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1962 Missing M

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Valued Member
TwoCentsWorth's Avatar
Canada
250 Posts
 Posted 09/18/2010  8:31 pm Show Profile   Bookmark this topic Add TwoCentsWorth to your friends list Get a Link to this Message Number of Subscribers
Hi, I'm not sure which 'm' this coin is missing. Can anyone clarify this for me please?
I'm new to all this.

Cory
$0.02
Valued Member
Cubro99's Avatar
Canada
64 Posts
 Posted 09/19/2010  02:11 am  Show Profile   Bookmark this reply Add Cubro99 to your friends list Get a Link to this Reply
On the obverse, at the base of the queen's portrait there are the two initials, M and G. The G can be half missing on occasion but the missing M is hard to come by. I've been through about $6 worth and haven't found any.
Valued Member
TwoCentsWorth's Avatar
Canada
250 Posts
 Posted 09/19/2010  02:12 am  Show Profile   Bookmark this reply Add TwoCentsWorth to your friends list Get a Link to this Reply
Hmmm, 41 views and either no one knows or cares to answer. I'm sorry I know this must be a rookie question but I am a rookie, and this is where I have come to learn.

There is a variety for the 1962 Canadian penny where the penny has a missing "M". However, I am not aware of any M on this penny and have not seen a picture of this.

If anyone knows can you please explain this to me?

Thank you

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TwoCentsWorth's Avatar
Canada
250 Posts
 Posted 09/19/2010  02:13 am  Show Profile   Bookmark this reply Add TwoCentsWorth to your friends list Get a Link to this Reply
Ack, of course just as I was writing my above post Cubro99 was kind and answered it.
Thank you very much...I'll look for that.

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Valued Member
castor's Avatar
Canada
306 Posts
 Posted 09/19/2010  11:44 am  Show Profile   Bookmark this reply Add castor to your friends list Get a Link to this Reply
hi TwoCentsWorth

Look pic MISSING "M" here.

http://www.numicanada.com/pieces-de...nt-1953-1964
Valued Member
ChickLit's Avatar
Canada
79 Posts
 Posted 09/20/2010  7:49 pm  Show Profile   Bookmark this reply Add ChickLit to your friends list Get a Link to this Reply
Great site Cubro99, I just bookmarked it. Why are there no values listed for the hanging varieties? Are they that common, and worth face value?
Valued Member
Cubro99's Avatar
Canada
64 Posts
 Posted 09/21/2010  02:25 am  Show Profile   Bookmark this reply Add Cubro99 to your friends list Get a Link to this Reply
fwi, castor posted that site link.
To answer your question the hanging (die clash) varietis don't have a price because they are incredibly common and carry little to no premium value. For the 1962 penny a die clash occurs in ~23.5% of the circulation strikes.
Valued Member
ChickLit's Avatar
Canada
79 Posts
 Posted 09/21/2010  05:17 am  Show Profile   Bookmark this reply Add ChickLit to your friends list Get a Link to this Reply
Ooops, sorry about that. You are so right, thanks for the link Castor.
Thanks for responding to the question Cubro99, I was thinking that they were pretty common. I have a couple of these that look like they were just minted yesterday. Although the value may not be high, the die clashes make these coins incredibly interesting.
Valued Member
splatto's Avatar
Canada
426 Posts
 Posted 09/21/2010  1:22 pm  Show Profile   Bookmark this reply Add splatto to your friends list Get a Link to this Reply

Quote:
To answer your question the hanging (die clash) varietis don't have a price because they are incredibly common and carry little to no premium value. For the 1962 penny a die clash occurs in ~23.5% of the circulation strikes.


Are you kidding me? I have never, ever found a hanging '62 cent.
Pillar of the Community
collectall's Avatar
Canada
610 Posts
 Posted 09/21/2010  2:42 pm  Show Profile   Bookmark this reply Add collectall to your friends list Get a Link to this Reply
Cubro99 You're right. I'm finding TOO many of them now.(The '63 is following close behind.But in my case is harder to find)
Edited by collectall
09/21/2010 2:44 pm
Valued Member
splatto's Avatar
Canada
426 Posts
 Posted 09/22/2010  4:37 pm  Show Profile   Bookmark this reply Add splatto to your friends list Get a Link to this Reply
I don't understand you can find hangers on one in four '62 cents. I haven't found a single one, in any date for that matter. Is the hanger visible with a 10x loupe on a brown circulated cent?
Valued Member
Cubro99's Avatar
Canada
64 Posts
 Posted 09/22/2010  5:07 pm  Show Profile   Bookmark this reply Add Cubro99 to your friends list Get a Link to this Reply
Well, die clashes occur over every year and denomination, they just change shape. To see it you might need a 10x loupe and it will be easier if you are near-sighted. On the '62 penny it is a thin scratch that goes from the last digit, it takes a left turn and finishes at the leaf. If you can't see it change the angle or get a stronger light. You can have a better chance on 1952, look for a scratch following the stem and attached to the bud. Or go buy $5 in pennies pull out all your 1979's and check those and you will find one.
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ChickLit's Avatar
Canada
79 Posts
 Posted 09/22/2010  5:44 pm  Show Profile   Bookmark this reply Add ChickLit to your friends list Get a Link to this Reply
I admit that I am still reasonably new at trying to figure out exactly what I do have in my collection, and know very little about die clash coins. What I can tell you is where I got my hangers. I rescued them form the "junk box" at the coin shop in 2004. Five pennies for $1. Interestingly, I am near sighted , and noticed the irregularity on the shiny 62 and 63 almost immediately. Hope that helps...
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splatto's Avatar
Canada
426 Posts
 Posted 09/22/2010  5:58 pm  Show Profile   Bookmark this reply Add splatto to your friends list Get a Link to this Reply
Cubro: I understand what the hangers are. My post (and the one before it) was expressing amazement and disbelief that you find these in 25% of the cents from that particular year.

I then asked if the hangers are visible on a circulated brown coin
Valued Member
Cubro99's Avatar
Canada
64 Posts
 Posted 09/22/2010  6:28 pm  Show Profile   Bookmark this reply Add Cubro99 to your friends list Get a Link to this Reply
Answer: yes
There can be several reasons why you were unable to find I'm just trying to help you out.
I got the one in four number because I have 302 cents from '62 and 71 were 'hangers' and these all came from circulation. From red to brown, from MS-65 to VG, and most over the past 5 years.
Valued Member
ChickLit's Avatar
Canada
79 Posts
 Posted 09/22/2010  6:32 pm  Show Profile   Bookmark this reply Add ChickLit to your friends list Get a Link to this Reply
Splatto, I just checked my brown ones. I was unable to spot it, or perhaps I just do not have any? I would expect it would difficult to see it on a brown.
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