I have a cleaned 1942 D over horizontal D Jefferson Nickel graded by ANACS Uncirculated Details Cleaned. I would say if not cleaned it would be MS 65 at minimum. I paid $60 for it. I see this Variety sell for $200+ on Teletrade graded XF40 by PCGS. My question is if this coin is only worth $60 in the state it is in and I or my heirs wanted to sell it why not break it out of the slab carry it around in pocket change for awhile and send it in for regrading? If it was worn down to AU 55 or XF 40 would anyone know, or would it matter it had been cleaned back when? Just doesn't make since to me why something like this would be worth a lot more in circulated condition?
nickelman: Wait a minute! Okay, now lets think about this, you state that the coin is an unc but valued at less because it is cleaned-- agreed. So, you paid $60 and that is all that it is worth as a cleaned coin? First, if the coin is worth $200 in XF, your unc can't be worth less, but equal XF's graded by different companies will be worth different amounts. Don't use the coin in your change, to give it some wear and (presumably) wear off the cleaning. It is still worth more as a cleaned unc.
I get your point, Nickelman. If you let the coin wear down a little, to XF, all evidence of the cleaning may be worn away and it will then be judged an uncleaned XF, maybe worth more than a cleaned Unc. Might work, might not.
Nickelman, I don't see how a coin that is cleaned can be u.n.c. but if it looks like you say, why not just break it out of it's holder and send it to n.g.c. or another tpg. It's my opinion that when you try to wear down a coin you just do more damage then good.
Thats not really my point I would never want to do this to this coin It's a nice example of this variety and the best I will most likely own. It just boggles my mind to think that I could possibly triple my money by physically damaging this coin rather than selling it the way it is, and if I thought of this I'm sure I'm not the first, I wonder how many rare coins have been dealt this fate all becuase collectors are willing to pay more for a circ coin that may not have been cleaned than a lightly cleaned Unc. Granted I would rather have a uncleaned coin but the extreme valve difference dosn't and may never make sense to me.
Nickelman: I agree & disagree with you: Agree with : "It's my opinion that when you try to wear down a coin you just do more damage then good" But to crack out the piece, if ANACS says that the piece is cleaned, the others, NGC & PCGS will not slab it at all, just a waste of money-- unless you/he are really sure that the piece is not cleaned. They will just body bag the piece. However, a cleaned piece, unless it has been harsly scrubbed & is very ugly is better than an XF, but then if it had been harshly cleaned, it would have been worn down and probably not be an unc. An unc coin can still be unc but cleaned, no wear to the coin, usually just over dipping. Frank
Frank, yes you can look at it both ways but not all tpg's see coins in the same way, but we do not have the coin in hand so we will have to go by what nickelman says. Nickelman has graded coins befor but it is a interesting question nickelman can you post a picture of the coin?
First of all, it makes a difference in what kind of cleaning was done. If the coin was wiped with a cloth your idea might work. But if the coin was over-dipped - your idea wouldn't work. You see, the damage done by a cloth can leave tell tale hairlines and light scratches which would indicate the cleaning. But that might not necessarily destroy the mint luster. Over-dipping a coin on the other hand would destroy the mint luster. And for a coin to grade as XF45 or higher, there has to be mint luster on the coin. So, if carrying the coin in your pocket for a while effectively removed the traces of cleaning, but yet did not remove the remaining mint luster - you'd have a shot at getting the coin graded. Of course it would probably be quite difficult to do one without doing the other as well.
I like the concept of carrying a coin in a pocket with other change to remove signs of cleaning. But it seems more practical to start with a circulated coin. If you could get an XF cleaned coin for VG money and wear it down to VF by carrying it around, that would probably work in my opinion. If the coin is MS65-cleaned, I'd just keep it that way. I think you got a good deal for $60 even with the cleaning.
I tried to post pics but they are beyond the 100Kb limit. However the ANACS label reads 'MS 60 Details' not 'Uncirulated details' as I previously stated.
Nickelman, That changes things now a 1942-d over horizontal-d is a nice coin to have if you are nickel collector or any collector for that matter. Now I would say just leave it in the slab you only paid $60.00 for it and you have a coin that a lot of nickel collectors like me would like but do not have.
