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Morgan Dollar missing ribbon detail - please explain

Started by ehhblack-migration,

5 posts in this topic

ehhblack-migration

ehhblack-migration

Posted
Posted

This is the reverse of a 1878 P rev of 78 in an NGC holder - MS63 that I bought on-line. What caused the ribbon detail to be missing? Did it happen during the minting process or is it damage? Does this affect the coins value? I've been collecting a couple of years and this is the fist time I've seen this. Thanks in advance for any information.

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Hoot

Hoot

Posted
Posted

It's tough to tell, but that looks like an incomplete strike. That could be due to several things, but it's most likely that the planchet was defective before being struck, so metal did not flow properly to the ribbon.

 

I'm sure there will be other opinions.

 

And yes, for a sight-seen transaction, that may cause some loss of value for the coin.

 

Hoot

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reid1836

reid1836

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I`d have to say that this was caused by the minting process. Considering NGC gave it an MS grade. Probably a filled die or extremely weak strike. Which caused the coin to exhibit less detail than normally seen. As to the value, personally I wouldn`t pay as much for it as I would for a well struck piece. It would be less desirable to me than one with a strong strike and greater details. But, beauty is in the eye of the beholder. There are some collectors that might even consider it a more desirable piece because of it`s imperfections. But , I wouldn`t consider that to be the norm. Hope this helps to some extent. Of couse this is only my opinion. Other members of the forum are far better versed in such matters than I am. Perhaps one of them, can shed a better light on the subject than I can.

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EZ_E

EZ_E

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Collectability equates with aesthetics.

 

If it is cool and pleasing to you then chances are it will be to someone else.

 

In 2002, I bought two 2002 silver proof sets. The Roosevelt dime in both sets have the same, identical stike-through error that resembles a fishhook. If this identical strike-through was dangling from his ear for instance, then it would be worth multiples of what is is worth now.

 

So, beauty is in the eye of the beholder.

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