Collectors' Clearinghouse: Off-metal, wrong stock errors: Exceptionally rare, often cryptic
- Published: Apr 12, 2013, 8 PM
A wrong stock error emerges when a strip (coil) of coin metal intended for one denomination is sent through a blanking press punching out blanks for a different denomination. The resulting blanks are eventually struck with the design and denomination appropriate to the diameter of the blank. A quarter dollar struck on a planchet punched from dime stock would be one example (Collectors’ Clearinghouse, Feb. 20, 2012).
The vast majority of wrong stock errors involve a blank with a metallic composition no different from the denomination it eventually carries. For example, after 1964, a dime, a quarter dollar and a quarter dollar struck on dime stock all have a copper-nickel clad composition. Only a few off-metal, wrong stock errors have been identified. This makes intuitive sense, because it’s easy to mix up coils that are identical in every respect except thickness. But a coil whose surface or edge color deviates markedly from the normal coil will usually be detected.
The best known off-metal, wrong stock error is represented by fewer than a dozen 1987-P Jefferson 5-cent coins struck on copper-nickel clad quarter dollar stock (see photo). Since quarter dollar stock is thinner than 5-cent stock, these coins are predictably and consistently underweight at 4.2 grams (a normal 5-cent coin weighs 5 grams).
Our next Jefferson 5-cent coin carries no date and was struck off-center on a copper-nickel clad planchet, the unstruck portion of which terminates in a straight clip. The copper core is visible on both the planchet’s unstruck edge and along the outer margin of the struck tongue where it has extruded past the surrounding clad layers. Although its weight, diameter, and thickness have not been recorded, Jon Sullivan reports that its diameter seems to match that of a 5-cent planchet and its thickness seems consistent with quarter dollar stock. I suspect the blank that became this coin was derived from the leading edge of the same strip that gave rise to the 1987-P Jefferson 5-cent coins.
A number of other coins (many from the 1990s, and mostly 5-cent coins) are struck on anomalous clad or purported clad planchets. However, their size, weight and general appearance do not match the expectations for stock belonging to any known clad denomination (Collectors’ Clearinghouse, Feb. 13, 2012).
The last off-metal, wrong stock error is the most complex. Recently brought to light by Fred Weinberg, it’s a 1971-D Washington quarter dollar struck off-center on a quarter dollar-sized, straight-clipped blank that weighs 2.4 grams. Numismatic Guaranty Corp. lists its composition as 80 percent silver and 20 percent copper. This metal ratio is found in the clad layers of half dollars struck between 1965 and 1970 and in physically identical half balboa coins struck on behalf of Panama by the San Francisco Assay Office between 1967 and 1972. As expected, darker core material is asymmetrically exposed along the edge of the coin’s unstruck upper corner. The grayish core presumably shares the 79 percent copper and 21 percent silver ratio found in the similarly gray cores of silver-clad half dollars.
It turns out that this 1971-D quarter dollar was not simply struck on obsolete half dollar stock or contemporary half balboa stock. Thickness of the unstruck portion looks about the same as a quarter dollar blank (1.75 millimeters). It would appear that a coil of coin metal intended for 1970-D half dollars or 1971 half balboas was mistakenly rolled to quarter dollar thickness and labeled as quarter dollar stock. This coil was eventually fed into a blanking press punching out quarter dollar blanks.
One of those blanks made it as far as a quarter dollar press. The straight clip indicates that the blank is probably derived from the leading edge of the strip.
The scenario I’ve presented is not as unlikely as you’d think. Since 1965, the Denver Mint facility has been the primary source for wrong stock errors, along with generic rolled-thin and rolled-thick errors.
Wrong stock errors from the period surrounding this particular error include 1970-D and 1971-D Washington quarter dollars struck on dime stock, 1970-D Roosevelt dimes struck on quarter dollar stock, and 1971-D Kennedy half dollars struck on quarter dollar stock. Rolled-thin errors of varying severity affect silver-copper clad half dollars in every year of their production except perhaps 1970, when they were produced solely for Uncirculated Mint sets by the Denver Mint.
Coin World’s Collectors’ Clearinghouse department does not accept coins or other items for examination without prior permission from News Editor William T. Gibbs. Materials sent to Clearinghouse without prior permission will be returned unexamined. Please address all Clearinghouse inquiries to firstname.lastname@example.org or to 800-673-8311, Ext. 172.
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