Error fans: I bought a 1969 Mint Set with a clipped planchet PHOTOS ADDED for the Kennedy half.

SanctionII · January 11, 2011 11:37AM

............ and valuable is this type of error?

The clip is easily seen through the mint cello. It runs from the E to the B in Liberty on the obverse of the coin.

This is the first clipped planchet coin I have ever found and could not pass up buying the set for $4.75. Subtracting the cent, nickel, dime and quarter (41 cents) the half cost me $4.34.

So did I get a bargain?

seanq · January 11, 2011 12:08PM

I'd say you got a nice rip, clips in Mint sets aren't unheard of but they are certainly not common. I've seen a lot more small denomination coins (cent thru dime) than I have quarters or halves, and to the best of my memory I don't recall seeing another clipped 40% silver half in a Mint set.

As an avid collector of this sort of error (I have a denomination set , cent thru dollar, of business strike clips in government issue packaging), I'd have no problem paying in the $40-60 range for such a set. Someone with a broader view of the market like Fred Weinberg can tell you if I'm being a cheapskate.

Sean Reynolds

19Lyds · January 11, 2011 12:54PM

Wow Kev! Super buy!

cladking · January 11, 2011 1:02PM

<< I'd say you got a nice rip, clips in Mint sets aren't unheard of but they are certainly not common. I've seen a lot more small denomination coins (cent thru dime) than I have quarters or halves, and to the best of my memory I don't recall seeing another clipped 40% silver half in a Mint set.
>>

This wraps it up pretty well.

I've seen fewer than a dozen clips in the many thousands of the sets
I've looked at and most are on the nickel, then cent, then quarter. I've
never seen a half dollar clip in the packaging.

SanctionII · January 11, 2011 1:04PM

Sounds like I did very well on the pickup.

Thanks for the information gents. I appreciate it.

Frankcoins · January 11, 2011 1:09PM

For 20 years everyone has told me that since flat packs can be
easily faked with commonly available material, the only valuation should be the coin itself. However, seeing crazy prices for non-CC
GSA dollars in flat packs, perhaps that has changed. Would PCGS certify an error piece as coming from a Mint Set if they could determoine that
the packaging was real and untampered with?

GrumpyEd · January 11, 2011 1:10PM

<< $4.75. Subtracting the cent, nickel, dime and quarter (41 cents) the half cost me $4.34. >>

Great buy to get the clipped half for $4.34!
The 69 quarter is worth hanging onto as well.

TrustNo1 · January 11, 2011 1:48PM

pic??

SullivanNumismatics · January 11, 2011 2:19PM

<< I'd say you got a nice rip, clips in Mint sets aren't unheard of but they are certainly not common. I've seen a lot more small denomination coins (cent thru dime) than I have quarters or halves, and to the best of my memory I don't recall seeing another clipped 40% silver half in a Mint set.

As an avid collector of this sort of error (I have a denomination set , cent thru dollar, of business strike clips in government issue packaging), I'd have no problem paying in the $40-60 range for such a set. Someone with a broader view of the market like Fred Weinberg can tell you if I'm being a cheapskate.

Sean Reynolds >>

I think Sean's price range is correct. These sets don't sell for a "lot" but there is a premium over the coin being out of the set. Nice find!

Jon

FredWeinberg · January 12, 2011 12:39AM

Good Mornin' all -

I agree with Sean's price range; maybe it's
a bit low (I might have given a range of
$50-$85, depending on the denomination
and size of the clip, of course).

I've seen/heard/handled maybe close to
two dozen sets, or a touch more.

Surprisingly, I've also seen over 15 or so
Proof Sets with very minor rim clips/clips.....

toyz4geo · January 12, 2011 12:47AM

Cool find. A picture would be great for all to enjoy.
George

ctf_error_coins · January 12, 2011 12:48AM

Nice find and lots of experts opinions which is why this place is so great.

johnny9434 · January 12, 2011 2:54AM

we need pics

SanctionII · January 12, 2011 3:06AM

Thanks for the informative replies.

I calculated the net cost of the clipped half dollar incorrectly. I neglected to count the coins in the Philly cello. I only counted the coins in the Denvver cello. Instead of a net costs of $4.34, my actual net cost is $3.92.

Further, the 1969 Philly quarter is very nice, in fact it is one of the nicer 1969 Philly quarters I have seen. It does not have the large number of planchet marks that you usually find on these quarters.

Sorry no pics. I can try and take a digital photo of the half through the cello and email it to anyone who is interested. If so, PM me with your email address.

seanq · January 13, 2011 12:20AM

I didn't realize this thread grew some legs yesterday. Here's an old post of my denomination set in government issue packaging, and the half I've also shown below. SanctionII, I'll PM you my email and if you want to send along a picture I'll host it to the thread.

Sean Reynolds

SanctionII · January 8, 2012 4:41AM

TTT.

I finally took some photos of the Denver Mint Set in the Cello and of the obverse and reverse of the clipped half dollar.

I emailed the photos to Modcrewman and he will post the photos to this thread, hopefully later today.

I will be looking into opening a Photobucket account and posting pics myself.

SII

ModCrewman · January 8, 2012 2:09PM

Sorry for slacking off Kevin.

Broadstruck · January 8, 2012 2:25PM

Jmiami · January 8, 2012 3:17PM

nice find

frnklnlvr · January 8, 2012 10:30PM

Nice find!

Are there many 1970-D or 1987-P&D 50c clips or other errors known? I ask because of Frank's post that the flat packs can be tampered with. Obviously, these couldn't be faked as coming out of mint sets.

seanq · January 8, 2012 11:14PM

<< Nice find!

Are there many 1970-D or 1987-P&D 50c clips or other errors known? I ask because of Frank's post that the flat packs can be tampered with. Obviously, these couldn't be faked as coming out of mint sets. >>

I know of four or five clipped 1970-D halves, a friend owned three of them at one time, two still in the original Mint packaging. I don't know if he had either of the 1987 issues in his collection, I wasn't aware they were Mint set only and wouldn't have thought to ask.

Sean Reynolds

Coinsponge · January 8, 2012 11:24PM

I'd say it looks like you only got 49 cents out of that Kennedy.

SanctionII · January 9, 2012 3:40AM

Thread Title edited to note that Photos have been added.

Thanks to Modcrewman for posting the photos.

This find is a prime example of the addage "If you do not look, you will never know what you are missing." On a whim I stopped by a B&M on the way back from a court hearing, just to snoop and satisfy my curiosity. Took 10-15 minutes and less than $5.00 to find and acquire something that is unusual and worth multiples of what I paid for it.

Anyone else have any thoughts/comments on how common or uncommon this type of error [clipped planchet 40% silver half in a Mint Set] is?

FredWeinberg · January 9, 2012 4:05AM

Your set has a nice-sized clip on it for
a Mint Set clipped planchet half.

I'd say that the 40% Half clips in Mint
Sets are scarcer than the clad ones,
but mainly due to the shorter span of them.

Scarce, not rare, and Sean was in the
right ballpark - it's a $75, maybe $100 tops,
(full retail priced) item....the clip is a bit
larger than more others I've seen in Mint
Sets...

Not bad at all for under $5....congrats.......

SanctionII · January 9, 2012 4:26AM

Thanks for the information Mr. Weinberg.

You indicated that the clip is nice sized. I am not that familiar with these types of errors and thought that the clip was on the small size. How common or uncommon is it to see this type of error where [using a Kennedy half as an example] the clip runs from the L in Liberty to the Y in Liberty and removes 15-20% of the metal of the coin? At some point in time does the removal/absence of metal in this manner change the label used to describe the error from a "clipped planchet" to something else?

SanctionII · January 9, 2012 4:30AM

Let me rephrase the hypo. Instead of from L to Y in Liberty [don't know what I was thinking], change the hypo to from L to B in Liberty.

FredWeinberg · January 9, 2012 5:12AM

What I meant was that most
are either rim clips, or smaller
clips.

The clip on your half isn't large,
but it's a -bit- larger than most of
the other clipped planchets
(of any denom) seen on average
in sealed Mint Sets.

It's probably a 2-3% clip, if we weighed
it out of the set (which of course
should not be done!)

seanq · January 9, 2012 5:37AM

Here's mine, it's a 1996-P still in the Mint Set packaging. the good news is the clip about as big as Sanction's, but the bad news is it's not silver.

Sean Reynolds

FredWeinberg · January 9, 2012 5:48AM

Sean, Your clipped Kennedy looks
larger, imo.

ModCrewman · January 9, 2012 5:54AM

Here's mine...neither silver nor in a mint set, nor uncirculated for that matter. I found mine roll searching half dollars.

SanctionII · January 9, 2012 6:24AM

I think that Sean's half has a much larger clip than mine.

Or maybe my eyesight is not very good

19Lyds · January 9, 2012 6:48AM

<< I think that Sean's half has a much larger clip than mine.

Or maybe my eyesight is not very good

>>

Or maybe Sean's eyesight isn't?

Error fans: I bought a 1969 Mint Set with a clipped planchet PHOTOS ADDED for the Kennedy half.

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Error fans: I bought a 1969 Mint Set with a clipped planchet **PHOTOS ADDED** for the Kennedy half.

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Error fans: I bought a 1969 Mint Set with a clipped planchet PHOTOS ADDED for the Kennedy half.