1921 P Peace Crack...now With Pictures...real Or Not?

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Author	Replies: 11 / Views: 3,032
Nelrak Pillar of the Community United States 974 Posts	Posted 09/27/2007 10:04 am I am new to the whole variety and error world...so I have a question. I have a 1921 Peace Dolllar that I put on hold, just in case it is something "special". The coin is ungraded but appears to be in MS62 condition with great lustre. The dark area around the rim and near the crack is toning from being kept in a book, not a ding. Here's my question that makes this coin different than any I have ever seen before...the coin has what appears to be on the surface a die crack through the 1/2 of the planchet that runs from the edge under the Y in Liberty towards the center on the obverse. The mirror image of the crack can be observed on the reverse as well. It's quite prominant but not at all distracting. When you look at the edge it looks like a Liberty Bell type crack. All the reeds are in great shape and are not distorted other than two of them where the lightning looking crack starts running the width of the coin. To me, this damage looks to be from the mint and not by some dropping it or something. How do I find out if this is a mint error and if so is this type of error desirable? Thanks for any insight someone can give me as the seller wants close to MS 63 price for it and if this is going to decrease the value, I'll pass on it and find another. Edited by Nelrak 10/09/2007 02:55 am Report this Post to the Staff

biokemist6 Bedrock of the Community United States 12437 Posts	Posted 09/27/2007 11:06 am It sounds like you are possibly describing a cracked planchet. I don't know much about this type of error or its market value but that one sounds pretty dramatic. Take a look at one I found at Heritage from 1922 and see if it is similar http://coins.ha.com/common/view_ite...=1613&src=pr Report this Post to the Staff
Nelrak Pillar of the Community United States 974 Posts	Posted 09/27/2007 2:02 pm That's really close...it looks A LOT like that however the majority of the crack at the reeding and not as pronounced as the 1922 you found on HA. It appears it commanded a premimum as well on that coin $90 rather than $20. Any other input? Report this Post to the Staff
halfabustisbetter Pillar of the Community United States 1984 Posts	Posted 09/27/2007 2:19 pm My input would be that if you can identify an MS coin and you believe it to be an MS coin, then a true die crack or other mint-made anomaly will not detract from the value, and may enhance it. The problem would be in the verification of the nature of the anomaly whether it's a die crack or shattered die, or post-mint, or whatever. I say that as someone who gladly pays a premium for coins with interesting die cracks; others might feel differently. Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 09/27/2007 2:56 pm ok I am no error expert in no way shape or form but as far as I know a die crack would only be on the Obverse or the Reverse not on both, so this is either a planchet flaw or a man made anomaly. As I said at first I am in no way an expert and if I am wrong I am sure someone will let you know but this is my understanding Edited by Bryan1315 09/27/2007 2:57 pm Report this Post to the Staff
Nelrak Pillar of the Community United States 974 Posts	Posted 10/09/2007 02:48 am Ok now that I have it in hand, is this an actual mint error? Should I send it into PCGS for grading and verification? How rare are these types of errors if it is real? Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 10/09/2007 07:14 am looks like a real split planchet to me but I have no idea if it would be worth authentication because I have no clue how rare something like this would be or if it would even add to the value at all Report this Post to the Staff
foundinrolls Pillar of the Community United States 3507 Posts	Posted 10/09/2007 10:13 pm Authentic cracked planchet. That is not the same as a die crack. Again hard to place a price on it. Fairly uncommon. This being a 1921 Peace dollar makes pricing it even more difficult. This is one that could be worth slabbing. Thanks, Bill Report this Post to the Staff
Nelrak Pillar of the Community United States 974 Posts	Posted 10/13/2007 11:41 pm Bill, thanks for the idea, which TPG would you suggest? Report this Post to the Staff
ocsjr2001 Valued Member United States 133 Posts	Posted 10/14/2007 10:40 am I hate to tell this on myself, but in my younger days I bought a Morgan that was cracked clear thru like this, turns out it had been heated. It was a '96-O and I really thought I had something, turned out I had been had! LOL Be careful. Report this Post to the Staff
Nelrak Pillar of the Community United States 974 Posts	Posted 10/17/2007 08:42 am I guess the only way to authenticate is to have it sent out for grading, any comments which company would be best for this type of potential error? Report this Post to the Staff
errorist Valued Member United States 199 Posts	Posted 10/17/2007 3:07 pm Die cracks are convexed . Split planchets are concaved. If you fingernail drops into the split it is a craked planchet on that coin. Neat find and hard to come by. Report this Post to the Staff
	Replies: 11 / Views: 3,032

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