What do you say? Cleaned or not cleaned? If not cleaned what's it worth in your opinion? If it is cleaned what's it worth in your opinion? http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=190876215952 My thoughts are that if this is cleaned no grade will be given, thus killing the value of the coin. If it is a true unc coin that is not cleaned then this one should grade out in the vicinity of MS65 give or take and make it well worth the asking price. That being said, I'm suspicious that it looks too good to be true. Then again, I could be wrong!
If it's been harshly cleaned I sure can't see signs of it. The coin has a lot of gunk on it though and what looks like 3 small, light scratches. Other than that I can't even see enough hits or contact marks to make me think the coin is circulated. But would I buy it ? Uhhhh, no. I find all the gunk unsightly and think it has little to no eye appeal because of it.
So, Doug, educate me. Where are the 3 small, light scratches? Is there any way to enlarge the image - clicking on it does nothing for me. Finally, you think the coin is gunky - is there anything that could be done to improve the appearance without detracting from the coin?
I think you're referring to the unknown stuff around the 2 on the reverse. That's what I was looking at too and wondering if it was something caused by cleaning. I can get it slightly less than the asking price and I mean slightly so I might go for it. I did notice one little scratch on the reverse, but I thought it has an uncirculated look also. I don't quite understand why they wouldn't get a coin this nice graded and add 50 bucks to the price.
I'm not a true expert on the series, so a grade is out of the question, but i see no signs of cleaning from the pictures provided.
I"m pretty comfortable grading these coins. The WE is nice and strong and the coin definitely appears to be uncirculated. There isn't any noticeable wear and the only thing I can see is the tiny scratches and what appears to be some substance around the two. I'm guessing it is MS63 maybe but not sure how the gunk would effect the grade.
On the obv there are 2 just above the S & T is TRUST. The 3rd is about 3 o'clock, just right of center. Yeah, pick up a magnifying glass and look at it. The gunk pretty much covers the entire coin, even the fields. It's around every letter, every part of the design, and in every recess & protected area. Is there a way to safely remove it ? Yeah, but I wouldn't recommend trying it yourself, I'd send it to NCS. But since you never know how things will turn out, with that coin it may or may not be worth it.
The seller didn't describe it as cleaned. I have dealt with him a couple of times both buying and selling, in person and on line and he's an upstanding dealer IMO.
So, you think this coin could be conserved and it's eye appeal increased. Could it then be graded by a TPG?
My guess is that this coin would grade AU Details, Improperly cleaned. I have this coin in MS64 RB and the patina on this coin looks too good to be true. I believe the seller would have had it graded himself unless he suspected it was an old cleaning.
It really wouldn't surprise me if they graded it as is. But I really do think NCS would help the way it looks, and probably get a higher grade because of the increase in eye appeal. But, having NCS work on a coin is always a crap shoot.
From the photos, I can see why it was labeled as a "generic unc". I am not getting anything close to that gem or choice feeling here, plus I see little reason for a dealer who can assume can grade to leave such money on the table; why pocket under $100 as-is when, if it were as you hope, a quick submission would be well worth the time and investment. If you're just looking for an example that suits your collection, it may be a fine fit, but if hoping for a profitable pick, I believe you are in for a disappointment.
I am a collector and not trying to profit from buying coins. If I had some way to buy really great coins wholesale and make a profit that would be great, but I am better at investing in other areas that I know more about. As a collector I'm looking to upgrade my collection when I can at a good price. I have a nice XF45 of this coin so this would have been an upgrade. However, I was concerned with the look of the reverse. Someone else must not have been bothered because it is now delisted and I assume sold for $110. I also have some concern as to why the dealer wouldn't send the coin to PCGS. If the coin grades out even at an MS60 it should sell close to double what he got for it. I did contact the dealer and he was adamant that there was no cleaning and I paraphrase his comments on the condition on the reverse 'is caused from luster build up over the years'. The dealer has a good reputation, but that explanation sounds odd to me.
He probably meant oxidation build-up (ergo: toning) and used the wrong word. Honestly, if you were buying the coin for your own collection, it seems like a decent 62/63 range coin. I wouldn't bother getting it graded, though.
Oxidation makes more sense. Yeah, I was actually going to purchase the coin and when I went to his site after getting his last message it was gone. Someone bought it five minutes before I got there. No big deal, there are other 68s that are in nice condition if you're patient.