2017 perth mint dragon 2 oz silver coin error?

[kevinhung]

Hello everybody!

Is this the mistake of the mint production?

The whole image is shifted up.

 

[ShaolinStacker]

Def looks like it! Send it to NGC and get it slabbed an error. Perth mint error coins go for big $$$$

[augur]

50 minutes ago, ShaolinStacker said:

Def looks like it! Send it to NGC and get it slabbed an error. Perth mint error coins go for big $$$$

Whether it will get classed as an error is another question. Also how desirable it will be. But someone somewhere will be prepared to pay a premium, slabbed or not. ?

[Clens92]

As above.  Not an error, just poor quality control.

[sovereignsteve]

15 minutes ago, shortstack68 said:

The blank has moved during minting, it's not an error

agreed, but some people will pay extra for such things.

[sixgun]

We can see both the obverse and reverse of the coin are off centre. This makes it a striking error. The whole design pretty much is there and these by my understanding are called broadstrike errors.

The planchet was off centre when the coin was minted. I am not sure how others are defining mint errors, may be they restrict them to die errors only, whatever, this is a striking error at the mint and so it is a mint error.

From my understanding the blank (planchet) is centred by a collar as the planchet is being struck. During this process the planchet is flattened and expands to meet the collar encircling it. As well as confining the planchet the collar may have a pattern on it to give a milled edge. Further details are on this webpage.

https://www.australian-coins.com/error-coins/broadstrike-coin-errors/

Very likely this coin will fetch a higher price.

[sixgun]

1 minute ago, shortstack68 said:

It's a medal not a coin, it's desirability is measured by how many people would want a medal, personally offstrike aren't errors for me, just a quality problem

No it is a coin. It is a $2 coin and legal tender. 

[airmac]

Sorry for derailing here a little bit. So the old currencies from the européen countries who switched over to the euros. Are they now coins or medals now?

[sovereignsteve]

32 minutes ago, airmac said:

Sorry for derailing here a little bit. So the old currencies from the européen countries who switched over to the euros. Are they now coins or medals now?

I would say they are still coins but not legal tender now. A lot of old circulating coins are no longer legal tender but are still referred to as coins.

[Gav]

It's a medal not a coin, it's desirability is measured by how many people would want a medal, personally offstrike aren't errors for me, just a quality problem

Mints are making "error" coins just to gain attention and hype. Certainly here is another case, poor quality control, or is it marketing strategy?

Similar to privy pimping, extra 5,000 coins with this variation making the total mintage of the coin much higher. I can see the reason why they do it as the premiums on these errors are bigly.