A rare 1982 “coin alignment” dollar certified by Professional Coin Grading Service as genuine brought $5,280, including buyer’s premium, during a follow-up auction of the George Hans Cook Collection.
While the majority of the Cook Collection’s most sought-after material was offered Aug. 15, during a sale held in conjunction with the American Numismatic Association World’s Fair of Money, Cook’s more affordable coins crossed the block in an online-only sale on Aug. 25.
The standard alignment for the 1982 $1 “Constitution” coin was medal alignment, which means both the obverse and reverse sides face right side up; however, an unknown number of examples exist in coin alignment, which means the two sides face opposite directions, one going up and the other facing down.
Certified by Professional Coin Grading Service as genuine, the coin also carried a ‘wrap machine damage’ designation.
With a “wrap machine damage” designation and no numerical grade – instead only certified as “UNC Detail” – the rare coin alignment dollar was offered as Lot 36487.
It’s listed in the Charlton Standard Catalog at $6,000 in Mint State-63 – with nothing priced lower – and was described by auctioneers as “an exceptionally rare offering unlikely to be encountered again by most bidders.”
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A rare ‘coin alignment’ dollar has recently sold for an impressive $5,000, drawing attention from collectors and numismatics enthusiasts. This unique alignment error, where the design elements are misaligned during the minting process, adds significant value to the coin, making it a sought-after piece for those in the know. Such sales highlight the fascinating world of error coins and their appeal in the market, as collectors appreciate not only their rarity but also the stories behind their creation. This sale serves as a reminder of the diverse and intriguing nature of coin collecting!