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Off center coins ???

Idahobound
I was looking at off center struck coins. How do they make it out of the mint? Are they sold that way or do they make it into circulation?
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Comments

7 comments

Date Votes
  • yoshmyster
    Yes. They get past the mint or a kid gets gramp's collection to buy "candy" (nose, arm or Snickers).
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  • mrmike08075
    While a certain amount of error coins are bound to enter circulation...

    Modern quality control systems and cameras and scanners and computers make the percentage infinitesimally small...

    Unfortunately many of these so called error coins are produced by mint workers deliberately - and many are counterfeit produced by criminals

    Jmho

    Mike
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  • Idahobound
    How would one that is way off of being round make it into a roll?
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  • victorj19
    quote:Originally posted by Idahobound
    How would one that is way off of being round make it into a roll?


    Obviously they cannot make it into a roll. Coins leave the mints in bags or, for collectors, in sealed plastic containers. IIRC, the bags are shipped to the Federal Reserve banks and then to commercial banks which roll the coins. The banks would set aside the error coins if an employee doesn't snap them up first and replacing them with good coins.
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  • mnrivrat48
    A number of years ago I met a young man who worked at a Federal reserve bank. Bags of coins would come in from the mint. He monitored the counting machine and cleared any coin that jammed or was rejected.

    He was suppose to turn them in each day, but had a hand full that I bought from him. They included A flying Eagle cent which is thicker than the later pennies, some planchets with nothing on them, some with various degrees of off center, some with bulges on the edge with partial strikes, some with clips out of them, and some with multiple strikes.
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  • toad67
    quote:Originally posted by Idahobound
    How would one that is way off of being round make it into a roll?



    Believe that the op meant coins that were struck, but not centered on the coin itself (the head would be to one side or the other, not centered on the coin) rather than being out of round.
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  • pickenup
    Some of these (mis-struck/double-struck) coins are worth a bit.
    A friend of mine wanted to borrow $1,000 to buy ONE penny.
    He later showed me a penny that he spent $10,000 for.
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