think about the likelyhood of quarter planchets struck with monroe dollar dies leaving mixed with dollar struck on normal planchets....that's an EASY OFF METAL error to spot......
quarter planchet fed into presses where the quarter dies were SWAPPED out with monroe dollar dies (as stated in the articles released) leaving in ballistic bags of QUARTERS>>>>>
hmmmm.......same metal, same size, seems logical they leave in those bags.
vendor rolls quarters, no problem with rolling machines jamming, rolls look good, on weight, etc.......except someone notices the strike.....with the wrong design/denomination..........
7over8: Again, could you please paste the quote from Coin World that you think makes it at all possible the coins were released in quarter rolls. You are obviously misunderstanding the article and as a result, you are spreading false information.
In the scenario you describe (presses meant to strike quarters had Monroe dollar dies mistakenly installed) the quarter collar would interfere with the dies the very first time they tried to strike a coin. IF the collar was changed at the same time as the dies, then the resulting off-metals would be significantly larger in diameter than a normal quarter, and the riddling operation would have culled them out as broadstrikes. There is no way tens of thousands of them could have escaped the Mint to a rolling facility.
What actually happened, as explained by Fred Weinberg, is the following: the Mint has a group of five or six presses that are fed planchets from a common source. The planchets are manufactured in a different area of the production floor, and automatically conveyed to the presses. For simplicity, let's call the planchet production room "Point A" and the gang of coinage presses "Point B". That day the presses were striking quarters, and at the end of the quarter production run the entire line was changed over to strike the Monroe dollars. So at "Point B" the dies, collars, feeding fingers, etc. were changed, and at "Point A" Mint workers started producing dollar planchets to feed into the presses.
However, a mistake was made, and the conveyor system that carries the planchets from "Point A" to "Point B" was not purged of quarter planchets. As a result, when production started up tens of thousands of quarter planchets were fed into coinage presses set up to strike the Monroe dollars.
Meanwhile back at "Point A", tens of thousands of dollar planchets were being loaded and chasing the quarter planchets to "Point B". As the struck coins come off the presses, they are gathered onto another conveyor and dumped into a ballistic bag. These ballistic bags are not like the Mint bags of old; they are enormous and must be moved by forklift, as they weigh several tons when filled. Since it was the first production from a line freshly converted to strike dollars, a brand new empty ballistic bag was waiting to receive the off-metal strikes. Those were then immediately buried by coins struck on the correct planchets.
Now these presses are capable of striking twelve coins a second, or 720 coins a minute.. and there were at least five of them running. That means more than 70,000 off metal dollars could have been produced in just 20 minutes... and ten minutes later, they would have been hidden by 35,000 normal strikes dumped over them in the ballistic bag, making visual identification of the error coins nearly impossible. The next set of eyes to see the coins would be the rolling facility as they emptied the bags, which is where the error was caught.
So in summary, there is no possible way these off-metal errors will be found in State Quarter rolls. Whatever gets out will be in Monroe dollar rolls.
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'Connor
<< <i>The mint issued a press release stating that all the misstruck coins were recovered, so that none have been accidentally released into circulation. >>
Anyone want to bet that the mint is lying?
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
Thanks for the clarification to this message thread. I've tried to explain it 2-3 times I think...you did a great job.....hopefully it will be clearer to those reading the thread.
The Mint Press Release stated that the coins were returned to the Mint.
However, it didn't say how many were returned, and that the possibility is still very strong, imo, that --some-- will still be found in Dollar Rolls, etc.
We'll have to wait a week or two to see if the number found is 1, 100, or ??
In any case, it's an extraordinary situation, that's never occured before (to my knowledge), that the Mint made so many tens of thousands (as per reports) of Offf-Metal errors at once.
Even the numerous 1979-1980 Nickels on Cents weren't even close to this number!
It should be quite interesting starting on Feb.. 14th !!
By the way, I've bought two Bricks of P Mint Monroes that have been shipped to my yesterday (Friday)....I just hope they arrive before I leave for Long Beach, but that's doubtful... yes, some $1,000 boxes have already been released, a full week before the official release date of 2/14.......
Fred
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.
Sean Thanks for that great clarification. Fred Thank you for your expertise. And, while you are at Long Beach, I could save you some time and go through that brick if you want.
you seem to be so sure of yourself when no one really knows what took place and none have been found by the public yet.
the possibility of these coins being in quarter rolls exists, as well as them being in dollar rolls.
your argument of the est. 70-140,000 coins not being spotted being dumped into ballistic bags is amusing.......we are talking about 70,000 to 140,000 coins here!!!!!!!!
if the mint employee fell asleep maybe this can happen. any final checks on how much FACE VALUE was put into those big bags? are they WEIGHED? that would also be FAR off and be pulled before leaving a facility.......
even more amusing is the vendor wrapping dollars and quarters together in rolls - have you ever tried doing so, with more than 1 quarter.....a MESS.......that quarter better sit still in the center of that roll, ripped rolling paper ensues, etc....
you are so sure but your theory has a lot of holes in it.
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.
Of course, no evidence anyone lost a job over this.
Thus, it maintains the high probability something like this will always happen again and again within the Mint's various production lines across the country.
Maybe that is good.
Fred, I am sure in your special area there will always be plenty of supply variants heading your way.
<< <i>The mint issued a press release stating that all the misstruck coins were recovered, so that none have been accidentally released into circulation. >>
Do you have a copy of that "press release?" I know that the Mint answered questions put to it by CW and NN, but there is no press release in the Pressroom of the Mint's website.
Fred, some people just won't listen to logic no matter how many times you repeat it to them. As you said, we tried.
TD
Numismatist. 54 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. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
CaptHenway, you're absolutely right. No Mint press release, just reports to CW and NN.
And, even a Mint press release isn't gospel. All we have to do is hark back to 2005 with their explanation on how the Wisconsin quarters got extra leafs.
This thread has been full of speculation, educated theories and hyperbolies (and of course, fun.)
7over8: I really can't explain any clearer than I just did. Have fun searching quarter rolls, let us know how many off-metals you find.
I'd still like the quote from Coin World, if you ever feel like posting it.
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'Connor
OK Boys - Self Proclaimed Experts......when you guys match my 35+ years of knowledge about US Coins, then I'll accept your opinion.
You johnny come lately's know everything but haven't found one shred of evidence supporting your opinion, no one has found one of these yet outside of the contracted vendors facility, but you have all the answers.
It's amazing people can't handle another OPINION on the subject, you all rest your laurels on those collars being installed and that production run being perfectly readied for dollars when it just completed a huge quarter production run,
I accept that your opinion is reasonable, BUT, it is not the only situation that could play out......
Don't add additional details to the story, it says nothing about those presses being properly readied, all it states is "Qtr dies were mistakenly switched out for Monroe Dollar Dies and Quarter planchets fed in", were you there?
That's all we know.........and even at that, it's the story of a CW reporter, and we know they have been wrong before.
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.
Me neither. When I was the Editor of Coin World's Collectors Clearinghuse column back in 1976 and Fred Weinberg was one of my mentors, that was only 32 years ago........ TD
Numismatist. 54 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. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
I just read the CW article in CW 2-18-08 and the writer says "collectors can begin heading to their banks Feb.14 to search for the regular dollar coins and the error pieces." The Mint says they have "seen only two examples of the Monroe dollar wrong planchet errors." And "one CW source placed the number of examples retrieved closer to 40."
Also, "The planchet for the quarter dollar is thinner than the planchet for the dollar coin before striking. When struck by the dollar dies, the dollar coin may become thinner at the edge as the metal of the coin spreads outward beyond the normal dimensions of a planchet for the 25-cent coin."
Hey Fred.....the Travel Channel just reran that "Secrets of the United States Mint" show you appeared on for the Discovery Channel as an expert on error coins back in 2001. Must be nice to never grow old!!!!
I think they had the one ounce Platinum Proof Eagles (called dollars) worth $850 each. Where can I buy some at that price??????
TD
Numismatist. 54 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. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
Yea, Tom, it's on here in L.A. in just over an hour, on the Travel Channel.
My beard was darker 7 years ago.........oh well.......
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.
"government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
<< <i>Hey Fred.....the Travel Channel just reran that "Secrets of the United States Mint" show you appeared on for the Discovery Channel as an expert on error coins back in 2001. Must be nice to never grow old!!!!
saw that too! and tv DOES NOT MAKE YOU LOOK TEN POUNDS HEAVIER!
"government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
<< <i>Hey Fred.....the Travel Channel just reran that "Secrets of the United States Mint" show you appeared on for the Discovery Channel as an expert on error coins back in 2001. Must be nice to never grow old!!!!
saw that too! and tv DOES NOT MAKE YOU LOOK TEN POUNDS HEAVIER! >>
Hey, my mirror makes me look 20 pounds heavier.......
Numismatist. 54 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. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
Tom, TV might not make me look 10 pounds heavier, but my DCA (Dark Chocolate Addiction) certainly does..........
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.
"Will Monroe dollars on quarter planchets enter circulation Feb 14?"
This is the latest tagline on the CW website this morning. This is really being pushed considering the Mint states (according to other sources) they've recovered them all.
If there are enough of these to go around like the Wisconsin quarters we could have a great little error. Not one where you have to look at the edge to see if there's doubling or a smooth edge. Those are fine but hard to enjoy when in a folder or slab. This Monroe quarter/dollar would really stand out.
Ren, I believe the Headline in the Numismatic News article on-line says "All Coins Recovered", but if you read the article, the Mint press release says just that coins found were returned to the Mint, not ALL errors....
Everyone's been reading the Headline, and passing over the actual wording of the press release.
It's still too early to know what will happen towards the end of the week; even if most or nearly all, of the errors were returned, and LARGE quantities might not get out, I still have to believe that A FEW will be found.
What's "A Few" ? could be a small handfull, a few hundred, or ??
We'll have to wait....
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.
Yes, I'll be in Phoenix for the ANA show next month...
Stop by and say hello - I haven't yet placed all the user names here with your real names...........
I'll have some real nice errors there too !
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.
For years a highlight of my ANA show (been to every one since 1975) was to walk up to Fred's table and say "OK Fred, knock my socks off!" and then look at his neatest new error toys. He seldom disappointed me! TD
Numismatist. 54 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. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
<< <i>Any bets on how long til the first is found?? A day-week-never?? Will it have a silver finish like a quarter?? >>
If there are any Monroe "quarters" out there, they will quickly be found because they will stand out immediately. Unlike the "extra" this or that types which may take months, this error could be found within a few days.
<< <i>Do you think they would be more likely to end up in rolls or in those bags of 250 that the mint sells? >>
Exactly.
Ren >>
I would think a bag has a higher chance of an error because the rolling machine might kickout irregular coins.
The question is; does all this happen in the same place ?? If there are a couple batches of errors, would they be split between bags and rolls, and would they be split between "Mint" products and rolls that goes out to the banks ??
Thanks for the clarification to this message thread. I've tried to explain it 2-3 times I think...you did a great job.....hopefully it will be clearer to those reading the thread.
The Mint Press Release stated that the coins were returned to the Mint.
However, it didn't say how many were returned, and that the possibility is still very strong, imo, that --some-- will still be found in Dollar Rolls, etc.
We'll have to wait a week or two to see if the number found is 1, 100, or ??
In any case, it's an extraordinary situation, that's never occured before (to my knowledge), that the Mint made so many tens of thousands (as per reports) of Offf-Metal errors at once.
Even the numerous 1979-1980 Nickels on Cents weren't even close to this number!
It should be quite interesting starting on Feb.. 14th !!
By the way, I've bought two Bricks of P Mint Monroes that have been shipped to my yesterday (Friday)....I just hope they arrive before I leave for Long Beach, but that's doubtful... yes, some $1,000 boxes have already been released, a full week before the official release date of 2/14.......
Fred >>
Without reading the next 3 pages, would it be possible to know if a roll contained a smaller diameter coin without opening the roll? Perhaps an X-ray at the airport.
Leo
Back to reading.
The more qualities observed in a coin, the more desirable that coin becomes!
Comments
they are struck on quarter planchets.
think about the likelyhood of quarter planchets struck with monroe dollar dies leaving mixed with dollar struck on normal planchets....that's an EASY OFF METAL error to spot......
quarter planchet fed into presses where the quarter dies were SWAPPED out with monroe dollar dies (as stated in the articles released) leaving in ballistic bags of QUARTERS>>>>>
hmmmm.......same metal, same size, seems logical they leave in those bags.
vendor rolls quarters, no problem with rolling machines jamming, rolls look good, on weight, etc.......except someone notices the strike.....with the wrong design/denomination..........
entirely possible. IMO.
The Monroe dies are larger than the quarter dies so doesn't the metal spread beyond the size of the quarter?
Just asking...I'm not sure if I'm getting the picture.
Ren
In the scenario you describe (presses meant to strike quarters had Monroe dollar dies mistakenly installed) the quarter collar would interfere with the dies the very first time they tried to strike a coin. IF the collar was changed at the same time as the dies, then the resulting off-metals would be significantly larger in diameter than a normal quarter, and the riddling operation would have culled them out as broadstrikes. There is no way tens of thousands of them could have escaped the Mint to a rolling facility.
What actually happened, as explained by Fred Weinberg, is the following: the Mint has a group of five or six presses that are fed planchets from a common source. The planchets are manufactured in a different area of the production floor, and automatically conveyed to the presses. For simplicity, let's call the planchet production room "Point A" and the gang of coinage presses "Point B". That day the presses were striking quarters, and at the end of the quarter production run the entire line was changed over to strike the Monroe dollars. So at "Point B" the dies, collars, feeding fingers, etc. were changed, and at "Point A" Mint workers started producing dollar planchets to feed into the presses.
However, a mistake was made, and the conveyor system that carries the planchets from "Point A" to "Point B" was not purged of quarter planchets. As a result, when production started up tens of thousands of quarter planchets were fed into coinage presses set up to strike the Monroe dollars.
Meanwhile back at "Point A", tens of thousands of dollar planchets were being loaded and chasing the quarter planchets to "Point B". As the struck coins come off the presses, they are gathered onto another conveyor and dumped into a ballistic bag. These ballistic bags are not like the Mint bags of old; they are enormous and must be moved by forklift, as they weigh several tons when filled. Since it was the first production from a line freshly converted to strike dollars, a brand new empty ballistic bag was waiting to receive the off-metal strikes. Those were then immediately buried by coins struck on the correct planchets.
Now these presses are capable of striking twelve coins a second, or 720 coins a minute.. and there were at least five of them running. That means more than 70,000 off metal dollars could have been produced in just 20 minutes... and ten minutes later, they would have been hidden by 35,000 normal strikes dumped over them in the ballistic bag, making visual identification of the error coins nearly impossible. The next set of eyes to see the coins would be the rolling facility as they emptied the bags, which is where the error was caught.
So in summary, there is no possible way these off-metal errors will be found in State Quarter rolls. Whatever gets out will be in Monroe dollar rolls.
Sean Reynolds
"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'Connor
<< <i>The mint issued a press release stating that all the misstruck coins were recovered, so that none have been accidentally released into circulation. >>
Anyone want to bet that the mint is lying?
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
Thanks for the clarification to this message thread. I've tried to
explain it 2-3 times I think...you did a great job.....hopefully it
will be clearer to those reading the thread.
The Mint Press Release stated that the coins were returned to the Mint.
However, it didn't say how many were returned, and that the possibility
is still very strong, imo, that --some-- will still be found in Dollar
Rolls, etc.
We'll have to wait a week or two to see if the number found is 1, 100, or ??
In any case, it's an extraordinary situation, that's never occured before (to my
knowledge), that the Mint made so many tens of thousands (as per reports)
of Offf-Metal errors at once.
Even the numerous 1979-1980 Nickels on Cents weren't even close to this number!
It should be quite interesting starting on Feb.. 14th !!
By the way, I've bought two Bricks of P Mint Monroes that have been shipped to my
yesterday (Friday)....I just hope they arrive before I leave for Long Beach, but that's
doubtful... yes, some $1,000 boxes have already been released, a full week before
the official release date of 2/14.......
Fred
Thanks for that great clarification.
Fred
Thank you for your expertise. And, while you are at Long Beach, I could save you some time and go through that brick if you want.
Ren
you seem to be so sure of yourself when no one really knows what took place and none have been found by the public yet.
the possibility of these coins being in quarter rolls exists, as well as them being in dollar rolls.
your argument of the est. 70-140,000 coins not being spotted being dumped into ballistic bags is amusing.......we are talking about 70,000 to 140,000 coins here!!!!!!!!
if the mint employee fell asleep maybe this can happen. any final checks on how much FACE VALUE was put into those big bags? are they WEIGHED? that would also be FAR off and be pulled before leaving a facility.......
even more amusing is the vendor wrapping dollars and quarters together in rolls - have you ever tried doing so, with more than 1 quarter.....a MESS.......that quarter better sit still in the center of that roll, ripped rolling paper ensues, etc....
you are so sure but your theory has a lot of holes in it.
Thus, it maintains the high probability something like this will always happen again and again within the Mint's various production lines across the country.
Maybe that is good.
Fred, I am sure in your special area there will always be plenty of supply variants heading your way.
<< <i>The mint issued a press release stating that all the misstruck coins were recovered, so that none have been accidentally released into circulation. >>
Do you have a copy of that "press release?" I know that the Mint answered questions put to it by CW and NN, but there is no press release in the Pressroom of the Mint's website.
Fred, some people just won't listen to logic no matter how many times you repeat it to them. As you said, we tried.
TD
And, even a Mint press release isn't gospel. All we have to do is hark back to 2005 with their explanation on how the Wisconsin quarters got extra leafs.
This thread has been full of speculation, educated theories and hyperbolies (and of course, fun.)
Ren
I'd still like the quote from Coin World, if you ever feel like posting it.
Sean Reynolds
"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'Connor
These will not, can not be in quarter rolls.
ErrorsOnCoins
Ren
You johnny come lately's know everything but haven't found one shred of evidence supporting your opinion, no one has found one of these yet outside of the contracted vendors facility, but you have all the answers.
It's amazing people can't handle another OPINION on the subject, you all rest your laurels on those collars being installed and that production run being perfectly readied for dollars when it just completed a huge quarter production run,
I accept that your opinion is reasonable, BUT, it is not the only situation that could play out......
Don't add additional details to the story, it says nothing about those presses being properly readied, all it states is "Qtr dies were mistakenly switched out for Monroe Dollar Dies and Quarter planchets fed in", were you there?
That's all we know.........and even at that, it's the story of a CW reporter, and we know they have been wrong before.
www.numismaster.com
<< <i>I admit I can't match your 35 years of knowledge. >>
TD
Also, "The planchet for the quarter dollar is thinner than the planchet for the dollar coin before striking. When struck by the dollar dies, the dollar coin may become thinner at the edge as the metal of the coin spreads outward beyond the normal dimensions of a planchet for the 25-cent coin."
Ren
edited for CW date
an error like that could be used as a cymbal
micro-splash
I think they had the one ounce Platinum Proof Eagles (called dollars) worth $850 each. Where can I buy some at that price??????
TD
All Monroe ‘quarters’ recaptured
NN Link
Travel Channel.
My beard was darker 7 years ago.........oh well.......
found this.
<< <i>Hey Fred.....the Travel Channel just reran that "Secrets of the United States Mint" show you appeared on for the Discovery Channel as an expert on error coins back in 2001. Must be nice to never grow old!!!!
saw that too! and tv DOES NOT MAKE YOU LOOK TEN POUNDS HEAVIER!
Watch there will be 100's of thousands of these errors.
<< <i>
<< <i>Hey Fred.....the Travel Channel just reran that "Secrets of the United States Mint" show you appeared on for the Discovery Channel as an expert on error coins back in 2001. Must be nice to never grow old!!!!
saw that too! and tv DOES NOT MAKE YOU LOOK TEN POUNDS HEAVIER! >>
Hey, my mirror makes me look 20 pounds heavier.......
but my DCA (Dark Chocolate Addiction) certainly does..........
Velocity, Not Valuation Defines A Bubble.
<< <i>Tom, TV might not make me look 10 pounds heavier,
but my DCA (Dark Chocolate Addiction) certainly does.......... >>
:
LOL;
This is the latest tagline on the CW website this morning. This is really being pushed considering the Mint states (according to other sources) they've recovered them all.
If there are enough of these to go around like the Wisconsin quarters we could have a great little error. Not one where you have to look at the edge to see if there's doubling or a smooth edge. Those are fine but hard to enjoy when in a folder or slab. This Monroe quarter/dollar would really stand out.
Like CW says, we'll have to wait and see.
Ren
Ren, I believe the Headline in the Numismatic News article on-line says
"All Coins Recovered", but if you read the article, the Mint press release
says just that coins found were returned to the Mint, not ALL errors....
Everyone's been reading the Headline, and passing over the actual
wording of the press release.
It's still too early to know what will happen towards the end of the week;
even if most or nearly all, of the errors were returned, and LARGE
quantities might not get out, I still have to believe that A FEW will be found.
What's "A Few" ? could be a small handfull, a few hundred, or ??
We'll have to wait....
Fred,
Is it true that you will be attending the ANA Money Show in Phoenix?
I've dealt with you on eBay for over 5 years now, and if you're attending, I would love to stop by and finally meet you
Stop by and say hello - I haven't yet placed all the
user names here with your real names...........
I'll have some real nice errors there too !
Ooh, nice errors, eh? That means that I would probably be stuck at your table for a few hours
Dad and I will bring some errors with us, and hopefully enough money!
Thanks
TD
You wouldn't believe how long it took to get him to sit still for this.
Ren
A day-week-never??
Will it have a silver finish like a quarter??
<< <i>Any bets on how long til the first is found??
A day-week-never??
Will it have a silver finish like a quarter?? >>
If there are any Monroe "quarters" out there, they will quickly be found because they will stand out immediately. Unlike the "extra" this or that types which may take months, this error could be found within a few days.
Ren
<< <i>Do you think they would be more likely to end up in rolls or in those bags of 250 that the mint sells? >>
Exactly.
Ren
<< <i>
<< <i>Do you think they would be more likely to end up in rolls or in those bags of 250 that the mint sells? >>
Exactly.
Ren >>
I would think a bag has a higher chance of an error because the rolling machine might kickout irregular coins.
The question is; does all this happen in the same place ?? If there are a couple batches of errors, would they be split between bags and rolls, and would they be split between "Mint" products and rolls that goes out to the banks ??
<< <i>Sean,
Thanks for the clarification to this message thread. I've tried to
explain it 2-3 times I think...you did a great job.....hopefully it
will be clearer to those reading the thread.
The Mint Press Release stated that the coins were returned to the Mint.
However, it didn't say how many were returned, and that the possibility
is still very strong, imo, that --some-- will still be found in Dollar
Rolls, etc.
We'll have to wait a week or two to see if the number found is 1, 100, or ??
In any case, it's an extraordinary situation, that's never occured before (to my
knowledge), that the Mint made so many tens of thousands (as per reports)
of Offf-Metal errors at once.
Even the numerous 1979-1980 Nickels on Cents weren't even close to this number!
It should be quite interesting starting on Feb.. 14th !!
By the way, I've bought two Bricks of P Mint Monroes that have been shipped to my
yesterday (Friday)....I just hope they arrive before I leave for Long Beach, but that's
doubtful... yes, some $1,000 boxes have already been released, a full week before
the official release date of 2/14.......
Fred >>
Without reading the next 3 pages, would it be possible to know if a roll contained a smaller diameter coin without opening the roll? Perhaps an X-ray at the airport.
Leo
Back to reading.
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Ren