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How Does Original Mint Damage Affect A Coin's Value?

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paleoguy45's Avatar
United States
2936 Posts
 Posted 06/07/2011  6:10 pm Show Profile   Bookmark this topic Add paleoguy45 to your friends list Get a Link to this Message Number of Subscribers
While getting photos of all my 7070 coins I happened to notice that a pristine(IMO)1839 Dime had what appeared to be significant damage inflicted during the striking process. Does this have a significant impact on the value of the coin since it occurred at the Mint? Photos follow (and you'll see her again on 7 July in Moe's awesome 7070 thread.




How-Does-Original-Mint-Damage-Affect-A-Coin's-Value? How-Does-Original-Mint-Damage-Affect-A-Coin's-Value?

All opinion greatly appreciated... Paleoguy
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biokemist6's Avatar
United States
12437 Posts
 Posted 06/07/2011  6:42 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Why do you think it occurred at the Mint? The rims and both faces have significant gouges and scrapes which only leads me to conclude that it is post-mint damage.
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Jaobler's Avatar
United States
6385 Posts
 Posted 06/07/2011  7:19 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
I agree, this looks like some very unfortunate post-mint damage to what otherwise is a high grade coin. The potential value will probably be reduced 25-50% compared to a similar but undamaged example.
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biggfredd's Avatar
United States
9104 Posts
 Posted 06/08/2011  02:04 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
I can't think of anything in the minting process that would cause such appearances. I'm thinking PMD, net VF, because of all the damage near the face.
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Conder101's Avatar
United States
17884 Posts
 Posted 06/08/2011  08:11 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Damage is damage whether it occurred inside the mint or outside. The only exception is if it occurred before or during the striking such as in a strike through.
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Las_Vegas_Larry's Avatar
United States
817 Posts
 Posted 06/09/2011  6:43 pm  Show Profile   Bookmark this reply Add Las_Vegas_Larry to your friends list Get a Link to this Reply
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junior e's Avatar
United States
931 Posts
 Posted 06/10/2011  4:59 pm  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
Getting back to the question, is there any premium for a mint damaged coin? I just read an article that made a point about not being able to damage one side of the coin leaving the other side undamaged unless it was a die problem.
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Namachieli's Avatar
United States
2120 Posts
 Posted 06/10/2011  5:10 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
to me it looks like this dime was used as a screw driver.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 06/11/2011  05:06 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
It does look like it was used as a tool , how unfortunate for such a nice coin.

Ed
ANA LM-3175
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