Flan Flaws/Die Cracks - Coin Community Forum

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Author	Replies: 5 / Views: 4,418
plonker Valued Member United States 462 Posts	Posted 02/15/2014 8:53 pm I recently got this from ebay and the pictures weren't great. It is a Bolivian Melgerajo I liked the coin as it was some what uncommon and one year type. The seller clearly mentioned the flan flaw and I didn't realize how pronounce it was until I got it in hand. The coin weighs 19.95g and 0.05 short of the spec value. I still like the coin but was wondering the effect of die cracks on the value of the coin. Is it detrimental to the value or is there a demand for such coins with flaws ? Report this Post to the Staff

Numismat Pillar of the Community United States 1666 Posts	Posted 02/16/2014 02:45 am A cracked planchet error such as this usually lowers the value on older coins, but raises it on moderns. Report this Post to the Staff
plonker Valued Member United States 462 Posts	Posted 02/16/2014 09:02 am Thank you. I assume another disadvantage would be TPG will not take this for grading ? Report this Post to the Staff
Numismat Pillar of the Community United States 1666 Posts	Posted 02/17/2014 10:04 pm If it's determined to be post mint damage then no, but a cracked planchet is an error coin and would be graded as such. Report this Post to the Staff
swamperbob Pillar of the Community United States 5362 Posts	Posted 02/19/2014 03:00 am I see the crack as post strike damage - the rim appears flattened over the word BOLIVIA but not on the other side of the crack. It is possibly a test done to verify malleability. Put the coin in a vise and bend it. The bend test was used on coins as large as 8R but is most common on 2Rs. If the coin snapped in 2 you had a fake. It would be much better at this point (just my opinion) if the coin was a contemporary counterfeit and not an original. I would view the damage as VERY serious on a genuine coin and I would question how it was described by the seller. If clearly described as pre-strike damage, which would be a minting error, that would be adequate cause for return because the description would be in error. If it was described as simple damage of unknown origin then the seller would be right to only accept returns on whatever his stated policy happens to be. Report this Post to the Staff
coinworldtv Pillar of the Community Austria 566 Posts	Posted 02/19/2014 11:48 am This Bolivian commemorative issue (called Melgarejo, after the Bolivian President Mariano Melgarejo on them) was crudely struck, therefore the crack is possibly mint-made in my opinion. Report this Post to the Staff
	Replies: 5 / Views: 4,418

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