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Another Platinum Eagle Proof Frosting Error

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CCFPress's Avatar
United States
1420 Posts
 Posted 02/17/2011  09:24 am Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
Another-Platinum-Eagle-Proof-Frosting-Error
The following is a press release from NGC

Last month's newsletter included an announcement that NGC had certified a proof platinum American Eagle $100 one-ounce piece coined from dies on which the word FREEDOM had been erroneously frosted. The coin was discovered by Jason Fishman, who submitted it to NGC, and we urged readers to examine their own coins for additional examples. Before any such reports came into us, another denomination of this coin series turned up here for grading and confirmation of the frosting error. Like the other example, this one is a 2007-W proof platinum piece, but it is the quarter-ounce $25 issue.

The incuse letters in FREEDOM appear on the banner draping the shield on the reverse of this coin type, and the letters are supposed to be brilliantly polished, appearing in silhouette against the frosted banner. In this new discovery there is absolutely no trace of brilliant surface within the letters, and they clearly were given the same frosted finish as the rest of the eagle motif.

A follow-up investigation by Coin World resulted in confirmation from the U. S. Mint that this was not an error in the conventional sense. Instead, these coins were prototypes that were ultimately rejected by the Mint because the word FREEDOM was insufficiently readable. The choice was made to polish this word for the production coins, and the only error was in accidentally releasing some of the prototypes. The Mint indicated that three of the four platinum issues were coined with frosted FREEDOM, only the $10 denomination lacking.
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upstate's Avatar
United States
3283 Posts
 Posted 02/17/2011  11:15 am  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
Might be nice to own that one.
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td5173's Avatar
United States
565 Posts
 Posted 02/17/2011  11:18 am  Show Profile   Bookmark this reply Add td5173 to your friends list Get a Link to this Reply
So dose this being a prototype make it more valuable over it being an error?
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Bryan1315's Avatar
United States
14454 Posts
 Posted 02/17/2011  5:27 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I would guess it would make it more rare since they were never supposed to be released. So there may not be very many of them out there unlike the ones that has the polished Freedom on them. I am guessing this is a variety instead of an error
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greghansen's Avatar
United States
92 Posts
 Posted 07/02/2011  04:17 am  Show Profile   Bookmark this reply Add greghansen to your friends list Get a Link to this Reply
I think these are destined to be one of the great modern collectible varieties. Has anybody else found one of these? I know at least one has been found for the $100, $50 & $25 and no $10's were struck, but has any of our members found that they own one of these great rarities? If so, congratulations.
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