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Longstrider's Blog

20 May 2020

CRACKED PLANCHET 1923 PEACE DOLLAR VAM 11B ERROR

Coins-United States | Longstrider

I have a new coin I would like to share. It is a 1923 Peace Dollar VAM 11B. Now this isn't a Top 50 or an Elite 30 like I usually try to get. This is a different sort of coin. Besides being a cool VAM, it also has something else going for it. It has a nice, big planchet crack. First I would like to describe the VAM designation.

The 1923 VAM 11B has a couple of very visible tells. In my opinion it should be a Top 50. It was just discovered in 2019 by Raymond M. Roberts. Maybe after it is out a little while it will get its due. My opinion. First off it has a very visible vertical die gouge in and around the "G" in "GOD". This is easy to see with the naked eye while viewing the obverse. The gouge was caused by the feeder fingers of the coin press. The coin planchets are first stacked to be used by the press. The feeder fingers grab the bottom planchet and slide into place for the press to strike it and make it a coin. Finger gouges are caused by feed fingers being improperly aligned or put too much pressure on the planchet when grabbing it. They can also put scratches on the planchet as they scrape it into place.

Another designation point on this VAM is the reverse doubled middle olive leaves. This can be seen as the coin is viewed while tilting it back and forth in the light. Now to the very visible crack in the coin. On the coin's obverse this starts just in front of the "1" in the date "1923". It extended upwards through the "1" for about ¼ inch. On the reverse this break goes through the top bar of the "T" and into and through the "A" in "STATES". From there it starts to curve to the left and towards the "R" of "PLURIBUS"'.

The crack is very apparent when viewing the coin's edge. It travels and bisects two of the reeds of the edge. All of these features can be seen in the photos below. Planchet cracks can be caused by a couple of reasons.

The first reason is the presence of gas bubbles formed from cupric oxide in the original ingot of silver. This has a black appearance on the metal strips and if seen the metal is rejected. If not seen the gas bubbles get squeezed out of the strip when it is rolled, leaving a small cavity. This cavity is likely to break when the coin is struck.

The other reason is improper annealing of the coining metal. This annealing is done to make the silver, in this case, soft enough to be worked and struck into a coin. If it is not annealed correctly the metal will remain brittle and can crack when struck.

I bought this coin raw and sent it into Variety Slabbing Services for attribution. I hope you enjoyed this blog and perhaps learned something. Please feel free to comment.


Sources:

FROM MINE TO MINT--Roger W. Burdette

VAMWORLD 2.0

COINCOMMUNITY.COM

COINWORLD.COM

FORUMS.COLLECTORS.COM

VARIETY SLABBING SERVICE


Comments

Golfer

Level 4

Would this be a unique coin since it's a crack in the blank? How would multiple blanks have the same crack?

Longstrider

Level 6

It's pretty unique. The literature says a lot of the coins made from the same lot of silver mix could also crack. Could is the main word. Also, they have to get by the quality control. Thanks.

Numinerd9

Level 5

It sounds like it may be too new of a VAM to be included in the NGC or PCGS attributable listings just yet, though both of them would probably make note of the flawed planchet if you pay them to do so. For the sake of primarily getting the correct attribution of the variety, ANACS is likely the best one to go with at this time. Unless you plan on selling it anytime soon, it may just be best to wait for a while, to see if it gets included in one of the Top or Hot Peace dollar VAM lists, and then either of the big two TPGs may be best to go with at that time. I just hope that if it gets slabbed, that the planchet crack is still in full view; rather underrated errors imho. -Sam G.

Longstrider

Level 6

Thanks Sam!

Kepi

Level 6

I really like this Vam! There's so much going on with it. Love the giant crack!!! ; ) Thanks for sharing all of these unique coins from your collection!

Numinerd9

Level 5

Nice VAM and cool error, Longstrider! Thanks for sharing these great, high-res pics of another pretty Peace dollar. -Sam Gelberd, ANA Numismatic Educator.

Longstrider

Level 6

Sam, I was going to send it into ANACs. I don't think anyone else will attribute it. BUT, Their slab would cover the crack. Any thoughts??

Thank you so much for writing this. I have never seen a cracked planchet before.

"SUN"

Level 5

Interesting VAM. Nice addition to your collection.

coinsbygary

Level 5

I've never seen a planchet crack before unless the coin is an ancient or an early US copper coin. To have it on a more modern coin is unusual indeed.

Long Beard

Level 4

I've seen many lamination errors but a split planchet is a first for me. Thanks for enlightening me.

Golfer

Level 4

Awesome. I need to look at my peace dollars now. Not a collector of VAM's but might look for them and pick up a top one if not to expensive. Interesting area of collecting.

World_Coin_Nut

Level 5

That's kind of crazy. How did they make it past quality control? I mean, I love stuff like that but you would think the mint employees would notice. Do you have any idea what the population is?

Longstrider

Level 6

Good question. I can't seem to find any. The only census I see is at SSDC, Society of Silver Dollar Collectors, and it shows 1. I guess I have the discovery coin

Mike B

Level 6

Thanks my friend. I now understand about the feeder fingers. I have noticed them before now i know. Like i said we learn from a blog but when you have pictures your mind and the blog. Meet and you have an understanding what your looking for. The crack is bigger than i thought. I think your right this will become a major vam. Now i have many of the years you have in Vams. I just dont no were to look. I have so many 1922's the 1921, 1923 1925. And on. I got to get them out with my loop. Thanks great blog.

Mokester

Level 5

Nice Find Longstrider, can we ask how you cherrry-picked this beauty, was it at your go-to dealer, or ???? Just goes to show there ares till discoveries to be made if you are patient and persistent.

Longstrider

Level 6

I picked it up where I get most all my nice VAMs, from a fellow VAMWorld guy that was selling. Lots of nice deals there. Wait, I mean they are all mean guys. Don't go there. Well, most guys sell Morgans so go there for those.

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