hey, sounds dumb but on the back of my morgan dollars they must have been glue tacked into a book and i have the back of cardboard stuck to the back of my morgan dollars, kinda like the sticky stuff (now dried) that you get when u peel a price sticker off something would this affect the scrap value in anyway with this stuff on it? or can i put it in hot water and just try to rub it off w/ a cloth or rag. if im going to sell some things i kind of want them looking nice not black and ugly looking..... if they are only scrap why would it be bad to clean them.. its not like im going to remove any silver contents from the coin correct?? thanks and i love this :hail::hail::hail::hail::hail::hail::hail::hail::hail::hail::hail::hail::hail: cadillacforums.com and lambotalk.com do not have this one.. i need to tell them to get this one.. HAHAH
Heavy dips or using gold and silver jewerly cleaners and polishes will hurt somewhat as they etch some of the surface away and thus silver away. It will throw the weight off some so if you are selling 100's of morgans that little bit can add up. Use acetone to try to remove the glue. As it is scrap and as long as it's sold as such just for the silver value cleaning it is fine. Just make sure there aren't any dbl. dies or rare dates/mint marks errors or variations (VAM's) in there or you may be sorry you did clean them. Cleaning the foreign materials off also helps you get full value as no one pays silver price for cardboard or glue so if they aren't there the coin shop or smelter whoever doesn't have to try to adjust the weight for the other non silver materials. Also anything G-4 or better would not considered scrap by any coin collector so I assume you are talking culls, holed for jewelry, post mint damage, previously cleaned/destroyed coins when you say scrap. It doesn't change the price you will get for it but some dealers save G-4 and up for silver investors, bulk bag buys, junk bins etc. so don't clean that.
ya i dont want to touch my morgans, i will post pics today of them, its just the whole eagle in the back is covered in paper. ik if i cleaned that and then wanted to sell it, that would not be good... would hot water affect any coins that i wanted to sell for value.. all it is, is water in the end right?? for the scrap thanks for the comments. i was not sure if it would effect scrap value.. thanks everybody
Yup, should work. I just rescued a 1971 Ike dollar I broke out of a homemade desktop paper weight thingy in a mould to display on one's desk or something. After cracking the coin out (which resulted in using a hammer carefully), it had some bits and pieces still attached that wouldn't come off. I soaked the coin in pure acetone, after about 6 hours, the plastic glass type mould on some parts of the coin slipped right off pulling out of the acetone. Air dried and it actually ended up being a really nice looking Ike, likely MS quality.
From those pics (which I didn't see after posting my last response), I'd say save yourself the time in cleaning them. Most will buy those with the dirt attached at either melt value or higher, depending on the coin. I like dirty coins, especially the old silver worn looking ones with the grime around the details, it gives some coins character in my opinion.
Scrap or not I'm sure future generations will appreciate them. If you decide to sell, please see to it these coins go to collector's and people who will appreciate them and not some greedy business man who would sell his sister for a dollar and have them liquified for their silver content.
to me its an investment. i am trying to do everything i can to do it right. Am i a coin collector no. that is why i am here asking what should i do.. in the long run. to me all my 65 lbs of silver is basically scrap. i have no key dates. I will sell it all when the price of silver goes up. This is an investment that was handed down to me, i am just trying to do the right thing and see which coins are "of value" and which are basically currently circulated and i can use and cash in. ohh and if silver does surpass gold and say hits around 1000/oz.. u are right i will sell my stock for 3/4 of a million dollars to the right correct person.. hence the reason why i am on here to learn. it is nothing about being unappreciative.
I would try a steam treatment before acetone. Acetone can change the patina of the coins. Agree with the post above, unless it's holed, bent, or badly chopped, almost every coin out there is worth above melt value to someone. So, even if you don't have a key date, it will probably command a slim premium above melt if the coins original surfaces are kept.
Yup, I'd actually be interested in some perhaps. When you do sell, please post on CT before you go elsewhere. That way you know you'll likely be sending these coins to good homes.
