Coinsandcanada.com

Any comments on this find? We're new to collecting and came across this one sorting a real old jar of Canadian coins (although this one isn't old Thanks!

Hello and welcome!

Zoomed picture for the errors specialists.

Welcome to the Forum.
Not an error, what you have is a damaged coin known as PMD (Post Minting Damage).
This could not have happened during the striking of the coin which is the only time an error can occur.
In the future, please show a photo of both sides of the coin. This can sometimes help in the assessment.
Feel free to post photos of any other coins you may have a question about.

Here is the back. Thanks for your help!

coinguy wrote: ↑

Mon Feb 08, 2021 11:27 am

Not an error, what you have is a damaged coin known as PMD (Post Minting Damage).

Wrong, this is legit. This is what is called a "mis-aligned die" or MAD. Most frequently this happens with the hammer (reverse) die from coins going back to the early 1960s, but on newer strikes (after 2004) you can also see mis-aligned anvil (obverse) dies - I suspect with the use of newer presses perhaps?

Anyhow, this striking error happens when the anvil die is still centred to the collar die, but the hammer die is not perfectly lined up. Of course, there is a range of acceptable tolerances for alignment, you often see folks selling normal coins with very slight misaligned dies on eBay. But this is beyond acceptable tolerances. I have one similar to this, of the same year.

It's not a huge "wow factor" error, and in the condition it is in, it is probably worth only $5 or so. A mint state version would probably be worth $25 at the most. Like most errors, the higher the degree of misalignment, the more it is worth.

Whenever I look at a coin or bill that someone thinks is an error, I ask myself, could I make this damage myself? In this case, I don’t think I could without damaging the beading. So I agree with SPP, he is one of the experts here and you can trust his opinion fully.

Thanks for the comments! Very helpful.