I have this 2001 jefferson nickel in my Silver proof set that looks like it was struck thru grease or something - The front of the coin is missing letters because of it & so is the back - it is still in the case - Do I take it out & get it certified ? & if so is there someone who would have an idea of its value - I appreciate any replies -
Looks like it was possibly mishandled at the mint, or breathed on or something at one time. Might be an error, but that is my opinion. Phoenix
I see what you mean by struck through grease. The lettering has very little detail/relief. If it really is it would be the first I have seen! Value... I can't venture anything there. Errors are not my specialty. Thanks for sharing.
The mint had this problem in '99 and again in '01. It was caused by them experimenting with the washing process for Proofs.
It does appear to have been struck through grease or a similar substance. The peripheral letters are poorly struck. It's certainly worth a hefty premium.
I agree with Mike-- This doesn't match the problem that the mint had in those years with the washing of planchets. I would say that this does look like a grese problem!! Errors on PF coins are few and far between it seems so I would expect to see this one sell for a nice bit. Speedy
just to clarify... i was under the impression that coins struck through grease had little to No premium value to them, basically damged and not errors. But this proof does? is it because like Speedy mentioned, there are just so few of them? but if they are damaged and not erros, that would mean that there were fewer damaged proofs. Basically, what makes thei proof struck through grease coin, worth more?
In this case a severe grease strikethrough could have value because proof coins are not made by high speed machines bu rather by low speed equipment and the coins are supposed to receive a careful examination before they are packaged and sent out. A coin like this should have easily been spotted and rejected by the inspectors. This isn't just a simple missing or weak letter which would be very unusual to find on a proof coin in itself, but major strikethrough involving close to half the coin on both sides. There is no way this coin should have gotten out. That is what makes it special.
thanks conder101. I can see how it is special and might see very few examples considering its a proof. But the end result is the same weather its a business strike or a proof isnt it? If you found a business striek with this kind of strike through, would it also carry the same premium, or would it carry less strictly because there are presumably alot more of them. i was just under the impression that strike through involving grease or something similar were considered damge, and NOT erros. I dont mean to beat a dead duck, just trying to figure it out.
All I can say is WOW. Whatever you do, don't crack it out until you are absolutely sure what you want to do with it.
Struck through grease is an error, but a routine one and not related to a defective die. It is so common in business strikes that it is TREATED like a damaged coin, unless the result is extreme. Because of the way proof coins are (supposedly) made, this sort of error should never get past the inspectors. It is coin that simply should not exist in a collector's hands if the Mint were following it's own policies.
What made you change you mind?? A few posts back you agreed that it might have been grease.... Either way---I'm no saying it may be grease...I'm saying it is a grease filled die error! Speedy
I agree with the Struck Thru grease theory and I believe the coin would be a great candidate for Coneca's ErrorScope! Frank
