Error Coin

Error Coin

A coin minted with some blemish. In general, attempts are made not to release error coins into circulation, so they are sufficiently rare that some error coins may be valuable for collectors. However, they are illiquid assets.
References in periodicals archive ?
In 1983, the Bangko Sentral issued a 50-centavo coin with the Philippine eagle on the reverse; it has become a much collectible 'error coin' because of the misspelled 'Pithecobhaga' that only the eagle-eyed would see and notice.
An often sought coin type is the error coin, where some discrepancy in the minting process has caused a small run of coins which differ in some aspect from their counterparts.
Only 600 of these were minted and it is thought to be an error coin. The Royal Mint later released a new design of it which shows the swimmer's face.
Last but not least, a PS2 coin known as the "Standing on the Shoulders of Giants" error coin is missing the inner cupro-nickel disc and has only been stamped on nickel brass.
Last, but not least, a PS2 coin, known as the "Standing on the Shoulders of Giants" error coin, is missing the inner cupro-nickel disc and has only been stamped on nickel brass.
However, the error makes it a lot more special - with error coins frequently selling for hundreds of pounds.
Each coin type is afforded its own chapter and several appendices follow such as, Mint Directors and Superintendents, 1916-1947, Misstruck and Error Coins of 1916-1947, Centennial Coins of 2016, and The Coin Designer.
Strike It Rich with Pocket Change: Error Coins Bring Big Money appears in its fourth updated edition to cover U.S.