Lot 1069
1871 Two Cents. MINT ERROR. NCS graded Details of About Uncirculated damaged. Struck on a 5 cent planchet - 4.8 gr. This handsome and rare error was featured in an earlier Stack's sale, where it was described as "Dusky matte nickel gray with some faint striations. Solidly struck upon the hard nickel planchet, all design elements present though some areas show flatness, nearly perfectly centered upon the oversized five-cent planchet with more than half of the denticles present, those on the left side of both obverse and reverse. Several short, heavy scratches are present at the base of the obverse shield, one of which affects the 7 of the date, and a tiny circular dig is noted to the left of the date. This "damage" almost certainly remains from a crude attempt to determine the composition of this most unusual and very rare coin.
"Wrong planchet errors are among the most avidly collected among all mint errors, with many of the more unusual pieces having been classed as patterns over the years as well. Nearly all known wrong planchet errors consist of a coin struck on a planchet intended for a smaller denomination, unlike this piece struck upon a slightly larger than normal planchet intended for a higher denomination coin. Only two examples of this error, a two-cent piece struck on a nickel five-cent planchet, have been reported, though this is the only example we know of to have been offered publicly. Major errors on 19th century type coins are beginning to garner the attention and value levels they deserve based upon their rarity. This prize could be the centerpiece of any collection focusing on misstruck coins or the two-cent denomination."
Estimated Value $8,000 - 9,000.
From Stack's "The Classics Sale" lot 602, realized $10,350.
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