i read about it and went into ebay to check it out but i also am seeing ppl are selling them stating that when you hold them face up the print on edges is upside down. is this a big deal or not?
2007-03-07 07:53:48 · 5 answers · asked by daffysmiles2000 2 in News & Events ➔ Current Events
That's not an error at all. During striking/minting process, any coin having lettered edges can be struck with the letterings facing downwards or upwards, depending on how the coin planchet or blank is placed during the edge lettering stage. The only errors on the Washington Dollar that I'm aware of are edges without any letterings, multiple or doubled edge striking, missing edge alphabets, or faded/weak letterings. As for the values, I feel that it's still early to determine or set benchmarks as the dollar coins are still new and no certainty as to how common are the errors reported.
2007-03-07 15:43:22 · answer #1 · answered by silverpet 6 · 0⤊ 0⤋
According to the US Mint, the only time the rim edge direction is required one direction is when it is on a "proof". They figure by the time the G.Washington striking is done the ratio of rightside/upside should be about equal.
The best value out there is the old fashion strike error. Broad strikes and Partial collar errors are just a couple.
I'm getting ready to post a coin with a partial collar error and have yet to see any on ebay yet....fingers crossed.
My niece has a state quarter that is a double strike but the second strike is a different state. Double of the same state is valued at $1000.00. Just imagine.......
2007-03-08 21:29:12 · answer #2 · answered by freedismemberment 2 · 0⤊ 0⤋
No, it is not a big deal. The coins were made both heads and tails up for the inscription. The only coins that are a big deal are the coins that do not have the markings of "In God We Trust" etc on the side of the coin. Those coins are definately worth something.
2007-03-08 19:23:54 · answer #3 · answered by lanny24nc 1 · 0⤊ 0⤋
Yes, it is a big deal. Circulated coins with errors are worth much more then their face value. For instance, there are 1955 pennies out there that were double stamped (date) and are now worth a million dollars each. Conditions vary price. Remember, the last wheat-back penny was in 1958.
2007-03-07 16:04:45 · answer #4 · answered by Magic Guy 3 · 0⤊ 0⤋
yes it is a very big deal.
2007-03-07 20:56:55 · answer #5 · answered by Anonymous · 0⤊ 0⤋