Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Errors and Varieties => Topic started by: trout on August 09, 2015, 05:49:51 AM

Title: 1925 penny, clip
Post by: trout on August 09, 2015, 05:49:51 AM
This is pretty cool :)

(http://www.australian-coins.net/gallery/albums/userpics/10019/clipped-planchet-error-australian-1925-penny.jpg)
(http://www.australian-coins.net/gallery/albums/userpics/10019/clipped-planchet-error-australian-1925-penny5B15D.jpg)
Title: RE: 1925 penny, clip
Post by: oh my florin on August 09, 2015, 10:38:55 AM
First thing I thought was it doesn't look like a clip? Guessing pinched planchet or some other mint anomaly. Especially with the I distinct strike exactly opposite on the rims.
Title: RE: 1925 penny, clip
Post by: robbiegal on August 09, 2015, 10:57:13 AM
'Q' variety , nice VF with a little bit of + (solid VF)
end of bar error - the planchet is punched near the end of the coining sheet roll and sits close to or on  the edge that is not as thick as the rest of the bar
Title: RE: 1925 penny, clip
Post by: ausjack on August 09, 2015, 12:57:32 PM
for a silver collector you sure are coming up with some nice coppers mate, well done :good:
Title: RE: 1925 penny, clip
Post by: trout on August 09, 2015, 03:02:43 PM
This coin came from an impeccable source , So yes it is a genuine clip :dance2::)
Hopefully PCGS will attribute it as such when I send it away, I may even specify it as the "Q" type as well  :ok:
Title: RE: 1925 penny, clip
Post by: ausjack on August 09, 2015, 04:09:30 PM
I hope it gets AU50/55 for you but be interesting to see what it comes back as :)
Title: RE: 1925 penny, clip
Post by: trout on August 09, 2015, 04:13:17 PM
Quote from: 'ausjack' pid='77400' dateline='1439102370'I hope it gets AU50/55 for you but be interesting to see what it comes back as :)

I think it will get a VF35 as a grade and hopefully they will attribute it as a "Q" type Clipped :ok:
Title: RE: 1925 penny, clip
Post by: ausjack on August 09, 2015, 04:16:33 PM
Yeah I think I was being a bit optimistic :blush2:
Title: RE: 1925 penny, clip
Post by: trout on August 09, 2015, 04:20:36 PM
Quote from: 'ausjack' pid='77406' dateline='1439102793'Yeah I think I was being a bit optimistic :blush2:

ALL is Good Mate , Hoping for a grade and being accurate are two totally different things :angel:
Title: RE: 1925 penny, clip
Post by: robbiegal on August 09, 2015, 05:27:44 PM
I wouldn't put that coin into a slab
it has little snippets of corrosion that will require attention over the next few years
Title: RE: 1925 penny, clip
Post by: trout on August 10, 2015, 05:52:35 AM
Quote from: 'robbiegal' pid='77415' dateline='1439107064'I wouldn't put that coin into a slab
it has little snippets of corrosion that will require attention over the next few years

I would think the new air tight slabs will stop any further corrosion :good:
Title: RE: 1925 penny, clip
Post by: markn on August 10, 2015, 08:52:38 AM
Quote from: 'ausjack' pid='77400' dateline='1439102370'I hope it gets AU50/55 for you but be interesting to see what it comes back as :)

I think you are right on the money with your grading AJ.  It's VF to gVF which in the PCGS world is usually about AU50/AU53.
Title: RE: 1925 penny, clip
Post by: markn on August 10, 2015, 08:53:12 AM
Quote from: 'trout' pid='77394' dateline='1439098363'This coin came from an impeccable source , So yes it is a genuine clip :dance2::)
Hopefully PCGS will attribute it as such when I send it away, I may even specify it as the "Q" type as well  :ok:

I would need to go as an error submission.  If you sent it as a normal submission they'd no grade it.
Title: RE: 1925 penny, clip
Post by: markn on August 10, 2015, 08:53:55 AM
Quote from: 'oh my florin' pid='77364' dateline='1439082535'First thing I thought was it doesn't look like a clip? Guessing pinched planchet or some other mint anomaly. Especially with the I distinct strike exactly opposite on the rims.

Definitely a clipped planchet.  RG probably right about end of bar too.
Title: RE: 1925 penny, clip
Post by: trout on August 10, 2015, 09:07:21 AM
QuoteI would need to go as an error submission. If you sent it as a normal submission they'd no grade it.
Would I have to send the coin on its own as an error submission or can I tag it along with a normal world economy submission ?
I got my broken "N" coins attributed by putting the description on the submission page and I am wondering if I could do the same with the clipped coin.
Title: RE: 1925 penny, clip
Post by: stevo1962 on August 10, 2015, 09:31:52 AM
It would be lucky to make AU50 as they harshly grade the 1925 pennies in my experience as I
think they were with this one which is a broken N as well

   http://www.pcgs.com/cert/%2028686924
Title: RE: 1925 penny, clip
Post by: trout on August 10, 2015, 09:42:52 AM
Quote from: 'stevo1962' pid='77458' dateline='1439164912'It would be lucky to make AU50 as they harshly grade the 1925 pennies in my experience as I
think they were with this one which is a broken N as well

   http://www.pcgs.com/cert/%2028686924

You have the new "trueview" images so this is a recent submission.
Did you specify that this was a broken "N" on your submission Steve?
Title: RE: 1925 penny, clip
Post by: stevo1962 on August 10, 2015, 09:52:37 AM
Quote from: 'trout' pid='77459' dateline='1439165572'
Quote from: 'stevo1962' pid='77458' dateline='1439164912'It would be lucky to make AU50 as they harshly grade the 1925 pennies in my experience as I
think they were with this one which is a broken N as well

   http://www.pcgs.com/cert/%2028686924

You have the new "trueview" images so this is a recent submission.
Did you specify that this was a broken "N" on your submission Steve?

This is one of the first coins I had graded back in January 2014 and didn't even
 know about the Broken N variety
Title: RE: 1925 penny, clip
Post by: robbiegal on August 10, 2015, 05:11:36 PM
very nice one at that Steve

lovely

Quote from: 'trout' pid='77446' dateline='1439151755'
Quote from: 'robbiegal' pid='77415' dateline='1439107064'I wouldn't put that coin into a slab
it has little snippets of corrosion that will require attention over the next few years

I would think the new air tight slabs will stop any further corrosion :good:
just settle the little spots of verdigris before you send it and it might be ok for a few more years then
Title: RE: 1925 penny, clip
Post by: markn on August 10, 2015, 05:18:02 PM
Quote from: 'trout' pid='77455' dateline='1439163441'
QuoteI would need to go as an error submission. If you sent it as a normal submission they'd no grade it.
Would I have to send the coin on its own as an error submission or can I tag it along with a normal world economy submission ?
I got my broken "N" coins attributed by putting the description on the submission page and I am wondering if I could do the same with the clipped coin.

Varieties and errors are different.  The broken N is a variety and you can ask for that to be attributed on a normal submission.  Error submissions are completely different, they go on their own form and they are expensive.  If you want the clip attributed then you'd need to send it on an error submission.  As I said I doubt they'd grade it on a normal submission with the clip.
Title: RE: 1925 penny, clip
Post by: markn on August 10, 2015, 05:19:15 PM
Quote from: 'stevo1962' pid='77458' dateline='1439164912'It would be lucky to make AU50 as they harshly grade the 1925 pennies in my experience as I
think they were with this one which is a broken N as well

   http://www.pcgs.com/cert/%2028686924

Steve could be right.  I haven't sent one for a while and the last one I sent was at least the equal of the clipped coin and that graded AU53.  Perhaps they've toughened up on them since then.
Title: RE: 1925 penny, clip
Post by: robbiegal on August 10, 2015, 07:17:46 PM
would it be worth it?
isn't it over $50 for an error designation? - and that might be on top of the pre-decimal grading fee as well??
Title: RE: 1925 penny, clip
Post by: trout on August 10, 2015, 07:48:52 PM
Quote from: 'robbiegal' pid='77474' dateline='1439200066'would it be worth it?
isn't it over $50 for an error designation? - and that might be on top of the pre-decimal grading fee as well??

With such a small mintage I doubt that there would be many clipped coins from this issue, So yes I think the expense is justifiable :ok:
Title: RE: 1925 penny, clip
Post by: Australian coin on August 10, 2015, 08:50:32 PM
hmm so half the value just went on putting it in a slab
Title: RE: 1925 penny, clip
Post by: trout on August 10, 2015, 09:07:55 PM
Quote from: 'Australian coin' pid='77482' dateline='1439205632'hmm so half the value just went on putting it in a slab

It isn't about the money or the slab  AC :ok:
I personally think this coin is unique and it would be nice to have it attributed as such, it's a collector thing :angel:
Title: RE: 1925 penny, clip
Post by: markn on August 11, 2015, 08:16:23 AM
Quote from: 'robbiegal' pid='77474' dateline='1439200066'would it be worth it?
isn't it over $50 for an error designation? - and that might be on top of the pre-decimal grading fee as well??

I wouldn't do it, but trout's motivations are different to mine.
Title: RE: 1925 penny, clip
Post by: trout on August 11, 2015, 08:53:22 AM
QuoteI wouldn't do it, but trout's motivations are different to mine.

If all my numismatic decisions and purchases were financially based I would give the hobby up, It would boor me to tears.
If I am buying a coin with the view to reselling it then yes if the expense is unjustifiable I wont get it graded.
In the case of this particular coin getting it attributed is purely for my own pleasure, I like many other collectors like to have something that none else has.
I doubt that there would be too many 1925 "Q" type ,Clipped penny coins out there :):angel:
Title: RE: 1925 penny, clip
Post by: trout on August 27, 2015, 01:58:15 PM
This coin is now on its way to the US.
I put "Q" type and clipped planchet in the Variety part of the submission form, the same way I sent the broken "N" coins in.
It will be interesting to see if it comes back attributed as such, Or it comes back with a details "Damage" grade :angel:
Title: RE: 1925 penny, clip
Post by: trout on October 23, 2015, 12:53:24 PM
I got the result back for this early this morning .
They didn't give it the "Q" type attribution and they didn't note the "Clip" either.
They just graded it XF40BN, that is 5 points higher than what I thought it would grade at which is nice but I am rather disappointed it didn't get the "Q" type attribution.

I am not that worried the clip didn't get noted but that is "Blindingly" obvious and PCGS must have considered it to be a genuine clip otherwise they would have sent the coin back in a "details" slab :ok:

WOOOHOOOO
It Did get the "Clipped Planchet" designation after all :yahoo:

http://www.pcgs.com/cert/32957497
Title: RE: 1925 penny, clip
Post by: purplepennyhunter on October 29, 2015, 08:10:43 AM
Did you just send the one error coin? I'm scared to ask you how much that cost?

We sent 6 coins in an error submission earlier this year and it ended up costing $106AUD per coin for the grading and shipping.
Title: RE: 1925 penny, clip
Post by: trout on October 29, 2015, 01:25:05 PM
Quote from: 'purplepennyhunter' pid='81160' dateline='1446068443'Did you just send the one error coin? I'm scared to ask you how much that cost?

We sent 6 coins in an error submission earlier this year and it ended up costing $106AUD per coin for the grading and shipping.

No I just noted the clip on the regular submission form
Title: RE: 1925 penny, clip
Post by: nealeffendi on October 29, 2015, 04:26:30 PM
Quote from: 'trout' pid='81169' dateline='1446087305'
Quote from: 'purplepennyhunter' pid='81160' dateline='1446068443'Did you just send the one error coin? I'm scared to ask you how much that cost?

We sent 6 coins in an error submission earlier this year and it ended up costing $106AUD per coin for the grading and shipping.

No I just noted the clip on the regular submission form

Is that normal for PCGS to note clips on regular submissions? I've a few nice clips and double clips (and one triple clip) that I've considered getting slabbed but at about $100 a coin for error submissions it has crimped my passion to get them slabbed. At $30-35 for regular it makes it feasible. Anybody else submitted clips as regular without problems (like bodybagging as incomplete coins) and properly identified as a clip?
BTW why do they call it a 1% clip without specifying it (straight edge, ragged edge etc)? Would they call a double clip as 2% or as 2X1% or whatever?
Title: RE: 1925 penny, clip
Post by: trout on October 30, 2015, 01:42:38 AM
QuoteIs that normal for PCGS to note clips on regular submissions? I've a few nice clips and double clips (and one triple clip) that I've considered getting slabbed but at about $100 a coin for error submissions it has crimped my passion to get them slabbed. At $30-35 for regular it makes it feasible. Anybody else submitted clips as regular without problems (like bodybagging as incomplete coins) and properly identified as a clip?
 BTW why do they call it a 1% clip without specifying it (straight edge, ragged edge etc)? Would they call a double clip as 2% or as 2X1% or whatever?

I am not sure if it a standard practice but PCGS have been rather accommodating lately, Not only did they note the clip on this coin they have also noted my broken "N" coins as well.

As far as the 1% clip goes I imagine that PCGS considered that 1% of the coin is missing due to this clip, If the clip was larger I imagine it would be noted at a higher percentage .
Title: RE: 1925 penny, clip
Post by: drakesterling on October 30, 2015, 08:30:20 AM
Quote from: 'trout' pid='81180' dateline='1446131558'
QuoteIs that normal for PCGS to note clips on regular submissions? I've a few nice clips and double clips (and one triple clip) that I've considered getting slabbed but at about $100 a coin for error submissions it has crimped my passion to get them slabbed. At $30-35 for regular it makes it feasible. Anybody else submitted clips as regular without problems (like bodybagging as incomplete coins) and properly identified as a clip?
 BTW why do they call it a 1% clip without specifying it (straight edge, ragged edge etc)? Would they call a double clip as 2% or as 2X1% or whatever?

I am not sure if it a standard practice but PCGS have been rather accommodating lately, Not only did they note the clip on this coin they have also noted my broken "N" coins as well.

As far as the 1% clip goes I imagine that PCGS considered that 1% of the coin is missing due to this clip, If the clip was larger I imagine it would be noted at a higher percentage .

PCGS has recognised, rightly or wrongly, the broken "N", as a variety, rather than an error, which is why they're on the population report now.

It sounds like you sent the coin back after it first was described as simply XF40 with the error ignored. Under what service level did you send it back? Did you send it back under a "mechanical error" submission to have it fixed up or did you crack it out and send it back under another regular or economy submission?

Eric
Title: RE: 1925 penny, clip
Post by: trout on October 30, 2015, 08:43:28 AM
Quote from: 'drakesterling' pid='81183' dateline='1446156020'
Quote from: 'trout' pid='81180' dateline='1446131558'
QuoteIs that normal for PCGS to note clips on regular submissions? I've a few nice clips and double clips (and one triple clip) that I've considered getting slabbed but at about $100 a coin for error submissions it has crimped my passion to get them slabbed. At $30-35 for regular it makes it feasible. Anybody else submitted clips as regular without problems (like bodybagging as incomplete coins) and properly identified as a clip?
 BTW why do they call it a 1% clip without specifying it (straight edge, ragged edge etc)? Would they call a double clip as 2% or as 2X1% or whatever?

I am not sure if it a standard practice but PCGS have been rather accommodating lately, Not only did they note the clip on this coin they have also noted my broken "N" coins as well.

As far as the 1% clip goes I imagine that PCGS considered that 1% of the coin is missing due to this clip, If the clip was larger I imagine it would be noted at a higher percentage .

PCGS has recognised, rightly or wrongly, the broken "N", as a variety, rather than an error, which is why they're on the population report now.

It sounds like you sent the coin back after it first was described as simply XF40 with the error ignored. Under what service level did you send it back? Did you send it back under a "mechanical error" submission to have it fixed up or did you crack it out and send it back under another regular or economy submission?

Eric

I didn't send it back or crack it out.
It was simply sent with a few other coins in a world economy submission.
I wrote Q type clipped planchet in the veriety colum.