Does an extremely minor rim clip... **Pics Added**
AskRaq
Posts: 2,303
...devalue an otherwise nice coin? Whereas, a bolder rim clip would increase it's value? And does it decrease the possible grade?
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<< <i>What is the sound of one hand clapping? >>
LOL.... kinda like the forum lately??
Well, I just received my newest purchase - a very nice, raw, XF 1888 IHC in a 2x2.... and then I noticed it's got a minor rim clip that just shows primarily as no denticles for about an 18th of an inch at the obverse 2 o'clock position (reverse 4 o'clock). I figured it wouldn't be considered "XF" anymore - but wasn't sure??
Nor should it affect the grade, up or down either way. An XF40 coin with a clip should be described just so: "XF40, clipped planchet at (x):00".
<< <i>What is the sound of one hand clapping? >>
My friends and I ran across this quote when we were kids. It was Lao Tzu, or some similar philosopher. "We all know the sound of two hands clapping. But what is the sound of one hand clapping ?"
Anyway, my friend starts flapping his hand wildly. Must have been double jointed or something, but that hand clapped !!
We roared .....
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<< <i>In any case I would steer clear of key date coins with any error. Key date coins are valuable for a completely different reason, and a key date coin with flaws, even if mint created, would limit their marketability. MANY people would rather have a nice MS64RD 1914D cent than a 1914D cent that's MS64RD with a huge lamination peel across the obverse. >>
Agreed 100%. The late Pete Bishal called key date coins with errors "white elephants." Error collectors don't necessarily want key dates, and key date collectors want them perfect. It's only deranged individuals like me that prefer both.
Which brings us to the OP's question. The rim clip, if it is as minted and not damage, should not affect the grade. You would probably not get "full value" from someone doing a date set of Indians in XF because of the clip. You might get "full value" from an error collector, but I would not expect to realize much if any premium for the error.
Finally, this thread would be much cooler if you added a pic of the coin in question.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
<< <i>
Finally, this thread would be much cooler if you added a pic of the coin in question.
>>
I didn't notice it at first (being in the 2x2)... but wasn't so happy once I got it out and saw it - and then I noticed the ding on her nose (ouch!)
<< <i>Sorry. That is post mint damage. It is a hit in value. >>
Egads...nooooo. I think I'm past the return time (didn't notice it right away)
...and yes.... I'm touching it.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
The obv. scan looks like a small "end of strip" clip.
The rev. scan doesn't quite look right, but on many of these
"straight" clips, the edge of the clip looks different on each
side of the obv. and rev.
I'm tentatively leaning towards OK, but not positive. Tuff to
tell just from those specific scans.......