Silver 1974-S Ike Reverse Damage...keep or return?

Discussion in 'Coin Chat' started by JCro57, Feb 22, 2018.

  1. JCro57

    JCro57 COINS: Change I Can Believe in

    Pretty decent obverse for a Blue Ike. Reverse has damage on the bottom. Not sure if I should return this one; the dealer said he'd take it back and give me another.

    1. Is this a lamination error? Defective die? Defective planchet? Strike through? Something else? Notice the rim is fine. (Pretty sure it is NOT PMD).

    2. Should I keep it or return it? (Cool error or knocked down a peg because it is damaged?)

    Please be honest. 0222181555_HDR.jpg 0222181558_HDR.jpg 0222181557_HDR.jpg
     
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  3. tommyc03

    tommyc03 Senior Member

    I could be wrong but looks like a struck through. If so I would keep it, but that's me. As long as you did not over pay for it. But HOW could that have been missed? It was not in the description?
     
  4. I would keep it. Much more interesting that without the error or whatever that is...lol. TC
     
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  5. Collecting Nut

    Collecting Nut Borderline Hoarder

    Looks like a Mint error but I'm not an expert in that type of error. If it's a true Mint error, I'd keep it and look for another to replace this one in your collection. After all, you bought this for a reason.
     
    tommyc03 likes this.
  6. ldhair

    ldhair Clean Supporter

    Did you buy the coin from that image?
     
  7. JCro57

    JCro57 COINS: Change I Can Believe in

    I bought it for $9 at a coin shop here in Buffalo. Was still in the Blue Ike mint cello. Put it in my handy intercept shield, and then all of a sudden I noticed it. BAM! There it was...
     
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  8. cpm9ball

    cpm9ball Cannot Re-Member

    As Tommy said, it looks like it is a strikethrough. It is my guess that grease and debris built up in one of the devices on the reverse, and this compacted debris fell onto the planchet before it was struck. I've seen this happen quite often when I was searching Mint bags of other denominations.

    Chris
     
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  9. JCro57

    JCro57 COINS: Change I Can Believe in

    It was a beauty for being in the original packaging. Few marks on it. Nice color. No toning.
     
  10. JCro57

    JCro57 COINS: Change I Can Believe in

    Would you keep it?
     
  11. cpm9ball

    cpm9ball Cannot Re-Member

    Let's put it this way. If you submitted the coin to one of the major grading services for normal grading (no error attribution), I believe it would come back with a straight grade that was unaffected by the strikethrough.

    It's your call, not mine.

    Chris
     
  12. Collecting Nut

    Collecting Nut Borderline Hoarder

    If I owned that coin, yes. I can afford to sit on $9.00.
     
    tommyc03 likes this.
  13. JCro57

    JCro57 COINS: Change I Can Believe in

    Ok. So, in your opinion, it wouldn't get a "Details" tag. But would that be a reason why it wouldn't go from a 65 to a 66, all else being equal? (Just wondering since it obviously wasn't damaged after it was released.)
     
  14. physics-fan3.14

    physics-fan3.14 Senior Member

    I would return it and get a better one. It appears to have been struck through. Minor strikethroughs like this will not get designated as an error, and will sometimes lower the grade. They also generally lower the value unless you can find just the right buyer.

    Return it and get one without the strikethrough.
     
  15. cpm9ball

    cpm9ball Cannot Re-Member

    I'm not going to speculate on the grade.

    Chris
     
  16. ToughCOINS

    ToughCOINS Dealer Member Moderator

    It's a keeper . . . especially on a 40% Ike. If submitted as an error, it almost certainly would get attributed, however, the cost of error submission almost negates the benefit of doing so.

    I think you should keep it as raw trade bait, and you'll end up better off for having done so.
     
  17. Michael K

    Michael K Well-Known Member

    If it's not damage it looks like a high grade coin.
     
  18. JCro57

    JCro57 COINS: Change I Can Believe in

    I mean in more general terms, not a specific grade. Would it be "Grade -1" in your opinion?
     
  19. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    If this was an in-person purchase and you removed it from the original packaging, I wouldn't expect to be offered a return. Of course it was only $9 and very well may be honored, but some things are best shouldered and learned from (if you know what I mean).
     
    ldhair likes this.
  20. cpm9ball

    cpm9ball Cannot Re-Member

    Are we playing with horseshoes or hand grenades?

    Chris
     
  21. JCro57

    JCro57 COINS: Change I Can Believe in

    He already told me I could return it if I wanted. He is the one who cut it out of the packaging. But, I might just keep it and for $9 get another
     
    Bob Evancho likes this.
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