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Lincoln cent clips are a hidden gem for collectors—these fascinating error coins can still be found in circulation or acquired at reasonable prices. These minting mistakes occur when blank planchets are improperly punched from metal strips, resulting in coins with distinctive missing portions along their edges. If you’re looking to add these to your collection, having a strategy is essential to secure the best deal.
Understanding Lincoln Cent Clip Varieties
Before diving into purchasing strategies, it’s crucial to understand the three main types of clips found on Lincoln cents:
Curved Clips
Curved clips are the most common variety and occur when the planchet is punched from the edge of the metal strip. The resulting missing portion has a smooth, curved edge that follows the natural curvature of the strip. These are typically easier to find and generally command lower prices in the marketplace, making them a great starting point for new collectors.
Ragged Clips
Ragged clips, also known as ragged notches or irregular clips, occur when the planchet is punched from an area where the metal strip has been previously cut or damaged. The edge appears irregular and jagged, making these varieties visually distinctive and more challenging to locate. Their unique appearance often appeals to advanced collectors seeking rare varieties.
Straight Clips
Straight clips happen when the planchet is punched from the side of the metal strip, creating a flat, straight edge where material is missing. These can sometimes show distinctive striations in the metal that indicate the direction of the rolling process, adding to their collectibility and numismatic value.
The Blakesley Effect: Your Authentication Key
One of the most important features to examine when purchasing clip coins is the Blakesley effect. This phenomenon occurs opposite the clip location and manifests as a slight thickening and flattening of the rim. The effect is caused by the incomplete metal flow during the striking process when part of the planchet is missing.
According to experienced collectors in the forum discussion, the Blakesley effect is particularly evident on quality examples. This feature serves as a crucial authentication tool, helping distinguish genuine mint errors from post-mint damage. When examining potential purchases, always verify the presence and quality of the Blakesley effect—it’s essential for confirming authenticity and determining true value.
Market Analysis: Rarity vs. Value
The forum discussion reveals interesting insights about the relative scarcity and market values of different clip types. While ragged clips are acknowledged as significantly scarcer than curved clips, their price premium isn’t always proportional to their rarity.
Recent market observations suggest that ragged clips have been commanding prices in the $15-20 range for dates like 1968, while more common curved clips from dates like 1965 typically sell for $3-5. This represents a notable price differential that savvy collectors should understand. When evaluating potential purchases, consider both the rarity and the eye appeal of the coin in mint condition.
Where to Buy Lincoln Cent Clips
Local Coin Shops
Local coin shops represent excellent hunting grounds for clip coins, particularly if you’re willing to sort through
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