PCGS Certifies Regular-Issue 2021 American Gold Eagles With “W” Mint Marks

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Professional Coin Grading Service (www.PCGS.com) has authenticated and certified 61 regular-issue Type 2 Reverse quarter-ounce American Gold Eagle bullion coins mistakenly struck with a West Point "W" mint mark obverse proof die.

PCGS certified 2021-W $10 Unfinished Proof American Gold Eagle
Now PCGS-certified, this is one of the regular-issue Type 2 Reverse quarter-ounce American Gold Eagle bullion coins mistakenly struck with an obverse proof die and found in the discovery roll by Gerald Medel of Lakeside Coins. (Photo credit: Professional Coin Grading Service.)

Discovered by Gerald Medel of Lakeside Coins in San Diego, California, the coins were submitted to PCGS on his behalf by Ian Russell, president of GreatCollections Coin Auctions (www.GreatCollections.com) in Irvine, California.

PCGS has classified the coins as Unfinished Proofs, and some of the coins now are being offered at auction by GreatCollections.

"These discovery coins show how full of surprises our industry can be. While we eagerly await the details on how these coins came to be, the exciting discovery during a live Instagram auction highlights the adaptation of our hobby to social media and further underscores the rapid growth of the numismatic market over the past two years," said PCGS President Stephanie Sabin. "We are proud to see more groundbreaking coins find permanent homes in PCGS holders, and there is still plenty of time left in 2021 for more breaking news from PCGS."

"This is an impressive discovery in a day and age when the United States Mint strives for perfection. Errors on gold coins are always rare and attract significant interest. We are thankful to Gerald for entrusting us with the first coins he discovered," stated Russell.

GreatCollections is offering the first 10 error coins in auction without reserve. Bidding ends for five of the coins on Sunday, October 31, with bidding ending for the other five a week later on Sunday, November 7, 2021.

"It would appear that a W mint mark proof die was used in making some of the non-proof bullion coins that are sold through the Mint’s Authorized Purchaser program," said Russell. "Something similar happened in 1999, when $5 and $10 denomination American Eagle gold coins were also mistakenly struck with W mint marks. Those examples are highly sought after today."

The first 2021-W quarter-ounce American Eagle Unfinished Proof coin was discovered by Medel in late September when he was live on his Instagram account for Lakeside Coins (www.lakesidecoins.com) while opening a roll of 2021 quarter-ounce American Eagles with the new reverse design. He remained silent when he saw the mint mark and put that coin aside.

"All 40 coins in the roll had the West Point mint mark! The next day I began researching and over next three and a half weeks I located an additional 21 coins for a total of 61 while searching through thousands of coins," Medel recalled.

"I’ve known Ian since he launched GreatCollections in 2011, and I contacted him about submitting the coins to PCGS. I was so excited about the discovery, my wife and our three children accompanied me from San Diego to Irvine when I delivered the coins to Ian," Medel said.

The first 40 W mint mark coins found together in one roll are being labeled by PCGS as pedigreed to the "Discovery Roll."

2021-W mint mark close-up
This photo supplied by GreatCollections Coin Auctions shows a close-up look at the West Point mint mark on one of the regular-issue Type 2 Reverse quarter-ounce American Gold Eagle bullion coins mistakenly struck with an obverse proof die.

Steve Feltner, PCGS director of numismatic education and grading team leader, recalled the surprise he felt when he saw the coins for the first time.

"When Ian Russell and PCGS President Stephanie Sabin showed me a few groups of raw gold coins, Ian first handed me a standard business strike 2021 Type 2 quarter-ounce American Gold Eagle and then one in proof. I was wondering where this was going since these two coins are extremely common. I immediately started thinking that the reason for the visit could be a cool repeating ‘struck through’ error or even a newly discovered ‘mule.’ My mind was racing," said Feltner.

"Then Ian handed me another business strike and gave a knowing smile. My eyes automatically caught the W mint mark and knew he was onto something. After a few seconds of processing, we began to discuss the discovery; a group of American Gold Eagles struck using unfinished proof dies!"

For additional information, contact GreatCollections at 949-679-4180 or visit online at www.GreatCollections.com.

About Professional Coin Grading Service

Professional Coin Grading Service (PCGS) is a third-party coin and banknote grading company that was launched in 1986. Over 35 years, PCGS has examined and certified more than 47 million U.S. and world coins, medals, and tokens with a combined value of over $46 billion. For more information about PCGS products and services, including how to submit your coins for authentication and grading, please visit www.PCGS.com or call PCGS Customer Service at (800) 447-8848.

About GreatCollections

GreatCollections is an auction house for certified coins and banknotes, handling transactions from start to finish. Since its founding in 2010, GreatCollections has successfully auctioned over 950,000 certified coins, making it one of the leading certified coin companies in the United States. Ian Russell, owner/president of GreatCollections, is a member of the prestigious Professional Numismatists Guild and member of the National Auctioneers Association. For more information, visit www.GreatCollections.com or call (800) 442-6467.

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Rich

Shades of the 1999-W $10 American Gold Eagle Unfinished Proof Dies (mintage = 10,000 estimated) and 1999-W $5 American Gold Eagle Unfinished Proof Dies (mintage = 14,500 estimated) Bullion coins. So it’s “Discovery” time once again, courtesy of the West Point Mint. Better check your “Rolls” – the Hunt is on. As of 10/26/2021 the U.S. Mint has sold approximately 94,000 2021 $10 AGE Type 2 bullion coins (factoring in the approximate number of 2021 $10 GAE Type 1 bullion coins sold at 56,000). This year the Mint has just been chock full of surprises.

Kaiser Wilhelm

Rich,

Just for purposes of clarification, does the 94K figure of 2021 $10 AGE Type 2 Bullion Coins include the 56K number of 2021 $10 AGE Type 1 Bullion Coins sold?

Rich

Thanks for catching the need for clarification, Sir Kaiser. As of 10/26/2021 the US Mint sales = 94,000 for the Type 2 and sales = 56,000 for the Type 1 2021 1/4 Oz $10 AGE Bullion Coin (i.e., total 2021 sales = 150,000 for the $10 AGE Bullion Coin).

Rich

Footnote for added perspective: 1999 $10 AGE Bullion coins total sold = 564,232 (and 1999 $5 AGE Bullion coins total sold = 2,750,338).

Kaiser Wilhelm

There sure is a lot of gold in them thar hills vaults!

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Kaiser Wilhelm

Thanks, Rich; I just wasn’t sure. That all makes good sense to me now.

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SENZA

It’s all about having the correct tools for the job Kaiser

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Kaiser Wilhelm

Excellent point, SENZA, always bearing in mind that if the hairpins are rubber-coated the flow of electricity will likely be somewhat impeded.

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Last edited 1 month ago by Kaiser Wilhelm
Seth Riesling

Research projects that went badly! Lol.
Curious George get a perm! Lol.
I’m shocked that I’m still alive after this hole in the wall research project! Lol.
And – the last picture is after he says “mom, can I have a drink of water?” LMAO.

Thanks Kaiser!

NumisdudeTX

Kaiser Wilhelm

Seth, mega kudos on your brilliantly hilarious narration of the “having loads of fun with the joys of homemade self-electrocution” sequence. I was laughing so hard my finger almost slipped right out of the socket!

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Last edited 28 days ago by Kaiser Wilhelm
Mammoth

Sorry Rich, but we peon coin collectors are once again Shut Out. The privilege of discovering these error coins belongs only to ‘Authorized Purchasers.’
Note from the above article:
It would appear that a W mint mark proof die was used in making some of the non-proof bullion coins that are sold through the Mint’s Authorized Purchaser program.”

Kaiser Wilhelm

Mammoth,

Thanks for bringing some much-needed attention to this highly-skewed scenario. Clearly the Mint is perfectly willing to and eminently capable of shafting us both coming and going, and it does do by employing the “Authorized Purchasers” for bullion coins at one end and the “Authorized Bulk Purchase Program” for proof and uncirculated coins at the other, neither of which programs we have any access to.

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Last edited 1 month ago by Kaiser Wilhelm
Kaiser Wilhelm

Now this is what you might call hitting the jackpot, not just once but 61 times over.

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Mammoth

“Bidding ends for five of the coins on Sunday, October 31” Bet the price people are willing to pay for these error coins are SPOOKY! ———————————————————————————————– Around ten years ago, Provident Metals issued a series of coins called, ‘Zombucks,’ which depicted ghastly corpse-like renditions of classic US coins. They were minted in both Silver and Copper. The ‘Morgue-Annes’ had as error in that some of the Silver coins were stamped with the copper coin dies, and it reads, ‘Copper’ on the coin. These were selling for around $400 on flea-bay. Something to Google when you’re bored. I keep saying I’d… Read more »

Kaiser Wilhelm

Mammoth,

What you’re saying here is that people were actually willing to pay enormous premiums for error versions of what were essentially fake coins. That explains a lot.

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SENZA

This is nothing more than the corrupt graders playing their same old game: CREATE FAKE SCARCITY and of course the World never would have know about this if it had not been for the Graders NOT. Let’s look at this from the desk of Sherlock Holmes where the first question pondered is; How-in-the-hell and what are the odds that PCGS came up with 61 of these……………………. Now the Geometry – IF: the Sheeple don’t wake up soon THEN: there won’t be anything left for the scammers to scam. Which of course, is why they are creating new and amusing scams… Read more »

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Antonio

Once again, the mint’s quality assurance comes through. I received a coin with a “hair” or piece of fiber on it in its sealed case. I still have an uncirculated W dime with a finger print on the obverse. Will wonders never cease? An unfinished proof W $10 cold eagle. How many faux pas were released to the public this time?

Kaiser Wilhelm

Antonio,

Do you mean to say you haven’t had your one of a kind “Hair Error” certified, slabbed and put up for auction yet? And that “Finger Print Dime” must be beyond priceless. Make hay while the sun shines, my friend, and cash in big.

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Rob S

haha Hair Error. Coin # 213654789 “Clarence Thomas” Label, graded Pube-70. ;D

Kaiser Wilhelm

Rob,

I believe that error coin was graded Pube-70, Deep Ultra-Abuser Clairol.

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Rich

SENZA, and so the story goes in the 1999 case: West Point mighty minter mistakenly picks up and uses the wrong dies (Oops!), and the unfinished proof die 1/10 oz ($5) and 1/4 oz ($10) AGE bullion coins are unknowingly packed up and distributed through the network of Authorized Purchasers. This time some folks did something (Oops!… I Did It Again) and the coins unwittingly landed in Cali and handed to PCGS with a knowing smile (such luck).

Kaiser Wilhelm

Rich,

There were clearly some big players involved in this one, especially the new President of PCGS who needed something just like this to start out with a bang.

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Seth Riesling

The Big Bang!! Lol.

NumisdudeTX

Kaiser Wilhelm

Not to be sexist, Seth, but in the case of that particular personage the reference could easily be interpreted in more than one manner.

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SENZA

You “Coined” it again Kaiser – This is Top-Down Fraud on a huge scale – planned right down to paying off the employee producing these coins at the Mint and so bold of all the PCGS flunkies putting their names out here = arrogance and criminality have few boundaries these days. Kinda makes me wonder what they are putting in our food but certainly doesn’t make we wonder why sleepy Joe would scrap Free Tuition for Americans while offering it with Federal Money to 650,000 illegals who apparently are here by “no fault of their own” and it’s all “better… Read more »

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Rich

The 1999-W Unfinished Proof Die Gold Eagles (PCGS, 2012). In 1999, the U.S. Mint made a drastic mistake by producing the first Mint State $5 and $10 Gold Eagles bearing a “W” mint mark. In 1999, only Proof Gold Eagles were intended to bear the “W” mint mark. This mistake has left us with a lot of puzzling unanswered questions about the production and existence of the 1999-W $5 and $10 Mint State coins. Sometime early in the year 2000, some of the first 1999-W Mint State Gold Eagles were discovered. The Mint did not provide any clues or give… Read more »

Kaiser Wilhelm

Of course, SENZA. All tricks get old after a while, so the scammers have two choices: (1) Find a new flock of fools to flim-flam; or (2) Create a new con game.

In this particular case they seem to have gone for option two, primarily as the number of fools is by nature limited but the ways in which to fool them clearly are not.

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SENZA

Kaiser and Rich, All so true – I just hope the Mighty Minters explain this to that next generation of Child Coin Collector’s the US Mint is trying to attract. In other News; my Morgan (D) Mints are out for delivery so I should have them by Monday = New Normal.

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Kaiser Wilhelm

I do believe the sign above applies here, SENZA. Spill the beans to the kids about Santa and keep the horrible truth about the Mint under lock and key.

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SENZA

Kaiser and Rich,

I now have all of my Morgans only waiting on the Peace Dollars – Is this a coin Blog? I just went back thru my coins to make sure Ryder didn’t scribble any W’s where they don’t belong…………

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Last edited 1 month ago by SENZA
Kaiser Wilhelm

SENZA, if I were you I might be just a tad more careful. Too much of this ongoing surreptitious government-private industry collusion unveiled by you to the public realm could all too easily result in your being disappeared to engage in coerced labor consisting of re-shipping Grade ’68s and below at the Mint’s clandestine Mike “I Sell Only 70’s And Above” Mezack unacceptable returns branch at Guantanamo Bay, American Cuba.

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Last edited 1 month ago by Kaiser Wilhelm
Seth Riesling

Are you saying he might get a free trip to Cuba!!?? Such a deal! Lol.

NumisdudeTX

Kaiser Wilhelm

Speaking of which, Seth, were you aware that the new Assistant Director of the Mint began her government career as an Air Traffic Controller at Guantanamo?

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Rich

SENZA is more like a Fly on the Wall.

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Kaiser Wilhelm

Indeed, Rich, but one can never be too cautious in a post-1984 environment.

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Last edited 1 month ago by Kaiser Wilhelm
SENZA

But the Kaiser Tin Foil keeps me under the radar

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Kaiser Wilhelm

Not my doing, SENZA. The Kaiser Family Trust leased the rights to our name to the Aluminium (as we say in German) foil makers long before my arrival in this country. That being said (and I do believe it just was), if “our” brand is the one that keeps you physically stealthy and mentally healthy then more power to you (from the Ontario Hydro Power Grid or otherwise) and by all means be sure to keep it crisp, crimped and crinkly, and by the way, not to worry…we’ll make more.

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Last edited 1 month ago by Kaiser Wilhelm
SENZA

Right On Bro it’s all fun and games until it’s time for:
For your listening enjoyment https://www.youtube.com/watch?v=FCxLK9r7f4c

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Last edited 1 month ago by SENZA
Rich

SENZA, you’re a Live Wire

Kaiser Wilhelm

“He knows changes aren’t permanent.

But change is.”

  • Rush
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Kaiser Wilhelm

AC/DC and their contemporaries Rush, Ten Years After, The Cars, Love, Velvet Underground, J. Geils, Cheap Trick and Canned Heat are some of my favorite groups from my secondary era of rock music. They followed the Stones, Kinks, Cream, Yardbirds, Zombies, Animals, Jefferson Airplane, The Who and The Byrds. Other than that, there were dozens of others of all sounds and a variety of appearances. Good times.

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Last edited 1 month ago by Kaiser Wilhelm
Rich

Sir Kaiser, the 60s, 70s and 80s was the Rock of Ages. So many great bands and good times. Long live the golden age of rock and roll. Long Live the Loud!

Kaiser Wilhelm

You put it perfectly, Rich; those were indeed the most musically glorious years. The Age of Rock in all its finest and finery. And over and under and through it all wafted nature’s weed for that little extra touch.

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Joe R. Alvarado

I have most of my concert ticket stubs from the 70s. The 60s and 70s are the GOAT for sure. I just wish I remembered most of them. (Nature’s Weed and all) Some people say it sucks being old , but it sure was fun getting here. Some of us old rockers must of turned out to be OK. I mean look at some of us here now as numismatist.

Kaiser Wilhelm

Joe, That’s a very astute summation regarding the “good old days” of the ’60’s and ’70’s — and oh yes, were they (GOAT might be putting it mildly) ever fun…pass me that joint — and what our takeaway can be from those years now so many years later. I revel in those memories, but that doesn’t mean I don’t cherish what I have now at least as much, if not in certain ways indeed more. Of course we turned out okay, Joe; why wouldn’t we have, since we were good people then and we’re good people now. As far as… Read more »

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Last edited 25 days ago by Kaiser Wilhelm
SENZA

Kaiser and Rich, Did you say Canned Heat? I really like this one and I hope you will too – Headphones Recommended….https://www.youtube.com/watch?v=tRYKAMjKgto

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Last edited 1 month ago by SENZA
Kaiser Wilhelm

SENZA,

Canned Heat are/were one of the most underrated blues-rock bands of all time; they put out an incredibly “together” hard rocking yet smooth and mellow sound! Al “Blind Owl” Wilson, Bob “Bear” Hite, Fito de la Parra, Harvey Mandel, etc. I just loved them all!

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Last edited 1 month ago by Kaiser Wilhelm
Mammoth

Kaiser – don’t forget The Doors and Jimi Hendrix!

Kaiser Wilhelm

Mammoth, I think I neglected to mention them previously because in my mind they are so automatically included in any lineup of the greatest. Incidentally, Jim Morrison’s grave in Paris is the by far most visited one in the city’s renowned Pere Lachaise cemetery and the only one under 24 hour guard! As my wife and I were leaving the premises at dusk we saw an uncannily near lookalike of Jim crossing the street and heading down into the Metro and we simultaneously indulged ourselves in the fantasy of having seen The Man Himself heading out to his favorite cafe’… Read more »

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Last edited 1 month ago by Kaiser Wilhelm
SENZA

But! But! I don’t want to work……… can they really do that Kaiser?

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Kaiser Wilhelm

Not as long as the Kaiser has his connections at the psychic intersection of the Bilderberg Group, the Papal See, the Illuminati, the exiled royalty of the Austro-Hungarian Empire and the Ringling Brothers Barnum And Bailey Circus they can’t, SENZA. You, sir, are under the permanent protection of our Square Circle (Center Ring Edition) of Imperviousness.

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Last edited 1 month ago by Kaiser Wilhelm
SENZA

And for that I Salute You Sir Kaiser……………https://www.youtube.com/watch?v=RtMGoU9NcMo

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Kaiser Wilhelm

I very much appreciate this salute, SENZA; you’ve made my musical day and my day musical!

RIP always, Malcolm Young. All hail to brother Angus, Guitar God Extraordinaire! And to Brian Johnson, the growly voice of the group! Kudos galore to one of the greatest rock ‘n roll bands of all time!

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Last edited 1 month ago by Kaiser Wilhelm
Rich

I really miss Bon Scott.

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Kaiser Wilhelm

Rich,

I can certainly understand that. The older we get the more people in the popular realm who are of particular importance and special interest to us become memories. It’s good to have them on recall, but it’s sad to not have them here anymore. However, we can’t have it all, can we?

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Last edited 1 month ago by Kaiser Wilhelm
SENZA

I was surprised when reading that during the making of Highway to Hell the band was in Florida and struggling to raise air fare to return down under. That Hells Bells was as much about the economic conditions Brian Johnson was facing as an unemployed 30 something in his home country before joining the Band, as well those other things. And the band now openly admits Bon’s demise was at the hands of drug dealers although only because he was visiting lady friends in a bad part of town. As a child I did not see him in concert as… Read more »

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Last edited 1 month ago by SENZA
Rich

Hells Bells, SENZA! I kinda figured you a Problem Child

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SENZA

Definitely…………..Darn I ran out of candy so I started handing out the Halloween Mountain Dew (Voo Doo Dew) now my yard is full of little Zombies demanding more caffeine. Happy Halloween Collectors.

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Kaiser Wilhelm

My oh my, SENZA, you do believe in living on the edge, don’t you? Just FYI, among all American carbonated soft drinks Mountain Dew is number one in sugar content and ranks third in caffeine concentration, which taken together of course makes it the ideal gateway drug on the inevitable road to methamphetamine cotton candy addiction. Tsk tsk.

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Last edited 29 days ago by Kaiser Wilhelm
Kaiser Wilhelm

SENZA,

The poor guy succumbed to a heroin overdose while alone in his car. RIP.

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Kaiser Wilhelm

Bon Scott was one of those lights in the firmament who burned far too brightly to last very long. Lord knows there have been countless of these relatively short-lived comets in the history of music, many going back ages before the advent of rock ‘n roll.

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