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Off-Metal Nickel Error?

Picked this up at a local flea market this morning for a pretty low price. The gentleman had it in a case with some common date wheat pennies in a 2x2 labeled "Off Metal Nickel Error" next to a bunch of used VHS tapes. Seems like it's the real deal but just wanted to get a few opinions to see if I wasted $20 or not. Does this appear to be authentic?

Reverse

Obverse

Comments

  • ledzep87ledzep87 Posts: 1,108 ✭✭✭
    Could you post a pic of the edge.

    Is it the same size as a normal nickel?
    Great transaction with: Relaxn, Collectorcoins, OKCC

  • I'm not an expert in this area, but the coin looks acid treated to me. What is the weight of the piece?

    Is the planchet unusually thin? If so, I would be suspicious.


    thecointrader
    "Giving away an MS-65 $20 St. Gaudens to everyone logged in when I make my 10,000th post..."
  • Looks like a nickel on cent planchet (found in the parking lot).

    It's genuine from the picture (size and color appear right).

    $20.00 may be the proper price for the error and condition.
  • Weigh the coin to see if it matches the weight of a cent planchet.

    1980: 95% copper, 5% zinc, 3.11 grams.
  • MrSpudMrSpud Posts: 4,499 ✭✭✭
    I once saw a similar nickel at a flea market that was priced at about $10. Only it was uncirculated and brown copper in color. The only thing is it was in a binder right next to a "spooned" coin that looked like someone was going to make a ring but stopped after they flattenned the edge of the coin. Both coins were in 2X2's with the word "error" on them. I figured since the spooned coin isn't a real error that the nickel on the cent planchet wasn't a real error either. I figured someone, perhaps the "spooner", had maybe ground down the rim of the coin down to the size of of a cent and then AT'd it to resemble brown copper. So I didn't buy the coin. A few months later a friend of mine at the coin club I belong to brought in a NGC slabbed Unc. Nickel on Cent planchet. He said he cherrypicked it at the flea market and that he took a chance and bought it and sent it in for authentication and slabbing. It was the same coin and is worth a couple of hundred dollars.
  • Right out of a nickel slot machine.]

    Jonathan
    I have been a collector for over mumbly-five years. I learn something new every day.
  • jonathanbjonathanb Posts: 3,722 ✭✭✭✭✭
    There is absolutely no question that that's an authentic nickel struck on a cent planchet. Anyone who thinks otherwise should try to justify their opinions.

    It's worth about $100-$150 in that condition.
  • hyf88hyf88 Posts: 294 ✭✭✭
    Thanks very much for the information, gang!

    Ledzep, I'll try to take a picture of the rim but as I'm struggling to learn macro photography the pics might be lousy. I did weigh it and it came out at 3.1 grams, which would put it in the correct weight range. Just glad it is real. I guess you never know what will show up at the flea market, most of the time it's guys selling common-date cleaned Morgan dollars for $50 each.
  • seanqseanq Posts: 8,719 ✭✭✭✭✭
    When I saw the date I suspected as much, but now that you have the weight, I concur that you have a 100% genuine nickel on a cent planchet. By far the most common date for this error is 1980-P, I've read the story that an entire hopper of cent planchets was fed into the wrong dies.

    In that condition it is about a $100 coin, though recently I've seen some certified examples of the date sell for much more.


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
  • possibly on a cent planchet, but it doesn't look copper colored enough to be on a cent planchet

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