The green stuff would bother me, and if it were me, back these coins would go. When I buy something (circulated) I expect it to be relatively problem free. Did you buy the coins sight unseen or did the seller provide pictures? Are you primarily a collector or an investor? If you're mostly an investor then the condition is a minor factor in determining the coins worth. You're just interested in the product for its' precious metal content. Welcome to the forum Dirk.
Well that kind of depends. If you bought the coin close to its melt value then you have nothing to worry about. But if you paid a numismatic premium over and above the melt value of the coin, then you do have something to worry about. To me the bigger question is do you want the coin for a collection, or do you want it for its gold content ? If you want it for collection then send it back. If not, you'll do fine - as long as gold doesn't drop.
green 18: I'm almost exclusively an investor when it comes to gold. It was one of the online sellers of bullion coins (Tavex). They only provide one picture of the general Krugerrand, but not the individual ones. I didn't buy it exactly at melt value, there's always a premium involved. Not the biggest but still there's the principle... I want the buyback premium that's advertised. I'll have to just wait and see what I'll do.
Opinion wanted on 8 reales I have a perfect example of a coin I was about to purchase but asked for better pics. What is YOUR opinion?
Take a look at this this 99.99% gold coin i am guessing the red spots are due to impurity when it was minted?
jjack, that is really weird for a 99.99% gold coin. I can't imagine that the "alloy" would have THAT much impurity. Are you really sure that it's gold? Even 8 escudos from ship wrecks don't have that much discoloration, and they are no where near 99% gold.
Hard to say. Some of the coloration has qualities that might be verdigris, or it might not be. It could be PVC contamination. Either way it is a problem coin and I would pass on buying it.
Thanks for your input. Did you click on the pic to blow it up? Note the green encrustation around the left pillar and crown. Another thing that bothers me about this coin is the excess metal on the kings forehead and in front of his face. This happened to be one of a group (varied dates) of Peru Columnarios that all had this type of "toning". I have seen much less evident pieces come back from PCGS coded as "environmental damage".
Yes, I saw that. But that is the result of the coin being struck with a rusty die, something that is quite common with these coins. Even more reason to think it is PVC contamination and not verdigris. For if the collector kept 1 coin in a PVC flip he likely kept all of them in PVC flips. Which is what they will say when the coin has PVC contamination. Either way, don't buy the coin.
Strange also i have another 1986 1/10 unze coin that has a similar issue. I have seen this with older Libretad coins as well but haven't seen AGE or Maples display this problem inspite of much higher mintage.
I have no idea of the composition, but it shows light verdigris. The verdigris is fairly new and developed from improper storage. I believe it could be safely conserved.
Just got this from Great Southern. Normally pretty good seller. Didn't notice the Verdigris under the eye. Bought it for numismatic purposes. Returning it.