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RussellhomeVeteran Member
Posts: 280 Joined: 18 Jul 2006 Location: Mechanicsville, VA
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Posted: Tue Apr 08, 2008 11:28 am |
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I can't afford these kinds of major errors on US coins -- but wanted examples for my collection. So I sprung for Malaysian examples. Nice error coins - nicer price.
Here is a die cap - shown next to a regular example of the 10 Sen coin...
Here is a double struck 20 Sen coin - with the 2nd strike out-of-collar and off center...
Not knowing anything about Malaysian currency -- I did a little email conversing with the seller after the sale. I learned that the Malaysian Ringgit (RM) is only worth about 1/3 of a dollar (31 cents to be exact). There are 100 Sen per Ringgit – so that makes the exchange value on the double struck 20 Sen coin equal to about 6 cents. Considering that it is about the size of a U.S. quarter, I imagine they too are having issues with production costs vs. face value of coins produced. In fact, the Malaysian seller told me that the 1 Sen coin – worth only 1/3 of a cent – was discontinued and demonetized in 2008. I thought it interesting that demonetization was hand-in-hand with being discontinued. I imagine that millions of those little copper 1 Sen coins are being melted down as we speak.
So the good news for Lincoln Cent fans is... should the U.S. wait to discontinue the cent until its value is 1/3 of today’s value (as was the Malaysian 1 Sen denomination) – I guess we have about 50 years before the US Mint is forced to take the plunge.
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Ken
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mikediamondAdvanced Member
Posts: 191 Joined: 09 Oct 2003 Location: Western Illinois
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Posted: Thu Apr 10, 2008 10:36 pm |
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The 10 sen coin at top is not really a die cap (although every grading service would call it that). It's a deeply cupped broadstrike with a first-strike brockage. It takes only a single strike to create massive expansion and to cause the perimeter of the coin to curl up toward the hammer die.
_________________ President of CONECA; Host of Error Coin Information Exchange (Yahoo:Groups). Opinions rendered do not necessarily reflect those held by any organization I am a member of.
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RussellhomeVeteran Member
Posts: 280 Joined: 18 Jul 2006 Location: Mechanicsville, VA
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Posted: Fri Apr 11, 2008 2:16 pm |
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Thanks for the info Mike. I know even less about error coins than I do about die varieties.
So - was the other "previously struck" coin involved in this process most likely stuck in the collar?
Also - I've seen examples of brockage where the mirror image is crisp and clear. The mirror image on this 10 Sen lacks a lot of detail. By "First Strike Brockage", are you saying that this cup-shaped 10 Sen coin was the first coin struck against the previously struck coin -- or had that other coin taken a few hits before this one arrived?
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Ken
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mikediamondAdvanced Member
Posts: 191 Joined: 09 Oct 2003 Location: Western Illinois
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Posted: Fri Apr 11, 2008 2:54 pm |
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Yes. The brockage-maker was struck in the collar. If it was otherwise then you'd see incomplete peripheral design elements on the brockage.
Clarity of a first-strike brockage varies, depending on a lot of factors -- composition of the coins, striking pressure, deployment of collar (or lack of), etc. As far as I can tell, the brockage-maker was struck once before the strike that created your coin, and your coin was struck a single time. Solid copper-nickel coins often generate brockages that lack clarity.
I would say that 98% of U.S. "die caps" in U.S. that carry a brockage of the obverse design on the reverse face are the product of a single strike. People are fooled by the cupping, which is an unreliable diagnostic. Some die caps show no cupping while many coins that are not die caps show dramatic cupping.
_________________ President of CONECA; Host of Error Coin Information Exchange (Yahoo:Groups). Opinions rendered do not necessarily reflect those held by any organization I am a member of.
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