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Proof Set Error? 2016 150th Anniversary Of The Transatlantic Cable Proof Set

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Pillar of the Community
Redzapsid's Avatar
Canada
1571 Posts
 Posted 01/10/2017  11:14 am  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
WOW! Not what I was expecting at all.
Super nice find!! Congrats!
Pillar of the Community
ace_ftw's Avatar
Canada
1747 Posts
 Posted 01/10/2017  11:15 am  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
Jake, Sorry can you explain just a bit from your last post here. The label says mint error, but not which error. and I am not familiar with the word "Palnted" Can you elaborate?
Pillar of the Community
Canada
5324 Posts
 Posted 01/10/2017  11:30 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Hopefully CCCS had a better explanation than what's on the label for slabbing this coin as such because if it's only painted anyone can duplicate
Pillar of the Community
Canada
2845 Posts
 Posted 01/10/2017  12:32 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
As I recall and perhaps the OP might clarify but it was believed the coin was a gold-plated error because somehow the mint stamped the gold-plating onto the 2nd version of the Transatlantic Atlantic SD in the same manner as the design of the 1st type.

But the location of the gold-plating on the 1st version is totally different. In the era of technology, I refuse to believe gold-plating is hand applied on tens of thousands of mass produced coins.

I can't figure out how to post the two types side by side, but it's obvious there's only a small amount of gold plating on the upper half, unlike the OPs alleged gold-plated sample. .
http://www.mint.ca/store/coins/pure....WHUXYctfOhA

It can't be a "error", it would have to be intentional. A prototype? Then it's sold in a cracked case in a damaged box at a post office.

I'm not convinced CCCS has resolved the mystery.

Adding, Jake what's on the other side of this coin? Could you pls post a photo. Curious if the effigy is gold plated as well.
Edited by wildflowerAB
01/10/2017 12:36 pm
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Coin Chick's Avatar
Canada
1354 Posts
 Posted 01/10/2017  12:37 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list Get a Link to this Reply
Fake certification? I think there has been tampering of that in the past....
Pillar of the Community
Canada
2301 Posts
 Posted 01/10/2017  12:38 pm  Show Profile   Bookmark this reply Add nickelsguy to your friends list Get a Link to this Reply
CCCS will post shortly.
CCCS Representative
Canada
17 Posts
 Posted 01/10/2017  12:59 pm  Show Profile   Bookmark this reply Add CCCS to your friends list Get a Link to this Reply
Hello everyone!

First of all, to the best of my knowledge there has been no fake CCCS holders reported. In the case of this coin, contact have been attempted with the Mint with the usual no success result.

This coin is in our opinion genuine and the "Mint Error" is the fact that it is Selectively Gold Plated but on the coin from the $99 set. Since space is limited we decided to just add "Mint Error"

Now I will not enter in a long debate about this post. CCCS is the only company doing errors and most varieties and we will never please everyone. If you want to help CCCS send us material to be certified.

Louis Chevrier
CCCS
New Member
Canada
24 Posts
 Posted 01/10/2017  1:05 pm  Show Profile   Bookmark this reply Add jake222 to your friends list Get a Link to this Reply
I was just off the phone with cccs and he explained to me how he certified the coin and like Nicklesguy said he will be posting it soon. Wilflowerab there is a pic on page 1 of the other side of coin.
Pillar of the Community
Canada
5324 Posts
 Posted 01/10/2017  1:34 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Sounds like at best you have a trial or test piece, would look really cool if CCCS has a dual slab with the original coin if they offer such an option, still kind of cool
Pillar of the Community
Canada
2845 Posts
 Posted 01/10/2017  1:52 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
Thanks Jake, I notice a side shot on page 2. The reason I asked, I was also mildly curious what was responsible for the lower PF67 grade.

As for CCCS's reply, just my opinion but if a TPG confirms a coin to be a Mint Error, it would seem logical that there be at least one possible explanation for how the error might have occurred at the mint. To satisfy our curiosity here, unfortunately that information doesn't appear to be forthcoming.

I'm not an expert and I've only watched RCM videos of coloured (gold-plating?) and their automated processes. Hundreds of coin going through per minute, stamp, stamp, stamp as the design is being applied.

If this was an mint error, it would appear the mint had to go to the effort of creating a unique gold-plated design component within the production line because no gold plating would have otherwise appeared on the coin. . As this SD was later discovered being sold at a standard price, what would have been the point? The other gold-plated SD in the higher priced pure silver set had already been released several months earlier.

On the other hand, I just happened to notice that Gold-Plating kits are commonly sold on the internet. They are also likely what's used to make counterfeit gold bars as well, the gold plating apparently looks fairly genuine.

Could it be?

In my unprofessional opinion, this explanation is far more likely in terms of probability (considering the cracked case as well).

An unsolved mystery.

Edited by wildflowerAB
01/10/2017 1:52 pm
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Coin Chick's Avatar
Canada
1354 Posts
 Posted 01/10/2017  2:06 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list Get a Link to this Reply
Wildflower
Bought at a PO with a cracked case could be a story anyone could make up... there are so many ways to falsify and counterfeit coins these days and I am still leary of this one.... people need to be up on the new technology as it comes out and it's availability to evarybody... look at all the professional aftermarket select gold plate/colored coins on ebay these days. Do that to a current RCM coin and BAM...
Pillar of the Community
Canada
2845 Posts
 Posted 01/10/2017  2:42 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:


.....people need to be up on the new technology as it comes out and it's availability to evarybody... look at all the professional aftermarket select gold plate/colored coins on ebay these days. Do that to a current RCM coin and BAM...


Coin Chick you make a very good point. We've all see aftermarket coloured SMLs on ebay that originated at RCM.

On the off-topic of counterfeit, I think part of the reason people so often get taken in is because if it looks gold (or silver) in colour and is connected to a mint, then it's assumed it must be real. Here's a very recent news article about fake gold bars reminding me the saying "All that glitters is not gold."

http://edmontonjournal.com/news/cri...-city-police

But within that article this point was made:
"To avoid suspicion, the bars are packaged in plastic so buyers can't get them tested without opening them."

The similarity to this coin, it's now been slabbed even though the TPG appears unable to acertain the origin of the gold-plating. Is that a good thing or not?
New Member
Canada
24 Posts
 Posted 01/10/2017  2:51 pm  Show Profile   Bookmark this reply Add jake222 to your friends list Get a Link to this Reply
Coin chick I would be more than happy to show you the bill of sale from the post office if you think I'm making up this story.All I can tell you is that I'm just a small coin collector and this coin will probably lay in the bottom of my dresser because I would know the next move on how to sell this .Thanks for all your comments most of you have great knowlege about coins...account closed.
CCCS Representative
Canada
17 Posts
 Posted 01/10/2017  2:57 pm  Show Profile   Bookmark this reply Add CCCS to your friends list Get a Link to this Reply
TPG go with the best of their knowledge.

A few years ago we certified a 1996 silver dollar with antique finish and people here blasted us, turned out we were right on! The owner even got a letter from the Mint to confirm the origin of the coin. a few months later 2 more showed up.

Our Canadian competitor stick to "real" coins, yet, they have certified a $2 with a rotated core...a 1914 10 cents with Edward on the obverse...a 25 cents 1921 and a cent 1891 both also counterfeit...need I say more.

I have a coin in my inventory graded by PCGS as MS65RB 1880 Oval 0 NFLD cent and the coin is a Round 0, major difference in price. Did I mention that I have never been able to obtain from them that they buy it back since they made such a major booboo.

My point is all TPG are worked by human being and we take the best care and errors will happen. There is no pleasing everybody...

Yours truly
Louis
Pillar of the Community
Coin Chick's Avatar
Canada
1354 Posts
 Posted 01/10/2017  3:52 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list Get a Link to this Reply
Jake222
The bill of sale could be from a second one you bought from the Post office.... like I said,,, there are ways to deceive others every which way you look and intelligent people realize that.. I did not say you are not telling the truth. I'm not saying that this coin is not the real deal.... what I am saying is that people deceive and ALL TPG's make errors and when that happens people get taken for lots of money...

maybe confirmation from the mint needed to be secured prior to an official stamp of approval on this coin.... and again Jake,, not your fault but unless there's 100% certainty that this rolled out of the mint it shouldn't have been certified... I don't care if proof comes out 2 months later,, redo the label when the proof comes out.
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