@spacificproducts wrote:
You not only know about coins you know about the machines that make them. A question there's a lot of chatter out there about 2015 16 17 Lincoln cents that due to the cleaning wash at the mint. It's left most of them with watermarks spots that don't come off and if you find any of them in a clean Clear mint state not proofs. They are worth quite a bit to series collectors market.
The key to understanding error coins is pretty much understanding the minting process. There's a lot of stuff on eBay and elsewhere sold as "error coins" that could never be produced as the result of the minting process (and therefore are just damaged).
These dimes... I suppose it's fair to call them "error coins", since they missed a step in the production process that produced a somewhat defective coin. The problem is, they just look like poorly struck dimes, and I don't think there's any demand for them, so I just spend them. I've never read anything about them in any literature, but I think it must be some oddity of the dime that the Type 1 blank will fit into the collar. I think the Type 1 blanks that get struck for other larger coins end up producing broadstrikes or partial collar strikes (railroad rims) since they won't fit into the collar.
On the modern cents... I don't know... that's just the chase for the MS-70 coin grade, I don't have any feel for how many might have escaped the spotting problem, but the mintages exceed 10 billion, so I'm thinking there are probably more perfect coins out there than there are people willing to pay big premiums for them, in the long run.
The Floggings Will Continue Until Morale Improves.
.JPG){kind=link}
