On the edge of this 2011 P Grant dollar coin, there is a little spot where it looks like it is chipped off. I thought it was PMD, but when I took a closer look, I saw that the U in "Unum" was on the part where is was chipped off. Is it PMD or is it an error? If it is an error, what is the error called? Is it worth anything? Thanks!
It could be a TINY clip. What does the surface of the coin look like where this anomaly is? That should help determine if it's PMD.
I've seen this phenomena on a few coins (Grants) that I've come across. The surface is clear and undisturbed. Possibly from a coin counting machine?
I have noticed this small "nick' on first strike box coins, and sometimes the nick is not smooth. Sometimes it is irregular, and looks like the texture of a gold nugget. So I got to calling them "nugget incuse", as in a gold nugget. In all the second run boxes, these were missing. A third type is a nick that looks like scrapes. It looks jagged, and I have yet to get any idea how it is created. Tomorrow I will post pics, and I believe this oddity to be on the planchet Before it leaves the manufacturer, making it definately not Post Mint Damage. I have seen the incuse struck thru this effect. At least hold onto this until the smoke clears. I also have noticed that collectors are playing their cards close to the vest, revealing very little about the Presidential coins as they are released. Apart from doubled letters and an occasional misplaced ray, not much is being given up on the coin forums about the presidential dollars. This makes them seem to be worth collecting until the dust settles on major errors. Or until the mint begins melting the rest of the vault holdings after they quit making new ones.
Just looks like a dent to me. I find the occasional ghost letters and symbols on the edges of these gold dollars, anyone else find any of those? Letters and stars or whatever that clearly weren't put there with the rest of the edge stamp? I have a couple. Almost like they used the same coin twice and forgot to erase all of the previous stuff.
Based on the pic showing the surface of the coin, I would say it is damage caused by the edge-lettering machine.
I pulled a few that look like this out of a fresh bank roll of Philly Grants Frank. Looks like they've been nicked with a carving knife.
Not really. Even though it was likely caused by ejection from the edge-lettering machinery, it is just damage and could easily be replicated post mint.
