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Brokerage Coins

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spg1's Avatar
Australia
363 Posts
 Posted 02/15/2011  05:16 am Show Profile   Bookmark this topic Add spg1 to your friends list Get a Link to this Message Number of Subscribers
There is a listing on ebay that says it is a "Brokerage Coin".

http://cgi.ebay.com/error-rare-1943...t_500wt_1156

Can anyone explain how it happens & importantly would this be worth investing in?

Cheers Simon
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Sap's Avatar
Australia
16836 Posts
 Posted 02/15/2011  06:12 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Not "brokerage" - it's "brockage". There's a definition in the CCF glossary, but basically it's similar to a "vise job", except that it's a genuine mint error which did actually happen in the mint. A failure of the coin ejector mechanism meant that a finished coin was still sitting in the press when a new blank was inserted. When this new coin was struck, the previous coin acted as a die, creating a reverse-incuse pattern of the same design which would appear on the "normal" or unaffected side. This side would usually also be in very sharp detail, since it's been struck twice (just like a proof), the second time with twice the thickness of metal in it than usual.

"Vise jobs" can resemble brockages, but a typical vise job will leave telltale traces of the original design left behind; there should be no such "two sides of a coin on the same side" effect on a genuine brockage. The one on the ebay auction linked to looks legit to me.

At the back of the McConnelly "Varieties" book there's a brief half-page summary of brockages, with an example illustrated.
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carmykle's Avatar
United States
2448 Posts
 Posted 02/15/2011  11:59 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Wow! Learned something again! I love this site!
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spg1's Avatar
Australia
363 Posts
 Posted 02/15/2011  4:20 pm  Show Profile   Bookmark this reply Add spg1 to your friends list Get a Link to this Reply

Thanks SAP, always helpful.
New Member
Australia
10 Posts
 Posted 02/26/2011  07:08 am  Show Profile   Bookmark this reply Add zipper to your friends list Get a Link to this Reply
I asked the seller about this so called brokage coin and this was his response

Dear zipper

hi while this is the first one I have seen it does mention these type of coin in australian coin and banknotes.they are called a brockage coin apparently some of these coins made it into circulation during the war years when they had less time for quality controll.


- shadow6210

The seller has no idea what he is selling and needs spelling lessons.
Crap coin by the way,obviously a vise job poor buyer got ripped off
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