The US Philippines Error Thread - With The Queen of USPI Errors!
Zoins
Posts: 34,113 ✭✭✭✭✭
I'm fascinated by USPI errors as well as Republic coins using USPI designs. Please post any USPI or related design errors here.
I just had to post after running across this AMAZING DIE CAP.
I had to call this coin "The Queen of USPI Errors" as Lady Liberty is a Queen, not a King! Quite fitting given that the most monarch of the most powerful country with royalty has been Queen Elizabeth II.
Is this the Number One, top USPI error? I've been looking at these for a while and can't think of anything that comes close.
(1903-1904) US Philippines Administration Peso Die Cap Error
Designer: Melico Figueroa
Pedigree: Jonathan K. Kern
Grade: NGC AU58
Cert: https://www.ngccoin.com/certlookup/3748121-001/58/
Sale $41,125.00 on Aug 8, 2014: https://coins.ha.com/itm/a/3033-23359.s
Jonathan K. Kern is a coin dealer from Lexington, Kentucky:
Jonathan K. Kern
859-269-1614 for appointment
441 South Ashland Ave
Lexington, KY 40502
Heritage said:
USA Administration Reverse Die Cap Peso (1903-04) Mint Error AU58 NGC, Type of KM168. Obv. Female with hammer and anvil. Rev. Incuse impression of obverse. Excellent obverse definition, with minor hairlines, but little actual wear. The reverse has a ghostly image of the obverse, and both sides display varying shades of gray patina. This is the first dollar-sized capped die error (from any country) we have ever seen, either consigned to our auction or for sale in any other auction, or for private sale. This type error occurs when the struck coin sticks to the face of the upper die after the strike. Once the coin is stuck to the upper die, it becomes the new die. Every time the upper die falls, the coin is pressed further, and further, into a cap (or cup) shape. Capped die errors are often spectacular, depending on how many strikes have been involved. For this particular coin, there must have been numerous strikes, as the edges are raised at least 3/8 of an inch. Some may call this an Obverse die cap and not a reverse die cap as NGC has noted. By any name, it is an astounding, one-of-a-kind error.From The Lexington Collection of Jonathan K. Kern
Imagine having this and the Virgil Brand 1886 Morgan Dollar Die Cap? This just sold for $160,312.50. Imagine what this USPI coin is worth now?
Comments
Yowzers!
Very nice.
Hoard the keys.
That is amazing....Great addition to your collection. Cheers, RickO
That’s a spectacular deep die cap!
It is amazing, but it isn't mine unfortunately! I just ran across it on Heritage and can only find one instance of any sale, back in 2014. When it comes up again, it's certainly a category leading coin to go for!
Here's another amazing US PI error from Ray Czahor, who had an amazing collection of USPI error coins and a USAF 2nd Lieutenant stationed in the Philippines!
1903 US Philippines Peso Struck 10% Off center
Pedigree: Ray Czahor
Grade: NGC AU55
Cert: https://www.ngccoin.com/certlookup/4922946-003/55/
Sale: https://auctions.stacksbowers.com/lots/view/3-J64K7/
Here's some info on Ray from the "Meet the Consigner" article:
https://www.stacksbowers.com/News/Pages/Blogs.aspx?ArticleID=ray-czahor-collection
Bought the 1945S Off Center in 2004 for exact same money a shiny new 2004D 50% Off Center Lincoln Cent would have run me. Always wanted USA Philippines striking error so this one got added to the archive
Daniel Carr coinage art deploying a real vintage obverse die that was double dated double struck in Silver
Very nice @LindyS! USPI has been traditionally at a discount to US coins so it's a good bang for the buck area!
Are you sure the Wilson Dollar restrike is silver? It looks copper from the photos. Different photos than the medal?
Put all my USPI errors in with Ray's stacks Bowers Auction. Some were on really good dates. Various kinds of.
Result/ I took a bath. Biggest loss I ever took on a consignment.!I always liked them but does not seem others
Feel the same way. AFTER THAT I got offered a box of at least 20 off centers of varying dates and degrees.
I passed couldn't get excited about them sad!
But collect what you like.
Years ago before I bought an error I was offered that off center peso at the same show that ( early 90's?) Ray Czahor bought it.
As I recall it was $1K??
Sorry to hear that @krueger! Is your provenance attached to your pieces in the sale?
Collections with many rare items with a thin market should not be sold together in the same auction. The issue is that the few buyers in the thin market will not be able to absorb the collections so lots may go for low prices.
It sold for $2,640 in Ray's sale, right in the middle of the $2,000-$3,000 estimate.
I think USPI errors may still need some marketing to hit the mainstream. Hopefully it can ride the USPI wave of popularity @wondercoin and Justin are creating
True story-
Once upon a time, in a old Superior auction, a lovely USPI error came up for sale. Justhavingfun asked me to win the coin for him. I think it had a $50-$75 estimate in the catalog. I asked him what my max bid should be. He suggested $25,000.00 (never told me if that was before or after the BP and I never asked). Lol.
I stayed up all night to win the coin live for $69 all in. No chance I was leaving that bid with the book!!
An example of an auction price having no bearing on the true value of a coin at that very moment of the auction? But, rather the true value of what the underbidder is willing to pay plus 1 extra bid? A perfect example of what can happen when the ultimate buyer meets up with a “thin market” coin outside the auction process? Or, no moral of this story (other than maybe JHF seeing that his secret bids could be executed without “leaks”)?
Wondercoin
Great story! It shows the mind of a true collector! I really enjoyed hearing about this side of JHF!
Do you remember what the error was?
How could I ever forget!! Lol.
Wondercoin
Haha. Bet you had some great memories with him over that coin!
Please post it some time!
Not an error but a variety
11.5$ Southern Dollars, The little “Big Easy” set
Not an error but a trial strike. Philadelphia Mint. Struck on an oversized, copper, reeded edge planchet.
That's a really great looking piece! Congrats!
Do you know what the reverse says? It looks like "1 CEN'O" as an abbreviation for 1 Centavo.
Does it have a Judd or Pollock number?
I didn't see it on Cert Verification:
https://www.pcgs.com/cert/34616808
Fascinating!
Doublefaced 25centavo Philippine coin
This coin was included in a box full of old coins and stamps I acquired from the family of a deceased numismatist who emigrated to the US. I discovered it a few years after when I finally had the time to go through the whole box. I believe this is the only error of its kind, a "doble cara" coin with the same obverse and reverse. Attached are images of the two sides. I have a video of this coin.
Can we see the edges?
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
Here’s a certified “doble cara” or more properly “doble cola.” It’s a 5c, probably 1964.
Here is an intriguing error coming up for sale in the next few days:
https://auctions.stacksbowers.com/lots/view/3-16O94D/philippines-mint-error-struck-on-walking-liberty-half-dollar-50-centavos-1945-s-san-francisco-mint-pcgs-ms-65
Interesting, though it seems quite a lot of money for such an imperceptible (to my eyes) error.
No doubt it will sell though.
This error was presented to a couple of auction houses and ended up at SB.
Super rare error and great tag but the understrike is only slightly visible…
Intrigued and encouraged by your post of your doble cola 5 centavo coin. Do you have any idea of its value. I would also like to get PCGS certification of my 25 centavo 1962 doble cara coin, but don't know how to go about it and its cost. Would greatly appreciate your advice.
Sorry but it looks like two coins that were shaven down and joined together, also called a magician’s coin. Not an error.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
@nestorbonoan judging by the seam on the edge, your coin is a made-up fantasy as was mentioned above.
Before (potentially) sending it to PCGS, you should save some money and have a few local experts (dealers? advanced collectors?) inspect it in person and render their opinions. Maybe bring it to a coin show to get those opinions.
If you are in the Philippines, it would cost quite a bit and be quite a hassle attempting to get it certified. No sense if it's an easy to spot fake (which it appears to be from the photos). It would be wasted money on your part.
I hope this helps.
Thank you for your advice. Would like to show this coin to knowledgeable collectors for validation. Do you or anyone in this group know and let me know when and where the next meeting/auction of the Numismatic & Antiquarian Society and Bayanihan or any reputable collectors group. Thanks.
Almost sounds like it was peddled around to see if any company could generate interest. I think it was a mistake to start at a $9,000 reserve.
Your pictures show a seam on the edge. Based on that, the validation is complete: The coin is not real and has no value.
The only way that answer would change is if the coin does NOT have a seam on the edge. I don't see how that would be possible. Your pictures are pretty clear that the seam is there.
I was wrong. It didn’t sell but was withdrawn.
Anyone know why?
I’m curious about this as well. Is that even an option for an auction house to withdraw a lot just hours prior to the live auction? Gives a very bad look to Stacks Bowers as well as the coin itself.