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Maybe the Mint should sell it’s “errors”

ambro51ambro51 Posts: 13,529 ✭✭✭✭✭

You know, the mangled clipped doublestruck junk no one wants......floor sweepings...

Comments

  • TurtleCatTurtleCat Posts: 4,583 ✭✭✭✭✭

    It would be a slippery slope if they did and more would be intentionally made. Besides, it would devalue all of the ones already out.

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    You mean instead of the workers smuggling them out?

  • MsMorrisineMsMorrisine Posts: 31,841 ✭✭✭✭✭

    if they ever do, they will have lost their pride and surrendered it to money.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jmlanzafjmlanzaf Posts: 30,391 ✭✭✭✭✭

    @MasonG said:
    You mean instead of the workers smuggling them out?

    Exactly.

    Or workers making them intentionally and then smuggling them out.

  • jmlanzafjmlanzaf Posts: 30,391 ✭✭✭✭✭

    If the Mint started selling errors, would anyone trust them not to be intentionally manufacturing them as well?

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    @jmlanzaf said:

    @MasonG said:
    You mean instead of the workers smuggling them out?

    Exactly.

    Or workers making them intentionally and then smuggling them out.

    Like these, maybe?

    What do you suppose the odds are, of finding not one, but five (in all different metals) patterns with multiple strikes? IMO, calling them "mint errors" does a disservice to the hobby.

  • jmlanzafjmlanzaf Posts: 30,391 ✭✭✭✭✭
    edited November 22, 2020 2:38PM

    @MasonG said:

    @jmlanzaf said:

    @MasonG said:
    You mean instead of the workers smuggling them out?

    Exactly.

    Or workers making them intentionally and then smuggling them out.

    Like these, maybe?

    What do you suppose the odds are, of finding not one, but five (in all different metals) patterns with multiple strikes? IMO, calling them "mint errors" does a disservice to the hobby.

    I'm naturally a skeptic. When I saw some of those (was it Heritage), that was my first thought.

    We have this argument with @errorsoncoins all the time over intentional vs. accidental.

  • jmlanzafjmlanzaf Posts: 30,391 ✭✭✭✭✭

    @MasonG said:

    @jmlanzaf said:

    @MasonG said:
    You mean instead of the workers smuggling them out?

    Exactly.

    Or workers making them intentionally and then smuggling them out.

    Like these, maybe?

    What do you suppose the odds are, of finding not one, but five (in all different metals) patterns with multiple strikes? IMO, calling them "mint errors" does a disservice to the hobby.

    Why is that one labeled quad strike - 3 off center? I seem to see 3 O/C obverse strikes and 1 O/C reverse strikes. Shouldn't it be a flip-over quad strike or something like that.?

  • ctf_error_coinsctf_error_coins Posts: 15,267 ✭✭✭✭✭

    @jmlanzaf said:

    @MasonG said:

    @jmlanzaf said:

    @MasonG said:
    You mean instead of the workers smuggling them out?

    Exactly.

    Or workers making them intentionally and then smuggling them out.

    Like these, maybe?

    What do you suppose the odds are, of finding not one, but five (in all different metals) patterns with multiple strikes? IMO, calling them "mint errors" does a disservice to the hobby.

    I'm naturally a skeptic. When I saw some of those (was it Heritage), that was my first thought.

    We have this argument with @errorsoncoins all the time over intentional vs. accidental.

    It depends on the particular coin. Of course, there are examples of midnight coins around.

    The vast majority of major mint errors are unintentional and get out through normal circumstances, ie Brinks.

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭
    edited November 22, 2020 2:47PM

    @jmlanzaf said:
    I'm naturally a skeptic. When I saw some of those (was it Heritage), that was my first thought.

    You should be. These coins may have been patterns in 1990, but new ones keep showing up 20/30 years later. In various metals that were not documented in the past.

    How many triple struck US patterns of one design in five different metals do you remember seeing?

  • BustDMsBustDMs Posts: 1,448 ✭✭✭✭✭

    @MsMorrisine said:
    if they ever do, they will have lost their pride and surrendered it to money.

    Like they haven’t already?

    Q: When does a collector become a numismatist?



    A: The year they spend more on their library than their coin collection.



    A numismatist is judged more on the content of their library than the content of their cabinet.
  • jmlanzafjmlanzaf Posts: 30,391 ✭✭✭✭✭

    @MasonG said:

    @jmlanzaf said:
    I'm naturally a skeptic. When I saw some of those (was it Heritage), that was my first thought.

    You should be. These coins may have been patterns in 1990, but new ones keep showing up 20/30 years later. In various metals that were not documented in the past.

    How many triple struck US patterns of one design in five different metals do you remember seeing?

    Does the Mexico City Mint have the dies still or are they being made privately?

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    @jmlanzaf said:
    Does the Mexico City Mint have the dies still or are they being made privately?

    I have heard that they do but I would have no way to confirm if that is so. In fact, I don't know for sure that the errors pictured were intentionally made, I'm just going with the least convoluted explanation for their existence.

  • ZoinsZoins Posts: 33,735 ✭✭✭✭✭
    edited November 22, 2020 4:50PM

    @MasonG said:

    @jmlanzaf said:

    @MasonG said:
    You mean instead of the workers smuggling them out?

    Exactly.

    Or workers making them intentionally and then smuggling them out.

    Like these, maybe?

    What do you suppose the odds are, of finding not one, but five (in all different metals) patterns with multiple strikes? IMO, calling them "mint errors" does a disservice to the hobby.

    Wow, pretty impressive. Seems like the US Mint in the 1800s.

    Seems like a decent sized submission:

    https://www.pcgs.com/cert/35065230 to

    https://www.pcgs.com/cert/35065242

  • ZoinsZoins Posts: 33,735 ✭✭✭✭✭
    edited November 22, 2020 5:00PM

    @ErrorsOnCoins said:

    @jmlanzaf said:

    @MasonG said:

    @jmlanzaf said:

    @MasonG said:
    You mean instead of the workers smuggling them out?

    Exactly.

    Or workers making them intentionally and then smuggling them out.

    Like these, maybe?

    What do you suppose the odds are, of finding not one, but five (in all different metals) patterns with multiple strikes? IMO, calling them "mint errors" does a disservice to the hobby.

    I'm naturally a skeptic. When I saw some of those (was it Heritage), that was my first thought.

    We have this argument with @errorsoncoins all the time over intentional vs. accidental.

    It depends on the particular coin. Of course, there are examples of midnight coins around.

    The vast majority of major mint errors are unintentional and get out through normal circumstances, ie Brinks.

    The vast majority in number are unintentional but many expensive, eye-catching ones are intentional. There still may be more expensive errors that are unintentional, but the intentional ones do stand out as they tend to be outlandish.

    These come to mind. I also think of the ones struck on Shell Gas Station tokens.

    Is this a Cheerios dollar and cent?

    Awesome Double Denomination Error

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    It would not be a good idea for the mint to sell errors... that would lead to the same type of discussion we have about tarnish - natural or artificial.... Cheers, RickO

  • ZoinsZoins Posts: 33,735 ✭✭✭✭✭
    edited November 23, 2020 7:17AM

    @ricko said:
    It would not be a good idea for the mint to sell errors... that would lead to the same type of discussion we have about tarnish - natural or artificial.... Cheers, RickO

    When you started, I thought you were going to say, it would not be a good idea because it would lead to their website crashing and people complaining about not being able to buy the limited edition items ;)

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @Zoins.... Horrors, you don't suppose that could happen do you? :D;) Gah-rown-teed!!!! Cheers, RickO

  • ZoinsZoins Posts: 33,735 ✭✭✭✭✭

    If the Mint sold "errors", they could keep natural errors legit by only selling really outlandish ones that typically wouldn't get created as part of the standard process.

  • ambro51ambro51 Posts: 13,529 ✭✭✭✭✭
    edited November 23, 2020 7:21AM

    Well.....I think you’d all be “in” for let’s say “coin room floor sweeping generic rejects” priced at $200 per ounce. Crazy? Sure! .....but two dozen Imint fresh unsearched massive Lincoln Errors? Hell, that would be a million times more interesting than the “Franklin Mint” issues they do now.

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