slab. So your asking the wrong person as to price value. Probably the only one I've heard of. I seen Struck on springs, washers, but this is the first nail. (probably a mint assisted error. The collar had to be removed to create this) Note the head if the nail is still straight.
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Pillar of the Community
United States
6478 Posts |
It is worth what people are willing to pay for it. If someone picks it up at that price, It is worth that much, unless no one else wants to pay that much.
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Pillar of the Community
United States
4113 Posts |
Thanks for the input coop.
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Moderator
  United States
16677 Posts |
There is a second that I've seen owned and I believe sold by Fred Weinberg (unless this is the one now slabbed). Coop, is this considered debris? I'm curious where nails are in the Mint.
swcoin.ecrater.com
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Pillar of the Community
Canada
5417 Posts |
This is just ridiculous, PCGS will do anything for money. What's next? An empty slab that says "MS-66: Coin Struck on Air".
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Replies: 35 / Views: 4,699 |