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Penny Error Values For These Types...

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Peaceman's Avatar
United States
434 Posts
 Posted 03/15/2011  5:42 pm Show Profile   Bookmark this topic Add Peaceman to your friends list Get a Link to this Message Number of Subscribers
Any value to these?

- 100% Filled MM
- Die Chips
- Die cracks
- Die breaks
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biokemist6's Avatar
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12437 Posts
 Posted 03/15/2011  6:16 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Die breaks errors do have value depending on size and type but a true die break is significantly different from run-of-the-mill cracks and chips. Cuds are the most popular type of die breaks but there are also interior die breaks as well. Everything else listed is exceedingly common and considered to be a normal part of the minting process.
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Darth Anarchus's Avatar
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 Posted 03/15/2011  6:41 pm  Show Profile   Bookmark this reply Add Darth Anarchus to your friends list Get a Link to this Reply
a filled MM is usually PMD...
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822 Posts
 Posted 03/15/2011  6:47 pm  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply

Quote:
a filled MM is usually PMD...


Ummmm, I believe most filled mint marks are broken dies. I would guess they are rarely PMD.
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Peaceman's Avatar
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 Posted 03/15/2011  7:13 pm  Show Profile   Bookmark this reply Add Peaceman to your friends list Get a Link to this Reply
I meant clogged die, sorry... not something flat.
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Peaceman's Avatar
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434 Posts
 Posted 03/16/2011  12:12 am  Show Profile   Bookmark this reply Add Peaceman to your friends list Get a Link to this Reply
Premium?

Penny-Error-Values-For-These-Types...
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United States
302 Posts
 Posted 03/16/2011  12:32 am  Show Profile   Bookmark this reply Add Cud Wild to your friends list Get a Link to this Reply
Thats hard to say. The location of the die break is not worth much at all. If it was over a more important part of Lincolns head then it could fetch a few dollars. But I would say no more than 10 cents for that.
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 Posted 03/16/2011  12:50 am  Show Profile   Bookmark this reply Add liveandievarieties to your friends list Get a Link to this Reply
PeaceMan- To answer your question- I buy and sell die varieties for a living, I don't know anyone who pays for small die chips or clogged letters or numbers. They're fun to find, but occur so frequently that there just isn't a premium for them, any of the types you asked about in your original post, no premium values.
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302 Posts
 Posted 03/16/2011  03:40 am  Show Profile   Bookmark this reply Add Cud Wild to your friends list Get a Link to this Reply
Livandievariety now if the die chip filled in the eye,ear etc... It would have some value right?
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coppercoins's Avatar
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7629 Posts
 Posted 03/16/2011  10:16 am  Show Profile   Bookmark this reply Add coppercoins to your friends list Get a Link to this Reply
No, they wouldn't.

People, I've been saying this and saying this and saying this...same thing over and over and over.

Die chips, cracks, and small breaks and other fractures have ZERO value. NOBODY in the error coin market at large is going to buy them - they are very common and very easy to come by. The ONLY people who would have any interest in stuff like this would be inexperienced, new collectors who don't know or realize that if they bought a few rolls of coins fromt he bank they could find the exact same things.

People - if you can find it more than once in a $25 box of circulated coins, it's PROBABLY common and PROBABLY not collectible. The stuff that has value is valuable BECAUSE you can't just find it so easily. Step back for a while, take a deep breath, then get back into searching with that in mind, and STOP PICKING OUT every little crack or gouge or filled letter you find thinking there's some need to post it AGAIN and ask for its value.
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302 Posts
 Posted 03/16/2011  10:24 am  Show Profile   Bookmark this reply Add Cud Wild to your friends list Get a Link to this Reply
So you mean to tell me if a die chip completely covers Lincolns Eye it wont have any type of value. I find that hard to believe even though these are common but location of them might not be common. Or else a die chip completely covers the date. Obviously its going to have some value.
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coppercoins's Avatar
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7629 Posts
 Posted 03/16/2011  10:29 am  Show Profile   Bookmark this reply Add coppercoins to your friends list Get a Link to this Reply
Anything that would cover the date completely would no longer fall in the category of a die chip. That would be a broken die or a Cud if the edge fell off the die around the date.

Die chips happen at naturally weak areas in the coin's design. They don't just happen 'anywhere' - they are the direct result of stress fractures in the metal, and with each design those fractures happen at the greatest point of weakness in the design.

A die chip that covers the eye is something that really just doesn't happen...but if it did, and it only covered the eye, your chances of selling it to a true error collector crowd would be slim to none.
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 Posted 03/16/2011  10:31 am  Show Profile   Bookmark this reply Add Cud Wild to your friends list Get a Link to this Reply
I didnt know that.
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coppercoins's Avatar
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7629 Posts
 Posted 03/16/2011  10:41 am  Show Profile   Bookmark this reply Add coppercoins to your friends list Get a Link to this Reply
Almost ALWAYS - in order for an error to be worth error money it would have to be something that is plainly visible to the unaided eye (no magnification) and generally would be something that would NOT fit through a hole made for the size of that coin's type - in other words, larger than it should be.

Almost ALL coins that are the right size and/or have anomalies that are small and not very visible WILL make it through to circulation. They happen with enough frequency to be easily found outside the mint, thus have NO value. There is no coin to coin quality check at the mint. If something major happens that stops processing, they remove the dies and replace them, then try to hand pick some of the problem pieces out of the bin, then start up the process again. The machine riddlers are supposed to take care of the rest of the process by not letting pieces that are larger than the coins normal diameter through to the counting and bagging process.

Really, this is the way to think about it...

The mint manufactures millions of coins a day - EVERY day. They don't have the resources, time, nor do they care to remove every die crack from the process. It is NOT their mission to make perfect collectible coins. It is their mission to feed commerce the coins it needs. They DO NOT CARE about die chips, clash marks, small gouges, and other things you need a microscope to see. They only care - mainly for the rolling process - that the coins they release are the correct size and shape, and that's about it. All the flyspeck stuff you can find generally proves that metal wears out when you slam it against metal repeatedly...and that's about all it proves. It has no value, it is exceedingly common, and nobody educated in errors cares about it.
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