Errors-On-Coins - I had to laugh - yes, you're correct.
It's easier to buy 'em than to find 'em....Why???
Simple - you can go thru 1,000 mint-sewn bags of any denomination, and not find a single error coin - but in the 1,001st bag, you might find a run of off centers, or double strikes, or whatever.
That's why mint error coins have large premiums over face value - if they were easily found in every single mint sewn bag, they'd be so common that there would't be much need for a premium......
It's random, and they are found by those whose job it is to roll them into paper or plastic rolls - but you have to go thru a very very very large quantity of fresh, just-out-of-the-Mint coinage to find those few neat errors......
And that's been much tougher in the past 12 years or so.....
Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
I have bought thousands upon thousands of major mint error coins.
I have found maybe three major mint error coins, and all where round and the correct size of normal coinage.
Like I said , you don't find these, you buy them ........ >>
How about that guy that went through a mint-sewn bag of cents and found one with a major cud on it AND the piece of die steel that came off the die to create the cud? I wrote it up ATS.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
It looks to me like it is a 1976 5c double-struck on a 60% curved clipped planchet, and with the 2nd strike uniface obverse. The flap of thin metal on the reverse is from finning (occurred due to the excess pressure caused by the uniface 2nd strike) which separated partially from the rim, but is just barely hanging on.
Comments
D/S on scrap?
<< <i>Where was that found?? Cheers, RickO >>
You don't find these, you buy them.
<< <i>It had to be found to first be sold. >>
Really? LOL
I have bought thousands upon thousands of major mint error coins.
I have found maybe three major mint error coins, and all where round and the correct size of normal coinage.
Like I said , you don't find these, you buy them ........
sweet example there type2
bigtime congrats behind the scenes of my candid banter...
<< <i>isn't this the fruits of buying mint sewn bags??? >>
Try this a few times and you will realize you time, effort, and money is much better spent on "found" major mint errors
Wow, that looks like it must have been painful.
Very nice coin. Love them errors!
Great transactions with oih82w8, JasonGaming, Moose1913.
Successful BST deals with mustangt and jesbroken. Now EVERYTHING is for sale.
<< <i>Yeah, that coin is broken, you better send it back! >>
PCGS Restoration Service.
Great transactions with oih82w8, JasonGaming, Moose1913.
<< <i>Where was that found?? Cheers, RickO >>
My guess is in some dealers case.
Hoard the keys.
<< <i>Found it hanging on a bid board took it for $12 bucks..
dayummmm...sweet score there and congrats
<< <i>Found it hanging on a bid board took it for $12 bucks..
No way.
PM me I will go way higher than that ....
Hoard the keys.
Steve
It's easier to buy 'em than to find 'em....Why???
Simple - you can go thru 1,000 mint-sewn bags of any
denomination, and not find a single error coin - but in
the 1,001st bag, you might find a run of off centers, or
double strikes, or whatever.
That's why mint error coins have large premiums over face
value - if they were easily found in every single mint sewn
bag, they'd be so common that there would't be much need
for a premium......
It's random, and they are found by those whose job it is to
roll them into paper or plastic rolls - but you have to go thru
a very very very large quantity of fresh, just-out-of-the-Mint
coinage to find those few neat errors......
And that's been much tougher in the past 12 years or so.....
Too many positive BST transactions with too many members to list.
<< <i>
<< <i>It had to be found to first be sold. >>
Really? LOL
I have bought thousands upon thousands of major mint error coins.
I have found maybe three major mint error coins, and all where round and the correct size of normal coinage.
Like I said , you don't find these, you buy them ........ >>
How about that guy that went through a mint-sewn bag of cents and found one with a major cud on it AND the piece of die steel that came off the die to create the cud? I wrote it up ATS.
It looks to me like it is a 1976 5c double-struck on a 60% curved clipped planchet, and with the 2nd strike uniface obverse. The flap of thin metal on the reverse is from finning (occurred due to the excess pressure caused by the uniface 2nd strike) which separated partially from the rim, but is just barely hanging on.
<< <i>
<< <i>It had to be found to first be sold. >>
Really? LOL
I have bought thousands upon thousands of major mint error coins.
I have found maybe three major mint error coins, and all where round and the correct size of normal coinage.
Like I said , you don't find these, you buy them ........ >>
Well sucks to be you EOC as somebody luckier finds them!