Rare ‘coin alignment’ dollar brings $5K

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.”

Leave a Reply

Keep up to date with the numismatic community

Sign up to receive our newsletter.

Canadian Coin News

Canada

Canadian Coin News is Canada's premier source of information about coins, notes and medals.

Although we cover the entire world of numismatics, the majority of our readers are Canadian, and we concentrate on the unique circumstances surrounding collecting in our native land.

Send Us Your Event

Running an event? Send it to us and we will display it on Canadian Coin News!

Submit Event →

Subscribe To 26 Issues For Just $47.99/year

Subscribe today to receive Canada's premier coin publication. Canadian Coin News is available in both paper and digital forms.

Subscribe Now

We acknowledge the financial support of the Government of Canada through the Canada Periodical Fund of the Department of Canadian Heritage.