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<p>[QUOTE=&quot;LostDutchman, post: 798965, member: 16994&quot;]Doug, </p><p><br /></p><p>Thank you for the very informative post. I am very positive that your experience vastly outweighs mine on this subject. </p><p><br /></p><p>Here are a few observations on my part (that could be justified or just completely wrong) and please feel free to correct me as this is a learning experience for everyone including myself. </p><p><br /></p><p>#1 From my experience with flawed planchets, they do always seem to have a grain to them and seem to run the same way. IE woody cents. These are the most familiar improperly mixed planchets. They seem to have a grain similar to wood hence the name woody. I quote you here.</p><p><br /></p><p>You can see in my earlier post that I have said a couple of times that &quot;I wish I could get a better picture because in hand these are definitely planchet flaws&quot;. The piece under the chin with the retained part of the planchet... I did not see this addressed in your assessment of the coin. In my book this is unequivocally a planchet flaw and also what I am seeing over the rest of the coin. The coin was struck normally and then the impurities in the planchet caused pieces of the planchet to break away later. There is no displaced metal around the edges of these marks to be consistent with gouges or scratches. I learned long ago how to tell the difference between a scratch and/or gouge and a planchet flaw. I think that my photography is lacking in this case. </p><p><br /></p><p>#2 The recut &quot;E&quot;. This coin is 1818 and every piece of this die including the denticles was cut by hand. From your study of American coinage of the time you know that recutting of letters and numerals was common place and some were even more dramatic then what is seen here. IE the 1796 &quot;Liherty&quot; error and others. </p><p><br /></p><p>I think that we have to keep in mind that this piece was (supposedly) struck in Popayan Columbia. This is far from the major mints (and die cutting talent) of Lima Preu, Mexico City or even Bogota. The &quot;P FM&quot; mintmark only struck 8 escudos from 1816-1820 before it was changed and never used again. It was used on 1 and 2 escudos for even less time. I have to surmise that this was due to the poor work being put out by the die cutter. I know your going to say that&#039;s grabbing at straws... but this is my opinion. </p><p><br /></p><p>I have this piece packed up to be sent to NGC this afternoon. I for one hope that this is a VERY rare occasion where you are mistaken Doug. Either way I&#039;m sure this is going to be a learning experience for everyone.[/QUOTE]</p><p><br /></p>

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