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Message:: [QUOTE="Marshall, post: 7765774, member: 21705"]You hit the key. No Problem>planchet defect>PMD in this series. Many of the early Half Cents as well as Large Cents had planchet issues  to the point they have no added value like with modern coins. Those who prefer no problems still outnumber those who desire the defects so the premium is highest for no problem coins. 1795 was a particularly interesting year in this regard since the Mint used Talbot & Lee (TAL) tokens and cut them down for copper stock for the Half Cents. A few got mixed into the Large Cent stock including the only two specimens of 1795 NC-2 and I think I have a S-78 struck on the TAL Token because it's severely underweight. One rare Cent was confirmed by undertype when it was struck as a cent and cut down for use as a half cent, but I believe that was a 94. There was a series of modern struck pieces replicating the process in the Holmes 2009 sale. Anyway, this is the long way to say planchet problems were very common that year. It would be of more value if you can see an undertype from a TAL strike or prior Cent strike, but those are often very difficult or impossible to discern. But it's worth a close examination.[/QUOTE]