Posts Tagged ‘Chilean Mint’
Chilean Mint Manager Loses Job
At the mint in Chile, the general manager has lost has job after failing to stop the issue of 50 peso coins which were struck with a spelling mistake. It is particularly embarrassing as the mistake is the name of the country. Instead of the Chile the coins were stamped with Chiie. Such a dramatic mistake has turned the coins into a numismatists delight. People are keeping them in the hope that they will rise in value. Rather than trying to destroy the coins they will remain in circulation. This is not the only mistake that has been made by the mint. There have been two incidents where rare coins and medal which should have been kept in the museum have found their way onto the open market and being sold to coin collectors.