This one is the worst of all, don't think anybody can beat this one Who in his/her right mind would make a hole exactly were the mint mark is? What a shame!! Some people have really some bad ideas!! Franz Joseph I, 1 Ducat; 20 mm, 3.45 g, 0.8 mm thickness. Mint ??? impossible to determine. Reference: KM 2267 Obverse: Old laureate head of Franz Joseph, facing right, with thick whiskers. FRANC IOS I D G AUSTRIAE IMPERATOR Engraver: Friedrich Leisek Reverse: Arms of Austria superimposed upon a crowned double-headed Imperial eagle. HUNGAR BOHEM GAL LOD ILL REX A A (King of Hungary, Bohemia, Galicia, Lodomeria, Illyria, Archduke of Austria) 1882 Engraver: Friedrich Leisek Edge: Reeded
Here is a 1757 Great Britain 6 pence which has something scratched in the fields of the reverse. I can read "1763" in one quadrant, not sure what the other characters or letters are. the other is a very worn 1788 Barbados penny.
Show some examples so I know what you are talking about? If it is a legitimate error made at the mint, that is a completely different category than post-mint damage.
If I would turn down the Dexter 1804 dollar, I'd certainly turn down any of those coins. Sorry, scratches, wheel marks, and chop marks (especially chop marks!) are absolute turn offs. I don't care what coin it is, I wouldn't own it. While I respect your opinion, I just can't agree. Graffiti, test cuts, banker's marks..... cannot stand them. If I were collecting a series and literally the only coin available had one of these problems then I would have to buy it to complete the set, but for most series there are enough other options that I will avoid any of these things. While the coins you show are mostly attractive, the problems they display just completely turn me off. The test cut on that owl is seriously off-putting, especially since these were such a high mintage and finding problem-free coins is extremely easy. The other coin you show exhibits crystallization, which is a completely natural process and I don't consider that to be in the same category as graffiti or bankers marks. Crystallization is more in the vein of toning - sometimes it is a good thing, sometimes it goes too far and can be a bad thing. I would avoid extreme crystallization like that piece, but I'm not sure that is "damage" like the rest of the coins in this thread.
Right. I was just asking if you felt the same about error coins "damaged" during the minting process (not PMD). See, for the non-errors I collect, I do not want any that have laminations, scratches, or anything that would garner a "Details" grade. Not even free. But many errorr coins have distorted letters, scratches or gouges caused during striking. For example here are a couple from my collection. They all have forms of damage, just not PMD.
I have always avoided damaged coins. But some of the coins posted on this thread would be interesting to own. Chop marks and counter stamps were part of how a coin was used and wouldn’t bother me as much as holes, scratches and so forth. As for graffiti, it would have to have some historical significance (such as a military pocket piece) versus just being carved up by some random person with time on their hands. Overall my philosophy is, if I can’t afford the coin in problem free good or better, then I can’t afford it.
The only graffiti I would accept would be: 1) A trial piece from the Mint where they used a marker or etcher to mark their notes about the trial run. 2) A significant historical figure, like Ronald Reagan, inscribed an "X" over a hammer and sickle image on a soviet coin.
I found this Kennedy Half Metal Detecting.. I find it intriguing And these Metal Detected Quarters.. Probably mowing machine damage -
These are the key phrases here. If it was made at the mint, its an error and thus collectible. If it was made after the mint, its damage.
Right. But I am asking do you like error coins that are "damaged" (gouged, scratched, clipped, etc.) during the minting process. I mean a scratch on a coin is still a scratch whether caused during striking or someone at home with a screwdriver. Error collectors (myself included) make the exception if it happened during minting as it matters when/where. But some do not care where or how and don't want one with one. For example, here is my triple struck quarter, but the neck on the centered strike has a big gouge on it, but some are not forgiving of a mark like that even it was caused by the strike. I am asking if you are one of those who says "Nope. Don't want that one."
Many people share your opinion, of course, and that's why these coins trade at a discount. I guess we could argue over whether cleaning and polishing constitute damage, although I won't, because I agree that they do. For that matter, I'd argue that wear is damage -- it's a post-mint alteration of the coin's surface. In fact, so are bag marks. So, to be consistent, I think you have to restrict yourself to MS70 and PR70 examples. Worthless? But you just said: ...which means you acknowledge that they have worth. Right?
What I am saying is that if it happened during the minting process, it isn't damage. The "gouge" on his neck is from the coin being off centered in the minting chamber, and is a direct result of the error. That isn't damage. They do not have any worth to me. They do have worth to someone else, though.
I guess I am not being clear. I know and understand everything you said. I know the difference between PMD and non-PMD. I was asking if you would collect an error that had those kind of marks even if it was Mint-caused. For example, some love off centers, but only if they don't have even Mint-caused marks.
This is really the key to what Jason is saying. In numismatics the word damage has a specific meaning, and when it is used it is only used to refer to damage that occurs post strike. And even that is an important distinction because damage, post strike damage, can occur and often does in the mint building ! Point being that the very term "post mint" is incorrect terminology as post mint doesn't really mean anything.
Now I want to post a picture of a coin that has been damaged. But this doesn't have anything to do with my previous post. This is more along the lines of the thread's title. It is not and never was my coin, but I have owed others similar to it. This particular one belonged to a a very early forum member. And I think everybody would agree that this coin is/was damaged. Now here's the interesting part. It is not at all uncommon to find gold coins like this, particularly those from this coin's time period. And for many of those who collect gold coins from this time period, you probably own one, or have owned one. But you may very well not know that it ever looked like that. This is why I say that, and coupled with the previous picture it is the educational part of my post. This is what the coin looked like later. Many times, if not most times, coins like this are referred to as having "wavy planchets" by catalogs and or dealers, sometimes even collectors. But that is a very misleading term. Yes, planchets for gold coins from this time period could have been and often were wavy. But gold is not a metal that has spring characteristics. If it's bent or wavy it stays bent or wavy until other action is taken upon it to flatten or straighten it out. Being struck between 2 dies is one of those things that does flatten and straighten it out. Point being, no matter how wavy the planchet was, once it was struck it wasn't wavy anymore - it was flat ! If you put enough pressure on thin gold to impart the design from the dies then the resulting coin is going to be flat - it will not spring back to its previous wavy form the planchet may have had. So whenever you see a gold coin and it is described as a wavy planchet, most of the time that coin has been bent, folded, creased - you can choose your own term - and then straightened back out again. Even if you're not aware of it that's what has happened. So you are buying a coin that has been, or you could even say still is, damaged. There is one exception. And that is when the coin, long after it was struck, is bent perhaps slightly, or even very slightly, and perhaps more than once, and it is left that way. Coins like that are also described as wavy planchets. But you need to be aware that the planchet didn't have anything to do with it being wavy. It got that way because it was bent. Nothing wrong with that, as I said I've owned a great many of them. But you should at least be aware of it. And those folds or bends or creases, they never get completely straightened back out. Or at least I've never seen one that has been, you can always see traces, even if slight, of them.
I don't know how much more clearly I can state it: if it was caused during the minting process, I don't consider it damage and thus consider it collectible.