blank penny planchets

snapmohr

Hello all,
I found three blank penny planchets in my Grandfathers lot of coins. Does anyone one know how they get out of the mint without a strike on them? What kind of value do they hold? Do people collect them? Are they considered error coins? Just curious I found this rather interesting. Any info would be greatly appreciated.
Thanks snapmohr

CopperDude

I've seen rolls at coin shows I think they were selling for $3.00 ea.

MatthewBabcock

They make it out from time to time... I have a few and they can be found for about $2.00 +/- around here... I'd hold on to them...

haletj

I have 2 I found in OBW rolls. One is a 1991 blank... the other I forget the date, doh!

cladking

Welcome aboard.

When the metal is punched out of the strip it's referred to as a type 1 planchet. These
are then forced between two rollers which reduces their diameter and pushes up a little
extra metal arond the edges which go to form the rim. These are referred to as type 2
planchets. All type one planchets are more valuable than the type twos. The steel cent
planchets are the most valuable followed by the zinc then the bronze. Bronze type 2's
will generally go between about $1 and $3.

Tootawl

Thanks cladking! I never knew that stuff about the planchets.

snapmohr

Thanks for the info and also all the welcome aboard messages ... I feel so loved
Mine must be the type 2
Thanks again
snapmohr

richbeat

Welcome aboard!