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Cracked planchet error question

At what percentage of a complete crack through the planchet gains a premium upon resale? Does it matter the denomination, date, or the composition of the material??
This is a very dumb ass thread. - Laura Sperber - Tuesday January 09, 2007 11:16 AM image

Hell, I don't need to exercise.....I get enough just pushing my luck.

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  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>At what percentage of a complete crack through the planchet gains a premium upon resale? Does it matter the denomination, date, or the composition of the material?? >>



    Tough to answer as there's no value guides on cracked planchets...

    I only own one and paid a serious premium based on a non error MS65 $1, yet it's also the longest crack I've ever seen on a silver dollar.

    There are 2 fully broken Morgan $1's that fetch a bit more then just a crack.

    1922-P Cracked Planchet

    image

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • WOW! That Peace is a clean 65, and the crack is amazing!
  • BillJonesBillJones Posts: 34,781 ✭✭✭✭✭
    I would say that cracked planchet, such as the previous post on a 1922 Peace dollar, should be worth a decent premium (a few hundred dollars) to those who enjoy this sort of thing. I also have to admit that I'm guessing here, but a natually cracked planchet on a modern coin has got to be scarce to rare.

    I can tell you that on early U.S., confederation and colonial coins, a cracked planchet can be big negative when it comes to value. Most collectors avoid them. I also once saw a very rare Hard Times token on a cracked planchet. The price was high, which might have had something to do with a lack of a sale, but for my money my interest in the piece was pretty close to zero. To me on early coins, are like laminations - they are big negatives. The darn thing is not very attractive, and if the coin should split in half, then what have you got? Not much so far as I'm concerned.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Thanks for the replies.....No need to worry Bill, the coin in question is a 1921 S Morgan. Crack appears to be from rim into the hair behind the date on the obv and from the rim to "we" in the motto.

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    This is a very dumb ass thread. - Laura Sperber - Tuesday January 09, 2007 11:16 AM image

    Hell, I don't need to exercise.....I get enough just pushing my luck.
  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    If that crack was longer it would be 2 half dollars image

    Very nice!!! And a 65!!! WOW image
    Ed
  • rld14rld14 Posts: 2,390 ✭✭✭
    I have a Walker that I found amongst other junk 90% that ha a cracked planchet with what looks like a big rim cud. Think it owes me $5 image
    Bear's "Growl of Approval" award 10/09 & 3/10 | "YOU SUCK" - PonyExpress8|"F the doctors!" - homerunhall | I hate my car

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