@Byers said:
Zions- Mint Error News will start to include a Market Report in each upcoming issue.
That's a great idea Mike! It will be great to hear your perspectives and observation, including information you have access to as well!
I think it will complement Jon's reports well because I noticed a lot of good discussion in the lower end of the price range, typically under $1,000, such as the following:
The problem (or reality check) is that those same error coins, which the dealer might be pricing at $500 because an auction result was $500, can be had from another coin dealer for “normal” pricing any day of the week for $250.
Jon's high end commentary seems to be limited in dollar figure, seeming to use "four figures" and a $5,000 cutoff. This is okay for Jon's blog / commentary, but seems a bit low for the error market in general when error coins can go up to $200,000. The commentary on higher end coins is also harder for me to understand. For example, I found the following excerpt a bit hard to understand. It seems to say that there are strong, par, and weak coins above $5k but is worded in a roundabout way compared to the more straight-forward text for the lower priced coins..
Comment on higher-end coins:
Some (but not all) of the higher dollar coins over $5,000 or thereabouts sold cheap, and were actually weak, while some of them did sell for normal retail or actually strong money.
Comment on lower-end coins:
Coins that sold for $400 in 2019, often brought $1,000 or more. Some coins sold at normal “retail” (what is the new normal—perhaps we have to adjust our view on what “normal” retail prices are?), while few coins slipped through the cracks.
Both comments are from the same article, but while both coins in the $400 to $1,000 and $5,000+ range have weaker coins, it seems like the lower range comment focuses on strength and brushes off the weak coins, while the higher end comment focuses on weakness and brushes off the strong coins. Since it says both high end and low end have some strong and some weak coins, it's hard for me to process this without examples of specific coins, like you've been posting and that I hope to see in your market report.
Yes, the market report in mint error news will be extensive and will concentrate on the middle and high end range of error coins.
The first report which will be in the next issue of Mint Error News Magazine, will focus extensively on the proof error coins that have sold for strong prices. It will be a detailed analysis of record setting prices during 2021, including pictures and prices realized.
It appears that Jon mostly specializes in error coins priced under $1k, with 330 out of 405 errors being in that range. His selection is wide ranged with different types of errors and denominations. It’s a nice selection! Obviously he also handles some expensive error coins as well.
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
Yes, the market report in mint error news will be extensive and will concentrate on the middle and high end range of error coins.
The first report which will be in the next issue of Mint Error News Magazine, will focus extensively on the proof error coins that have sold for strong prices. It will be a detailed analysis of record setting prices during 2021, including pictures and prices realized.
Very exciting Mike. I'm looking forward to the coverage of mid to high end error coins. It's no surprise I love coins in this range and talking about them on the forums given my posts. It will be great to read the MEN reports.
It appears that Jon mostly specializes in error coins priced under $1k, with 330 out of 405 errors being in that range. His selection is wide ranged with different types of errors and denominations. It’s a nice selection! Obviously he also handles some expensive error coins as well.
I didn't realize over 80% of Jon's inventory is below $1,000, but it makes sense because that's where the more detailed and insightful commentary is. I'd like more commentary on specific coins but perhaps it would be good enough to look up and discuss the posted slabs.
Having market reports covering the full market from you and Jon will be a win-win for collectors.
Yes, the market report in mint error news will be extensive and will concentrate on the middle and high end range of error coins.
The first report which will be in the next issue of Mint Error News Magazine, will focus extensively on the proof error coins that have sold for strong prices. It will be a detailed analysis of record setting prices during 2021, including pictures and prices realized.
Very exciting Mike. I'm looking forward to the coverage of mid to high end error coins. It's no surprise I love coins in this range and talking about them on the forums given my posts. It will be great to read the MEN reports.
It appears that Jon mostly specializes in error coins priced under $1k, with 330 out of 405 errors being in that range. His selection is wide ranged with different types of errors and denominations. It’s a nice selection! Obviously he also handles some expensive error coins as well.
I didn't realize over 80% of Jon's inventory is below $1,000, but it makes sense because that's where the more detailed and insightful commentary is. I'd like more commentary on specific coins but perhaps it would be good enough to look up and discuss the posted slabs.
Having market reports covering the full market from you and Jon will be a win-win for collectors.
@LindyS said:
Jon has an archives link to his sold offers.
The images, text and most prices items were listed at are included.
I visit his error archives often.
The prices in the archives are what the coin was listed for, and most of the time, that was approximately or exactly what the coin sold for.
Coins that were not sold anywhere close to their asking price, or which for various reasons the price doesn't need to be shown, have the prices deleted.
Probably over 75% of the coins that we have sold in the $5,000+ range never make it to the archives because they were sold to clients before making it to the website. In the future, we will be trying to keep more of the higher priced coins in the archives since they make for excellent reference material.
@LindyS said:
Jon has an archives link to his sold offers.
The images, text and most prices items were listed at are included.
I visit his error archives often.
The prices in the archives are what the coin was listed for, and most of the time, that was approximately or exactly what the coin sold for.
Coins that were not sold anywhere close to their asking price, or which for various reasons the price doesn't need to be shown, have the prices deleted.
Probably over 75% of the coins that we have sold in the $5,000+ range never make it to the archives because they were sold to clients before making it to the website. In the future, we will be trying to keep more of the higher priced coins in the archives since they make for excellent reference material.
Good idea Jon! I'm a big fan of archives. In addition to pricing history, they are a good way to track provenance which we need to do more of for errors.
Zions- you are correct! Archives are very important. My archive is the most complete and comprehensive archive including mint errors, patterns, and die trials from $2k to over $500k, that any single dealer has. By single dealer I am referring to myself, Fred, Jon etc. Prices aren’t the only purpose for an archive. Pedigree, quantities known, and other vital information is important as well.
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
@Byers said:
Zions- you are correct! Archives are very important. My archive is the most complete and comprehensive archive including mint errors, patterns, and die trials from $2k to over $500k, that any single dealer has. By single dealer I am referring to myself, Fred, Jon etc. Prices aren’t the only purpose for an archive. Pedigree, quantities known, and other vital information is important as well.
Mike, your archives are awesome. You've carried some insane coins and your archives are 100% necessary to attach your provenance right now. Hopefully your provenance will be added to more slabs and auction descriptions in the future!
Zions- I am in the process of sending more mint errors from my personal collection to NGC, so that ‘BYERS COLLECTION’ is also added to the inserts. Included is a 1943 Copper Cent and (2) 1944 Steel Cents!
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
@Byers said:
Zions- I am in the process of sending more mint errors from my personal collection to NGC, so that ‘BYERS COLLECTION’ is also added to the inserts. Included is a 1943 Copper Cent and (2) 1944 Steel Cents!
That's a great idea! Slab inserts are a great way to track provenance, especially when the photos end up in Heritage and SB.
Zions- even though a quantity of U.S. proof mint errors have recently surfaced, and most of the more dramatic and high grade errors have sold for strong prices, the proof Bronze Ike Dollar is still unique!
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
Zions- tracking provenance is important on the unique and expensive U.S. mint errors, proof and mint state!
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
“Zions- I am in the process of sending more mint errors from my personal collection to NGC, so that ‘BYERS COLLECTION’ is also added to the inserts. Included is a 1943 Copper Cent and (2) 1944 Steel Cents!”
How does a simple thread regarding a monthly market report from one error dealer turn into an unpaid (to PCGS) advertisement of a different dealer on upcoming coins for sales, etc. - no less coins being graded by a competitive grading service? Is this appropriate here now? My suggestion is to move this talk where it belongs over to the buy, sell, trade boards where Zoins can continue to marvel at the myriad “unique” error coins that exist in the coin universe.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
@wondercoin from my perspective, a market report is useful and interesting when there’s discussion of specific coins. Regardless who is posting coins, talking about recent sales in a market report is a plus!
Zions and Chris- obviously healthy discussion is good about the market on coins whether PCGS or NGC.
PCGS allows threads on CAC coins, PCGS coins, NGC coins and overall market conditions😉
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
This PCGS mint error was in this thread on page 1:
The market report was about error coins and prices realized.
Most expensive proof mint errors that are selling for record prices just happen to be in NGC holders right now.
It’s not a conspiracy to talk about NGC.
PCGS error coins are worth the same.
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
@wondercoin said:
no less coins being graded by a competitive grading service?
@Byers said:
Zions and Chris- obviously healthy discussion is good about the market on coins whether PCGS or NGC.
PCGS allows threads on CAC coins, PCGS coins, NGC coins and overall market conditions😉
Agree about ATS. A market report is about recent sales and both PCGS and ATS are mentioned. If recent sales happen to be in ATS slabs they should still be discussed. Of course, more error coin talk that happens in CU forums could lead to more error coins in PCGS slabs and TrueViews!
The OP's market report link is to a website that sells a lot of NGC coins which presumably helps form the basis of the report. Some of the OP's market reports include NGC coins like the following. Does @wondercoin think the OP's report should not use NGC coins, either in forming the basis of market rates or direct coin images, or should the OP's website not sell NGC coins?
Zions- do you realize that you just posted TWO NGC errors in your last 2 posts🤔🤔
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
@Byers said:
Zions- do you realize that you just posted TWO NGC errors in your last 2 posts🤔🤔
Interesting, the first one was shown in one of the OP's Market Reports and the second one was sold by the OP and posted by a customer. Hopefully, they are ok to post and discuss here.
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
NGC 1c 2007-D Lincoln cent double-struck on an aluminum feeder finger tip. The tip protrudes from the coin at 11 o'clock, and is very dramatic and all presented.
Of the 10 examples of cents on feeder fingers which we are aware of, this is in our opinion the nicest. It has the largest feeder finger tip, and is in superb condition with glimmering fields and no problems. Most examples are struck on rough irregular pieces of aluminum with no tip at all, whereas this coin has a dramatic and obvious tip.
They don't come any nicer on cents for this rare error type.
NGC MS67 with proof like surfaces, and no problems. Note: there is a small piece of copper struck into the coin's obverse.
NGC 1c 2007-D Lincoln cent double-struck on an aluminum feeder finger tip. The tip protrudes from the coin at 11 o'clock, and is very dramatic and all presented.
Of the 10 examples of cents on feeder fingers which we are aware of, this is in our opinion the nicest. It has the largest feeder finger tip, and is in superb condition with glimmering fields and no problems. Most examples are struck on rough irregular pieces of aluminum with no tip at all, whereas this coin has a dramatic and obvious tip.
They don't come any nicer on cents for this rare error type.
NGC MS67 with proof like surfaces, and no problems. Note: there is a small piece of copper struck into the coin's obverse.
Over last few years I passed on 2 other 1c aluminum fragments at Sullivan's site.
Jon's inventory constantly evolves.
Obvious feeder finger tip is tough to locate on Cents. Even sourcing a clean dated 1c is difficult. Aluminum damages so easily. The more its struck the more brittle it becomes.
One can source 25c tips as there are more than 1 floating around.
You are right, it is shaped like Patriot Logo. Crazy.
@LindyS said:
Over last few years I passed on 2 other 1c aluminum fragments at Sullivan's site.
Jon's inventory constantly evolves.
Obvious feeder finger tip is tough to locate on Cents. Even sourcing a clean dated 1c is difficult. Aluminum damages so easily. The more its struck the more brittle it becomes.
One can source 25c tips as there are more than 1 floating around.
You are right, it is shaped like Patriot Logo. Crazy.
That is the nicest cent example I know of in terms of its presentation, grade, and how much of the aluminum tip is visible. Being on a later date cent helps as well, since after 2001, major cent errors generally become very scarce.. Being on aluminum, they also often come with some graying of the surfaces from oxidation, which yours is free from.
LindyS- your Cent looks really nice!
Jon- correct, most have the grey color.
The original group of 15 which I discovered over 20 years ago were mostly grey. A few are pictured below.
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
The second group that I bought a year later had every denomination in it. Based on what I know from what was in my 2 groups plus what other dealers and Heritage have had, here are my population figures. Since both PCGS and NGC do not publish pop reports on mint errors, no population estimate is completely accurate, including mine.
The rarest in any denomination are dated prior to 1999. Many are double struck or triple struck. ANACS certified my first group as ‘struck on aluminum scrap’. Then it was determined that these were struck on the feeder finger tips. Obviously ANACS, PCGS and NGC now certify them as struck on feeder fingers.
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
Prior to my group of these in 1999, there were only a few known and considered aluminum scrap. 1993 and 1998 Quarters and a 1970 Dime come to mind. Even my first group of 15 were considered aluminum scrap by everyone ( at the time).
New discoveries are exciting!
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
@Byers said:
The second group that I bought a year later had every denomination in it. Based on what I know from what was in my 2 groups plus what other dealers and Heritage have had, here are my population figures. Since both PCGS and NGC do not publish pop reports on mint errors, no population estimate is completely accurate, including mine.
The rarest in any denomination are dated prior to 1999. Many are double struck or triple struck. ANACS certified my first group as ‘struck on aluminum scrap’. Then it was determined that these were struck on the feeder finger tips. Obviously ANACS, PCGS and NGC now certify them as struck on feeder fingers.
Mike, one thing I'm trying to do is trace the provenance of coins. The photos you have of the feeder finger strikes are great. Do you have more photos? I wonder how many can be traced back to and be assigned your provenance! Seems like it would be an interesting project to do. Of course, later provenances should be added as well which is why archives are so important!
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
"NGC 1998-P Washington quarter multi-struck on an aluminum feeder finger tip. The coin is aluminum, and has grayish toning from the aluminum oxidizing, which is how almost all struck feeder finger coins look.
This is one of the earliest known quarters on an aluminum feeder finger tips, with the only other "eagle reverse" quarter on feeder finger material being a relatively minor, fragment of aluminum. This is unique as being on a full tip, and is a desirable coin.
NGC MS-65 with lustrous surfaces and the typical gray toning across parts of the coin, which is from the oxidizing of the aluminum (how almost all struck feeder finger coins look.) Nice coin!
@Byers said:
The second group that I bought a year later had every denomination in it. Based on what I know from what was in my 2 groups plus what other dealers and Heritage have had, here are my population figures. Since both PCGS and NGC do not publish pop reports on mint errors, no population estimate is completely accurate, including mine.
The rarest in any denomination are dated prior to 1999. Many are double struck or triple struck. ANACS certified my first group as ‘struck on aluminum scrap’. Then it was determined that these were struck on the feeder finger tips. Obviously ANACS, PCGS and NGC now certify them as struck on feeder fingers.
Mike, one thing I'm trying to do is trace the provenance of coins. The photos you have of the feeder finger strikes are great. Do you have more photos? I wonder how many can be traced back to and be assigned your provenance! Seems like it would be an interesting project to do. Of course, later provenances should be added as well which is why archives are so important!
@Byers said:
The second group that I bought a year later had every denomination in it. Based on what I know from what was in my 2 groups plus what other dealers and Heritage have had, here are my population figures. Since both PCGS and NGC do not publish pop reports on mint errors, no population estimate is completely accurate, including mine.
The rarest in any denomination are dated prior to 1999. Many are double struck or triple struck. ANACS certified my first group as ‘struck on aluminum scrap’. Then it was determined that these were struck on the feeder finger tips. Obviously ANACS, PCGS and NGC now certify them as struck on feeder fingers.
Mike, one thing I'm trying to do is trace the provenance of coins. The photos you have of the feeder finger strikes are great. Do you have more photos? I wonder how many can be traced back to and be assigned your provenance! Seems like it would be an interesting project to do. Of course, later provenances should be added as well which is why archives are so important!
Wow! That's awesome! So that piece was owned by 3 forum members! We really need to start tracking provenance of these errors like coins
Most of these can be traced back to the 2 original groups that I purchased twenty years ago!
I will dig out more images!
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
LindyS- actually there are (2) 1970 Dimes ‘struck on aluminum scrap’ and certified this way at the time.
The first is a scrap aluminum planchet appx 50% that the Dime was struck on.
The second, in my opinion was aluminum scrap with the typical grey oxidation, and certainly looks like the modern and recent coins struck on feeder finger tips…
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
Comments
That's a great idea Mike! It will be great to hear your perspectives and observation, including information you have access to as well!
I think it will complement Jon's reports well because I noticed a lot of good discussion in the lower end of the price range, typically under $1,000, such as the following:
Jon's high end commentary seems to be limited in dollar figure, seeming to use "four figures" and a $5,000 cutoff. This is okay for Jon's blog / commentary, but seems a bit low for the error market in general when error coins can go up to $200,000. The commentary on higher end coins is also harder for me to understand. For example, I found the following excerpt a bit hard to understand. It seems to say that there are strong, par, and weak coins above $5k but is worded in a roundabout way compared to the more straight-forward text for the lower priced coins..
Comment on higher-end coins:
Comment on lower-end coins:
Both comments are from the same article, but while both coins in the $400 to $1,000 and $5,000+ range have weaker coins, it seems like the lower range comment focuses on strength and brushes off the weak coins, while the higher end comment focuses on weakness and brushes off the strong coins. Since it says both high end and low end have some strong and some weak coins, it's hard for me to process this without examples of specific coins, like you've been posting and that I hope to see in your market report.
Zions-
Yes, the market report in mint error news will be extensive and will concentrate on the middle and high end range of error coins.
The first report which will be in the next issue of Mint Error News Magazine, will focus extensively on the proof error coins that have sold for strong prices. It will be a detailed analysis of record setting prices during 2021, including pictures and prices realized.
It appears that Jon mostly specializes in error coins priced under $1k, with 330 out of 405 errors being in that range. His selection is wide ranged with different types of errors and denominations. It’s a nice selection! Obviously he also handles some expensive error coins as well.
Very exciting Mike. I'm looking forward to the coverage of mid to high end error coins. It's no surprise I love coins in this range and talking about them on the forums given my posts. It will be great to read the MEN reports.
I didn't realize over 80% of Jon's inventory is below $1,000, but it makes sense because that's where the more detailed and insightful commentary is. I'd like more commentary on specific coins but perhaps it would be good enough to look up and discuss the posted slabs.
Having market reports covering the full market from you and Jon will be a win-win for collectors.
Jon has an archives link to his sold offers.
The images, text and most prices items were listed at are included.
I visit his error archives often.
https://www.sullivannumismatics.com/archives
I'm glad you're enjoying the archives Lindy.
The prices in the archives are what the coin was listed for, and most of the time, that was approximately or exactly what the coin sold for.
Coins that were not sold anywhere close to their asking price, or which for various reasons the price doesn't need to be shown, have the prices deleted.
Probably over 75% of the coins that we have sold in the $5,000+ range never make it to the archives because they were sold to clients before making it to the website. In the future, we will be trying to keep more of the higher priced coins in the archives since they make for excellent reference material.
Good idea Jon! I'm a big fan of archives. In addition to pricing history, they are a good way to track provenance which we need to do more of for errors.
Zions- you are correct! Archives are very important. My archive is the most complete and comprehensive archive including mint errors, patterns, and die trials from $2k to over $500k, that any single dealer has. By single dealer I am referring to myself, Fred, Jon etc. Prices aren’t the only purpose for an archive. Pedigree, quantities known, and other vital information is important as well.
https://mikebyers.com/rarecoins-archives.html
Mike, your archives are awesome. You've carried some insane coins and your archives are 100% necessary to attach your provenance right now. Hopefully your provenance will be added to more slabs and auction descriptions in the future!
Here are two I love:
$100,000 Ike Clover - Ex. Mike Byers - Sold 2021
$280,000 Gilt Half Union Pattern - Ex. Bob Simpson, Mike Byers
Zions- I am in the process of sending more mint errors from my personal collection to NGC, so that ‘BYERS COLLECTION’ is also added to the inserts. Included is a 1943 Copper Cent and (2) 1944 Steel Cents!
That's a great idea! Slab inserts are a great way to track provenance, especially when the photos end up in Heritage and SB.
It would be nice to add for the Bronze Ike!
https://forums.collectors.com/discussion/1061697/incredible-bronze-proof-eisenhower-dollar#latest
It would be great for Jon and Chris to add their provenance to their slabs too!
Zions- even though a quantity of U.S. proof mint errors have recently surfaced, and most of the more dramatic and high grade errors have sold for strong prices, the proof Bronze Ike Dollar is still unique!
Zions- tracking provenance is important on the unique and expensive U.S. mint errors, proof and mint state!
“Zions- I am in the process of sending more mint errors from my personal collection to NGC, so that ‘BYERS COLLECTION’ is also added to the inserts. Included is a 1943 Copper Cent and (2) 1944 Steel Cents!”
How does a simple thread regarding a monthly market report from one error dealer turn into an unpaid (to PCGS) advertisement of a different dealer on upcoming coins for sales, etc. - no less coins being graded by a competitive grading service? Is this appropriate here now? My suggestion is to move this talk where it belongs over to the buy, sell, trade boards where Zoins can continue to marvel at the myriad “unique” error coins that exist in the coin universe.
Wondercoin
@wondercoin from my perspective, a market report is useful and interesting when there’s discussion of specific coins. Regardless who is posting coins, talking about recent sales in a market report is a plus!
What are your recent market observations?
Zions, I agree, all discussions are good for the hobby.
Zions and Chris- obviously healthy discussion is good about the market on coins whether PCGS or NGC.
PCGS allows threads on CAC coins, PCGS coins, NGC coins and overall market conditions😉
This PCGS mint error was in this thread on page 1:
The market report was about error coins and prices realized.
Most expensive proof mint errors that are selling for record prices just happen to be in NGC holders right now.
It’s not a conspiracy to talk about NGC.
PCGS error coins are worth the same.
Agree about ATS. A market report is about recent sales and both PCGS and ATS are mentioned. If recent sales happen to be in ATS slabs they should still be discussed. Of course, more error coin talk that happens in CU forums could lead to more error coins in PCGS slabs and TrueViews!
The OP's market report link is to a website that sells a lot of NGC coins which presumably helps form the basis of the report. Some of the OP's market reports include NGC coins like the following. Does @wondercoin think the OP's report should not use NGC coins, either in forming the basis of market rates or direct coin images, or should the OP's website not sell NGC coins?
That's a very cool piece Lindy! I don't know much about feeder finger strikes, but I like how it has most of the design on both sides.
@LindyS @SullivanNumismatics Do you know if the market for these is up or down? Are these more, less or the same now?
Zions- do you realize that you just posted TWO NGC errors in your last 2 posts🤔🤔
That looks like a very healthy price to me. Any thoughts on the price from others?
An interesting thing is that I still can't find it in the GC Archives! Can anyone provide a direct link to the lot?
Interesting, the first one was shown in one of the OP's Market Reports and the second one was sold by the OP and posted by a customer. Hopefully, they are ok to post and discuss here.
Zions- here it is!
https://www.greatcollections.com/Coin/1053931/Mint-Error-1972-S-1-Struck-on-50c-Clad-Planchet-PCGS-Proof-67-DCAM
Thanks Mike. I love PCGS TrueViews and PCGS slabs so it's great to see the photos together
This sold recently this month, so it's perfect for a market report.
OP’s market report is 100% appropriate, regardless of which grading services might be mentioned in it.
Wondercoin
Zoins, I do not know if market is up or down or sideways on feeder fingers.
Mine is nicest known according to Jon Sullivan
https://www.sullivannumismatics.com/coin/ngc-1c-2007-d-lincoln-cent-aluminum-feeder-finger-tip-ms67-pl
Here's Jon's archived ad text:
NGC 1c 2007-D Lincoln cent double-struck on an aluminum feeder finger tip. The tip protrudes from the coin at 11 o'clock, and is very dramatic and all presented.
Of the 10 examples of cents on feeder fingers which we are aware of, this is in our opinion the nicest. It has the largest feeder finger tip, and is in superb condition with glimmering fields and no problems. Most examples are struck on rough irregular pieces of aluminum with no tip at all, whereas this coin has a dramatic and obvious tip.
They don't come any nicer on cents for this rare error type.
NGC MS67 with proof like surfaces, and no problems. Note: there is a small piece of copper struck into the coin's obverse.
Quantity
0
$5,500.00
Great info! Congrats for getting the best one! It would be great to see the others for comparison.
It's nice that Jon indicated it was double struck, though it wasn't mentioned on the slab.
It reminds me of the Patriots logo!
Over last few years I passed on 2 other 1c aluminum fragments at Sullivan's site.
Jon's inventory constantly evolves.
Obvious feeder finger tip is tough to locate on Cents. Even sourcing a clean dated 1c is difficult. Aluminum damages so easily. The more its struck the more brittle it becomes.
One can source 25c tips as there are more than 1 floating around.
You are right, it is shaped like Patriot Logo. Crazy.
That is the nicest cent example I know of in terms of its presentation, grade, and how much of the aluminum tip is visible. Being on a later date cent helps as well, since after 2001, major cent errors generally become very scarce.. Being on aluminum, they also often come with some graying of the surfaces from oxidation, which yours is free from.
LindyS- your Cent looks really nice!
Jon- correct, most have the grey color.
The original group of 15 which I discovered over 20 years ago were mostly grey. A few are pictured below.
The second group that I bought a year later had every denomination in it. Based on what I know from what was in my 2 groups plus what other dealers and Heritage have had, here are my population figures. Since both PCGS and NGC do not publish pop reports on mint errors, no population estimate is completely accurate, including mine.
U.S. coins struck on Feeder Fingers:
Cents 10
Nickels 7
Dimes 10
Quarters ( prior to 1999) 4
State Quarters 15
Halves 3
SBA Dollars 4
Sacagawea Dollars 7
Presidential Dollars 10
The rarest in any denomination are dated prior to 1999. Many are double struck or triple struck. ANACS certified my first group as ‘struck on aluminum scrap’. Then it was determined that these were struck on the feeder finger tips. Obviously ANACS, PCGS and NGC now certify them as struck on feeder fingers.
It's really neat to see these go from "struck on aluminum scrap" to expensive collectibles as more is learned about them.
We really need TrueViews and a census for all of these! It would be nice if there were CoinFacts pages for different error types!
Zions- Yes it is!
Prior to my group of these in 1999, there were only a few known and considered aluminum scrap. 1993 and 1998 Quarters and a 1970 Dime come to mind. Even my first group of 15 were considered aluminum scrap by everyone ( at the time).
New discoveries are exciting!
Mike, one thing I'm trying to do is trace the provenance of coins. The photos you have of the feeder finger strikes are great. Do you have more photos? I wonder how many can be traced back to and be assigned your provenance! Seems like it would be an interesting project to do. Of course, later provenances should be added as well which is why archives are so important!
Zions- I will try to dig out more pictures!
Wow! That's awesome! So that piece was owned by 3 forum members! We really need to start tracking provenance of these errors like coins
Provenance: Mike Byers, Jon Sullivan and Lindy!
Zions- Yes!
Tracking these will be interesting!
Most of these can be traced back to the 2 original groups that I purchased twenty years ago!
I will dig out more images!
LindyS- actually there are (2) 1970 Dimes ‘struck on aluminum scrap’ and certified this way at the time.
The first is a scrap aluminum planchet appx 50% that the Dime was struck on.
The second, in my opinion was aluminum scrap with the typical grey oxidation, and certainly looks like the modern and recent coins struck on feeder finger tips…