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NGC Certifies 4 Rare 1942 And 1943 Wrong Planchet Cents

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CCFPress's Avatar
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 Posted 05/04/2017  10:32 am Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
NGC - Two previously unknown 1943 "copper" cents and two other wrong planchet errors were recently certified by NGC.

Numismatic Guaranty Corporation® (NGC®) has certified an extraordinary group of four 1942 and 1943 Lincoln Cents struck on the wrong planchets. Included in this group are two examples of the 1943 bronze ("copper") cent, one of the most famous US error coins.

In 1943, the US Mint used zinc-coated steel for Lincoln Cents instead of the usual bronze (or "copper") composition in an effort to preserve copper for the war effort. A small number of bronze planchets were nonetheless struck with these 1943-dated dies and escaped the Mint.

The 1943 bronze cents quickly piqued the interest of collectors, who were excited that something seemingly so mundane—a "copper" cent—could be so rare and valuable. Reports of finds in circulation added to the enthusiasm and high prices were soon reported.

This popularity has continued to the present day. In the 100 Greatest Mint Errors book, co-authored by NGC grading finalizer and error coin specialist David J. Camire, the Philadelphia 1943 bronze cent was ranked #4. It has been estimated that only 10-12 Philadelphia 1943 bronze cents exist, a figure that does not include the two specimens recently certified by NGC.

NGC-Certifies-4-Rare-1942-And-1943-Wrong-Planchet-Cents

These two new discoveries were graded NGC MS 62 BN and NGC MS 61 BN. The former specimen, at MS 62 BN, ranks as the second-finest 1943 bronze cent certified by NGC. The latter is particularly interesting, however, because it is the only example known with a large die break on the obverse.

NGC-Certifies-4-Rare-1942-And-1943-Wrong-Planchet-Cents

"1943 Lincoln cents struck on bronze planchets are one of the 'Holy Grails' of US numismatics," says Camire. "It is very exciting to see two examples in a single submission, especially the unique example featuring the die break on the obverse."

The submission of the two 1943 bronze cents also included two Lincoln cents struck on planchets intended to be used for foreign coins that were then being struck by the Philadelphia Mint. There was a 1942 cent struck on an Ecuador 20 Centavos planchet, which NGC graded MS 63, and a 1943 cent on a Netherlands 25 cent planchet that was graded NGC MS 61.

NGC-Certifies-4-Rare-1942-And-1943-Wrong-Planchet-Cents

"It is extremely unusual to see wrong planchet error cents from this time period," adds Camire. "Recent appearances of such errors are few and far between."

NGC-Certifies-4-Rare-1942-And-1943-Wrong-Planchet-Cents

This incredible group of coins was submitted to NGC by the family of former US Mint employee Albert Michael Pratt. The coins were brought to the West Hernando Coin Club coin show in January 2017 where they were shown to John A. Zieman Jr. of Z-man's Coins, who submitted them to NGC on behalf of the family. "NGC has a great reputation for being very consistent, has awesome customer service and very fast turnaround times. It was a no brainer that I submitted these coins to NGC," says John Zieman.
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nss-52's Avatar
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 Posted 05/05/2017  8:37 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply

Quote:
This incredible group of coins was submitted to NGC by the family of former US Mint employee Albert Michael Pratt.


So a Mint employee just happened to find all of these in circulation....I think not.
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coinlover1899's Avatar
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 Posted 05/05/2017  8:53 pm  Show Profile   Bookmark this reply Add coinlover1899 to your friends list Get a Link to this Reply
Awesome read!
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rmsexauer's Avatar
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 Posted 05/05/2017  11:03 pm  Show Profile   Bookmark this reply Add rmsexauer to your friends list Get a Link to this Reply
Yes.. wonderful good stuff.. makes you wonder what goes on at the mint.. you can get a coin struck on just about anything..
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westernsky's Avatar
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 Posted 05/06/2017  12:07 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Unless the family can produce a receipt where the mint employee paid for the 4 coins, then they were spirited out of the mint illegally. Error coins coming out of the mint through normal distribution channels is one thing, coming out in an employee's pocket or lunch box is another.

I would think the Government could easily claim ownership due to the theft.

Stealing is stealing.
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 Posted 05/06/2017  12:10 am  Show Profile   Bookmark this reply Add Druu to your friends list Get a Link to this Reply
I'd like to see the mint claim these, just like the 1974 D on aluminum.
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cookiemonster's Avatar
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 Posted 05/06/2017  07:53 am  Show Profile   Bookmark this reply Add cookiemonster to your friends list Get a Link to this Reply
why didn't he just make them in gold
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dave700x's Avatar
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 Posted 05/06/2017  08:01 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Yeah, these are not errors in my opinion. I call it mint sports.
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westernsky's Avatar
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 Posted 05/06/2017  3:36 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Probably just the "tip of the iceberg" that former mint employee snagged (or created) during his employment at the mint.

I suspect this is just a test by the family to see what the Mint will do when pieces like this, with a questionable ownership status, show up in the marketplace.
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Conder101's Avatar
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 Posted 05/07/2017  03:12 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
why didn't he just make them in gold

Where do you get the planchets? Remember ownership of gold was restricted at the time.
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CoinMasters's Avatar
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 Posted 05/07/2017  03:30 am  Show Profile   Bookmark this reply Add CoinMasters to your friends list Get a Link to this Reply
Good stuff CCFP.
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Andrew99's Avatar
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 Posted 05/08/2017  12:58 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
Based on the court decision re: the 1933 Saints, I wouldn't feel comfortable as an owner of a 1913 Liberty nickel, a proof bust dollar, or any number of errors or patterns. High profile cases make for bad law.
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John65's Avatar
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 Posted 05/08/2017  3:11 pm  Show Profile   Bookmark this reply Add John65 to your friends list Get a Link to this Reply
I agree that you really can't call these errors if someone intentionally made them. Also since the dad was a die setter for the U.S. Mint its even more suspicious.
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 Posted 05/09/2017  03:52 am  Show Profile   Bookmark this reply Add qxy to your friends list Get a Link to this Reply
I'm just wondering though: it says the last one is struck on a Netherlands 25 cents planchet. However that coin doesn't look like silver to me, and the Netherlands 25 cents that were struck in Philadelphia are silver... (also the weight doesn't really match: official weight is 3.575 for the 25 cent, the ones I have all weigh in around 3.55-3.57g, so 3.52 for an MS coin is too low).

What am I missing here?
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Conder101's Avatar
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 Posted 05/09/2017  11:48 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
They also didn't strike any coins for the Netherlands until 1944. Curacao 25c is a more likely candidate, same alloy and size as the Netherlands piece but they were struck in 1943. Surinam (Netherlands Guiana) 25c would be another possibility. Again same size and alloy but actually struck at the mint in 1943. The color could be because it is a low fineness alloy, 640 fine. But they really need to do an XRF test and list the composition, because if it LOOKS like copper it could just be on a thick planchet and not a foreign planchet at all. (Although a thick planchet copper 1943 cent would still be impressive, a double error.)
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