Blank penny coins are very common since the United States Mint distributes them at no charge to Boy Scouts and Girl Scouts who earn the Coin Collecting Merit Badge. These normally come in a two-coin credit card box. One side of the package contains a mint that has been struck, while the other side contains the blank coin. Since hundreds of thousands of these have been distributed, their prize is very low .
Reading: How Much Is My Blank Coin Worth?
The Cause of Blank Coins
If your blank coin has a reeded boundary on it, you ‘re dealing with something wholly different. Most likely, person ground off the obverse and rearward from the mint, or filed off the devices and polished the airfoil, because of the way the U.S. Mint makes coins, it is impossible for a planchet to be blank and silent have reeded edges since the reeded edges are created at the lapp clamant the coin is struck .
however, coins with the knowing edge such as the Presidential dollars or the native american english dollars have the boundary lettering applied at the mint in a separate process. Therefore it is possible for a blank mint to avoid the strike process in the coin press and hush have the edge lettering applied to it .
In early words, there is a round patch of metallic inside the coining weight-lift with the hole machined into the center which is the demand size of the mint. For plain edge coins, the whole is smooth. For reeded edge coins, the whole has the vertical grooves machined into it which will impart the reeding on the mint when it is struck .
however, Presidential and native american dollar coins have a lettered edge. The letter on the edge of these coins is added to the coin in a separate process after the coin is struck. There have been several blank Presidential and native american Dollar coins that were never struck but have a letter to the boundary. They are worth up to $ 100 a part because they are identical rare. once again, beware of coins that have been altered by an unscrupulous person grinding off the details on the obverse and revoke side of the coin .
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about Blank Coins
Some known coin striking issues can result in an about blank planchet with reeded edges. If you see a faint, but the very bleary or watery stamp on the planchet, it might be a die allowance strike, which is worth $ 20 to $ 40 depending on the type of mint and depth of affect. Before a mint press is put into full operations, a mechanic at the mint must adjust the press to strike the mint by rights. A few test strikes are done to see if the coin dies are excessively army for the liberation of rwanda apart. If they are, it leaves a faint image of the coin on the blank .
Another possibility for about blank coins is a strike-through mistake, where something got in between the dies and the planchet surface, such as fabric or grease, when the coin was struck thereby obscuring or obliterating the devices ( or parts of them. ) The prize of these varies based on the degree of obstacle and eye appeal and can run from $ 2 to $ 40 depending on what it was struck through .
blank Coins With No Rims
If your blank coin does n’t flush have the resurrect rim so far, it ‘s technically a coin space. If it is made of silver, it is about impossible to authenticate, but if it ‘s clothe, an expert on mistake coins could authenticate it, in which case ( if authentic ) it ‘s worth possibly $ 50 or more. Keep in mind that a genuine mint blank will have a harsh, possibly sharply edge, and the blank may be bawdy or farinaceous looking, depending on what part of the coin space processing phase it was in when it left the batch. Beware of nice, bright looking coin blanks with no upraised rim and a legato boundary. These normally merely counterfeit blanks made to deceive vending machines .
Get Expert Advice About Your Blank Coin
In all matters of this classify, it ‘s best to get your blank coin looked at by an expert. You can find a local PNG Coin Dealer, or send the specimen to a specialist in minting errors for an opinion. As a third base choice, if you can post a photograph in a coin collecting forum and describe it very carefully there, and possibly we can provide some extra data .
ultimately, before you send your blank coin to third-party rate military service, make sure it will be worth the charge that you will pay. It will cost you approximately $ 15 to $ 20 to have your coin authenticated and encapsulated at a rate military service. A blank penny is entirely deserving $ 2 to $ 3 and will not be cost-efficient have it authenticated. On the other hand, an Eisenhower dollar will be well worth the cost of authentication .
Edited by : James Bucki