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 Replies: 44 / Views: 4,285 |
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Moderator
 United States
56855 Posts |
Go to R&M coins in Oscoda,he is into errors/varieties. John1  |
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Bedrock of the Community
United States
10284 Posts |
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Moderator
United States
56855 Posts |
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New Member
 United States
8 Posts |
Thank you very much- would you suggest I take it to a local dealer or is this something I can do myself?
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Bedrock of the Community
United States
12437 Posts |
Easiest way to determine what is was struck on is to weigh it- a nickel planchet would weigh 5 grams while a quarter planchet would weigh 6.25 grams. The vast majority of wrong planchet errors involve a coin being struck on a smaller planchet, not larger. Due to the size restriction difficulties of striking a coin on a larger planchet, I suspect that it is an off-center nickel but I will be pleasantly surprised if I am wrong  Edited by biokemist6
03/10/2017 11:08 am
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Bedrock of the Community
United States
10284 Posts |
John1 There's not a wrong planchet area on that link that I see. Not that I am guessing right about this coin. I could be off center myself. Quote:
Thank you very much- would you suggest I take it to a local dealer or is this something I can do myself? Some coin dealers are not going to be honest with you. They pick up on you not knowing what you have a take advantage of that. A wrong planchet error is worth a lot more than an off center or broadstuck coin. I do agree that weighing this for planchet weight is a good idea. a 90% silver quarter weighs 6.3 grams. A silver War Nickel with a Large mm over the dome weighs 5 grams. You can tell right away if it is a quarter or nickel planchet by weighing. Again ... Be careful handling this coin, hold by the edges, don't drop it, don't clean it. Leave it just as it is as it comes out of the holder. How do I submit a coin to PCGS? http://www.PCGS.com/howtosubmit/ |
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Rest in Peace
United States
7075 Posts |
Quote:
Go to R&M coins in Oscoda,he is into errors/varieties.
John1 You can try the coin shop or you can buy a scale. The little electronic scales aren't expensive. If you go to the coin shop and you get an offer for the coin, you can just say that you want to think about it for a day or two and then post the offer here to get some opinions. You can try as many coin shops as you want. Go to as many as it takes for you to feel comfortable. A coin dealer already belongs to the organizations that grade and slab coins and that will save you all those fees. There comes a point where you would have to invest so much time and money to get top dollar for the coin that it isn't going to be worth it for you. You can take it to the dealer in the original holder and not have to worry about handling the coin at all. The dealer will want to remove it to weigh it and will, of course, sell it for a profit, but that's how he earns his living. You got the letters you wanted at the flea market. You found a coin that has some value but don't make yourself crazy over it. Just don't be in a hurry either and I'm sure you'll get a reasonable and fair price. |
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Rest in Peace
United States
7075 Posts |
Just wanted to add that I'm hoping for the best and I'm really interested in to learn hos this turns out for you.  |
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Moderator
United States
56855 Posts |
@ TheNickelGuy, I am going on the assumption that it is an off center nickel strike. I wanted Ellen to go to the LCS for info. If he wanted to buy it from her as an off center strike she would have an idea of the value. John1 |
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Pillar of the Community
 United States
3058 Posts |
Take it to the coin shop, see what they think, but don't sell it! Post what they offered you and we can tell you if you should sell it to them or not.
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Pillar of the Community
United States
7624 Posts |
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New Member
United States
8 Posts |
My husband took it to a local dealer and he said he thinks it's not real and joked about it being made in someone's garage? I guess it goes back in the cigar box :)
Thanks again for everyone's help.
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Bedrock of the Community
United States
12437 Posts |
Unfortunately, not alot of dealers have a strong working knowledge of the minting process and errors  |
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Pillar of the Community
United States
2775 Posts |
The current images suggest an off center strike. When you get a chance check the weight, which will help confirm the size. Thanks, Doug. edit:  Edited by Halo1st
03/10/2017 5:30 pm
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Pillar of the Community
United States
7624 Posts |
1). There is a 99.9% chance that your coin is a genuine mint error. The dealer that it was showed to is obviously an uninformed idiot or was trying to rip you off (There is not a shortage of idiots, or people that will try to rip you off, in the coin business!)
2). Show it to several other dealers and get opinions but do not accept any offers (yet!).
3). Ship the coin off to ANACS for a quick third party verification and authentication.
You have nothing in the coin, nothing to lose and everything to gain.
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Replies: 44 / Views: 4,285 |
First Page
Posted 03/10/2017 10:28 am
