[Example] 1960 I'm Having Trouble Identifying

[La_isla]

Appears to be several issues with the coin. I'm having trouble attributing. Any help would be appreciated. Thanks!

1. There is a crack running through the T in States on the reverse (haven't seen this referenced on Variety Vista, Wexler or Coppercoins
2. Lower portions of G O D appeared to be doubled
3. E in WE has some PMD but there is also some doubling at the top
4. Strong doubling in the eyelid
5. There is a spike descending from the 9 in the upper serif of the date (haven't seen this referenced on Variety Vista, Wexler or Coppercoins)

There is also something odd about the shoulder of the device. A clash or strike through?

[willbrooks]

The die is cracked at the T. Very common occurrence.
The other stuff is from MD and die wear.
The thing at the 9 might be another die crack/chip or just something stuck to the coin.
The eyelid is normal
The shoulder looks like a stain. Not certain.

A whole lot of nothing, basically.

[La_isla]

Thanks for the feedback willbanks. It was Very informative.

Also, what does "Very common occurrence" represent? 1 in 100, 1%, 1 in 10000, 1 in 100000, etc.... Since there were 586,405,000 strikes of the 1960 P. Any insight into what your definition of "Very common occurrence" in the 1960 P with a die crack on the reverse and stains and foreign objects stuck to the coin would be more helpful understanding the rarity of the coin.

Thank you for your opinion.

[willbrooks]

Virtually every single die develops cracks at some point.

[La_isla]

Informative, but how many of these Very common cracked die coins are released into circulation? A percentage of the total coins struck with cracks will be helpful.....

[DoubleYou]

I don't think anyone knows that. Maybe 50% of coins have a die crack on them somewhere? It is extremely common and does not command a premium.

[La_isla]

Great to know that half of all coins have a die crack. Thanks