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1954 D Jefferson Nickel Damage - Formerly Encased Coin

 
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Author Previous TopicReplies: 9 / Views: 324Next Topic  
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 Posted 11/25/2022  11:44 pm Show Profile   Check tropicalbats's eBay Listings Bookmark this topic Add tropicalbats to your friends list Get a Link to this Message
A dealer I buy from a lot had this one waiting for me. He wasn't sure if it was an error or not, but one look and this one was easy to nail down as a formerly Encased Coin. Neither of us had seen this pattern before, which is what was throwing him off as he has seen hundreds of thousands of coins.

1954-D Jefferson nickel damage - formerly Encased Coin



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 Posted 11/26/2022  12:20 am  Show Profile   Bookmark this reply Add Hondo Boguss to your friends list Get a Link to this Reply
Evidently they really mash those coins during encasement. Seems that encased nickels are not as common as pennies or even other denominations.
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 Posted 11/26/2022  06:15 am  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
@tb, your nickel reminded me of a similarly textured piece posted this past May:

http://goccf.com/t/422174
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 Posted 11/26/2022  06:57 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Decent example. I haven't seen many formerly encased nickels.
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 Posted 11/26/2022  09:14 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Very interesting, agree encased nickels seem uncommon.
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 Posted 11/26/2022  12:09 pm  Show Profile   Check tropicalbats's eBay Listings Bookmark this reply Add tropicalbats to your friends list Get a Link to this Reply
Thanks all! And Spence that is exactly the same bezel used on the coin in the link you provided. Figured there had to be more than one out there, but just such an obvious pattern it would seem memorable if seen before. And you did!
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 Posted 11/26/2022  1:14 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
The coin is pressed into the encasement and thus leave the coin damaged to hold it in the holder. Removing it from the holder just shows now, a damaged coin. So if you have a coin in the holder, then leave it there. At least the coin will have some premium with the encasement. Removed, it is just a damaged coin.
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 Posted 11/26/2022  3:11 pm  Show Profile   Check tropicalbats's eBay Listings Bookmark this reply Add tropicalbats to your friends list Get a Link to this Reply
Hmmm, just a damaged coin. No premium. I bet if I put this coin and a similarly dated nickel with a minor clipped planchet up for auction, with the winner getting to choose which coin they wanted, this one would be chosen. Damage can be interesting and therefore collectible, right up to the multi-hundred dollar Daniel Carr restrikes and some hobo nickels.

Here is a damaged coin I made in the shop a while ago. I suspect I could get more than a quarter for it.


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