Couple of questions

Discussion in 'Coin Chat' started by Legomaster1, Mar 3, 2019.

  1. Legomaster1

    Legomaster1 Cointalk Patron

    I was looking through my coin collection today, and wanted to ask how to prevent oxidation on coinage. I have a silver proof dime with a new black stain on it. However, I kept it in a closed container- and it was not possible for moisture or gas to penetrate. I also kept it clear of rubber bands. In what other ways could it have toned/oxidized?

    upload_2019-3-3_14-48-30.jpeg
    upload_2019-3-3_14-48-50.jpeg

    2nd question: Would I encounter difficulty in attempting to sell a silver 1 sol coin for a significant sum on eBay? How hard would it be to find a buyer?
    The coin is rare, from a mintage of
    less than 100,000.
    upload_2019-3-3_14-51-19.jpeg
     
    Last edited: Mar 3, 2019
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  3. micbraun

    micbraun coindiccted

    1) Desiccant/silica gel and/or airtites may help.

    2) A coin with a mintage in the ten-thousands is not rare. Significant sum? Sorry, but I don’t think so.
     
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  4. Paddy54

    Paddy54 Well-Known Member

    As for the dime I cannot tell you what would stop the process once it starts....I will say be glad that it is a $5 Coin and easy replaced. I have coin mostly nickels that after being slabed carbon spots did surface and there's nothing can be done .
    As the spot can be lightened but will never go away.
    Question #2
    World coins a mintage of 100,000 isn't rare far from it..... From the stand point of U.S. coins yes 100k is low..... but I say below 5K would be a low mintage depending on what country we are talking about.
    Think about it..... depending on what country a 3rd world country doesn't need high mintages as a world leader would.
    Your sol may or may not be in demand and would only sell if someone really wants it for their collection.
    And another point about rare coins consider they are only rare if in demand....
    As look at nickels there are two Jeffersons matte proofs a 94 and a 97 that are extremely low mintages when talking nickels.....but the 97 with a mintage of only 25k can be obtained very reasonable priced.
     
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  5. Paddy54

    Paddy54 Well-Known Member

    Mike he said 100k which in my wheelhouse isn't no where a low mintage but above average for most countries.
     
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  6. Treashunt

    Treashunt The Other Frank

    What do you consider a significant amount?

    That is the question
     
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  7. Legomaster1

    Legomaster1 Cointalk Patron

    Well, the melt value of the coin is $6.18, so I thought significant would be $20-$25.
     
  8. Paddy54

    Paddy54 Well-Known Member

    Frank
    I'm sure he can let it go for less than 10 k.:D
     
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  9. Paddy54

    Paddy54 Well-Known Member

    What is the date on the sol?
     
  10. Legomaster1

    Legomaster1 Cointalk Patron

  11. Legomaster1

    Legomaster1 Cointalk Patron

    By the way, if I list the coin on Etsy, someone will grab it for maybe $5000. :smuggrin:
     
  12. Paddy54

    Paddy54 Well-Known Member

    Post the coin out of the 2x2 so I can see it.
     
  13. Legomaster1

    Legomaster1 Cointalk Patron

  14. Paddy54

    Paddy54 Well-Known Member

    90,000 mintage vf 14.00 xf 25.00 ms $ 75.00
     
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  15. Legomaster1

    Legomaster1 Cointalk Patron

    Would mine make XF?
    Also, is the cleaning visible?
     
  16. Paddy54

    Paddy54 Well-Known Member

    Au cleaned and yes you can tell it has been messed with
     
  17. ldhair

    ldhair Clean Supporter

    It sounds like you have stored the coin in a good way.
    I'll guess the spots grew from something that was already on the coin before you got it.
     
  18. micbraun

    micbraun coindiccted

    Those prices are too high IMO. I sold one of these in AU a couple of years ago for slightly above spot price... @Legomaster1 show me one in gem BU with rainbow toning and I see a “significant” value.
     
    Last edited: Mar 4, 2019
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  19. Paddy54

    Paddy54 Well-Known Member

    Mic those prices were from a 2015 Krause world cat of coins.
    I never believe any published text as suck to be gospel the market changes way to fast to trust such a price guide.
     
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