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<p>[QUOTE="19Lyds, post: 1015360, member: 15929"]<img src="http://i164.photobucket.com/albums/u8/lcl1119/Misc/emoticons/smack.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p> </p><p>I'm thinking a book on "How coins are Made" might be in order here. <img src="http://i164.photobucket.com/albums/u8/lcl1119/Misc/emoticons/funny.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p> </p><p><b>Textured Edge</b> = Reeding. Reeding is created when the coin is minted (the third die) Coins which do not received the "third die" impression are called Broad Strikes and are <b><i>LARGER</i></b> in diameter than coins which <b><i>DO</i></b> recieve the "reeding".</p><p> </p><p><b>Minting process which creates the rim on a planchet</b> = Upsetting Mill. Blanks which bypass the Upsetting Mill are <b><i>LARGER</i></b> than planchets which do not.</p><p> </p><p>Coins which are <b><i>SMALLER</i></b> in diameter, have smooth edges, and high rims = <b>PMD</b> (Post Mint Damage) and carry no premium at all unless you can find a <b><i>sucker</i></b> who believes everything you say and is willing to pay that premium. The source of the PMD is unimportant.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1015360, member: 15929"][IMG]http://i164.photobucket.com/albums/u8/lcl1119/Misc/emoticons/smack.gif[/IMG] I'm thinking a book on "How coins are Made" might be in order here. [IMG]http://i164.photobucket.com/albums/u8/lcl1119/Misc/emoticons/funny.gif[/IMG] [B]Textured Edge[/B] = Reeding. Reeding is created when the coin is minted (the third die) Coins which do not received the "third die" impression are called Broad Strikes and are [B][I]LARGER[/I][/B] in diameter than coins which [B][I]DO[/I][/B] recieve the "reeding". [B]Minting process which creates the rim on a planchet[/B] = Upsetting Mill. Blanks which bypass the Upsetting Mill are [B][I]LARGER[/I][/B] than planchets which do not. Coins which are [B][I]SMALLER[/I][/B] in diameter, have smooth edges, and high rims = [B]PMD[/B] (Post Mint Damage) and carry no premium at all unless you can find a [B][I]sucker[/I][/B] who believes everything you say and is willing to pay that premium. The source of the PMD is unimportant.[/QUOTE]
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