Does a minor clip add value to a coin?
relicsncoins
Posts: 8,041 ✭✭✭✭✭
Does it matter that it's on a slightly circulated classic commem? Clip at 2:30.
Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
3
Comments
Clip collectors will see it as added value. Most likely Non error collectors will view it as damage. I like it.
Added value for sure on a coin like that.
I agree with this statement. Let me know if you want to discuss how much value it may have added.
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
I'm surprised ANACS made no mention of it. Granted it's minor.
Those who appreciate errors may.
I do NOT and find it quite distracting.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
If it is a common modern coin, a clip adds some value. If it is scarcer collector coin, it can be a negative, sometime a big negative.
This 1795 lettered edge half cent is graded AU-58. It has a 2% clip. When I saw this piece, it was raw. The dealer agreed to get it graded by PCGS. The deal was if PCGS did not mention the clip, I would buy it. If PCGS marked "clip" on the slab label, it was a pass. The mention of a clip lowered the value by a few to several thousand dollars. The clip was not mentioned, so here it is is.
As for the OP coin, it would be a pass for me because of the clip.
@BillJones PCGS won't mention the clip unless the coin is submitted on the error tier. Your dealer knew he couldn't lose on the deal. BTW...beautiful half cent...can't really notice the clip.
Yep, I honestly can't tell.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
They can’t ignore a significant clip.
I have posted this clipped LC before....it's in a standard Gold Shield holder. No mention of the clip. @BillJones
This is very accurate.
Personally I think they're cute and I love them especially when they're on atypical coins.. until I have to sell them, and then I hate them.
I've got a 1943 steel cent with one and it's been sitting forever. I think I'm just gonna keep it at this point.. slightly larger clips on modern zincs have sold for more and much faster.
A 1943 cent with a significant clip should be an easy sell. One in high grade with a small clip probably is tougher.m
I bought that 1795 half cent more than ten years ago. At the time that it was submitted for grading, avoiding the dreaded “clip” notation was not so easily avoided. I spotted the piece at an Early American Coppers Convention. The go ahead for grading was based on the fact that a PCGS executive happened to be there, and he said that the clip was so small that it would probably be ignored for grading purposes.
I'm not sure of values but they sure made any coin unique and interesting.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
The modern zinc clips are actually much scarcer than a 1943 steel cent clip, so it's not surprising to me they would sell for more.
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