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What Do You Think Of Chop Marks?

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oih82w8's Avatar
United States
7840 Posts
 Posted 12/14/2011  10:22 pm Show Profile   Bookmark this topic Add oih82w8 to your friends list Get a Link to this Message Number of Subscribers
I am looking at a Trade dollar for my 7070 and there are numerous that have Chop Marks (some have alot and can be distracting). What do you think about them?
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ky wonder's Avatar
United States
61 Posts
 Posted 12/14/2011  10:26 pm  Show Profile   Bookmark this reply Add ky wonder to your friends list Get a Link to this Reply
i have a old spanish 1776, 8 real with chops, I like the history that it tells of the coins travels, through out its life, but I would not want one that was over marked
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fcrazo's Avatar
United States
651 Posts
 Posted 12/14/2011  10:30 pm  Show Profile   Bookmark this reply Add fcrazo to your friends list Get a Link to this Reply
At least the chopmarks give it character plus less chance of the coin being a Chinese counterfeit.
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Moe145's Avatar
United States
8904 Posts
 Posted 12/14/2011  10:46 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
I personally think a Trade dollar SHOULD have chop marks!

I don't have a nice chop-marked Trade dollar but I am very interested in replacing my un-marked Trade dollar in my 7070:

What-Do-You-Think-Of-Chop-Marks? What-Do-You-Think-Of-Chop-Marks?


for one with chop-marks. It shows the dollar was used the way the USA intended it to be used in commerce.
I think it's a great way to show how these coins were designed to be used!
Edited by Moe145
12/14/2011 10:47 pm
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ErrorCoins222's Avatar
United States
1699 Posts
 Posted 12/14/2011  10:50 pm  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list Get a Link to this Reply
I don't really see them as damage, but part of a coin's history, unlike a scratch or a rim ding. Some chopmarks look better than others though, so one still has to be selective.
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mitchhailey's Avatar
United States
1150 Posts
 Posted 12/15/2011  01:18 am  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
You should check out the chop marked Trade dollar registry set (either NGC or PCGS)!
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oih82w8's Avatar
United States
7840 Posts
 Posted 12/15/2011  09:02 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I wish ANACS would have some sort of registry like NGC and PCGS does.
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14ers's Avatar
United States
230 Posts
 Posted 12/15/2011  09:04 am  Show Profile   Bookmark this reply Add 14ers to your friends list Get a Link to this Reply
I agree that a chop on a Trade dollar adds an undeniable historical touch to the coin. With a little patience you can find one with a few chops that impair the design only minimally.

Just a couple decades ago a chopmark was about as welcome on a Trade dollar as a hole or someones name crudely carved in it. My first Trade dollar back in those days might have made it to VG-8. I took it to a show and a dealer gladly traded it even up for an AU with a couple well placed and interesting chops.

There was once a Chopmark Collectors Club that I think has since fizzled out. Not for a lack of interest just not the critical mass to keep it going. Chops are fascinating and offer a wide range of collecting opportunities.
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oih82w8's Avatar
United States
7840 Posts
 Posted 12/15/2011  10:08 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I find it surprising that there are some lofty grades (MS-65) with chop marks. They must have been pulled from circulation quickly because of the details, or...somebody is using their own to add character to an existing "unmarked" Trade dollar?

While some are just downright extreme...not to my liking.

What-Do-You-Think-Of-Chop-Marks?

A well placed chopmark is kinda appealing.

Would you prefer the mark to be in the fields or the figure?

Edited by oih82w8
12/15/2011 1:43 pm
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satxwd's Avatar
United States
321 Posts
 Posted 12/15/2011  11:23 am  Show Profile   Bookmark this reply Add satxwd to your friends list Get a Link to this Reply
I have some nice chop mark 8r and my 1799/98 Silver Dollar has a nice counter stamp on it. I like it anyway. I guess it boils down to what you like to collect- chop marks, counter stamps, holed coins. I don't focus too much on any of these but I do have samples in my collection.
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allranger's Avatar
United States
1391 Posts
 Posted 12/15/2011  11:39 am  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply
I have an eight reales that saw heavy circulation in asia and was in a ship wreck and later recovered. (Judging by the damage it was probably underwater for sometime). I bought it for under silver spot. Originally I just got it for the silver content but it has grown on me over time. Knowing it has been all over China and Japan from the chop marks and seen the bottom of the ocean adds charactor in my book.
Edited by allranger
12/15/2011 11:39 am
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coinguybrian's Avatar
United States
5375 Posts
 Posted 12/15/2011  12:02 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
I see it personally as glorified damage...not too bad if its just minor, but still damage. Just my preference. I wouldn't want one in my album, but I don't think of it as horrible....I have some damaged coins in my Draped/Capped Bust Dime set because I can't afford mid grade coins that are problem free...at least not all of them. In that situation I don't mind damage (and in many cases I'll purposefully seek out lightly damaged raw VF/XF coins over slabbed G-VG), I just don't want it in my 7070 I guess. I'm finishing up payment on the 1801 I posted a link to awhile ago at last; that coin is XF details damaged or somewhere around there, and I'd much rather have that than a G coin.
Edited by coinguybrian
12/15/2011 12:10 pm
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dave700x's Avatar
United States
10625 Posts
 Posted 12/15/2011  2:05 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
For me, it would depend on the grade of the coins in the rest of the collection. One with chop marks might match up nicely with a mid grade circulated set. If it is a high end set with XF/AU and up examples, I would say no chops.
Just sayin.
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okiepb's Avatar
United States
1213 Posts
 Posted 12/15/2011  9:02 pm  Show Profile   Bookmark this reply Add okiepb to your friends list Get a Link to this Reply
Mine has a few minor chop marks and I like it that way.
As has been said previously, I think it adds to the history and authenticity of the coin.

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fcrazo's Avatar
United States
651 Posts
 Posted 12/15/2011  10:16 pm  Show Profile   Bookmark this reply Add fcrazo to your friends list Get a Link to this Reply
The Chopmarks club is still around.
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RealPeso's Avatar
United States
426 Posts
 Posted 12/15/2011  11:48 pm  Show Profile   Bookmark this reply Add RealPeso to your friends list Get a Link to this Reply
A few chops is always nice, but too many or when it warps the coin is not too appealing to me.
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