Any guesses how much Mr. Weinberg paid? :)
BackroadJunkie
Posts: 3,745 ✭✭✭✭✭
Wowza!
What is now determined to be the third known example of a copper-nickel clad quarter dollar struck with two reverse dies for Washington quarter dollars has surfaced.
Link to article:
Third two-tailed Washington quarter dollar makes public appearance
Error coin dealer Fred Weinberg, owner of Fred Weinberg & Associates in Encino, California, purchased the coin for an undisclosed sum in an assortment that included other error coins.
Photo courtesy (i.e. stolen from) Coin World
2
Comments
Quarter dollar + quarter dollar = half dollar.
50 cents? Give or take $10,000.
Coins for Sale: Both Graded and Ungraded
https://photos.app.goo.gl/oqym2YtcS7ZAZ73D6
Enhanced tail feathers on the image on the left?
just how many zeros are in an undisclosed?
It is the same coin, the obverse and the reverse both feature the Eagle.
As far as guessing on what he paid, no.
Knowing Mr. Weinberg, I am sure he paid fairly for the coin. The amount does not matter.
It's one coin, two different Reverse Dies
(just for clarification for above post)
It would appear that one sold for $80K in May, 2001, per the CW story.
Thank you Roger
By the way, the photo, although
taken here in our office, isn't the
best...a bit bright, to say the least.
The coin looks 'normal' in hand, as
far as color and surfaces....and is
struck with normal alignment.
What is the "normal alignment" for two reverse dies in the press at the same time?
Remind me to never flip against you!
How was this error possible?
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
Midnight mint? Or is there some way to really accidentally have this happen?
We were all raised to think such an error was impossible as the obv and rev dies were different sizes, etc. Someone apparently found a way around that. I am surprised that the Mint did not go after these if indeed the situation is impossible under normal circumstances.
I'll make sure I blurt out 'TAILS" if the need arises
Steve
I also was influenced to believe these were impossible to have happen in the mint as the hammer die would not fit in the anvil die and vice versa...
Was this bad info?
Is there any way to determine in what year this coin was struck?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Seller was like...
.
.
.
Fred was like...
By normal alignment, I mean that
if you flip the coin over, the 'other'
reverse is normal - it points to 12:00.
In the 60's, I too was told this was impossible,
because either the die shaft was a different
size for obverse & reverse dies, and/or that
there was a beveled or flattened area on the
base of of the Rev. Die that prevented it from
fitting into the hammer die (top) position,
Obviously, this was not correct info - and I have
close to 100 Dies from San Francisco during that
time frame, that are perfectly round on the base,
whether an obv. or rev. die.
Based on the coins in that 2001 Safe Deposit box
deal, which I bought (almost 300 spectacular
errors from SF Mint), and other conversations,
it is believed that these were struck in 1965, or
in the 1965 to 1967 time frame.
That this one, and the other two, and the unique
Two-Tailed Dime were made on purpose, I have
no reason to doubt.
Never considered it my business what someone paid for a coin.
But aluminum pennies are illegal
this is the type of crap the mint should focus of confiscating as it was made illegally for profit and sure enough people profited.
11.5$ Southern Dollars, The little “Big Easy” set
The sum of two quarterbacks.
Must of been one New Years Eve party, when this one got struck ...
Amazing, thanks for posting
BHNC #203
I'm guessing it is unknown where and when this originally surfaced?
Just imagine finding one of these in pocket change...... Highly unlikely of course, since they were obviously controlled after minting (i.e. safe deposit box)...What a thrill that would be for a collector...@FredWeinberg... Thanks for the added information....Cheers, RickO
Valid point and sort of, I think the gold Indian head pennies and proof bust dollars are bunk. I appreciate legitimacy which is why I don't even focus on uncirculated coin or proof coins. Those are specimens where stuff that served it's purpose and survived are artifacts.
It is a slippery slop though and impossible to prove intent one way or another even if it is obvious. My solution would be to make everything that hits a collectors hand legal 100%. The govs inconsistent enforcement is BS, if the 1933 DE are illegal than that is too by the same criteria. If one could assume it was released because they are out that should be enough absent conclusive proof of theft. If not everything without proof of release should be confiscated.
It should be one or the other consistently. I error on the side of collectors but like consistency.
11.5$ Southern Dollars, The little “Big Easy” set
Congrats on a spectacular purchase Fred! I love it!
Great transactions with oih82w8, JasonGaming, Moose1913.
Or you find it in pocket change, think it's a magician's coin and throw it in a box someplace...
@BackroadJunkie ....Exactly.... most likely what I might do.....hmmmm... I think I did that with a two tailed cent years and years ago.... I am pretty sure that was a fake though... I recall an edge line on that one. Cheers, RickO
It's a spectacular coin! It would be even more spectacular if it was minted by mistake.
Not my cup of tea.
Pete
I like the San Francisco & Denver & Philly Mint employee made shenanigan error types.
I enjoy seeing what's been made however they tend to sell for far more than I can afford.
On the other hand, I've collected several rule breaker type error strikes from foreign lands at a fraction of the admission fee for USA Mint made items. My three original BU 1982 dual reverse die struck, "Mule" Jamaica Cents made in the UK for Jamaica ran me $300 total & free delivery.
;^)
Fred told me these rule breaker coins are "Trophy Errors", and I've embraced this term.
Were 1913 Liberty 5c authorized ?
Were 1804 Silver Dollars struck in 1804 ?
The US Gov't cares more about the existence of withdrawn coins like:
1933 Gold 20's & 1964D Peace $ & 1974 P and D Aluminum Cents,
than they care about shenanigan, midnight minter errors created years or decades ago.
Lindy
Coin sales figures are an important part of the hobby. Of course Mr. Weinberg is entitled to not publicize the number