1918/7-D Buffalo Nickel in PCGS MS62 with an obverse planchet lamination

What do you all think about this coin? What's it worth? The average MS62 goes for in the range of 40 thousand and change.

https://www.pcgs.com/cert/34902903

 

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With the nice attributed Lamination.. Just add an extra $30.00 - $40.00 to the value

 

Not sure if this is a joke? No offense intended.

 

For $30k i would rather not have that unsightly lamination.
Although, it makes the Indian look like he is in the process of getting scalped...alive

 

I gave you my honest quote.. I have been collecting Mint Errors for 31 years now.

 

Isn't this coin on the pcgs forums for sale for a while now? That lamination is distracting for this rare error.

 

And money ( price ) ...

 

Some lamination errors can look pretty cool, but this one is kinda ugly IMO. But lamination errors are not valuable at all in general. In fact, many error collectors couldn't care less about them. The ones I know, anyway.

 

Haven't I heard folks here say that an error often detracts from the value of a key date, rather than adding to it?

 

This one the lamination is sort of ulgy....I guess depending on what the lamination looks like it may or may not add value for the error or eye appeal.
In this case I don't believe anyone including the owner would want the specimen to be without the damage. Shame great variety nice looking coin if you can look past the scar.

 

Eh, I'm a fast reader.

I wasn't at all sure that there are collectors willing to pay a "compound premium" for key-date errors, so the long-form answer was useful to me. Thanks!

 

Though there is probably a strict definition somewhere that makes a lamination an error as opposed to damage, to me it is an undesirable defect. I can't say there isn't some error hound out there that wouldn't pay more for it, but personally I'd value it considerably less than the MS62 price.

 

^^^^^^
I agree with the grade. But sometimes, aren't planchet errors considered details?

 

I’m not an error expert, but I consider laminations in a grey area between mint error and damage.

 

Damage occurs after mintage... errors occur before or durring so this is considered an error