Bust dollar with ragged edge error?

jmcu12

Not my auction

I saw this on ebay today - it looks like a ragged edge on a bust dollar - are planchet errors common on early dollars?

Error bust dollar

garrynot

..

coinkid855

<< <i>I am guessing that PCGS did not consider that to be a planchet error. They judged it post mint damage. >>



Code 93 is for planchet flaw.



-Paul

BillJones

<< <i>Not my auction

I saw this on ebay today - it looks like a ragged edge on a bust dollar - are planchet errors common on early dollars?

Error bust dollar >>



Planchet problems are not that common on early dollars, but they are undesirable. If you can afford better I’d stay away from coins like this. Getting your money back out of them is not always easy, and if the market does go up, you will have a harder time reaping the rewards.

Nysoto

It appears from the image to be a planchet flaw, not post mint damage. There was a recent thread on a early dollar planchets flaws and whether they should be classified as errors, put in genuine holders, or graded in regular holders.

I believe the degree of the planchet flaw should classify this coin as an error, and it should not be be in a geniune holder with all of the other PMD issues. Minor planchet flaws that do not extent into the field should be graded in regular holders, in my opinion. While minor planchet flaws are more common, the planchet flaw on the OP coin is probably beyond acceptable tolerance levels for the early Mint, thus an error.

grip

I would like it for about $300.00.

BillJones

<< <i>I would like it for about $300.00. >>



Heck I'd pay two times that, and I don't like the coin because of the flaw. At that level it would worth it to show the production problems at the first mint.

The very first bust dollar I bought back in 1970 cost me $210.00, and that was a VF-30 that had been dipped white. Back in those days the white color was widely acceptable.

LanceNewmanOCC

.
.
another topic we heavily discussed pretty recently

something like "why would pcgs grade this dollar" or something was the topic,

it received quite a few posts
.
.

seanq

I'd welcome it into my type set.


Sean Reynolds