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  • From jlorenzo@ob.ilww.com Thu Sep 19 13:51:10 2002
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    From: "njcopperjohn" <jlorenzo@ob.ilww.com>
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    I agree with chatter having 0% premium overall. Can not be negative
    all the time particularly to someone who has been treating me real
    good lately,anyway ----- A coin should be at least 5% off-center for
    the word premium to enter into the final price equation for colonials
    as the machinery makes chatter pretty common (IMO). I for one and
    forgetting about Anton (NE collector) for a minute also love errors.
    Only because these were "hand-fed" into the screwpress and this type
    of error then adds something special to the colonial as it is truly
    an error or more specifically a human (worker) error and not so much
    a machine-fed error as with modern coins. I was on a cloud for weeks
    after that one C4 sale with all those errors that were sold. I
    remember about 15 years ago there was information about machine fed
    type equipment used in this era in England or possibly before? but
    never seen a reference to our US colonials on this side of the pond.

    JPL






    --- In colonial-coins@y..., "mantoloking2002" <mantoloking2002@y...>
    wrote:
    > John,
    >
    > Again, I think a premium for a double struck coin is entirely based
    > on the collector. I have not noticed chatter or modest double
    > striking bringing a premium in any auction. I for one would rather
    > avoid double struck coins. I find it detracts from the coin. Others
    > love them. I also don't beleive the double struck New Jerseys are
    > that great a rarity having seen dozens and dozens of them (
    including
    > many in the Northeastern collection ). Off the top of my head, I
    > beleive both Spiro's front-line 59-o's were double struck. I must
    > have ten varieties that are double struck and I avoid them.
    >
    > A contrarian view.
    >
    > Best,
    >
    > Roger
    > --- In colonial-coins@y..., "njcopperjohn" <jlorenzo@o...> wrote:
    > > This modern coin error answer below may answer this inquiry into
    > this
    > > M28-L discussion. Since for this M.28-L example this has nothing
    to
    > > do with the 1955 double die cent discussion and is added FYI, but
    > see
    > > the chatter explanation. Additionally since no collars were used
    > this
    > > M28-L as does numerous M43-d's do show "frequently" this type
    > > of "slight doubling." Since chatter is the result of a loose
    collar
    > > and since we are in a time era of "no collars" then M28-L is the
    > > result of a small degree of double striking. There are various
    > > degrees of double striking in colonial coins. Usually 5% or more
    > > bring a premium even for the #1 double struck NJ the M 43-d. It
    > > stands alone as the #1 Maris variety with this form striking
    error
    > > and is very rarely seen off-center. All other Maris varieties are
    > > v.rare with double striking. You would think other Maris
    varieites
    > at
    > > the same mint as M43-d would share this quantitative phenomenon -
    > but
    > > is doesn't. This M.28-L really desrves a small premium to it
    based
    > on
    > > even this degree of double striking.
    > >
    > > JPL.
    > >
    > >
    > >
    > > Question: I have a 1999 Connecticut State quarter that is a
    doubled
    > > die coin. The doubling can clearly be seen on the tails side of
    the
    > > coin. The letters that spell Connecticut and the 1788 are clearly
    > > doubled died by looking at the coin with the naked eye.The
    doubling
    > > can be seen just about every where on this side of the coin with
    a
    > x5
    > > magnifying glass. Could this really be worth up to $1000?
    > > Answer:
    > > A "doubled die" error is not an error of striking a coin but an
    > > error in manufacturing a die. It is the die that would have the
    > > doubling. All coins struck with that die would be identical and
    > show
    > > the same defect.
    > >
    > > The doubled die effect is caused by multiple hits by the master
    hub
    > > to create a deep impression ( in a negative image) in the
    potential
    > > working die. The error comes when the hub rotates slightly so
    that
    > > the subsequent hit to the working die is out of alignment with
    the
    > > previous one. There are many instances of minor doubling on some
    > > dies, only the spectacular ones become desirable.
    > >
    > > The latest techniques are suppose to eliminate the possibility of
    > > doubled dies but then again anything is possible. For your coin
    to
    > be
    > > a doubled die there would have to be many more coins exactly like
    > > it. A more likely explanation is that the coin was struck in a
    > loose
    > > collar. The collar is a device that holds the planchet (blank) in
    > > place while the dies strike the planchet. The collar also
    contains
    > > the reeding that is imparted when the coin is struck. Coins
    struck
    > > with loose collars show "shelf doubling" caused by "chatter" when
    > the
    > > coin is struck. A workman who discovers the loose collar, simply
    > > stops the press and uses a screwdriver to tighten the collar.
    > >
    > > Since shelf doubled coins are unique they don't have the
    attraction
    > > that a doubled die coin would have. To check on this, I suggest
    > that
    > > you send the coin to the American Numismatic Association for
    > > authentication. See the CoinSite's Links page .

Source URL Date published
  • 2002-09-19
Volume
  • 1

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