1944 Jefferson struck on steel planchet

MJPHELAN · October 25, 2012 12:20PM

I saw this on E-bay today. Looks like a neat error coin. Probably more rare than a cent struck on a steel planchet.

Curious to see what it finally sells for.

1944 Steel Nickel

Mark

Rampage · October 25, 2012 12:22PM

Well, it is a BIN, so nothing to see. Either it sells for the asking price or it does not.

LanceNewmanOCC · October 25, 2012 12:28PM

<< Curious to see what it finally sells for.
Mark >>

pcgs says $5 !

Rampage · October 25, 2012 12:29PM

I think the asking price is a bit ambitious.

jonathanb · October 25, 2012 12:31PM

Bowers and Merena sold one nine years ago for $8,050

I snagged one on eBay a couple years ago for "rather less than that".

MJPHELAN · October 25, 2012 12:32PM

They started asking more than $60,000 for it. They will lower the price weekly until it sells.

I'd rather own a 1944 cent struck on a steel planchet.

Mark

MJPHELAN · October 25, 2012 12:35PM

I guess it is not as unique as the seller believes.

Mark

jonathanb · October 25, 2012 12:50PM

The seller in the linked eBay listing calls this a transitional error. A transitional error happens when a coin is struck one year on a planchet that wasn't supposed to be in production that year. Some examples would be a 1965 dime/quarter/half struck on a silver planchet, a 1964 dime/quarter/half struck on a clad planchet, etc.

Trivia question: Why is this NOT an example of a transitional error?

2ltdjorn · October 25, 2012 12:57PM

I would buy it if the seller was more realistic in the asking price

goodmoney4badmoney · October 25, 2012 1:07PM

<< The seller in the linked eBay listing calls this a transitional error. A transitional error happens when a coin is struck one year on a planchet that wasn't supposed to be in production that year. Some examples would be a 1965 dime/quarter/half struck on a silver planchet, a 1964 dime/quarter/half struck on a clad planchet, etc.

Trivia question: Why is this NOT an example of a transitional error? >>

In 1944 the Mint used the same planchets to strike Belgium 2 Francs.

Kaelasdad · October 25, 2012 1:33PM

PCGS does not place a value on errors, only the piece, in this case they price a 1944 P Jefferson at $5

Rampage · October 25, 2012 1:36PM

<< PCGS does not place a value on errors, only the piece, in this case they price a 1944 P Jefferson at $5 >>

I am certain that was sarcasm on the poster's comment.

Kaelasdad · October 25, 2012 1:55PM

Education comes in many forms, now anyone who didnt get the sarcasm understands the $5

seanq · October 25, 2012 1:58PM

<< 

<< The seller in the linked eBay listing calls this a transitional error. A transitional error happens when a coin is struck one year on a planchet that wasn't supposed to be in production that year. Some examples would be a 1965 dime/quarter/half struck on a silver planchet, a 1964 dime/quarter/half struck on a clad planchet, etc.

Trivia question: Why is this NOT an example of a transitional error? >>

In 1944 the Mint used the same planchets to strike Belgium 2 Francs. >>

Right, which means technically this is struck on a foreign planchet, not a transitional cent planchet.

Also, jonathanb, you said:

<< I snagged one on eBay a couple years ago for "rather less than that". >>

You are being very modest, I remember that coin and it was an impressive bit of cherrypicking.

Sean Reynolds

CaptHenway · October 26, 2012 4:08AM

<< 

<< The seller in the linked eBay listing calls this a transitional error. A transitional error happens when a coin is struck one year on a planchet that wasn't supposed to be in production that year. Some examples would be a 1965 dime/quarter/half struck on a silver planchet, a 1964 dime/quarter/half struck on a clad planchet, etc.

Trivia question: Why is this NOT an example of a transitional error? >>

In 1944 the Mint used the same planchets to strike Belgium 2 Francs. >>

A very grey (pun intended) area. One could argue that the Belgian coins were struck on U.S. planchets that we gave the Belgian government because we were not using them anymore.

I consider this to be a Transitional Error with an asterisk.

TD

stealer · October 26, 2012 4:14AM

<< 

<< 

<< The seller in the linked eBay listing calls this a transitional error. A transitional error happens when a coin is struck one year on a planchet that wasn't supposed to be in production that year. Some examples would be a 1965 dime/quarter/half struck on a silver planchet, a 1964 dime/quarter/half struck on a clad planchet, etc.

Trivia question: Why is this NOT an example of a transitional error? >>

In 1944 the Mint used the same planchets to strike Belgium 2 Francs. >>

A very grey (pun intended) area. One could argue that the Belgian coins were struck on U.S. planchets that we gave the Belgian government because we were not using them anymore.

I consider this to be a Transitional Error with an asterisk.

TD >>

Then why do the 44 Steel cents receive the lime light as opposed to this coin? A 44 Nickel struck on a wrong denomination steel planchet seems far more impressive IMO.

jonathanb · October 26, 2012 4:16AM

<< A very grey (pun intended) area. One could argue that the Belgian coins were struck on U.S. planchets that we gave the Belgian government because we were not using them anymore. >>

The key point in my mind is that we didn't give them until they were struck... and the striking happened in the Philadelphia mint. So they planchets were supposed to be in the building in 1944, even if not between the nickel dies.

I *would* consider 1944-D and 1944-S nickels on steel planchets to be transitional errors.

You'll notice that all three of the pieces discussed in this thread (the one currently on eBay, the one from Bowers and Merena 9 years ago, and the one that I snagged) are all 1944-P specimens.

CaptHenway · October 26, 2012 5:45AM

<< 

<< 

<< 

<< The seller in the linked eBay listing calls this a transitional error. A transitional error happens when a coin is struck one year on a planchet that wasn't supposed to be in production that year. Some examples would be a 1965 dime/quarter/half struck on a silver planchet, a 1964 dime/quarter/half struck on a clad planchet, etc.

Trivia question: Why is this NOT an example of a transitional error? >>

In 1944 the Mint used the same planchets to strike Belgium 2 Francs. >>

A very grey (pun intended) area. One could argue that the Belgian coins were struck on U.S. planchets that we gave the Belgian government because we were not using them anymore.

I consider this to be a Transitional Error with an asterisk.

TD >>

Then why do the 44 Steel cents receive the lime light as opposed to this coin? A 44 Nickel struck on a wrong denomination steel planchet seems far more impressive IMO. >>

Because "1943 copper pennies" have received a lot of press in the non-numismatic press over the years, and their "1944 steel penny" cousins get caught up in the enthusiasm.

A complete 1943-PDS bronze and 1944-PDS steel set is a fabulous collection (we had a customer who had five of the six, and wanted to complete it). A 1944-P nickel on a steel cent planchet is a wonderful error, but an odd duck that stands alone.

seanq · November 25, 2012 12:36PM

I saw the current auction for this coin and momentarily forgot it had been discussed here before. The asking price is now down under $30K.

Sean Reynolds

Rampage · November 25, 2012 12:45PM

Sean, how low do you think it will go before someone snags it? I really like the error, but too rich for my blood right now.

WoodenJefferson · November 25, 2012 12:47PM

Can you imagine how many times this nickel/cent was handled until someone finally went, "Hey, what's with this nickel?"

2ltdjorn · November 25, 2012 12:55PM

<< Sean, how low do you think it will go before someone snags it? I really like the error, but too rich for my blood right now. >>

It will be snagged at 1500. If the seller is willing!

Rampage · November 25, 2012 12:57PM

<< 

<< Sean, how low do you think it will go before someone snags it? I really like the error, but too rich for my blood right now. >>

It will be snagged at 1500. If the seller is willing! >>

I'd be a buyer at that price, and even a little more.

Overdate · November 25, 2012 1:57PM

Will it become a transitional error when the Mint starts striking steel nickels a few years from now?

1944 Jefferson struck on steel planchet

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