Reply to Thread

Message:: [QUOTE="GDJMSP, post: 2291024, member: 112"]I have to strongly disagree. If a coin is dipped properly the coin is not harmed. Educated estimates say that 80% or more of all older coins in TPG slabs have been dipped. And their value was certainly not hurt. In fact, properly dipping a coin can often double and even triple the value of a coin. There are even documented examples of dipped coins increasing in value by 500-600%. There is of course a certain assumption that must be made, that being that the luster is intact. If a coin had been heavily and darkly toned, to the point that the toning had already destroyed the luster of the coin, and then the coin was dipped, the value would certainly not increase. It may well stay the same though for knowledgeable people are well aware of the damage heavy, dark toning can do to a coin so the value would have been minimal to begin with. In saltysam's defense I will readily admit that if a coin is not dipped properly, over-dipped in other words, the value will be greatly decreased. I will also agree that there are collectors who do not like dipped coins, they prefer toned coins and will pay a premium for them. But even then, because there are just as many or more collectors who prefer "white" coins- the value is often no different after dipping. In other words the coin can sold just as readily and for the same price dipped or undipped.[/QUOTE]