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(Your Opinions Regarding A) Planchet Flaw On A Fugio Cent

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Adam590's Avatar
United States
751 Posts
 Posted 04/16/2024  3:54 pm Show Profile   Bookmark this topic Add Adam590 to your friends list Get a Link to this Message Number of Subscribers
I have perused auction photos of Fugio cents--and seen this interesting speciment in a PCGS AU(58) slab. From the photos the details look sharp, and the die clashing looks hyperbolically strong. Both sides have "voids" or planchet defects, and the one on the reverse seems much more significant, both in size and location. I know we often say "buy the coin, not the holder," and this is certiainly true. My question in this discussion is how you see this coin (regardless of the AU58 straight grade).

What are your opions of this coin? Do you see it as "damaged" or "lessened" by such a planchet defect? Do you see it as a strong type coin?

Your-Opinions-Regarding-A-Planchet-Flaw-On-A-Fugio-Cent
Your-Opinions-Regarding-A-Planchet-Flaw-On-A-Fugio-Cent

Your-Opinions-Regarding-A-Planchet-Flaw-On-A-Fugio-Cent
Your-Opinions-Regarding-A-Planchet-Flaw-On-A-Fugio-Cent

Edited by Adam590
04/16/2024 4:11 pm
Pillar of the Community
United States
1657 Posts
 Posted 04/16/2024  5:46 pm  Show Profile   Bookmark this reply Add lcutler to your friends list Get a Link to this Reply
It's a very nice coin. That is just a byproduct of how these coins were made. Planchet defects are very common, it wouldn't bother me a bit, but if it bothers you look for a different one.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/16/2024  5:55 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Flaw doesn't bother me, but I wonder about the stability of the apparent corrosion spots.
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Adam590's Avatar
United States
751 Posts
 Posted 04/16/2024  7:12 pm  Show Profile   Bookmark this reply Add Adam590 to your friends list Get a Link to this Reply
Thanks for the opinions. Coinfrog, do you see active corrosion here? Can you help me identify it? This is helpful for learning about EAC.
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MisterT's Avatar
United States
2003 Posts
 Posted 04/16/2024  8:26 pm  Show Profile   Bookmark this reply Add MisterT to your friends list Get a Link to this Reply
Out of my wheelhouse but I wouldn't call this a planchet flaw but rather a very strong die clash on both sides.
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jacrispies's Avatar
United States
3848 Posts
 Posted 04/16/2024  8:49 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
Planchet flaws are normal for this series, so PCGS gives it a lot of leeway compared to other US coin series.

It personally is within tolerance for my liking, although I would wait to find a smoother example with less planchet impurities. Good quality examples are not too rare.
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ExoGuy's Avatar
United States
4415 Posts
 Posted 04/17/2024  06:06 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
IMHO, this is a great coin, with eye-catching faults and all. That said, I'd grade it AU-50 at best and value it as XF-AU money. Those who look for pristine quality will naturally pass on a piece like this, but this is still a beautiful type coin to me, and it has a story to tell, given the striking anomalies. Stories matter to collectors like me.
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Dearborn's Avatar
United States
95086 Posts
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jbuck's Avatar
United States
187851 Posts
 Posted 04/17/2024  1:47 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
A great looking example with all the history it has earned.
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TimNH's Avatar
United States
416 Posts
 Posted 04/17/2024  2:01 pm  Show Profile   Bookmark this reply Add TimNH to your friends list Get a Link to this Reply
I've got a Fugio like that, a little rougher, big ol' planchet flaw (obverse under GIO), die clash on the reverse, I like it so much I made it my avatar <--- Love it!
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numismatic student's Avatar
United States
11880 Posts
 Posted 04/17/2024  2:16 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
I agree that it is a great looking coin but personally I would wait for a different one. For me, one of the best features of this coin is that it is one of the earliest instances of the words "UNITED STATES" in coinage. That is the name of our country. The 1783 Nova Constellatios had US inscribed but not fully written out. The reverse planchet flaw cuts across the end of the word "UNITED." I would prefer a coin that shows those words clearly but that's just me.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
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jbuck's Avatar
United States
187851 Posts
 Posted 04/17/2024  3:03 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I've got a Fugio like that, a little rougher, big ol' planchet flaw (obverse under GIO), die clash on the reverse, I like it so much I made it my avatar <--- Love it!
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nickelsearcher's Avatar
United States
15395 Posts
 Posted 04/17/2024  7:09 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Great looking coin with a huge die clash. I would be more concerned about the potential corrosion on the reverse.
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