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Replies: 17 / Views: 5,952 |
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New Member
United States
12 Posts |
This is a coin I found roll searching from a mint wrapped roll from my bank. The coin has been certified by Ken Potter and Mike Diamond as a dropped letter. This is only the second dropped letter occurring on the edge of the presidential series. I'm now going to have it slabbed and then.....who knows? 
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Pillar of the Community
United States
2120 Posts |
I fail to realize the purpose of this thread.
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Pillar of the Community
United States
4000 Posts |
This series is known for embossed letters coming from other coins, which is damage. I can't tell from the pics if the letter is incuse or in relief and being a "T" rules out mirror image diagnostics. But, if you say Mike and Ken have verified it - great! Why did you have them both look at it? Did you not trust one or the other?  As far as there only being 2 of them - where did you get that info? I assume you are priming the pump to sell it? How does the rest of the coin look? How do you think it would grade?
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New Member
 United States
12 Posts |
Hmmmm.........I am a newbie and this is my first post so perhaps I posted it in the wrong section if so my deepest apologies. If indeed it is in the right section I thought collectors would be interested in a unique find.Or perhaps people in the error thread wouldn't be interested in an error at all.
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Pillar of the Community
United States
4000 Posts |
We love errors! I especially like dropped letter errors. I think your initial post came across like a sales pitch.
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New Member
 United States
12 Posts |
Long story but last year on another forum I posted the pic of the coin as a possible dropped letter and Mike Diamond insisted it was a contact mark. Knowing who Ken Potter was I sent the coin to him and he certified it to be a dropped letter. Mike Diamond contacted me and ask to see the coin. I sent it to him and his first impression was that it was not a dropped letter. After a week of testing to see if he could duplicate it he found he could not. His conclusion is that it is indeed a dropped letter and sent a letter to verify it.
In the July issue of Numismaster.com Ken Potter doing an article on the coin stated that it was only the second edge dropped letter on the Prez series he has seen, the first being in 2007. My next step is to send it to NGC to be graded and I believe it will grade Ms-66 or 67. Right now I'm not sure about selling it as I have a nice start on the dollar errors. I have found 10 smooth edge Washington dollars in one roll. I had 5 graded and sold three. I have found and kept a Polk slipped lettering error graded by ANACS as a ms-67.
If someone offered a price I couldn't refuse of course I'd sell it.
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New Member
 United States
12 Posts |
RE-reading my initial post it does sound like a sales pitch....sorry about that. I am very curious about the value as there is nothing out there to compare it to. When I begin collecting errors it was due to my 11 year old granddaughters interest in errors she saw at a show I took her to, so most if not all of the coins will be passed to her.
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Pillar of the Community
United States
4000 Posts |
Sweet! Dropped letters are one of my favorite errors. Of course, I would prefer the "traditional" dropped letter(s) on the obv/rev. Bummer is, once it's slabbed, you can't see the error!  Remember, when you get it back from NGC, 
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Bedrock of the Community
United States
12437 Posts |
 I thought I recognized that photo  Congratulations on your find, that is a tough one. In this case, a letter "T" was clogged. Later, the offending material fell out of the "T" recess in the die like Jello from a mold. It fell into the coining chamber and onto the collar. The coin was then struck, impressing the T-shaped goop into the edge.
After the strike, the foreign material fell off out of the edge of the coin, resulting in a perfectly shaped inverted and incuse (recessed) letter "T" struck into the coin's edge just in front of the Philadelphia "P" mintmark. The fact that it may appear raised in the photo is an optical illusion.
Most dropped letters, (or numerals or other areas of design), are typically found on the obverse or reverse of a coin, but extra careful attention to the edges on edge-lettered coins (such as the Presidential series) has resulted in dropped letter errors being found on the edges in recent years (though the number of reports is still very small). The increased use of horizontal coin minting presses may also be a factor since gravity would increase the chances of this occurring where it was less likely with the traditional vertical style minting technology. http://www.numismaster.com/ta/numis...icleId=12295
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Pillar of the Community
United States
4000 Posts |
Where are my manners?!  to CCF!
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Pillar of the Community
United States
689 Posts |
some TPGs (maybe not the big 3) have a halo ring on their slab that allows you to see the rim. MSNS I believe is who carries it.
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New Member
 United States
12 Posts |
Thanks for the welcome Scooby Due I'm going to enjoy this forum I think. NGCs holder will show the edge as well. I have some smooth edge Washingtons in them. I have a slipped edge lettering error in an ANACS holder that I'm not really happy with.
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Bedrock of the Community
United States
17884 Posts |
Quote: Bummer is, once it's slabbed, you can't see the error! If NGC places it properly in an edge view holder you will still be able to see the error.
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Pillar of the Community
United States
1807 Posts |
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Bedrock of the Community
United States
62064 Posts |
Is there a dent on the edge of the coin with the T? If so it could be two coins that hit together transferring the edge design to the second coin in that area? Especially if the T is raised and not incuse like the rest of the devices on the rim.
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New Member
 United States
12 Posts |
No dent occurring with the T but I'm confused by the question. The T is incused not raised it is about the same depth of the P mint mark. Second coin? In addition to my coin or another coin which would make 3 coins?
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Replies: 17 / Views: 5,952 |