Clipped 1839 large cent. Does this lower the value?

Discussion in 'US Coins Forum' started by coins776, Apr 9, 2013.

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CLIPPED COINS, DOES THIS LOWER THE VALUE?

Poll closed Apr 19, 2013.
  1. YES IT LOWERS THE VALUE

    5 vote(s)
    45.5%
  2. NO IT DOES NOT LOWER THE VALUE

    2 vote(s)
    18.2%
  3. NOT SURE

    2 vote(s)
    18.2%
  4. IT RAISES THE VALUE

    2 vote(s)
    18.2%
  1. coins776

    coins776 no title

    clipped 1839 large cent. does this lower the value of the coin? this coin also looks like it might have an 1839/6 overdate. 1839 cent obv.jpg 1839 cent rev.jpg
     
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  3. non_cents

    non_cents Well-Known Member

    Not sure if it is a genuine clip. I'm not seeing much evidence of the Blakesley Effect from the pictures provided. Also not seeing the overdate. You'd need to post closeup pictures of the date.
    Keep up the hunt!
     
  4. TJC

    TJC Well-Known Member

    I agree, it does not look like a genuine clip to me either. Not sure about the overdate from the pics.
     
  5. medoraman

    medoraman Supporter! Supporter

    Look at the design at the edge of the "clip". To me it appears to me more PMD than a genuine mint error. Assuming its PMD, yes, it lowers is considerably.

    If it were a genuine mint error, IDK the answer to your question. I simply do not know what clipped large cents go for versus regular cents. I would guess, at that grade, that a clipped cent would be worth more than a regular cent.
     
  6. Jwt708

    Jwt708 Well-Known Member

    I voted it lowers the value becasue it looks to me to be PMD.
     
  7. beef1020

    beef1020 Junior Member

    This is not a clip, and it is not an 1839/6.

    On real clips, the radius of the clip matches the radius of the coin, the radius of this 'clip' is much bigger than the radius of the coin. Additionally, the Blakesley effect is usually present, which it's not here.

    The 1839/6 has plain hair cords, not beaded hair cords as this coin has.

    Genuine clips on large cents do not tend to bring a premium, if anything they tend to lower the value of the coin.
     
  8. mark_h

    mark_h Somewhere over the rainbow

    Yes - what beef said - not a clip and not the 1839/6 variety.
     
  9. Treashunt

    Treashunt The Other Frank

  10. Marshall

    Marshall Junior Member

    This appears to be cut, not clipped since the edges are stretched out of round at the point of the cut. this greatly reduces value as post mint damage verses a true clip which is a minting error. A clip is still usually struck with a collar and thus will not be out of round. A mint error with both a planchet error (clip) and striking error (no collar) would be very unlikely.

    Also, a clip on this series is not likely to add value. You would have to find an error specialist to even get full value. Premiums are generally reserved for bold double strikes rather than common errors until you get to the modern coinage.
     
  11. coins776

    coins776 no title

    thanks everybody for all of the comments and the info about this coin. this is the first clipped coin that i have bought. i will be returning it to the seller for a refund.
     
  12. coins776

    coins776 no title

    1807 large cent. damaged or error coin?

    this 1807 large cent looks to be just damaged, however i have seen some similar looking coins that are mint errors of some type. this coin looks to have been struck off center as well. how do you tell from coins that are just damaged and coins that look damaged but are mint errors? 1807 cent obv.jpg 1807 cent obv 1.jpg 1807 cent rev.jpg
     
  13. coins776

    coins776 no title

    this coin looks like there is an overdate on the 7 in the date, but it does not look like an 1807/6 based on the date position and that all of the 1807/6 are much stronger overdates than this coin.
     
  14. Marshall

    Marshall Junior Member

    The reverse is easily determined to be Sheldon's Rev A. The 1 seems too fat for the typical S-271 so I initially rejected it. But the obverse alternatives could all be eliminated. So I looked more closely at the dentils and confirmed Obverse A as well, though some PMD made it resemble later obverses. It is an early die state which might account for the difference as well since most examples are of the later die states giving the variety it's common name, the Comet Variety and the 1 of the die could have been partially filled by that time.

    As for your question concerning mint verses post mint damage, I can only suggest more study of the minting process. Planchet flaws were common in the early days of copper production since some of the copper used to make the planchets was salvaged. This along with some lamination defects accounts for a very small number of mint defects compared to the typical post mint damage. These early coppers were not only used as coinage, but as a convenient source of copper disks for use in any number of household needs. These post mint uses far outnumber those few mint made errors and a very close familiarity with the minting process is required to make such a determination.
     
  15. coins776

    coins776 no title

    thanks for the info.
     
  16. beef1020

    beef1020 Junior Member

    To add to Marshall's point a little. The types of mint error that your coin could have (planchet lamination/flaws), although I think it's PMD, would also detract from the value of the coin. For early copper, clean problem free surfaces are what bring a premium while clips, plachet flaws, and laminations all detract from the value even though they are all mint made 'errors'. Errors that do bring a premium are off center strikes, double struck, and brockages.
     
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