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Replies: 9 / Views: 315 |
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Pillar of the Community

United States
5000 Posts |
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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Moderator

United States
120433 Posts |
Interesting find. 
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Pillar of the Community

United States
596 Posts |
Evidently they really mash those coins during encasement. Seems that encased nickels are not as common as pennies or even other denominations.
Inordinately fascinated by bits of metal with strange markings and figures
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Moderator

United States
26047 Posts |
"If you climb a good tree, you get a push." -----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz
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Bedrock of the Community
United States
10552 Posts |
Decent example. I haven't seen many formerly encased nickels.
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Bedrock of the Community

United States
74957 Posts |
Very interesting, agree encased nickels seem uncommon.
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Bedrock of the Community

United States
13738 Posts |
I guess they person didn't want the coin to rotate in the encasement.
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Pillar of the Community

United States
5000 Posts |
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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Bedrock of the Community

United States
60908 Posts |
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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Pillar of the Community

United States
5000 Posts |
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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Replies: 9 / Views: 315 |
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