Would the following description of this cud appear to be a rare occurence? Or is it common for the piece of broken die to damage adjacent portions of the die? Any idea what a piece like this would go for (Lincoln Cent)? Huge cud covers the date. The piece that broke from the die causing the cud was struck between the dies causing some die damage to the left of the cud which shows on this coin.
I don't know what it would go for, but it is truly an impressive error. :thumb: Did you find it or buy it? Phoenix
Considering purchasing it....that's why I'm wondering what a reasonable price for this coin should be.
That error is truely "one of a kind" so pegging "what it's worth" is a rather difficult proposition. If the coin is for sale by a legitimate dealer who specializes in errors/oddities then my guess is that it is fairly reasonable retail priced based on that person's purchase price and his knowledge of the error market, however if those conditions aren't met then the price becomes more difficult to evaluate. It is all going to come down to are you willing to pay what is being asked and will you enjoy it at that price. If yes (and it is in your budget) then buy the coin, if not, then let it pass as you will always regret your purchase. Good luck!
Let me phrase it another way. What would you be willing to pay for this coin? I will then take the average of all responses and consider that to be a fairly close price to what it is worth.
I have no idea what I'd pay, cause I am not experienced at buying error coins. Could you post the link to the auction? Phoenix
arrg!! After viewing the photos (They wouldn't load the first time I was in the thread) I would pass on that coin. I'm not convinced that it isn't just damage. While that may be a cud (not convinced of that) I am very hesitant to call the thing on the upper right corner anything other than damage. While it is possible that it could have bben struck through paper or something there to cause that look, it is EXTREMELY unlikely (read that as "TCT doesn't think it is possible")that a piece of die material, which is hardened steel, could allow that much obverse detail to be struck through it! That combined with it being an eBay coin convinces me that it is a coin to stay away from. If shipping is free I suppose I would pay 1 cent for it.
It is a nice cud, if it would be real. If so, value will be much lower, because there is no date showing. A big part of the premium will be lost. My guess: $20-$40 (again, if it's a real one) With date, I would give $50-$80 depending on the date/mintage/quality Regards, Jos
If I understand the dealer's description correctly, it is not being described as a strike thru. It is being described as damage to the die caused by the piece of medal that broke of the die....Sort of like a die clash but not.
This one of approximately six known cuds in which the broken-off die fragment was struck by one of the dies. The phenomenon is known as "floating die clash". This particular example usually sells for between $100 and $150 on eBay. It's one of the nicer ones. The working face of the die fragment collided with the obverse die, transferring most of the date "987" and the front part of Lincoln's coat. As a result, you've got an incuse, mirror-image version of these design elements on the left side of the obverse face.
Do I understand this correctly? A piece of the obverse die breaks off. The broken off piece flips over and stays in the press. The rest of the obverse die is intact and hits the broken off piece, like a die clash, so you see the design of the broken piece in the intact part. The broken piece of the die gets ejected from the press. When this coin is pressed, there is a blank spot where the die is broken and gone. On the left side you see the design of the broken piece from the die clash. What happened on the reverse? Why is there a blank spot there?
Your summary of the chain of events is correct. The blank area on the reverse opposite the cud in vertical space is due to the fact that the coin metal bulged into the gap in the obverse die and simultaneously withdrew from the reverse die. You see this effect in all large cuds. The reason there's no damage to the reverse die opposite the floating die clash is presumably because the reverse die was protected by a planchet when the obverse die struck the die fragment.
I stand corrected. With Mike's endorsement, I would have no qualms buying the coin if it was priced near the range he quoted.
I think I will purchase this coin....it seems like the planets have to be aligned for this type of error to occur.
As I said, there are several other cud/"floating die clash" combination errors known. In addition to this 1987 cent, there is a 1974 cent, a 1989 cent, a 1983-P nickel, and a 1972 nickel. The most common is the 1974 cent. There is also one cud/counterclash error -- a 1983 cent.
It's a nice coin...but I wouldn't pay more than $5 for it. I'm just not really an error person (unless it's a DD or RPM).
