How to make a XF+/Au. coin into pretty much a worthless piece of metal!

Discussion in 'Coin Chat' started by Paddy54, May 9, 2018.

  1. Paddy54

    Paddy54 Well-Known Member

    I picked this up also on Sunday, TG it didn't cost much! However I knew it was a good example of what not to do or try to do to a coin.
    Now take a look this 1871 Half Dime a Valentine #5
    Obv. Tall low date ,both 1's close to edge. Defective D in "United"
    Rev. both ribbons ends touch wreath.
    As you'll notice if you look closely first it is a very nice strike....in hand it almost looks proof like plenty of details. The Valentine #1, for this year was struck from proof dies.
    960 proofs were struck in 1871 and 906,750 MS were struck....so under a million coins minted.
    Making this year not a key but again a lower mintage year.
    Now my take on this coin was it was album kept, and toned completely. Who ever owned it decided that the toning was unattractive and cleaned it! You can see the toning up above states a lite blue color as well in hand underlying next to most devices.
    The coin so small in hand looks unc/or proof like, as it has been cleaned or whizzed on its obv.
    It really hard to see until you image it or put under a 5x loop that a once beautiful coin is now been made into a cleaned mess!
    Somewhat worthless except for the fact to use as a tool to train others what "not to buy", or "be tricked" by thinking it could be a proof,or a unc. coin.....
    It is a damn shame that a piece of history has been treated like this one has.....none the less could be sold to a novice collector as a unc./proof strike.
    My intentions in acquiring this specimen is hopefully to educate others by post it here in hopes that newbies might read this post ,study the images and use this as a tool to make the right choice when at a show, surfing e bay, or considering making a purchase of a coin that looks like this one does.
    The quote " all that shines isn't gold" is so true in collecting coins! Don't be fooled by bright shinny ,sharp strikes, as being a proof or unc. coin.
    If you have any doubts walk away until #1 you find a knowledgeable trusted friend who will help you decide if the purchase is a good choice ,or #2 remember unless the mintage is extremely low ,and survival rate is low also there's more out there....to be discovered and purchased.
    Making a purchase on an item like this isn't a good choice.... it's a problem coin that will haunt you in several ways... one you most likely won't recoup your investment in it [Two] your self esteem may be effected leaving a distaste for a hobby that you did really enjoy.
    Again I knew what I was doing when I purchased this specimen, I didn't pay but a tad over melt.... and knew sharing this especially with newbies would be a good learning tool.
    What really sad this coin "WAS" a very nice coin! Until someone made a bad choice....
    don't let someone elses bad choice become yours! DSCN8010.JPG DSCN8012.JPG

    Retail value before cleaning would of been in the range of $60/100 + est.
     
    Last edited: May 9, 2018
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  3. Dougmeister

    Dougmeister Well-Known Member

    <cries a little bit>
     
  4. Dynoking

    Dynoking Well-Known Member

    Thanks for taking the time to share and educate, very appreciated!
     
  5. Omegaraptor

    Omegaraptor Gobrecht/Longacre Enthusiast

    That’s some harsh cleaning. What a shame. :( Great educational piece.

    Sorry to hijack the thread, but is there a good online reference for Valentine varieties on seated half dimes? I can’t seem to find one, but I have several half dimes I’d like to check the varieties on.
     
  6. John Skelton

    John Skelton Morgan man!

    Looking at the coin really showed me what to watch out for. Knowing what to look for is very important, and you just educated a newbie. Thanks!
     
  7. Paddy54

    Paddy54 Well-Known Member

    The sad part is and it isn't all dealers but some may take advantage of a newbie and lead them to believe that the coin above is UNC. And to be quite honest it in hand with out a loop since it's so small, to the untrained eye it looks unc.
    But the same effects as seen above on the half dime cane be seen by the naked eye on larger crown and half crown size coins.
    I do have a list that I will pass on to you later on today.
     
  8. PlanoSteve

    PlanoSteve Well-Known Member

    Dealer said: "it's UNC"......not said was: "since it was cleaned!" :smuggrin:
     
  9. SilverDollar2017

    SilverDollar2017 Morgan dollars

    That's really bad. Bet it looked great before it was cleaned.
     
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    What a shame!
     
    spirityoda likes this.
  11. Paddy54

    Paddy54 Well-Known Member

    Libertyseatedhalfdimes.com
    Everythinghalfdimes.com
    Seateddimevarieties.com
    You may need to to search each site for the sub levels of certain coins.
    Beware I have fohnd the CPG to be incorrect on half dime varieties. I suggest any information be checked by other references to be certain of the data.
    You may also contact me with images and I will try and id the coin or variety.
    I hope these sites are helpful.
     
  12. Paddy54

    Paddy54 Well-Known Member

    I wish I could image this in a 2x2 at around 12 to 18 inches from the coin.
    Then you could see from that distance how nice this coin would look if it wasn't scrubbed. A coin this size @ 147 years old in this condition, I wish all my h 10's looked this good....with out the cleaning of course. :)
     
  13. CircCam

    CircCam Victory

    Nice coin, what a shame. Good PSA though.

    IMG_6855.JPG
     
  14. David Colquhoun

    David Colquhoun Active Member

    Nice post for newbie guys like me
     
    Paddy54 likes this.
  15. Paddy54

    Paddy54 Well-Known Member

    The ebay seller title is this..."1860 o Seated Half Dime- nice white high grade AU almost Uncirculated "

    Are you ready ?:jawdrop: s-l400-27.jpg s-l400-36.jpg

    I'm thinking they sand blasted this specimen! :banghead:
     
    C-B-D likes this.
  16. Cheech9712

    Cheech9712 Every thing is a guess

    Buy the coin. Not the scratches. I done even own many coins. I give my finds away. Would love to gift that coin to grandbabies. Wonderful coin. Must thankyou for showing us to look out for. Thank you for sharing with us examples of what to look for. Like ruth says. Us women can't tell toilet paper from sand paper. Ya think
     
    Paddy54 likes this.
  17. Cheech9712

    Cheech9712 Every thing is a guess

    Yeah i can even see that one. Can't you fix that up a bit. What if you put lacquer on it
     
  18. Cheech9712

    Cheech9712 Every thing is a guess

    Good coin to test your skills
     
  19. Cheech9712

    Cheech9712 Every thing is a guess

    Im kinda stupid today. Went to bisons baseball today
     
  20. Paddy54

    Paddy54 Well-Known Member

    Do they serve adult beverages at the ball game?:wacky:
     
  21. Omegaraptor

    Omegaraptor Gobrecht/Longacre Enthusiast

    Thank you very much Paddy!
     
    Paddy54 likes this.
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