Article by:

Al Levy
alscoins.com
News

Waffled Coin Sales

Waffled coins. These are a very interesting type. The grading services will body bag coins damaged or cleaned. However, if the Mint waffles them, they show up holdered an even graded. Now that more “bins” have been bypassing the smelters pot, prices have really been dropping. There are collectors trying to put together complete sets of the statehood quarters and Presidential dollars.

The original slabbed coins had the insert state the coins were “Waffle Cancelled”. The newer slab’s insert read “Mint Cancelled”. They should all be tagged as “Genuine.” All are damaged intentionally.

Bin fulls of “Red Tanks Marked - Sweeps” hit the market. This was previously reported as a rumor. Looks like it came true. One reason there are so many of the “webbings” available. Bowtie scrap is being sold by the pound. Proof issues are starting to show up. These are being offered to dealers at major conventions.

The U.S. Government claims these are not coins.


Here are records of recent sales on eBay from October 1, 2010 to December 31, 2010.






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