My PCGS Report Magazine Subscription Saga: Lessons Learned
July 1, 2025Why It Was Finally Time to Quit Teaching After 30+ Years and Dive Deep into Coin Collecting
July 1, 2025I’ve always been drawn to oddball coins, and this quarter with missing reeds—collectors often mistakenly call them “threads”—really grabbed my attention. At 5.42 grams, it felt suspiciously light, but digging deeper showed it wasn’t the mint error some dreamed of. Instead, it was textbook post-mint damage, reminding me how easily alterations can fool us in this hobby.
Understanding Reeding and Common Misconceptions
Let’s talk about those ridges on coin edges—they’re reeds, formed by the collar during striking. I hear folks call them “threads,” but that misses the mark. The minting collar doesn’t randomly “jump track” or forget to add reeds halfway through. It’s a precise tool, so when you see a smooth edge like this, it’s almost certainly caused by human tinkering after the coin left Philadelphia or Denver.
Identifying Damage vs. Mint Errors
After handling coins like this for years, I’ve learned missing reeds almost never come from the mint. With this quarter, the polished-down sides and filled-in gaps scream “vise job” or grinding. Here’s what tipped me off:
- Weight tells the story: 5.42 grams is a full 0.25g under the standard weight—metal’s clearly missing.
- Surface clues: Scuffs on the rims and fields you’d never see on genuine errors like collar clashes.
- Edge inconsistencies: No reeds whatsoever? That just doesn’t happen during minting.
Grading services like PCGS or NGC hammer coins like this—they’ll grade it “damaged” and value plummets.
Practical Advice for Coin Collectors
This experience sharpened my eye for spotting fakes. Here’s how I check suspicious coins now:
- Rotate the coin under bright light with a loupe—look for uneven surfaces or tool marks.
- Break out your scale immediately; weight discrepancies rarely lie.
- Remember true errors like clipped planchets are unicorns, while damage is everywhere.
- Skip altered coins at shows—they carry zero premium. Save your cash for slabbed errors.
What This Quarter Taught Me
That “no threads” quarter was my wake-up call to question everything. Weight matters immensely in precious metals, and PMD trips up veterans too. The real joy in numismatics? Learning from these moments. When you find something weird, snap photos, take notes, and keep your excitement in check until you’ve done your homework!