Looking to expand my understanding.

Paleo82

This first coin I really like because there are quite a few things going on here. If someone could explain to me what happened here that would be great. None are significant errors I don't think but with several flaws in each y'all could help me understand for future reference. Thanks any and all.

Thinking mostly pmd.


Really liked the Tysoned, Holyfield ear on that one😂 is this coin riddled with die cracks and chips?

And finally.....

This is not just md in the 5 right?

joeykoins

Hi and Welcome To School! I say school because you'll be taught in many areas. Such as in ethics, manners and in business. You certainly came to the right place to learn a vast amount of knowledge mostly in coins! In time you yourself will experience just how many members here know about this wonderful "Hobby Of Kings". Don't be afraid to ask any questions and more importantly, have FUN. Don't be a stranger here, post often. Already I see you're interested to find some answers. Very good! All that I can relay to you about your coins pictured is all are just worn away and damaged. The one Jefferson that appears to be porous, was probably buried in dirt for some time? The rest, like you already guessed, appears to be PMD? Maybe some others can explain more If my assumption may be wrong. Oh well, Good Luck and once again, Welcome to our Forum!-joey

ifthevamzarockin

Welcome to the forum!

All look like post mint damage. ( PMD )

BillDugan1959

The first coin has been bunged in a machine shop, and was perhaps exposed to some acid. The second two are damaged in the course of circulation. Yes, all have PMD. You have twenty cents, with luck.

291fifth

Post mint damage. Just spending money. You will find that the search for minor "errors" in pocket change is essentially a waste of time. Certain online sites are apparently promoting such items. Unfortunately, even the real minor "errors" have a weak to non-existent secondary market and, as a result, most carry no numismatic premium. Coins with damage are just spending money unless they are rare dates/mintmarks.

Major errors do have a real market but are seldom encountered in pocket change. I have found exactly one in change and that was in 1968. I quickly sold it for three dollars at a local coin store.

Paleo82

Thanks fellas. Surely not looking to get rich quick just enjoy the history and love the flaws in them all. Don't think I could ever enjoy hunting down flawless specimens like many do but I definitely get it and can appreciate it. I personally like to put that time and effort towards other fields. Appreciate your responses. I'm beginning to realize that to learn this hobby as you veterans know it, takes time, and hands on with a knowledgeable person to understand what one needs to. Have a good one.

BillDugan1959

@291fifth

+1,000

In over 40 years of looking at pocket change, I have gotten vendible errors worth rather less than twenty dollars - mostly unstruck Cent planchets.

The gains from looking at pocket change have come from finding 90% silver coins and 40% silver half dollar. But I doubt that all of these coin finds had a melt value exceeding $300. Most of these gains were in the very early 1970s.

I have recently adopted a policy of trying to ignore my pocket change, but I still find myself slipping back into the errors of my former ways.

I have made more at the Coinstar reject slot in recent years.

BillDugan1959

OP needs to get one of these, if he doesn't already have one:

An unbelievable amount of honest reliable information for about $16. 460 pages, fully illustrated. Available at most popular bookstores or at Hobby Lobby.

astrorat

@Paleo82 said:

Welcome to the Board!

... and love the flaws in them all.

It's great you love coins and are enjoying the hunt. Please be aware that although you may love the flaws (post-mint damage) few collectors tend to share the same affection. In other words, don't collect damaged coins unless you fully understand the coins will have no numismatic value.

There are plenty of undamaged coins with flaws (e.g., mint-made errors, varieties) that are fun to hunt down. You won't, however, generally find them in your change or on the ground.

Best of luck!

Jimnight

@astrorat

Very well said.

jmlanzaf

I'm glad you love flaws, but those aren't really "flaws" but damage. Give me a toolbox and I'll make you as many "flawed" coins as you could ever want.

If you enjoy them, go for it.

CCGGG

PMD, sorry, but they look like coins that are often found in parking lots.

messydesk

@BillDugan1959 said:
The first coin has been bunged in a machine shop, and was perhaps exposed to some acid. The second two are damaged in the course of circulation. Yes, all have PMD. You have twenty cents, with luck.

But only with human cashiers. You only have 5 cents if you are going to use a vending machine or a checkout automaton.

Hemispherical

Welcome to the CU forums @Paleo82!

Wealth a knowledge and knowledgeable people on this forum and within this thread!

And... coins are PMD and that “5” on the nickel (last pic) is not even MD, it took a hit, and is moved metal.

Enjoy the hobby!

ricko

@Paleo82....Welcome aboard... all those coins are PMD.... Damage from various causes after the coins left the mint. It is a great hobby... get a Redbook and a Cherry Pickers Guide... and have fun. Cheers, RickO

joeykoins

@astrorat said:

There are plenty of undamaged coins with flaws (e.g., mint-made errors, varieties) that are fun to hunt down. You won't, however, generally find them in your change or on the ground.

Everything you said is true except for the latter. That's not always the case. About 20 years ago, (told this story many times) I once found the elusive 1999 Wide AM Cent, where? On the ground or sidewalk! Had it graded, across the street (NGC), and it came back a 64RB. Sold it for $200! So anything is possible in this hobby.

BuffaloIronTail

A quick 200 bucks for picking up a parking lot coin.

I always pick 'em up. If they're too damaged, I put them in the change trays they have at stores.

Pete

joeykoins

@BuffaloIronTail said:
A quick 200 bucks for picking up a parking lot coin.

I always pick 'em up. If they're too damaged, I put them in the change trays they have at stores.

Pete

In saying, If they're too damaged, It all depends on what coin were talking about? Say for instance, it's a 3 Legged Buffalo. Or a 1999 Wide AM, these varieties are valuable in many different conditions. I'm pretty sure you wouldn't toss an 1992 Close AM in a tray at any store! Even if that variety was very heavily worn or damaged.
I am aware the OP was generally speaking of any coin, not particular a variety. In which you also probably was referring?

BuffaloIronTail

Any coin.

Pete

astrorat

@joeykoins said:

@astrorat said:

There are plenty of undamaged coins with flaws (e.g., mint-made errors, varieties) that are fun to hunt down. You won't, however, generally find them in your change or on the ground.

Everything you said is true except for the latter.

Um ... that's why I used the word generally otherwise I would have used the word never.

Paleo82

UGLY COINS NEED LOVE TOO😂😂😂

joeykoins

Excuse me if this may sound like an oxymoron but those are ugly beauties!
I'm liken that "1842".