While I hesitate to disagee with our
Forvm owner, especially while he is on vacation, I believe I need to reiterate and clarify my earlier post. The problem here seems to be one of semantics. All struck coins in
mint state show flow lines. They are the result of the surface of the
planchet liquefying under pressure during the strike and then re-solidifying. It realy has little to do with the die itself. It is the light reflecting off this pattern of
microscopic ridges - like waves on the ocean or frost on a window pane - which gives an
uncirculated coin it's characteristic luster. These microscopic flow lines usually require a 10x or greater
glass to discern. They can be very useful in
counterfeit detection since they are difficult to capture in a mold. While flow lines are not individually visible to the unaided eye, the result on a freshly
cast copy of a
mint state host is often a "
soapy" appearance, since the flow lines which gave the host coin it's luster are absent on the
cast copy. However, high-tech modern
fakes can and do fool even the most knowledgeable watchdogs including grading services and
auction houses. This is why an absolute guarantee such as
Forvm gives is
essential.
When the flow of metal begins to erode the die and creates easily visible radiating lines, as Joe referenced, this is a form of "die wear" which should not be confused with "flow lines" in the strict sense.
For collectors of modern coins, flow lines are essential to proper coin grading. If a
coin shows breaks in the pattern of flow lines on the highest points of the design, the coin can not be
Mint State (60+) and can grade no higher than About
Uncirculated 58 on the 70-point Sheldon
scale. Unscrupulous dealers often pass these coins off as "
Unc". In the industry they are known as "sliders" (not to be confused with the tasty little burgers at White Castle).