A collection of "Errorsr"

Eorror #25

Another clipped one but a lot earlier than any other I have. It appears to be original due to patina and wear. Also most people would not destroy a 3d a Penny / 1/2 Penny Yes but this one I doubt.

181_img_4844ss.jpg

181_img_4845ss.jpg


Thanks for looking, anyone else come across some varieties ?
 
Austacker said:
This is too show you how the pressure on one face can transfer through the coin and project on that face. This is a $1 2011 RAM head that has been Mint marked after the minting process. They have used a smaller press for this and just punched the "P" mint mark. It has left a raised area on the obverse where this has pushed through. If this was an actual Press the tonnage would be substantially higher. If one side had any weakness the other side would push through.

This is actually what causes the Spur re #2 it is King Georges beard that has been punched through ! Turn the coin around and it matches :)

#24 $1 2011 RAM ANDA "P" mintmark - Not really an error parse.

http://forums.silverstackers.com/uploads/181_img_4608ss.jpg
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where is the P? i cant see it
 
^^^ :) the "P" is on the other side of the coin (you can't see it). What it is showing is how the pressure has left a raised part now on the other side near the "ET" in Elizabeth

This is what caused the errors in the 1922 Penny error #2 same situation. More pressure on one side or inconsistent metals.
 
right! i didnt know what or where i was looking then. I can see that now. Whats your view on the $1 mules? do you think the values will keep growing or just a big crock?
 
metalzzz said:
right! i didnt know what or where i was looking then. I can see that now. Whats your view on the $1 mules? do you think the values will keep growing or just a big crock?
Click to expand...

There hasn't been any real big lots found, so I tend to think most is in circulation. The $1 series is a very popular series of coins. However the $1 mule sits outside of normal collecting being an error/mule. I believe though it will continue to prove to be popular. If I WAS going to look at one make sure you get the best quality you can as these will be harder to find. Worn coins will be more common = less return. Higher quality = Greater returns IMO

As example -

$1,295
http://www.ebay.com/itm/2000-Austra...251184896973?pt=AU_Coins2&hash=item3a7bc95bcd

$5,800
http://www.ebay.com/itm/2000-AUSTRA...150995509332?pt=AU_Coins2&hash=item232808a054

some sales - http://www.ebay.com/itm/2000-Austra...251184896973?pt=AU_Coins2&hash=item3a7bc95bcd
 
a couple of coin shop owners ive talked to dont seem to be overly excited by them, im not sure why. One shop owner in sydney i was talking to said he had a chap in a few years ago with about 100 of them. To me that blows out the supposed 600 figure people talk about.
 
I have heard a few rumours of someone having "jars" full of the $1 mules, can't bring myself to pay big bucks for one, would rather find one in change or noodling from the bank.
 
metalzzz said:
a couple of coin shop owners ive talked to dont seem to be overly excited by them, im not sure why. One shop owner in sydney i was talking to said he had a chap in a few years ago with about 100 of them. To me that blows out the supposed 600 figure people talk about.
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The actual figure is more like 6000.. When the 1st one appeared on ebay i was the under bidder at $3500.00, then the second one appeared and i was the under bidder again but this time at $3000.00 and then the next one, again i was the under bidder. This went on for about the first 6 listings, then i started doing a bit of homework and pin pointed them to Burswood casino in Perth, the following week me and a mate purchased 2 plane tickets to Perth and we spent the whole weekend looking at coins at Burswood.. It paid off cause we found 7, so the following week we went back for a whole week and found another 22..

In those days on average for every 8000 coins you searched through you would find one, that figure has increased every year to the point that you would have to search through 550,000+ to find one today.. The most any person has found is approx 320 and i know him well, i've sold a choice uncirculated and probably the finest known for just over 10K.. I also helped Greg McDonald compile the figures in his catalogue..

Cheers
 
ok Greg what you have is a Rennick ref C38A Variant that has a book value of $15 in VF condition according to Rennicks 45th Edition
nice find and a cool coin
enjoy
 
serial said:
ok Greg what you have is a Rennick ref C38A Variant that has a book value of $15 in VF condition according to Rennicks 45th Edition
nice find and a cool coin
enjoy
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Thanks - I wouldn't have know where to start looking :)
 
looking at the other fake junk they sell I wouldn't bid on it. I don't know how they would fake it but if they could they would.
sometimes you don't bid on a coin as much as you bid on the reputation of the person selling it.
 
Austacker, #8 has been affected by either acid or salt water. If the acid is weak enough it will thin the coin as well as keeping a lot of the detail.
 
gnp said:
metalzzz said:
a couple of coin shop owners ive talked to dont seem to be overly excited by them, im not sure why. One shop owner in sydney i was talking to said he had a chap in a few years ago with about 100 of them. To me that blows out the supposed 600 figure people talk about.
Click to expand...

The actual figure is more like 6000.. When the 1st one appeared on ebay i was the under bidder at $3500.00, then the second one appeared and i was the under bidder again but this time at $3000.00 and then the next one, again i was the under bidder. This went on for about the first 6 listings, then i started doing a bit of homework and pin pointed them to Burswood casino in Perth, the following week me and a mate purchased 2 plane tickets to Perth and we spent the whole weekend looking at coins at Burswood.. It paid off cause we found 7, so the following week we went back for a whole week and found another 22..

In those days on average for every 8000 coins you searched through you would find one, that figure has increased every year to the point that you would have to search through 550,000+ to find one today.. The most any person has found is approx 320 and i know him well, i've sold a choice uncirculated and probably the finest known for just over 10K.. I also helped Greg McDonald compile the figures in his catalogue..

Cheers
Click to expand...


Last I heard is that you found around 250 in WA.
:)
 
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