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Replies: 16 / Views: 4,720 |
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New Member
Australia
3 Posts |
Hi everyone. Just signed up and wanting to pick at your brains for a moment.
I received a very bashed up $2 coin in my change last week and not really sure whether it's come about due to general circulation and the strange things people do with coins or if it's a genuine error.
I'll post a pic later, so I'll do my best to describe it now.
It's a 1988 issue with a very pronounced crack (forgive my lack of terminology) at about two o'clock on the reverse, starting at the rim and passing through the bottom star on the southern cross and parts of the '2'. By pronounced crack, I mean that I can feel it. It's as if the coin is covered in a thick sheet of foil and it has come off the surface. It was immediately noticeable when I ran my finger over the surface of the coin.
There is a relatively less noticeable crack starting where the last began and ending at about 9 o'clock.
I've never seen a coin do this before. Any help appreciated.
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Pillar of the Community
United States
1812 Posts |
You should post your thread when your ready to include photos as descriptions are not easy to reply to...
Welcome to the forum...
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Formerly nancyc
Australia
5385 Posts |
 to CCF!  It might be a Lamination Peel, but once you've posted a picture we can be more definite. 
life is a mystery to be lived not a problem to be solved
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Valued Member
Australia
215 Posts |
yet another welcome from me. as the others have already said it's tough to say without seeing it.
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New Member
 Australia
3 Posts |
Pics of the coin:  
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Pillar of the Community
Australia
7096 Posts |
Nice pic's, great Lamination Peel 
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Formerly nancyc
Australia
5385 Posts |
Please forgive me for 'toying' with your image. I just want to hi-light the rest of the defect:  I would say that all of this is part of one large Lamination Peel, just that the top right bit of it is much more pronounced than the rest. Is there something else going on with the edge of the coin? From about 3.30 - 8.00, it almost looks like it's separating, or is it an optical illusion? Anyhow, it's a corker error! Excellent find! 
life is a mystery to be lived not a problem to be solved
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Valued Member
Australia
318 Posts |
are lamentation peels worth anything?
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Pillar of the Community
Australia
869 Posts |
For a lamination peel like that, I'd pay maybe $10-$15 (To add it to my $2 error collection). CoinTimMan, depends what someone's willing to pay. I appreciate lamination flaws because they don't come around often like a Cud.
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Pillar of the Community
Australia
7096 Posts |
Quote: are lamentation peels worth anything?
Quote:For a lamination peel like that, I'd pay maybe $10-$15 (To add it to my $2 error collection). CoinTimMan, depends what someone's willing to pay. I appreciate lamination flaws because they don't come around often like a Cud. Don't listen to these guys they are just fudging  If you listed this genuine error on ebay I would start the bidding at $50 and see what happens from there.  If I owned this I would never sell it. Great find, these don't grow on trees 
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Pillar of the Community
Australia
1607 Posts |
I'd keep it too,just to see if it would eventually come apart when all the foreign matter in the planchet desolves or rots or falls out or whatever but very interesting errors IMO,some of the really spectacular peels are worth real good $$$$$ especially when the peel is opened right up.
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New Member
 Australia
3 Posts |
Wow! Thanks for the help everyone. I'm more of a bullion collector so all this more technical numismatic stuff is really new to me. That said, I'll probably put it on ebay at some point...this stuff doesn't really excite me and I would like to pass it onto someone who would appreciate it more. Should I keep this is something like an AirTite container to prevent damaging it? nancyc: I'm not too sure what you're seeing in the photo, but the entire edge of the coin is intact.
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Pillar of the Community
Australia
1607 Posts |
skypirate,This is what Nancy was referring to,there looks to be a crack or metsal displacement around the bottom edge of the coin,it would also be part of the peel problem. 
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Formerly nancyc
Australia
5385 Posts |
I also would keep it, and might even bid on it. Like I said, it's a corker.  Please let us know if/when you list it. 
life is a mystery to be lived not a problem to be solved
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Pillar of the Community
Australia
869 Posts |
Nancy, the bidding war is on!
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Formerly nancyc
Australia
5385 Posts |
life is a mystery to be lived not a problem to be solved
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Replies: 16 / Views: 4,720 |