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Filled Rims

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Amazon99's Avatar
United States
2443 Posts
 Posted 03/25/2008  4:32 pm Show Profile   Bookmark this topic Add Amazon99 to your friends list Get a Link to this Message Number of Subscribers
I've seen some coins that have been graded by ANACS as having "filled rims". My question is why would someone do this/how does it happen? I tried looking in the CC glossary, but couldn't find it on their.
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Jaobler's Avatar
United States
6381 Posts
 Posted 03/25/2008  4:42 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Hi Amazon,
I think the term is "filed rims" and it is just what it says. It was common in the past for crooks to file some metal off the edges of silver and gold coins, save the filings, and then spend the coins for face value. If you do that enough times, you can make a good profit.

Numismatic crooks might attempt to repair coins by filing new reeding onto the edge of a coin with edge damage. These repairs are usually pretty crude and are easily detected.

Either way, these coins will reliably be identified by grading services. PCGS and NGC will body-bag them, but ANACS (and now ICG) will give them a details grade and note the defect on the label.
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Amazon99's Avatar
United States
2443 Posts
 Posted 03/25/2008  4:46 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
Makes sense. Never knew that. Thanks for the info!
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Bryan1315's Avatar
United States
14454 Posts
 Posted 03/25/2008  5:12 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
yes that is correct, that is why the US started putting reeded edges on their precious metal coins anyway (to try to stop people from, clipping or filing the edges and saving the metal and when they have enough melting them down and have a ounce bar and they are making free money
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ceaton's Avatar
United States
1179 Posts
 Posted 03/25/2008  5:51 pm  Show Profile   Bookmark this reply Add ceaton to your friends list Get a Link to this Reply
Wow, I never knew that either. What a good bit of info there, thanks!
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Conder101's Avatar
United States
17884 Posts
 Posted 03/25/2008  7:57 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
There are other reasons for filed rims as well.

Careful filing can be used to hide or remove a rim nick or bump.

In the 19th century it was common practice to file off a wire edge. Sometime even the mint did it on proof coins they sold before they sent them out.

Also it was not unheard of for collectors to file down or even remove Cud diebreaks from the edge of a coin, especially rim Cud.
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