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(Denver Post)   Lazy US Mint employee touches off firestorm for coin collectors   (denverpost.com) divider line 71
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45965 clicks; posted to Main » on 12 Feb 2005 at 8:04 AM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2005-02-12 08:08:12 AM
heh.
 
2005-02-12 08:09:15 AM
Link is either incredibly slow or incredibly farked
 
2005-02-12 08:09:34 AM
"All of a sudden, I see this funny thing," Ford recalled. "I thought, 'My God! That is a strange-looking error."'

High octane thrills in the coin-minting industry, huh?
 
2005-02-12 08:12:38 AM
Damn..this is exciting..in other news why am I still up reading fark at 5:13am?
 
2005-02-12 08:13:25 AM
who in the hell gets a roll of quarters and looks at them with a magnifying glass? i bet this guys jerks his gerkin alot also
 
2005-02-12 08:16:12 AM
Conker and blueknight, you made me crack up. Thanks.
 
2005-02-12 08:19:44 AM
Must be sone exciting life...checking coins under a magnifying glass. Wonder if he wears his Inspector Gadget costume while he does this???
DORK!!!
 
2005-02-12 08:22:11 AM
It's a scam - the gub'ment wants to keep those coins out of circulation right away. Then the coins become pure profit.
 
2005-02-12 08:23:36 AM
Ha, this guy is such a dork, says hypermog, furiously typing at his keyboard at 5:23 am without a shirt on.
 
2005-02-12 08:26:03 AM
Ok, the words 'firestorm' and 'coin collector' do not belong in the same sentance with each other unless that sentance happens to be:

US Military 'accidently' targets coin collector convention for firestorm of death.

Are you guys with me on this or what?
 
2005-02-12 08:29:57 AM
look slike a cow licking some, um, spherical objects...and the corn cob itself is er, slightly phallic....

maybe it's just me.
 
2005-02-12 08:30:23 AM
1. Grow up a total dork
2. Get job at coin minting place
3. ????
4. Profit
 
2005-02-12 08:30:50 AM
Cue treacherous stormy night drive along slippy clifftop roads in order to alert the world of the impending danger posed by aforementioned coins.
 
2005-02-12 08:33:25 AM
A three-coin set - the regular Wisconsin quarter and the two "error coins" - can fetch about $1,100, according to collectors, dealers and websites.


$1,100 for 3 quarters? I've got a 3 dollar bill for ya....
 
2005-02-12 08:39:45 AM
You don't think $500 for a weird quarter is news?

The coin collector crowd spends a lot of money for weird coins. And the US Mint is a remarkably high-security outfit... there are very few "error coins" which leads to the high prices collectors will pay for the few examples.

Nobody has EVER found an unstruck quarter "blank" disc, for example. An authentic piece outside the mint might be worth $1,000,000 to a collector.

So they're geeks. Big deal.
 
2005-02-12 08:42:01 AM
How could a disgruntled change a die? It's impossible. It must have been deliberately done. Anyone watch "How it's made" (Discovery Channel in Canada). They have an episode on how circulation coins are stamped once in a press. It's not magic. The coin is stamped from a single die locked in an overhead press. To make any changes either the coin was stamped multiple times and it changed it's position slightly in the die holder, or it got tunred slightly in the holder. So basically, collectors are collecting coins that 1) Should have been automatically rejected. 2) Quality control went "eh", and threw them in anyway.
Only in America will somebody value someone else's sloppiness. (And Canada too. Quality control is not a source of pride).
 
2005-02-12 08:44:08 AM
Golly, I'll bet those coin collectors are really wetting their polyester pants over this one! An extra leaf, of all things!! Gadzooks!

The article on the "goat sucker" doesn't get the greenlight, but this excrement gets approved??

/going for my coffee now
 
2005-02-12 08:55:03 AM
Sounds like the treasury needs to start selling limited editions of "error" coins on eBay.
 
2005-02-12 08:58:33 AM
Hey, maybe those little buggers evolved, doncha' know.
What the hell day IS it anyway.
Ya hey dere.
 
2005-02-12 09:01:31 AM
US Mint: Where Quality Control is wafer thin.
 
2005-02-12 09:05:34 AM
I would like to state that my FIL is one of those people who go to the bank to exchange a bill to get a roll of quarters, so that he can rummage through them for the different states.
 
2005-02-12 09:09:33 AM
an extra leaf!?

BORING!!!
 
2005-02-12 09:09:40 AM
Little do they know that the "original" design -- one without extra leaves -- was the mistake! Bahahaha!

A three-coin set - the regular Wisconsin quarter and the two "error coins" - can fetch about $1,100, according to collectors, dealers and websites.

Who pays $1,100 for three quarters? Someone who wants to impress someone by saying, "I paid over a thousand dollars for these three quarters!" So you have a hobby like coin collecting... if you're rich, I guess you can just pay someone else to collect your coins. Seems to take the fun out of it all, but whatever.

I guess I'd rather be the one to sell quarters with a 1467x mark-up price...
 
2005-02-12 09:13:19 AM
I'm selling my car right now to get me one of them quarters.
 
2005-02-12 09:13:25 AM
"Ford discovered more than 100 unusual coins"
If I were Mr. Ford I would run...not walk to Ebay to sell those bad boys. This guy just supplemented his fixed income very nicely.



"Palser estimates that about 2,000 leaf-up and 3,000 leaf-down quarters have been discovered in Tucson"

Hmmm...The three coin sets are sellinf for about $1000 on ebay. It will be interesting to see what they are selling for in a year...5 years.

I will either be kicking myself in the ass or laughing at the asshats that spent $1000 on three coins.
 
2005-02-12 09:16:02 AM
ulfrikr - "Nobody has EVER found an unstruck quarter "blank" disc"

Oh yes they have. Unstruck blanks fo all coins are found. As an error it is considered common. Quarter blanks value at about $5 to $50 depending on it being the old silver or clad and condition (not scratched up).

Yes, I am a coin collector but not the modren stuff. Don't wear polyester pants either. You collect you stuff and I'll collect mine.
There are many other items that are collected that an error will have more value than a normal production run.

Artical is a repeat.
 
2005-02-12 09:22:10 AM
Couldn't help thinking of this...

My dad gave me one dollar bill
'Cause I'm his smartest son,
And I swapped it for two shiny quarters
'Cause two is more than one!

And then I took the quarters
And traded them to Lou
For three times -- I guess he don't know
That three is more than two!

Just then, along came old blind Bates
And just 'cause he can't see
He gave me four nickles for my three dimes,
And four is more than three!

And I took the nickels to Hiram Coombs
Down at the seed-feed store,
And the fool gave me five pennies for them,
And five is more than four!

And then I went and showed my dad,
And he got red in the cheeks
And closed his eyes and shook his head--
Too proud of me to speak!
 
2005-02-12 09:25:37 AM
Id be a dork any day if it meant turning $.25 into 1,000+!!! 4000 to 1 payout? get those odds anywhere else for something you don't lose money on if you...lose? It's like the lottery, except, if you dont find the defective one, you didn't lose anything!

yeah yeah yeah
 
2005-02-12 09:25:48 AM


Mmmmmmmmmkay. It's called a life, look into it.
 
2005-02-12 09:36:45 AM
I just found a penny with an extremely realistic image of "Honest Abe" on the front face.
 
2005-02-12 09:38:33 AM
"/two cents"

is there anything special about those 2 cents JUKIEx4333?
 
2005-02-12 09:39:59 AM
"Ford routinely goes to a bank in Tucson and buys rolls of coins"

Hmmm...I'm getting an idea. If the bank can "sell" rolls of coins, what's to stop me from selling rolls of coins on E-bay?

Coming soon to Ebay, the Tucson "Mystery roll" of quarters. This Mystery roll could possibly be worth over $40,000 in rare collectable coins! Don't let some other coin collecting loser out bid you...
 
2005-02-12 10:12:56 AM
They would have to be halfway across the country from the state they depict, wouldn't they?
 
2005-02-12 10:16:39 AM
I guess if you find one of those, you have a "Lucky Denver Mint"

/Jimmy Eat World
 
2005-02-12 10:23:52 AM
NEEEEEEEEEEEEEEEEEEEEEEEEEEEEEERDS!
 
2005-02-12 10:34:03 AM
Finally Wisconsin has something newsworthy.
 
2005-02-12 10:40:04 AM
Mary.. get me a penny!
Why its true... I have gained weight.
/very
//obscure
 
2005-02-12 11:09:14 AM
MrNeutron is a Marketing genius!
 
2005-02-12 11:09:53 AM
I got a couple rolls of quarters for the laundromat today. I'll have to look at the coins before I wash my stuff. One shows a wisconsin back at both ends, the other shows heads at both. Neither Wisconsins are special.

Good thing I have something to do this time. Would be sweet to score a weird coin. I could make it into a ring and have blingbling.
 
2005-02-12 11:23:03 AM
MrNeutron

Somebody already beat you to it.
 
2005-02-12 11:23:58 AM
Um....so does this make his hobby worth it? Or not? I can't decide.
 
2005-02-12 11:32:15 AM
Now if only the Wisconsin quarter wasn't so lame to begin with, this'd be even cooler.

/Wisconsinite...we have more than cows, cheese, and corn, honest
 
2005-02-12 11:48:34 AM
Hey look, its the computer dorks calling the coin collectors nerds.

BWHAhahahHAHAHahahah!1111!



/ hey wait, I'm both
/ But I went for the dork trifecta, I was also in the school Band.
 
2005-02-12 12:17:10 PM
"130 million people are collecting state quarters."

-This country needs 130 million extra women...
 
2005-02-12 12:19:25 PM
Green Bastard

-Ok, make that 130,000,001...
 
2005-02-12 12:19:31 PM
Laugh if you want but I saw on the news where one of these quarters sold for $600.00. Now that's a profit,especially on a new coin.
 
2005-02-12 12:27:56 PM
i was on the floor of the denver mint once, got to see all the minting equipment. they've since shut the tours down post 9/11. most memorable part was when we walked past some old guy sitting there with a batch of dies and a grinder, grinding the faces off. he let us hold a couple of them before the security escort freaked out and made us move on. they take security really seriously there, so it takes a lot for something like this to happen.
 
2005-02-12 12:46:04 PM
Springheel Jack-

Thanks for the Shel Silverstein reference. That was the first thing that came to my mind too.
 
2005-02-12 12:48:02 PM
Correct me if I'm wrong but I thought you couldn't "sell" any money for more than it's actual value if it was still in circulation? If thats true then aren't these people all commiting federal crimes?
 
2005-02-12 01:04:43 PM
Take a look on Ebay. There sure are a lot of coin geeks based on the amount of bidding going on.
 
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