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Do Cracked Dies Have A Premium?

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Bedrock of the Community
United States
10045 Posts
 Posted 09/02/2011  1:52 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list
The one country I know where collectors put special emphasis on die cracks is Australia.
Die cracks are well-documented and collected there--and some carry good premiums too.
Valued Member
Spain
134 Posts
 Posted 09/02/2011  2:32 pm  Show Profile   Bookmark this reply Add silvermaniac to your friends list
I was planning on selling these 2 coins; since I already have both in a higher grade. But after reading your answers I think I'm going to keep them; just in case they turn out to have any additional value. :)
Bedrock of the Community
United States
20753 Posts
 Posted 09/03/2011  6:41 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
I was planning on selling these 2 coins; since I already have both in a higher grade. But after reading your answers I think I'm going to keep them; just in case they turn out to have any additional value. :)

Good Idea. If you get a chance to go to coin shows, take them with and ask several dealers what they consider a decent price. Usually ask dealers that already have some Mint errors on their table.
Valued Member
Spain
134 Posts
 Posted 09/05/2011  09:27 am  Show Profile   Bookmark this reply Add silvermaniac to your friends list
Just today I received, again by chance, yet another coin with a beautiful crack. It's the 3rd in a week! :)

Do-Cracked-Dies-Have-A-Premium?
Edited by silvermaniac
09/05/2011 09:29 am
Bedrock of the Community
United States
20753 Posts
 Posted 09/05/2011  10:48 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
Just today I received, again by chance, yet another coin with a beautiful crack. It's the 3rd in a week! :)

Finding them may be like finding slight offsets. You could have had many of them in the past but once you find the first ones, it sort of makes you look closer for them.
Ever notice the same is true of cars and other things. You get a certain car and suddenly you notice how many of the same ones are on the streets. Never saw them before either.
Ever notice how many error coins are on the obverse? So few people look at the reverses.
Valued Member
Spain
134 Posts
 Posted 09/05/2011  12:51 pm  Show Profile   Bookmark this reply Add silvermaniac to your friends list
Yes, I though about that; I might have a dozen more that I didn't even noticed. Offfets I know I have, I as remember seeing them before; but I didn't thought there were also considered errors.

In any case, if both offsets and cracked dies are so common; then the premiums must be quite low; if any. :(
Bedrock of the Community
United States
17884 Posts
 Posted 09/06/2011  11:55 am  Show Profile   Bookmark this reply Add Conder101 to your friends list
A few small individual cracks are common and do not normally add value. If the cracks are very large they can but do not always add value. Extensive multiple cracking does tend to increase interest and add value. For example the 1839-O F106a dime known as the cobweb reverse. It is a extreme example of die cracks and you have to wonder how the die was holding togehter. Here is a link to a page on this variety It includes a diagram that marks out all the major cracks but as can be seen in the close up of the TES OF area there is a lot more cracking than shown on the drawing.

http://www.seateddimevarieties.com/...106apage.htm
Bedrock of the Community
United States
10045 Posts
 Posted 09/06/2011  12:07 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list
That's a spectacular coin! How much of a premium is on this coin? I imagine the collar is the only reason that die held together that long....
Edited by DVCollector
09/06/2011 12:31 pm
Valued Member
Spain
134 Posts
 Posted 09/06/2011  1:53 pm  Show Profile   Bookmark this reply Add silvermaniac to your friends list
Wow... that's a crack!

These are the other 2. They are bigger than the picture I posted above, but nothing compared with that dime...

This is the British Sixpence:

Do-Cracked-Dies-Have-A-Premium?

And this is the Spanish 2 pesetas:

Do-Cracked-Dies-Have-A-Premium?
Bedrock of the Community
United States
10045 Posts
 Posted 09/06/2011  1:56 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list
Here are nice die cracks on a coin I have from British India:

Do-Cracked-Dies-Have-A-Premium?
Edited by DVCollector
09/06/2011 1:58 pm
Valued Member
Spain
134 Posts
 Posted 09/07/2011  11:05 am  Show Profile   Bookmark this reply Add silvermaniac to your friends list
That's a beautiful crack, on a very beautiful coin. Do you know if that coin has a premium because of the cracked die? If so; how much?
Edited by silvermaniac
09/07/2011 11:07 am
Bedrock of the Community
United States
20753 Posts
 Posted 09/07/2011  11:12 am  Show Profile   Bookmark this reply Add just carl to your friends list
Conder101: that coin is almost funny.
Bedrock of the Community
United States
10045 Posts
 Posted 09/07/2011  12:46 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list
Silvermaniac, I don't think so...I been told these coins were struck until the dies fell apart; they are common.
Valued Member
Spain
134 Posts
 Posted 09/07/2011  1:35 pm  Show Profile   Bookmark this reply Add silvermaniac to your friends list
I was fearing you would says that. :(

And I guess that also goes for my sixpence and 2 pesetas.

In any case, I find that Edward VII 1/12 Anna fantastic; just got this week my first British-Indian coin (a Victorian Rupee) and it's already one of my favourites.
Valued Member
Spain
134 Posts
 Posted 09/07/2011  1:41 pm  Show Profile   Bookmark this reply Add silvermaniac to your friends list
Off topic...

I mainly collect silver coins, but I was thinking that maybe -now that gold and silver are so high- this could be a good moment to buy other great coins at a good price.

Has any of you noticed non-gold/silver coins go down, or have they also gone up?
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