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 Replies: 10 / Views: 2,122 |
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Pillar of the Community
Australia
1364 Posts |
Would like to know if anyone is aware of making this error possible through PMD?  I ask because I was looking to bid on one on ebay lately listed as 'Uncirculated 2000 5c mistrike' but I became a little suspicious when I looked at the seller's feedback and noticed that he had sold 5 during the last 6 months - 1/1976, 2/2000, 1/2001 and 1/2003. This made me think twice as to how someone would have come to have so many of this particular error, particularly when he doesn't appear to deal much with coins by the couple of other listings he has on at the moment. |
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Bedrock of the Community
 United States
12477 Posts |
I can see how that could possibly be faked, but there would be definite signs of alteration. It would also require way too much work for the reward.
Do you have a pic of the obverse?
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
Edited by spru
01/09/2018 11:55 pm
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Rest in Peace
10197 Posts |
Looks MAD and low pressure strike.
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Pillar of the Community
Australia
852 Posts |
It is possible that the seller works for a cash transit company. They take millions of coins each year from the mint (drums full of bulk coins) and put them through the machines to bag or roll them for distribution to the banks and retailers. Lightweight coins (split coins, off metal strikes, clipped coins and similar errors) are rejected by weight and wrong sized coins (broadstrikes, wrong blanks etc) are rejected by diameter. The reject hopper would get lovely Unc errors.
Those cash transit depots also process even larger amounts of circulated coins and the same reject system would spit out old silver coins and foreign coins. A dream job for a coin collector.
Then again the error coins might be smuggled out of the mint directly (even made to order for spectacular errors such as double headed coins).
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Valued Member
Australia
369 Posts |
It's a nice error coin. Impossible for the normal human to fake, but when the Chinese work out how to produce errors, and fool some people we'll all be in trouble.  |
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Pillar of the Community
Australia
2180 Posts |
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Pillar of the Community
 Australia
1364 Posts |
Quote:
Do you have a pic of the obverse? I'm not sure which coin listing I posted originally ... here is the obverse and reverse of the 2001 which had a winning bid of $103.50.   |
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Pillar of the Community
Australia
1364 Posts |
Quote:
It is possible that the seller works for a cash transit company. They take millions of coins each year from the mint (drums full of bulk coins) and put them through the machines to bag or roll them for distribution to the banks and retailers. Lightweight coins (split coins, off metal strikes, clipped coins and similar errors) are rejected by weight and wrong sized coins (broadstrikes, wrong blanks etc) are rejected by diameter. The reject hopper would get lovely Unc errors.
Those cash transit depots also process even larger amounts of circulated coins and the same reject system would spit out old silver coins and foreign coins. A dream job for a coin collector. I was under the impression that these checks took place at the Mint before distribution? |
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Pillar of the Community
Australia
3831 Posts |
But how do you expect the mint to physically check millions of coins? I'm certain there are machines in place to check them but it would not be unusual if a couple of errors slip past.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Pillar of the Community
Australia
2180 Posts |
Quote:
I was under the impression that these checks took place at the Mint before distribution? Maybe not - the mint doesn't roll coins any more so maybe they figure they can get away with less checks. |
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Bedrock of the Community
United States
12477 Posts |
With proper diameter, weight and magnetism, there's not much else the mint can reasonably do to filter out errors like this when producing millions of coins.
An in-collar, off-center strike meets all of the qualifications of a non-error coin except by individual examination.
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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Replies: 10 / Views: 2,122 |
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Posted 01/10/2018 01:20 am
