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Canada 1981 Cent Error Found In Roll Search

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SPP-Ottawa's Avatar
Canada
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 Posted 02/01/2020  9:20 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
From 1981, I probably have six examples of 1-cent coins struck on split planchet. Same for 1980. It is not that scarce...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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 Posted 02/02/2020  07:55 am  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
In numismatic circles, there is a big difference between "rare" and "scarce". If I remember right, a rarity factor of "9" means only 2-3 known or in existence. The term "rare" is one of the most misused terms in our hobby, right alongside "variety"
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 Posted 02/02/2020  4:04 pm  Show Profile   Bookmark this reply Add TerryT to your friends list Get a Link to this Reply
SPP - how many of those 1980-81's did you actually find yourself in bags, rolls or change, and how many were bought from dealers, collectors ?

How many split planchets are known? How many 1981 ?

Of 37.8 million+ people in Canada, how many of you have found a split planchet coin in the wild ?

People, reread my post. I did not say it was a rare coin; I said a rare FIND !! I have 17 rolls of red 1980 & 1981 cents - never found a split planchet.

I would get $10 of cents and $10 of nickels from the bank every 2 weeks for over 10 years, 1972-84ish. At 20 times a year, that's 20,000+ cents, about 1/4 million over 12 yrs. Also had a corner store from 1984-90, exchanging rolls several times a week - never found a split planchet.
-Went to several coin shows way back - never saw a split planchet.
-Read CCN for years - never read about split planchets.
-Scanned ebay intensively for years 2000-10 (40 or more hours a week) - never saw a split planchet for sale.

I guess marking 20 examples was too low for an estimate, so let's take, oh, I don't know, 86 examples.
IF there were 86 1981 split planchets minted, and you had all 1.2 billion coins in front of you, you would find 1 split planchet every 14,063,587 coins.
- Odds of winning 6/49 - 13,983,816.

I bought many junk lots in early 2000's. I had 380 1859 cents (out of 8,150,000) which had come from $1 to $6 per coin ebay lots . Out of those 380 coins, I found 4 x 9/8, 2 x DP9#2, a DP9#3, a DP9#4, and a DP#5.

I have found a 1955 NSF cent (56.4 million), 2 1985 pt.5 (771 million), 1 1953 5 cent mule (56.4 million), and 7 1964 EWL 5 cents (78 million), but never found a split planchet 1981 cents (1.2 billion).

I've never found a split planchet cent of any kind. Thus, any split planchet found in circulation (or rolled) IS A RARE FIND !!

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merclover's Avatar
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 Posted 02/02/2020  9:44 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
Thank you, TerryT, you made me feel better about my find. In my original post at the beginning of this thread, I didn't even know what I had found, and I certainly didn't know it was something special.

Thank you, everyone, for helping me identify what I have. Not being a collector of error coins, I am not sure what I'll do with it. Any suggestions? I am sure I won't find another one.
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robmck1967's Avatar
Canada
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 Posted 02/02/2020  10:37 pm  Show Profile   Bookmark this reply Add robmck1967 to your friends list Get a Link to this Reply
before you think you found a goldmine, I purchased all of my split planchets for $25 to $80 a piece so don't expect much more than that. I see a few listed for $300-$400 on ebay and they have been listed for many months at that price and are overpriced in my opinion. I personally think they will eventually go up in value due to their rarity so it may be worth getting it slabbed if you're into that.
I also found that there was very little information out there on split planchets and that is why I wrote my post on splits. I find it one of the most interesting errors to study due to the wide range of vairiations that happen.

but yes, what a great find in the wild! very cool! I am not a roll hunter though so I don't ever expect to find anything in my spare change. I would love to see more of your roll finds that you mentioned. you should post then here I a new thread.
cheers. Rob
Edited by robmck1967
02/02/2020 10:39 pm
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 Posted 02/03/2020  01:43 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
SPP - how many of those 1980-81's did you actually find yourself in bags, rolls or change, and how many were bought from dealers, collectors?


Terry, since you asked, split planchets I have found myself in rolls and mint bags:

1962 - 2 in mint bags
1963 - 3 in mint bags
1964 - 3 in mint bags
1965 - 1 in mint bag
1972 - 1 in mint bag
1977 - 1 in big bucket I bought in a garage sale
1978 - 2 in rolls
1980 - 3 in rolls
1981 - 2 in rolls
1982 - 1 in roll

I probably search 6-8 mint bags per year, and hundreds of original rolls; don't underestimate what a determined error collector can find in the wild...

"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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John1's Avatar
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 Posted 02/03/2020  04:31 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

Quote:
Any suggestions?

Auction it off here on CCF
John1
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Canada
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 Posted 02/04/2020  02:33 am  Show Profile   Bookmark this reply Add TerryT to your friends list Get a Link to this Reply
SPP - that's an amazing number of rare, OOPS, strike that.... that's an amazing number of "not-too-often-like-once-in-a-blue-moon-difficult-you-know-uncommon-few-and-far-between-harder-to-find", finds , and the reason I never found one. Glad to hear you did actually find those (coinhunter not gatherer).
I suspect, up until recently, every other collector like me knew zilch about them, and would have thrown them in the junk pile.
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merclover's Avatar
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 Posted 02/04/2020  03:16 am  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
John1 suggested:

Quote:
Auction it off here on CCF

I'd be game! How?
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John1's Avatar
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 Posted 02/04/2020  05:14 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I have not done it so I don't know how,sorry.
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Canada
10456 Posts
 Posted 02/04/2020  09:54 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
http://goccf.com/f/159

Then, once you have posted your auction, maybe put the link to it on this thread.

Good luck!!
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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merclover's Avatar
United States
10635 Posts
 Posted 02/11/2020  9:51 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
Posted this coin in the CCF For Sale section. Not for sale on ebay or anywhere else, just here on CCF!
http://goccf.com/t/367364

thanks everyone!
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