Is This An Example Of A Struck Through Coin And Would You Buy It?
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I am contemplating buying this coin as I like the great luster and color. What concerns me is this mark that looks dug out. Do you think it detracts from the coin and is it mint made. Struck through? Your advice appreciated. Photos are from seller.
Best Answers
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NewEnglandRarities Posts: 1,138 ✭✭✭✭
As Billjones mentioned, while it could be a strike through, or damage, it will always be seen by the next buyer. While it may be a seemingly discounted price, I can’t believe it is that off of a price to find one without that mark. Generally obverse is more important that reverse when it comes to grading (this comes specifically from grading services as the front is shown). Often we value the obverse higher than reverse anyway. I personally don’t want a strike through, or mark (which I think it is) in front of the face. You will always see it going forward.
New England Rarities...Dealer In Colonial Coinage and Americana0 -
291fifth Posts: 24,437 ✭✭✭✭✭
I regard struck through coins as defective and feel they should be sold at a discount. I say pass.
All glory is fleeting.3 -
Cougar1978 Posts: 8,402 ✭✭✭✭✭
I would pass on it and look elsewhere. I consider it defective and would not invest in something like that. Offer it around the bourse at a show and see if any takers.
I think one would have a tough time selling it and even if so not without a considerable discount.
How the defect got there no idea. That it would be a bad investment a certainty.
Coins & Currency0
Answers
Might wanna be more concerned with the copper spots around the word liberty, on Lincoln’s neck, under the letter “I” in the word In, and around the bottom half of the right wheatstalk on the reverse.
Pass, trust me
I would wait for a better example.
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My first assessment was PMD.... Looking more closely, I see no raised edges, so could be a struck through or planchet defect. Cheers, RickO
If that was the only thing that was wrong with it at the MS-66 level, I would think about it. But given the other minor marks, I think I would keep looking.
I saw a very attractive PR-67 Indian cent at the recent FUN show. It had what was probably a very small planchet defect on the obverse plus a few very small carbon spots. The reverse was "perfect." This is the kind of stuff you see with a 10X glass, but when you get the these grades and prices, everything matters. I passed.
The coin looks like a 65 that got a bump for luster, not a gold bean candidate
. The mark looks like a reed mark to me, I would pass myself but your call.
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I would also wait.