Tips on Clips

Discussion in 'Error Coins' started by vnickels, Nov 7, 2010.

  1. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    Just bought 2 clips today and thought I would share advice on how to buy them.

    First off, there are six things to consider
    Denomination
    Position of clip
    Is there more than one?
    Type of clip
    Size of clip
    Condition of the coin
    Is it particularly scarce on particular date/mintmark?

    Take these into effect and you will have success.
    Now, the more clips equals the higher the price.
    I have a penny that is clipped twice.(one of them barely)
    Now, that makes it more desirable. Redbook says $3 but I paid $5. It is double clipped though. Now the Redbook is high but every error is unique. So if it is a few bucks over the book and your not buying it to make money don't hesitate to spend a few dollars more within reason. If it books for $5 and is $8 what the heck? It is still cool. Buy what
    you can afford. Try to buy better stuff and avoid stuff in crappy condition.
    And remember, enjoy numismatics!
     
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  3. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    anybody gonna comment for cryin out loud?
     
  4. lincolncent

    lincolncent Future Storm Chaser Guy

    Redbook prices are often way behind. I never use redbook for pricing (especially on errors). I also have never bought a clip. I saw a war nickel with a clip once, now I'm kinda mad I didnt get it.
     
  5. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    hehe. Plenty of clips out there still on many coins
     
  6. Hobo

    Hobo Squirrel Hater

    You forgot to mention the Blakesley effect. When a blank with a clip (or clips) is run through the upset mill (to raise a rim on the blank making it a planchet) the rim will not be raised or may be weaker directly opposite the clip(s).
     
  7. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    thanks hobo
     
  8. 19Lyds

    19Lyds Member of the United States of Confusion

    Next Step:

    Post Pics of your Clips!

    [​IMG]
     
  9. 19Lyds

    19Lyds Member of the United States of Confusion

  10. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    wicked 19lyds!
     
  11. Eire73

    Eire73 Tucan Sam

    METAL MUNCHIN MICE......@ THE MINT= CLIPS! like on Rocky & Bullwinkle show! anyone? LOL
     
  12. coop

    coop Senior Member

  13. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    taper means? and nice stuff coop!
     
  14. coop

    coop Senior Member

  15. Hobo

    Hobo Squirrel Hater

    If you don't own a dictionary (and even if you do) you can find the definition to any word on-line. One way is to simply Google the word and "definition".

    My Google search gave me:

    taper - to become smaller or thinner toward one end
     
  16. vnickels

    vnickels Matt Draiss Numismatics & Galleries

  17. robbudo

    robbudo Indian Error Collector

    This one is certified by NGC, 20% clip, MS66 RB. Do we see the features we've been discussing in this thread?
    1952-D-ob.jpg 1952-D-re.jpg
     
  18. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    Nice coin robbudo!
     
  19. 10gary22

    10gary22 Junior Member

    Clips are rare as far as I can tell for Cents. I mean, I look at thoisands of coins and don't find any. That tells me others aren't finding them either. Redbook is so far behind they don't even have up to date listings of some transition varieties. I don't think they can be considered a valid source to establish values on very scarce items.
     
  20. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    tehy usually are just overpriced and as soon as they come out their prices are a year old anyway
     
  21. robbudo

    robbudo Indian Error Collector

    I agree vnickels. It's like the farmer's almanac publishing the weather report 14 months ahead of time. Not all that useful toward the end of the year.
     
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