Value of a clipped planchet?

Comments

• 19Lyds Posts: 26,492 ✭✭✭✭

  June 26, 2008 2:12AM

  The value of a coin with a clipped planchet is dependent upon several variables:
  
  1. The size of the clip. Small clips may have little value whereas large clips sometimes have significant value.
  2. The type of clip. Straight, curved, ragged, multiple clips, etc.
  3. The coin that the clip is on.
  4. The number of clips available for that specific year, mintmark and coin (Example: 1983-P Washington quarters had a bunch of clips and off center coins for whatever reason. Net result: Lower Prices since they are readily available.
  5. The actual grade of the coin the clip is on.
  6. The type of coin the clip occurs on (proof or uncirculated)
  7. The medium the clip was found in. (Proof Set, Mint Set or just a regular uncirculated coin.) Obviously a clipped coin in a mint set has more value and desireability than a coin pulled from a mint bag. A Proof coin with a clip would have even more value again depending upon size and type.
  
  For your particular coin, my initial reaction would be" Not a significant premium over the grade of the coin. However, I am not a Lincoln collector and know very little with regard to clips for this specific year/mm combination. However, I do know that some years of Lincoln errors go for a lot less than one would think.
  
  My advice is to get onto eBay and do a search on clipped Lincolns. You should get a good idea for real world prices.
  
  Hopefully, this helps.

  I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
  
  
  
  The name is LEE!

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• 19Lyds Posts: 26,492 ✭✭✭✭

  June 26, 2008 2:14AM

  I forgot to add, that any clip which crosses my palm will either get saved or graded simply for the uniqueness of the error.

  I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
  
  
  
  The name is LEE!

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• seanq Posts: 8,732 ✭✭✭✭✭

  June 26, 2008 2:14AM

  Because of the condition and size of the clip, I don't think $10-15 is unreasonable. If the clip were smaller I'd say $8-10, if the coin was circulated I'd say $5-8.
  
  
  Sean Reynolds

  Incomplete planchets wanted, especially Lincoln Cents & type coins.
  
  "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

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