The Transitional Error Coin
The Transitional Error Coin
Error coins are the little misfit coins that everyone wants to get their hands on. An error coin can cost anywhere from a few cents, to hundreds of thousands of dollars. There are actually error coins out there with price tags over 1 million dollars! I promise, if you look around, these expensive coins are easy to find. Look on sites like eBay and Amazon, they are everywhere! Out of all the different types of error coins out there, there are a few that always cost more than the others. A transitional error coin is one of those types of errors.
So, what is a transitional error coin?
A transitional error coin is a favorite of many. You have probably heard of error coins like the 1943 copper penny or the 1944 steel cent before if you have ever looked into error coins at all. Well, these coins are very popular because of their value. They are also referred to as wrong planchet errors because they were struck on the wrong coin blank (or planchet). But many people do not know that this is also considered a transitional error coin! Why because of the transition that occurred during that time!
The word transition means change. So a transitional error is an error that occurs because of a change (or transition) at the Mint where the coin is manufactured. An example is the aforementioned error coins, the 1943 copper penny and the 1944 steel cent. Another example is the 1965 quarter at the top of the page. This coin is made from silver, instead of the clad composition that all 1965 quarters are supposed to be minted from.
In 1943 the United States was at war. The U.S joined world war 2 in 1941 after pearl harbor was attacked. So by 1943, the United States was feeling the effects of the war. Since wars cost millions of dollars, the United States wanted to save money by using a cheaper substance to manufacture the 1 cent coin. The mint decided to use steel to make all 1943 pennies. This is the transition.
The change that took place at the mint had to do with the production of the penny. The metal composition was changed from copper to steel. Because of this change, there was an error that occurred. No one knows the exact nature of how this happened, but it does seem possible that a Mint employee could have accidently loaded the machine with the wrong coin blanks. The copper blanks could have gotten mixed in with the steel blanks…. no one knows. There are many ways that this error could have happened.
The same thing also happened with the 1944 penny. All 1 cent coins were supposed to be made of copper, except some of the previous year’s steel blanks were accidently used to mint some of the 1944 penny. There have even been pennies found that were minted from silver! Not steel, but silver! So any time there is a transition at the Mint… look for an error!
These 2 coins are very popular among error coins. Some say they are the most coveted items among all numismatic pieces. There are only about 40 1943 copper pennies that are known to exist. One of these sold for 1.7 million dollars, but the average value of a 1943 copper penny is around $40,000 to $60,000.
Different Types of Transitional Error Coins
We have discussed the ’43 and ’44 pennies that contain transitional errors, but that is not the only transitional errors out there. There are many different types of transitional errors out there. Just think about the possibilities! Transitional errors can because of any change that occurs to a coin, weather it be in the coins metal composition, the art or design of the coin, or really any possible aspect of the coin. Think about all the changes your favorite coin, such as the penny, has went through over the last 100 years! Every year there was a change, you should look for an error!
There was a change to the Lincoln Cent that occured in 1993 which was the cause of thousands of errors! These errors are called the Wide AM and Close AM errors. You can read about a few of these errors on their corresponding pages. The 1999 Wide AM , 1992 Close AM, and the 1998 wide AM are a few of the AM errors.
Before this, there were the 1988 and 1989 transitional errors that occurred. These are new to many people, but this error has to do with the designer’s initials on the reverse side of the coin. Read more on the 1988 transitional error by registering for a free membership to the website! After you register, you can go to the free gifts page and choose a free gift!
These are just a few of the many transitional error coins that can be found in your pocket change. The transitional error adds great value to a coin. Many times these errors are the most popular and most sought after out of all errors that can occur. Since our goal here is to make as much money as we can with error coins, the transitional error is an important one. But to be able to make large amounts of money off of an error like this, we must first know everything about it… including how to find one!
How to Find a Transitional Error Coin
A valuable error coin is meaningless to our bank accounts unless we own one. There are only a couple ways that you can own one of these coins. If you have the money, you can purchase a coin from someone or if you want to make the most profit from the coin, you can search for it! I’m sure there are other ways of obtaining an error coin, such as inheriting one, but if you decide you want one right now, you will have to search or buy.
For the people who prefer to purchase a transitional error coin, I recommend shopping around on websites like eBay and Amazon. Many times you can find unbelievable deals on the error coin you want just by searching on eBay. You never know what you will find on eBay because millions of new products are added almost every single day! Go and check them out by clicking on the link here!
For all the rest of us…
The search is on!
Searching for these error coins is so much fun! I absolutely love hunt for an error coin. I love finding an error. It’s like finding buried treasure or easter egg hunting. The rush is amazing!
But before you can find any error coin, you must first know about it! If you had never heard of a 1999 Wide AM transitional error coin, there would be no possible way for you to find one! So one of the best things you can do to start your search is to study all about error coins. The more you know, the better chance you will have of finding an error.
I recommend subscribing to our website and blog to learn all about error coins. There are many other websites such as doubleddie.com and variety vista where you can find very valuable information. You should definitely purchase a few books such as The Cherrypickers’ Guide to rare die varieties of United States Coins or The Red Book: a guide book of United States Coins. These books are full of information that will assist in your search for valuable error coins. These 2 books are a “must have” in the numismatic world. Every coin shop that I have ever been to use The Cherrypickers’ Guide as a basic price guide when discussing prices on error coins. If you want to make money with error coins, you need these books!
Learn as much as possible, study every book and website that you find, and the search, search, search! These are some basic steps to becoming a profitable error coin enthusiast. The coins are out there, you just have to find them! But you can’t find them unless you know about them!
We invite you to join our community by registering here! Once you are a member you will be able to comment on the forum pages. This means you can get help with anything related to error coins! Ask the community about your different error coins and upload pictures to see if you are finding the right coins. The forum pages are very helpful when you are first getting started in the game. They are even helpful to the master error coin enthusiasts.
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