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Are These Real?

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Valued Member

195 Posts
 Posted 07/03/2011  08:20 am Show Profile   Bookmark this topic Add wesley to your friends list Get a Link to this Message Number of Subscribers
Cheap on ebay,error aussie coins like this fetch a fortune,why are these cheap?

http://www.ebay.com.au/itm/MASSIVE-...em4cf6a7946e

http://www.ebay.com.au/itm/MASSIVE-...em4cf60e4063


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Tim Stroud's Avatar
United States
2661 Posts
 Posted 07/03/2011  09:17 am  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
They look very suspect to me especially the second one. I would say steer clear of these two, but that is just me.
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United States
810 Posts
 Posted 07/03/2011  09:45 am  Show Profile   Bookmark this reply Add Double Mint to your friends list Get a Link to this Reply
They are not Aussie coins thats why. It says they are American coins. The persons from Austrailia but not the coins.
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Tam's Avatar
United States
200 Posts
 Posted 07/03/2011  10:07 am  Show Profile   Bookmark this reply Add Tam to your friends list Get a Link to this Reply
Well, they wouldn't be worth a fortune {depending on how you view that word, of course}. What they are, are type II planchets, 1-H-2. Now, the very troubling thing about these, for me, is that an off-center strike on a blank planchet is not unheard of. But, to have an offcenter BLANK strike on a blank planchet? NO.

Since I see no evidence of any design on the off-center area, it literally begs the question, Where Where the Dies?

Now, and this is so far-reaching that I cannot accept the likelihood of it occuring, much less escaping the Mint to be offered on the market~~~~

Possible { I repeat that this is so improbable}, that the planchet was fed into a press that did not have the dies installed. It would then be struck by the holding mechanism, without any die in place as it laid off the collar on the press. The problem I see with this possibility is simply clearance. A die takes up space. Lack of die, lack of striking space. So~~~~~~~~~~ again, No.

Edited by Tam
07/03/2011 10:41 am
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Adam_E's Avatar
United States
4846 Posts
 Posted 07/03/2011  11:31 am  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
i dont understand, these are 2 off center strikes, and either the dies struck the planchet in a blank area of the die, or the strike got so mushey from the strike that it got cleared away. or a combination of both.
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Yokozuna's Avatar
United States
4618 Posts
 Posted 07/03/2011  12:32 pm  Show Profile   Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
I have had lots of off center strikes, but you can make out the coin design on both sides. These may be fine, but even if they are, I don't know if they would sell for much more than $3 or $4.
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!!
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Valued Member
195 Posts
 Posted 07/04/2011  09:03 am  Show Profile   Bookmark this reply Add wesley to your friends list Get a Link to this Reply
I would love to hear more constructive feedback about these 2 items,specifically if these are common or just suss
Wesley
Valued Member
195 Posts
 Posted 07/05/2011  08:52 am  Show Profile   Bookmark this reply Add wesley to your friends list Get a Link to this Reply
Ok these errors must be nothing spectacular
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biokemist6's Avatar
United States
12437 Posts
 Posted 07/05/2011  11:36 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
They look very suspect to me especially the second one. I would say steer clear of these two, but that is just me.

What is so suspect about a couple average OC errors?

Quote:
What they are, are type II planchets, 1-H-2. Now, the very troubling thing about these, for me, is that an off-center strike on a blank planchet is not unheard of. But, to have an offcenter BLANK strike on a blank planchet? NO.

No, they are off-center overlap errors not planchets. They cease to be planchets once they are struck. And yes, you can have a one-sided OC strike and it is not all that uncommon. It occurs when two planchets are fed into the coining chamber and both planchets are overlapped when struck. One coin will be mostly struck with a uniface indent while the other will be OC with minimal detail on the OC strike and uniface on the other side.

The value can go up when dates are present and multiple errors can also add to the value. Errors like this are fairly common in the US market, these two would probably be worth around $5-7 each- a little bit more than a "normal" off-center error.

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Conder101's Avatar
United States
17884 Posts
 Posted 07/05/2011  12:01 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Looks like Off-Center strike with the planchet caught between another planchet in the coining chamber and a late state capped die (second coin) The fist might be the same or I could be seeing part of Lincoln's bust on the first coin. (reverse is once again distorted by a blank planchet in the coining chamber.)
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