2 questions

Discussion in 'Coin Chat' started by cbr9291, Apr 28, 2008.

  1. cbr9291

    cbr9291 New Member

    how come when you clean coins it kills the value and i bought some coins on ebay that where sgs graded and when i looked at them i realized that the grades are off so i did some research on sgs and found out they are not the best but they where cheap so i dont fell i got beat to bad is it worth taking them out of the slab or should i leave them in
     
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  3. Treashunt

    Treashunt The Other Frank

    cbr:
    1) Welcome to the forum.
    2) Cleaning imparts an un-natural look to the coin.
    Old time collectors wnat natural looking coins.
    3) As far as SGS is concerned, unless you find someone who loves plastic for the sake of plastic, it doesn't really matter in or out.
    HOWEVER, I would leave them in...so you remember which ones they were, and can use them as examples of wht NOT to buy in the future.

    Good lukc, and keep learning.
     
  4. Phoenix21

    Phoenix21 Well-Known Member

    :thumb:

    Phoenix :cool:
     
  5. mark_h

    mark_h Somewhere over the rainbow

    Welcome to the forum and I agree with treashunt - lots of threads on cleaning around here and plenty of reading material. Same for SGS - lots of threads about them and why new collectors(and as far as I am concerned any collector) should not buy their coins.
     
  6. asciibaron

    asciibaron /dev/work/null

    you learned the first rule of coins - do the research - a google on "SGS coins" turns up a fair number of not so positive comments. hopefully it wasn't too expensive a learning experience.

    i would leave them in the slab to remind yourself to research the heck out of something in coins before you buy it.

    -Steve
     
  7. USS656

    USS656 Here to Learn Supporter

    Because almost no one knows how to remove foreign substances from a coin without doing as much or more damage than has already been done. When most people clean a coin the surface has been altered in a very negative way. It looks to a trained eye like you took a brillo pad to it. My guess is that there are probably as many living astronauts as there are people in the US that can attempt clean a coin without doing more damage to it. From everything I have read and seen you really have to know what you are doing to do it properly. You have to know what the outcome will be before you start. You have to understand what you can make better and what will look worse when you are done even if you know what you are doing.

    So to answer your question ~ the value is killed because the person that cleaned it didn't know what they were doing or were willing to clean it and accept the loss in value for other reasons.

    Hope this answers your question. Sorry about the SGS experience, I'd probably break them out and try to apply an accurate grade to them. What would be the purpose of leaving them in the slab when you know the information on the slab is not correct. Hope the lesson was not an expensive one!

    Best Regards

    Darryl
     
  8. rlm's cents

    rlm's cents Numismatist

    Welcome!
    I agree with the cleaning comments.
    As for the SGS slabs, they do nothing for the coins and maybe even deduct from the value. However, they do as good (or nearly as good) a job protecting the coins as NGC or PCGS and once you remove them, they are not going back in. I would leave them in the slabs until you want to sell them or you have another reason to remove them.
     
  9. mike98024

    mike98024 Senior Member

  10. clembo

    clembo A closed mind is no mind

    Yet another in agreement.

    SGS is pathetic. May be worth more to crack them out and spend them. But.... as Treashunt stated they could be used as examples of what NOT to buy.

    Oh, and welcome to the forum!

    clembo
     
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