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a neat piece. 1913 5C struck on G$5 planchet.
2ltdjorn
Posts: 2,329 ✭✭✭✭
anyone have experience with this piece?
intentional? pattern? error?
WTB... errors, New Orleans gold, and circulated 20th key date coins!
12
2ltdjorn
Posts: 2,329 ✭✭✭✭
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That's amazing! The original gold Buffalo!
perhaps FW will offer his observations. hopefully.
Bizarre. Intentional seems to be more likely than error.
Latin American Collection
It was struck on a G$5 planchet rather than a G$2.5 planchet as stated in your thread title.
Worry is the interest you pay on a debt you may not owe.
corrected.
What an amazing piece. That’s going to be a fun one to follow.
I'm prepared to shoot whoever is responsible for the test cut.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
6-figure coin without the cut?
Why does the cut matter? Is someone afraid there are others without it?
worn dies
Haha, very fair point. Maybe it doesn’t affect the price that much.
Super cool piece!
Thanks for sharing.
Wow!
one might play with new dies...
but...
maybe not...
but
this obviously saw circulation... that's not cabinet friction...
and
there's a test cut.
perhaps the scales tilt more towards accidental???
Never heard of it. Don’t see any reason to question its random error status. If it had been smuggled out, then no (BLEEPING) idiot would ever have done that test cut!!!!
what I was thinking is interesting is that it's $5 worth of gold. They weighed using scales far more accurate than an error tolerance of a single coin's weight.
so, how does $5 worth of gold go missing... potentially into a bag of nickels?
perhaps the Langbord's have thoughts.
Cool coin. I might have a chance if no one else bids on it
Intentional? Nah, there were definitely no shenanigans going on in the mint in 1913 that would have resulted in intentional errors, especially concerning nickels.
(I really don't know, but it's damn cool.)
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
I’m thinking Daniel Carr needs to make a modern version.....
I'll hold your coat while you shoot him!!!
That is wild!
It matters for the same reason most people wouldn’t take a razor blade to Rembrandt.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I'll hold your beer.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
I tend to believe a few Liberty nickels likely were made by the same craftman! Cool piec all the same.
It matters because it has been deliberately and severely damaged. The condition of any coin has an effect on the desirability and value of the coin.
Worry is the interest you pay on a debt you may not owe.
I wonder if somebody didn’t do the test cut thinking there was no way they actually had a gold nickel and then completely freaking out.
Interesting.
It's obvious it was found by someone who knew nothing about coins and assumed that such a unique error coin could be test cut without affecting its value.
Worry is the interest you pay on a debt you may not owe.
That's a beauty !
Absolutely incredible.... I wonder where this coin has been all this time? Why are we just seeing it? There must be an interesting back story here. Cheers, RickO
That would be the star of any collection.
Shoot, if only it was a Type 1 it could have filled a hole in my 7070
Nothing is as expensive as free money.
Interesting piece. It seems as it’s a new discovery. Has it really gone 100 years without ever being known to the collecting community? And why from a rather worn out die? I wonder what sort of testing and expert opinion the coin was subjected to before determining it was an authentic piece.
A Gold planchet got jammed in a tote bin, then was filled with nickel planchets and struck by an overused, terminal die pair?
HMM.....................I would have thought that someone at the Mint would have been missing the piece, given the security surrounding Gold coining. Could be. They probably searched and couldn't locate it.
I dunno.
Pete
I would think a gold coin mixed with a tote bin full of nickels would stick out like a sore thumb.
Worry is the interest you pay on a debt you may not owe.
Agreed. Still it could have gotten through, and made it into circulation where it was very briefly circulated before being "discovered".
Pete
That is amazing!
I love it, I want it.
No way I will be able to swing whatever price it brings though.
Collector, occasional seller
I'm not sure I understand your comparison. Nobody takes a razor blade to a painting to see if it's really painted on canvas. Yeah, the coin has a cut on it, but so what? Is there a better one to be had?
I think that even in the case of extremely rare or unique coins, condition and beauty still play a role in their value. So, Andy’s analogy aside, if the coin didn’t have that cut, a I believe it would sell for more than it will, as is.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
You may be right about the cutter knowing nothing about coins, but this reminds me of a genuine 1943 copper cent that I saw that had several test cuts all around the edge. I guess one was just not enough proof. I wasn't there to see it but I always imagined that it was some old crusty coin dealer attempting to show the person who found it that there was no way someone would ever find such a rare coin. And he was going to keep on cutting until he proved his point. Magnet, dude, magnet.
At least they stopped with only one cut on the gold nickel. One too many.
You know your history,
Saul on the other hand had a change of heart...
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
That is phenomenal! Great looking error, regardless of cause.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Thanks @2ltdjorn for posting as this is the First Thread in 2020 worth logging in here for
This Buffalo error has been unknown until now.
I feel it may have been considered plated junk for most of a century just like the 1883 Racketeer Nickels.
Having been struck with tired worn dies validates this as an accidental planchet strike instead of a intentional set-up strike.
Unique Details Graded Mint Errors aren't looked upon the same as a cleaned 1881-S Morgan $1.
Yes the test cut sucks, but where are you going to find another?
Hope @FredWeinberg will join in and share his reaction and thoughts when it crossed his desk
Heritage describes the coin's history as unknown. PCGS certainly has to know more because they at least know the submitter. It would be nice if they would share what they know of the coin's history.
WOW...and it's a speared Bison too!
Amazing!
The TrueView makes it look plated, but the Heritage photos look solid.
I'm more in the pattern camp than the error camp.
when it goes live, I will be putting a bid on this one. no way will win it, but my kids will no doubt enjoy tracking this one's progress.
I first saw the coin raw at a LB show just about a year ago,
maybe a bit longer.
When shown to me, my 'spider' sense tingled immediately,
but I couldn't, in that split second, believe what I thought I
might be holding. Examining the coin with a magnifying glass,
and weighing it, were the first two things to do.
The coin was not a counterfeit,imo at the table, and it weighed
just under the correct weight for a $5 Indian planchet.
I won't comment on who showed it to me, who owns it, etc.
It was just a great pleasure to see - a major Off Metal/Wrong
Planchet error that no one knew existed before ................
for PCGS. A 49+-Year PNG Member...A full numismatist since 1972, retired in 2022
I’m on board! All I can say is WOW!!!