Affluent Savvy
Affluent Savvy
Photo: Ketut Subiyanto
In the case of coins, the metal planchet has a rounded shape and raised rim. (Before the rim is raised, the metal disc is usually referred to as a “blank”.) Planchets are struck and pressed at US Mints, creating the final coin image.
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Read More »A coin planchet is a metal, rounded disk containing the blended alloys that makeup a coin. When I think of a planchet, I’m reminded of medieval movies where a smith pulls a long piece of metal from a fiery pit and then pounds away on it, forming a sword. Prior to the final strikings, the raw metal is somewhat similar to a coin planchet – it has the proper metallic content and general shape but it’s clearly just a piece of unfinished metal. In the case of coins, the metal planchet has a rounded shape and raised rim. (Before the rim is raised, the metal disc is usually referred to as a “blank”.) Planchets are struck and pressed at US Mints, creating the final coin image. If a coin planchet is just a piece of unfinished metal, how can it be worth anything? Certainly there’s inherent value to the metal itself. Generally speaking, however, unless it’s a larger planchet containing a high percentage of platinum, gold or silver, very little value will be due to its content. Instead, the value comes from the fact that the coin planchet was involved in the US Minting process. More notably, the planchet was an ERROR that escaped US Mint quality assurance eyes and made it to public circulation. There’s an attraction with many coin collectors for this type of historical error or uniqueness. What are coin planchet errors worth? Coin planchet errors can vary greatly in price. Much depends on the type, its date, error type, uniqueness, and, perhaps most importantly, its rarity. Some popular planchet error types include:
Adjective. Characterized by economy, frugality, or good management of finances or resources. thrifty. miserly. frugal.
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Learn More »The easiest way to spot a fake clip is by seeing if it has the Blakesley effect. The opposite side of the clip will have a weak smoothed out rim, on the reverse and obverse. Also design elements bordering the clip often show smearing or stretching.
The easiest way to spot a fake clip is by seeing if it has the Blakesley effect. The opposite side of the clip will have a weak smoothed out rim, on the reverse and obverse. Also d esign elements bordering the clip often show smearing or stretching. We use cookies to provide users the best experience on our website. If you continue without changing your cookie settings, we'll assume that you agree to receive all cookies on money.org. You may disable cookies at any time using your internet browser configuration. By continuing to use this website, you agree to our privacy policy and terms of use. To learn more about how we use cookies and to review our privacy policy, click here.
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