Should I Open it???

Discussion in 'Error Coins' started by LostDutchman, Sep 13, 2014.

  1. torontokuba

    torontokuba Thread Crapper & Hijacker, TP please.

    These Sacagawea's do have edge lettering, so, maybe there is a possibility?
     
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  3. Kirkuleez

    Kirkuleez 80 proof

    What is a blank worth Sac worth?
     
  4. 19Lyds

    19Lyds Member of the United States of Confusion

    Aw jeez! I can't believe you fell for this put together roll thing and hopefully you didn't spend an arm and a le....................


    Oh wait, these are Sac's! I was thinking Morgan CC Dollars. DUH!!

    Sure, I cannot think of any reason not to open it.
     
    micbraun likes this.
  5. Mojavedave

    Mojavedave Senior Member

    Well, I guess that would be about a 100 % profit. How can you beat that ?
     
  6. Ethan

    Ethan Collector of Kennedy's

    I would open it and slab it, then sell it.
     
  7. furryfrog02

    furryfrog02 Well-Known Member

    Checked ebay for blank planchet dollar coins. Not a lot sold but none were sold for that much $$. I would open it. I know I already said that but just thought I'd say it again :)
     
  8. Conder101

    Conder101 Numismatist

    That is the real question.

    A planchet isn't worth a great deal. The unopened roll is probably worth more than the 24 coins plus the value of the planchet. Why because there are a lot of wishful thinkers out there that will dream of "great treasures" hidden in the roll.

    But a planchet with a lettered edge is a lot rarer and more valuable. And they only way to know for sure what you have is to open the roll. So the question is, is it worth losing the "treasure hunt" premium on the roll for the very slight chance the planchet has a lettered edge?
     
    torontokuba likes this.
  9. Ethan

    Ethan Collector of Kennedy's

    Depends as if you sold it you would always wonder what if....Me I would open it.
     
  10. d.t.menace

    d.t.menace Member

    I agree with Conder. I would ebay it as is.
    Odds are it isn't edge lettered.
     
  11. SPP Ottawa

    SPP Ottawa Numismatist

    That is pretty darned cool... I once found a Canadian 1982 Constitution dollar roll with a blank planchet on the end. Those planchets, however, are very scarce, so I cracked that roll open in a heartbeat!! My only regret is that I wish I had taken photographs, as you did...

    I say open it, you have the photos, and those are something you will always have, long after the blank and roll are gone...
     
  12. Ethan

    Ethan Collector of Kennedy's


    Best reply of the bunch!
     
  13. jlogan

    jlogan Well-Known Member

  14. bdunnse

    bdunnse Who dat?

    I'll give you 1 cent to open it...guaranteed profit.
     
    NOS likes this.
  15. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Question: isn't the edge lettering applied at the time of striking and not by another process? How could a blank planchet get edge lettered? Wouldn't SOME kind of image be on that face, even if a capped die or other piece of badly smudged design elements?

    Anybody have an idea how an edge lettering can get on with a face that utterly smooth?

    I do get the idea that the rarity of whatever event that might be IS what would up the value, but it also makes it far less likely the edge lettering is there.
     
  16. KoinJester

    KoinJester Well-Known Member

    The edge letters are applied after the striking by the Schuler edge lettering machine
     
  17. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Thanks. I don't know where, but I had somehow gotten the impression (pun) that it was done by the striking collar.
     
  18. furryfrog02

    furryfrog02 Well-Known Member

    Which is why you have the type 1 and type 2 versions of the coins since they go into that machine in no particular way.
     
  19. Conder101

    Conder101 Numismatist

    The proofs have the lettering applied during the striking through the use of a three piece collar. This can be done because the proof striking is comparatively slow, 20 to 30 coins per minute. But it isn't practical with the high speed business strike presses at 750 coins per minute. So they are lettered after striking with the Schuler edge lettering machine at around 1000 coins per minute. If an unstruck planchet gets mixed in with the struck coins it can get run through the edge letterer as well.

    As furryfrog says that is why there are right side up and upside down edge letterings on the coins. They all come out of the press the same side up but after being dumped several times from press to tote bin to hopper they get all mixed up and go into the edging machine face up or face down at random.
     
  20. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Thanks, that's really cool! So that means that on proofs there should be no A's and B's, right?
     
  21. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    By the way, has anyone told you your avatar can be, err, umm, disturbing to some? I come from a long line of clown phobics.
     
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