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 Replies: 23 / Views: 2,678 |
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Pillar of the Community
United States
1217 Posts |
I need some help from the error coin experts. I actually went ahead and pulled the trigger on buying one of these.
I found out there is a type 1 and type 2 error, it depends on if the edge was rolled (type 2) which is the more common type, or if the edge isn't rolled it's type 1. I have a type 2 coming graded MS61 by PCGS. Mostly I see MS60.
I can also add that they are only found slabbed, or that's all I find. I suppose just to be certified as to being genuine. But typically are one of the less prestigious graders, ANACS or ICG.
So, main reason I'm here: did anyone know how ASEs made it out of the mint like this? You'd think there would be at least a marginal amount of quality control that would catch an unstruck planchet, even on a bullion coin. Did they really just make it into a tube? Edited by Gilly
05/13/2023 10:28 am
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Pillar of the Community
United States
3237 Posts |
Can't tell you anything without pictures.
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Moderator
 United States
94728 Posts |
Looking forward to seeing some pictures
Edited by Dearborn
05/13/2023 11:18 am
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Moderator
United States
94728 Posts |
What years are you referring to? every time I search out ASE type 1 or 2 I only get the transition eagles of 2021 Edited by Dearborn
05/13/2023 11:20 am
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Pillar of the Community
United States
2001 Posts |
@Dearborn, I think the OP is referring to type 1 and type 2 blank planchets. Type 1 being without upset rims and type 2 after it went through the upsetting mill, not the finished type 1 and 2 coins.
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Pillar of the Community
 United States
1217 Posts |
Exactly, I was referring to the 2 types, that I know of, of the blank planchet errors. I have even seen sellers getting confused on what they have in regards to this error on ASE planchets (type 1/type 2 ASE). I've also found out that the type 1 that hasn't been through the upset mill are called "blanks", once they are upset, they are planchets. As far as the year, they seem to ask be "ND" as there is no year on them. You can Google up pictures, or I can post pics of mine when I get it. Just assuming that they must have made it into tubes. |
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Moderator
United States
56855 Posts |
Quote:
are one of the less prestigious graders, ANACS or ICG IMHO,ICG. I am guessing it just made it into a tube/roll. John1  |
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Pillar of the Community
United States
1648 Posts |
There was only one known hoard of only 400 prior to 2007 which were released by the US Mint in error, but I havent checked if there was any others since or perhaps singles got out. Remember these are silver.  Edited by datadragon
05/13/2023 2:51 pm
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Moderator
United States
94728 Posts |
Quote:
I think the OP is referring to type 1 and type 2 blank planchets. Type 1 being without upset rims and type 2 after it went through the upsetting mill, not the finished type 1 and 2 coins. Ah, yes, I forgot about the 'blank vs planchet' . Blanks that have not been upset are type one blanks, and upset blanks are type 2 planchets. |
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Moderator
United States
94728 Posts |
This make me wonder if a type 1 blank would even fit into the collar and if it did, what would the rim actually look like/
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Pillar of the Community
United States
1648 Posts |
Quote:
I think the OP is referring to type 1 and type 2 blank planchets. Type 1 being without upset rims and type 2 after it went through the upsetting mill, not the finished type 1 and 2 coins.
Ah, yes, I forgot about the 'blank vs planchet' . Blanks that have not been upset are type one blanks, and upset blanks are type 2 planchets.
This make me wonder if a type 1 blank would even fit into the collar and if it did, what would the rim actually look like/ Heres all the info I have. When the rims are upset, the blank officially becomes a planchet. That's the state during which the coin is ordinarily struck by a die to become a coin. So unless someone threw it in there, type 1 (blank coins without an upset rim) would never be normally struck in that state. Type I blanks are characterized by a completely flat planchet. Type II blanks have been run through the edge rollers to give a slightly raised edge to the blank planchet. General: Before having their rims raised in the "upsetting" machine coin blanks are known as Type 1 planchets. These are blanks that never make it through the preparatory process. They have rough edges and depending on what stage of manufacture they were in before escaping the mint, they may be off-color or have a grainy appearance. If they're smooth and shiny, chances are they're counterfeits used as slugs to fool vending machines. Occasionally a finished planchet may not make it to the coin press or be ejected without being struck. These blanks will have a raised rim from the upsetting machine but will not have the coin design stamped on them. These are called Type 2 planchets since they've been through the first phase of production. Blank planchet errors are categorized 2 ways: Blank coin without an upset rim (Type 1) Planchet (with a raised rim) (Type 2) Edited by datadragon
05/14/2023 1:04 pm
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Pillar of the Community
Canada
6244 Posts |
Easy to put it is Type 1 = blank and Type 2 - planchet.
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Bedrock of the Community
Australia
21786 Posts |
I would not call it an error, but it is a blank planchet. I would stand to be corrected, but I also think that a blank silver planchet would rated at somewhere between very scarce and rare. For a standard US Mint silver ASE planchet to have escaped suggests to me some sort of 'inside job' clandestine activity, due to the fact that they are only found slabbed. After a coin has been slabbed, it cannot be investigated further, without breaking th slab. Let's hope that Westminster Mint, or ICG, or whoever they are, have properly investigated these blank planchets before slabbing. |
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Pillar of the Community
 United States
4587 Posts |
Huh? "For a standard US Mint silver ASE planchet to have escaped suggests to me some sort of 'inside job' clandestine activity, due to the fact that they are only found slabbed." The mint doesn't slab ANYTHING. Proof ASEs are sold to collectors in capsules. The mint sells bullion ASEs to the authorized purchasers in boxes of 500 tubed in lots of 20. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Bedrock of the Community
United States
62064 Posts |
Well it is an error, when it leaves the mint un-struck.
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Pillar of the Community
Canada
6244 Posts |
Basic we have two scenarios:
1. If it is Blank (before milling) it is an insider job.
2. If it is Planchet (after milling) could pass with striking coins, so will be an error. Also here for that time when the coins was struck one by one with press operator for each coin, hard to believe could pass.
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Replies: 23 / Views: 2,678 |
Posted 05/13/2023 11:18 am
Uncirculated American Silver Eagles 
