Die Breakage Errors - Coin Community Forum

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Author	Replies: 4 / Views: 879
Nelrak Pillar of the Community United States 974 Posts	Posted 01/19/2008 7:11 pm Do these errors carry any extra value? The reason why I ask is a shop I go to got in trade a 1921 Peace $ with a gouge running from Liberty's mouth to the left at a slight downward angle and it gets wider as it gets closer to the edge. The metal right at the edge is folded over upon itself. They have it graded as XF Die Damaged for $110, which is standard price for a 1921 in XF. Report this Post to the Staff

coppercoins Pillar of the Community United States 7629 Posts	Posted 01/19/2008 8:00 pm I would advise steering clear for two reasons: 1. Unless you are 100% certain it is a mint error, you could be buying a damaged coin for far more than it's worth. 2. Even if it is a minor error, the error would make the coin less appealing to most collectors. I would suggest sticking to 'normal' coins for semi-key and key date coins, and keep the errors to the more common dates. If this had been a 1922 Peace dollar with the same anomaly and you said it was available for $25, I'd say it's safe enough to take your chances...but not with a 1921 Peace dollar. Save your money and buy a non-damaged, non-error coin. Report this Post to the Staff
Nelrak Pillar of the Community United States 974 Posts	Posted 01/19/2008 10:26 pm Sound advice. Guess it's better money spent getting something else. I might get a picture of it just for educational purposes. Thanks, Chuck! Report this Post to the Staff
foundinrolls Pillar of the Community United States 3507 Posts	Posted 01/19/2008 11:52 pm This also sounds to me like a way to sell a coin with a damage as something it isn't. What scares me is that there is a gouge that is visible with metal still there around the area of the gouge. It doesn't sound like a Mint Error or the raised metal would have been struck flat into the surface of the coin. Report this Post to the Staff
InfiniteInterest Pillar of the Community United States 673 Posts	Posted 01/20/2008 10:43 am The original question of whether die breaks have extra value, I have to say yes in certain circumstances. This does not sound like a die break though, so I guess the responses are right on. That said, if you look in the Cherry Pickers Guide nearly half of the Peace dollar VAM's are die breaks . I posted an 1887 Morgan dollar in the grading post last week, it has a die crack that runs nearly all the way around near the reverse rim. Under the D in Dollar there is a small die break. I researched this coin and found out that it does indeed carry a rather large premium for the "Donkey Tail" die break. This otherwise common date coin that was sold to me for 14.50, was suddenly a nice VF VAM 1A with an estimated value between 200-300 dollars. I love Die cracks and breaks !! Report this Post to the Staff
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