Chat Gpt.com “What is Post Mint Damage Coin”?

giantsfan20

Post-mint damage refers to any alteration or damage that occurs to a coin after it has been produced and issued by the mint. This can include scratches, dents, corrosion, or other physical damage. Such damage usually affects the coin's value and collectibility, as it deviates from its original mint condition. Collectors and numismatists typically prefer coins in mint condition or with minimal post-mint damage.

SensibleSal66

@giantsfan20 said:
Post-mint damage refers to any alteration or damage that occurs to a coin after it has been produced and issued by the mint. This can include scratches, dents, corrosion, or other physical damage. Such damage usually affects the coin's value and collectibility, as it deviates from its original mint condition. Collectors and numismatists typically prefer coins in mint condition or with minimal post-mint damage.

What's this then?

Creg

SensibleSal queried:
What is this then?

That is a countermarked 2005 non-spitting, non-pooping, and unspeared bison Kansas state quarter. It would be “other physical damage” per the post bygiantsfan20.

jmlanzaf

@SensibleSal66 said:

@giantsfan20 said:
Post-mint damage refers to any alteration or damage that occurs to a coin after it has been produced and issued by the mint. This can include scratches, dents, corrosion, or other physical damage. Such damage usually affects the coin's value and collectibility, as it deviates from its original mint condition. Collectors and numismatists typically prefer coins in mint condition or with minimal post-mint damage.

What's this then?

Post mint damage

BStrauss3

@giantsfan20 said:
Post-mint damage refers to any alteration or damage that occurs to a coin after it has been produced and issued by the mint. This can include scratches, dents, corrosion, or other physical damage. Such damage usually affects the coin's value and collectibility, as it deviates from its original mint condition. Collectors and numismatists typically prefer coins in mint condition or with minimal post-mint damage.

So PMD doesn't cover the coin that falls out of the ballistic nylon bag on the mint floor and gets run over by a forklift and then tossed back in the bag?

BUZZ but thanks for playing - we have some wonderful parting gifts you stupid stochastic parrot...

jmlanzaf

Good job, GPT. Luv ya, girl. ❤️

PerryHall

I remember many years ago when chop marks were considered to be PMD (post mintage damage) and trade dollars with chops sold for a steep discount.

jmlanzaf

@PerryHall said:
I remember many years ago when chop marks were considered to be PMD (post mintage damage) and trade dollars with chops sold for a steep discount.

Technically, they are PMD.

lermish

@PerryHall said:
I remember many years ago when chop marks were considered to be PMD (post mintage damage) and trade dollars with chops sold for a steep discount.

They are still post mint damage. And they do sell for a discount, just not quite as steep of a discount and not the ultra tough dates.

There is a lot more down the rabbit hole but it's been discussed exhaustively and battle lines pretty clearly drawn. My opinion is pretty clear

JBK

Some PMD increases the value of a coin, sometimes substantially.

Counterstamps usually increase the value for modern coins, and for 18th and 19th century coins, as well, in many cases.

CRHer700

@SensibleSal66 said:

@giantsfan20 said:
Post-mint damage refers to any alteration or damage that occurs to a coin after it has been produced and issued by the mint. This can include scratches, dents, corrosion, or other physical damage. Such damage usually affects the coin's value and collectibility, as it deviates from its original mint condition. Collectors and numismatists typically prefer coins in mint condition or with minimal post-mint damage.

What's this then?

Questionable advice.

MarkKelley

My preferred term is "post-minting damage". That way, the damage can occur while the coin is still at the mint, but after striking.

JBK

Or "post strike damage"....

Greenstang

So PMD doesn't cover the coin that falls out of the ballistic nylon bag on the mint floor and gets run over by a forklift and then tossed back in the bag?
MarkKelly is correct
I think part of the problem is that PMD is now referred to as "Post Mint Damage" when the original meaning was "Post Minting Damage" which means any damage after it was ejected from the striking chamber. Somewhere years ago it got abreviated and now is taken as any damage after it leaves the mint. So to answer your question, yes, any damage done in the mint would be PMD.

BStrauss3

Which is why I prefer PSD - Post Strike Damage.