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thatcoinguy's Blog

27 Mar 2022

Pocket Change Errors Number Four (and an addition to the family!)

| thatcoinguy

Coin number one is an off center nickel. As weird as it seems, off center coins are not as rare as one might think, and minor examples like this one can be found with a little bit of searching. An off center error occurs when a planchet (the circular blank piece of metal that is struck into a coin) is not properly centered in the collar, and the coin is stuck with the dies slightly off the exact spot the planchet is located. Many "off centers" are actually coins that have mildly been struck off center. There are many of these on Ebay, and they have no collector value at all. The rule of thumb when it comes to off centers is that part of the design HAS to be missing for it to have value to a collector. The 1975-D nickel I have pictured is a true off center because it is missing the top of "LIBERTY" and the date, "1975".

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25 Mar 2022

Pocket Change Errors Number Three!

Coins-United States | thatcoinguy

Look like this series will be an ongoing thing, because I find it fun to write, and it is nice to know to search for some varieties that you can actually find that aren't one in a million.

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23 Mar 2022

My (Late) Toner Tuesday

Young Numismatists Exchange | thatcoinguy

Toned coins are a very specialized section of collecting. Toning most commonly occurs on silver and copper coins. Gold coins are the least likely to tone, although they sometimes do due to the small amount of copper in US gold coin's alloy. Toning begins when the coin's surface comes into contact my oxygen or sulfur. Moisture, heat, and other outside factors can cause coins to tone as well. Morgan Dollars are widely collected for their vivid colors, along with other popular series such as Lincoln cents (looking at you, @CentSearcher). The reason a lot of Morgan Dollars have very special toning is that the cotton that made up the bags the coins were stored in during their time at the vault produced a chemical that, when in contact with the surface of the coins, created some lovely shades of color.This week's Toner Tuesday (or Wednesday, I guess) I don't own, but I have been shadowing the coin for a long time. Once I get a job, I will track down the owner, and tell them to name their price. The coin I am talking about is this 1881-S PCGS MS-63 Morgan Dollar with lovely hues gracing the upper obverse. It rightfully earned its "green bean" CAC sticker with its mesmerizing blue, red, and orange surfaces. It went for $475 on eBay in 2018. I would love to own this coin one day, and if you know the owner, please put me in contact with them.Keep collecting (and looking at this awesome coin),ThatcoinguyP. S. If you want to use the #tonertuesday for your posts, I certainly won't stop you!

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19 Mar 2022

Wide AM “WAM” Cents

Coins-United States | thatcoinguy

As WAM cents have suddenly come up as a topic of conversation, I figured I would make a blog out of them to keep people informed about this, as it will probably come up again in the future.

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12 Mar 2022

GSA Dollars: Part Two

| thatcoinguy

After taking inventory and splitting the dollars into categories based on condition, the first mail order period commenced on Nevada’s (the home state of Carson City) birthday, October 31st, 1972. There were eight different mail bid sales, with different dates, conditions, and time periods. The following is the list of sales in chronological order, and with details on what was sold during the sale.

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05 Mar 2022

GSA Dollars: Part One

Coins-United States | thatcoinguy

Despite the current uproar over high grade Morgan Dollars, when these historic silver dollars were first minted in 1878, and all the way through the series ending in 1921, the "Bland Dollar" as it was called at the time, did not catch on as a widespread circulating coin. In fact, the only place that these dollars circulated in the time period they were issued was in certain sections of the Midwest. Everywhere else was satisfied with the paper dollar, and didn't want lots of heavy dollar coins weighing down their pockets. Since there was no huge public demand for them, hundreds of millions of coins were stored in thousand-coin bags in the treasury vaults. The dollars were left, and forgotten. But not for long.

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