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 Replies: 29 / Views: 6,429 |
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Valued Member
Canada
92 Posts |
Hi, I'd like to get an opinion on a fracture on the obverse side of a coin I purchased. It's the first coin from the "Locomotives Across Canada" series. What would cause this? Thanks.   |
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Pillar of the Community
United States
1695 Posts |
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Valued Member
United States
169 Posts |
Man that is so cool  |
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Pillar of the Community
Canada
798 Posts |
Yep. Struck through error. Cool!
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CCF Master Historian of USA Commemoratives
 United States
12267 Posts |
I agree, it appears as if a piece of string/thread or wire got caught in between the die and planchet when the coin was struck; it is not a fracture.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Canada
6768 Posts |
Very cool.
Looks like struck through hair.
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Bedrock of the Community
 United States
12477 Posts |
I agree with a struck-through error (string/fiber/hair). I like it! In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Valued Member
 Canada
92 Posts |
I will admit my surprise (and lack of knowledge) to the positive reaction to this defect. I was not aware that it was a "desirable" quality. I was going to return the coin for a replacement so that I could have a "pristine" set of the series. I guess I will have to read-up on this "struck-through error" further before deciding. My preference would be to have a pristine set, so it'll likely end up being returned.
Thank you everyone for your replies. I learned something new today.
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Pillar of the Community
Canada
798 Posts |
I'll buy it. It is just a neat little oddity. I have a few bullion struck through errors that I bought from APMEX. |
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Valued Member
Canada
367 Posts |
I agree that probably a hair or small wire was there during the struck.
I have seen lots of coins with this kind of imperfections, although to a lesser extent. And I returned all of them.
I'm wondering how this coin passed QA in the first place. You don't pay 5x silver price for this.
Also, I'm discouraged by the number of the people here who claim this is an attractive feature.
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Valued Member
Canada
496 Posts |
Coin collecting has many different preferences for collectors in it.What some find distracting is a desirable collectible to others.Some might even pay a premium on a defect in a set of this quality.
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Pillar of the Community
Canada
2360 Posts |
It may not be attractive but it is an oddity. Error coins are collected by many.
Error coins in NCLT are less common than in circulation coins. More care is taken with
the pressing of NCLT coins but this one got through to the public. It may add a
premium to the original value. If you want a pristine coin get another and keep
this error coin or sell it to an error collector. Nice strike through wire or string error.
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Pillar of the Community
Canada
2984 Posts |
Quote:
It may not be attractive but it is an oddity. Error coins are collected by many.
Error coins in NCLT are less common than in circulation coins. More care is taken with
the pressing of NCLT coins but this one got through to the public. It may add a
premium to the original value. If you want a pristine coin get another and keep
this error coin or sell it to an error collector. Nice strike through wire or string error.
When it comes to errors, there is a big difference between NCLT coins and circulation coins. If there is an such an error on a NCLT coin, I call it a defect. You expect NCLT coins to be in perfect condition and a hair/wire imprint on a coin is just not acceptable. Suppose it is on $2500 Kilo coin instead of a $100 coin, would you be happy with this "error"? I doubt there is a premium to this coin, more likely the "error" or "defect" will devalue the coin. Even packaging problems like a scuffed case, scratched capsule, or a damaged box affect the value of a NCLT coin, so why would this be anything different. Edited by MoneyPenney
01/09/2018 5:32 pm
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Pillar of the Community
Canada
5324 Posts |
Talking about errors on NCLT, at recent FUN show, Fred Weinburg was the dealer who sold the recent gold kilo mule, there are some spectacular errors in NCLT of coins struck on gold planchets and the Niagara Falls coin inverted center. this however is a lack of quality control but if it was a washer or a screw that would be a really cool error. Chuck it on ebay, who knows it might command a good premium ? Edited by john100
01/09/2018 7:13 pm
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Rest in Peace
Canada
1360 Posts |
Just a side note, you did a great job photographing the error. What are you using for the pictures?
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Valued Member
Canada
92 Posts |
Hmmm. From what I can tell doing some cursory reading about "struck-through coin", there are some collectors who value this sort of things as it's considered a uniquely minted coin because it was made at the "minting" step, as opposed to damage/defect caused after the coin is minted ( PMD). I guess it's a matter of perspective, or semantics. Presumably, because it was missed by QA, it makes it all the more rare? I'd still like to have a pristine coin for this set. At this stage in my hobby, I'm not pursuing error coins. @JGG: Please message me, if you're still interested in the coin. I'd be glad to sell it to you, instead of returning it. I'd rather help someone fill out their collection. (I'm sure the store would thank you too for not having to deal with the replacement overhead. LOL). Otherwise, I'll return it for a replacement. Thanks for all the perspectives. |
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Replies: 29 / Views: 6,429 |
Posted 01/08/2018 9:48 pm
