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1801 Large Cent 1 Over 000

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Moe145's Avatar
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 Posted 05/21/2009  08:40 am Show Profile   Bookmark this topic Add Moe145 to your friends list Get a Link to this Message Number of Subscribers
A cool mint error of the 1801 Large Cent.

(You'd think SOMEBODY at the mint would double check the die accuracy before this type of error becomes U.S. currency! )

Enjoy!



1801-Large-Cent-1-Over-000

1801-Large-Cent-1-Over-000
Edited by Moe145
05/21/2009 08:42 am
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 Posted 05/21/2009  09:51 am  Show Profile   Bookmark this reply Add Jim1953 to your friends list Get a Link to this Reply
Moe, maybe they knew what our money would be worth after the current administration gets finished spending us blind.

Jim
Edited by Jim1953
05/21/2009 11:50 am
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Conder101's Avatar
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 Posted 05/21/2009  5:25 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
(You'd think SOMEBODY at the mint would double check the die accuracy before this type of error becomes U.S. currency! )

It helps if you know some of the history around what was going on in Congress with regard to the Mint at the time. There was a lot of criticism that the Mint was too expensive and was producing too few coins. There were several calls for the elimination of the mint and turning over the production of coinage to private firms on a contract basis. (Apparently they had learned nothing from the experiences of the states with their private contract coinages, or the disaster with the contract coinage for the fugio cents. Of course some of the Congress men had business contacts with people who stood to profit if the int was abolished.)

The Mint had barely survived two attempts already to close it down and the mint employees were severely depressed not knowing from week to week whether they would still have jobs. Under such circumstances quality control understandably plummeted. Dies were made in batches and in 1801 a batch of five dies were produced that all had the fraction as 1/000. Die steel was scarce and expensive though so the dies would not be scrapped out of hand. One of them was recognized and corrected in 1801 (S-221) three of them were used as is in 1801 (S-218 & 219, S-220, and NC-3) and one was used as is in 1802, although it was paired with two obverse dies. One dated 1801 (S-223) and one dated 1802 (S-228). The die used for 1801 NC-3 was lated corrected and used in 1803 to strike S-249. Your coin is S-223 the 1801 struck in 1802 after the S-228 combination.
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wd1040's Avatar
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 Posted 05/21/2009  5:47 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
Is this really yours? I've always wanted to see an actual one after seeing it in the RedBook!
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 Posted 05/21/2009  8:28 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
WD1040 wrote:


Quote:
Is this really yours?


Yep, it's mine. Would you like more pictures?

For a fellow Forum guy, I can do that!
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Moe145's Avatar
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 Posted 05/21/2009  8:31 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Conder101 wrote:


Quote:
Your coin is S-223 the 1801 struck in 1802 after the S-228 combination.


Again Conder101,



How do you know these things?
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jbuck's Avatar
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 Posted 05/26/2009  9:14 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
How do you know these things?

I walk in the footsteps of my illustrious predecessors. (There's a numismatic connection with that phrase, I'll leave its identification to the students.)

I read a lot and my reading is varied. In the case of the 1801's the dies have been studied extensively. The same rev die was used in both 1801 and 1802, but it comes in a later die state on the 1801 coins so the 1801 had to be struck after the 1802. (The 1802's would not have been struck before the start of the year so we know the 1801 had to be struck in 1802.)
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wd1040's Avatar
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 Posted 05/26/2009  11:29 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply

Quote:
Yep, it's mine. Would you like more pictures?


Well, not particularly for this one, but I've always wanted to see the full lettering of a 1790s large cent!
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Moe145's Avatar
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 Posted 05/27/2009  08:38 am  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
wd1040 wrote:


Quote:
I've always wanted to see the full lettering of a 1790s large cent!


Me too!!
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biokemist6's Avatar
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 Posted 05/27/2009  12:57 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
I walk in the footsteps of my illustrious predecessors. (There's a numismatic connection with that phrase, I'll leave its identification to the students.)

hehe, too easy since I own one(unfortunately, I do not have a pic of mine handy so I had to shamelessly rip it)
It is a reference to a line from Martin van Buren's inaugural speech, the predecessor being Andrew Jackson who helped create the banking collapse in the 1830s- hence the name Hard Times Token.
1801-Large-Cent-1-Over-000
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johnthebaptist576's Avatar
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 Posted 05/29/2009  12:15 am  Show Profile   Bookmark this reply Add johnthebaptist576 to your friends list Get a Link to this Reply
very cool
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johnny54321's Avatar
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 Posted 05/29/2009  1:38 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
Moe, maybe they knew what our money would be worth after the current administration gets finished spending us blind.

Jim


Actually it's quite the opposite. This coin is worth more than you can possibly imagine. 1/000 dollars is approaching infinite!

If this were to be numerically accurate, you should be able to buy your own country and still have plenty left over.
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 Posted 05/29/2009  4:15 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
1/000 dollars is approaching infinite!
Division by Zero error!

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 Posted 05/29/2009  4:53 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Division by Zero error!


I just hardlocked thinking about it - had to go pound my head against a doorway to reboot.
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Moe145's Avatar
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 Posted 05/29/2009  4:55 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Does not compute. Does not compute. Does not compute. Does not compute. Does not compute. Does not compute. Does not compute. Does not compute. Does not compute. Does not compute. Does not compute. Does not compute. Does not compute. Does not compute. Does not compute.


(Cue the MIcrosoft Blue Screen of Death)


Arrrrrrrrrrrrrrrrrrrgh!
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