If a 3.5 percent of a damaged dollar was missing, would the coin be worth 96.5 cents? In case the coin has a clipped planchet error then its value would be much higher, and it would be worth more that a buck.

Two 2007-D Thomas Jefferson dollar coins, which were issued recently, have been certified by the Professional Coin Grading Service. Both Jefferson dollar coins have almost the same location of their 3.5 percent semi-circular planchet

PCGS President, Ron Guth, stated that the two coins were found in a "first day of issue" box, which included a government seal. The box was a part of a bulk submission that was sent in by a person who apparently has chosen to remain

It was a surprise for the graders to find not one, but two Jefferson dollar coins, each coin having curved planchet clips found along the top left edge. One of the coins was graded PCGS MS-66 and the other one - MS-67.

It is worth mentioning that a clipped planchet, which is called incomplete planchet error, might occur at some stages in the minting process when the blank part of the coin (planchet) is not punched out from a strip of metal in a right way.

Depending on the place of the strip, the clip can be whether curved or straight. There are cases when a planchet clip may occur when a struck coin is not correctly ejected from the press.

"The clipped planchet Jefferson dollars certainly are interesting to see. Someone jokingly suggested that because 3.5 percent of each coin is missing they might only be worth 96.5 cents. But we all know that nice error coins are worth considerably more than face value," mentioned Ron Guth.