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There is a $100 coin. It has a major crack in the lower corner. Would you pay full price?i

jmlanzafjmlanzaf Posts: 32,003 ✭✭✭✭✭

There is a $100 coin. It has a major crack in the lower corner. Would you pay full price?i

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    PerryHallPerryHall Posts: 45,444 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    Depends on the coin and how bad the crack is. If it is a high grade red proof cent and the crack allows air into the interior of the slab, I'd probably pass.

    Worry is the interest you pay on a debt you may not owe.

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    1630Boston1630Boston Posts: 13,772 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    @PerryHall said "Depends on the coin"
    .
    I agree with that.

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    oih82w8oih82w8 Posts: 11,907 ✭✭✭✭✭
    edited February 14, 2023 6:24AM

    Does the coin have a die crack or the holder cracked? Holders can be replaced. Die cracks can be rather cool!

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    olympicsosolympicsos Posts: 698 ✭✭✭✭
    Maybe. Depends on desirability of the coin.

    If the holder is cracked, you could always re-holder the coin. But I would not buy a coin that I will be unhappy with and find it hard to sell later.

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    JimnightJimnight Posts: 10,821 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    Common sense ... for me anyways. One other thing round coins don't have corners. B)

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    jmlanzafjmlanzaf Posts: 32,003 ✭✭✭✭✭

    @MFeld said:
    "There is a $100 coin. It has a major crack in the lower corner"

    I'd pay a lot more if the crack were in the holder, as opposed to the coin.

    ;)

    Everyone's a critic. Lol There's a word limit so I couldn't fit it all in if I included "in the slab".

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    JimTylerJimTyler Posts: 3,060 ✭✭✭✭✭

    @MFeld said:
    "There is a $100 coin. It has a major crack in the lower corner"

    I'd pay a lot more if the crack were in the holder, as opposed to the coin.

    ;)

    Who ever knew you could be funny.

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    PerryHallPerryHall Posts: 45,444 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    @jmlanzaf said:

    @MFeld said:
    "There is a $100 coin. It has a major crack in the lower corner"

    I'd pay a lot more if the crack were in the holder, as opposed to the coin.

    ;)

    Everyone's a critic. Lol There's a word limit so I couldn't fit it all in if I included "in the slab".

    I think your intent was rather obvious.

    Worry is the interest you pay on a debt you may not owe.

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    rte592rte592 Posts: 1,459 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    @jmlanzaf said:

    @MFeld said:
    "There is a $100 coin. It has a major crack in the lower corner"

    I'd pay a lot more if the crack were in the holder, as opposed to the coin.

    ;)

    Everyone's a critic. Lol

    There is a $100 coin. It has a major crack in the lower corner. Would you pay full price?
    How about??
    On a $100 coin. Slab has a major crack in the lower corner. Would you pay full price?

    ;) really depends on the coin.
    Do you NEED it?
    Do you want it?
    Do you REALLY WANT it?
    Do you REALLY NEED it?
    and about 10 more questions that would figure in to the answer.
    If you are looking for this coin in a slab with this grade? I'd probably pass.

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    rec78rec78 Posts: 5,691 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    IF it's a common everyday Morgan- no
    If it is a variety or a coin that I have been looking for for quite a while -Then it is Buy the coin not the holder.

    image
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    CaptHenwayCaptHenway Posts: 31,564 ✭✭✭✭✭

    As the question was phrased, my first thought was “Die crack or planchet crack.” Words matter.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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    PerryHallPerryHall Posts: 45,444 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    @CaptHenway said:
    As the question was phrased, my first thought was “Die crack or planchet crack.” Words matter.

    In the thread title he said "corner" and since most coins are round and don't have a corner, I assumed he was talking about the slab.

    Worry is the interest you pay on a debt you may not owe.

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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Yes. I buy the coin not the holder.

    If I want the coin (and that price was acceptable), yes, I would buy it. Slab condition is not relevant when evaluating a potential acquisition. Cheers, RickO

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    jesbrokenjesbroken Posts: 9,322 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    Absolutely would depend on the individual coin, it's rarity, how well it is struck, how bad the crack is and probably several other factors.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
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    johnny010johnny010 Posts: 1,095 ✭✭✭✭✭
    Yes. I buy the coin not the holder.

    Hypothetically or do you have a picture?

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    coinbufcoinbuf Posts: 10,771 ✭✭✭✭✭
    edited February 14, 2023 9:54AM
    Maybe. Depends on desirability of the coin.

    Never say never. If the price is right any silver coin is in play. ;)

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
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    WalkerfanWalkerfan Posts: 8,976 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    Depends on how easily I could find another.

    “I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~

    My Full Walker Registry Set (1916-1947)

    https://www.ngccoin.com/registry/competitive-sets/16292/

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    $100 coin? I’d rather have $100

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    Project NumismaticsProject Numismatics Posts: 1,338 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    Depends on the rarity of the coin.

    Noting that rarity and expensive are not the same thing.

    If I can easily find another similar coin with an intact holder, then no.

    If I’ve been looking for the the coin for a long time with no luck and it meets my standards, then yes.

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    Namvet69Namvet69 Posts: 8,676 ✭✭✭✭✭
    edited February 14, 2023 7:29PM
    Yes. I buy the coin not the holder.

    Holders are interesting but....It's all about the coins for me.

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    cameonut2011cameonut2011 Posts: 10,062 ✭✭✭✭✭
    No. Re-holdering the coin costs money.

    @PerryHall said:
    Depends on the coin and how bad the crack is. If it is a high grade red proof cent and the crack allows air into the interior of the slab, I'd probably pass.

    At the $100 level, we are talking about a widget, not likely a highly desirable piece.

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    CoinscratchCoinscratch Posts: 7,940 ✭✭✭✭✭
    Yes. I buy the coin not the holder.

    The fact that you're asking takes care of scenario #1 & #3 outweighing #2 2 :1.

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    NeophyteNumismatistNeophyteNumismatist Posts: 897 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    If the coin is worth $100, I would probably pass on the coin over paying 50% more to re-holder. If the coin costs $100, but its a rare unattributed variety that is clearly worth more than the cost, I would pony up and re-holder it (and would likely pay for attribution).

    I am a newer collector (started April 2020), and I primarily focus on U.S. Half Cents and Type Coins. Early copper is my favorite.

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    goodmoney4badmoneygoodmoney4badmoney Posts: 1,127 ✭✭✭✭
    Yes. I buy the coin not the holder.

    If the crack bothered me enough I would just crack the coin out completely, especially at $100.

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    Project NumismaticsProject Numismatics Posts: 1,338 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    @cameonut2011 said:

    @PerryHall said:
    Depends on the coin and how bad the crack is. If it is a high grade red proof cent and the crack allows air into the interior of the slab, I'd probably pass.

    At the $100 level, we are talking about a widget, not likely a highly desirable piece.

    Not all $100 coins and tokens are widgets… some are low supply, low demand. Price and rarity are related but distinct.

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    VanHalenVanHalen Posts: 3,815 ✭✭✭✭✭
    Maybe. Depends on desirability of the coin.

    It depends on the severity of the crack. If it has to be re-holdered and/or the integrity of the coin is in question then I'd pass.

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