Two Mil 1927 - Nature of damage and general value

Discussion in 'What's it Worth' started by Taxidermist, Jul 17, 2010.

  1. Taxidermist

    Taxidermist Collector of US/IL/RU/DE

    Got this coin from a dealer who decided that the damage (if thats what it is) is some kind of abscess that goes into the coin metal, and hence was selling it for really cheap. When i looked at it, i decided this is something that sits on coin surface, not really going into it.

    Would like to know the nature of the little "dots" on coin surface, shown on the photos.
    If someone can look in the book, would be also nice to know the value.


    IMG1.jpg

    IMG2.jpg

    IMG3.jpg
    IMG4.jpg
     
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  3. ikandiggit

    ikandiggit Currency Error Collector

    Might be a case of rusty dies.
     
  4. weryon

    weryon World traveler - In Thailand

    as Ikandiggit said, I also think this is a case of rusty dies
     
  5. Taxidermist

    Taxidermist Collector of US/IL/RU/DE

    Are rusty dies usually considered as damage that makes the coin less valuable or is it adding some premium to the coin?
     
  6. ikandiggit

    ikandiggit Currency Error Collector

    I've been keeping the ones I find but I think the general consensus is that it's more damage than a collectible (valuable) error. Similar to poorly polished dies. Interesting but not too desirable.
     
  7. Taxidermist

    Taxidermist Collector of US/IL/RU/DE

    Thanks, ikandiggit
     
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