Huge Staple on Proof Ike Error! How???
How does a Proof Ike get released from the Mint like this? Was this found in a Proof Set?
Given that regular sized slabs can. hold $50 gold slugs, I'm not really sure why this is in what looks to be a Rarities holder without a Rarities label.
Regardless of how it got out, it's really cool looking!
- Cert: https://www.pcgs.com/cert/39031260
- Sale: https://coins.ha.com/itm/errors/1977-s-1-eisenhower-dollar-struck-through-and-retained-copper-staple-pr67-deep-cameo-pcgs-an-unusual-error-struck-th/a/60197-91191.s
Comments
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WOW !!! How did this get out of the mint ? In a proof no less. Amazing !!!
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Errors like that do nothing for me. No more than a coffee mug made with a hole in the bottom would. I get with mint controls where they are anything visual will find a buyer but still
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You should always check your proof sets! Who knows what else is out there.
Custom album maker and numismatic photographer.
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Errors like this on large or valuable coins, like a gold piece, have been very unusual. The inspection process gets almost all of them. One could see where a cent, nickel or dime could get away, but on a large dollar coin like this, it has be a unique event. Although it's not my thing, something like this has to be quite rare.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?4 -
it's perfectly placed in the middle of the coin, anywhere else and it wouldn't have been an entire staple. being the obverse, whoever assembled this coin in a set would 100% notice it and reject the coin.
for those reasons I assume it was intentionally made and smuggled out.
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@BillJones said:
Errors like this on large or valuable coins, like a gold piece, have been very unusual. The inspection process gets almost all of them. One could see where a cent, nickel or dime could get away, but on a large dollar coin like this, it has be a unique event. Although it's not my thing, something like this has to be quite rare.Proof Ike errors can be both very rare and visually impressive.
Now that I see this, I imagine a Proof Ike Error collection with coins like this and the following could be quite stunning.
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@keets said:
it's perfectly placed in the middle of the coin, anywhere else and it wouldn't have been an entire staple. being the obverse, whoever assembled this coin in a set would 100% notice it and reject the coin.for those reasons I assume it was intentionally made and smuggled out.
Should the Mint attempt to reclaim coins that got out this way?
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Wow. That is quite a strike through.
Collector
Over 100 Positive BST transactions buying and selling with 57 members and counting!
instagram.com/klnumismatics1 -
@keets said:
it's perfectly placed in the middle of the coin, anywhere else and it wouldn't have been an entire staple. being the obverse, whoever assembled this coin in a set would 100% notice it and reject the coin.for those reasons I assume it was intentionally made and smuggled out.
Sometimes you really have to watch your step with items like that dollar struck on a quarter planchet piece. Back in the 1970s I was at a club meeting where a member showed slides of Eisenhower Dollars that had been struck on cent planchets and other similar items. A few months later I read on story in Coin World where the government had seized those items because they had been made illegally. The dates on the Ike Dollars were something like 1971 or '72 before those coins were included in Proof sets. Therefore one had to wonder how a cent planchet got in the mix.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?1 -
I have ALWAYS been suspicious of the more radical errors, wrong planchet, struck through, multiple strike, mules, etc. because of the incentive to make them and the Mint QA process.
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There were a number of spectacular errors on proof coins that came from the San Francisco mint in the 70’s. 1970-S quarters struck on a Canadian silver quarter and Barber quarter comes to mind. Some (many?) of these were in an abandoned safety deposit box sold by the state of California and purchased by Fred Weinberg. I wonder if this part of that hoard or if it entered through other channels? Every time I see a major error on a 70’s proof, the first thing I think is “shenanigans”
Edit to add some links for background info
https://www.minterrornews.com/news-6-12-16-unique-pair-of-proof-quarters.html
https://www.coinworld.com/news/precious-metals/impressive-proof-errors-head-to-auction-at-heritage
Member of the ANA since 19825 -
@Oldhoopster said:
There were a number of spectacular errors on proof coins that came from the San Francisco mint in the 70’s. 1970-S quarters struck on a Canadian silver quarter and Barber quarter comes to mind. Some (many?) of these were in an abandoned safety deposit box sold by the state of California and purchased by Fred Weinberg. I wonder if this part of that hoard or if it entered through other channels? Every time I see a major error on a 70’s proof, the first thing I think is “shenanigans”If they are shenanigans, they are some pretty good ones.
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@Zoins said:
@Oldhoopster said:
There were a number of spectacular errors on proof coins that came from the San Francisco mint in the 70’s. 1970-S quarters struck on a Canadian silver quarter and Barber quarter comes to mind. Some (many?) of these were in an abandoned safety deposit box sold by the state of California and purchased by Fred Weinberg. I wonder if this part of that hoard or if it entered through other channels? Every time I see a major error on a 70’s proof, the first thing I think is “shenanigans”If they are shenanigans, they are some pretty good ones.
Give me access to a Mint facility for a day and I'll show you some amazing "errors".
All comments reflect the opinion of the author, even when irrefutably accurate.
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I see it ... but am suspicious.
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Off center and planchet flaws have grown on me.
As neat as these are, this strike thru seems manufactured.
That double strike is amazing. How does that ghosting happen.
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Meh. I'll hold off till they find a proof Ike struck over a Morgan.
Collector, occasional seller
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@Oldhoopster said:
There were a number of spectacular errors on proof coins that came from the San Francisco mint in the 70’s. 1970-S quarters struck on a Canadian silver quarter and Barber quarter comes to mind. Some (many?) of these were in an abandoned safety deposit box sold by the state of California and purchased by Fred Weinberg. I wonder if this part of that hoard or if it entered through other channels? Every time I see a major error on a 70’s proof, the first thing I think is “shenanigans”I think the OP's coin is too old to have been part of that hoard, IIRC most of them were dated 1970 and earlier, with the majority in the 1960s.
Sean Reynolds
Incomplete planchets wanted, especially Lincoln Cents & type coins.
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor0 -
well, I like it!
Frank
BHNC #2030 -
It was the 70's, man.
Numismatist Ordinaire
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces1 -
Zions, is that coin for sale somewhere? Awesome coin.
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@ErrorsOnCoins said:
This one I am OK with.
Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.2 -
Sometimes I wonder if the mint guys get board and fool around
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/2099233 -
with regard to these errors which seem to clearly have been made with help, how is profiting off of them any different than the whole AT game??
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@keets said:
with regard to these errors which seem to clearly have been made with help, how is profiting off of them any different than the whole AT game??How can you know what you state? You just make up this stuff or what. Show me your facts.
Anyone can AT. No one is allowed to make Mint Errors. That is a huge difference.
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I suppose I can know just as clearly as you know what you state. it is fact that Mint employees have fabricated errors in the past, as recently as 1999-2000 with the Sac Dollar/SHQ mules. also, going back to the mid-19th Century it is pretty clear that Mint employees were "helping" themselves. re-read MasonG's reply up the page and try to recall the adage: Love of money is the root of all evil.
please excuse me for criticizing an area you profit from and collect(not).
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If they were made with help, they're not really "errors", are they? More like "intentionals".
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@keets said:
I suppose I can know just as clearly as you know what you state. it is fact that Mint employees have fabricated errors in the past, as recently as 1999-2000 with the Sac Dollar/SHQ mules. also, going back to the mid-19th Century it is pretty clear that Mint employees were "helping" themselves. re-read MasonG's reply up the page and try to recall the adage: Love of money is the root of all evil.please excuse me for criticizing an area you profit from and collect(not).
Neither one of us was there so we can not know for sure either way.
Have mint employees made mint errors for profit? Absolutely.
Have mint employees made mint errors for fun? Most likely.
Has every major mint error been produced on purpose? Absolutely not.
Nice dig on me about NOT being a collector, which is untrue, and shows your character.
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Nice dig on me about NOT being a collector
please re-read my post, but no apology is necessary.
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"neither one of us was there so we can not know for sure either way"
"Have Mint employees made US coins for profit? Absolutely"
"Have Mint employees made US coins for fun? Most Likely"
"Has every major US rarity been produced on purpose? Absolutely not"
.....we're talking about 1913 Liberty Nickels, correct?
(and yes, I do believe that Proof Ike Staple error was made on purpose;
my customers don't care, but they sure wouldn't want to knowingly buy a Morgan
dollar that was artificially toned)I thought we've talked about this numerous times before : collect what you like
and don't collect what you don't likeRetired 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 2022.8 -
As an error coin collector, I’ve never cared about whether the error was intentional or not. The fact is that US Mint security and manufacturing processes prevent most errors, whether assisted or not, from escaping. Whether assisted or not, this piece is rare. Whether assisted or not, it is eye appealing.
The value originates from what the piece is, not how it was made.
I like it!
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Pretty amazing example, what is there not to like, how many have you seen, answer not many
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@GoldenEgg said:
As an error coin collector, I’ve never cared about whether the error was intentional or not. The fact is that US Mint security and manufacturing processes prevent most errors, whether assisted or not, from escaping. Whether assisted or not, this piece is rare. Whether assisted or not, it is eye appealing.The value originates from what the piece is, not how it was made.
I like it!
Well said.
I will add, what I find fascinating are the stories ( forklift oil pans), the speculation, and the mystery surrounding major mint error coins. I also like that the policing authority for my field is the United States Secret Service.
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If the mint was smart, they'd start making and selling these sorts of things themselves. They could even make stuff to order.
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@MasonG said:
If the mint was smart, they'd start making and selling these sorts of things themselves. They could even make stuff to order.The value in error coins is the fact they mint does not do that nor will they ever do that.
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@ErrorsOnCoins said:
@MasonG said:
If the mint was smart, they'd start making and selling these sorts of things themselves. They could even make stuff to order.The value in error coins is the fact they mint does not do that nor will they ever do that.
Somebody made the staple dollar "error" and profited from it and as is evident from a number of the responses here, it's not important to some how it came to be made. The equipment and materials belong to the mint- why shouldn't they keep the profit for themselves?
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There is a mint in Asia (Malaysia? Don't recall) where tons of intentional errors were made. They are very cheap to buy simply because they were openly made in quantity. If the US Mint did that the value would drop and there would be no "profit" to be made.
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@FredWeinberg said:
"neither one of us was there so we can not know for sure either way""Have Mint employees made US coins for profit? Absolutely"
"Have Mint employees made US coins for fun? Most Likely"
"Has every major US rarity been produced on purpose? Absolutely not"
.....we're talking about 1913 Liberty Nickels, correct?
(and yes, I do believe that Proof Ike Staple error was made on purpose;
my customers don't care, but they sure wouldn't want to knowingly buy a Morgan
dollar that was artificially toned)I thought we've talked about this numerous times before : collect what you like
and don't collect what you don't likeI think that is ALWAYS the bottom line. [And the 1913 Liberty nickels are always my favorite example of "shenanigans"]
There is a whole market for "colored" coins. Some of them are simply breathtaking.
But God forbid someone put a little rose on a Peace dollar. LOL.
All comments reflect the opinion of the author, even when irrefutably accurate.
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So it's best if things keep on going as they have been, with these intentional "errors" just getting out now and then?
I see.
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@MasonG said:
@ErrorsOnCoins said:
@MasonG said:
If the mint was smart, they'd start making and selling these sorts of things themselves. They could even make stuff to order.The value in error coins is the fact they mint does not do that nor will they ever do that.
Somebody made the staple dollar "error" and profited from it and as is evident from a number of the responses here, it's not important to some how it came to be made. The equipment and materials belong to the mint- why shouldn't they keep the profit for themselves?
I could imagine a limited edition of 500 stapled Silver Eagles as being a big seller.
All comments reflect the opinion of the author, even when irrefutably accurate.
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@JBK said:
There is a mint in Asia (Malaysia? Don't recall) where tons of intentional errors were made. They are very cheap to buy simply because they were openly made in quantity. If the US Mint did that the value would drop and there would be no "profit" to be made.There's actually a whole series of obviously intentionally made Mexican error patterns that sell quite well.
All comments reflect the opinion of the author, even when irrefutably accurate.
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Great thread.
Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!2 -
@FredWeinberg , who was the fella who had the exquisite collection of Ike errors back in the early 70's? Dr. something??
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I put this coin in the same sphere as a hobo nickel. Someone made it and it is unique. Everyone will put its “worth” at a different level depending on if they like it enough to want to buy it. All this IMHO of course.
Some coins are just plain "Interesting"2 -
I think the Roosevelt dime struck on a nail was a little over the top for mint errors. It graded MS65. No FB/FT.
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Dr. A.K. Berry-he donated his fantastic collection of Ike dollar errors to be ANA just a few years before he passed away
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 2022.3
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