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 Replies: 25 / Views: 3,475 |
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Valued Member
Canada
98 Posts |
https://www.ebay.ca/itm/402828274041These look intriguing--1969 coins struck on silver planchets (would normally be nickel). However, way out of my price range. Does anyone know about these? Are there others out there? The only thing that bothers me is that the numbers after the "E" on the label do not match the PCGS website. However, that could very likely just be their database being changed after the fact so I'd like to see what others more knowledgeable have to say, if they've heard of these before.
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Pillar of the Community
Canada
3328 Posts |
I have yet to read or hear anything about this transitional error. The listing you posted is a proof set, every planchette struck with the same error for different denominations makes me ask questions for sure. First being was this one set or was I someone specifically searching for 69 silver coins from I can't even imagine how many proof like sets it would take to find thee error in all denominations except the 50¢>
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Pillar of the Community
Canada
5324 Posts |
There are quite a few around, problem with this type of off planchets is silver and nickel looks the same
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Pillar of the Community
Canada
3328 Posts |
The quarter in particular says struck on a 1964 planchette. Is there a huge difference in the planchettes used from 64-66 that would be viable for judging the year so accurately?
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Pillar of the Community
Canada
3328 Posts |
@john100, a simple magnet test would easily show if it's the silver or nickel variety. These are all proofs as well.
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Valued Member
 Canada
98 Posts |
The dime looks slightly toned, can nickel do this also?
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Pillar of the Community
Canada
2301 Posts |
mint sport no more no less
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Pillar of the Community
 Canada
9864 Posts |
Yup, back door job. Quote:
The listing you posted is a proof set, ...... quarter in particular says struck on a 1964 planchette Not true,read it again. "Dipping" is not considered cleaning...
-from PCGS website
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Valued Member
Canada
98 Posts |
From what I'm seeing:
- The labels indicate prooflike, not proof.
- The quarter label says it was struck over a 1964 25c. I imagine this means the coin was already struck as a 1964 before it was re-struck as a 1969. Can anyone see any evidence of a prior design on the quarter? I'm unable to see anything that stands out myself. Don't forget the original design would likely be slightly or substantially rotated unless perfect care was taken to align the dies precisely.
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Pillar of the Community
Canada
5324 Posts |
That is why in the error world, the famous wow word has to instantly hit you when you take first glance at the error, these coins not so much, that is why these coins have been on the market for a while. Most likely custom made, but a few years ago just before covid a 69 or 68 dollar was struck on a copper planchet showed up and mentioned here before, this example has the wow factor and is stunning.
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Pillar of the Community
Canada
3328 Posts |
@DBM,I have no experience with proofs but I know they are struck differently then business strike coins and uncirculated sets, so I always though PL grading meant from a proof set. I have yet so see a slabbed coin on ebay that said p70 for Canadian coins (or P anything, always just sets and PL slabbed coins) Anyways my main focus was how one could determine the difference between a 1964 silver planchette or a 1965,66 or even 67-68?. The weight is the exact same so an XRF would only confirm that it was 80-50% silver. As the OP said the only way I could think of to know 100% sure was if a struck coin for 1964 was sent along with blank dies to be struck in 1969. I agree with inside job possibility of these are all what they say they are. Though I could use some enlightenment on the difference between PL and MS coins? I ask because Canadian PL coins in higher grade then MS are quite often cheaper then MS coins. |
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Pillar of the Community
Canada
5324 Posts |
Most likely PCGS 25 cent coin if was in new true view holders will have a faint 64 date showing and PCGS at times miss labels Canadian coins as PL and MS
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Pillar of the Community
Canada
3328 Posts |
I feel like they should post clear evidence for the price, especially the 26¢ piece.
I still don't know the difference between PL grading and MS based on DBM's comment. So circulation or uncirculated sets can be grade PL?
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Valued Member
Canada
98 Posts |
Canadian Proof-like sets were produced until 2010. Starting in 2011 (technically, starting with the 2010 special edition set), Canadian mint sets included regular business strikes (which grade as "MS"). Specimen sets have been available for many years historically, and were produced for sale to the general public starting in 1970/71. From this point up until 1995, specimens and proof-likes are extremely similar and although I have never tried myself, I would imagine PCGS would likely confuse the two. Starting in 1996 Canadian specimen coins have a distinctive finish which you can see for yourself if you look at the pictures on the mint website. Actual "proof" sets were not produced until 1981. They have always featured a strong cameo and heavy contrast with the fields, which are extremely reflective. PGCS grades these as "PR" (not P) and I usually see other grading services use "PF" instead. The coins in the pictures in the ebay listing appear to be prooflikes to me. @john100 is correct that PCGS is prone to confusing PL and MS but I believe they got it right with these coins. The above is correct to the best of my knowledge, if you think I made a mistake, just let me know. Edit: To clarify the difference between PL and MS coins is that PL coins came from mint sets, while MS coins came from regular distribution channels (rolls, bags ,etc). As a result PL coins were handled carefully and will usually be seen in higher grades. Business strikes are handled in bulk and as a result have more marks and flaws coming out of the mint. Hence a pristine business strike / MS coin is much less common than a PL coin of the same grade and will be priced as such. Since 2011, mint sets contain regular business strikes, making it easier to obtain better examples of those coins, if you go through a few mint sets and cut out the best ones. Edited by jazzy
11/11/2021 9:18 pm
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Pillar of the Community
Canada
3328 Posts |
Appreciate that info, so PL I just a grading standard for uncirculated set coins not actually proof coins at all.
Raises another question, if I just handled and carried around an uncirculated set coin for 2-5 years how do you tell the difference between an MS+ coin and a mint set coin that has a bit of wear and toning?
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Valued Member
Canada
98 Posts |
If the coin has wear, it would get something like "AU-50", not MS or PL, since it's circulated. It's technically still a PL strike but as far as technical grading goes you have to treat it as circulated.
Proof likes are also struck at least twice under higher pressure. It makes the strike of design more sharp to a trained eye.
There may be other ways of telling but I'm not sure I would want a circulated proof-like, except as a novelty perhaps?
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Replies: 25 / Views: 3,475 |
Posted 11/11/2021 5:52 pm
