So i've noticed some morgans and peaces that have been slabbed by pcgs say "genuine cleaning". does this affect the value of the coin at all? I am hesitant to make a purchase of one just because it says cleaned. Thanks!
It's Genuine ... cleaned, not genuine cleaning (no such thing). All that means is that the coin is genuine, but damaged because of the cleaning, so it received no grade. The value can be significantly impacted depending on the year and grade.
Depends on how badly you need a 1921 for your collection. You can probably get a problem free 62 for around that price.
Damn, this hobby is addicting. It's like pokemon, collect em all. The best part is the hunt, it's great learning about history as well and how these beautiful coins were designed and made.
Blast! Shy away from such slabs. Unless you want crack out such coins and make them into 'pocket pieces'.......
Stay away from "genuine" coins, we call them "problem coins" because whoever owns it....well, it's "their problem" now. LOL IMO, it's like a game of hot-potato, they just passed around.
"Genuine Cleaning" hahaha like the Byron Reed 1804 Dollar. Cleaned by a museum curator every few years to remove the tarmish; and after being certified it went from About Uncirculated to Proof 64: But we believe that the original 1804 Dollars were made as new-strikes (Russian "novodel" for the special coins struck by the Mint for nobles) on the order of President Jackson for distribution to princes and similar potentates when the US fleet was seeking ports of convenience. The Sultan of Oman and the King of Siam were among the recipients. So who was this "unknown woman" who bought one for face value from the Mint? I mean, how did they know it was a woman? How did Parmalee find her? Most likely, Lorin G. Paramlee paid a Mint worker to find the dies and make him one. What do Bressett and Newman say?
no it says on the slab genuine cleaning im bidding on a capped bust right now it does not say cleaned it says cleaning i can show a photo. but the question is does it ruin the value of the coin because if it does im not bidding no more. why whould anyone clean a coin any ways?
There's really no difference because they both mean the same thing - that the coin has been harshly/improperly cleaned. And yes, harshly and improperly also both mean the same thing. Yes it does. What you have to understand is that there are 2 basic types of coins - problem free coins and problem coins. There are many different things that can make a coin a problem coin, harsh cleaning is only 1 of them. But the value of all problem coins is less, often much less, than that of a problem free example. How much less ? Well that is a question that can only be answered by the individual considering buying the problem coin, and the specific problem. To put it into numbers a problem coin can be worth anywhere from 20% to 80% of what a problem free example is worth. Quite often it is simply because they don't know any better. Other times it is because they are trying to make the coin "look better". Other times it is because they are trying to make the coin worth more. And yet other times is because they are trying to protect the coin from further damage. The list of reasons goes on, and on ............
yeah i pulled away from the bid i got a capped bust dime vf with o for alot cheaper and its not cleaned.