2014 American Gold Eagle Struck On Gold Buffalo Planchet

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Author	Replies: 1 / Views: 1,784
CCFPress Press Manager United States 1420 Posts	Posted 09/22/2016 09:12 am CoinWorld - Start checking those 2014 American Eagle 1-ounce gold bullion coins. You might be lucky enough to come across an example that was struck on an American Buffalo .9999 fine gold $50 planchet instead of the intended American Eagle .9167 fine gold $50 planchet. The folks at APMEX did. Professional Coin Grading Service graded and encapsulated an example of the wrong planchet error that APMEX submitted to the grading service after identifying the coin's gold fineness as suspect. APMEX is an online seller of precious metals coins and one of the U.S. Mint's authorized purchasers for American Eagle and American Buffalo bullion coins. PCGS graded the error Mint State 69 and identified on the grading label the determination that the American Eagle coin was struck on a .9999 fine gold planchet. Planchets intended for American Eagle 1-ounce gold coins are 91.67 percent gold, 5.33 percent copper and 3 percent silver. Read the Entire Article Report this Post to the Staff

BH1964 Bedrock of the Community United States 10982 Posts	Posted 09/22/2016 09:55 am Interesting article and even more interesting that NGC would certify it as a significantly underweight Gold Eagle. The coin was ~10% underweight and NGC was even notified about it in advance?! ANA #R3154474 Report this Post to the Staff
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