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$3 Gold Planchet Error

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  • brokedoc
    • Feb 2012
    • 4
    #1

    $3 Gold Planchet Error

    I am new to CONECA and was hoping to get an opinion on a coin I recently acquired. The details of the coin are quite good - Possibly AU+ - but there is a very large planchet defect present.

    Would this raise or lower the value of the coin?

    Sorry in advance for the crappy images

    20120202220808.jpg

    20120202220831.jpg

    20120202221137.jpg
    Tags: None
  • coin-crazy
    • Aug 2010
    • 528
    #2
    Damage always lower the over all value of a coin,unless its super rare then no one cares.

    Mikee
    Still the best "Nickel Trail Die Hunter". 2013 ((MIKEE)) T.Davis

    Comment

    • NearDateHound
      • Oct 2007
      • 90
      #3
      If it's damage that happened to the coin after striking ("post-mint") then it certainly would lower the value of the coin. If it was something that was an issue with the planchet before it was struck or happened as a result of the striking process, that would be an error and would add to the value rather than decreasing it. With the price of gold being as insane as it is right now the difference in dollar value might be small, but something that clear to the naked eye would certainly have a premium. With better pictures it would be easier to tell if it happened at the mint, or happened post-mint.

      Comment

      • brokedoc
        • Feb 2012
        • 4
        #4
        Originally posted by NearDateHound View Post
        If it's damage that happened to the coin after striking ("post-mint") then it certainly would lower the value of the coin. If it was something that was an issue with the planchet before it was struck or happened as a result of the striking process, that would be an error and would add to the value rather than decreasing it. With the price of gold being as insane as it is right now the difference in dollar value might be small, but something that clear to the naked eye would certainly have a premium. With better pictures it would be easier to tell if it happened at the mint, or happened post-mint.
        Thanks for the feedback. I just got a set of macro lenses but I'm still trying to get the hang of different lighting angles to bring out details...
        Attached Files

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        • NearDateHound
          • Oct 2007
          • 90
          #5
          Looks from here like an incuse (think trench) line straight through the details of the hair, which is probably post mint damage. The thing on the right side of the field is throwing me off though. Is the line through the hair and the field (all the way to the rim from the looks of it) raised or trenchlike?

          The photos definitely look like you're getting used to those macro lenses quickly, this one is just really tricky to photograph, well done.

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