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 Replies: 9 / Views: 1,595 |
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Pillar of the Community
United States
939 Posts |
I've kind of wondered how much one of these could go for... any ideas?   Edited by Coppergold
10/06/2017 04:57 am
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Moderator
 United States
15474 Posts |
That looks to me to be a waffled coin and not a canceled die.
I'm not an expert on them ... my basic level of understanding is that the mint 'waffles' damaged coins. I'm not sure the mechanism for how they get released from the mint.
David
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Pillar of the Community
 United States
939 Posts |
Thank you david, yeah I knew this as a waffle coin I thought that was the same as struck with a canceled die, but you are right, I made the change in my title. Thank you again! :)
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Moderator
United States
189301 Posts |
Nice find!  |
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Moderator
United States
56855 Posts |
From what I understand the mint "waffles" the damaged coins before they send them out to a recycler. They are simply "scrap metal". As to value,check ebay sold values. John1  |
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Rest in Peace
10197 Posts |
Yea, some "entrepreneur" had the idea to get a bunch of these slabbed and is making a killing on cancelled scrap metal! Unique, yes, collectable investment value, no. The mint has been "waffling" many coins for very many years. To find one in the raw is unusual. These aren't found that way, the cancelling process takes the coin out of the channel of circulation, different direction than packaging for distribution. When found in the wild, more like a "mint assisted error", mint employee tossed it in the circ bin for a CHRers cheap thrill!  Think they're neat, every error collector needs at least one! But sure wouldn't buy one, cheapest raw dime was $11.71, cheapest overall was 50- nickels to $3 a piece...hmmm,   |
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Pillar of the Community
United States
7516 Posts |
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Pillar of the Community
United States
939 Posts |
Thanks team for all the replies. That's cool though, maybe some fell on the floor and they tossed it back into the pile that wasn't meant to be destroyed. Or... the mint employee maybe put it in his pocket? Lol we all know there is a bad seed in every group!
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Pillar of the Community
979 Posts |
What I have always wondered is how does the mint waffle a coin.
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Rest in Peace
10197 Posts |
Rolling press machine, not something you'd want body parts to go thru...  |
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Replies: 9 / Views: 1,595 |
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Posted 10/06/2017 04:58 am
