Planchet Error on Proof Coin

[cancan58]

Hello,

My question is concerning straitions in the planchet, specifically proof coins that are in the holder. Would that be a mint error if the image had the fine lines and the field was a mirror image. Would it be worth it if I get the coin graded.

[wavysteps]

There are a couple of questions that need to be answered. What kind of holder is the proof coin in? Can it be taken out of that holder to see if these striated lines are on the coin or the holder? What is the extent of the lines (how much area do they cover) and on what side of the coin are they on? Can you take a picture of the coin?

BJ Neff

[jcuve]

I'll reiterate BJ's point that a pic of some sort would help a lot.

Are the lines straight or circular?

And supposing it is a planchet error, depending on which one, the identification would help with the whole grading question. I'll add that it seems to me that collectors are far too enticed to send in coins that have supposed errors or varieties when there is usually little benefit in doing so unless certain criteria are in place. But I'll stop babbling about that for now...

[Tuffjump]

Babbling

I'll reiterate BJ's point that a pic of some sort would help a lot.

Are the lines straight or circular?

And supposing it is a planchet error, depending on which one, the identification would help with the whole grading question. I'll add that it seems to me that collectors are far too enticed to send in coins that have supposed errors or varieties when there is usually little benefit in doing so unless certain criteria are in place. But I'll stop babbling about that for now...

I for one would be interested in hearing some "babbling" on just that subject. I could use some education on what criteria you use on slabbing errors or varieties as I have a few now that I am considering.

[jcuve]

First, I would suggest determining if it is for their collection or for resale. If your collection is all PCGS or ANACS, then it makes sense to continue in that holder(s). Collectors tend to have their favorite TPG(s) and sometimes hated ones. I have seen all of them make mistakes, so I would not recommend or discourage the use of any of the TPGs.

If you are selling the coin, check the market for the variety (or error) in the company's holder you seek. If it is a 1972 DDO-009, there is a disparity between a RAW coin and a MS64 or higher in a PCGS slab - registry collectors pay more for PCGS.

With errors I think one should know what it is for certain first as opposed to sending it in and finding out later. On another forum where I moderate I see people send in the weirdest things and only find out later it was nothing or something rather common to be in an expensive slab. I always try and get collectors to send their error finds to an error expert first if we cannot identify it - cheaper and faster that way.

Personally I do not slab my finds or acquisitions as I like to study them in person under the scope. I suppose if I had an extra error that was worth much more in slab, I might dump it though.

[cancan58]

Planchet error on proof coin

Thank you so much for your speedy turnaround on my question.

This is a proof coin set (2009) silver and in the mint holder. I tried but I could not remove the coins from the holder. The error appears to be on the obverse covering the Washington Profile, while the background is a mirror image. I have not tried to take photographs and the lines only appear as I rotate the holder but the effect is not on all the coins in the holder. The lines appear to cover the entire profile but appear to be uniformely compact and straight, I examined it with a 10x loupe and I am a collector who would consider selling the set if it were of considerable value.

I don't have a camera that can take micro images so I didn't even attempt to but I guess I can try.

Thanks to all who responded !!!