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1870 2 Cents - Planchet Defect, Die Defect, Or PMD?

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paralyse's Avatar
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12057 Posts
 Posted 11/19/2015  10:46 pm Show Profile   Bookmark this topic Add paralyse to your friends list Get a Link to this Message Number of Subscribers
Interested to hear some thoughts on this one.

Have not bought it (yet)

Reverse has major die cracks and several Cuds.

Obverse appears to have a planchet flaw or die defect in the motto area/top of the shield, or is this PMD?

1870-2-Cents---Planchet-Defect,-Die-Defect,-Or-PMD?

1870-2-Cents---Planchet-Defect,-Die-Defect,-Or-PMD?

Thanks for looking. AB

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SilverStackerKid's Avatar
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 Posted 11/19/2015  11:44 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Yes, a lamination/planchet defect.
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duncanbishop24's Avatar
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898 Posts
 Posted 11/20/2015  02:06 am  Show Profile   Bookmark this reply Add duncanbishop24 to your friends list Get a Link to this Reply
I'm not sure regarding your question, but if SSK is correct, I think this coin would be a great addition. Love the reverse die cracks.
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Collects82's Avatar
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 Posted 11/20/2015  02:24 am  Show Profile   Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
I think its a small lamination as well. Cool cracks on the reverse. If at a fair price, go for it.
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paralyse's Avatar
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 Posted 11/20/2015  6:06 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
I'll put up a bid on the lot tonight, and see what happens. It's priced under retail but not a super-amazing deal. Seller does not seem to be aware of the potential upside on this coin if it is a planchet flaw; I'll send it off to NGC or PCGS and let them have a crack since it seems to be an upper VF-lower XF grade.
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biokemist6's Avatar
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 Posted 11/20/2015  7:10 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Obverse has a lamination@WE but I do not see any Cuds on the reverse. I am not sure what "upside" you are referring to, laminations tend to devalue better quality coins and can be seen as undesirable since it usually looks like damage.
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paralyse's Avatar
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 Posted 11/21/2015  11:37 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply

Quote:
laminations tend to devalue better quality coins and can be seen as undesirable since it usually looks like damage.


My error was in using the term " Cud" when I meant "die chip."

Much like half cents/large cents, Two Cent Pieces have many unique die varieties and die stages, many of which are quite scarce and collectible (there's a member here, westcoin, who is quite an expert.)

In this case, there is a circumferential die crack running through STATES, with die chips clearly visible at left of the T, right of A, and left of E. The crack that starts at the left wreath bow and progresses clockwise to a termination at the rim before the first S in states does not show any die chips. The condition of the denticles and rims on both sides is indicative of a LDS coin, and the lamination through WE (with a ghosted E still partially visible) is a good example of the Mint's ongoing difficulty in striking these planchets.

It is a good representative of a LDS example in a scarcer date, and a good specimen for die progression studies.

(The obverse die was also quite heavily polished, resulting in a disconnect between the shield-left arrow shaft and the shield, and much polishing in the leaves leading to floating leaves with no stems.)

My " Two Cents" -- pun not intended. YMMV.
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westcoin's Avatar
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9792 Posts
 Posted 11/27/2015  6:49 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I agree that it is a lamination on the obverse. The die cracks are not uncommon on the reverse, though as you state this is LDS so interesting on that point, not much left in the life of this die set.

I buy lamination errors when they are really big, though I generally would try to get the coin for a less value than a perfect one, since it is really mint/striking damage rather than a true error. I find them interesting.
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See my want page: http://goccf.com/t/140440
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paralyse's Avatar
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12057 Posts
 Posted 11/27/2015  9:58 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Coin arrived today, took a couple of new pictures.

I paid somewhat less than retail, but more than bid. Seller had a lot of 2 cents listed.

I turned up the lighting on these to try to bring out some detail, coin is a shade or two darker in hand.

1870-2-Cents---Planchet-Defect,-Die-Defect,-Or-PMD?

1870-2-Cents---Planchet-Defect,-Die-Defect,-Or-PMD?
Member ANA - EAC - TNA - SSDC - CCT #890

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Edited by paralyse
11/27/2015 9:59 pm
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Canada
1463 Posts
 Posted 11/29/2015  11:30 pm  Show Profile   Bookmark this reply Add Alan to your friends list Get a Link to this Reply
That's a flaw in the planchet itself I think. Not sure what the die alignment on your coin is OP, I think that particular issue has both medal and coin, if it's coin alignment, this is further proof it's a flaw in the planchet, as there's a spot on the denomination side that shows a mark above the knot in the bow near the bottom, like corrosion or something to that effect.
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