1921 Morgan Silver Dollar 1. Cleaning the coin devalues it, correct? 2. Does the gold toning increase the value? 3. Overall value? Thanks
True, generally speaking. But that is for improper cleaning. Dealers regularily clean coins and there are services that offer restoration cleaning. Improper cleaning devalues coins, that's why it's recommended not to.
And if you clean it (even harshly), it's still worth $20 to $23. If someone tells me not to clean a coin, I go ahead and do it, just to tick them off.
The ones that do, don't talk about it either because they're trying to pass off cleaned coins as non-cleaned coins to make a few extra bucks. The majority don't though, the shady ones who don't care about the hobby and only care about making more money are the ones you'll find cleaning coins.
You would be surprised. It also depends on what you call cleaning, whether it is dipping, scrubbing, whizzing, ammonia, etc.
As for the coin mentioned, today melt is $22.75 and morgans generally carry a $1-3 premium over melt.
A couple things here, I cannot see how cleaning this coin will "DEVALUE IT A LOT" The coin is worth melt now and it will be worth melt after a cleaning. With that said, for THIS particular coin, I do not think it would be a good idea to clean it. The coin is AU with a lot of sins on it. IMO, a cleaning would make the coin look worse, but it would not hurt the value. Other coins are a different story. A coin with great surfaces, but Butt ugly toning can benefit from a PROPER cleaning. It will not only make the coin look better, but can get as much as two full points from a TPG. This of course would increase the value considerably. With other coins, a cleaning of any kind, would most likely hurt the value It all depends on the coin, if the best method of cleaning was chosen, and if that method was executed properly
I have one 1921 Morgan Silver Dollar and it has a San Francisco mint mark, how much does that change its value
