Need help from gold error folk...
chrisfl
Posts: 27 ✭✭
Hello all, I was hoping to get help identifying what is going on with this . At first I thought it was a spot , but upon closer examination it looks more like a damaged planchet or some sort of strike through. I am trying to decide if I should send it in for grading as error( if it is worth it) or return it to the mint ....I know it is a modern but I do like the design ...Any help would be appreciated ,Thanks
0
Comments
Hard to say if worth bothering to slab.
<< <i>Could be a fragment of brass that was either rolled into the planchet strip before the blank was punched out, or something that was struck into the coin in the press. My guess is rolled into the strip. >>
That would explain the color. Seems to stop at the border of the 7 and the I of the motto.
Very unusual.
Erik
As the Captain says, something was
rolled into the planchet before it was
struck;
Could also be a flake of metal that
was on the surface of the planchet
when it was struck.
Hard to know for sure from the scans.
As to whether it's worth slabbing -
I'd say probably, but there's no assurance
that someone will pay a premium over the
normal coin's value for this type of error.
--Severian the Lame
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
<< <i>What was the issue price on these? >>
$407
The "rolled in slag" would explain what I see under the scope ,and even though the picture looks like it may be a lamination issue what you see is actually flush or a void... best I can tell.
Does PCGS have different criteria for grading errors? the coin is stunning...... other than the obvious. My fear is if I return It, I would get one that does not have the eye appeal that this one has...... To be honest the error is not all that distracting.
I prefer to slab to help protect them from....well.... me, .... especially coins that I think may be handled more often.
Thanks for the welcome Erik...and thanks for the help everyone.
<< <i>Does PCGS have different criteria for grading errors? the coin is stunning...... other than the obvious. My fear is if I return It, I would get one that does not have the eye appeal that this one has...... To be honest the error is not all that distracting. >>
Have never seen an error coin that I did not like. I would slab it if it were mine. Only risk is that the market price, error or not may drop to near melt as often happens with the gold commems.
As looking at the edges of the discolored areas I think I see bubbles toward the edges.
Edited to add: The more I look at this the more it looks like glue was spilled on it.
I sent this picture though photobucket so it has better detail.