There is a forum member who purchased a 1921 Peace Dollar with a cracked planchet - I cannot remember who it was but I remember the coin and thought it was super awesome! A great example!
...that example was also graciously selected as plate coin by RWB in for his Peace $1 book Mint Error section.
...and a fine plate coin it is, too! One glance answers the "What's a cracked planchet/coin?" question. Very pleased that Broadstruck permitted use of his coin image.
I would not call the planchet flaw on this early dollar a "cracked planchet." It is a flaw that existed at the time when the coin was struck. For what ever reason the dollar planchet passed the weight test and so it was struck.
A cracked planchet occurs when a planchet has not been properly annealed or heated. A planchet must be heated before the coin is struck to soften the metal properly. If the metal is brittle and not soft, it will split or crack. That’s what happened to the Peace dollar that was shown earlier.
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 ... ?
This one is at PCGS right now awaiting it's fate. I was told that they may not slab it because of the planchet crack. It's not all that large, but viewed through a loupe it is interesting.
Comments
But seriously I think it is classfied in the same category as a lamination - it is caused by a flaw in the metal.
As for collectibility - I think they are neat to see - so I collect them.
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SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>I think it is classfied in the same category as a lamination - it is caused by a flaw in the metal. >>
-Paul
A cracked in half ANACS date less MS62 Buffalo 5c recently sold at auction with a start of $700.
I've seen a few Draped Bust $1's, Capped Bust 50c, WLH's, Peace and Morgan $1 with about less then a 1/4" cracks and they sell at a premium.
But mostly it depends on how long the crack is and what grade the coin is?
I think this may be the only cracked planchet I own, it's the VAM Book Peace $1 Plate Coin in the Error Section.
Goodmanized image version below...
Crack is whack!
You are on some serious crack!
Step on a crack...
<< <i>The Peace dollar is certainly all it's cracked up to be!! >>
Oops that example was also graciously selected as plate coin by RWB in for his Peace $1 book Mint Error section.
Ed. S.
(EJS)
...and a fine plate coin it is, too! One glance answers the "What's a cracked planchet/coin?" question. Very pleased that Broadstruck permitted use of his coin image.
If they were unable to pass the “World Grading Class,” I can certainly understand their stress…
<< <i>
I would not call the planchet flaw on this early dollar a "cracked planchet." It is a flaw that existed at the time when the coin was struck. For what ever reason the dollar planchet passed the weight test and so it was struck.
A cracked planchet occurs when a planchet has not been properly annealed or heated. A planchet must be heated before the coin is struck to soften the metal properly. If the metal is brittle and not soft, it will split or crack. That’s what happened to the Peace dollar that was shown earlier.
I think we can all agree that the longer the better, but when does interest and collectibility begin - I might say at about a quarter inch - JMO.
It's not all that large, but viewed through a loupe it is interesting.
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Go BIG or GO HOME. ©Bill
<< <i>The Peace dollar is certainly all it's cracked up to be!! >>
no kidding, i like that one for sure