Broadstruck

Broadstruck - A broadstruck error occurs when a coin is struck without the collar to form the rim and edge that is part of the shape of the coin. Coins can be broadstruck on either Type One or Type Two planchets. When a coin is broadstruck the blank being fed into the collar will spread and distort outward as it is being struck because the collar isn't in the correct position to retain it.
1878-S $1 Morgan Dollar--Uncentered Broadstrike--MS62 PCGS. Sold for $977.50. Struck without a collar die, this moderately prooflike piece has a needle-sharp strike in the centers, while peripheral elements demonstrate expected metal flow to the rims. The obverse rim is widest at 5:30. Toned in medium mauve and gold colors, the preservation is impressive for the grade. Significant mint errors on Uncirculated Morgan dollars are both rare and desirable.(: P2, N69) (#7082)