watch out!!

Discussion in 'US Coins Forum' started by Tallpaul000, Oct 9, 2004.

  1. Tallpaul000

    Tallpaul000 Searcher

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  3. DavidShere

    DavidShere New Member

  4. DavidShere

    DavidShere New Member

  5. satootoko

    satootoko Retired

    Everyone who believes that, PM me immediately so I can sell you a nice bridge connecting a couple of New York boroughs, to pay for my upcoming trip. :D
     
  6. DavidShere

    DavidShere New Member

    So you do think his coins have been cleaned? You think they have streaks? Why?
     
  7. satootoko

    satootoko Retired

    Look at the pictures, especially Liberty's cheek and the reverse fields. Neither cameras nor scanners generally produce that kind of marking.

    [​IMG] [​IMG]
     
  8. National dealer

    National dealer New Member

    Dipped and wiped.
     
  9. collect4fun

    collect4fun Senior Member

    We all know that cleaning a coin is a no no, that grade and eye appeal is somewhat subjective and that CC coins are highly desireable.

    How much value has this coin lost if it has been cleaned, dipped, wizzed, etc...? Can you figure that a coin, any coin, that has been cleaned has lost maybe half it's original value?
     
  10. National dealer

    National dealer New Member

    When determining a new value for a harshly cleaned coin, you start with the grade. If the particular coin grades "Fine" and has a non-cleaned value of say $80. The first thing that you will want to do is drop the grade a few points. Lets say VG. Now this will depend on how bad the overall appearence is. If the coin has a really "cleaned" look, it could drop to a "Good" price. I have seen and bought many cleaned coins over the years, and when if ever they are offered for sale, they receive a steep price drop for the grade.

    As an example, I bought a 1960 Franklin Half Dollar that would easily grade MS-65 FBL, but the coin has been wiped on the obverse. Now most collectors would not even notice the lines running left to right across the obverse. This coin has a retail value of about $175. The next grade down sells at retail for roughly $50. Now most dealers would split the difference and sell the coin for say $80 to $90.

    Here is a pic of the particular coin. Can you see the wipe?
     

    Attached Files:

  11. collect4fun

    collect4fun Senior Member

    I see some lines on his jaw and to the right of his forehead both running up and down, but no wipe left to right.
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    Look at the area between 7 & 9 o'clock.
     
  13. National dealer

    National dealer New Member

    Great eye as always GDJMSP!
     
  14. Pennycase

    Pennycase New Member

    I didn't even see that at first, GD, I didn't look at the coin too long though, it kind of makes me queezy :D
     
  15. Tallpaul000

    Tallpaul000 Searcher

    Im getting better at spotting cleaned coins, but couldnt make out the wipe on the franklin. If you see any striations - wipes, does that mean it has been cleaned? More photos would be nice, thanks ND.
     
  16. National dealer

    National dealer New Member

    Here are two close up pics. If you look closely, you can see how the lines run straight across.
     

    Attached Files:

  17. GDJMSP

    GDJMSP Numismatist Moderator

    I think what might be more helpful now Nd is if you post a closeup of an area that was not wiped. So they can see the difference ;)


    And a pic of the area between N and Ben's shoulder - that one's the give-away for me.
     
  18. National dealer

    National dealer New Member

    Here are some good pics of the wipe
     

    Attached Files:

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