What is going on with this 1942 Type 2 nickel proof?

Does anyone know what is going on along the bottom rim area of this 1942 Type 2 Jefferson proof nickel? It looks like a series of tooling marks, but the PR-68 grade given by PCGS tells me otherwise. What would have caused that at the Mint?

Thanks in advance!

Pic from the 'net.

 

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Me too, especially since it's a proof!

It's like a reverse cud but in shorter successions, or a polish / grease-filled series of lumps.

 

I've seen that on a couple Jeffersons in the past but they were circulated so I assumed it was PMD but this being proof IDK what would've caused this. I'm curious myself.

 

I forget the technical name for it but it's a type of lamination, where the raised or upset edge of the planchet is folded over during striking.

 

Same thing I'm thinking.. how about this.. Proofs are struck twice. First strike has enough High Pressure to maybe cause a slightly raised Finned Rim then the second strike would fold the Finned Rim down onto the field of the Nickel. And that could be what we are seeing?

 

I read somewhere that if the blank is unusually thick, the upsetting mill will sometimes fold the edge over.

 

Paddy, wouldn't a finned rim occur on the outer edge of the rim? If so, shouldn't there be evidence of the fold-over somewhere on the rim itself?

Chris

 

It looks like the upsetting machine may have had too much pressure and rolled the rims too much resulting in a planchet slightly smaller in diameter with higher than normal rims that started to roll in towards the center of the planchet, similar to spooning a coin. The die's being proof dies, I assume have very sharp edges and probably shaved some of the rim on the first strike like a chisel. The shaved metal from the inner part of the rim was then flattened out even more on the second strike resulting in the slightly curved look to the anomaly. Of course this is all just theory.

 

I'm on board with jtlee321 on this one . I have seen this before only on the softer nickel coins, meaning type two nickels I also had a roll of Franklin half's unc. That had the same issue. I would agree this was probably one of the first minted proofs in 42.... in the silver compound used for these nickels. And the upsetting machine was not adjusted to the alloy change.
Thus it was set for pre war nickel alloys when turning up the rim. If you look closely it just about 360 around the coins rim.

 

Now my next question is this.....How can a damaged coin no matter pmd or damaged at the mint in proof state be graded and graded in a high grade of 68?


Can we see the reverse also?

 

If interested there is a very nice raw 1942 type 2 proof Jefferson on the bay right now that is a vary rare variety.
WDDR-003 this variety value is well worth over $300 in Pr-65.
Here's a image of the coin. BTW not my coin I don't sell or buy on ebay.
The coin is listed under $100. So graded be a good flip. A great cherry pick
I say at least an R-4 maybe a 5!

 

It is the edge of the gasket of the slab extending over the rim of the coin.

 

Bingo that's it I knew I've seen this before but couldn't place it.

 

Termites?

 

Did it already sell?

I don't see it but that may just be due to my search terms.

Otherwise, I'll stick with a different one.

 

Here's the other side:

 

I will look probably not as most people don't know about the ddr

No the coin is no longer listed on e bay.

 

Paddy, you mention it was a Type 2 WDDR-003 but the photo's you posted from the auction are a Type 1. Was your post a typo and meant to be Type 1 WDDR-003?

 

No my post is correct what is wrong is the image. I have so many images on my computer of nickels in general. I posted the wrong images . Thanks for the heads up my bad. You are correct the WDDR -003 is a type 2 not 1 . And the images I posted are not of the nickel I coped and saved. Thanks for the catch. no longer listed on e bay. The same seller had several 42 proofs listed maybe they sold maybe he'll re list them.