Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Cleaned Coins
>
Reply to Thread
Message:
<p>[QUOTE="Vess1, post: 1043063, member: 13650"]Great explanation there. The scarcity of the cleaned coin will also play a roll. One time I was watching a 1839-O quarter eagle in an NGC details slab at Heritage. It was graded Genuine but harshly cleaned. AU details. Still looked great. With a mintage of only 17,781 I thought this might be a chance to grab one at a much discounted price. I was thinking 5 maybe $600. I believe it ended up selling for over $1800!</p><p><br /></p><p> That's just an example of what GD was saying. Cleaned coins can have wild, unpredictable pricing. Everybody will have their own opinion. I'd normally try to avoid them at all costs, unless it was an opportunity to own a true rarity. The discount depends on the rarity. It may not be as bad for an 1869 as it would be for a 1909 with many more uncleaned examples readily available. But it still can be harsh. 50-60% off is more likely than 10%.</p><p><br /></p><p> There's no accurate answer to be obtained from this forum. All you could do is list them on ebay with an outrageous reserve (if you didn't want to sell them) and see what the market bids them up to.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1043063, member: 13650"]Great explanation there. The scarcity of the cleaned coin will also play a roll. One time I was watching a 1839-O quarter eagle in an NGC details slab at Heritage. It was graded Genuine but harshly cleaned. AU details. Still looked great. With a mintage of only 17,781 I thought this might be a chance to grab one at a much discounted price. I was thinking 5 maybe $600. I believe it ended up selling for over $1800! That's just an example of what GD was saying. Cleaned coins can have wild, unpredictable pricing. Everybody will have their own opinion. I'd normally try to avoid them at all costs, unless it was an opportunity to own a true rarity. The discount depends on the rarity. It may not be as bad for an 1869 as it would be for a 1909 with many more uncleaned examples readily available. But it still can be harsh. 50-60% off is more likely than 10%. There's no accurate answer to be obtained from this forum. All you could do is list them on ebay with an outrageous reserve (if you didn't want to sell them) and see what the market bids them up to.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Cleaned Coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...