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1940 Wheat, Clipped

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 Posted 08/23/2010  11:30 pm Show Profile   Bookmark this topic Add rh13 to your friends list Get a Link to this Message Number of Subscribers
Is this clip large enough to call it "clipped planchet"and would it help value?

1940-Wheat,-Clipped

1940-Wheat,-Clipped
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Scooby Due's Avatar
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4000 Posts
 Posted 08/23/2010  11:35 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
Technically, it is called an "incomplete planchet". But, I guess "clipped planchet" is never going to go away.

But, yes, that's a good one a worth a modest premium. It's a keeper!
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 Posted 08/23/2010  11:56 pm  Show Profile   Bookmark this reply Add rh13 to your friends list Get a Link to this Reply
thanks,,clipped is how the Red Book lists misstrikes so now I have at least learned something today,,a bird in the hand.........thanks again
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 Posted 08/24/2010  09:00 am  Show Profile   Bookmark this reply Add Dcreek1968 to your friends list Get a Link to this Reply
Scooby, when you say its worth a modest premium,can you give us some real figures? What does a coin like that sell for to an error collector? What would a dealer pay? Just curious.
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biokemist6's Avatar
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 Posted 08/24/2010  11:21 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
It would be worth a few dollars to a collector, a dealer would not pay much at all for it though(a buck if you are lucky). It is a small clip and a larger one would increase the value as would a coin in nicer condition.
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Scooby Due's Avatar
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 Posted 08/24/2010  11:22 am  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
Well, pricing is always speculative. Personally, I wouldn't pay more than about $5-7 for it. So, a dealer might give you half of that (he has to make money, too!)

Of course, if you were lucky enough to have several people caught up in a bidding war, you might realize more. There are some error collectors that are perfectly content with just having an incomplete planchet in their collection (hence the $5-7 price tag), and there are collectors that are trying to complete a collection of every year or maybe even every year and mintmark. If that happened to be one that they really needed......

If you took a poll, I would imagine you would get votes from $2-$10.
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