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 Replies: 10 / Views: 2,759 |
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Locked
822 Posts |
http://cgi.ebay.com/390237712528OK, these are wildly cool. But I have some questions. Wouldn't there almost have to be a mint employee connection to get a hold of these together? I mean they can't be rolled so they would have to kick out of the process somewhere right? If they do kick out then an employee should turn them in to be destroyed right?
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Pillar of the Community
United States
3640 Posts |
I think PCGS is heading for the rock bottom pit soon.
I want to hear how they accomplished this one.
They should know that an employee (or someone) had to turn the coin over. Each coin seperatley is a worthwhile collect. But to say a mated set ? If the owner misplaced one then the other would be almost worthless. More power to em I guess. People are bidding on it.
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Pillar of the Community
United States
1424 Posts |
Since the U.S. mint doesn't roll coins I would say that someone at Brinks or one of the other armored car services found these.
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Pillar of the Community
United States
2120 Posts |
This is why I prefer to stay away from slabs except for authentication.
Someone needs to start a purely authentication service. No grading.. just genuine / genuine cleaned / etc
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Pillar of the Community
United States
2738 Posts |
There is no reason to suspect this mated pair had any assistance. When mint-sewn bags were shipped to armored car services, Federal Reserve Banks, and commercial banks, error coins -- included mated pairs -- would occasionally be found inside. The same thing goes for the more recent gargantuan " Ballistic Bags". Error coin writer and researcher.
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Pillar of the Community
United States
7629 Posts |
Exactly what Mike said, aside from the fact that canvas bags of coins were EASILY obtained through almost any bank. I used to buy $50 bags of mint sealed coins from my local bank every year, and could have had as many bags as I wanted. For clarification - up until the Statehood Quarter program made roll collecting popular again, the Mint DID NOT roll coins. They bagged the coins and sent the bags to the Fed Reserve and commercial wrapping services, which in turn would send the coins still in the bags to any bank that ordered them. |
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Valued Member
United States
321 Posts |
I'm sorry if this is a dumb question but I'm unfamiliar with the minting process.
I know that employees had to operate the dies by hand in the past. But with mintages in the hundreds of millions today, what exactly do mint employees do now? Sounds to me like the vast majority of the process is done by machines at an extremely fast rate. Would there be time for some guy to go "wait hold on a sec, let me flip this over for giggles"?
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Pillar of the Community
 United States
2448 Posts |
I was just going to say that I buy modern mint rolls all the time praying that I'd find something like this. Never have though.
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Bedrock of the Community
United States
17884 Posts |
The dies are placed in the press and aligned by the die setter. When he is satisfied he turns the press over to the press operator who starts the production run. (Sometimes an operator may run more than one press.) The coins some spitting out of the Press at 750 coins per minute into an inspection hopper. From time to time the press operator takes a few from the hopper and inspects them for problems. If the coins are acceptable he trips a lever and the contents of the inspection hopper are dumped into the production hopper from which they will be taken by somone else off to the riddler with will attempt to separate out any clips or offsized coins (off centers, broadstrike rtc.) and then from the riddler they are taken to bagging.
If there is something wrong with the coins in the inspection hopper the operator may adjust the press, or he may have to shut it down in order to correct the problem (die crack broken die etc). In that case the coins in the inspection hopper are condemned.
my only complaint with the auction is that Coin #2 was struck first and coin #1 was struck second.
Edited by Conder101
09/16/2010 12:57 pm
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Pillar of the Community
United States
4000 Posts |
Quote:
my only complaint with the auction is that Coin #2 was struck first and coin #1 was struck second. Interesting. Could you elaborate a little further? I'm trying to picture the sequence of events that took place that you are seeing that I'm not. I'm not doubting you, I'm trying to understand. Is it because the 2nd coin has the clearer strike in the error area? And the first coin has the distorted strike? Edited by Scooby Due
09/16/2010 4:42 pm
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Pillar of the Community
United States
4000 Posts |
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Coin #2 was struck normally, then Flipped-Over and struck on top of coin #1. Ah, I think I understand now. You would think that they would have labeled them "Thing 1" and "Thing 2" in order. |
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Replies: 10 / Views: 2,759 |
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Posted 09/15/2010 9:20 pm
