Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection! Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1987 Italy 500 Lire Error?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 12 / Views: 6,634Next Topic  
Moderator
Learn More...
John1's Avatar
United States
56855 Posts
 Posted 08/07/2011  10:56 am Show Profile   Bookmark this topic Add John1 to your friends list Get a Link to this Message Number of Subscribers
Would this be considered an error? If so, what value? Thanks all,John1
1987-Italy-500-Lire-Error?
Moderator
Learn More...
John1's Avatar
United States
56855 Posts
 Posted 08/08/2011  06:57 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Moderator
Learn More...
John1's Avatar
United States
56855 Posts
 Posted 08/08/2011  6:08 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
O.K. be that way, I'm taking my ball and going home
John1
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 08/08/2011  6:25 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Ok, now I get it once I had a chance to look in Krause. It is a bimetallic coin with an uncentered center. When the center hole was punched out, it was not perfectly centered on the ring. Because the bronze center was not centered, the central design strayed onto the ring when the coin was struck.
Edited by biokemist6
08/08/2011 10:43 pm
Moderator
Learn More...
John1's Avatar
United States
56855 Posts
 Posted 08/09/2011  06:41 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Thanks Bio. Would it be an error or a variety? Any added value? Thanks for the help.
John1
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 08/09/2011  10:28 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
It would be considered an error but I am not sure how much value it would have, I have no idea if the uncentered issue is common or not in Italian coinage. I have seen some other world coins with this same issue though.
Pillar of the Community
United States
1666 Posts
 Posted 08/09/2011  2:25 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
Where is in not centered?
If you are referring to the right edge of the building protruding into the outer ring - that is completely normal for these coins and exactly how they were designed.

I see no error in the picture.
Valued Member
nikola's Avatar
Croatia (Locally: Hrvatska)
342 Posts
 Posted 08/10/2011  5:41 pm  Show Profile   Bookmark this reply Add nikola to your friends list Get a Link to this Reply
I would agree with,biokemist6 this is some sort of error.
Numismat I have 500 lira about (30 pieces total 3-5 from year) bimetal from that series (1982,1983,1984,1985,1986,1990,1991):
KM# 111 500 LIRE
6.8000 g., Bi-Metallic Bronzital center in Acmonital ring, 25.8 mm.
Obv: Head left within circle
Rev: Plaza within circle flanked by sprigs
and only one piec of mine has a this


1987-Italy-500-Lire-Error?

I used John1 your picture as sempel but my date is 1990.
I never did look at that,but it is some sort of error.
Pillar of the Community
United States
1666 Posts
 Posted 08/10/2011  10:30 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
If you go to Google, click on the images tab, and type in "500 lire 1987", or any other year for this type - you will quickly see that all the examples of this type have the design exactly like this.

Again, this is not an error, it is the normal design for this coin.
Edited by Numismat
08/10/2011 10:31 pm
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 08/10/2011  10:46 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Or perhaps it is just sloppy planchet preparation and slight center position variation is perfectly allowable by Zecca Dello Stato standards.
Pillar of the Community
United States
1666 Posts
 Posted 08/10/2011  11:29 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
Biokemist - you are probably right about that. With this particular type I have often seen sloppy centering. It is usually very minor, with just the bottom most Braille dots touching the center portion, but exists pretty commonly for these coins.
Valued Member
nikola's Avatar
Croatia (Locally: Hrvatska)
342 Posts
 Posted 08/11/2011  1:57 pm  Show Profile   Bookmark this reply Add nikola to your friends list Get a Link to this Reply
Sorry Numismat I googeld too you were right.
All pieces of 1987 that I have googeld are same like this one.
Pillar of the Community
United States
1666 Posts
 Posted 08/11/2011  6:32 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
There are bimetallic coins from several countries that have a similar issue with the design. It's always important to compare to other examples to know if the coin is an error or not.
If it were an off-center error, it would be worth between $50 and $100 auction value and $100+ retail. Italian minting standards are not the strictest, but significantly off-center coins of this type are quite rare.
  Previous TopicReplies: 12 / Views: 6,634Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.37 seconds to rattle this change. Forums