1940 Wheat, Clipped - Coin Community Forum

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Author	Replies: 5 / Views: 1,323
rh13 Valued Member United States 465 Posts	Posted 08/23/2010 11:30 pm Is this clip large enough to call it "clipped planchet"and would it help value? Report this Post to the Staff

Scooby Due Pillar of the Community United States 4000 Posts	Posted 08/23/2010 11:35 pm Technically, it is called an "incomplete planchet". But, I guess "clipped planchet" is never going to go away. But, yes, that's a good one a worth a modest premium. It's a keeper! Report this Post to the Staff
rh13 Valued Member United States 465 Posts	Posted 08/23/2010 11:56 pm thanks,,clipped is how the Red Book lists misstrikes so now I have at least learned something today,,a bird in the hand.........thanks again Report this Post to the Staff
Dcreek1968 Valued Member United States 314 Posts	Posted 08/24/2010 09:00 am Scooby, when you say its worth a modest premium,can you give us some real figures? What does a coin like that sell for to an error collector? What would a dealer pay? Just curious. Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 08/24/2010 11:21 am It would be worth a few dollars to a collector, a dealer would not pay much at all for it though(a buck if you are lucky). It is a small clip and a larger one would increase the value as would a coin in nicer condition. Report this Post to the Staff
Scooby Due Pillar of the Community United States 4000 Posts	Posted 08/24/2010 11:22 am Well, pricing is always speculative. Personally, I wouldn't pay more than about $5-7 for it. So, a dealer might give you half of that (he has to make money, too!) Of course, if you were lucky enough to have several people caught up in a bidding war, you might realize more. There are some error collectors that are perfectly content with just having an incomplete planchet in their collection (hence the $5-7 price tag), and there are collectors that are trying to complete a collection of every year or maybe even every year and mintmark. If that happened to be one that they really needed...... If you took a poll, I would imagine you would get votes from $2-$10. Report this Post to the Staff
	Replies: 5 / Views: 1,323

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