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<p>[QUOTE="johnmilton, post: 8234587, member: 101855"]In U.S. coins, edge filing is often done to remove edge bumps or damage that would make the coin less valuable. It's huge defect because it was willfully done and not part of the minting process.</p><p><br /></p><p>It's also well known that coins or planchets were filed at the U.S. mint to get the weight of the coin down to the legal standard. It done on a fairly common basis. Since it was a part of the minting process, it technically does not lower the grade, but can make the coin much harder to sell and therefore can have a significant effect on the value. This 1795 Flowing Hair Dollar has adjustment marks. The marks made it harder to sell when I let it go.</p><p><br /></p><p>[ATTACH=full]1448369[/ATTACH]</p><p><br /></p><p>[ATTACH=full]1448371[/ATTACH]</p><p><br /></p><p>Maybe I am wrong, but it would seem to me that the ancient people might have weighed the planchets before they struck the coins and adjusted them with files. It's also possible that an ancient crook could have removed metal before they passed the coin. The question would be, when was it done and for what purpose?</p><p><br /></p><p>I know I have posed far more questions than answers, but I don't have all of the answers.</p><p><br /></p><p>BTW NGC graded the coin I posted as an EF-40, which I thought was too high. I bought it years ago as a VF-25 and thought that it would grade VF despite the relaxed standards. That also may have made it harder to sell.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 8234587, member: 101855"]In U.S. coins, edge filing is often done to remove edge bumps or damage that would make the coin less valuable. It's huge defect because it was willfully done and not part of the minting process. It's also well known that coins or planchets were filed at the U.S. mint to get the weight of the coin down to the legal standard. It done on a fairly common basis. Since it was a part of the minting process, it technically does not lower the grade, but can make the coin much harder to sell and therefore can have a significant effect on the value. This 1795 Flowing Hair Dollar has adjustment marks. The marks made it harder to sell when I let it go. [ATTACH=full]1448369[/ATTACH] [ATTACH=full]1448371[/ATTACH] Maybe I am wrong, but it would seem to me that the ancient people might have weighed the planchets before they struck the coins and adjusted them with files. It's also possible that an ancient crook could have removed metal before they passed the coin. The question would be, when was it done and for what purpose? I know I have posed far more questions than answers, but I don't have all of the answers. BTW NGC graded the coin I posted as an EF-40, which I thought was too high. I bought it years ago as a VF-25 and thought that it would grade VF despite the relaxed standards. That also may have made it harder to sell.[/QUOTE]
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