Planchet Adjustment Marks
Zoins
Posts: 34,116 ✭✭✭✭✭
I just ran across this PCGS MS63 non-CAC and thought it looked very interesting.
Post any other planchet adjustment coins here!
https://www.pcgs.com/cert/36777633
Tagged:
1
Comments
I think you mean planchet adjustment marks, right?
for PCGS. A 49+-Year PNG Member...A full numismatist since 1972, retired in 2022
Yes! Thanks for pointing that out. Fixed now.
I posted one of mine in this thread back in February:
https://forums.collectors.com/discussion/1013651/adjustment-marks-on-capped-bust-halves/p1
Pacific Northwest Numismatic Association
Someone at PCGS thinks so.
As far as I know 1901 is a late date for these. Is that right? > @Coinstartled said:
Morgan dollars do not have "planchet adjustment marks." They are caused by abrasion in the drawbench. Authentic "adjustment marks" were made by Adjusters when they reduced the weight of a planchet by lightly scraping with a file across the planchet face. This was an early mint practice and after Franklin Peale's equipment modernization adjustment was both smaller and limited to the edge. (PS: This is not new stuff - it's been known for many decades.)
Another case of a TPG employee simply grabbing a name and sticking it to something they do not understand. Much like "sintering."
Very common in early coinage.
I owned this example for awhile. Possibly the King of adjustment mark coins.
http://images.goldbergauctions.com/php/lot_auc.php?sale=63&site=1&lot=867
Roger, what would be a proper term to use ?
for PCGS. A 49+-Year PNG Member...A full numismatist since 1972, retired in 2022
The MS63 OP coin valued at $20K has got to be a tough one to find a buyer for when a MS61 as below is valued at $11K.
But is this one for sale?
We don't know if the first is either?
Yet if I had a $20K budget for an example I'd rather have a hole in my set than one with extreme Road Rash.
I actually like that secondary album toned MS61 over many of the top grade examples on coin facts.
AFAIK, since the time the ANA's Certification Service was in DC, we called them "roller marks." I have read all about the draw bench during planchet production (it is also in Roger's book). I never saw a draw bench at the Mint (way before my time) So at some time lines on the strip that transferred to the planchet and were not struck out may not always come from a draw bench. I'll guess that after 1904 these marks are rarely seen.
I've used Planchet Stria or Striae because it covers everything that could have caused the marks.
For early US coins, "adjustment marks" seems good - descriptive of what and why the scrapes occurred.
For later coins, where the scratches are caused by a drawbench or roller mill and not intentional adjustment to planchet weight, maybe "roller marks" or something similar will work? I forget what term the Morgan VAM folks use. (After 1901 drawbenches were not used.)
Roger, Thanks for the suggestions -
I'm the one who used the term Planchet Adjustment Marks
on that 01-S Morgan Dollar posted above.
So, out of these terms suggested, which would be the
best for more modern era coins, like the Morgan Dollar?
Planchet Stria
Planchet Roller Marks
(I believe Planchet Roller Marks would be the best description.)
for PCGS. A 49+-Year PNG Member...A full numismatist since 1972, retired in 2022
If "adjustment marks seem good" like you say, does anyone pay a premium for adjustment marks?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Actual adjustment marks can be extremely detracting on a coin. They are commonly seen on many coin types from many countries. France comes quickly to mind. At some time, the file marks made to remove metal from U.S. coins were placed on the edges of the planchet rather than its surfaces. IMO, when few and light, they add interest to a coin.
Great coin. The scratches on the forehead almost look like a headband.
PCGS CoinFacts lists the following pedigree:
This isn't listed as being in any Registry Sets.
Here's the cert and TrueView:
I've always referred to the lines on these Morgans as Planchet Roller Marks. This is actually quite common on "S" mint Morgans from this era (1900-S, 01-S, 02-S ). Ironically, I've owned both of the Bust coins in this thread. The 1795 Half Dime in PCGS 61 was really nice and struck, especially the eagle on the reverse. I owned the 1794 Bust Dollar in the 1990's and had a very tough time selling it with all the adjustment marks, although it was extremely original and attractive. I recall selling it for around 80K....so obviously a while back!
I like the term 'planchet roller marks'...descriptive and accurate... Cheers, RickO
Yep. That's pretty good. The name has to be brief yet descriptive, and "roller marks" or "planchet roller marks" seems to fit. Some 'official' definition would include the part about a drawbench, but that does not change the basic idea of damage to a coinage strip by dirty or defective equipment.
If you have never heard of the Republic of Ragusa here's the wikipedia page.
Interesting history for a country that lasted almost 500 years from 1358 to 1808. It's also interesting that the country declined due to the discovery of America.
I technically still own this one but I recently sent it to Heritage -- it should make it into the September Long Beach auction.