Planchet Defects and coin value? Picture added

moosesr

Do planchet defects usually add to or reduce a coins value?

shorecoll

Depending on how severe, they usually detract. I have a large cent which would be finest known for the variety by a mile, but is worth spit (technical term) because of a major planchet flaw.

ambro51

Curious Question. All depends on the age and series. A fissure or rift is almost run of the mill with Vermonts and is minimally detracting. The same defect on a 1993 Roosevelt would be a major error and command a high price. On Feuchtwangers, the nature of the metal contributed to flaws but they do detract from values. And thats the view from Esoteric Alley

lkeigwin

Usually defects reduce the value. I'm sure there are exceptions according to the series, the nature of the error, and collector interest.

I bought this for half its price guide value.
Lance.

astrorat

Added substantially to the price.

Tonedlover

I don't mean to interrupt this thread, but I just received my first "planchet flaw" coin back from PCGS in an UNC Details holder. I guess I had assumed that a planchet flaw was like a mint error; since it happened during the minting process, it wouldn't get a details grade, but live and learn I guess

moosesr

">Defect Picture

moosesr

Here is a picture, the Morgan is in a old ANACS holder with no mention of the defect:

Shamika

Planchet flaws will typically ADD value to low value coins and will REDUCE value on a high value coins. If you find a planchet flaw in circulation, you should keep it. But a planchet flaw on a 1909-S VDB would suck.

johnny9434

<< <i>Usually defects reduce the value. I'm sure there are exceptions according to the series, the nature of the error, and collector interest.

I bought this for half its price guide value.
Lance.

>>

nothing wrong with that nice score in my books

seanq

<< <i>

<< <i>Usually defects reduce the value. I'm sure there are exceptions according to the series, the nature of the error, and collector interest.

I bought this for half its price guide value.
Lance.

>>

nothing wrong with that nice score in my books >>




If that had shown on the reverse as well, like a ragged clip, I would have paid you twice the price guide for it.


Sean Reynolds

ricko

I treat planchet flaws as curio's... and save them in my 'study' group. Cheers, RickO

WoodenJefferson

Those particular coins are not referred to as 'flaws' on a whim. It actually means 'defective' and not intended for actual use. Other than extreme cases where the new;y developed "riddler' machine culling out defective planchets, it was extremely hard for the Mints to detect minor anomalies in the production runs, so they quietly enter circulation. For obvious reasons, only the gold coins were closely scrutinized for defects as such and rejected. I would think a 'ragged edge' or a 'clam shell' would add a premium to just about any coin, where as a lamination peel would not.

If a defect is dramatic or unusual, it is going to appeal to a small percentage of collectors who will opt to pay a bit more to secure the coin. Course, grading companies shy away from lamination peels as well they should.

lkeigwin

<< <i>I don't mean to interrupt this thread, but I just received my first "planchet flaw" coin back from PCGS in an UNC Details holder. I guess I had assumed that a planchet flaw was like a mint error; since it happened during the minting process, it wouldn't get a details grade, but live and learn I guess >>


You have to submit it as an error in order for it to receive a grade along with a notation about the kind of flaw.
Lance.

moosesr

I guess I won't be trying to cross my coin to PCGS