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Wire Edge on $50 Gold Bufallo

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I cannot remember what site I saw a reference to ( Wire Edges/Rims) that are being found on the $50 Gold Buffalo coin. I was Christo_pull_hair.gif the proud owner of a NGC MS70 buffalo that I was so proud to own. After reading of the wire edges that are being found I decided to take a close look at my coin. I was horrified to see on my perfect coin a wire edge that was pressed up against the NGC slab holder mad.gif. It is very sharp and curled up wire edge between the 4:00 and 6:00 position on the obverse side. The coin is struck in the perfect center of the planchet so I am at a loss as to why this wire edge is present confused.gif?

I wonder if the coin I am so proud of is not really a MS70 due to this and that the coin is not a true perfect coin? 893scratchchin-thumb.gif

 

Any thoughts folks? confused-smiley-013.gif

 

Thanks

 

GF

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The fin you describe is a production defect caused by a mismatch between die, edge collar and planchet. It is particularly bad on gold coins or tokens because it can abrade easily, thus reducing the weight of the piece. It also is ugly. A fin is not an indicator that the piece was struck with greater than normal pressure.

 

See “Renaissance of American Coinage 1905-1908” for more information on this as it relates to the Saint-Gaudens coin designs.

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