Well of course the answer is, "that depends." But in general, does anybody have a ballpark xx% range decrease one might consider as kind of a starting point on coins graded DETAILS? If in fact anybody buys DETAILS coins. I'd like to thin out my collection, and have some DETAILS CLEANED coins, that I would like to price for sale on-line. Nothing special here, mostly 20th Century silver coins that would straight grade in the $50-$200 price guide range. Thanks.
Many people wish they had the answer sir. Problem is, it depends is always the only answer possible. Is it a badly cleaned example of a common coins, or an attractive coin with barely noticable cleaning of a rare date? Those are the extremes, but a cleaned coin can be 20% of straight grade up to maybe 70% depending on circumstances, maybe more. Knowledge is the only way to overcome that, knowledge that I do not have but maybe some dealers here do for you.
It depends on the reason for the details grade, the population of the coin in more desirable grades, world vs. us etc. Only example I have in mind is a 1875-CC trade dollar with a hole (not graded). Cost $50, which is about 2.5x melt. With no hole it's probably at least a $300 coin even in good. But cleaning is less of a flaw than a hole unless it's particularly atrocious.
Dealer Steven Musil specializes in details coins as can be seen in any of his ads in Numismatic News. His ads change from month to month covering different series. If you can gain access to some some of his ads, it could give you an idea where to start. He's been in the game a long time so he has to be doing something right as far as details coins go. I can't post this type of thing w/o violating copyright laws, otherwise I would try to help more.
Thanks for the replies. Appreciate the multiple factors that will influence the decrement. Yup, I'm expecting "DETAILS" causes a deep discount. Will probably go on-line auction starting a little over melt value and see what the market can support. Thanks!
A "details" slabbed coin is not a graded coin...not to/for me, my opinion, etc. I have bought/do buy certain "details" coins if I cannot see/determine the details of the "details" in the photos, and the coin looks otherwise decent and desired, and with a good price of course, which is usually the case. A "Details" slabbed coin of one kind or another ("cleaned," "damage," etc) was and still is for many, the kiss of death to a coin. It depends. I will not accept a details-slabbed coin in return and prefer to have them returned raw...and I note same on every submission. I find I can get better prices here in rural IN at local coin shows for raw v. "details" slabbed. That may not be true elsewhere, in big markets, etc....plus depends on the coin, value, etc. However, I buy details-slabbed on rare occasion as I described, and after further/closer exam on receipt to be sure it's either virtually invisible or so nit-picky as to be totally ridiculous, I crack them out and re-submit them raw for a grade. I've been successful twice out of 4 or 5 re-submissions, once to the same/top TPG that "detailed" it and another time to the competing/second-top TPG. Of the two or three I wasn't successful at, one came back noted as something totally different from the original "details" issue...! I'll stop there.
That right there pretty much covers it. There is no hard-and-fast rule there, because there can't be. Too many variables. Every individual coin is different. You knew this already, of course.
Yep, depends. I see the 20% figure bandied around a lot, but I'm not sure I've ever seen anyone willing to sell a slabbed details coin for 80% less than a problem-free equivalent. My sole data point is a holed, engraved, XF-details trade dollar I got as part of a junk lot. It turned out to be a proof-only issue, mintage 900. I sold it for probably close to 60-70% of what a straight-graded XF would go for. As it happened, I found the ONE collector who was building a set of holed proof Trade Dollars.
Man, talk about a narrow niche! Was it @HoledandCreative, I wonder? Now there’s the emperor of holey coin collectors.
Doesn't look like it, unless he's moved. So, two such collectors -- and you know what THAT means: BIDDING WAR!
If it wasn't for details coins, I wouldn't have some really special key coins - my 1923-S and 1916 SLQ are slabbed and details, among others. I am a collector, not a dealer or investor, I love the history and the story of my coins - plus the discount which is typically 20-40% is huge to me with my budget. PM me if you have any details quarters prior to 1932 that you're considering selling, I might be interested! Here is my 23-S, I think she's a beauty!
