| Author |
Replies: 28 / Views: 25,032 |
|
Valued Member
United States
76 Posts |
I found a blank planchet in a roll of 2010 shield pennies the other day. It has all the luster and color of a freshly minted coin. I'm keeping it regardless, but was wondering of its value if any. Also why was it not struck, and how did it slip through to circulation?
|
|
|
|
Pillar of the Community
United States
849 Posts |
check a Red Book. It has a guide in the back with common errors and what their values are. I would but I am not near my current Red Book.
|
|
Valued Member
United States
497 Posts |
can you post some pictures
|
|
Valued Member
United States
368 Posts |
I have been wondering this question too I have 2 planchets from 2010P rolls of nickels also I found a penny one when I first started collecting about 10 months ago
|
|
Bedrock of the Community
United States
12437 Posts |
Values can vary depending on denomination but cent planchets are by far the most common and worth a few dollars. Blank planchets are the most commonly released error. Planchets can escape because they are the same size, shape, and color of a struck Lincoln and can be very difficult to find when swimming in a sea of a few hundred thousand cents.
Edited by biokemist6 10/20/2010 10:57 am
|
|
Pillar of the Community
United States
797 Posts |
I bought one for the novelty and got it for $2 I think. I think $2-3 or so would be a fair premium for a blank cent planchet as far as I have seen.
|
|
Valued Member
United States
364 Posts |
What's to stop someone from faking a blank planchet? We're just talking about a disk of metal here, right?
|
|
Valued Member
United States
497 Posts |
but coin machines I doubt would read them.
|
|
Bedrock of the Community
United States
12437 Posts |
Getting the proper size, weight, and alloy would be more difficult than you think. The OP acquired this one from a new roll of coins so it is almost certainly genuine but if you find one in a random roll of circulated coins, you should weigh it to make sure it is not a slug.
|
|
Valued Member
United States
127 Posts |
A penny planchet...wouldnt that be worth one cent? 
|
|
Pillar of the Community
United States
2589 Posts |
its value also depends on whether its a type one or type two planchet, the difference being whether or not it has had its rim applied or not.
and in response to cute penny, legally in the eyes of the government an unstruck blank is not currency and has no face value.
-XoG
|
|
Bedrock of the Community
United States
19930 Posts |
Nice find! As bio said, these are worth a "few bucks".
|
|
Valued Member
 United States
76 Posts |
Thanks for the input. I would post, but do not have the means to do so, or the cash to buy a scanner, tight budget right now.
|
|
Pillar of the Community
United States
1256 Posts |
I read on another CCF post that there's blanks and then there's slugs. What's the difference? Size and weight as mentioned? Does slug mean fake?
Also, expect no rim, correct?
Sorry my "what happens at the mint" knowledge is weak at best.
Oops..just read XoG's reply about type 1 and 2. Which is which?
Edited by timsumrall 10/22/2010 3:35 pm
|
|
Valued Member
United States
462 Posts |
As far as I know a slug is a fake "coin" meant to fool vending machines and the planchet/blank could have a rim or not it just depends on if made it through the upsetting mill properly which creates the rim. If the coin has the rim it's a planchet, if it doesn't it's considered a blank. Correct me if I'm wrong on this.
|
|
Bedrock of the Community
United States
12437 Posts |
A slug is a round piece of metal meant to imitate a coin for vending or roll count purposes. There are two types of planchets- Type 1 blank as punched from a stock sheet of metal and Type 2 which is a blank that has been run through an upsetting mill so it has a protorim to aid in the striking of the final coin. I direct your attention to the picture below- the first one is a Type 1 planchet(blank), notice the sharp rim. The second one is a Type 2 that now has an rounded upset rim. As you can see from the third one, Zincoln planchets are blanked and upset before the plating process. 
|
| |
Replies: 28 / Views: 25,032 |