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Error coins once had "...no numismatic value whatever."

RogerBRogerB Posts: 8,852 ✭✭✭✭✭

How things have changed. This is one of many archive letters referring to various kinds of error coins that the US Mint was asked to evaluate. Standard procedure was to replace the defective coin with another of the same denomination.

Comments

  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭
    edited December 23, 2016 4:33PM

    R.E. Preston, "but has no numismatic value, whatever."

    R.E. Preston, sneaking it in. I will give you a silver dollar or a buck, in exchange for the error.

    Jeez, what a deal.

  • cmerlo1cmerlo1 Posts: 7,956 ✭✭✭✭✭

    I wish I could see the coin being described in the letter!

    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    Fascinating how things change with fashion. Remember when everything had to be shiny and toning was a bad thing?

  • MedalCollectorMedalCollector Posts: 2,017 ✭✭✭✭✭

    @cmerlo1 said:
    I wish I could see the coin being described in the letter!

    Me too. Sounds like an off center strike, though we'll never know.

  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭

    @GoldenEgg said:

    @cmerlo1 said:
    I wish I could see the coin being described in the letter!

    Me too. Sounds like an off center strike, though we'll never know.

    That sounds logical. Was "slipped" used for off center strikes? Is there any documentation that might tell us the meaning for the term?

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    Very interesting. Thanks for posting it.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Interesting Roger... I am continually amazed at what you find in the archives....
    and yes dpoole.... I do remember when tarnish was bad... still is IMO... ;) Cheers, RickO

  • WillieBoyd2WillieBoyd2 Posts: 5,266 ✭✭✭✭✭
    edited December 24, 2016 4:48PM

    Who paid the postage or shipping for the returns?

    :)

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  • 2ltdjorn2ltdjorn Posts: 2,329 ✭✭✭✭

    Great penmenshm

    WTB... errors, New Orleans gold, and circulated 20th key date coins!
  • 2ltdjorn2ltdjorn Posts: 2,329 ✭✭✭✭

    Great handwriting

    WTB... errors, New Orleans gold, and circulated 20th key date coins!
  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    "Who paid the postage or shipping for the returns?"

    Each paid their own on small items like this. (When banks ordered coins shipped to them, the bank paid the insured parcel post rate.)

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,551 ✭✭✭✭✭

    They sure don't make them the way they used to. ( men / or dollars ) .
    And a joyous holiday season to all.

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  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Merchants and banks routinely rejected all suspicious coins and paper currency. Thus, a defective (or error) coin might have been a total loss for the holder - and a considerable financial burden, too. Many workmen earned just $2 per day,

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