Post a "details" coin that you would still own, even though it is damaged.

Discussion in 'US Coins Forum' started by Morgandude11, Jul 5, 2013.

  1. green18

    green18 Unknown member Sweet on Commemorative Coins

    I got this one for a very reasonable price. Haven't cracked it yet but plan to do so at some point. It will make a very interesting pocket piece.........

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    Morgandude11 likes this.
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  3. treylxapi47

    treylxapi47 Well-Known Member Dealer

    If you dont mind me asking, what did you have to give for that piece? I just bought an MS-61 version and just wondering how much the cleaning potentially effects the price
     
  4. GDJMSP

    GDJMSP Numismatist Moderator


    No matter what his answer is it will not really answer your question. That's partly because every individual person will have a different number they are willing to pay for any problem coin.

    As I said earlier in the thread, prices will vary over a very wide range - they will be anywhere from 20% - 80% of what a problem free example would cost.
     
  5. green18

    green18 Unknown member Sweet on Commemorative Coins

    As I explained to Treylxapi47 (privately) the price that I got the coin for was too good to pass on. I know it will always be a problem coin (I'm not in the habit of buying them) but I've got a soft spot for Stone Mountain commems......especially bargains. In some ways I feel that this harshly cleaned coin is almost akin to a well worn example that I would gladly pick up from a dealer if I felt the price was right.
     
  6. MorganDollarTJ

    MorganDollarTJ Senior Member YN

    Any liberty cap large cent, for its age, it doesn't matter to me if it is damaged :) Pretty much any coin from the 1700s or early 1800s, i figure they are more likely to be damaged because of the age
     
  7. spock1k

    spock1k King of Hearts

    Grandpa so what you are saying since there are no set of rules they are arbitrary so grading is arbitrary too then since problem coins dont get a grade
     
  8. ML94539

    ML94539 Senior Member

    I have a lot of them.
     
  9. ML94539

    ML94539 Senior Member

    Also have 3 1955 doubled die, 1909 s vdb, couple of 1932-d and s quarters, almost all are unc details except for the gobrecht dollar.
     

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  10. 40_mila_kokkina

    40_mila_kokkina Active Member

    DSC08486.JPG DSC08488.JPG DSC08489.JPG DSC08490.JPG DSC08591.JPG DSC08491.JPG

    I was really hoping this was a coin left in its natural state since the toning is exceptionally attractive. I will keep this specimen and only sell it for a fairly handsome price. I submitted it to SEGS and they graded accurately as I see where the hairlines are (where they normally occur from a typical cleaning). I purchased this one originally raw for $149.95 on Ebay. I still like to look at it often given the attractiveness of the toning.
     
    Last edited: Jul 18, 2014
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  11. ksparrow

    ksparrow Coin Hoarder Supporter

    Anacs "edge damage". I think it's attractive.
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  12. 40_mila_kokkina

    40_mila_kokkina Active Member

    It seems these Lafayettes are really popular and have a large following. I have quite a collection of the early commemoratives with multiples of Bay Bridge, San Diego, California Diamond Jubilee, Stone Mountain, Pilgrim Tercentenary, Iowa Centennial but never picked up one of these Lafayettes yet. I have bid for them online and always lose. Between my father and I we collected most of the early commemorative issues, we even have a Hawaiian in PCGS MS-65! I have a rare Isabella Quarter Proof too. I've sold some of my commemorative collection but kept most pieces.
     
    Last edited: Jul 19, 2014
  13. gbroke

    gbroke Naturally Toned

    I bought this lovely lady even though someone autographed it and drew stink lines on the eagle. :)
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  14. benveniste

    benveniste Type Type

    I have somewhere between a dozen and 20 "details" coins. Some were mistakes, some I bought when it was all I could afford, and a couple are apparently as a result of my mishandling when I was younger. This one happened to be handy this morning and doesn't fit into any of those categories:

    SSRepublicObv.jpg SSRepublicRev.jpg
     
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  15. 40_mila_kokkina

    40_mila_kokkina Active Member

    It has a dipped look instead of being cleaned by hand.
     
  16. benveniste

    benveniste Type Type

    Quoting from this article:
    Coins graded with the general “Shipwreck Effect” grade show heavy to severe disturbance from saltwater exposure, with metal loss affecting the design. NGC adds, “While accurate identification and attribution may be possible, it is no longer possible to draw conclusive determinations about the coin’s surface prior to saltwater exposure.”
     
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  17. 40_mila_kokkina

    40_mila_kokkina Active Member

    That was interesting, quite informative, so now I know why coins wind up in those shipwreck labeled holders.
     
  18. GDJMSP

    GDJMSP Numismatist Moderator

    They use several different methods on just about all of the shipwreck coins, including cleaning by hand, dips and soaking in various different chemicals, and finally stabilizing to help prevent any further changes.

    It's just another marketing technique, another way for them to get paid for slabbing problem coins.
     
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  19. Treashunt

    Treashunt The Other Frank

    'Technical' damage, but I'll keep it

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  20. green18

    green18 Unknown member Sweet on Commemorative Coins

    Well, at least it's better than the body bagged ones (the way it used to be). Now you get some plastic for your money.........
     
  21. keemao

    keemao Well-Known Member

    Here is one of mine. Because of the date I am keeping it for now. Alas, I just don't get why they grade some coins like this. Unless you really put it under a light you can't see the scratches. These are not deep gouges either. They show up when I take a real good closeup but not with the naked eye just eyeballing it in the slab. Unless it is a deep gouge I wish they would grade them appropriately and not use the details label. You can see it in the Dino-Lite pictures for sure, but like I said, it's not as easy to see in hand.

    A002 - 20140720_162143.jpg A003 - 20140720_162154.jpg A001 - 20140720_162126.jpg
     
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