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 Replies: 16 / Views: 3,214 |
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Pillar of the Community
Canada
1471 Posts |
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Pillar of the Community
Canada
818 Posts |
Looks SP? I'm guessing SP61-63 with a notation for the planchet flaw and possibly details notation for the spot on the reverse. Tough call.
What did it grade before?
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Pillar of the Community
Australia
7096 Posts |
Normally PCGS wouldn't grade a coin with such a dramatic planchet flaw, If you look at the obverse image it appears that the crack penetrates right through the coin.
That being said there are many error collectors that would just love to have this coin in their collection simply because of that flaw, It is a doosy.
But strictly speaking PCGS would usually send this back in a boddybag and not encapsulate it.
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Pillar of the Community
 Canada
9864 Posts |
It is SP.
I believe PCGS says non distracting flaws are acceptable, as well there are certain series of coins for which even major planchet flaws are deemed acceptable by PCGS.
IMO this coin should grade SP details with the appropriate code # for planchet flaw, the crack is distracting and not representative of a typical specimen coin.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
12/23/2016 11:52 am
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Pillar of the Community
 Canada
5394 Posts |
I am with Trout. The crack and the reverse rim problem kills this otherwise gorgeous Specimen Cent. That said ......I would love to own it .
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Pillar of the Community
Canada
2187 Posts |
I too would love to own a coin like that. Very early SP coin with probably some history. I wouldn't mind the crack, but that spot is quite distracting tbh
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Moderator
Canada
10456 Posts |
Nice to see you back here Zonad...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
 Canada
1471 Posts |
Thanks all, I have a coin which I believe is extremely rare but with a planchet flaw. If it graded without the flaw I would want $15k to $20k. Nice to see there may be hope?
Thanks spp
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Pillar of the Community
Canada
1222 Posts |
I have a 1859 large cent in MS-64 with a similar pit on the reverse as your coin. The dealer I purchased it from said he resubmitted it thinking they had not given it a proper grade because of the planchet flaw but it came back with the same grade and no mention of the flaw. Here's a link to the coin http://goccf.com/t/246367Cheers, Bill |
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Pillar of the Community
Australia
7096 Posts |
This is what PCGS has to say about planchet flaws. They will holder a coin if it isn't too obvious but they don't note the flaw on the slab. Quote:Metal impurity or defect in the planchet. Small, unobtrusive planchet flaws are acceptable. Large, obvious, poorly placed, or distracting flaws are rejected. Context is also important. Planchet flaws on certain U.S. Colonial coins are expected; planchet flaws on Morgan silver dollars are not. |
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Pillar of the Community
United States
1349 Posts |
I think they stay fairly true to their stated policy. Here is a coin that has an obverse planchet flaw. The flaw is somewhat hidden and it is an important coin, so they holdered it. MS64RB.  http://www.victoriancent.com2011 & 2025 Fred Bowman Award Winner, 2020 J. Douglas Ferguson Award Winner, & 2022 Paul Fiocca Award Winner. Life Member of RCNA.
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Pillar of the Community
Australia
7096 Posts |
I can't even notice the flaw on that Newfe cent.
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Pillar of the Community
Canada
5585 Posts |
It's not often that you see a coin that is exactly the way it was designed and fresh out of the press. Full vine, full stems and Vicky as pretty as ever. I think that it is the spot, rather than the crack/flaw that they would bag for. A great coin, Randy!
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Pillar of the Community
United States
1349 Posts |
trout, big chunk of planchet missing under her hair bun, but still the second best oval O known.
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Pillar of the Community
United States
1349 Posts |
I bought the coin that Zonad linked in the opening post. I thought people might like to know the lines are indeed planchet cracks, not die cracks. The coin is still in one piece, but if you took it out of the holder, I suspect you could break it in two with your hands. I think higher strike pressures were used to strike specimen coins and it often raised heck with the planchets, be they bronze or copper nickel.
The spot is an old spill of something and appears stable. I think the coin correctly grades as 62. It is a cool coin and my second 1858 specimen cent on a cracked planchet, one in bronze and now one in copper nickel.
This coin was struck from dies OA3 and RA3. For those who may have read my 1858 specimen article in the CNRS Transactions 2016, this was the same die pair as that which struck the Belzberg SP66 copper nickel cent and one other in my collection. I have looked at a lot of 1858 specimen cents and only know of these three coins from the OA3/RA3 die pairing.
http://www.victoriancent.com2011 & 2025 Fred Bowman Award Winner, 2020 J. Douglas Ferguson Award Winner, & 2022 Paul Fiocca Award Winner. Life Member of RCNA.
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Pillar of the Community
Canada
3049 Posts |
Wow!! the 1880 oval 0 is on my want list and that is a really nice one bosox!
Congrats on the new aquisition as well!
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Replies: 16 / Views: 3,214 |
Posted 12/23/2016 11:20 am
