I just found a 2003 D Kennedy Half Dollar. On the obverse the clad is peeling in the field and on the president. Any idea of the value of this error coin?
this is what is called a struck thru grease coin. if the clad layer was peeling off the copper would be showing thru.
I've noticed a lot of these NIFC Kennedys look struck thru grease, especially the 2003's. I would think that with only 2.5 million made there would have been a better quality control process.
quality control at our mints has went out the window in the past 10 or so years. Now days it is harder to find a coin in good condition than a messed up one. I saw a state quarter on ebay that some nut was asking up in the thousands of dollars for it because it was certified as struck thru grease by PCGS. these are so common I bet if anyone looks at their pocket change they will have plenty of the struck thru grease junk in their pocket change.this is caused by too much grease on the dies and the grease collects up the dust as the coins are struck making a thick mixture of grease and dust on the coin dies.
my opinion of the amount of grease to use on the coin dies would be none at all to make better quality coins. just use them oil free and replace them more often. oil makes the dies last longer but it attracts so much dust and fine metal particles. but then again come to think of it maybe the workers should use more grease. this is how the dropped letter coins are created and I like collecting them. I just got thru winning the bid for a state quarter with a little over half of a perfect looking dropped letter R on it for 99 cents. I know I just got lucky , now if the coin makes it thru the mail I will be a happy camper. this one makes me three dropped letter state quarters if it arrives here.