Golden Eagle $5 Coin With Misaligned Die Mint Error. Need Help!

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Author	Replies: 9 / Views: 1,568
edtheadventurer New Member United States 13 Posts	Posted 02/01/2019 2:26 pm My grandfather handed me down a collection of coins. I managed to find them all and estimate their value... except this one specific coin. I found other ones with mint errors but not this specific mint error. Besides the NGC description on their website. I'm just trying to figure out what I really have in my hands. It seems to me that its a unicorn. Please help me forum. heres a few pics of it. Edited by edtheadventurer 02/01/2019 2:27 pm Report this Post to the Staff

jbuck Moderator United States 189340 Posts	Posted 02/01/2019 5:02 pm to the Community! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
edtheadventurer New Member United States 13 Posts	Posted 02/01/2019 5:08 pm thank you! Report this Post to the Staff
Alpha2814 Pillar of the Community United States 2023 Posts	Posted 02/01/2019 5:11 pm Looks slightly off but generally speaking (at least among circulating coins) the design would have to go outside the rim to carry a premium. It's possible the standards are higher for these pieces but I personally wouldn't pay extra for this example. Report this Post to the Staff
edtheadventurer New Member United States 13 Posts	Posted 02/01/2019 5:14 pm oh the misalignment of the die is nothing major very minimal. I'm just curious on the rarity of this as I have not been able to find a single one thats also misaligned. Report this Post to the Staff
silverwolf Pillar of the Community Canada 3733 Posts	Posted 02/01/2019 6:07 pm probably not worth much more than a ms 69 coin. I can't see there being any premium for it.. Report this Post to the Staff
jimbucks Pillar of the Community United States 4692 Posts	Posted 02/01/2019 6:10 pm For this particular coin, I would consider it less desirable than one that did not have this feature. Report this Post to the Staff
edtheadventurer New Member United States 13 Posts	Posted 02/01/2019 6:14 pm ok can someone explain to me why it would be less desirable. I understand the misalignment isn't major, but besides this specific coin, I have yet to see ones that are misaligned. I'm really interested in how you guys are coming to these evaluations as I'm new to this and figured a rarity mistake would make this coin more valuable but apparently not. Report this Post to the Staff
Alpha2814 Pillar of the Community United States 2023 Posts	Posted 02/01/2019 6:30 pm To me, there would be two types of collectors in this market -- those who want a great looking coin, and those who want errors. In both of these cases, they're going to pay high premiums for the best examples: the best looking coin on the market, or the most outrageous errors. While this may be a unique piece because of the alignment error, it's less beautiful than a perfectly struck piece (it's also a 69, making it effectively bullion), and the offset is not extreme enough to appeal to the error crowd. This isn't to say there isn't a market for this piece. Because of the error, it is an oddity and that must appeal to someone, and that someone might pay a premium to get it. I'm just thinking that market is small and finding the right buyer for the premium you might be looking for won't be quick or easy. Report this Post to the Staff
edtheadventurer New Member United States 13 Posts	Posted 02/02/2019 09:20 am Thank you for the explanation! Report this Post to the Staff
	Replies: 9 / Views: 1,568

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