Im in the minority here, I think you improved the coins eye appeal as well as value. Done properly and nothing wrong with it. My humble opinion. VERY nice coin !!!!!
clembo, Why not? Most Coin Dealers dip coins for sheer profit! I recently read the story that I have linked to below. (Please check it out!) What a difference a dipping can make to the value of a coin! http://www.coingrading.com/eyeappeal1.html I am not trying to advocate that dipping is right or whether it should or should not be done! However, there are lots of Silver coins (some of which are very to extremely rare) that are downright ugly and hideous due to the toning and if it were not for their' rarity, even most serious Collectors would pass on them hoping that a better example comes along. I believe that if you have a Gem BU coin that is downright ugly and hideous due to the toning and you have the knowledge, experience and right stuff to dip a coin or can have it dipped by a Professional, then you might want to do so. Considering the condition that the coin is in, you really can't hurt it any worse by dipping it! Frank
I think cleaning coins honestly is a little to hyped up that it is such a bad thing. Granted, some forms of cleaning that damage the coin forever, and just ruin them, I think shouldn't be done. Before you do something like that, you should learn before hand what is right and what isn't. I'm not saying to clean all your coins, but some coins like ones that are corroded, have bad toning, etc, probably should. If done properly. JMO. BTW, very gorgeous half you have there man! :thumb: Phoenix
I dunno. I compare this to plastic surgery, breast implants, face lifting, etc. You have a coin that is 120 years old. I really do not understand why it shouldn't look like it's been around for 120 years!! Seriously, I don't get this MANIA that says that each coin that I own must look like it was never in circulation. I don't get it. Well, I do get it. It's called MONEY. It's sad. But I guess that's my problem. I'll have to live with it. I hear there is a 12-step program that may help me.
Interesting link. Read it. Still can't say I agree with it but see your point. Wanna know what really bothered me about it? He dipped the coin in Jewel luster. I hope the hell he truly did it right on a truly rare coin. Yes, eye appeal is important to the vast majority of people. The "black" Frankins I mentioned way back when are indeed ugly to me. I wouldn't buy them but if someone slabs them they must see something in them that others don't. I guess it's whatever floats your boat. You stated that you don't condone dipping and I'm glad of that. Too many nice coins could be ruined because of that. In my CoinTalk infancy I asked about a cleaner called Blue Ribbon. Yes, I used it and it's not a "silver" dip. It was designed to remove dirt (only) and leave a protective coat. My local dealer has used it for years and had same coins slabbed by PCGS. Apparently some environmental concerns with it's composition so it's hard to find. My point here is that I was not "changing" the appearance of the coin just preserving it. Believe me Blue Ribbon does not really clean a coin or alter appearance. People were ripping me for using it but dipping a coin is okay I guess. Whatever, The coin was hazy and now it looks great but it will never be original again.
You know what, maybe I'll never buy a coinin a PCGS slab again if that is the case. Where do they come up with the idea to do that and how have they avoided a law suit? Ruben
While I am admittedly of limited knowledge, I have never heard of such a thing, and envisioning a gorgeous toned coin (or any coin for that matter) coming back from PCGS all while without prior consent is both distressing and hard to believe. Would you please provide an example?....Mike
Mike, I have heard of this a lot. I don't think they will do it to toned or older coins. It is mostly modern coins such as Proofs with milk spots and haze. I have heard that when a modern like the silver eagles develop spots in the slab and are returned to PCGS under there guarantee they just dip and reslab them for you.
I'm fairly certain that the author of that book (now available for free on the internet) did it right, since he is Jim Halperin. He is a seasoned pro (in the business for about 10 years when he did that dip) and he certainly knew exactly what he was doing and what precautions he needed to take to avoid future damage from his work.
I agree with Clem on this one as well. It's not that you are dipping it so much as you are dipping it to turn it for a quick profit. Whether or not the coin LOOKS better is an eye of the beholder kind of thing. Whether or not a grading service will now slab it (especially a top tier TPG) is a horse of a different color. My guess is that PCGS would probably body bag the coin for the reason that you describe as to why you dipped it... it looks better! A bit too good if you ask me, and I think that they will say the same. Just to emphasize what I am saying, you can clean your coins all you want. I personally think it's unwise, but that's MY opinion, and I tend to keep it to myself. What I have a problem with is dipping a coin in order to quickly sell it and make money. Too many things can happen in just a short time after a coin is dipped, and typically the first thing to happen is that the haze comes back. I have bought dipped proofs in the past and have gotten plenty angry just weeks later, when the coins turned hazy. excuse me for chiming in so late...
This hobby is just so shady sometimes....it keeps things interesting to say the least. It warms my heart that some of you try to encourage fair play. I know it's an uphill battle at times. I, for one, appreciate your efforts.
It may be late to add to this post. But i need to say this! What about the unexpected new people? And what becomes of the the woman that comes in the shop trying to sell her coin and finds out that they are crap? IMP the dealer that dips or cleans a coin and does not slab the cleaned coin by somebody should be hung by the neck until he is dead!!!!! Fraud , thief. Have them slabbed by Anacs!!!!
Wow. That's harsh. I guarantee that many of the coins in your collection were dipped in the past, and you will never know it. This coin had an ugly haze that looked horrible. It has been properly dipped and there will be no adverse effects from said dipping. The coin looks much better than it did, and honestly, I think you are a bit too harsh with your value-judgments of me.
Never too late to jump in Double Strike. Hanged till dead though? We'd lose a lot of dealers I can guarantee that and I'm one of the guys that opposes it. It is a common practice I'm afraid. I know I have many coins that were probably cleaned in the past. I have knowingly bought cleaned coins if I wanted/needed it enough. It's a fact of the hobby but not punishable by death. Some have no problem with some do. It's an opinion thing.
Right off the top of my head I can't Mike. I can say that I have read such reports many times on both the PCGS forum and the NGC forum posted by reliable and trustworthy people. And I do believe that PCGS themselves have admitted this practice in the numismatic press. But don't ask me to tell ya where and when because I can't. It's been too long ago. You could ask Greg, he may be able to site specific examples.
FWIW, I have heard of such a thing done on appearance/spot review (as Ed suggests), but never for a coin sent to them for grading.
I think you are so wrong on this. If the coin is made better without destroying any layers, then I see no problem with this. The key part of this is NO destruction of any of the coin. You are letting some holier-than-thou attitude interfere with logical thinking. To make an ugly coin beautiful without destroying it is a wonderful thing and actually could be good for "The Hobby", regardless whether you think it is not. There is an entire company that has coin restoration as it's main focus. You don't and shouldn't determine what is right for "the hobby". And RESPECT for the hobby, wow, what can I say. So you think this person has no respect for the hobby? Just because they don't have the same views you have? You don't know this person. This person may be very professional at what they do. And Ethical? What does ethics have to do with it? I think it would be unethical to sell a VERY UGLY coin to someone. Profit is going to be a part of the hobby since supply/demand is in the equation. Otherwise you would have to say that every coin dealer who is out for any profit is unethical. That is not so. The profit motive why the prices of some coins are high, supply and demand. We all are in it for some profit one way or another. If not, then be happy with raw, G-4 coins in your books. I never like to get critical of anyone less I show my own shortcomings, but this was a very judgemental post full of near innuendo claims and I just couldn't "ethically" sit by without saying anything.