If you saw this Ike dollar... (value question added)

sumdunce

Not being an error collector, how do you value such coins?

Is auction the best method?

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My first thought was post mint damage. However since the metal that was remove (quite a bit) did not expose the copper core I had my doubts.
The weight confirmed that something else was going on.

PCGS agreed:


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Would you think it was an error, defective planchet, tooled, acid treated, etc...

If you already know the answer from the Ike Group's website then please hold your answer for a while.

I am interested in people's first reaction to see how they compared to mine.

The obverse has "issue". Also note that the "issue" is a crater so it is not a cud.


The reverse has a little weakness in strike but otherwise looks "normal".


Can't decide without the weight? Then scroll down...









































It is 1 grain off from what the Mint states is its ideal weight.

So what is your reaction?

I will post the results from grading in a few days.

V/R



Sumdunce

SilverEagles92

Strike-through?

Peaceman

If the weight is almost the same then I would think someone placed something over it and struck it to cave in the coin..... ????

19Lyds

<< <i>If the weight is almost the same then I would think someone placed something over it and struck it to cave in the coin..... ???? >>



Hmmmmmm. Git yerself on IKE and give this a shot ..................... without damaging the reverse!

These coins are incredibly hard!

If you rotate it, it kinda looks like New Hampshires "Old Man in the Mountain":

SUMORADA

Partial Brockage?

kahokia

I think it's the Swine Flu Eisenhower. Ike covers when he coughs. Just saying.

notwilight

If it is struck thru the the reverse should be strongly struck instead of weakly. I'm thinking it is a planchet flaw and your scale is off. I'd say it is a lamination that peeled off after striking. --Jerry

AUandAG

Something very hot was set down on it??
Or maybe it was set down on an electric coil?

weird.

bob

DNADave

I would think brockage or struck through before tooled or acid treated.

sumdunce

Lee, I had not noticed but it does indeed resemble a face when inverted.

Notwilight, the scale is not off. I had checked the accuracy with a known weight and then checked against several 1971-D Eisenhowers that I have on hand to be certain.

Kahokia, I just love the response. I had been calling it the Crater Face Ike.

Great responses so far.

V/R



Sumdunce

SeattleSlammer

brockstrucktoolacidabused

Aegis3

First impression is that it is a strike-thru from some thin irregular-shaped object. Closer inspection notes that Ike's profile continues in the recessed area, which is typical of such strike-thrus.

Coll3ctor

I don't know WTH to think

erroid

I'd probably soil myself.... Super nice strike-through!

WoodenJefferson

Looks like your typical lamination peel after being struck. 1 grain is not very much weight loss, but possible.

19Lyds

<< <i>Something very hot was set down on it??
Or maybe it was set down on an electric coil?

weird.

bob >>



I would think that this would have created burn marks and most certainly would have affected the reverse as well. Hot enough to melt copper-nickel is pretty danged hot!

19Lyds

BTW,

"If you saw this Ike dollar..."

I'd have posted it to the IKE Group forums and then had it attributed and graded and added to my IKE Showcase!

Thats what I would do!

sumdunce

One last push to the top.

I will post the result tomorrow night.

V/R



Sumdunce

PerryHall

Looks like glue or similar laying on the surface.

STONE

Struck through a large lamination.

Where 1 planchet goes in, gets struck, a lamination occurs, lamination dislodges and adheres to obverse die
Second coin goes in (your coin), the lamination which was adhering to the obverse die strikes this coin thus distorting part of the image; thus this impressed portion of the lamination would make an indent in the coin (although I don't know if that would explain the slightly light weight!)

My best explanation.

sumdunce

The cert. verification is included in the original post.

I have not idea what the coin is worth, but I doubt that the $6 quoted by PCGS is anywhere near enough.

Stone your answer is what I believe happened. A struck through grease would leave anealing drum damage marks. Also the depth of the incuse portion says that whatever got in the way of the die was as hard as the planchet.

There may be the "donor" coin out there that was/is mistaken for post mint damage.

V/R



Sumdunce

Fountainhead

Ugh, it's just what I imagine a coin would look like if a mint employee lost his fingertip to the machine.

sumdunce

Not being an error collector, how does one establish a value on a coin like this?

Throw it into an auciton and let the bidding decide?

V/R



S

19Lyds

<< <i>Not being an error collector, how does one establish a value on a coin like this?

Throw it into an auciton and let the bidding decide?

V/R



S >>



That would be my guess unless you just want to sell it to me outright!

Rampage

It's pretty dramatic, so I would expect you would get a significant price for it on eBay.