You are watching: How much is a blank penny worth
When ns think that a planchet, I’m reminded of middle ages movies whereby a smith pulls a long piece of steel from a fiery pit and then pounds far on it, developing a sword. Prior to the final strikings, the raw metal is somewhat comparable to a coin planchet – it has actually the proper metallic content and also general shape but it’s plainly just a piece of loose metal.
In the instance of coins, the steel planchet has a rounded shape and raised rim. (Before the rim is raised, the steel disc is usually referred to as a “blank”.) Planchets room struck and also pressed at us Mints, developing the final coin image.
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If a coin planchet is simply a item of loose metal, how have the right to it be precious anything? Certainly there’s inherent value to the steel itself. Usually speaking, however, unless it’s a bigger planchet comprise a high percent of platinum, yellow or silver, very small value will certainly be due to its content. Instead, the value comes from the reality that the coin planchet was connected in the us Minting process.
What space coin planchet errors worth? Coin planchet errors can vary considerably in price. Much depends ~ above the type, the date, error type, uniqueness, and, perhaps most importantly, that is rarity. Some renowned planchet error species include:A completely blank planchetAn off centered striking – the coin push hits the planchet partially causing, friend guessed it, an off centered coin imageDoubler to mark – the coin planchet is struck at the very least twice leading to overlapping coin imagesClipped planchets – there was an error in the initial planchet getting cut to its correct size yet it quiet went v the pressing processMisdirected planchets – a planchet intended for one “press” gets right into the dorn one (i.e. A dime planchet it s okay struck through a penny die)
Many coin dealers sell error coins. The assorted coin grading companies additionally classify them. If you take place to find an error coin or planchet in your pocket change, don’t litter it away. Legit coin errors can be marketed for optimal dollar. As of this writing, the picture of the NGC Certified 10c Planchet Error was offered for nearly $50. Part coin errors are offered for tens of thousands of dollars!