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Replies: 16 / Views: 1,292 |
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Bedrock of the Community
 United States
25049 Posts |
Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
 United States
95322 Posts |
Looks like it, we have seen other weird stuff that came out of the mint how about a link to that listing?
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Bedrock of the Community
United States
94367 Posts |
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Moderator
 United States
34397 Posts |
Considering it is a Wheat cent, seems like it ought to be slabbed to be sure it's real.
"If you climb a good tree, you get a push." -----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz
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Bedrock of the Community
  United States
25049 Posts |
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
 United States
6480 Posts |
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Bedrock of the Community
  United States
25049 Posts |
Inordinately fascinated by bits of metal with strange markings and figures
Edited by HondoB 07/12/2023 7:28 pm
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Bedrock of the Community
United States
94367 Posts |
Agree - a complete mistake by PCGS to holder this.
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Pillar of the Community
United States
3237 Posts |
I agree, I have no interest in these mint "errors" either. The interesting thing about mint errors to me is that the mint is actively trying not to produce them, so they're little artifacts of the ways the process can go wrong that weren't supposed to exist. Things like this (even if real) don't reveal anything about the minting process, only what a bored mint employee with access to the machines can make by misusing them.
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Moderator
 Australia
16810 Posts |
These sort of things can, in theory, be genuine mint errors. The pride and joy of the Royal Australian Mint's error coin display is a large bolt that fell into the proof coin press just as a coin was being struck. You can see it in this recent thread. I think it highly, highly unlikely that a steel nail would wind up in the bronze coin blank bag, and make it's way all the way through the blank feeding process to the press. The nail must have come from somewhere else, other than the blank feedstock. To me, the question of authenticity hinges on whether or not such a nail is likely to come off of some piece of machinery above the press, and fall down into the press. This seems highly unlikely to me, on account of this being a "common" wood nail. I think even back when wheat pennies were being struck, the frames for the presses would not have been made of wood. I'd also think press housings would be screwed or bolted together, rather than nailed or riveted, for easy disassembly and for easy tightening - I'd assume a press housing takes quite a battering, with everything getting shaken loose, so you'd want your attachments to be easily re-tightenable. This must, therefore, be either a mint sport (somebody deliberately tossing a nail into the press to "See what happens"), or an outright fake, using fake coin dies.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
 United States
6480 Posts |
That it exists is no mystery. People like tinkering with machinery. Check out the Silicon Zoo sometime if you want to see the wild art that people have put onto microchips.
But to pay five figures for it? Preposterous. Fools, money, parted, The End.
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Bedrock of the Community
United States
73874 Posts |
Pretty interesting. I've seen one of these for sale a while back on ebay. Whether it's real or not is questionable.
Errers and Varietys.
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Bedrock of the Community
  United States
25049 Posts |
The question is why did the seller not submit it to PCGS for certification, as they included a link describing the $40K "dime nail". Or perhaps they did and it came back in a body bag, which is why they're throwing it out there for $500.
Inordinately fascinated by bits of metal with strange markings and figures
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Bedrock of the Community
  United States
25049 Posts |
Surprise, surprise - reserve of $500 not met.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
3237 Posts |
@Sap respectfully, I don't think something like this is possible without external and deliberate aid. In order for this to occur, you'd not only need a nail to be fed into the striking chamber, which I don't think the feeder would normally even be capable of doing, you'd also need the collar die to just happen to be disengaged at exactly the same time.
Edited by SamCoin 07/13/2023 01:12 am
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Pillar of the Community
 United States
4618 Posts |
If it's really real, it really cheap at $500. These off-metal and off-planchet strikes go for massive amounts of cash! My first thought was of the Dime-On-A-Nail as seen in the link above. I have saved several images of this type of error. With this being my favorite. Click on the picture for a larger image
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! 
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Replies: 16 / Views: 1,292 |