Is this some sort of planchet defect or is it PMD?
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Just got the results back for my latest batch of silliness - having marginal coins I bought in the 80s graded for fun and to test my grading skills. Looking at the trueviews I noticed some cracks at the top of the Indian's head on this five cent piece that I hadn't noticed when I sent it in. They do not look like die cracks, so I'm wondering if this is some kind of retained planchet delamination, or if its just PMD that wasn't bad enough to get the details grade. It was straight graded at VF-30.
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Here is a larger view of the obverse:
Defective planchet?
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
Planchet lamination, or some say, De-lamination
Runs vertically down from about 12 o’clock
poor alloy mix, typical on early Buffs. this creates the cracks you see and then are listed as defective planchet.
Some info: https://www.error-ref.com/lamination-cracks/
"When they can't find anything wrong with you, they create it!"
Interesting as I have almost the same on 1923-S Peace. No VAM seems to match.
VAMs are varieties not errors - there will not be a match for an error as they are a singularity.
"When they can't find anything wrong with you, they create it!"
Thanks for the replies - I thought this might have been the case but wasn't sure as this is the first coin I've ever owned with something like this going on. In terms of value is this a non-issue, or a net negative?
yes, nice pick up, i like
Poor mix and a nice coin.