TPG Question On Planchet Flaws - Coin Community Forum

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Author	Replies: 5 / Views: 1,186
TJsCoins Pillar of the Community United States 3229 Posts	Posted 09/30/2014 7:18 pm If I am understanding correctly, TPG's will automatically grade coins with planchet flaws as "details" coins. Is this true and if so why? The flaw is a pre-strike issue. Report this Post to the Staff

zxcccxz Pillar of the Community Canada 5417 Posts	Posted 09/30/2014 7:48 pm Not all. Some planchet flaws get a "Mint Error" status followed by a non-details grade. Others will grade as a details coin. Not sure why, there are variation even between the same TPG. I have for a fact seen both types on PCGS slabs. Report this Post to the Staff
junjun Pillar of the Community Puerto Rico 778 Posts	Posted 09/30/2014 8:05 pm I found some ICG and PCI slabs with planchet flaws but with grade assigned without details. http://www.ebay.com/itm/1876-5-Octa...em5ae6135c5f http://www.ebay.com/itm/MINT-STATE-...em3ce9266a84 Report this Post to the Staff
TJsCoins Pillar of the Community United States 3229 Posts	Posted 09/30/2014 8:17 pm Thanks Report this Post to the Staff
D0ubl3Eagle Pillar of the Community United States 5854 Posts	Posted 10/01/2014 12:57 am Unless significant enough to interest error collectors, coins with planchet flaws are generally worth less especially if it's not hard to find another example without planchet flaws. My guess is they just decided to lump it in with the coins with post mint problems since they also usually sell at a discount. As had already been mention, they can be inconsistent when a planchet flaw gets a details grade or not. Report this Post to the Staff
westcoin Pillar of the Community United States 9792 Posts	Posted 10/01/2014 05:29 am Planchet flaws should almost always bring a lower price, things like laminations, splits, cracks, improper alloy mixes as well as filled dies, grease, strike through (technically not a planchet errors). However there are some types of planchet flaws that can bring a premium, like Clipped planchets, especially to error and oddities collectors. I like them myself and have payed premiums for some interesting ones I've found in the Two Cent series, as for all the millions of Two Cent coins minted, there are very, very few real errors surprisingly, out in the market place. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 Report this Post to the Staff
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