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All Posts Tagged With: "gold error coin"

New Gold Indian Cent Error Coin to be Sold By Heritage at FUN

Exactly five Indian cents are known on gold planchets, according to information available. Among them are three dated 1900, this piece dated 1905, and an example dated 1906.

ha_1905_indian_cent_gold_error_120509The Judd pattern reference lists 1900 and 1907 gold cents in the section on mint errors. However, Andrew W. Pollock, III listed the 1900 gold Indian cents as P-1990 in the regular pattern section of his reference.

Pollock writes: “Listed in Judd as a mint error, but it is difficult to imagine that a Mint employee would be so careless as to feed gold planchets into a coinage press fitted with one-cent piece dies.” Pollock suggests that these pieces may have been deliberately struck for one or more collectors.

One example dated 1900 is also known in silver, from the identical dies as the 1900 gold Indian cents, suggesting they were all made at or near the same time. Rick Snow writes in A Guide Book of Flying Eagle and Indian Head Cents that “both the silver and gold examples are struck from the same dies, with light roughness on the reverse die, probably from die rust.” That all three 1900 pieces have higher weights suggests that they were specially made, perhaps without the knowledge of Mint officials.

Fred Weinberg explains that “the weights vary because in all probability, they were on planchets that might not have been filed down to the proper weight spread.” Hand adjusting of individual gold planchets continued in the Mint until circa 1910. Those three pieces are almost certainly fancy pieces made for collectors, while the 1905 and 1906 examples, on correct weight planchets, are more likely pieces truly made in error, and substantially more important as such. (more…)