This is an interesting description in this auction that comes along with the hefty starting bid for what appears to me to be a coin that was purposely placed into some machine.
quote:This is my thought: The diamonds were punched after the die because you will notice the words on the reverse are set into the diamond such as the letter O in one or the N in cent. This could very well be an old way of waffling coins, it was rejected because it was struck several times. . I been trying to put clues together as to how this formed. The first thing that comes to mind if this isn't a waffle coin is that there was a conveyor system made of a chainlink assembly where the coin may of been thrown in between the belt and drive teeth while the coin was still warm/hot from strike. I strongly believe this happened at the mint
I find his thought process the most interesting part of this auction. It's a great example of how forums like this can educate collectors like me on what is and what isn't possible in the coining process. Knowledge sure beats "coining" your own bizarre explanation, lol.
Does he even know what waffling is? A waffled coin looks as if it were stuck between a couple of 2 ton weights rubbing together really fast. In fact, he could have easily done exactly what he suggested to have happened to it. Don't be fooled.
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