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Jefferson Nickel Planchet TPG Submission

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Valued Member

United States
220 Posts
 Posted 11/10/2020  3:19 pm Show Profile   Bookmark this topic Add navycapt1635 to your friends list Get a Link to this Message Number of Subscribers
All,

I am strongly considering my Jefferson nickel/penny planchet to a TPG for authentication/grading. Can anyone tell me if that variety has a designation (e.g., VAM number, Overton number, Fivaz-Stanton variety, Sheldon and Newcomb number, Cohen, Bolender, Breen, Flynn, Snow)?

Thanks.

Bill
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/10/2020  3:56 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Pics please!
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ijn1944's Avatar
United States
19155 Posts
 Posted 11/10/2020  3:59 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Would be fortuitous to see a photo or two.
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Big-Kingdom's Avatar
United States
1667 Posts
 Posted 11/10/2020  4:09 pm  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
no idea what you are talking about exactly, but if they are unstruck planchets, it won't be worth the cost to have them encapsulated.
if it is an unstruck planchet, my guess is it will be either type one or type two depending on if the rim has been upset or not, but other than that, maybe they only put a date range for the composition, call it a unstruck planchet with the type 1 or type 2, and that's about it.

it's a novelty really, Fine if you want to do it for yourself, for your collection and spend the money, but you'll likely lose money if you were doing it for resale value.

unstruck Lincoln Cent planchets sell for like $2.00
unstruck Jefferson nickel planchets sell for like $5.00

generally speaking of course....

pictures may help to figure out what you have and want to do of course.


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John1's Avatar
United States
56855 Posts
 Posted 11/10/2020  4:09 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
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BigSilver's Avatar
United States
2843 Posts
 Posted 11/10/2020  4:20 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
It sounds to me like you are asking about a nickel struck on a 1c planchet.
All of the attribution definitions you have mentioned are die definitions. A wrong planchet error is an event. The whole concept of an attribution is not applicable.
Valued Member
United States
220 Posts
 Posted 11/10/2020  5:03 pm  Show Profile   Bookmark this reply Add navycapt1635 to your friends list Get a Link to this Reply
Sorry,

I had posted photos before for your opinions and there were some of you who thought it was authentic (weight 3.1 gr/diameter 0.75 in.). I recently went to a dealer whom I had met way back in whom I had some confidence. He examined the coin (among others I brought) and weighed/measured it. He told me that he believed it was authentic and was about a VF-30 or VF-35. He offered me $35 for it. I declined. In this post, I was looking for the attribution info which Big Silver said didn't apply. I would like to get some of your opinions on the grade though. (photos attached--two obv & 2 rev under different lighting).

Thanks!

Bill


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Jefferson-Nickel-Planchet-TPG-Submission
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westernsky's Avatar
United States
7620 Posts
 Posted 11/10/2020  6:02 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
I see we are referencing the coin you posted about a few months ago.

I think the grade is pretty much "circulated" and the value is in the error. If you want it attributed/verified then by all means send it in. It's your coin.

Good luck!
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coop's Avatar
United States
62064 Posts
 Posted 11/10/2020  6:16 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
It is a nickel struck on a cent planchet. It is a wrong planchet error. All the things you mentioned are or other denominations for 18th/19th/early 20 century coins. Not on nickels. Your coin is a mint error.
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nickelsearcher's Avatar
United States
15432 Posts
 Posted 11/10/2020  6:41 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I now understand what you are asking about - submit if you wish but IMHO it's a question of added value for the authentication versus value of the coin raw.

I'm not an error expert - just saying consider your goals prior to submitting.

It does appear to be a nice error - congratulations on the find.
Take a look at my other hobby ... http://www.jk-dk.art
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coop's Avatar
United States
62064 Posts
 Posted 11/10/2020  6:57 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Check the Red Book to see what prices they are listed now as. My book is old. It is under the title:
Misstrikes and errors. (Appendix 'A') Wrong Metals section.
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merclover's Avatar
United States
10635 Posts
 Posted 11/10/2020  9:38 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
I believe in this case, you really should have it slabbed for verification of it's authenticity to achieve maximum value. I would use PCGS.


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John1's Avatar
United States
56855 Posts
 Posted 11/11/2020  04:34 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

Quote:
to achieve maximum value

Only if the coin will retail after slabbed of at least $150 to justify all costs involved in having it slabbed. Looks like a 1962?
John1
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