How bad does cleaning lower value?

Discussion in 'US Coins Forum' started by stainless, Jun 27, 2008.

  1. stainless

    stainless ANTONINIVS

    Ok, so remeber that 1878-S Morgan I bought.

    It could pass as an easy MS. however, it has a lot of cleaning scratches...how bad would this lower tha value..

    for instance, I paid $30 for it, could I at least get that back?

    stainless
     
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  3. rzage

    rzage What Goes Around Comes Around .

    Sorry , probably not . Did you call the seller & ask for a refund .
    rzage
     
  4. rzage

    rzage What Goes Around Comes Around .

    Is that the one with the orange AT , post a picture again .
    rzage:smile:hatch::hammer:
     
  5. eddyk

    eddyk New-mismatist

    Did you clean it?
     
  6. stainless

    stainless ANTONINIVS

  7. stainless

    stainless ANTONINIVS

    no, it came that way

    stainless
     
  8. earlyrarecoins

    earlyrarecoins New Member

    It will depend of course on how badly the coin is cleaned. It will also depend on the rarity of the coin.

    With a common 1878-S , cleaning will have a great effect on value, because original 1878-S Morgans are easy to find.

    But if it were a lightly cleaned 1872-cc seated dime, for example, you would find a light cleaning would not decrease the value as much, in percentage terms.
     
  9. rzage

    rzage What Goes Around Comes Around .

    Stainless when did you buy this one ,
    rzage
     
  10. rzage

    rzage What Goes Around Comes Around .

    You were the only bidder was there a mininum .
    rzage
     
  11. stainless

    stainless ANTONINIVS

    I bought it early last week, The min was the $30 that I paid:mad:

    $30 wasted
     
  12. Mark Feld

    Mark Feld Rare coin dealer

    I think that's far too much of a generalization, even with the examples cited. Among other things, it depends upon the nature and extent of the cleaning. Also, cleaning can certainly negatively impact the value of a rare coin as much as or more than a common one.
     
  13. earlyrarecoins

    earlyrarecoins New Member

    Yes, that is what I implied. How badly the coin has been cleaned is a key factor in determining how much of a discount should be applied.
     
  14. nickelman

    nickelman Coin Hoarder

    Stainless, Ask the seller for a refund. He stated in his auction he has a no questions asked refund policy and refunds postage as well.

    Good Luck!
     
  15. craig a

    craig a Coin Hoarder

    If you can get a refund for it Stainless, then go ahead. But its about $30 in that condition. You can also use it as a guide for future purchases. And always think twice before buying from someone with lower than 99% rating.
     
  16. Magman

    Magman U.S. Money Collector

    I dont know about this.
    With the new feedback it makes it a little strange.
    and if someone, like myself, has 1 negative, out of 122, then I dont see the problem.
     
  17. craig a

    craig a Coin Hoarder

    Yes thats true. You should also put that into account.
     
  18. Harryj

    Harryj Supporter**

  19. 900fine

    900fine doggone it people like me

    Lately, it seems there are many "problem" coins on Teletrade and Heritage which would be very valuable if problem-free. They seem to go for 30-60% less than problem free examples. Early US copper, silver, gold.
     
  20. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    It's tough to tell from the photos, but if you can see scratch marks, it's probably lost half of what you paid.
     
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