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 Replies: 23 / Views: 5,008 |
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Bedrock of the Community
United States
74662 Posts |
Errers and Varietys.
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Pillar of the Community
Canada
5246 Posts |
Considering all the other funny things that have been certified, I wonder why the hesitation with this item?
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Bedrock of the Community
United States
94367 Posts |
Good question.  Thanks for the link. |
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Bedrock of the Community
 United States
74662 Posts |
Thank you oriole and Coinfrog. If I was rich, I still won't buy this item, do to the very controversial nature of this coin.
Errers and Varietys.
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Pillar of the Community
United States
1667 Posts |
I think the hesitation stems from no others being found for the first 30 years of it being out there supposedly, and this one turning up in the 1980s.
I also think the main hesitation is why isn't there any more struck like this turning up for the last 60 years when die pairs are set and strike thousands upon thousands of coins before being retired, and highly unlikely the pair was installed on accident, to strike just one example like this that stayed MS for 30 years in secret.
I think for the most part, they feel it's likely a mint workers shenanigans and they don't want to attribute it as legitimate, or it struck later on a blank copper planchet with dies outside the mint and not legitimate. Whatever it is about the coin, it's made every grader feel uncomfortable to attribute it for some reason, and those two possibilities seem the most likely reasons.
I mean, should be more of these mules out there to turn up in the last 60 years if done on accident in the minting process.
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Bedrock of the Community
United States
74662 Posts |
Big-Kingdom, that's a good point. If it's genuine, then it probably was most likely intentionally made.
Errers and Varietys.
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Pillar of the Community
United States
7626 Posts |
If one gets certified others that are currently hiding will magically start turning up.
Whomever made it (rogue mint employee, counterfeiter or ?) did not make just one.
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Bedrock of the Community
United States
62064 Posts |
Looking at the rims, I feel it is questionable. Obverse is a bit MAD, the weakness on the rim is about 50% showing weakness. The dies do look like EDS dies, but I doubt there would be a fresh Wheat reverse available in 1959, unless they created a new one?  Reminds me of another mule coin:  Edited by coop
05/21/2019 1:01 pm
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Bedrock of the Community
United States
74662 Posts |
Definitely a very strange cent for sure.
Errers and Varietys.
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Pillar of the Community
United States
7626 Posts |
Quote:
Considering all the other funny things that have been certified, I wonder why the hesitation with this item? The liability of certifying this coin as a genuine mint product is too great if it is later proved to not be a genuine mint product. There is an old saying: "When in doubt, don't!" |
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Bedrock of the Community
United States
17884 Posts |
Quote:
The dies do look like EDS dies, but I doubt there would be a fresh Wheat reverse available in 1959, unless they created a new one? Maybe not, but there would be in December of 1958 when they would be starting to produce a stock of 1959 cnets for the coming year. The mint starts making dies for the coming year usually in late Nov or early Dec and they often strike a stockpile of new coins to have on hand when the year changes. Same way the 1993 Close AM rev cent dies got paired with 1992 obv dies. Both die types were on hand at the end of the year. |
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Pillar of the Community
United States
3327 Posts |
Apparently, this coin was certified as "genuine" by the U.S. Treasury. I didn't know they had authenticators on staff?
This isn't the first of these I've heard about but the first one I've actually seen. Hard to say how it may have happened...
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Bedrock of the Community
United States
94367 Posts |
I think sky nails it - the financial risk of certifying it would be considerable.
My bet is that it was clandestinely made. Can't think of another possibility that makes any sense.
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Pillar of the Community
United States
4692 Posts |
Edited by jimbucks
05/21/2019 7:02 pm
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Bedrock of the Community
United States
74662 Posts |
To be honest, I don't think it's real etheir.
Errers and Varietys.
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Pillar of the Community
United States
7626 Posts |
The video mentions Mark Hoffman admitted to his daughter to counterfeiting this thing. Hoffman was good at counterfeiting coins, paper, Mormon memorabilia and murdering people. He fooled a lot of people with his forgeries. Would not surprise me at all if Hoffman really was the perp that made this coin.
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Replies: 23 / Views: 5,008 |
Posted 05/21/2019 11:57 am
