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11-07-2009, 01:21 AM
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#1 (permalink)
| | Junior Member
Join Date: Oct 2009
Posts: 38
My Mood: | Confusion on coin cleaning
I brought some coins in to a rare coin dealer, and he said the Morgans I had were an unnatural luster and had been cleaned with something like baking soda or something.
I was confused. I could read text off the coins from a few inches away. They look like they have good luster. From photos of other Morgans, these seem pretty similar.
What's the deal? Was he trying to get me to sell them cheap or was he serious? I really wouldn't doubt it if they were cleaned, but can I tell somehow??
Thanks guys.
You guys are awesome and I plan on sticking around. Thanks for all your insight.
Last edited by andopcamando; 11-07-2009 at 01:25 AM.
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11-07-2009, 09:57 AM
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#2 (permalink)
| | Rare coin dealer
Join Date: Dec 2007 Location: San Diego
Posts: 1,668
| Quote:
Originally Posted by andopcamando I brought some coins in to a rare coin dealer, and he said the Morgans I had were an unnatural luster and had been cleaned with something like baking soda or something.
I was confused. I could read text off the coins from a few inches away. They look like they have good luster. From photos of other Morgans, these seem pretty similar.
What's the deal? Was he trying to get me to sell them cheap or was he serious? I really wouldn't doubt it if they were cleaned, but can I tell somehow??
Thanks guys.
You guys are awesome and I plan on sticking around. Thanks for all your insight. | It sounds like he was telling you the truth. If you can post images that might help.
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11-07-2009, 10:45 AM
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#3 (permalink)
| | Numismatist
Join Date: Nov 2002 Location: PA
Posts: 23,503
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Sounds like you have the same problem that many do when they start collecting - they don't understand what original mint luster looks like.
Go back to that coin dealer, explain to him your problem. And ask him to show you coins just like yours, side by side with yours, that do have original mint luster. That's the best way to learn.
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knowledge ..... share it
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11-07-2009, 11:19 AM
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#4 (permalink)
| | ANA# R3152287
Join Date: Apr 2008 Location: Illinois
Posts: 1,701
My Mood: |
He could have been telling the truth or he could be lying. Many, many coins have been cleaned in various ways over the years, going back to a time when the practice was not only accepted but encouraged. Cleaned coins used to be more valuable and more attractive to buyers. So there's certainly a lot of them out there. It could have been cleaned 100 years ago or yesterday. The result is the same.
That being said, I've never seen a dealer who when offered a coin for purchase said it wasn't cleaned, unless it was in unopened mint packaging. Anymore, it seems like an automatic response from them because they're the 'supposed expert'. Half the time I think dealers call everything cleaned to try to buy something cheaper (cheaper than they were already going to rip off the seller for) so they can sell it for a larger profit.
Only way to tell is to get educated yourself. Sometimes it's not easy telling what's been cleaned and what hasn't. While some become obvious as you learn. I'd never trust a dealer.
__________________
When the well's dry, we know the worth of water.
- Benjamin Franklin
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11-07-2009, 11:24 AM
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#5 (permalink)
| | The Coin Troll
Join Date: Nov 2004 Location: Dallas
Posts: 2,506
| Quote:
Originally Posted by Vess1 I'd never trust a dealer. | to the detriment of your collection, I'm sure.
__________________
"From time to time the Tree of Liberty must be refreshed with the blood of Patriots and of Tyrants."
-Thomas Jefferson
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11-07-2009, 12:04 PM
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#6 (permalink)
| | ANA# R3152287
Join Date: Apr 2008 Location: Illinois
Posts: 1,701
My Mood: | Quote:
Originally Posted by The_Cave_Troll to the detriment of your collection, I'm sure. | Whatever. You don't know anything about my collection. Or that most of my nicest stuff is slabbed or straight from the mint.
Your comment has nothing to do with trusting a dealer's judgement (when selling to them), on whether something has been cleaned or not. How often will they say anything in their inventory is cleaned so I'm knocking 'X' amount of dollars off the price?
I'm willing to bet that if the average dealer can't tell, the default answer is cleaned. And maybe that just is the default answer period, because the next guy coming through the door doesn't know what the last guy was told. Or the previous 100 people. It's a good premise for lowballing.
There's a lot of liars mixed in with the good. To act like even the majority should be trusted is being disingenuous. Unless you have some personal stake in it yourself. The name of the game is to buy something off an uninformed seller for as cheap as possible. You can't tell me the majority will take the high ground.
__________________
When the well's dry, we know the worth of water.
- Benjamin Franklin
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11-07-2009, 12:09 PM
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#7 (permalink)
| | Rare coin dealer
Join Date: Dec 2007 Location: San Diego
Posts: 1,668
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Originally Posted by Vess1 ... I'd never trust a dealer. | I would and I have, and that was even before I became one. As phrased, your comment is really an extremely unfair indictment of many honest and helpful people. And, while I understand that there are plenty of dishonest coin dealers (just as there are dishonest dealers/people in other fields), I find it to be offensive.
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11-07-2009, 12:14 PM
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#8 (permalink)
| | Rare coin dealer
Join Date: Dec 2007 Location: San Diego
Posts: 1,668
| Quote:
Originally Posted by Vess1 ...
I'm willing to bet that if the average dealer can't tell, the default answer is cleaned. And maybe that just is the default answer period, because the next guy coming through the door doesn't know what the last guy was told. Or the previous 100 people. It's a good premise for lowballing.
There's a lot of liars mixed in with the good. To act like even the majority should be trusted is being disingenuous. Unless you have some personal stake in it yourself. The name of the game is to buy something off an uninformed seller for as cheap as possible. You can't tell me the majority will take the high ground. | Even if all of the above is correct, that's still a far cry from advice that "I'd never trust a dealer". And your comment is about as disingenuous as acting "like even the majority should be trusted", which, by the way, wasn't what the poster was acting like, anyway.
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11-07-2009, 12:14 PM
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#9 (permalink)
| | Defender of Old Coinage
Join Date: Jul 2009 Location: Northern California
Posts: 808
My Mood: | Quote:
Originally Posted by andopcamando From photos of other Morgans, these seem pretty similar.
What's the deal? Was he trying to get me to sell them cheap or was he serious? I really wouldn't doubt it if they were cleaned, but can I tell somehow??
Thanks guys.
You guys are awesome and I plan on sticking around. Thanks for all your insight. | It takes a while to be able to be absolutely certain when you see a coin that has been cleaned. I suggest that you get a friend to post pics on this forum for you if you can't post them yourself, that way you will know with varying viewpoints.
Also if I were you I would go to the same coin store and ask the guy to see a morgan that hasn't been cleaned and if you see a difference then you will know for sure. Once you see the difference, then a light will go on in your head and you become totally aware of something new. |
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11-09-2009, 10:34 PM
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#10 (permalink)
| | Junior Member
Join Date: Oct 2009
Posts: 38
My Mood: |
I saw a bunch of little scratches that may be marks from cleaning. I mean, it'd be pretty coincidental if they all had the same little scratches on 15 Morgans.
I'll get a good camera and post soon. The other pictures I have are horrible.
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11-10-2009, 11:58 AM
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#11 (permalink)
| | Numismatist
Join Date: Nov 2005
Posts: 4,472
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The main problem here is any time you try to sell almost anything that has the potential of haggling or chewing up and/or down the prices, that is what is the norm. When you try to sell a car, house, boat, watch or coins, it is up to you to try for the highes price possible and it's up to the purchaser to try for the lowest price.
With a house for instance, a seller tries to hide all the faults. The purchaser tries to mention all the faults. Both are haggling for the best deals. A coin dealer must do the same. If they say the coin has been cleaned, has a nick, has a scratch, that's thier job. It's up to you to point out the low mintage, high desires of customers to want that coin or whatever you think of.
The dealers are in buisness to make as much money per sale as possible. The purchasers are in a hobby they want to improve for as little as possible. This is just all buisness stratigies and cleaned or not, all's fair in Love and War and Coin Collecting.
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11-10-2009, 12:03 PM
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#12 (permalink)
| | Rare coin dealer
Join Date: Dec 2007 Location: San Diego
Posts: 1,668
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Originally Posted by Just Carl The dealers are in buisness to make as much money per sale as possible. The purchasers are in a hobby they want to improve for as little as possible. | That comment is unfair, both to many dealers and collectors. I know a number of each that it definitely doesn't apply to.
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11-11-2009, 12:01 AM
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#13 (permalink)
| | Coin Collector
Join Date: Dec 2007
Posts: 1,382
| Quote:
Originally Posted by andopcamando I brought some coins in to a rare coin dealer, and he said the Morgans I had were an unnatural luster and had been cleaned with something like baking soda or something.
I was confused. I could read text off the coins from a few inches away. They look like they have good luster. From photos of other Morgans, these seem pretty similar.
What's the deal? Was he trying to get me to sell them cheap or was he serious? I really wouldn't doubt it if they were cleaned, but can I tell somehow??
Thanks guys.
You guys are awesome and I plan on sticking around. Thanks for all your insight. | What a great chance to ask questions and learn.
I have found most dealers love to teach and that helps build trust.
Dealer that take the time to help, win customers.
__________________
Larry
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11-11-2009, 12:39 AM
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#14 (permalink)
| | ANA# R3152287
Join Date: Apr 2008 Location: Illinois
Posts: 1,701
My Mood: | Quote:
Originally Posted by ldhair Dealer that take the time to help, win customers. | And I find it interesting that the OP left the store confused and had to come here to ask how the dealer could tell.
The dealer must not have had time.
__________________
When the well's dry, we know the worth of water.
- Benjamin Franklin
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11-11-2009, 01:03 AM
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#15 (permalink)
| | For A Few Dollars More..
Join Date: Mar 2009 Location: Once Upon A Time in the West
Posts: 383
My Mood: | Quote:
Originally Posted by andopcamando I saw a bunch of little scratches that may be marks from cleaning. I mean, it'd be pretty coincidental if they all had the same little scratches on 15 Morgans.
I'll get a good camera and post soon. The other pictures I have are horrible. | In the collection I inherited initially i got excited when I saw all of the bright & shiny Morgans. As I learned more, bright & shiny was not always a good thing when looked at under the magnifying glass.
Those little scratches could be due to the circular action of a cloth and/or the substance used for cleaning. Generally, in a mint luster coin, you won't see those scratches. Like several of the previous replies, you'll have to look at some
mint luster coins to learn differences between cleaned and uncleaned coins.
__________________ Learn how to handle hot things. Keep your knives sharp. And above all, have a good time-Julia Child |
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