Coin Community Family of Web Sites
Vancouvers #1 Coin and Paper Money DealerRare coin news, video, and resources.SELECTED Modern WORLD Coins with LOW MintageModern Coin WholesaleAustralia's certified coin marketplaceCoinSniper.com is the numismatic penny auction.
Coin Community Forum
Username:
Password:
Save Password
Forgot your Password?

Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!
 All Forums
 US Coins and Currency Discussion Forums
 US Classic Coins
Share this topic!
 

Does a Planchet Clip Reduce the Value?

Author Previous Topic Topic Next Topic  
cipster
Pillar Of The Community
United States
883 Posts
 Posted 06/01/2012  8:10 pm Show Profile Check cipster's eBay Listings Bookmark this topic Add cipster to your friends list Get a Link to this Message

I've been trying to update my 1795 Large Cent and see a few that have planchet clips. For example this one - http://www.ebay.com/itm/35056965411....m1438.l2649

Does this reduce the value of the coin? As usual I appreciate the opinions of the forum experts.

Member ANA
Pillar Of The Community
United States
11093 Posts
 Posted 06/01/2012  8:21 pm  Show Profile Bookmark this reply Add just carl to your friends list Get a Link to this Reply
My opinion is YES. A little is normal on some really old coinage. But that one is a bit to excessive for me.
just carl
Moderator
Coin Community SupporterSupporter!
United States
12493 Posts
 Posted 06/01/2012  8:39 pm  Show Profile Check SsuperDdave's eBay Listings Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
My opinion is NO. Which doesn't mean carl is wrong.
The best thing about a bicycle is that it uses no gasoline, therefore the chance of fiery death is greatly reduced.

First Catman, then Gary Burke and now Bigg Fredd - there's one heck of a coin club in Heaven.
Pillar Of The Community
United States
6124 Posts
 Posted 06/01/2012  8:56 pm  Show Profile Check basebal21's eBay Listings Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I going to agree with both of the above. I dont think all of them do but that one is extreme so in this case I would say yes
Pillar Of The Community
Coin Community SupporterSupporter!
7693 Posts
 Posted 06/01/2012  9:06 pm  Show Profile Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
I have no opinion either way.
Pillar Of The Community
United States
3294 Posts
 Posted 06/01/2012  10:05 pm  Show Profile Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
On moderns it improves it, but on classics, I would say it reduces value to me.
Pillar Of The Community
850 Posts
 Posted 06/01/2012  11:25 pm  Show Profile Bookmark this reply Add ErrorCoins222 to your friends list Get a Link to this Reply

Quote:
On moderns it improves it, but on classics, I would say it reduces value to me.

I'd agree. With the older coinage it may be considered a defect.
Pillar Of The Community
United States
1050 Posts
 Posted 06/03/2012  4:48 pm  Show Profile Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
I consider a clip a mint defect and wouldn't include one in a set of normal coins. If you did buy this coin I can see you not being happy with it as it won't look "right" amongst the other coins in your set.

If you collect clipped coins then it would be a nice addition to that collection.

Ed
ANA LM-3175
They told (us) to open up the Embassy, or "we'll blow you away." And then they looked up and saw the Marines on the roof with these really big guns, and they said in Somali, "Igaralli ahow," which means "Excuse me, I didn't mean it, my mistake".
Karen Aquilar, in the U.S. Embassy; Mogadishu, Somalia, 1991
Pillar Of The Community
Coin Community SupporterSupporter!
United States
883 Posts
 Posted 06/03/2012  5:54 pm  Show Profile Check cipster's eBay Listings Bookmark this reply Add cipster to your friends list Get a Link to this Reply
Thanks everyone for your opinions on the 1795.


Quote:
If you did buy this coin I can see you not being happy with it


I didn't buy it but did come across a nice 1794 and bought it instead. That's what happens when you have so many coins that need updating.

I'll start watching 1795 auctions again while I try to get some $ together.
Member ANA
Pillar Of The Community
Coin Community SupporterSupporter!
United States
5312 Posts
 Posted 06/03/2012  6:00 pm  Show Profile Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
i would prefer a "whole" coin, so for me, a planchet clip degrades the coin's quality but it's how this coin was minted and I can certainly appreciate the history of it. It still gets a !
Links to ALL previous "Days of..." Threads:
http://www.coincommunity.com/forum/...08352#108352
Edited by Moe145
06/03/2012 6:01 pm
Pillar Of The Community
United States
1535 Posts
 Posted 06/03/2012  6:43 pm  Show Profile Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
I say that a clip on the Large Cents reduces value: they are common, so most collectors will go for a complete coin that shows as much detail as possible. Small clips are often seen as problems.

On another note, I saw a 1877 Indian head cent with a rim clip. Seller tried listing it for a huge premium because of this and I saw it on the market for over a year. Now, maybe the 3 people in the world building a complete set of Indian Cents with errors on them would want it, but seems like no one else bit.
Pillar Of The Community
United States
11093 Posts
 Posted 06/03/2012  8:41 pm  Show Profile Bookmark this reply Add just carl to your friends list Get a Link to this Reply
The way I looked at it is if I was at a coin show and I needed that coin and a dealer had that one. And it was the only one at the show, I'd still not buy that one.
just carl
  Previous Topic Topic Next Topic  
 New Topic New Poll New Poll  Reply to Topic  Printer Friendly

Popular Collector Coins



Huge Variety of Australian CoinsCheck out the newest releases from the Perth MintCheck out the newest releases from the Perth MintCoinSniper.com is the numismatic penny auction.Rare coin news, video, and resources.
New Forum Topics Recently Active Forum Topics CCF Member eBay Coin Sales
Buying? Check out our member's listing on eBay first. The following links will only contain listings from our members.
All Listings
Ending Soon Newly Listed Lowest Price Highest Price Certified Coins
Categories
US Coins World Coins Australian Coins Canadian Coins Exonumia Bullion
Popular Searches
Morgan Dollars Certified Vams Certified Errors



Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2013 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use
Coin Community Forum © 2005 - 2013 Coin Community Forums Go To Top Of Page
It took 0.53 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05