Download as pdf or txt
Download as pdf or txt
You are on page 1of 43

Mint Error Struck On

Actual Feeder Finger


Check out
this amazing
Chile 10 Pesos Price
Double Struck Guide
on a Feeder Inside!
Finger!

Excited About Mint Errors?


Join Error World Club Volume I • Issue I • Spring 2003
errorworldclub.org minterrornews.com
Al’s Coins Dealer in Mint Errors
and Currency Errors
a lscoi ns.com

S pecializing in Mint Errors and Currency


Errors for 25 years. Visit my website to
see a diverse group of type, modern mint
and major currency errors. We also handle
regular U.S. and World coins.
I’m a member of CONECA and the American
Numismatic Association. I deal with major
Mint Error Dealers and have an excellent
standing with eBay. Check out my show
schedule to see which major shows I will be
attending. I solicit want lists and will locate
the Mint Errors of your dreams.

Al’s Coins
P.O. Box 147
National City, CA 91951-0147
Phone: (877) 442-3728
Fax: (619) 442-3693
e-mail: [email protected]
Mint Error News
Welcome 4
Volume I • Issue I • Spring 2003
2000-P Massachusetts Quarter Struck on an 5
Publisher and Editor Experimental Planchet
Mike Byers
The Real Story Behind The Aluminum Feeder 7
Production Design Finger Find
Sam Rhazi Chile 10 Pesos Double Struck on Feeder Finger 9
Contributing Editors Is a “Double Error” Large Cent More Valuable? 11
Ronnah Johnson “Shrunken Coins” and How to Recognize Them 12
Allan Levy
Al’s Perspective on 2002 & 2003 Mint Errors... 14
Contributing Writers
James Archibald
Pattern or Mint Error? 15
Ray Gaudette • Bert Hickman
Henry Hilgard • Terry Holcomb
Wow, Error Prices Have Changed 17
Mike Moloney • J.T. Stanton
Saul Teichman • Martin Wettmark
1865 2¢ Obverse Die Cap & Brockage Sells For 18
Record Price
Advertising
The ad space is sold out. Please e-mail
Mint Error News Price Guide 21
[email protected] to be added
to the waiting list.
Where Have All of the Coins Gone? 26
Subscriptions Error World Club / Mint Error News Contest 29
For a complimentary issue please e-mail Exclusive Discounts 30
[email protected]
Eureka Trading Systems Introduces Error Section 31
Mint Error News is the official publica-
tion of minterrornews.com. All content Specific Gravity 32
Copyright 2003 Mint Error News. P.O.
Box 5090, San Clemente, CA 92674. All 1999 SBA Dollar Cap on a Struck Georgia Quarter 34
rights reserved. No part of this magazine
may be reproduced in any form without The Story Behind An Interesting Overstrike Coin 35
the expressed written permission of the
publisher. Opinions expressed in this pub- Double Struck French 5 Francs on Spoon!! 36
lication do not necessarily represent the
viewpoints of Mint Error News. This publi-
cation is distributed with the understanding
The Amazing Broken CC and Other Errors on 37
that the information presented herein is Display
from various sources for which there can
be no warranty or responsibility by the A Fascinating 1790 Mule 38
publisher as to accuracy, price or complete-
ness. Mint Error News accepts unsolicited Triple Struck Double Denom Rev Brockage Off 39
manuscripts, artwork, and photographs for
publication. Direct editorial submissions Metal -OR- Triple Denom?.... That is the Question
to [email protected] or P.O. Box
5090, San Clemente, CA 92674. All unso- Two-Headed & Two-Tailed Coins 40
licited material will not be returned.
PRINTED IN THE U.S.A. Frequently Asked Questions 42

Page  minterrornews.com
Welcome
W elcome to Mint Error News, bringing
the latest mint error news and
information to the collector.
ANACS (www.anacs.com) is one of the
three major grading services. They have been
authenticating, certifying and encapsulating
mint errors since 1991 which is years longer
The focus of the magazine will be on than the other two grading services combined.
articles, features and discoveries of major ANACS is highly respected in the Numismatic
mint errors (striking errors) from the United Community and has extensive experience in
States and around the World. The website authenticating mint errors.
minterrornews.com was launched on February
4, 2003. Mint Error News is sponsored by The two major contributors are Tim
Mike Byers and ANACS. Bullard (errorcointrader.com) and Allan Levy
(alscoins.com). Because of their combined
Mike Byers (mikebyers.com) has been experience and insight of the error coin
a Professional Numismatist since 1978. He market, they will bring valuable news and
specializes in U.S. and World errors, and is information to Mint Error News.
now the largest dealer of the world’s rarest
mint errors. His new discoveries of major We encourage collectors and dealers
mint errors has been front page news for to submit articles and photos of major mint
years. Mike Byers is also a Consultant to errors that we may feature on both the website
ANACS for Mint Errors. and the print version of Mint Error News.

Page  minterrornews.com
2000-P Massachusetts Quarter
Struck on an Experimental Planchet
T his discovery is unique.
It is the only known 2000
dated State Quarter struck
Unique Discovery Coin
on an experimental planchet.

The original discovery of the


1999 State Quarters struck on ex-
perimental planchets was featured
in a front page Coin World article.

There are approximately 15


known 1999 State Quarters struck
on Experimental Planchets. All five
states in the 1999 series (DE, PA, CT,
GA and NJ) have been discovered.

These Experimental
State Quarters have sold for as
high as $10,000 each, depend-
ing on which state, the coin’s
condition and which type of ex-
perimental composition was used.

There are four known


types of experimental composi- Here are a few “telltale” signs to determine if you have discovered a
tions which have been discovered State Quarter on an EXPERIMENTAL PLANCHET in circulation:
so far on 1999 State Quarters.
• WEIGHT - The weight on ALL of these discovered so far is
• Type #1 - This type OVERWEIGHT - varying from 5.9 grams to 6.3 grams.
has the “color” of a Sa-
cagawea Dollar and has • SIZE - It is slightly THICKER than a regular State Quarter,
the copper center core. due to the heavier planchet.

• Type #2 - This type has the • COLOR - So far, the pieces discovered are either the same
“color” of the Sacagawea “color” of the Sacagawea Dollar, or have a slight “green hue”
Dollar but does not have to them.
the copper center core.
• LOOK - The edge is slightly rough and may have a higher rim
• Type #3 - This type has around part of the edge.
a slight “green” color and
• EDGE - Some of these do NOT have the center COPPER
has the copper center core.
CORE.
• Type #4 - This type
• STRIKE - None discovered so far are proof-like in the fields.
has a slight “green”
color but does not have • REEDING - Some of these have incomplete reeding.
the copper center core.
continued on page 6
Page  minterrornews.com
2000-P Massachusetts Quarter Struck on an Experimental Planchet from page 5

These coins were analyzed


by scanning electron microscophy
with energy-dispersive x-ray spec-
troscopy (SEM-EDX) to determine
alloy composition. The predomi-
nant metal is copper, followed by
zinc. There are also small percent-
ages of manganese and nickel.

PCGS and NGC have both


authenticated and certified these
1999 State Quarters as being
struck on experimental planchets.

In a recent Freedom of
Information Act (FOIA) request
for copies of any reports and test
results, the Department of the
Treasury acknowledged that “the
U.S. Mint conducted engineer-
ing and metallurgical tests as
part of its development of an al-
loy for the Golden Dollar”, but
would not release any information.

This unique discovery coin is


currently owned by a private
collector who wishes to re-
main anonymous. It is for sale.
Please direct serious inquiries
to: [email protected].

Northeast Numismatics has an impressive inventory of over 1,200 U.S. and foreign coins. We have a strong selection
of mint errors, both U.S. and foreign. And we carry every area of United States coinage from colonials through rare
gold including type, commemoratives, silver dollars and much, in addition to our extensive inventory of world coins.
Northeast Numismatics
10 Concord Crossing, Ste. 220 High quality “fresh” coins are what we are known for and take pleasure in offering. We constantly are hearing from
Concord, MA 01742 our customers about our excellent prices and high customer service. 2003 is our 39th year of business, so order with
800-449-2646 complete confidence. Also, please keep in mind that we are always buying coins of all kinds, certified and uncertified,
www.northeastcoin.com to fill our want lists.

Page  minterrornews.com
by
Mike
Byers

After a recent tour of the


US Mint at Philadelphia,
it was discovered
that the minting
process had changed
to some degree. One of the changes
was that aluminum “feeder fingers” were used during
the striking of all denominations of US coins. continued on page 8
Page  minterrornews.com
The Real Story Behind The Aluminum Feeder Finger Find from page 7
This is not a new discovery. Let me back
up five years, and explain the sequence of events.
In 1998 I was the first major mint error dealer to
discover, purchase and sell a new type of striking
error.

First, I discovered a few 1998 Quarters that


were struck on aluminum scrap. Then in 1999, I
purchased a few State Quarters struck on aluminum
scrap. This was a “new metal” that U.S. coins were
being struck on. This aluminum scrap was obviously 1998 Washington Quarter on Aluminum Feeder Finger Tip
produced as a by-product of the minting process.
But no one, including myself, could put a “finger”
on exactly where in the minting process this was
occuring.

There are a few U.S. coins struck on


aluminum scrap prior to 1998, one that is dated as
early as 1970. It is a Dime on a partial aluminum
scrap planchet. I’ve only handled five or six pre-1998
“on aluminum scrap” mint errors. These are not to be
confused with this new striking error, which occurs
because the Schuler Presses have aluminum “feeder 1999 CT Quarter on Aluminum Feeder Finger Tip
fingers.”

The only “new discovery” is the proper


designation that is now going to be placed on the
insert tag of the slab. Originally, two of the three
major grading services (ANACS and PCGS), decided
to designate this type of striking error as being struck
on aluminum scrap.

Since then, all U.S. denominations were


appearing that were struck on this new aluminum
scrap. I have handled these on Cents, Nickels,
Dimes, Quarters, State Quarters, SBA’s and Sac’s. 1999 CT Quarter on Aluminum Feeder Finger Tip

Now, after a recent tour of the Mint by a few


dealers, the grading services are deciding on the
designation and description for these coins struck on
feeder finger tips.

I sold some of these aluminum coins that


were struck on feeder finger tips to mint error
collectors and to other error dealers. You will find
a few of these in their inventory. I kept some of the
largest and most dramatic pieces for myself and they
are not for sale. I will have a few of these displayed 2000 Sacagawea Dollar on Aluminum Feeder Finger Tip
in my showcases at future coin shows.

Page  minterrornews.com
Chile 10 Pesos Double Struck on Feeder Finger
by Mike Byers

T his unbelievable Mint Error is the cover story. It is a 1998 Chile 10 Pesos double
struck on the actual feeder finger!! This is one of the most incredible and spec-
tacular Major Mint Errors that has ever surfaced.

After reading about the U.S. Coins struck on feeder finger tips, one can ap-
preciate this piece even more because it is completely intact and did not break off.

Bill Snyder of worlderrors.com sent an e-mail to me after visiting


minterrornews.com. He is a collector of world errors and read about the group of
U.S. Coins struck on feeder finger tips. He asked me if we would feature this amaz- This 10 Pesos design was
ing feeder finger error. After several conversations, I finally convinced Bill to part struck at the Santiago Mint in
with his prized posession and was lucky enough to purchase it on the spot. I am not Chile from 1990 thru 1998. A
going to sell it, but since it is too incredible to keep secret and locked in my safe, regular piece has a composition
both Bill and I are proud to share it with the readers of Mint Error News. of Nickel/Brass.

Page  minterrornews.com
Extraterrestrial Numismatics

w w w.a n a cs.c om
ANACS is the Collector’s Choice because we
know what counts: knowledge, integrity, and
service. How much we value coin collecting is
evident in our work.

The ANACS team enthusiastically works to


advance coin collecting by offering unequaled
expertise and developing new services.

This makes ANACS the choice of hobbyists,


professional numismatists, and dealers. We are
the coin grading service to contact when you
want to know all the details about your coin’s
authenticity and grading.

Collect with passion.


Is a “Double Error” Large Cent
More Valuable? by Henry Hilgard

A nice group of error U.S. Large


Cents, including some 26
off center pieces dated from 1795
(where a mistake may lead to a
clipped blank) and striking the coins
(where a mistake may lead to an off
(good), had similar surfaces (nice),
and were about the same percentage
off center (20%). Both pieces were
through 1855, was sold by Superior center) are independent activities in purchased by the same large cent
Galleries in the ANA auction sale the sense that a clipped blank isn’t dealer.
of August 2002. One of these off more likely to become an off center
centers, the 1829 piece shown below, piece. Second, we will assume that What to make of the
is a “double error”, possessing an less than 1 in 100 existing large relatively small premium paid
additional error feature, namely cents are struck off center, and that for the double error 1829? One
the clip that appears on the coin at less than 1 in 100 existing large factor may be that these double
approximately 6:30 on the obverse cents have clipped planchets. If our error pieces aren’t as rare as these
and 11:30 on the reverse. assumptions are correct, the chance numbers would suggest because our
of finding a double error like this assumptions are off. But probably
How rare is this “double one is less 1 in 10,000 large cents (1 more important, no one seems to
error” large cent in comparison to in 100 times 1 in 100). Wow, what a collect large cent “double errors”
“single error” off center large cents? rarity! as a category, which is a way of
To the best of my knowledge, no one saying that the marketplace just
has made a study of auction records So you think it sold for doesn’t place much value on rarity
and sales records that would help a bunch of bucks? This coin (lot of this kind. All of which adds up to
to answer this question. But even 2509) sold for just 33% more than an good news for error collectors who
without this information, we can 1830 (lot 2513) that lacked a second don’t have to empty out their bank
estimate the rarity by starting with error feature but was otherwise accounts in order to own and enjoy
some assumptions. First, we will very comparable. These coins an occasional coin with more than
assume that punching out the blanks were approximately the same grade one error feature.

Page 11 minterrornews.com
“Shrunken Coins” by Bert Hickman
and How to Recognize Them
What are they? contain hidden defects that are not “dies” of pure magnetic force!
readily apparent. During the shrink-
Shrunken coins are genuine ing process, the inner and outer lay- Prior to shrinking, a coin
coins that have been reduced to 65- ers may partially detach, resulting is carefully centered within a coil
95% of their original diameter using in a very strange looking “mutant of insulated copper wire. The coil
huge magnetic fields. Over the last coin”, such as this Kentucky state is then bolted securely to heavy
year, we began offering shrunken quarter. electrical conductors inside a bul-
coins as educational, scientific, and letproof blast chamber. Using a
coin collecting novelties. A sig- high voltage energy source, a huge
nificant number of these are now current is abruptly forced into the
in the hands of experimenters and coil, creating an ultrastrong pulsed
collectors throughout the world. magnetic field. The peak current
Shrunken coins have been featured through the coil may be greater than
in Coin World (November 25, 2002) 120,000 times the current drawn by
and in the January-March, 2003 is- a typical 100-watt light bulb. This
sue of Extraordinary Technology Do you suppose there might rapidly changing powerful magnet-
magazine. This article will briefly be a market for “error” shrunken ic field also induces an even larger
explain how these unique coins coins?? current to flow within the coin. The
are produced and how they can be current flowing within the coin can
recognized so that they won’t be How are they shrunk? easily exceed one million amperes,
confused with true error coins. causing the coin to become a power-
Everyone has played with a ful electromagnet as well.
pair of permanent magnets and felt
how strongly they attract or repel The magnetic fields of the
each other. Although the forces coil and the coin violently repel each
that repel small magnets may ap- other, resulting in almost unimagi-
pear quite strong, magnetic fields nable forces that easily overcome
that are thousands of times stronger the yield strength of the metal in the
can be created by forcing an elec- coin. These forces evenly squeeze
Are there any shrunken error tric current through a coil of wire, the coin inward, almost instantly
coins? forming a powerful electromagnet. shrinking it into a smaller diameter
Increasing the current increases the while simultaneously causing it to
We don’t shrink error coins magnetic field, and a really huge become thicker. These same forces
since the shrinking process re- current can create an ultrastrong also drive the coil outwards, causing
lies upon symmetry for balancing magnetic field. Magnetic fields of it to explode in a potentially deadly
forces. It would also be a shame to this magnitude have the ability to spray of high velocity wire frag-
further alter rare error coins. How- overcome the yield strength of any ments. All this takes place in about
ever, once in a while the shrinking metal. Although it may be hard to 20 millionths of a second, and is
process fails to work properly on a believe, a properly-shaped ultra- accompanied by a bright blue-white
coin that otherwise appears normal. strong magnetic field can actually flash and a loud BANG! When the
For example, clad coins sometimes reshape a coin using only invisible dust settles, a hot and shrunken coin

Page 12 minterrornews.com
rests at the bottom of the cham- Coins with higher features, such as radiating Luders Lines.
ber. Amazingly, the features of a proof coins, tend not to work as well
shrunken coin are fully preserved in as circulating coins. Coins or tokens
spite of its explosive birth. with centered holes often result in
the hole partially or entirely closing.
Does the shrinking process work The outer and inner parts of bimetal
on all coins? coins often shrink to a different de-
gree, causing the center to loosen
The process works very well and sometimes be completely freed Finally, certain features of
with most US and foreign coins and from the outer ring. a coin may actually shift relative
metal tokens. to one another, particularly in clad
How can shrunken coins be rec- coins. This effect can be seen in the
ognized? close-up view of the shifted state
motto in the Delaware state quarter
The most obvious char- pictured below.
acteristic is their smaller diam-
eter. Shrunken coins have the same
weight and density as a normal coin,
but they are thicker. The copper cen- Other coins, such as this
Although the process uses ter of US clad coins is a much better Sacagawea dollar, show a minimum
magnetic fields, the coin’s electri- electrical conductor than the outer of feature shifting and Luders lines.
cal conductivity determines how copper-nickel layers. This causes
well it will shrink. Metals that are the center to shrink a bit more,
good electrical conductors, such as becoming indented similar to the
copper, silver, aluminum, or gold, filling in an Oreo cookie. Because
work best. Poorer conducting cop- the coin’s features cause slight force
per-nickel alloys or plated steel imbalances, the coin’s rim may also
coins may shrink only slightly. become slightly scalloped. All three
While older 90% silver coins such of these effects can be seen in the
as Morgan Dollars work very well, before and after scan of the edges of Need more information?
coins with only 40% silver content a quarter.
may lose surface features due to Stoneridge Engineering is
their lower melting temperature. the exclusive source for “Electro-
Coins with metals of lower melting magically” shrunken coins. Custom
temperature, such as copper plated shrinking is also available. For
zinc pennies, are simply destroyed more pictures and information visit
in an explosion of molten zinc. www.teslamania.com.
Previously mirror-like sur-
faces acquire a frosted appearance
due to microscopic dislocations
in the surface of the metal. Also,
faint lines, called Luders Lines, America’s Coin
may radiate from the center of the Supply Distributor
coin, reflecting localized plastic Thousands of Products
deformation during the shrinking Always in Stock
process. An interesting example is
this Kennedy clad half dollar, where Wholesale Inquiries
Kennedy’s bust appears “haloed” by 1-800-575-4007

Page 13 minterrornews.com
Al’s Perspective on 2002 & 2003
Mint Errors...
by Al Levy

I recently wrote about why


there were not any 2002
errors being offered for sale.
quire the first coins of the year.
We do not choose to stockpile
thousands of errors of the
counting rooms are unable to
dispose of their large quantity
of older inventory, will they be
Magically a group of these ap- same date. We would like to willing to wholesale their vast
peared on eBay. The mint er- fill “want lists” with the new holdings to dealers?
rors listed with a small reserve years’ coins while retaining
or no reserve sold between some for our inventory. While at the recent Long
$5.50 to $37.00. Not all of the Beach Expo, collectors were
lots that sold were properly de- Now, counting rooms willing to pay higher prices
scribed and some had no bids. seem to be playing the deal- for the dates needed in order to
ers’ roles. The demand for the fill “holes.” These better dates
The 2002 Statehood older error coins have dried are still in high demand. The
Quarter errors were offered up. I estimate that the total 1¢ 1969 off center and broad-
for sale at the beginning of group of errors dated 1999 to strike are on everyone’s “want
the year. The same sequence 2001 total over a quarter of a list.” The one that appeared on
started in 2003. This was an million. If the counting rooms eBay sold for $227.50. I think
early indicator that the missing cannot dispose of these, they this was a bargain.
denomination (25¢) of errors are stuck with them. If the new
were available but were being years’ errors become available, Time will tell how many
held back. A 2003 Cent was then the previous coins are less of the missing years’ errors
listed on eBay this past month, desirable creating a downward will surface, and what the true
another indicator that these trend. Each week a small group market value will be.
new coins are now available. of these get listed. Notice that
the same pictures from the pre-
Dealers have always vious lots are reused, and not
paid a small premium to ac- all lots sell. Assuming that the

eureka trading systems

eurekatrading.com
Page 14 minterrornews.com
Pattern or Mint Error?
by Saul Teichman

A 1876 Indian Cent was recently offered in a


Superior’s January 2003. It was encapsulated
by PCGS as a J1451/P1597 - a regular dies trial piece
Those struck on the smaller 3 Cent Nickel
planchets, as on the 1881 illustrated piece above, will
show some of the peripheral design missing whereas
struck in nickel. those struck on one of the foreign planchets such as
the 1877 below will appear full-sized.
This piece is actually one of several pieces
listed in the pattern references that is, in reality, a The following table list the years where at least
mint error struck on a planchet intended for use in the some or all of the known nickel/copper-nickel pieces
production of coinage for another country. are actually mint errors.

It is believed that this piece and the 1877 Date Pollock Judd Additional Comments

illustrated below (J1495-6/P1648-9) were struck on 1865 P473, J404, Judd reports one on 3 Cent
P475 J406 planchet probably ex Bluestone
Venezuelan 1 Centavo planchets. These pieces should 10/37
weigh approximately 36-37 grains. 1869 P745- J669- AW826, Taxay reports 2 pieces
P746 670 on 3 Cent Nickel planchets
The Judd, Pollock and Adams and Woodin 1871 P1177 N/A Pollock lists one on 68.25 grain
books contain many listings for Indian Cents struck planchet.
in either nickel or copper-nickel that are not patterns. 1872 P1321, J1180, Judd reports one on 3 Cent
These pieces, especially those after 1876 from business P1323 J1182 Nickel planchet ex Gable, Olsen,
Lohr, and another at 49 grains
strike dies, are actually mint errors struck on either 3 (Columbian 5 Cent?) also ex
Cent Nickel planchets or one of the following foreign Gable, Olsen sales
planchets: 1873 P1398 J1257 ex Gable, Olsen sales - 49 grains
(Columbian 5 cent?)
Country Denomination Diameter Weight Composition 1874 P1491 J1347A the one listed in Pollock has not
been available for study
Venezuela 1 cent 19 mm ~36.5 grains copper, 1876 P1597 J1451 believed to be struck on
nickel, zinc Venezuelan 1 Cent planchets
Dominican 5 cent 18 mm 32.4 grains copper 75%,
1877 P1648- J1495- Struck on Venezuelan 1 Cent
Republic nickel 25%
P1649 J1496 planchets
Columbia 5 cent 20 mm 48.8 grains copper 75%,
nickel 25% 1879 P1776 J1583 see Lohr FPL, Federal Brand
10/61
Nicaragua 5 cent 19.8 mm 44.8 grains copper 75%,
nickel 25% 1881 P1868 J1664 AW1657, on 3 Cent nickel
Haiti 5 cent 19.8 mm 44.8 grains copper 75%,
planchet
nickel 25% 1884 P1932 J1723A Probably struck on either a
Costa Rica 10 cent 18 mm 30.9 grains silver 90%, Haitian 5 or Nicaraguan 5 Cent
copper 10% planchet

Other dates not listed may also be as well.


We recommend collectors examine these pieces
carefully. If any of our members have additional
information on these, please e-mail Saul Teichman at
[email protected].

Page 15 minterrornews.com
Mint Error News welcomes Error World
Club as a new sponsor to the website
and magazine. Jim Archibald (Laz),
Ray Gaudette (Surok) and Michael
McMahan (mmac) will be contributors.
They are dedicated collectors with years
of experience and bring a fresh outlook
and perspective to Mint Error News.

errorworldclub.org
Join Today

Page 16 minterrornews.com
Wow, Error Prices Have Changed
by Tim Bullard

I remember buying my first off-center


penny for 35 cents in 1973. My best
friend’s dad had been collecting errors
to the credibility of error collecting.
Then eBay came along and you could
find errors from the comfort of your
the future, an off center penny will be
worth $128 in 2028. My English off-
metal cap is harder to predict because
and would show us his recent purchases. desk at 2 AM. And you could find they have not caught up with the rest of
A double denomination Quarter on a others who wanted to buy anything the market and there is so much more
Dime for $200, a Franklin on a Dime you that you had to sell. That made a room for them to move. Using the same
for $250. Wow those were cool, but that huge difference in the value because formula as the off center penny, my off-
was a lot of money to an eleven year you could now sell the coin to someone metal English die cap would be worth
old. A mini bike was 35 bucks and that else who actually wanted it. In the old $3,200.
took a lot of car washing back then. days if I wanted to sell an error I had
purchased that I no longer wanted, if The difference today from
When I wanted to find errors I went back to the dealer I bought it 30 years ago is that we now know
most coin stores didn’t carry them and from he would offer me 75% of what that people want errors. There is an
the term for them was a “fido.” A real I paid for it. Ebay has helped change incredible demand and very limited
dog, a freak. They couldn’t be graded all that. It has done what no other form supply. It is the hottest segment of
because they were so messed up. Most of advertising or marketing could do numismatics today. They are now
people didn’t want anything to do with before. certified by all the major grading
them. I remember calling around to services whom have followed in
coin stores and asking for errors and What I do wish is that I could ANACS’ footsteps and started grading
getting met with a chuckle, “Oh, you have had the foresight to buy the double them too.
are one of those guys, we don’t carry denominations and off metal Franklin’s
any of that kind of malarkey here! This and all the really cool stuff back in the The Mint has almost
is a respectable establishment.” They old days. It was more of a pure love of eliminated the release of errors. This
thought I was nuts. We would get bags error collecting back then because you is due to the new Schuler Presses and
and rolls from the bank and go through weren’t sure you could get your money the quality control procedures that
them until we were cross-eyed, which back out of these coins. Franklin off have been implemented. An off-center
at that age could take days. World metals went for over 10k last year. penny from 2002 sells for $600. Will
errors were something even worse. Double denominations are becoming I be laughing at what seems to be the
Nobody but the very few even knew harder to acquire and are more valuable. high price I am paying for U.S. errors
they existed much less wanted anything World errors are still plentiful and today? Will I be hysterical about the
to do with them. cheap and the best bargain around. I price I am paying for world errors? Due
recently purchased an off metal capped to the limited supply, high demand and
Things have changed die English error for $200. If that same the increasing popularity in collection
dramatically in the past 10 years. coin was a U.S. error it would surely mint errors, I’m confident that these
In 1991 ANACS was the first major cost thousands. prices will be considered cheap. I also
grading service to certify error coins. derive much personal pleasure from
Wow! I could actually get errors that If we use the same formula this hobby, which is really why I collect
were certified! That was a major move today from 30 years ago and look to at all.

uspatterns.com
The Society of U.S. Pattern Collectors is dedicated
to the study of many of the rarest coins struck at the
U.S. Mint: patterns, die trials and experimental pieces.
Page 17 minterrornews.com
1865 2¢ Obverse Die Cap & Brockage
Sells For Record Price
T his spectacular 2¢ Die Cap traded hands
three times at the Long Beach Coin Show
last week, and set a record price.

Last year in a Bowers and Merena Auc-


tion, a different 2¢ Cap sold for approximately
$15,000. The Cap featured in this article is
considerably deeper, will not fit in a holder at
the grading services and has a brockage on the
reverse of the obverse.

It was purchased by Allan Levy from


an East Coast coin dealer who had just arrived
at the show. Allan immediately located Mike
Byers at his table who purchased it on the
spot. Mike Byers then sold it to Tim Bullard
of errorcointrader.com, who is placing it in his
personal Mint Error Collection.

Mint Error News reached Michael


Faraone of ANACS who originally sold this 2¢
cap over twenty years ago as part of his Mint
Error Collection. He instantly remembered this
spectacular piece and stated that “it was one of
my all time favorite caps in my collection and I
wish that I had never sold it. It was such a deep
cap with blazing red color.”

In the future, Tim Bullard might display


this fabulous mint error with other caps that
he has. Even though a record price was paid,
he still felt it was a bargain considering that
Mint Errors are hot, this cap was very deep
and in gem condition and it also had a great
pedigree.

Page 18 minterrornews.com
Page 19 minterrornews.com
BUYING MAJOR ERROR COINS & CURRENCY
If you have a single major mint error coin, either a recent issue or an older
type coin, or 1,000 Off-Center Cents, please contact us. We stock over
60,000 Major Mint Error Coins and constantly need to purchase Major
Error Coins for our clientele (please note that we do not deal in or buy Die
Varieties, Damaged Coins, Doubled Dies, Filled Dies, or Die Cracks).

We do buy Major Mint Errors - such as Off-Center, Off-Metals, Double


Strikes, Clad Layers missing, Die Caps, Double Denomination, etc.

Because of the many differences in each Error Coin we request that you
send scans of your coin(s) to us for our examination and firm offer.

Postal Correspondence: Telephone/Fax:

16311 Ventura Blvd. Phone: (818) 986-3733


Suite #1298 Toll-free: (800) 338-6533
Encino, California 91436 Fax: (818) 986-2153
e-mail: [email protected]

fredweinberg.com
Mint Error News Price Guide
This price guide is brought to you by Mint Error News. It has been compiled by
many of the top major mint error dealers.
This price guide is a guide. Prices fluctuate due to the date, grade, eye appeal and how
dramatic the striking error is. Rarity is also a factor. The price is sometimes based on
the rarity and grade of the type of coin as well as how rare the error is. The price can
also vary depending on whether two collectors are bidding for the same rare major
mint error. When purchasing a mint error, it is important to use multiple resources to
determine value, as there are many mint errors that do not fit into one category.

Brockages
A brockage error can only occur when there
are two coins involved. One of the coins
involved will always be a struck coin which has
not ejected properly. That struck coin will find
its way back between the dies and will be struck
next to a blank planchet which was fed into the
collar. The image of that first struck coin will be
impressed into that side of the blank planchet.
The result will be a second coin which has im-
ages of the first coin impressed into it. Those im-
ages will be pressed into the coin and the image
will be in reverse. This incuse sunken image is
known as a brockage.

Denomination 50% Brockage XF 100% Brockage XF 50% Brockage Unc 100% Brockage Unc
Large Cent $600 $1,000 $3,000 –
Indian Cent $500 $1,250 $1,500 $4,000
Lincoln Cent 1943 Steel $350 $500 $650 $1,000
Lincoln Cent Wheat Ears $125 $200 $200 $350
3 Cent Nickel $1,250 $2,000 $3,500 $5,000
3 Cent Silver $2,000 $3,000 $3,000 $6,000
Shield Nickel $1,500 $2,500 $3,500 –
Liberty Nickel $1,250 $2,250 $2,000 –
Buffalo Nickel $2,000 – – –
Jefferson Nickel War Time $250 $750 $750 –
Jefferson Nickel $50 $75 $50 $150
Barber Dime $2,500 $3,500 $5,000 $7,500
Mercury Dime $1,000 $2,000 $1,500 $4,000
Roosevelt Dime Silver $100 $200 $150 $250
Roosevelt Dime Clad $50 $100 $75 $150
Washington Quarter Silver $200 $500 $500 $1,000
Washington Quarter Clad $75 $150 $150 $250
State Quarter N/A N/A $750 $1,500
Kennedy Half Clad N/A N/A $650 $1,500
IKE Dollar $1,500 $2,000 $3,000 $5,000
SBA Dollar N/A N/A $500 $1,500
Sac Dollar N/A N/A $1,500 –

Page 21 minterrornews.com
Mint Error News Price Guide
Double & Multiple Strikes

W hen a blank planchet is struck by the


dies, the normal procedure is for the
feeders to eject the struck coin out of the
collar and into a chute. If there is a malfunc-
tion and the struck coin isn’t ejected, it may
receive a second or third strike by the dies.
A multiple struck coin can happen in many
ways and have many combinations of errors.

Denomination XF/AU Unc


Large Cent $1,000 –
Indian Cent $600 $1,000
Lincoln Cent 1930 and Earlier $850 $1,500
Lincoln Cent 1943 Steel $400 $1,000
Proof Lincoln Cent N/A $4,000
3 Cent Nickel $2,000 $3,500
Liberty Nickel $4,000 $10,000
Buffalo Nickel $6,000 $10,000
Jefferson Nickel War Time $750 $2,000
Proof Jefferson Nickel N/A $6,000
Barber Dime $4,000 $10,000
Mercury Dime $3,500 $8,500
Proof Clad Dime N/A $6,000
Standing Liberty Quarter $12,500 $20,000
Washington Quarter Silver $200 $350
State Quarter N/A $350 – $750
Proof Clad Quarter N/A $7,500
Walking Liberty Half $7,500 $12,500
Franklin Half $5,000 $10,000
Kennedy Half Silver $1,500 $2,500
Kennedy Half Clad N/A $750
Proof Kennedy Half Clad N/A $7,500
Morgan Dollar $12,500 $20,000
Peace Dollar $15,000 $25,000
IKE Dollar $2,000 $3,000
SBA Dollar N/A $1,000 – $2,500
Sac Dollar N/A $1,500 – $3,000

Page 22 minterrornews.com
Mint Error News Price Guide
Off-Center Strikes

O ff-center coins are one of the most com-


mon and best known types of errors.
This happens when a blank which is sup-
posed to be fed into the press, lands in the
collar improperly. When this occurs only part
of the blank is between the upper and lower
dies. When the dies strike the blank, only that
part will be struck with a design.

Denomination 10% - 15% XF/AU 25% - 60% XF/AU 10% - 15% Unc 25% - 60% Unc
Large Cent $400 $2,500 $1,000 $7,500
Flying Eagle Cent (1857 – 1858) $2,500 $10,000 $5,000 $15,000
Indian Cent $100 $400 $200 $600
Lincoln Cent 1930 and Earlier $75 $300 $150 $750
Lincoln Cent 1943 Steel $40 $250 $100 $500
Proof Lincoln Cent N/A N/A $1,500 $3,000
3 Cent Nickel $300 $1,500 $600 $3,500
3 Cent Silver $1,000 $5,000 $2,000 –
Shield Nickel $750 $2,500 $1,000 $7,500
Liberty Nickel $250 $1,000 $500 $2,500
Buffalo Nickel $250 $750 $400 $1,500
Jefferson Nickel War Time $100 $500 $200 $1,000
Proof Jefferson Nickel N/A N/A $2,000 $5,000
Seated Half Dime Legend $3,000 $7,500 $5,000 $15,000
Seated Dime Legend $2,000 $7,000 $3,500 $10,000
Barber Dime $300 $1,500 $500 $2,500
Mercury Dime $100 $750 $150 $1,250
Proof Clad Dime N/A N/A $2,500 $5,000
Barber Quarter $1,500 $5,000 $2,500 $10,000
Standing Liberty Quarter $5,000 – $15,000 –
Washington Quarter Silver $50 $100 $75 $150
State Quarter N/A N/A $75 $300
Proof Clad Quarter N/A N/A $3,000 $6,000
Barber Half $3,000 $8,500 $5,000 –
Walking Liberty Half $4,000 $12,500 $7,500 –
Franklin Half $2,500 $4,000 $3,500 $6,000
Kennedy Half Silver $100 $500 $250 $1,000
Kennedy Half Clad $60 $250 $100 $400
Proof Clad Half N/A N/A $4,000 $7,500
Morgan Dollar $3,000 $13,500 $7,500 $20,000
Peace Dollar $7,500 $15,000 $8,500 $30,000
IKE Dollar $125 $1,250 $150 $2,000
SBA Dollar N/A N/A $100 $500
Sac Dollar N/A N/A $1,000 $3,500

Page 23 minterrornews.com
Mint Error News Price Guide
Off-Metals
O ff-metal and wrong planchet errors occur when a correctly made
blank from one denomination is accidentaly fed into a press for
another denomination. Examples are a nickel struck on a cent planchet
and a cent struck on a dime planchet. The coin struck on an incorrect
blank will weigh exactly what the denomination of that blank would
have been. An even more dramatic wrong planchet error is a coin
struck on a previously struck coin of a different metal.
Denomination Off-Metal Planchet Circulated AU Unc Choice Unc – Gem
Indian Cent Foreign Planchet $1,000 $1,500 $3,000 $5,000
Indian Cent Dime Planchet $7,500 $12,500 – –
Lincoln Cent Before 1919 Dime Planchet $4,000 $6,500 $10,000 –
Lincoln Cent Before 1919 Foreign Planchet $1,500 $3,000 $6,000 –
Lincoln Cent 1919 – 1940 Dime Planchet $2,000 $2,500 $4,000 $6,000
Lincoln Cent 1919 – 1940 Foreign Planchet $750 $1,250 $2,000 $2,500
Lincoln Cent 1943 Steel Dime Planchet $1,500 $2,500 $3,500 $4,500
Lincoln Cent 1943 Transitional Copper Cent Planchet $40,000 + $60,000 + $85,000 + $100,000 +
Lincoln Cent 1944 Transitional Steel Cent Planchet $7,500 $12,500 $17,500 $25,000
Lincoln Cent Wheat Ears (1941-1964) Dime Planchet $500 $600 $1,000 $1,500
Lincoln Cent 1965 and Later Dime Planchet $125 $150 $200 $350
Lincoln Cent 1964 Transitional Clad Dime Planchet $2,500 $4,000 $5,000 $6,500
Lincoln Cent 1965 Transitional Silver Dime Planchet $2,750 $4,500 $6,000 $7,500
Shield Nickel Foreign Planchet $7,500 $12,500 – –
Shield Nickel Cent Planchet $6,000 $12,500 $15,000 –
Liberty Nickel Foreign Planchet $400 $750 $1,250 $2,000
Liberty Nickel Cent Planchet $2,000 $3,000 $6,000 $7,500
Buffalo Nickel Foreign Planchet $2,500 $6,000 $10,000 –
Buffalo Nickel Cent Planchet $2,000 $4,000 $6,000 $8,000
Jefferson Nickel Before 1950 Cent Planchet $250 $500 $750 $1,000
Jefferson Nickel 1950 and Later Cent Planchet $125 $150 $200 $250
Jefferson Nickel 1943 Steel Cent Planchet $1,000 $2,000 $3,000 $5,000
Jefferson Nickel 1964 and Earlier Silver Dime Planchet $200 $300 $350 $400
Jefferson Nickel 1965 and Later Clad Dime Planchet $150 $200 $225 $250
Roosevelt Dime Silver Foreign Planchet $2,000 $2,500 $3,000 $3,500
Roosevelt Dime Clad Foreign Planchet $1,500 $2,000 $2,250 $2,500
Roosevelt Dime 1964 Transitional Clad Dime Planchet $5,000 $6,500 $7,500 $8,500
Roosevelt Dime 1965 Transitional Silver Dime Planchet $5,000 $6,500 $7,500 $8,500
Washington Quarter Silver Cent Planchet $300 $400 $500 $750
Washington Quarter Silver Nickel Planchet $300 $400 $500 $600
Washington Quarter Clad Cent Planchet $250 $300 $400 $500
Washington Quarter Clad Nickel Planchet $100 $150 $200 $250
Washington Quarter Silver Dime Planchet $300 $400 $500 $650
Washington Quarter Clad Dime Planchet $250 $300 $350 $400
Washington Quarter 1964 Transitional Clad Quarter Planchet $5,000 $6,500 $7,500 $8,500
Washington Quarter 1965 Transitional Silver Quarter Planchet $5,000 $6,500 $7,500 $8,500
State Quarter Cent Planchet N/A $6,500 $7,500 $8,000
Delaware State Quarter Nickel Planchet N/A $500 $650 $750
All Other State Quarters Nickel Planchet N/A $1,000 $1,250 $1,500
State Quarter Dime Planchet N/A $5,000 $5,500 $6,000
Walking Half Quarter Planchet $12,500 $15,000 $17,500 $22,500
Walking Half Foreign Planchet $10,000 $12,500 $17,500 $20,000
Franklin Half Cent Planchet $3,000 $4,000 $5,000 $6,000
Franklin Half Nickel Planchet $3,000 $4,000 $5,000 $6,000
Franklin Half Dime Planchet $3,500 $4,500 $5,500 $6,500
Franklin Half Quarter Planchet $600 $750 $1,000 $1,250
Kennedy Half Silver 1964 Cent Planchet $1,000 $1,250 $1,500 $2,000
Kennedy Half Silver 1964 Nickel Planchet $1,000 $1,250 $1,500 $2,000
Kennedy Half Silver 1964 Dime Planchet $1,000 $1,250 $2,000 $2,500
Kennedy Half Silver 1964 Quarter Planchet $400 $500 $600 $750
Kennedy Half Clad Cent Planchet $750 $850 $1,000 $1,500
Kennedy Half Clad Nickel Planchet $750 $850 $1,000 $1,250
Kennedy Half Clad Dime Planchet $750 $850 $1,000 $1,400
Kennedy Half Clad Quarter Planchet $350 $400 $450 $500
Kennedy Half 1964 Transitional Clad Half Planchet $5,000 $6,000 $7,000 $9,000
Kennedy Half 1965 Transitional Silver Half Planchet $5,000 $6,500 $7,500 $10,000
Kennedy Half 1964 Transitional Clad Quarter Planchet $5,000 $6,000 $7,500 $8,500
Kennedy Half 1965 Transitional Silver Quarter Planchet $6,000 $7,500 $8,000 $9,000
Ike Dollar Cent Planchet $3,000 $3,750 $5,000 $6,000
Ike Dollar Nickel Planchet $3,000 $3,500 $5,000 $6,000
Ike Dollar Dime Planchet $3,250 $3,750 $5,500 $6,500
Ike Dollar Quarter Planchet $2,750 $3,000 $4,000 $4,500
Ike Dollar Half Planchet $1,600 $1,750 $2,000 $2,500
Ike Dollar Foreign Planchet $900 $1,000 $1,250 $1,500
Ike Dollar Transitional 40% Silver Planchet $2,750 $3,000 $3,500 $4,000
SBA Dollar Cent Planchet N/A $1,750 $2,250 $3,000
SBA Dollar Nickel Planchet N/A $6,000 $7,000 $8,000
SBA Dollar Dime Planchet N/A $6,000 $7,000 $8,000
SBA Dollar Quarter Planchet N/A $600 $850 $1,000
Sac Dollar Cent Planchet N/A $8,000 $9,000 $10,000
Sac Dollar Nickel Planchet N/A $7,500 $8,000 $9,000
Sac Dollar Dime Planchet N/A $8,000 $9,000 $10,000
Sac Dollar Quarter Planchet N/A $1,500 $2,000 $2,500

Page 24 minterrornews.com
Byers Numismatic Corp
mikebyers.com
T he Lar ge st D e a ler of the World’s R are st M i nt Er ror s
TM

U.S. & World Major Mint Errors • Die Trials • Numismatic Rarities
Unique 1866 $2½ Struck on a 3 Cent Pair of Indian Head 1¢ Die Caps Barber Half
Nickel Planchet Obverse & Reverse Full Obverse Brockage
NGC MS 66 PCGS MS 64 PCGS AU 58 UNIQUE

Unique Set of Four 1921-S Morgan Dollar 1895-O Barber Dime


Paraguay Gold Overstrikes Struck 45% Off-Center Obverse Die Cap
NGC Certified NGC MS 63 PCGS MS 64

1846 J-110A $5 Obv Die Trial 1924 SL 25¢ 1862 Indian Head 1¢
Struck on $2½ Trial Double Struck Deep Obverse Die Cap
NGC MS 65 BN ANACS AU 55 PCGS MS 62

Unique Set of Three 1887 $3 Indian Gold Proof 1942 Walking Liberty 50¢
Paraguay Gold Overstrikes Triple Struck Struck on Silver 25¢ Planchet
NGC Certified PCGS PR 63 PCGS MS 65

Unique Jefferson Nickel 1802/1 $5 Draped Bust Gold 1865 2¢


Die Trial Triple Struck Obverse Deep Obverse Die Cap
PCGS Certified ANACS EF 45 & Brockage

1804 $2½ Capped Bust To Right 1898 Barber 25¢ 1945-S WL 50¢
Double Struck Obverse Die Cap & Brockage Struck on El Salvador 25¢ Planchet
NGC Fine 15 PCGS MS 62 NGC MS 63 UNQUE

1806 $5 Capped Bust Triple Struck 1865 $1 Indian Gold Proof 1920 Buffalo Nickel
Rotated 90° Triple Struck Reverse Struck on Copper Planchet
PCGS AU 50 PCGS PR 64 Cameo NGC AU 55 UNIQUE

1874 $1 U.S. Gold T3 1873 $20 Closed 3 J-1344 1901/0-S $5 Liberty Gold
Full Brockage Double Struck 10% Off-Center
PCGS MS 62 UNIQUE NGC PF 61 RB PCGS AU 55

1853 U.S. Assay Gold $20 1965 English Penny 1875-CC $20 Liberty Gold
Double Struck Struck on Gold Planchet Partial Collar
NGC AU 55 PCGS MS 62 NGC MS 62

Pair of Barber Dime Die Caps Franklin Half Dollar 1910 Lincoln Cent
Obverse & Reverse Struck on 1948 Cent Uniface Test Strike
PCGS AU 55 UNIQUE NGC MS 64 BN PCGS AU 58

1904 $20 Gold Indian Cent on Half Dime Planchet 1851 3¢ Obverse & Reverse
Double Struck Uniface Obverse Die Trials
ANACS MS 60 Proof-Like PCGS MS 63 Struck on Cardboard

1864 2¢ Obverse Die Cap Martha Washington Dollar Test Piece 1869 Indian Cent
Mated With Brockage Clad Plan w/Exp Edge Struck on Silver Dime Planchet
PCGS MS 62 NGC MS 64 PCGS AU 55

1856 Large Cent Obverse Cap/ Martha Washington Dollar Test Piece 1906-D $20 Liberty Gold
Brockage Reverse Sac Plan w/Exp Edge Broadstruck
Gem BU NGC MS 64 NGC AU 58

1920 SL 25¢ 1838 $5 Die Trial Splasher 1866 Shield Nickel with RAYS
Struck on Peru 20C Planchet J-A1838-6 Struck on Indian Cent Planchet
NGC MS 60 FH Unique PCGS MS 65 UNIQUE PCGS XF 45
Where Have All of
the Coins Gone? by
Ray Gaudette

The U.S. produced its first bullion value of the copper in the coin change and most likely “hid” in bu-
“coin” in 1792 and has been pumping was exceeding the face value of the reau drawers and glass jars by com-
them out non-stop for the next 200+ coin. The answer seemed to lay in the mon folks as “emergency” money and
years. For the year 2000 alone, the elimination the Half Cent and the pro- thus escaped destruction.
last year that the Redbook lists full duction of a smaller one-cent piece,
mintage figures, the mint produced which was to become the Small Cent. The Pittman Act of 1918
in excess of 22.326 BILLION of the The Law of 1857 thus mandated the
little circles of metal for circulation elimination of the Half Cent and the In 1918 the Pittman Act was
alone, not counting the numbers of minting of a smaller one-cent coin. ratified. Silver dollars were not a
commemoratives, proofs, or gold and By shrinking the size of the one-cent popular series of coinage in use in
silver coins made for other special coin, the government would use less commerce and by 1904 the U.S. had
purposes. By this account, the U.S. copper per coin and stretch it’s cop- used up its silver supply and stopped
should be awash with these little dev- per reserves further. Another chal- minting them. Under the Pittman Act
ils, but instead we periodically en- lenge was also present and that was (named for one of its principal spon-
dure coin shortages where the banks what to do with all of those large Half sors, Sen. Key Pittman of Nevada),
cannot get enough coins to meet the Cents and cents that were already in the federal government was autho-
needs of commerce. circulation. In order to kill two birds rized to melt as many as 350 million
with one stone, the government pro- silver dollars, convert the silver into
What happened to all the ceeded to recall all Half Cents and bullion and then either sell the metal
coins? Are they sitting in Grandma Large Cents from circulation as they or use it to produce subsidiary silver
and Grandpa’s cookie jars all over the became available to the banks. These coinage. It also was required to strike
country or has some bunch of shrewd coins were then returned to Wash- replacement dollars for any and all
coin dealers bought them all up in a ington to be melted and the resulting that were melted. During fiscal years
quest to corner the coin market? Sad- copper bullion would be used to strike 1918 and 1919, the U.S. government
ly to say, the answer is “neither”. The the new Small Cents. How many Half melted a total of more than 270 mil-
coins were destroyed to make way for Cents and Large Cents were recalled? lion silver dollars. The “Pittman
newer designs, less costly composi- Millions! What were their dates and coins” represented nearly half the
tions and compositions containing mints? Nobody knows, as it was not entire production of standard silver
little or no intrinsic value. What a mandated that anyone keep track. dollars (as distinguished from Trade
waste! But, how could this have hap- One story has it that mint employees dollars) made by the U.S. Mint up to
pened? Let’s revisit some key mo- were allowed to purchase some of that time. Were any records kept of
ments in U.S. numismatic history to these recalled coins for face value for the dates/mints that were sacrificed to
find out the grisly details. “numismatic purposes only”! Some the melting pot? Again the answer is
farsighted mint employees saved in the negative.
Large Cent To Small Cent (1856) uncirculated and near uncirculated
specimens from the melting pot to The Gold Confiscation Of April 5,
During the mid 1850’s, the start their own collections. We must 1933
U.S. was recovering from the Civil remember, though, that coin collect-
War and was in the midst of a severe ing was not an established hobby of In 1933, during the height
copper shortage. Because of the cop- the masses at that time and money of the Great Depression, President
per demands of the war, the price of was quite precious to the working Franklin Roosevelt issued Presiden-
copper was rising to the point that it man for purposes of food, clothing tial Executive Order 6102, which
was no longer feasible to mint copper and shelter with little to be “saved”. “forbid the hoarding of Gold Coin,
half cent and one cent pieces as the Fortunately for us, this was small Gold Bullion and Gold Certificates”.

Page 26 minterrornews.com
It further went on to state, “All per- measures. It thus began phasing silver By 1979 Nelson Bunker Hunt and
sons are hereby required to deliver on out of currency. In 1961, the Treasury William Herbert Hunt formed a silver
or before May 1, 1933, to a Federal ordered $5 and $10 silver certificates pool of more than 200 million ounces
Reserve bank or a branch or agency out of circulation, freeing silver re- of silver, equivalent to half the world’s
thereof or to any member bank of the serves held against these bills. In No- deliverable supply.
Federal Reserve System all gold coin, vember of 1961 the government also
gold bullion, and gold certificates suspended silver bullion sales by the The Hunts started buying silver back
now owned by them or coming into Treasury at the formerly fixed price in 1973 when the price was in the
their ownership on or before April of 91 cents. $1.95 / ounce range. By 19’79, the
28, 1933”. In other words, the govern- price had climbed to around $5. As of
ment recalled all gold coinage and Without the active interven- early 1980 the price had skyrocketed
currency payable in gold coin from tion of the U.S. Treasury on its be- up to the $50 range, peaking at $54.
the banks and made it illegal for any half, the price of silver quickly rose.
U.S. citizen to hold gold in the form By 1963, silver prices reached $1.29, Very quickly, a combination of
of coins or bullion. This act was fur- which was equal to the value of the changed trading rules on the New
ther given teeth when you remember silver in our coins. At $1.38/oz it be- York Metals Market (COMEX) and
that this came in the midst of the came profitable to recycle coinage for the intervention of the Federal Re-
worst depression in U.S. history when its silver content. serve put an end to the game. The
the common man barely had enough price began to slide, culminating in
money to supply food, clothing and Between 1960 and 1965 the a 50% one-day decline on March 27,
shelter for his family, much less be- Treasury sold silver to keep the price 1980 as the price plummeted from
ing able to hoard gold. Were it not stable Over the six years between $21.62 to $10.80.
for farsighted wealthy numismatists 1960 and 1965, the Treasury used 814
that violated this law, we would not million ounces of silver in coinage. What this meant for U.S. silver coin-
have the beautiful gold coins that we The silver used in coinage during this age was that all, or most of the silver
admire today. Once again, the spe- time quickly found its way into the coinage that had escaped the Trea-
cific dates/mints that were melted is hands of investors. Government steps sury’s grasp in the early 1960’s fell
unknown. to remove silver from the currency into the great melting pot as the price
had led investors to conclude that the of a common silver dime (numismatic
The Great Silver Melt (1960 price of silver would rise sharply once value $.20) soared to $2.50 and more.
– 1965) the Treasury no longer was supplying “Common” Morgan and Peace dol-
the market with such large volumes of lars died as their melt price exceeded
For quite some time the U.S. the metal and thus the investor run on $25 along with common Franklin
Treasury had been a net buyer of sil- silver had begun. Coin melt rose from And Walking Liberty Half dollars
ver, in part to keep the silver markets 10 million ounces in 1960 to 30 mil- whose melt value exceeded $12.00. I
settled and for the manufacture of lion ounces in 1965. personally viewed the melting stock
coinage. By 1960, it had become a net of some buyers, which contained not
seller as silver prices began to rise. The Hunt Brothers (1970’s) only silver dollars but also Barber
The Treasury sold 22 million ounces coinage and 3¢ silvers. BU rolls and
of silver bullion in 1960, and used As if our silver coinage had individual coins were turned in to be
another 46 million ounces in coinage. not been beaten up enough by this melted indiscriminately.
The next year the Treasury had to sell point, along came the Hunt Brothers
63 million ounces of bullion to settle of Texas. In 1973, the Hunt family of To answer the question that I posed
the silver markets and use another 56 Texas was quite possibly the richest earlier… Where are all the coins…
million ounces to replace silver coins family in America and, as a hedge the answer is GONE for the most
that had been taken out of circulation against inflation, decided to buy silver part. Except for those that survived
by investors speculating in silver. bullion. Remember, it became illegal in cookie jars, collector’s albums and
The Treasury quickly realized that to own gold in 1933 so the Hunts be- investors inventory. It is a wonder
it would run out of silver for use in gan to buy silver in enormous quan- that some dates/mints haven’t disap-
coinage and as backing against sil- tity. peared completely during all of this
ver certificates unless it took drastic mayhem.

Page 27 minterrornews.com
Byers Numismatic Corp
mikebyers.com
T he Lar ge st D e a ler of the World’s R are st M i nt Er ror s
TM

U.S. Errors • World & Ancient Errors • Die Trials • Currency Errors

Consign Your Coins to Mike Byers


Terms and Conditions

We are offering this service for error collectors and dealers alike. The reason why we are doing this is to
promote the error business through the world wide web and to connect error collectors with the coins they
have been searching for. In order to post your item on our web site: byersnc.com, you must agree to the
following terms and conditions.
1. All major U.S. mint errors are accepted if they are certified by ANACS, PCGS, NGC or ICG.
2. The approximate value of each item must exceed $1000.
3. The minimum time for any listing is thirty days.
4. Seller agrees to a seven day return privilege from date of receipt.
5. Seller agrees to use an escrow service if requested by the buyer.
6. We reserve the right to deny or cancel any listing at any time.
7. All listing are subject to prior sale.

Please do not offer us the following:


1. More than two coins bonded together.
2. Caps more than ½ inch high.
3. U.S. Errors that were obviously and intentionally struck as error coins. No impossible mint errors.

We only accept consignments of U.S. Errors that were legitimately found or released thru normal
distribution channels.
Scanning Specifications
1. Scan both the obverse and reverse of the entire holder.
2. Scan with a resolution of at least 300 dpi.
3. Save the picture in jpeg format (jpg).

Information Requirements
In addition to e-mailing a photo of your item, please include the following information:
1. Name, Address & Phone Number
2. E-Mail Address
3. Asking Price

After your item is listed, we will contact you by e-mail with any offers and questions. Once a price is
agreed upon we will handle the entire sale for a 10% transaction fee, which includes all costs (eBay fees,
grading fees, webmaster charges, postage and registration fees, insurance, paperwork, etc.).
If you have a Mint Error collection for sale or would like to sell your duplicates and do not want to consign
your coin(s), we can purchase your entire collection outright. Please contact us at [email protected].

Page 28 minterrornews.com
Error World Club by James Archibald

T he Error World Club complex was


founded on August 24, 2000 in Yahoo
Clubs, and while we aren’t the biggest by
vices to the club members as we can, and
assisting as much as possible in obtaining
information and answers needed by our
coins managed by Matt Hays. Other fea-
tures include chat rooms with weekly coin
meetings, message boards for posting and
far, we are the most active club in our cat- members. EW was designed to be a “home responding to questions, bookmarks, files
egory today on both MSN and Yahoo. base” for all collectors and dealers in the sections and much more! New members
area of Mint Errors and Variety Coinage, are always welcome, and all EW internet
We live in fascinating times with including both U.S. and World coins. services are absolutely free.
computers and the Internet breaking new
ground everyday. Technology is moving at We have since expanded into both Don’t wait to take part in a mod-
such a fast pace that it’s sometimes hard to standard issue U.S. and World coinage, ern coin club, we are always looking for
keep up with things. Things we have lived in EW4 and EW5 respectively. Currently members willing to take an active roll in
with and accepted all our lives have sud- EW has 370 members in its Yahoo! Group the club, or just follow along. If you think
denly become obsolete. The internet offers home, which we refer to as EW1 and 354 you can contribute to the club, speak up.
something for everyone, and for coin col- members in it’s MSN Community refered This is a people club and we encourage
lectors it opens up a whole new world. to as EW2. There is a specialized section members to take part! EW is a place where
for all of the variety coin collectors called members can, and do, make a difference!
There is instant access to in- “Variety Coins” (our EW3 club) which Since we’re live and interactive, you as a
formation on websites and research data currently has 141 members. member can take part in all club activities.
that was rarely available before. Internet That’s another thing that makes EW spe-
auctions allow collectors to view and bid Our two newest clubs are U.S. cial, we actually do things! Let’s change
on material they are interested in. Instant Coin Collecting, our EW4 club, which is the face of coin collecting forever by
communication is a way of life on the web, already up to 248 members and our latest breaking new ground. Be a part of some-
with many different ways to send and re- addition, World Coin Collecting, which thing special in the hobby, come check us
ceive messages including message boards now has 48 members. Both of these club out at errorworldclub.org.
on various websites, chat rooms and in- rooms are aimed at mainstream collectors
stant messenger systems. The best of all of the ‘normal’ coins. Membership is absolutely free,
for coin collectors are on-line coin clubs. and new members are always welcome!
Some of the things EW offers We are also very proud to be one of the
Error World Club is based upon collectors that have access to the internet sponsors of Mint Error News! With rising
the idea that an internet club can be better include a major informational website run costs today it’s nice to know that the best
than the on-line standard. All on-line coin by my partner Ray Gaudette. Members can things in life really are free.
clubs are free, but EW takes it one step access their [email protected] and
futher. We try to give as many free ser- there is a free auction forum to buy and sell

Contest For $1,000 Mint Error


Mint Error News will give away FREE a major mint error valued at $1,000 for
the best article written, submitted and published in minterrornews.com and the
Mint Error News Magazine.
Please make sure you have copyrights to any content that you submit. Your
article may be subject to revision. The only stipulation is that the articles
submitted for this prize are about mint errors and exclusively submitted to Mint
Error News. If you include images with your article, please use a minimum
resolution of 300 DPI.
Please submit all content to:
[email protected]
Page 29 minterrornews.com
Exclusive Discounts
Good for purchases on-line, eBay and at coin shows!

alscoins.com $10 off a purchase of


a mint error valued at
$100 or more from Al’s
Coins.
Offer valid on purchases made from alscoins.com, eBay and at coin shows. This offer is good for any purchase made in
the year 2003. One coupon per purchase. This coupon can not be used in conjunction with any other offer.

errorcointrader.com $20 off a purchase of


a mint error valued at
$200 or more from Error
Coin Trader.
Offer valid on purchases made from errorcointrader.com, eBay and at coin shows. This offer is good for any purchase
made in the year 2003. One coupon per purchase. This coupon can not be used in conjunction with any other offer.

mikebyers.com $250 off a purchase of


a mint error valued at
$2,500 or more from
Mike Byers.
Offer valid on purchases made from mikebyers.com, eBay and at coin shows. This offer is good for any purchase made
in the year 2003. One coupon per purchase. This coupon can not be used in conjunction with any other offer.

Page 30 minterrornews.com
Eureka Trading Systems Introduces Error Section
E ureka Trading Systems, the recently launched
dealer-to-dealer coin exchange, announced
that it has added an error section to its site. The
Market screens also serve as numismatic
“micro-portals”, with coin-specific links to
CoinFacts.com, eCoinage.com auction records,
member roster, which includes over 300 leading and upcoming Heritage and Teletrade auction
coin dealers, may be viewed at eurekatrading.com. lots. Additionally, requests may be made for
automatic notification of upcoming auction lots.
According to Eureka co-founder Andy
Lustig, “After discussing with Michael Byers the Eureka also offers many of the other
current state of the error market, it became clear features one would expect in a numismatic
that error dealers needed a central marketplace portal: Bulletin Boards, Forums, a Coin Show
to privately conduct large scale transactions. and Auction Calendar, and even a Help Wanted
Eureka was perfectly situated to serve that section. Inquiries should be directed to Julie
need, and we jumped at the opportunity.” Abrams ([email protected]).

Eureka features over 10,000 market screens


for various US and World coins. On each market
screen, members may view or post orders for
the given coin, with or without images. Each
screen also includes PCGS and NGC populations,
as well as Heritage Value Index prices.

Numismatic News & Rare Coin


Web Site Directory

coinlink.com
Page 31 minterrornews.com
Specific Gravity by J.T. Stanton, N.L.G.

E very weight known has a unique


weight to mass ratio. The measure-
ment for this weight to mass ratio is called
4. A container of water with a mouth large
enough for one end of the balance beam to
enter is necessary. Use pure water when-
2. Place the coin to be checked on the lower
pan. Try to stop any swaying of the pan,
though it is not essential that the pan be
specific gravity. This is one of the oldest ever possible. For best results use steam absolutely still.
and most accurate methods of testing mo- distilled deionized water. Add a drop or
lecular content of a metal. two of a wetting agent such as PhotoFlo 3. Move the balance poises on the beam to
200 or a liquid household detergent. This the right until the beam remains at exact
Many people believe that this test helps prevent the formation of air bubbles, zero balance. Start with the heaviest poise
is too complicated and/or requires costly which normally form on the coin or on the and work forward until you reach absolute
equipment to be properly performed. This suspension device. zero using the smallest poise.
is not the case. All that is needed are a few
relatively inexpensive pieces of equipment, 5. Always be certain that the scale has 4. Read the combines total weight of the
a calculator, and a little patience. However, been zero balanced before and after any poises. This is the weight of the coin in the
the more sensitive and accurate the equip- weighing operation or at any time that the air, or the dry weight. Mark that weight on
ment, the more accurate the result will be. scale has been moved from one location to a slip of paper.
another.
The following procedures were 5. Without moving the poises, remove the
printed in a past issue of The Numismatist, 6. Always depress the right end of the coin from the lower pan and place it on the
and also in a later publication of the ANA. balance beam after making adjustments suspension devise. Slowly immerse the
for zero balance or after moving poises coin in the water, being careful that there
PREPARATION (weights). are no air bubbles trapped on the coin or on
the suspension device itself.
1. Observe good laboratory techniques as 7. Do not allow yourself to jump to any
much as possible under existing condi- conclusions that might cloud your judge- 6. Move the poises back and forth only far
tions. Work slowly, carefully and accu- ment about the coin being tested. enough to return the beam to zero.
rately at all times.
8. Above all, remember that specific grav- 7. Read the new total weight of the poises.
2. Place a balance beam scale on the most ity testing is neither an exact science, nor This is the weight of the coin in water, or
stable work surface available. A solid desk the final word in determining the authen- the wet weight. Mark this new weight im-
is less susceptible to vibrations than a fold- ticity of a coin. It is simply one more tool mediately below the dry weight on your
ing table. to be used along with visual examination slip of paper.
under a good stereo microscope and mea-
3. Eliminate stray air currents as much surements of diameter and thickness made 8. Subtract the wet weight from the dry
as possible. The scale can be housed in a with vernier calipers. weight and divide the difference into the
cardboard box or other suitable container. dry weight. This is the specific gravity of
A piece of plastic draped over the opening TEST PROCEDURES the coin.
of the box can very effectively cut air cur-
rents that could affect the accuracy of the 1. Zero balance the scale exactly and care-
scale. fully.

fredweinberg.com
Page 32 minterrornews.com
Upcoming Coin Shows
April 3-6 Santa Clara Coin and Stamp Show
May 1-4 Central States - St. Louis, MO
May 28-June 1 Long Beach Coin & Collectible Expo
July 25-27 Pre Show (Before ANA)
50 years of quality Tradition: Make new friends July 30-Aug 3 ANA Baltimore
but keep the old - one is silver the other is gold.
Sept 18-21 Long Beach Coin & Collectible Expo

silve r tow ne.com Nov 21-23


Dec 4-7
Santa Clara Coin and Stamp Show
Baltimore

Page 33 minterrornews.com
1999 SBA Dollar Cap on
a Struck Georgia Quarter
by Mike Moloney

I especially like SBA and Ike


Dollar errors. This cool major
mint error is a SBA cap on a struck
denomination (struck on a struck
GA Quarter) makes it an even
cooler coin. The reverse shows a
to have it. My next purchase was 2
O/C Standing Liberty Quarters for
$60 each. Those were the “good old
Georgia Quarter. This coin is much brockage of the obverse and it is days.”
neater than my 1979 SBA on a very expanded as it struck many However it’s still a lot of
struck quarter. There are several blanks. fun to collect error coins as there is
reasons why this is one of my all always something new and the hunt
time favorites. I’m a serious collector and is never finished. As I mentioned
have been collecting error coins my main interests are SBA and IKE
This is only one of two since the late 50’s when I first Dollar Errors. Feel free to e-mail me
known obverse SBA caps. The fact spotted a 50% O/C Lincoln with a at [email protected] if you are
that it is also an off metal double mirror brockage reverse. I just had offering anything spectacular.

Saul Teichman’s I am looking for the following off-metal errors:


Wartime Nickel on a Copper Cent planchet.
Bicentennial Quarter on a Dime planchet.
Kennedy Half on a Sacagawea Dollar planchet - if it exists.
Ike Dollar on a Cent planchet.

Want List Bicentennial Half on a Cent planchet.


Bicentennial Half on a Nickel 5 Cent planchet.
Bicentennial Half on a Dime planchet.
Ike Dollar on a Nickel 5 Cent planchet.
Ike Dollar on a Dime planchet.
Ike Dollar on a Quarter planchet.
[email protected] Bicentennial Half on a Quarter planchet. Susan B. Anthony Dollar on a Sacagawea Dollar planchet.

Page 34 minterrornews.com
The Story coins. Each person who wanted one of these
was given one. Therefore, it may be wrong to

Behind An
describe the coin as a true error. To this day
approximately 10 coins are known that were
struck deliberately in this way. A few of these
Interesting coins have been offered on the market and
have been purchased by collectors.

Overstrike Coin 40 years later I made a visit to the same


Mint with a group of collectors from Go-
by Martin Wettmark thenburg Numismatic Society. At that time I
was not aware of the deliberate overstriking
The coin that illustrates this story is a that had occured 40 years earlier. A few of
1951 Norwegian 1 Kronor struck on a 1946 the group-members noticed some unstruck
Swedish 1 Kronor. Is this a “true error” or planchets that were lying on the floor. The
what is it? staff was alarmed at this discovery and even
if I had known about the overstriking that took
In 1951 a group of Numismatists were place in 1951, it probably would not have been
invited to the Royal Norwegian Mint in a good idea to make a similar proposal...
Kongsberg. This was a formal visit arranged
by Skanes Numimatiska Förening, a Swedish In the picture above you can see that
coin club located in the south of Sweden. As a the Swedish legend surrounds the Norwegian
friendly gesture to the visitors, the Mint placed King Hakon VII’s symbol. Under the symbol
some Swedish 1 Kronor coins in the Norwe- you can see the head of the Swedish King Gus-
gian coin press and struck some 1 Kronor tav V, who had passed away in 1951.

Page 35 minterrornews.com
Double Struck French 5
Francs on Spoon!!
T his is one of the most
outrageous, exotic,
dramatic and unique mint
by Tim Bullard
errors that I have ever
encountered in 25 years.

It’s a 1831 French


5 Francs. It’s DOUBLE
STRUCK on a BRASS
spoon! Most of the detail
from both sides of the
strike shows. Part of the
handle from the spoon is
still attached. In those days
(1830’s) wooden handles
were attached to a notch on
brass spoons just like this
one. It weighs 27.8 grams.

It would be fascinat-
ing to know why this was
struck. Was it a test strike
with whatever was avail-
able at their fingertips (a
spoon)? Was it made “after
hours” by a very creative
Mint Employee with extra
time on his hands?? We
will never know!! I wanted
to share this wild piece
with all of the readers of
Mint Error News.
Page 36 minterrornews.com
The Amazing Broken CC and Other Errors on Display

An interesting array of dollar errors is The Amazing Broken CC is also


currently available to be viewed on Northern displayed at all major shows that Northern
Nevada Coin’s website brokencc.com. The Nevada Coin attends. Allen Rowe, of Northern
gallery includes several off-center Morgan Nevada Coin, stated that “the reason for
dollars, a broadstruck Morgan, a spectacularly displaying the Amazing Broken CC is twofold.
broadstruck Peace dollar, an example of a First, it is to share with the numismatic
rotated reverse, a blank silver dollar planchet, community such a treasure, even if it is not for
and the Amazing Broken CC. The theme of sale. And second, it is in the hopes of buying
the error collection is Carson City errors, but more Carson City errors for the collection.”
also spans any error of dollars made 1935 or
before. Allen Rowe also stated that “although
we have more error dollars than we display,
Center stage in the collection is the you may enjoy viewing our favorites in the
Amazing Broken CC. This coin is the most online gallery.” If you have Carson City and/
dramatic error ever heard of on a Morgan or dollar errors and would like to sell, please
dollar, and beyond that it has the rare contact Allen Rowe at Northern Nevada Coin:
Carson City mintmark. If you go and visit (888) 836-5527.
brokencc.com, the Amazing Broken CC
will be displayed right on the front page.

Page 37 minterrornews.com
A Fascinating 1790 Mule

Northeast Numismatics has purchased an unusual and rare mule pattern. It’s Peck #1023, which is a 1790
½D in Proof 66 Brown NGC. It has an estimated mintage of five pieces struck and is the first one we’ve
ever seen of this type.
It was struck by the Soho Mint in England in 1790, and was designed by J.P. Droz who was a French
medalist, designer and sculpturer. This mule depicts a clothed portrait of Britannia on the obverse and a
nude Britannia on the reverse. It is struck in bronze copper with a plain edge. It is in gem proof condition
and is a very unusual mule. Interested parties, please contact Northeast Numismatics at (800) 449-2646.

Robert L. Astrich P.O. Box 981


Hempstead, TX 77445
Office: (979) 826-2221 Fax: (979)826-6566

I BUY AND SELL MAJOR ERROR COINS, ALL U.S COINS & EARLY FOREIGN CROWNS & GOLD, HIGH
GRADE CERTIFIED MORGAN & PEACE DOLLARS, U.S DATED GOLD & HI RELIEFS, EARLY 1936-42
PROOF SETS CERTIFIED & RAW.

I AM A STRONG BUYER OF ORIGINAL EARLY MINT SETS 1947-58, AND PAY STRONG PRICES FOR
ORIGINAL ROLLS OF CENTS THRU HALF DOLLARS 1954 & EARLIER. I ALSO BUY ORIGINAL BU
DOLLAR ROLLS. I AM A FULL TIME USER OF THE CERTIFIED COIN EXCHANGE AND THE COIN NET
SYSTEMS. I AM AN ACTIVE BUYER OF LARGE COIN COLLECTIONS.

ALL TRANSACTIONS WILL REMAIN CONFIDENTIAL.

Page 38 minterrornews.com
Triple Struck Double Denom Rev Brockage Off Metal
-OR-
Triple Denom?....
That is the
Question. The slab label is too small
for a full description of this fabulous
All this is on a copper/zinc
cent planchet that has expanded to a
error. At the present time, this is the size that fills a Sac dollar slab.
by Terry Holcomb only known, possible 3 denom, US
error coin. The only other known 3 The final mystery is that
denom example was recently lost in some experts believe Lincoln cent
a theft. designs are still visible under all
these other strikes. That makes this
This incredible piece shows either a full 31c piece, slabbed by
a state quarter obverse, 50% off ANACS MS 62 RED, struck on a
center, with a full incuse mirror Lincoln cent; -OR- a 30c piece on a
image brockage of Washington, Lincoln cent planchet.
50% off center on the reverse.
Unique in the entire history
Prior to the strike by the of the US mint, I acquired this
quarter dies, the planchet was amazing error in 2001 as part of
double struck by 2000-P Jefferson my state quarter error collection
nickel dies, BUT, it was flipped and as a companion to my
over between strikes. In the area Sacagawea Mule error. Inquiries
unstruck by the quarter dies there welcome. Please contact me at
are clear images of both Jefferson, [email protected].
and the Memorial, on both sides.

Page 39 minterrornews.com
Two-Headed & Two-Tailed Coins
T here are approximately twenty known
genuine two-headed or two-tailed coins
that have been authenticated and certified by
Most of these world coins that were
struck with either two obverse or two reverse
dies have been handled by Mike Byers of Byers
ANACS, PCGS and NGC. Numismatic Corp. (mikebyers.com). Two of
these are Canadian Copper Cents that were
There are only three known “Two struck with two reverse dies and authenticated
Tailed” U.S. coins: two Quarters and one by PCGS. A few others from this collection of
Dime. One of the Quarters recently sold for two headed and two tailed coins are featured
$80,000. below.

Page 40 minterrornews.com
Page 41 minterrornews.com
F A Qrequently sked uestions

I have a two headed coin. Is this a rare mint I just found a State Quarter that looks like it’s
error? If so what is it worth? golden or brass. Is this made out of the same
metal as the new golden dollar?

Chances are your State Quarter has been plat-


ed after it left the Mint. Check to see if the edge is the
What you have is called a “magician’s coin.” same color as the rest of the coin. If it is the same color,
This is a novelty piece and can be purchased at a magic the coin has been plated. If the edge is copper colored
shop. These have no numismatic value and are for en- you might have genuine a mint error. Please e-mail a
tertainment only. There are approximately twenty picture to allow us to evaluate your coin. There are
genuine two-headed or two-tailed coins that have been approximately 15 known 1999 State Quarters struck
authenticated by ANACS, PCGS and NGC. There on Experimental Planchets. All five states in the 1999
are only three known “Two Tailed” U.S. coins: two series (DE, PA, CT, GA and NJ) have been discov-
Quarters and one Dime. One of the Quarters recently ered. These Experimental State Quarters have sold for
sold for $80,000. Two of the world coins are Canadian as high as $10,000 each, depending on which state, the
Copper Cents that were struck with two reverse dies coin’s condition and which type of experimental com-
and authenticated by PCGS. These were part of a Ca- position was used. There are four known types of ex-
nadian Mint Error Collection and they have since been perimental compositions which have been discovered
featured in a front page Coin World article. so far on 1999 State Quarters.

The Software Clinic


Specializing in numismatic
website creation.
Ray Gaudette New Book - 100 Greatest U.S. Coins

[email protected] by Jeff Garrett and Ron Guth


Order your copy today!
Coi n Fact s.com

Page 42 minterrornews.com
Byers Numismatic Corp
mikebyers.com

The Lar ge st Dea ler of the World’s R are st M i nt Er ror s


TM

U.S. & World Major Mint Errors • Die Trials • Numismatic Rarities

We handle the world’s f inest Major Mint


E r r o r s a n d Nu m i s m a t ic R a r it ie s . O u r
p r e m i e r M U LT I - M I L L I O N D O L L A R
INVENTORY includes only the best,
museu m qu alit y, world class a nd exot ic
U.S. and World Major Mint Er rors and
D i e Tr i a l s . M a n y of o u r p u r c h a s e s a r e
immediately sold to our customers, and
don’t even reach our website to be sold, or
eBay t o b e auct ione d . Se nd u s you r wa nt
list, we may have what you’re looking for.

Mike Byers
P.O. Box 5090, San Clemente, CA USA 92674
Office: 949-276-7072 • Fax: 949-276-7073
Fed Ex Address only: 1001 Avenida Pico #C 612, San Clemente, CA 92673
E-Mail: [email protected] • Website Design: [email protected]
Mike Byers, Professional Numismatist since 1978
Byers Numismatic Corp. A California Corporation Since 1980
Mike Byers is a consultant to ANACS for Mint Errors

You might also like