1920 Buffalo Nickel 40% oc on cent at auction
giantsfan20
Posts: 1,727 ✭✭✭✭
Saw this one in error catalog around 1983 for 1,500'
Sold for 17,250 in 8/2004 and same in 8/2007. Surprised it sold for exact same price.
Not sold in auction 1/2015
auctions heritage
Very unique double error.
0
Comments
I am always curious about such pieces.... I have to believe that most were created or smuggled out of the mint.... I know some may have come out in bags of coins... However, if I were a betting man (and I am), I would wager on the first option. Cheers, RickO
Now that is a neat error! And I am with Ricko on the cause. I guess that means it is an "on purpose" coin instead of an "error" coin.
Nothing screams "purposefully created" to me. The Mint is like any other manufacturer. It's a nice error and I really like the chocolate surfaces!
Price sold ****$12,337.50**** Nice 5K drop in 10 years. Guess unique errors are a tough sell to get back price paid.
@DIMEMAN
'Coined' a new numismatic term..........."on purpose coin"
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
The market is down, but this particular coin was doubly punished for overexposure. In fact, I don't think it spent a single day off the market in the past decade. Sad, because it's a fantastic coin.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
It is a very neat coin.
A true off center error. It got out........no doubt because it was the same size as another regular nickel.
Pete
I see no reason to suspect that this piece was created on purpose. We know that the Mints used hoppers to carry planchets and struck coins of multiple denominations. We know that a planchet smaller than the feed fingers it happens to end up in has a good chance of being improperly fed into the coining chamber. The collar marks and everything else about the strike are correct for an off-center strike. Give me one good reason to not like this coin as a legitimate error?
TD
1920 Is a common date for off center Buffalos. Agree with Cpt H that this is very possiable than say some of those "Fantasy Errors" coins struck over other coins etc 10 years apart
All graded by NGC which allows for sale at high prices and legitmizes them as authentic without it sure would go for a small fraction of amount asked? Perhaps Fred Weinberg could chime in on this type of "error"
Those are highly suspect as to how it actually happened.
1970 Proof Quarter Washington Struck over Barber and Quarter struck over 1941 Canadian quarter. You can barely make it out the 1941 date the picture date was drawn in
I have no idea how NGC got 1941 on coin unless under a very high magnification?
Wonder if PCGS would autheticate them?
http://minterrornews.com/issue37.pdf
There's actually a second 1920 Off Center
on a Cent Buffalo Nickel that is in a strong
hands collection.
It surfaced in Conn. (If I recall correctly, when I bought it)
and it's similar to this piece, which, as Andy says, had
been on the market for a long time.
No reason to suspect it as one struck on purpose.
(I've seen plenty of those, and they don't bother me)
I think this 1920 OC on Cent planchet has been priced to sell at $40,000 the last few years.
I was surprised it and several other often advertised pricey errors appeared to sell for very appealing prices.
I wonder if these lots sold to new owners or if their consignor bought some or all of them back ?
MikeByers issue42 covered these better coin error auctions, pages 43-52.
http://minterrornews.com/issue42.pdf
Lindy
Way cool!