does a blank copper penny planchet have any value?

Discussion in 'Error Coins' started by cmilladoo, May 3, 2012.

  1. cmilladoo

    cmilladoo Keepin it Real

    I just found a completely blank on both sides penny......any value here or are these bad boys fairly common....thanks guys!
     
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  3. RabidRick

    RabidRick Sardonic Devil's Advocate

    Maybe a couple bucks...

    You found it? Like... in circulation?
     
  4. cmilladoo

    cmilladoo Keepin it Real

    just as i was looking thru some penny rolls as I watched the game tonight......never found one before while roll hunting so i just thought i'd ask......
     
  5. Hunt1

    Hunt1 Active Member

    Could be a slug..
     
  6. cmilladoo

    cmilladoo Keepin it Real

    how would i tell if it is a slug or a blank planchet?
     
  7. RabidRick

    RabidRick Sardonic Devil's Advocate

    Good question.

    I really don't know the answer to that, but I would assume weight and / or rims would give a clue.

    (though having / not having rims doesn't necessarily mean anything, I don't think slugs usually have a rim)

    Also, aren't slugs usually made for vending machines? I don't think they have taken pennies for as long as I remember...

    Someone else can probably give a better answer.
     
  8. dannic113

    dannic113 Member

    Only to HSN doing unstrucks for 19.99 cent and 99.99 for small dollar. Price usually goes by size and metal content. It's easy to miss an unstruck dime or cent but just plain foolishness/carelessness for a mint employee to miss a half dollar or even a small dollar. So the smaller the denomination the lower the price as the potential is there for more examples. There are even some national dealers out there selling (at least they were) the stages of a coin set for $5-10 and you got an unstruck, a missing layer coin say a zinc coin that was just a copper core and a fully struck zinc cent. Same with metal composition a silver unstruck is worth more than a copper, nickel, or copper/nickel clad.
    It's a one in a million shot to get a blank from the mint. Especially now a days with the higher quality control standards. What most people get is a unstruck planchet. When the soon to be coin is cut from the sheets of metal they are blanks they go into a milling machine which turns up their edges and turns the blanks into planchets. The planchets in turn get put between the dies and struck into a coin. So to find a jagged edged blank IMO wouldn't happen often. If the machinist didn't find it, the guy dumping the bins might or quality control and certainly someone running the wrapping machines at string and sons would.
    Most slugs won't have a raised rim like on a coin as most slugs are cast and not struck and those that are have a more rounded rim instead of a crisp one with the field sunken lower than the rim IMO. There was also a trick using the punchouts from an electrical box (people were even selling them on ebay) as blanks and filling centers of rolls with them.
     
  9. Hobo

    Hobo Squirrel Hater

    Weight. Diameter. Rims. Copper plating. Not many slugs will have the correct weight and diameter as well as raised rims. And I don't recall seeing many slugs that were copper-plated.
     
  10. Patrick bishop

    Patrick bishop New Member

    I found a blank penny in a penny roll it's copper same size as other Penny's it weighs 4.1 same thicknes as a penny some what gold and bronze in color!
     
  11. Fred Weinberg

    Fred Weinberg Well-Known Member

    A copper cent blank or planchet,
    pre-82, weighs 3.1 grams or 48 grains.

    A copper-coated zinc cent, also starting
    in 1982, weighs 2.5 grams or 38.5 grains.

    Post a photo of it, and we should be able
    to determine pretty easily, if it's a slug
    or a cent planchet.
     
  12. Burton Strauss III

    Burton Strauss III Well-Known Member

    Type 1 - properly a blank - as cut from the rolled metal sheets
    Type 2 - properly a planchet - has been run through the upsetting mill to create a proto-rim.

    They are not uncommon - the mint even included them several years ago to fill the extra spot in mint sets (somebody will remember the year(s)).

    Another problem is that the Zlincoln cent blanks are made for the mint by an outside contractor and not seen as particularly sensitive. No idea what kind of controls there are to prevent some from being diverted...

    Type 2s have to come from the mint and so are less common.
     
  13. Michael K

    Michael K Well-Known Member

    I have a type 2 (copper) which I think are cooler than the type 1's because of the rim. But (I may be mistaken) I heard the type 1 has more value. If the type 2's are rarer, they should have more value. So please correct/ educate me on this. TY
     
  14. Fred Weinberg

    Fred Weinberg Well-Known Member

    Type 2 Planchets (with the upset rim) are much
    more common than Type 1 Blanks in every
    denomination......
     
    Michael K and ldhair like this.
  15. Michael K

    Michael K Well-Known Member

    Thank you, this was my understanding.
     
  16. Burton Strauss III

    Burton Strauss III Well-Known Member

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