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 Replies: 11 / Views: 3,186 |
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New Member
United States
6 Posts |
Any help identifying the error on this 2004 Silver Eagle would be appreciated. I am a novice in the hobby and recently noticed what is obviously an error along the edging of this coin. The obverse and reverse appear to be error free while all the way around the edge of the coin there are two distinct "layers". It looks like a partial collar error except that both layers are reeded. I am curious as to whether this is a known error in the Silver Eagle coins and what numismatic value there is in this coin. Image:  sidepic.jpg88.83 KB |
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Bedrock of the Community
United States
12437 Posts |
 Could you post obverse and reverse pictures as well? Does the anomaly go all the way around the edge? Also, have you weighed it yet? Based on that picture, I have no idea what it is as it looks like a split clad layer except Eagles arent clad  Edited by biokemist6
02/22/2008 3:33 pm
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New Member
 United States
6 Posts |
Thanks for the reply biokemist6.
I will upload obverse and reverse pictures as soon as possible.
Yes, the anomaly goes all the way around the edge.
As far as the weight, I haven't put it on a scale, but it feels exactly the same as all the other eagles I have.
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Pillar of the Community
United States
3507 Posts |
We need to have some background on how you aquired the piece.
The answer is different if you had the coin from day one and can say that it came directly from the Mint.
If the coin has come down to you from the many channels possible, the answer would be different.
On the face of it, it looks like a partial collar strike. It is probably not however, the upper part in your picture would not have the reeding on it in a partial collar strike as that part of the coin would not have come in contact with the collar which is the part of the mechanism that applies the reeding during the strike.
The odds are strongly in favor of this coin having been pressed into a bezel at some point as a part of a piece of jewelery.
It would still help to see pictures of the obverse and the reverse to be sure.
Thanks
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New Member
United States
6 Posts |
Thank you very much for the reply foundinrolls!
As for the background of this coin: I purchased it about 2 weeks ago from a well-established coin/metals dealer here in CA. I bought it as a bullion coin, along with 3 other 2004 silver eagles and a gold buffalo. The person who sold it to me must not have noticed the coin's error.
All 4 of the silver eagles are in the same BU condition and show no signs of wear or marks from having been in a bezel. If it were to have been in a bezel it would have to be an awfully strong yet delicate grip to have squeezed half of the edge down without damaging the reeding. Although, I am far from an expert, I would say that the anamoly was not caused by being squeezed into a bezel.
I do have pictures of the obverse and reverse of the coin, that I have sent to a dealer specializing in error coins here in CA. I would like to post them here, but haven't figured out how to add pictures to this thread without going back and creating a new one.
There is no visible damage to either side of the coin, no signs of having been worn as jewelry or in a bezel, and no signs of a double strike, which the dealer said even if it was a double strike of some sort the weight of the second strike(he mentioned 150 tonnes for silver eagles) would most likely have removed all evidence of the first strike. He said he was unsure of the exact type or cause of the error, but would be happy to make an offer after inspecting the coin.
I am not eager to sell the coin, at least until it can be properly identified and possibly certified. I will most likely ship the coin to the dealer so he can inspect, I was just hoping someone here might have seen something similar and could help identify before I send it off in the mail.
I will be happy to upload additional pictures (although the obv. and rev. appear to be completely error free) if only I knew how to add them to this thread.
Thanks again for all your help!
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Bedrock of the Community
United States
12437 Posts |
quote:
I do have pictures of the obverse and reverse of the coin, that I have sent to a dealer specializing in error coins here in CA
Would that happen to be Fred Weinberg? |
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New Member
United States
6 Posts |
Yes - it is Fred Weinberg who I was in email contact with about this coin. I was referred to him by someone at California Numismatics (CNI) where I purchased the coin.
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Pillar of the Community
United States
3507 Posts |
It is potentially an error. Fred will be able to tell you.
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New Member
United States
6 Posts |
I went ahead and submitted this coin to ANACS for certification, and I just got it back today.
They graded it - 2004 $1 MS-63 DBL STRUCK 2ND STRIKE PART OUT OF COLLAR
Now this raises a couple questions, that I would appreciate help with.
Have you heard of this type of error with other Silver Eagles?
Do you have an estimate as to how many of these type of error coins are out there?
I appreciate your assistance.
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Member
United States
3242 Posts |
That a new one for me maybe bill will have some more to add?
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Pillar of the Community
United States
3507 Posts |
Pretty Scarce. AND, a very unusual error. Fred can help you with that general question and maybe indicate just how scarce it is.
Great Coin for bullion:-)
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New Member
United States
6 Posts |
Thanks Bill! Seems like a pretty good pick up for an $18 bullion coin..  I know I'm very happy to have found it. I understand that Double Strike Silver Eagles are out there, and they tend to show signs of the 1st strike on the obv and/or rev. I just haven't heard of any others that are double strikes that resemble a partial collar error, but with reeding on the whole edge and no signs of the 1st strike on the obv or rev. Now that it is encapsulated, the error along the edge is very hard to see. Would I be better off getting it graded by NGC or PCGS? I have seen Presidential dollar error coins with missing edge lettering in holders that display the edging. Is there a way to get my coin graded into one of these holders? Would it be worthwhile? I also have a question about ANACS description of the coin. "DBL STRUCK 2ND STRIKE PART OUT OF COLLAR" I have never heard of this. Does anyone know of other coins, in any denomination, to receive this decription on a grade? You all have been very helpful here, I appreciate all the thoughtful responses. I plan on holding on to this coin, at least until I can find out as much as possible about it. So, additional info would be great. thanks! |
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Replies: 11 / Views: 3,186 |
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sidepic.jpg
Posted 02/22/2008 4:09 pm
