I should have clarified this, the planchet flaw in most cases usually occurs before the strike. However, I have had post-strike split planchets and laminated planchets graded and encapsulated by PCGS as error coins. I have one particular coin, a laminated planchet, whereby I have two slabs for both pieces of the error coin. I should really take pictures of these sometime. But you can see how PCGS commented on this error, and flaw: http://www.pcgs.com/cert/ PCGS 12282172 PCGS 12282173 Cheers, SPP --
It definitely depends on the collector, collectors looking for only authentic, untouched, uncleaned cons... well it definitely hurts a lot. But, there are a TON of people out there still willing to buy and collect cleaned coins, some even prefer them. There are even collectors that will go to such lengths as to have their initials or other details purposely stamped right on the face of a coin, because it is apart of their collection. So in the end, it is the opinion of the buyer or collector, as to how they want their coins. As a personal collector, I dont see anything wrong with cleaning them for your own personal reasons, especially if it puts a smile on the collectors face to see a nice clean good looking coin, vs one that hasnt been cleaned, etc. Just keep in mind, there is NOTHING wrong with doing whatever you want to your own coins, or buying coins that you like, but if you are buying, reselling, etc and trying to cater to certain collectors, the best way to go about it, is to always try to get the coins that the certain crowd wants and NEVER misrepresent them. Otherwise, do as you will, people buy and love all types of coins, cleaned, uncleaned, polished, etc. There is a coin lover out there for EVERY category. Enjoy your coins EDIT: Yet again mobile phone technology ruins my words, lol.
Just bumping this thread up. Doug's words here resonated quite strongly with me last summer and echoed a lot of what I was sharing with coin clubs and collectors north of the border. I liked this post so much, that I pestered Doug to share and submit an article to the CN Journal (publication of the RCNA) - Doug's perspective, in context of Canadian coins... I just wanted to say thanks Doug, in the forum... Roger --
a problem coin will always be a problem coin. A key date will always be valuable to someone, problem coin or not, but to the collector, you should steer clear of them and collect choice examples whenever possible and short of an 1804 Dollar or 1913 Liberty Head Nickel, there's likely plenty of these out there with no problems to have in your collection.
Has anyone else seen that great article in the newest Coinage about how some of the 1804 dollars were artificially circulated and messed with? AND how they magically jumped in grade over the years. I think one went from XF40 to PR58.
It's been well known and discussed for years CBD. But let a few years pass and let an author need an article subject to write about and sure enough it'll pop up again
Every time it's written about again it's always news to somebody pal. I used to spend 3 or 4 times as much time searching out articles, reading coin mags, keeping up on the numis news sites etc as I do today. And even back then I was always finding stuff I never knew before. That's how we all learn.
Doug and I walked the FUN show today and we talked about how certain topics reappear over and over again. He really has the patience to go through this with everyone. And not knowing an answer to what others think they know, speaks highly of the individual asking the question more than the person replying. Knowledge is something we all share without a price tag . By the way C-B-D, I didn't see you for coffee on Thursday. Give me a call if you would still like to meet at the show. green18: There was a swat team in the way trying to arrest some guy for selling counterfeit commemoratives. Otherwise we would have met. You didn't have something to do with this did you? :>)
i cannot even fathom someone stamping their initials on a numismatic, valuable coin, even if it is part of a collection and they NEVER plan on selling it. thats just insane to me. kinda like why i never got a tattoo. i figured one day i may not want to see the beautiful mercury dime face on my left rump cheek when i was 80, and as cool as all my coin collecting buddies would think i was, the long term sagging of skins affect on the image would just be wrong. and they have laser beams now. laser beams to remove a permanent tattoo. aint no removing a stamped initials from a coin though...
Well, so much for not slabbing damaged coins.... http://www.ebay.co.uk/itm/USA-slabb...-Kennedy-Roosevelt-10c-illinois-/201034337075 What PCGS grade code is 89?? I don't see anything on that here: http://www.pcgs.com/grades.html
I believe they came up with that designation to specifically cover the unique type, "waffle coins" - coins intentionally destroyed by the mint.
I am not promoting improper cleaning here but I am an Archaeologist and a professional preservationist. My question is this: Why is having an active disgusting bacterial colony growing on the surfaces of your coin an indication of it's value. Shouldn't the market expect coins (especially those of exceptional rarity and value) to have a cleaned or restored tag on them. In the world of Ancient, Medieval, and even Pre-Colonial collecting nearly every piece has been restored as nearly as possible to it's original condition and is worth less the worse of a job that's been done getting it that way. A coin that has been Properly restored should really fetch a better price rather than a lower one.
Since the era of US coinage only extends back 225 (or so) years, it is desirable for the coins to be in their original condition, and unrestored. On can understand why an ancient coin may be better for the cleaning, but with a modern coin, you want it's state of preservation to drive value, not it's overall condition.