How much do nice coins with problems turn you off?

Like I said earlier in this thread...I like this coin and I would be very happy to own it.

My biggest issue with coins like this is the resale. Yes, this is a wonderful piece...but if it's in a "details" slab...buyers often will walk away without even a second look. Even though it looks nice and the damage is forgivable...it sorta becomes a Leper once slabbed. That is my only concern with pieces like this...if I bought it and down the road looked to upgrade or wanted to sell it, it might prove difficult even with nice eye appeal.

 

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The OP's coin doesn't turn me off one bit--it is still very nice looking, and is very collectible to me. I would say that the degree of severity of the damage,and the overall appearance is the deciding factor for me. If one has no intention of having the particular coin slabbed or resold, then it isn't an issue as long as the collector knows that the coin is devalued. If one still likes it, then, there's no problem in owning it.

 

I would own this coin. I really do not see what people are calling "problems" as real problems personally. The coin was used for crying out loud and in such use acquired some scars along the way. In today's coin market people have in my opinion become too nit picky for coins of this period in our country's history.

 

Those aren't problems, Matt, those are stories. I'd rather have a coin with a past than a coin thats sat in a drawer for 200 years.

 

There are no bad coins, just bad prices.

 

I find your "problem" coin very attractive.

I've been pleased that some TPG will "detail"coins that others will grade.

I have found many coins that were understated for their condition, and buyers avoid because they had been cleaned in the past, in a "details" holder.

I've many TPG certified problem coins that are beautiful in my eyes, and could easily receive a grade by another.

JMHO

 

Like we take our wives (or husbands).... for better or for worse. We could only wish we all looked that good at over 200 years old. I agree with other posts. If it was harshly cleaned or holed thats one thing otherwise it's a Gorgeous coin!!

 

Each coin is unique. The one in the OP is very attractive from the standpoint of originality, even the digs are old and toned over and don't detract that much. It has nice details and that cool overdate. At the right price it could be a very attractive addition to a budget minded type set for instance. It's funny that the coin posted is a "problem" draped bust quarter as I have one too:



It's in an old ANACS small holder. Just under the tip of the right (facing) wing of the eagle are some toned over scratches, maybe a "w". My photos are a bit darker than the coin itself but not much. The price was ok and I really like the look.

 

My only details coin. I just liked the look , minus the scratches

 

Nice dollar, Vic. Can you post your pics to the Seated Dollar thread also? We need a 60-O on there! thanks.

 

Your 6/5 quarter doesn't bother me in the least Matt. A beautiful old classic coin that I'd be proud to own.
Generally, problem coins don't bother me a lot. After all, among the hundreds of counterstamped coins I have all are considered "problem coins" ... by others but not me. I love them all!

Bruce

 

I think I could live with the second one easier than the first. I know this on my upgrades on my large cents I am staying away from any coin I perceive to have an issue.

 

I could live with that one, but a harshly cleaned or polished coin will not get into my collection unless it was a very old cleaning that has since become more natural looking.

 

It depends on the severity of the problems. Generally I like coins that grade, not ones marked ______ details. Details graded coins generally are ones that lack desirability since they are not considered normal and sound assets, it's like they're crippled from unusual circumstances.

 

Both the op coin and ksparrows and Vic's are beautiful coins I'd be happy to own would I prefer a problem free example yes. Would I turn any if the 3 down if the price was right no. All are attractive examples

 

I don't mind "problem" coins as long as they look good. I collect for fun, not for profit, and if a coin looks nice to my untrained eye, I don't let it bother me if it's been cleaned.