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- From jlorenzo@ob.ilww.com Thu Sep 19 13:51:10 2002
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Date: Thu, 19 Sep 2002 20:51:07 -0000
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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 . - 2002-09-19
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