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 Replies: 15 / Views: 1,443 |
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Valued Member
United States
234 Posts |
Hello everyone, I have two questions.. first one.. isn't a planchet flaw coin considered a collectible error? If so should it increase the value of what is considered a valuable coin on its own? Second question.. I see on ebay, many many people that have multiple full bank boxes of the new 2017 cents.. I have called every banking institution in the valley where I live and everyone one of them told me they cannot order/get these. They claim they can only get boxes of circulated cents. Does anyone know how these people are getting these full boxes of new cents? I would love to get my hands on some, but can't see paying double the face value (x2) in order to get both mints.. :( Any and all advice is greatly appreciated.. thank you.. Robert |
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Moderator
 United States
56855 Posts |
1. isn't a planchet flaw coin considered a collectible error? Only if you collect them should it increase the value of what is considered a valuable coin on its own? Not necessarily.if the coin on it's own has a value, the error could decrease the value to someone who want that particular coin "error free" 2. Banks can not order a particular year of coin,they get what they get. I used to get 10-12 boxes of cents at a time and every now and then there would be a couple "new" cents boxes. John1  |
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Moderator
United States
34398 Posts |
Quote:
1. isn't a planchet flaw coin considered a collectible error?
Only if you collect them
should it increase the value of what is considered a valuable coin on its own? I agree. There are some folks who put a premium on different mint errors, including planchet flaws, but this isn't universal. "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Valued Member
 United States
234 Posts |
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Pillar of the Community
United States
1000 Posts |
I'm not sure it's a rotated reverse. The obverse isn't properly aligned in the holder, so it does give the appearance of a rotated die error. The date should be at the six o'clock position on the coin. If you flip it along its horizontal axis, I believe it will be closer to normal rotation.
A planchet flaw or quirk probably will not add much, if any, value to a coin that is already rare/uncommon and has intrinsic value. It will add value to a common coin.
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Moderator
United States
56855 Posts |
I called on Mondays and ordered,then picked them up on Wednesday. John1 |
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Rest in Peace
United States
7075 Posts |
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Valued Member
United States
234 Posts |
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Pillar of the Community
967 Posts |
About cent boxes from banks. I have been searching them for years. Banks use different carriers. Brinks here only carries circulated cents I guess unless they run out which is hardly ever. Garda and some of the other carriers around here are more likely to carry different boxes. If I were interested in possibly getting new boxes I would find out what carrier is supplying the banks. If they are all using the same carrier then they would be drawing from the same lot. If Carrier A is supplying circulated cents then find a bank that is using Carrier B. I know of one bank around here that always gets new boxes. I just have not been there yet. Still Lookin
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Pillar of the Community
United States
5964 Posts |
I don't see signs of cleaning. I also believe NGC would have noted it.
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Valued Member
United States
234 Posts |
I was referring to the one listed for sale in the link in my last reply :)
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Pillar of the Community
United States
5964 Posts |
Yes, the 1858 looks to me to have been cleaned. Not scoured, but lightly cleaned. It shows it best on the reverse. It looks to me like someone used a solution and rag or fingers. The grime/dark areas in the recesses were inaccessible. It's not unusual to find one this old that has been cleaned at least once or twice.
So What do you want an 1858, or a planchet error? They don't really go well with each other. The planchet error detracts from the 1858, but not vice versa.
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Valued Member
United States
234 Posts |
Just trying to learn.. I own the 57 and love it.. just shopping around for new ones to add to my collection
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Pillar of the Community
United States
5964 Posts |
Me too, always more to learn. I too like the vintage, varieties, errors, and the rare. Something about coins. It's a good thing they're small.
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Valued Member
United States
234 Posts |
I started out loving silver.. I was all about it.. for about 2 years I filled totes full of silver.. mostly modern proofs.. then my taste began to change .. I was realizing you can buy silver modern proofs all the live long day.. and they are making new ones all the time.. booooring... I then turned my attention to finding the oldest coins I could afford in the best condition.. much more difficult to obtain ... much more historical feel to them.. very nice looking and exciting.. I still collect modern coins but I try to find the highest mint state grades in business strike instead of proofs..
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Pillar of the Community
United States
5964 Posts |
Yes,  with knowledge our tastes and thinking change, and the coins should remain the same. |
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Replies: 15 / Views: 1,443 |
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Posted 05/20/2017 3:11 pm
