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$2 Coin Fault Question

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New Member

Australia
4 Posts
 Posted 02/03/2017  01:18 am Show Profile   Bookmark this topic Add Marty_R to your friends list Get a Link to this Message Number of Subscribers
Hi Everyone
I'm not really into coins more coin detecting side of things but every now and then you get a coin that is different

Could the guys in the know that a look at my coin and let me know if it is a Mint fault or not

I ran out of coke for my Bourbon and the shops had already shut for the day, a local van park had a vending machine so 2 cans will do I said to myself ,however when I got there I noticed I had left my wallet at home gggrrr no money in the car either bugger bugger bugger.

Ahh the CTX3030 is in the back cool off I go to find coke money 10 minutes later $8 , pack up the gear and head to the machine dropped 2 coins in and one came back out , after this happening several times I tried a different $2 coin that worked , so I took the reject coin home with me and under a loop found it had been kind of double stuck from the mint and less so at the opposed end

$2-Coin-Fault-Question


As you can see the coin also appears to have stretch marks in the metal and a 2nd ring much like what a $1 mule has , the nick at the lower left edge is a dye fault and under the loop you can clearly see that it has not been tampered with.

$2-Coin-Fault-Question

Thickness wise everything is correct except where the stretch marks are there it is slightly thinner and all the side marking groves all line up and are of the same width etc etc , the only difference its weight was 6.48g compared to the 6.60g from the other coin , I'm assuming that the 0.12g is caused from the ever so lightly thinner side of the coin but only on 1 spot the rest is as it should be

After doing a little online searching I had found that the $2 counterfeit coins were mainly 2006 and some examples of 2002 but nothing lower than 2002 had ever been found to be counterfeited

So have I got a genuine Mint coin fault here or not cause everything looks normal on this coin
Marty

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New Member
Australia
4 Posts
 Posted 02/09/2017  05:47 am  Show Profile   Bookmark this reply Add Marty_R to your friends list Get a Link to this Reply
Anyone out there that would like to comment on my coin ?

cheers Marty
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 02/09/2017  1:35 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
You have what appears to be a slightly off centre strike and is not that unusual.
Is the segmented reeding on edge of the coin normal looking ?
Formerly nancyc
Nevol's Avatar
Australia
5385 Posts
 Posted 02/09/2017  4:19 pm  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
The first image of coin #1 is really just a standard $2 coin IMO. It is a slightly off centre strike, but that adds nothing to it's value.

I can't comment about the mark over ELIZ, need a close up. in focus image of that to be able to be sure, but from what I can see so far, it does look like PMD. Heavy contact marks from unknown object.

I'm more interested in error coins than run of the mill coins, and that coin would most likely make it into my collection, but only as a curiosity. Value $2.

2003 were the $2 coins that were counterfeited the most.
If you'd like to see one I could probably come up with an image.
life is a mystery to be lived not a problem to be solved
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Sap's Avatar
Australia
16826 Posts
 Posted 02/09/2017  7:00 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
I'm wondering if #1 might be counterfeit. If a vending machine rejects it, and it looks "odd", that would be my first assumption. Occam's Razor: "It is fake" is a simpler explanation than "two or three different kinds of errors/mistreatments have happened to it", and the simpler explanation is the most probable one.

For criminal gangs, especially ones with connections to mass-production counterfeiters in China, making fake $2 coins is a worthwhile enterprise.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Basil's Avatar
Australia
1040 Posts
 Posted 02/09/2017  10:09 pm  Show Profile   Bookmark this reply Add Basil to your friends list Get a Link to this Reply

Quote:
I'm wondering if #1 might be counterfeit.


Yeah,looks like it,its been mentioned on this,and other,Forum(s) many times,the Aboriginal without eyes and no detail in the centre Beard area is a fake.
They are coming out of China and each batch is probably getting more accurate.
Pillar of the Community
Australia
3831 Posts
 Posted 02/10/2017  09:18 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
#1 is definitely a counterfeit. I pulled one from circulation about ten years ago.

$2-Coin-Fault-Question
My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
Valued Member
Australia
248 Posts
 Posted 02/15/2017  05:29 am  Show Profile   Bookmark this reply Add Hercules to your friends list Get a Link to this Reply
I think a more likely explanation for the first coin is that it's just very well-worn, since most of the damage is on the high parts of the coin. I often come across $2 coins that don't look quite right, but in most cases, it's just wear and tear and PMD. Try weighing it to see whether it differs significantly from the spec (6.6g). If so, then it's probably a fake, but if not, then it's probably genuine.
New Member
Australia
4 Posts
 Posted 02/19/2017  04:41 am  Show Profile   Bookmark this reply Add Marty_R to your friends list Get a Link to this Reply
As I said I do coin hunting not looking for fault coins and this coin gives the same target signature of a true $2 coin as where fakes $2 coins give a totally different TI , with this and given that it is a real $2 coin and not a fake some members here might wanna find a detector guy on any beach and get them to check your fake coins cause its most likely that they are not fake at

Cheers to all , Marty
New Member
Australia
4 Posts
 Posted 02/19/2017  04:43 am  Show Profile   Bookmark this reply Add Marty_R to your friends list Get a Link to this Reply
Hercules , if you read my 1st post there is 0.012gram difference in weight
cheers Marty
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