Both U.S. mint errors struck at the San Francisco Mint in the 1960s were submitted to the grading service by error mint dealer Fred Weinberg of Fred Weinberg & Co. in Encino, Calif. The coins came from different sources.
U.S. Mint welcomes a fourth metal to the American Eagle bullion program. Also in this week’s print issue of Coin World, we teach our readers about what a “weak-fatty” gold coin is and why you don’t want one in your collection.
PCGS graded the two-tailed quarter dollar mule Mint State 62, while the 1968-S coin is graded and encapsulated Proof 64 .
The two-tailed Washington quarter dollar is only the third known such error struck with two Eagle reverse dies. Weinberg purchased the coin from a collector during the Sept. 7 to 9 Long Beach Expo in Long Beach, California .
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The coin is struck with convention die conjunction on the intended copper-nickel invest planchet composed of out layers of 75 percentage copper and 25 percentage nickel bonded to a core of pure copper .
The mint ’ mho slant is 5.6 grams, slightly lighter than the 5.67-gram standard .
production of the two-tailed Washington quarter dollar is believed to have been executed at the San Francisco Mint between 1965 and 1967.
Wrong composition error
The Proof 1968-S Washington one-fourth dollar is struck on a silver planchet composed of 90 percentage silver and 10 percentage copper used from 1932 through 1964 for the Washington quarter dollar. A date freeze in place, intended to help the Mint overcome a national neologism dearth, permitted production of 1964 Washington quarter dollars into 1965 .
coincident with the date freeze was a switch to a new typography for the coin. The copper-nickel clad composition was introduced in 1965 on the Roosevelt dime and Washington quarter dollar pursuant to provisions of the Coinage Act of 1965 .
The copper-nickel clothe constitution wasn ’ deoxythymidine monophosphate introduced on the Kennedy half dollar until 1971 .
The amiss planchet error weighs 6.3 grams, slenderly heavier than the 6.25-gram criterion .
It was not until relatively recently that actual errors bearing two revoke designs were authenticated .
discovery of the first two-tailed one-fourth dollar was reported by Coin World on the cover charge of the July 3, 2001, write out. Bob Wiborg from Gold ’ n Coins Jewelry in La Habra, California, purchased the mule along with respective hundred other error coins in a May 2001 sale by the California State restrainer ’ south function featuring unclaimed property from savings bank safe-deposit boxes. The error coins Wiborg purchased had been seized by the Secret Service, then returned to the department of state of California to be sold as unclaimed place .
Weinberg, on Wiborg ’ s behalf, brokered the two-tailed mint ’ s $ 80,000 sale to New Mexico collector Tommy Bolack, who owns 12 of the 16 publicly known Washington quarter dollar/Sacagawea dollar double-denomination mules .
Bolack ’ s two-tailed quarter dollar exhibits perfect coin turn alliance .
The second gear two-tailed quarter dollar, besides pedigreed to the California unclaimed property sale, was submitted to NGC late in 2001 by Abbot ’ s Coinex Corp. of Birmingham, Michigan, on behalf of an nameless node. The mint is reported to have come from another safe-deposit box whose contents were unclaimed by the same individual whose safe-deposit box yielded the first two-tailed quarter dollar.
The moment two-tailed quarter dollar exhibits medal turn die alliance, meaning the top of both sides back each other, which is 180 degrees out of rotation from normal mint die alignment .
Weinberg said he bought the two-tailed Roosevelt dime from error specialist “ Lonesome ” John Devine on Nov. 1, 2001. Devine had owned the mint since 1973 after purchasing it from a collector along with early major San Francisco Mint errors .
Weinberg submitted the dime to PCGS, which graded the mint MS-64. Weinberg said he sold the coin in 2002, bought it back from the lapp party six months ago, and sold it to another party who placed the unique while with a serious collector of error coins .