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1974 Cent Struck On Bonded Cent And 10 Cent Planchet, Questionable Auction Item

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Zimmy's Avatar
United States
460 Posts
 Posted 09/20/2017  6:47 pm Show Profile   Bookmark this topic Add Zimmy to your friends list Get a Link to this Message Number of Subscribers
I am a bit skeptical on the attached item being auctioned tomorrow. I think that it's possible that these coins aren't bonded from the mint but that someone glued a normal cent with a cent struck on dime planchet. The weight appears right for the two planchets but that doesn't mean they have to be bonded. Hard to tell from the pictures but I don't see any evidence that these coins were actually bonded but again I don't have the coins in hand. I don't trust CCCS since I have seen and or handled several of their "certified" coins that weren't what they labeled them to be.

1974-Cent-Struck-On-Bonded-Cent-And-10-Cent-Planchet,-Questionable-Auction-Item

*** Edited by Staff to clarify topic title. Titles are important! ***
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paxbrit's Avatar
United States
992 Posts
 Posted 09/20/2017  6:53 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
If you are a skeptic, do not bid.

Can't prove or disprove authenticity from photos, so no reason to question it. The seller's return policy would be the thing to consider.
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moxking's Avatar
United States
17900 Posts
 Posted 09/20/2017  7:04 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Paxbrit. With a return available the buyer is protected. Assuming the buyer knows one thing from another when in hand.
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Zimmy's Avatar
United States
460 Posts
 Posted 09/20/2017  7:05 pm  Show Profile   Bookmark this reply Add Zimmy to your friends list Get a Link to this Reply
I see know reason why questioning its authenticity is wrong based on what I can see and the certification service's history. I am not saying that it's not authentic but there is a very reasonable chance that it isn't. I am entitled to my opinion based on my expertise in the field. For example, I purchased these coins https://auctions.canadiancoinsandpa...mg28211l.jpg from the same auction company and bid strongly on them since I knew they were quarters struck on struck nickel planchets. I sold one of them for more than I paid for both. This is one example of why I don't trust them. Once is a slab, proving that they are or aren't bonded would be difficult without removing from the slab, even if you were reasonably sure they aren't.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 09/20/2017  7:17 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I attend public coin auctions 2 or 3 times per year, or, to be more exact, their view days. If I had any doubts about a lot such as this, I would examine it with a 10x loupe, before deciding to place a written bid.
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Zimmy's Avatar
United States
460 Posts
 Posted 09/20/2017  7:28 pm  Show Profile   Bookmark this reply Add Zimmy to your friends list Get a Link to this Reply
Seeing item in person has its advantages over someone who doesn't live near auction house and has to rely on pictures to bid on the net. However, even with slab in hand, I would find it difficult to determine if this coin is labeled appropriately. From the pictures, I don't see any "wrapping" from repeated strike pressure of either coin to allow for the bonding process to take place. My experience with bonded coins usually results from the coins being capped to a die.
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Buddy's Avatar
United States
7075 Posts
 Posted 09/20/2017  8:27 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
If you have the time, do some research. It seems to me that a coin like this might just have been featured in an article in some magazine somewhere.
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Strach-Man's Avatar
Canada
491 Posts
 Posted 09/20/2017  8:36 pm  Show Profile   Bookmark this reply Add Strach-Man to your friends list Get a Link to this Reply
As Bill from Burlington once said to me. If in doubt about buying a coin then it is best to walk away.
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Zimmy's Avatar
United States
460 Posts
 Posted 09/20/2017  8:47 pm  Show Profile   Bookmark this reply Add Zimmy to your friends list Get a Link to this Reply
If these coins are really bonded, they should sell for way more than the estimate notes. I have my eyes and ears pretty close to the market and I have never seen these particular coins listed before. In fact, I have never seen two coins of different denominations bonded. I am not saying one doesn't exist though. If slabbed by PCGS or NGC and I could see more evidence of the bonding, I would bid up to $1,000 for these coins. I am just not getting a warm and fuzzy feeling on this item.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 09/20/2017  10:13 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I've only been looking seriously at Canadian coins for about a year now, yet even in that short time I've seen quite a bit of evidence which leaves me questioning just what that service is willing to put into a slab, and how they're willing to label it.
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SPP-Ottawa's Avatar
Canada
10460 Posts
 Posted 09/21/2017  01:08 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I will not be bidding on this piece. Seeing the rim and where the edges of the hammer die (reverse) meet the rim of this coin are vital to determine its validity... and we cannot see it in those photos.

With all that extra metal the nickel planchet should be driven into the softer, larger bronze planchet, which should create some pretty serious rim finning up outside between the collar and hammer dies...
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Pillar of the Community
Canada
1442 Posts
 Posted 09/21/2017  02:43 am  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
very interesting conversation...

if the 1c and 10c are glued together...is the description on the slab "struck on bonded cent and 10 cent planchet" still technically correct?

Edited by canadian-varieties
09/21/2017 02:43 am
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Crazyb0's Avatar
10197 Posts
 Posted 09/21/2017  03:00 am  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Now this one deservres more than just a Buyer Beware tag:



1974-Cent-Struck-On-Bonded-Cent-And-10-Cent-Planchet,-Questionable-Auction-Item
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 09/21/2017  09:44 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:

if the 1c and 10c are glued together...is the description on the slab "struck on bonded cent and 10 cent planchet" still technically correct?


OK, I had no choice but to laugh at that.
Pillar of the Community
Canada
5324 Posts
 Posted 09/21/2017  10:37 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
I guess if you take a 1974 penny struck on a dime and gently press the two coins together you can create this example ?
Valued Member
Canada
334 Posts
 Posted 09/21/2017  5:45 pm  Show Profile   Bookmark this reply Add errorone2012 to your friends list Get a Link to this Reply
If anyone has old Jeffery hoare auction catalogues . About 20 years ago there was a similar piece for auction raw . I looked at the piece at the time and in my opinion it was genuine . I can not remember the date of it so I cant say if it is this one but they do exist .
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