I really Really REALLY like Ike: 3 piece Eisenhower Dollar sells for over $100,000!
Zoins
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Anyone follow this one? I think the reserve was something like $30K or $50K.
Won by a phone bidder as well!
Any way to identify the date by die markers?
See below for PCGS slabbed specimen.
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Comments
Probably 1971. Lots of shenanigans took place at the US Mint in that year and a few others. No way (that I can see) that this was made without some special help.
These have been popping up suddenly. I know of two other similar sets.
Link to the auction please. I’d really like to read the lot description on that one.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
I've seen a few too. How long have these been known to the hobby?
PCGS may not grade it. It might be fake
While cool to look at, there's no way this happened without help. IMO that makes the value far less than something that happened without help.
TurtleCat Gold Dollars
since that safety deposit box was cracked open
Given that it's worth $105,000, what errors are worth more, with or without help?
Do we know anything about the safety deposit box?
Can we give it a "hoard" name?
You might be surprised.
This one is from @FredWeinberg here:
https://www.fredweinberg.com/product/1971-4-ike-dollar-on-clad-dime-pcgs-proof-67-cameo/
The flat side looks like it may have been pressed up against another planchet.
I’ve never seen or even heard of a “fake” of that type.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Ask Fred.
Not that this means anything. I of course was not privy to everything, but I've collected error coins since the 1970s. I had a particular interest in mated chain strikes. I never saw or heard anything about these until a coupe of months ago when they started popping up.
JT 88- these are genuine and PCGS certifies the Ike off metals as well.
Fred’s proof PCGS Ike on Dime is part of a mated chain strike pair.
Sure, it’s worth that because someone paid it. That doesn’t mean I value it the same. That’s the M in IMO.
TurtleCat Gold Dollars
I think that mythical safe deposit box was bottomless...
In honor of the memory of Cpl. Michael E. Thompson
TomB - it’s NOT mythical:
A very small group of Proof errors recently came from a collection that was auctioned by the State of California. The U.S. Secret Service inspected and released this collection to the State of California determining that it was legal to own. The State of California then auctioned the collection and it has been dispersed since the sale.
Zions- HA had a 50k reserve. There was another phone bidder who dropped out at 100k.
Interesting piece....I wonder if there are MORE of these?
STRONG price.
Not in my sphere of interest.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Great info. Did the Secret Service provide a letter regarding their decision?
Can we call this the State of California Hoard? Or at least a mini-hoard?
That sounds overly broad and doesn’t let readers know what you’re talking about.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Walkerfan- here is the other set:
Zions- the unique proof Ike clover leaf and the unique proof Ike mated in copper were not part of the safety deposit box deal. Both of these sets came from a recent collection that was put away 45 years ago.
Although I do not collect errors, I really enjoy seeing them. Some, such as these, leave a large question mark in my thoughts at to how they originated. A bit of hanky panky is not a far fetched possibility. Cheers, RickO
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Forced Errors
If it’s forced (as in intentional), is it an error?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I was going to say 1973. Probably made right after this one:
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Same argument as "market acceptable toning". My opinion is no.
It’s certainly an error in mint process to create these and to have left the mint!
@MFeld.... That has long been the question Mark.... Though it seems they command higher prices than errors that are clearly process oriented. I would call them 'rogue coins'... No doubt they likely came from the mint, but not through a standard minting process. Cheers, RickO
I am only glad that I have no interest in this nonsense. I don't even have to think about saving up to buy it.
I looked up the definition of “error”, and it doesn’t appear that intent negates the applicability of the term.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Years ago I saw one of the Folderol Proofs (tm) that was just one Lincoln cent planchet struck like this in a dollar press, with two straight edges 120 degrees apart that prove there were three planchets in the press at the time.
Mint Error News did a Special Edition on the 3 different Mated Proof Ike Dollar sets with the Heritage Cover being the Clover Leaf that sold for $105k.
Do you think this should be one of the 100 Greatest U.S. Error Coins?
Zions- of course!
If price is any indication, mint errors that sell for six figures belong on any short list.
This one is also super cool.
I found the link to the article : https://mikebyers.com/5911286-001-003.html
Great article and answers one of my questions on this:
How many errors have sold for 6 figures? I've looked at the prices of some great errors and can't imagine there are very many.
The dime and cent planchet piece is awesome is as well
This one has a great Mike Byers provenance!
Zions- Mint Error News published an article a few years ago on the highest prices paid for mint error coins.
Having said that, I will have to dig out the link.
Furthermore, since many mint errors have set record prices recently, the next issue of Mint Error News Magazine will have an updated version of that article!
When the word is used in a numismatic reference, it would imply that the mint made a mistake or accident happened. Three small coins being struck between Ike dies was not accidental. Who here believes that is possible?
From the lot description:
"A showstopper mint error on a popular obsolete type."
If it's done intentionally, is it really an error?
As much as people take exception with intentional oddities being called errors, that's is what the hobby uses:
I wonder if I'll ever see a TPG relabel a "New Haven Restrike" as a "Horatio Rust Fantasy" in my lifetime.
I'm part of the hobby. I don't agree that these intentionally created items are errors. Calling them that is how they get legitimatized. Which is fine, I suppose, if that's what people want and there's money to be made.
Not for me, though.
Zions- you have a very valid point. Many intentionally custom ordered off metal and fantasy mule combinations of Pattern U.S. coins were struck for specific customers, yet listed as patterns in the Judd book with Judd numbers.
It's certainly an interesting situation. I've raised this with @MrEureka who indicated that one reason that this is done is that for some patterns it's hard to tell what is legitimate vs. custom ordered, so they are all considered the same.
Good point. So- how do three dime planchets legitimately find their way into a dollar press?
Rhetorical question.
It's an interesting question, but it seems that it's not really relevant to classification as an error. Even if everyone recognizes it may have been done intentionally, it's still qualified to be called an error.
If you say so.