Any defect of a coin which was caused by the planchet being imperfect prior to the coin being struck.

Hi folks. We recently sent out an email announcing a holiday promotion. For those that did not receive the email, please read on. If you'd like to be added to our email list, please go to www.northeastcoin.com/mailinglist.jsp. 

We are pleased to be offering this exciting holiday promotion. Between now and the end of the year, spend $500 or more on an order at Northeastcoin.com and receive a $50 gift certificate to spend on a future order. Spread the holiday cheer and savings by giving this as a gift to your favorite coin collector. (Even if that's you!) Just use the promo code HOLIDAY during the online checkout process. We don't mean to be Grinches, but there are of course some terms, so please read them below.

Whatever holiday you may be celebrating this season, we hope it's a joyful one for you and your family. We also extend our best wishes for a Happy New Year!  

Terms: The promo code HOLIDAY must be used at the time of the order. It may not be used on previously placed orders. HOLIDAY may only be used once and is limited to one per household. The $50 gift certificate promotion ends December 31st.

1849 $5 Mormon Five Dollar. Beginning on September 28, 1848, returning Mexican War veterans began showing up at Salt Lake City with gold they had mined on the American River in California on their journey home. The gold dust was most welcome in the Mormon community, as virtually no hard currency was available in the region at that time. However, problems with inaccurate weighing and loss made gold dust less than ideal as a medium of exchange. A mint was soon established in Salt Lake City, under the authority of the Mormon Church. Dies were forged by blacksmith John Mobourn Kay and the first gold deposit was made on December 10, 1848. By 1849, the Mormon coinage program was in full swing, with coins issued in two and a half, five, ten, and twenty dollar denominations. The coins were readily accepted in the Mormon community, but outside assays found them underweight and of improper fineness, so they were only accepted at a steep discount outside the Salt Lake Valley. All the Mormon issues are scarce-to-rare today.
 

Fasces is a bound bundle of wooden rods, sometimes including an axe with its blade emerging. The fasces had its origin in the Etruscan civilization, and was passed on to ancient Rome, where it symbolized a magistrate's power and jurisdiction. The image has survived in the modern world as a representation of magisterial or collective power. The fasces frequently occurs as a charge in heraldry, it is present on an older design of the United States ten cent coin

The Mercury Dime's reverse depicts a fasces, symbolizing unity and strength, and an olive branch, signifying peace.

From NGC's website: Numismatic Guaranty Corporation (NGC) has adopted a convention for the certification of shipwreck coinage. This is the SHIPWRECK EFFECT designation. Exposure to saltwater has an irreversible effect on the surface condition of immersed coins, and in most cases this prohibits NGC from rendering a precise assessment of a coin’s condition.