Impressive price realized for this clipped Roosevelt dime
seanq
Posts: 8,675 ✭✭✭✭✭
This eBay auction just closed for a beautiful 82% crescent clipped Roosevelt dime with a full date. The seller started the auction at $0.99 and ended up selling their coin for $728.
It's worth a minute of your time to click through to see the photos, it really is one of the most impressive examples of this error type that I have seen, and I've seen a lot more than most.
Sean Reynolds
Incomplete planchets wanted, especially Lincoln Cents & type coins.
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
5
Comments
It's hard to believe that little scrap got fed into the press !
I was the underbidder, I went nuclear and lost
What a crazy cool coin.
Plus a label error
Certainly impressive -
Both the coin and the P.R.
Yes, an 82% clip should weigh more like 0.4g. Certainly not more than 2x a full planchet weight.
Collector, occasional seller
Somebody really wanted it.
Two people really wanted it
I like it.
It may be rare, and I like errors, but I just don't see the value there.
BINGO!
Very cool. I like errors but I just don't like them THAT much. Since you are only paying for 18% of the coin does this one get discounted 82% when it sells again...or is this a less is more situation?
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
And I was hoping to snag it for $150!
Dang.
That's a neat TV.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
He who knows he has enough is rich.
Crescent moon error
That's a '72-D!
My thought exactly.
Isn't the D too low for it to be 72-D?
They were hand punched into the dies back then. They can be placed differently on different dies.
I did consider that. I tried looking for one with a similiar mintmark position on good old Google but came up short. Anyone have one?
When did the mint stop hand punching mm in the dies? Around 1989?
where is the Blakesley Effect ?
That's pretty cool!
I assume that had this error been silver instead of clad it would have sold for a higher price?
That's all it takes.
Makes one wonder, when is a coin not a coin.
Nice to have a full date and IGWT!
I'd love to know the back story.
Yes, almost like it was... struck like this on purpose!
Those Trueviews are classic
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Glad you went for it!
But since you buy for inventory, can you ever really go "nuclear"?
What would you have sold it for?
Me thinks when/if ever that holder gets dropped, that piece will get dislodged. Very cool item!
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Hard to price such a unique coin as this.
It is perfect. I have not seen another dated (any date) example like it.
Yes, it would have gone into inventory with a markup.
I guess my bid was high wholesale
I wonder why it was holdered backwards.
Great transactions with oih82w8, JasonGaming, Moose1913.
My thought as well. What a neat error!
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
That certainly is an interesting piece of coin.....I am amazed that it struck at all, instead of just 'mashing'....seems strange since it really had no stabilization in between the dies. Cheers, RickO
That's a very good point. Is it possible that the planchet was scored before it was struck but remained whole, then broke into two pieces from the force of the strike? That would mean there's an 82% "better half" somewhere out there
Successful BST transactions with: Cameonut, Rob41281
I recall reading a theory some time ago that elliptical clips were created like this, but if you look at the populations of elliptical and crescent clips, there are far more of the former than the latter. I guess you could argue that the crescent portion would be more likely to get caught in the sorting process, but the notion always struck me as dubious.
Looking at the TruView shared to the thread, I definitely see some of the "mashing" you refer to. The inside of the clip is quite far out of round, and there is a lot of the copper core showing along the clipped edge, especially on the reverse.
I think what is most impressive about the coin is that it the outside edge was completely against the collar, given how small the planchet was. Had it not rested against the collar, I could see this being called a struck fragment rather than a crescent clip.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
@seanq.... Sean, thanks for the additional information... and I do see what you describe with the copper core. Cheers, RickO
That's a cool theory. I think you're right that it would be much harder for the crescent part to make it through the sorting process and not be simply thrown out. It's also possible that more ellipticals are out there because the bigger portion is more likely to have the date struck onto it (Obv the other portion of this coin wouldn't have a date). Is an elliptical with no date something collectors would save and/or grade?
Successful BST transactions with: Cameonut, Rob41281