Rare Canadian Major Error Coin: Uncirculated 1986 Five-Cent Coin Struck on Foreign Planchet, PCGS Certified MS-64

This extremely rare and dramatic Canadian error five-cent coin has been struck on the blank intended for a foreign 2.45-gram coin. The coin is dated 1986 and is in choice uncirculated condition, and has been independently graded and certified by PCGS as MS-64.

As a result of modern technology and excellent quality control at the Royal Canadian Mint, major error coins are rare in Canada, but with the large volume of coins produced for circulation, a few error coins will occasionally escape scrutiny at the mint and make it out to the banks and into the hands of collectors.

One of the rarest and most sought-after of all possible error coins results when the blank (or planchet) intended for one denomination is used to strike a coin of another denomination. The wrong planchet error is even more interesting when the wrong blank was intended for a coin being made by the Royal Canadian Mint for a foreign country.

How does the wrong planchet error occur?
In some processes at the mint, blanks and coins are moved in large tote bins. These bins have sloped bottoms which act as funnels to allow the bin to empty when a sliding trap door is opened. On occasion, a blank or coin can remain stuck in the bin and escape unnoticed, and since that bin may later be used to transport other blanks, the trapped piece can become dislodged and get mixed in with the rest of the contents of the bin. If the wrong blank is fed into the coining press, the resulting coin will be a wrong planchet error. Only an extremely small number of these errors escape mechanical and visual inspections and make their way out of the mint.

Includes:
• Major Error Coin: Five-Cent Design Struck on a Foreign Blank

Warranty Information:
This product comes with a 30-day return policy through TSC.