I bought this 3 cent nickel proof several years ago from HA. Here is my question. It has a planchet crack (see slab). > Is the value of this coin or any proof coin with a mint error that is minor (appearance-wise) enhance or degrade its value or does it have any affect at all worth noting?
Given the relatively small collector base for coins of that particular series, I don't think it would have much of an impact one way or another.
That is what I assumed as well, unless there is a collector that just likes all mint error proof coins, that would be a rare bird though I think.
It would most likely degrade it. Most people who want a proof want it as close to perfect as possible, and there aren't too many people who specialize in error proof three cent nickels
I never did understand classifying a planchet crack as an error. I don't understand the thought that it somehow lowers the collectability. I am not referring to cost.
It's a planchet error, and it is a "one of" so it isn't a variety. Would you consider a "clipped planchet" to be an error? Same category, a planchet error.
Doesn't change my thoughts. Lack of a level of quality control does not equal a numismatic error, in my opinion, one of or not. I will also stand pat with my comment concerning thoughts that it lowers collectability of a coin because of a planchet crack. Is a clipped planchet a lack of some level of quality control? Is it of greater value economically? Does it lower collectability? Not that it would change my thoughts, but we don't know factually it is a one of. Adding the word "so" to indicate fact, does not make the position that it is an error, nor does it strengthen the position that it is not a variety. Of course that is dependent on whether or not a person considers a variety to be the definition of some level of lack of quality control. It is a coin. It is nice. Collect it or not, according to the preference of the individual.
A variety is an unintentional deviation (error) in the coin design attributed to and traceable to the manufacture of the coin die. A planchet crack is not attributable to the manufacture of the coin die.
Not sure what's causing that, either, but I and others have had issues of multiple images/posts more recently for some reason...haven't heard anything of why or from troubleshooting, etc.
Thank you. I am not convinced this is correct explanation. An unintentional deviation is not an error, in my opinion, because it could have been avoided and because a deviation is a quality control issue, in my opinion, and as you state since it is traceable to the manufacture of the coin design...which includes the planchet/raw material and/or process....is maybe correctly described as a mistake. The planchet crack could be attributable to the manufacture of the coin die, when considering the physics of the strike....pressure, hardness, size, curvature, setting, etc.
No - I did not say a variety is traceable to the manufacture of the coin design. It is traceable specifically to the manufacture of the coin die.
I did not state you did, but I do think I confused you, and for that I apologize. I stated:.... I then linked the statement to: the part I am suggesting led to confusing you is: It is sort of an if x is true and y is part of x and is true, then x and y equals z opinion. There was and is zero intent to knowingly re-state your position to bolster my opinion. The point being the coin die is a product of manufacturing, and therefore is susceptible to an issue of quality control failure in the process, that causes such product deviations.
If X = a coin die and Y = a coin planchet; Y is not part of X. A die is a die and a planchet is a planchet and are two distinct different objects.
A variety is generally an intentional change to the design or material in a series of a coin. The 1982 LMC with 2 varieties (copper and zinc) and 2 other varieties ( large date and small date). The 1943 steel cent is also a LWC variety. LWC and LMC are also varieties. Edit: But it also can be an unintentional defect of the die that was let through quality control intentionally or unintentionally like the 1955 LWC DDO.
I think I'll try to sell it to a dealer at the FUN show, I never liked the darn coin anyway, I could have been drinking back then when I bought it (cost me $305), I gave that up.
True for unrestrained planchets such as some ancients, broadstrikes, and some off-centers and off-centered double strikes, but I don't believe it is possible in a properly centered close collar strike.
Plus if attributable to the manufacture of the die - it would have cracked almost all the planchets it struck.
