2008 Monroe dollars struck on quarter planchets
renman95
Posts: 7,037 ✭✭✭✭✭
The way the CW blurb is written sounds like Mint officials are confirming that these dollars struck on quarters will be released into circulation...and there is no stopping them. As if they are advertising this mule to get us interested in the un-interesting.
This is just another error de jour for this series. I guess the Mint just has to many moving parts to corral.
Ren
This is just another error de jour for this series. I guess the Mint just has to many moving parts to corral.
Ren
0
Comments
The U.S. Mint has struck a large quantity of 2008 J. Monroe Presidential
Dollars on Quarter planchets - at this time, they don't know exactly how
many were struck (some very very high estimates have been made by
inside sources), or how many might have gotten into the large Ballistic
Bags.
We won't know too much more till they are released next week; from
what I know, there is a very good possibility that some very large numbers
will be found.
These coins will not jam the rolling/counting machines, but they should
stand out very easily in the clear plastic wrappers; there is a possibility
that a way can be found to see if there are any in the paper wrapped rolls;
weight diff. would be one method, and there might be another.
I realy think that Valentine's Day (date of release) might start our heart's a-beatin'.............
Fred
They should be fun to look for.
TD
I would guess that a few will get out, but most will be destroyed.
TD
where the coins were fed into the Edge Lettering
Machine, and made contact with the "shoe", which
is the circular plate containing the edge lettering
elements.
I am informed that "some" of the error coins were returned to the Mint by the coin sorting facility, but that nobody knows at this time what "some" means. Might mean just a handful, might mean a lot of them. Right now nobody that knows is talking.
TD
Denver mint should hire some of the screw-ups
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Why can't these errors occur at the Denver Mint?? Why?
I'm so tired of Philadelphia getting all the good stuff!!
The name is LEE!
the bay is poised!
Since the release date is Feb 14, some should be ready for consumption shortly thereafter for....?
Ren
Something just really stinks about this whole scenario! Philadelphia mint and all. I mean, really, what are the odds that each and every friggin production run of presidential dollars out of the Philadelphia mint has had some type of major error??
First the Washington smoothies, then the double and inverted edges and smoothies on the Adams, then the then the weak/partial lettering and smoothies on the Jeffersons, then the weak edge lettering on the Madisons and now the quarter planchet's on the Monroe's?
It just seems fishy...............
The name is LEE!
it'll be way too much, especially if some of the quantities
being bandied about are out there.
A few dozen or so is much different than a few thousand or so......or more......
BTW has ANYTHING interesting error wise come out of the FDCC's?
Another treasure hunt! Yay!
Liberty: Parent of Science & Industry
<< <i>Philadelphia gets ALL the errors
Denver mint should hire some of the screw-ups >>
Do you mean that the Crack-head , H - using workforce in Philly is actually a numismatic asset?
Got to love them loser Eagles, Phillies, Sixers and Flyers.
<< <i>My guess is that whatever the first few bring on Ebay,
it'll be way too much, especially if some of the quantities
being bandied about are out there.
A few dozen or so is much different than a few thousand or so......or more...... >>
I think also that people have caught on and will probably wait for the price to come down like the Washington smoothies, and Adams double imprinted edges.
However, I did get on these Wisconsin quarters quick for a fraction of what they go for today.
Of course the difference will be 100,000 Monroe dollars compared to a few thousand extra leafy quarters.
Ren
Gardnerville, NV
=========================
Our Website -->Innovation, Native & Presidential Dollar Errors, Lincoln Cents and more
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You wouldn't believe how long it took to get him to sit still for this.
<< <i>Does the mint keep doing this to create interest in the Presidential Dollars, I mean State Quarters ???
I can say for absolute for certain that they do, imho.
If there is a way, there is a will. Someone will slip through.
Now the 70,000 to 140,000 estimate is out the window.
Happy Hunting and Happy Valentines
Ren
before sending these back.
I don't care about all the " It's against the law" He would never do that
crap. Unless he has been hiding in a cave this past year.
Or has a deluxe pocket protector this Kat saved some to sell
I've been going through four bricks a week ever since the Washington's came out. Living in Jax i did OK with the smooth edges and have been making a few bucks on other errors. Looking forward to my first four bricks of Monroe's as I was starting to loose interest in the Prezzies.
Velocity, Not Valuation Defines A Bubble.
<< <i>I just saw on CW.com, that they issued a bulletin that with some certainty no Monroe dollar/quarters will reach the public. A vendor saw some irregularities and sent them back to the Mint.
If there is a way, there is a will. Someone will slip through.
Now the 70,000 to 140,000 estimate is out the window.
Happy Hunting and Happy Valentines
Ren >>
That's what I thought, but someone in a position to know better called me and corrected me.
"Some" were returned to the Mint. Nobody knows if that "some" is 1% of the errors, 99% or the errors, or some percentage in between.
TD
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
Ren
<< <i>I just saw on CW.com, that they issued a bulletin that with some certainty no Monroe dollar/quarters will reach the public. A vendor saw some irregularities and sent them back to the Mint.
If there is a way, there is a will. Someone will slip through.
Now the 70,000 to 140,000 estimate is out the window.
Happy Hunting and Happy Valentines
Ren >>
the vendor grabbed handfulls before sending them back
as they were struck as dollars, fed into the system
as dollars, (including the edge lettering operation),
and would be bagged/tagged and eventually rolled
as dollars...
Tom D. is right - the outside vendor found and returned
"some" - I seriously doubt they found all of them.
The CW Bulletin would tend to possibly mean that there
won't be tens of thousands that are released, but I
wouldn't be shocked to hear of hundreds, or even a
few thousand, that do get out into circulation.
If it helps I do live in Florida so hopefully that ups my slim chances
Ray
MGySgt USMC(ret)
1979-2003
Aviation Radar Technician
Communications & Electronics Chief
<< <i>Great!
Why can't these errors occur at the Denver Mint?? Why?
I'm so tired of Philadelphia getting all the good stuff!! >>
Haha, if only it were easy to FIND the good stuff in Philly! I always have trouble finding fresh rolls at my banks here. In fact the only mint wrapped rolls I got last year were when I visited FLORIDA. I think the banks in the city of Philadelphia don't care and don't want to be hassled with them. Maybe I'll try the 'burbs.
commoncents123, JrGMan2004, Coll3ctor (2), Dabigkahuna, BAJJERFAN, Boom, GRANDAM, newsman, cohodk, kklambo, seateddime, ajia, mirabela, Weather11am, keepdachange, gsa1fan, cone10
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<< <i>I'm outta luck. Our Wells Fargo doesn't get the new dollars in until a full month after the release.
Ren >>
You are not out of luck. If released the errors could arrive at your bank weeks to even a month or two after the Feb. 14th release date.
I handled over 300 bricks of the GWs over 2-3 months and the inspector packaging dates came in no particular order.
As soon as some are reported the two things we will all want to know is the geographic location(i.e. state/Fed district) and the inspectors date stamp on the original brick.
<< <i>
As soon as some are reported the two things we will all want to know is the geographic location(i.e. state/Fed district) and the inspectors date stamp on the original brick. >>
As stated above, this information is the key.
Only a fool would release such information if he had it.
ErrorsOnCoins
Look how many leafy Wisconsin quarters escaped during a lunch break...aledgedly.
I'll be watching and hawking obvious venues for this one. I'm thinking out load again...stupid brain.
Ren
<< <i>I didn't see an answer to this in the thread, but, if there dollars struck on a quarter planchet, how would they be rolled? As quarters or dollars. In other words, if you wanted to search for them would you buy a brick of quarters or dallors from the bank?? >>
Seeing that they are struck as dollars and got mixed with the valid dollars, they will be found in the dollar rolls.
<< <i>Since they haven't been released yet, will pcgs slab them as First Strike?? >>
How about a "Wrong Strike" slab
Velocity, Not Valuation Defines A Bubble.
A major error dealer on the forum implies that these were fed through the complete dollar process and then released to the vendor for rolling as dollars.
The public info available is - the dies meant to strike Oklahoma Qtrs were switched out for Monroe Dollar dies (per CW) and Qtr planchets fed in, implying that the quarter production run was fed proper planchets but wrong dies were utilized.
I would further imply that if the qtr production run was "infiltrated" by these "muled" qtr dollars, then they left in large sacks of quarters, to be rolled and delivered as state qtrs.
Somehow, the produced as dollars, sacked as dollars, sent to the vendor as dollars, and then rolled as dollars......doesnt seem to fly.....there are several points along the way to be spotted, wrong size, color, metal.....etc, dont roll properly, off weight....
Even if these errors aren't found it will be a fun exercise to search for other errors. I will keep 4 rolls unopened.
Joe
<< <i>This is interesting------
A major error dealer on the forum implies that these were fed through the complete dollar process and then released to the vendor for rolling as dollars.
The public info available is - the dies meant to strike Oklahoma Qtrs were switched out for Monroe Dollar dies (per CW) and Qtr planchets fed in, implying that the quarter production run was fed proper planchets but wrong dies were utilized.
I would further imply that if the qtr production run was "infiltrated" by these "muled" qtr dollars, then they left in large sacks of quarters, to be rolled and delivered as state qtrs.
Somehow, the produced as dollars, sacked as dollars, sent to the vendor as dollars, and then rolled as dollars......doesnt seem to fly.....there are several points along the way to be spotted, wrong size, color, metal.....etc, dont roll properly, off weight.... >>
I like your thinking...this is really starting to stink...in the collectors favor.
Another Presidential Dollar, another Presidential Error.
Ren
<< <i>This is interesting------
A major error dealer on the forum implies that these were fed through the complete dollar process and then released to the vendor for rolling as dollars.
The public info available is - the dies meant to strike Oklahoma Qtrs were switched out for Monroe Dollar dies (per CW) and Qtr planchets fed in, implying that the quarter production run was fed proper planchets but wrong dies were utilized.
I would further imply that if the qtr production run was "infiltrated" by these "muled" qtr dollars, then they left in large sacks of quarters, to be rolled and delivered as state qtrs.
Somehow, the produced as dollars, sacked as dollars, sent to the vendor as dollars, and then rolled as dollars......doesnt seem to fly.....there are several points along the way to be spotted, wrong size, color, metal.....etc, dont roll properly, off weight.... >>
I'm going to take a wild guess and say that you don't work in a manufacturing environment. My company contracts with several companies who do liquid filling of personal care products, and believe me all kinds of things can go wrong if the crew is not diligent during line change-overs. Any component that is not accounted for and removed from the area can and will be used by the next shift without a second thought. I've seen products filled with the wrong juice because the main tank was switched but the lines feeding the equipment were not purged. I've seen products with mismatched front and back labels because someone left behind a partial roll of labels from the previous fill. This is all in an environment that works at about 1/20th of the speed and 1/100th the capacity of the US Mint.
If a production line was switched over from striking quarters to striking dollars, it's very easy to believe that either the automatic feeding basin was not purged of quarter planchets, or perhaps a tote of quarter planchets was left in the vicinity and mistakenly fed into the press. At the speeds the modern equipment is capable of, you could easily strike 50,000 coins or more in an hour, so the wrong planchets could have been consumed before the pressman even came back for his first quality inspection.
Sean Reynolds
"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
of course anything is possible.
but the likelyhood of catching wrong size planchets, wrong metal and color, problems with lettering machine, possible jamming of the equipment seems very unlikely that qtr planchets were run through the dollar process.
CW in thier article clearly says the USM stated that "Oklahoma Qtr dies were mistakenly switched with Monroe Dollar Dies" and hence the striking of Dollars on Qtr planchets.
It seems very possible and very likely that the production run was for quarters, fed by qtr planchets, packaged as quarters in large sacks and sent to the external vendor to be packaged as quarters.
Think about it, if those quarter sized Monroe Dollars went out mixed with good Monroe Dollars, the whole rolling process would be all fouled up....doesnt seem likely IMO.