What are mint error coins?

What Are Mint-Made Error Coins and Why Are They Valuable

Mint-made error coins are coins with mistakes that occur during their production at the mint. As factories, mints rely on complex machinery and human oversight, so equipment deterioration, accidents, or even personnel interventions can lead to improperly minted coins. Although error definitions are established, new error types can occasionally be identified, especially with updates to minting technology.

Mint-error coins differ significantly from coins damaged after leaving the mint. Unlike post-mint damage, true mint errors are produced during the minting process. Coins are inspected as they’re made, and most errors are caught and removed before reaching circulation. However, a few mistakenly slip through. Today’s advanced production methods and automated counters reduce the number of error coins released.

In numismatics, the value of coins with authentic mint errors often surprises new collectors. While perfection usually raises product value, the opposite can be true for rare coins, with certain error coins fetching higher prices based on rarity and condition. Some collectors even specialize in these unique pieces.

What is a Mint-Made Error Coin?

Mint-made error coins are coins that feature visible mistakes introduced during the minting process at a government facility. Such errors are relatively rare because mints strive to make the production process as efficient and error-free as possible. However, when they do occur, mint-made errors become intriguing collectibles in the numismatic world, where a coin’s value can sometimes increase due to its production flaws. Error coins have problems such as being struck-off center, or with great thickness or too thin. Coins are made with some raised line on its surface. This is due to cracks in the die.

Why Are Mint-Made Error Coins Unique?

Error coins are highly valued among numismatists—collectors who specialize in rare coins and currency—because they reveal the complexities of the minting process and offer a glimpse into the production challenges at mints. In numismatics, these errors can increase a coin’s value, making it one of the few industries where production flaws are desirable.

Types of Mint-Made Errors

Mint-made errors occur during various stages of the minting process. These errors can be categorized based on where they happen:

  1. Planchet Errors: These occur during the production of the planchet—the blank metal disc onto which the coin’s design is struck. Planchet errors often affect a coin’s shape or thickness, creating unique physical anomalies.
  2. Die Errors: Die errors are introduced when there are issues with the die itself, which is the metal tool used to imprint the design onto each coin. Die errors often affect the coin’s design, causing distortions such as die cracks, missing design elements, or filled crevices. These types of errors can manifest as missing details or unusual lines on the coin’s surface.
  3. Strike Errors: Strike errors occur in the final stage when the die strikes the planchet to create the coin. These errors might lead to off-center strikes, double images, or other irregularities that alter the coin’s shape or design.

Examples and Classification of Error Types

Each type of error is classified by its cause or appearance. For instance, an error might be labeled based on the type of fault, such as a “clipped planchet,” “die crack,” or “off-center strike.” Some errors, like the filled die (also known as a missing design element error or strike-through), are identified by multiple names. Certain errors produce varieties, a series of coins with distinct characteristics caused by a single die flaw, whereas others, like unique off-center strikes, don’t necessarily increase a coin’s rarity.

Are All Error Coins Valuable?

Not all mint errors guarantee high value; it depends on rarity, collector demand, and the distinctiveness of the error. Coins with rare or unusual errors, especially those resulting from accidental flaws in modern minting, can become valuable collector items. Although errors caused by mint personnel are usually accidental, they occasionally occur when efforts to improve quality go astray, further adding to the uniqueness of these coins.

Planchet Preparation Errors.

Mints use long strips of metal to create blank planchets (disks) that will be struck to make coins. These blanks determine the coin’s size and shape.

Types of Planchet Preparation Errors:

Mints start by purchasing long strips of metal, which are fed through machines that punch out blank disks, called planchets. These planchets are what eventually become coins, with their size and shape determined during this initial process.

Blank Planchet Errors:

CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=109324101
CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=109324101

A blank planchet goes through two main stages: initially known as a “Type-1” blank, it becomes a “Type-2” blank after the edges are shaped to form rims. Occasionally, these blanks avoid the striking process and enter circulation without any designs, creating an unmarked, error coin.

Errors in the blanking process can occur in various ways. When the metal strip misfeeds through the machine, it sometimes results in partial blanks or “clipped” planchets.

Clipped Planchet:

CC BY-SA 3.0, https://en.wikipedia.org/w/index.php?curid=47101830

Clipping can take different forms, such as straight or curved edges, with curved clips often showing a distinctive distortion called the Blakesley Effect on the opposite rim.

Planchet thickness errors are another type, where blanks are either too thin or too thick, causing the coins to be underweight or overweight. This can happen if the metal strip is rolled incorrectly or if a strip meant for a different coin denomination is used.

Lamination flaws appear when impurities or internal stresses in the metal lead to peeling, cracks, or surface discoloration. In some cases, impurities trapped within the metal cause weaknesses that lead to splits.

These splits can occur before or after the coin is struck, producing different appearances: a “split before strike” displays weak designs on both sides, while a “split after strike” shows a normal design on one side and a rough, blank surface on the other.

In coins made from layered metals, or “clads,” cladding flaws are another possible error. These occur when the layers separate, peel, or fold, creating a visible defect on the coin.

Hub and Die Errors.

Damage or alterations, such as cuts, scrapes, v-cuts, or lines made to a coin after it leaves the Mint (known as post-mint damage or PMD), do not add any value. Such marks are nearly always just damage (99.99% of the time) and not Mint errors. By contrast, genuine Minting errors, like die cracks, typically appear as raised lines or marks on the coin’s surface.

Worn or dirty die do not bring any value

For exemple the “L in rim” or “L on rim” effect on a Lincoln cent is not an error. This appearance is caused by a worn or overused die, and it may seem more prominent on heavily circulated coins. This flaw does not increase the coin’s value.

Missing letter or number “In Cod We Trust” is also not an error. This misinterpretation often results from the font style, wear on the die, a small amount of grease in the die, circulation wear, or a mix of these factors. A slightly distorted G is a common occurrence and does not add any value to the coin. A missing

In the minting process, mints use “hubs,” which bear raised images similar to those on the final coin, to imprint these designs onto steel rods that become “dies.” These dies then strike the blank planchets, turning them into coins. Errors involving hubs and dies can happen at various stages: during the creation of the dies, when they’re installed in presses, or as the dies wear down over time. Although modern quality control reduces visible errors, minor die flaws can still pass inspection and reach circulation, sometimes even with notable defects like the famous 1955 U.S. Lincoln cent with a doubled image.

A common type of hub and die error is the fundamental die-setting error, which occurs when a die is set incorrectly. For example, in 2013, the Central Bank of Ireland issued a commemorative coin misquoting a line from James Joyce’s Ulysses. This oversight, despite multiple warnings, highlighted the impact of die-setting errors.

Missing mintmarks, dates, and other design elements

Missing Design Elements are another type of hub and die error. These occur when parts of the design, like dates or mint marks, are absent from the final coin. Missing elements may result from mistakes in the die itself or from striking issues. For instance, a tilted or misaligned die may fail to imprint the design fully onto the planchet, creating a partial image. Foreign materials, like grease, can also block parts of the die, resulting in what’s known as a “filled die” or “strike-through” error, where sections of the design do not appear on the coin.

4o

The coin collector should need to know where to find coins, how to determine their value and how to store them properly. The coin collection is easy with the proper knowledge and resources. Every coin has two sides OBVERSE and REVERSE. Obverse is referred as head. It is the main side of a coin that carrying the portrait head of the ruler or a symbol and name of the country. The reverse is denoted as the back side of the coin and is called the tail. It describes the price of the coin with year and mint mark. Mint-made error coins are the coins with errors made during the minting process. They are the results of accidents or malfunctions during the minting process. Error coins have problems such as being struck-off center, or with great thickness or too thin. Coins are made with some raised line on its surface. This is due to cracks in the die.

Error coins have been continued to be in the spotlight. The first error coins that cross the million-dollar threshold are minted in September 2010. The most common errors are discoloration of the face, chipping of the surface, broken edges, double striking, mis-stuck coins, etc. Error coins are produced on a large scale accidentally.

The mints find out these coins and put them back to melting. But some of them are escape. These defective coins are eagerly gathered by the coin collectors.

  • Some specimens of coins are found with normal design on one side and the same design on another side also. They are called as Lakhi coins.
  • Die rotation is a type of minting error on the coin in which the obverse and reverse die is rotated. Accidental error coins are more valuable to the numismatists. In modern minting system, error coins are usually very rare.

Vaor

Comments

2 responses to “What are mint error coins?”

  1. Hey there! I’m not too deep into the numismatic side of bullion, but I’m intrigued about whether I should consider sending a possible error 2016 British sovereign I recently received from JM Bullion to a grading service.

    It seems this error might be classified as a “fin error.” One side of the coin protrudes about 2mm, while the other side is 1.7mm at its shallowest. The weight also slightly differs, measuring 7.991 compared to my other sovereigns at 7.982. However, it does pass the ping test and maintains the correct diameter. I’m fairly confident it’s a legitimate sovereign with a mint error.

    Upon inspection, I notice a larger rim on the right side of the obverse and a deeper strike on the reverse. Moreover, in the photo, you can see that the dots around the rim nearly vanish toward the top left.

    Any British Sovereign collectors out there familiar with whether this error holds value for a coin grader? Appreciate any insights!

    1. Alexandre Laurent

      Sovereigns, made of 22k gold or 916.7 purity, were exclusively minted in London, Melbourne, and Sydney. If a sovereign lacks a mint mark, it indicates it was minted at the Royal Mint, typically in London.

      Among the sovereigns I own, those with a bullion finish exhibit peculiar sharply raised edges on one side of the rim. This occurrence stems from their production as a quick and rough rendition of the coin, lacking the smooth and polished finish. However, this aspect doesn’t impact its value significantly. Despite these imperfections, a sovereign remains historically revered as one of the most universally acknowledged and accepted coins worldwide.