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 Replies: 15 / Views: 1,794 |
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Valued Member
United States
151 Posts |
Apparent reeded edge dents on uncirculated 2017 Indiana ATB Quarter? In one of Ken Peavey's videos, he shows some of these (I think) that he has kept, but are they worth keeping? And how did this happen? Thanks!  |
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Bedrock of the Community
United States
62064 Posts |
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Rest in Peace
10197 Posts |
See those nicked on the face/cheek? Coin isn't completely "uncirculated", its been at least in a Mint sewn bag(transport) or machine rolled (mechanically processed) either, Mint(only if OGP Marked), Fed depositories(armored car contractors, or individually wrapped by banks from bags. How do I know? The surface has nicks and a loss of luster.
Who is Ken Peavey? A YouTube self proclaimed coin guru of cherrypicker fame? I don't follow most of these because 80% is a hype, coins not really errors and will not retain value over the test of time. Stick with well documented coin errors and known mint anomalies.
Edited by Crazyb0
05/24/2018 11:04 pm
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Pillar of the Community
United States
8715 Posts |
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Valued Member
 United States
151 Posts |
Crazyb0, yes, it came out of a third party roll. I measured the length between these dents, and they match the length between reeds on the edge, so all I can assume is that another quarter was pressed into it.
But I thought Ken Peavey was well known! He's in a lot of the main coin Facebook groups and has a blog called the 1 Million Pennies Project. He's a wealth of correct info (as much as I've read from him aligns perfectly with other trustworthy sources), but I can't say for sure why he is keeping quarters like these.
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Bedrock of the Community
United States
62064 Posts |
Maybe he's drilling holes in them and using them as washers? Doesn't he know that Home Depot sells washers? LOL
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Moderator
 United States
56855 Posts |
That kind of damage can happen right at the press as the coin drops into the bin,long before it goes into any kind of bag or paper roll. John1  |
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Rest in Peace
United States
17900 Posts |
Yep. That damage could occur as soon as the coin drops into the bin. There is NO value. It DECREASES the value.
It's a spender.
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Bedrock of the Community
United States
17884 Posts |
Quote:
Coin isn't completely "uncirculated", its been at least in a Mint sewn bag(transport) or machine rolled (mechanically processed) either, Mint(only if OGP Marked), Fed depositories(armored car contractors, or individually wrapped by banks from bags. How do I know? The surface has nicks and a loss of luster. None of which would remove it from the Uncirculated catagory. If it did there would be no such thing as a MS Morgan dollar. |
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Valued Member
United States
151 Posts |
coop, a washer? LOL
Thank you all!
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Pillar of the Community
United States
3184 Posts |
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Valued Member
United States
151 Posts |
Tunnioc, you're saying it looks raised?
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Pillar of the Community
United States
2740 Posts |
Presuming these marks are incuse, they represent contact marks from the edge of another quarter. Since it's post-strike damage, it has no value.
Error coin writer and researcher.
Edited by mikediamond
05/29/2018 10:42 am
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Valued Member
United States
151 Posts |
Mike Diamond, thank you for the comment. I can't really tell if they're incuse, and I don't know how to go about it!
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Bedrock of the Community
United States
75042 Posts |
It's just Post Strike Damage from another coin. Worth face value. Spend it.
Errers and Varietys.
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Valued Member
United States
151 Posts |
Errers and Varietys, thank you!
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Replies: 15 / Views: 1,794 |
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Posted 05/24/2018 11:00 pm
