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<p>[QUOTE="Irishrunner, post: 1916402, member: 44403"]Hi everyone! Looking for some help please!! Thanks in advance!! : )</p><p><br /></p><p>I’m very confused as to why some people say that anytime a coin is cleaned, that it’s basically now worthless and worth only the melt value. I’ve found this to be untrue so many times, so is there a reason why some people will still pay decent money for a coin if it may have been slightly cleaned 40 years ago, & why others think it’s now worthless? Is it just because of the type/kind of coin it is? Because of the year? Is it people’s preference? Is it only when the details are still really good, that it makes people still want the coin? Or, is it a combination of everything above? Also, if a coin has some other little damage to it - maybe it has a plug, or a scratch or something on it, why some people still will pay for it, & others won’t.</p><p><br /></p><p>I have 2 different coin shops (And I may even check out some others), that are willing to buy some coins of mine, for anywhere from a few hundred, to almost $1,000, for each coin, & the gentleman at the one place has even told me that I could get more if I went the Ebay route.</p><p>Selling them on Ebay makes me nervous though, as I don’t want the hassle of people trying to return coins, & also I’m afraid they may try to screw me over & when they return "my coin” to me, that it won’t be my own coin at all, but a counterfeit coin, or a real coin, but one that’s in much worse condition & try to say it’s the one I sent to them. So, I recently met with a collector, who claimed to be very “fair” when it came to buying coins, & he said that he paid market value on them, (& I liked the idea of dealing with a collector in person instead of over the internet) & he basically wants many of my coins for next to nothing! I don’t think he’s believing me when I tell him what the coin shop is willing to give me, which I do find rather offensive, but then I remind myself that it’s business, & that it’s not personal, as he doesn’t really know me, same as I don’t really know him. I was hoping to sell to him because I wanted them to go to a collector that would truly cherish them, but he also then was making comments in our meeting about turning around & selling them himself, so obviously his whole shtick about paying “market value” for them is complete bull <span style="color: #ff0000">edit - forum rules</span>, as he, himself, is basically also a coin dealer, not a pure collector, but just without the high overhead of having a coin shop.</p><p><br /></p><p>This “collector" also wanted to buy some of my Liberty Seated half dollars, that the coins shop that I really trust told me to send in for grading (they are even willing to do it for me & pay for it themselves, & then I can pay them back once the coins come in, or if I do decide to sell them some of the graded coins, they will just subtract it from what they pay me for the coins); I think that this is incredibly fair. The “collector” that I met with, wanted to give me around $40 each for High AU, possibly MS60 Liberty Seated halves, so I laughed when he told me $40, as I know they are each worth a minimum of a few hundred (at the lowest 200), for the grade that they are in. He was trying to tell me I’m being ridiculous, & he showed me one Ebay listing where someone sold an AU50 Liberty Seated Half for like $47.50, & just because that coin sold for that, that means nothing to me as to what my coins are worth. Obviously, that seller needed money & didn’t set a minimum amount that they were willing to take. I’m selling them because I too, need the money, but $40 a coin isn’t going to help me enough to make selling them worth it; I’d rather keep them if that’s all I would get for them.</p><p><br /></p><p>Anyway, if any of you have answers for me on that, I’d really appreciate it! I am going to try to post some pics of some of my coins on here tomorrow night, & see what people’s thoughts are. Thanks for reading and any input you may have! : )[/QUOTE]</p><p><br /></p>
[QUOTE="Irishrunner, post: 1916402, member: 44403"]Hi everyone! Looking for some help please!! Thanks in advance!! : ) I’m very confused as to why some people say that anytime a coin is cleaned, that it’s basically now worthless and worth only the melt value. I’ve found this to be untrue so many times, so is there a reason why some people will still pay decent money for a coin if it may have been slightly cleaned 40 years ago, & why others think it’s now worthless? Is it just because of the type/kind of coin it is? Because of the year? Is it people’s preference? Is it only when the details are still really good, that it makes people still want the coin? Or, is it a combination of everything above? Also, if a coin has some other little damage to it - maybe it has a plug, or a scratch or something on it, why some people still will pay for it, & others won’t. I have 2 different coin shops (And I may even check out some others), that are willing to buy some coins of mine, for anywhere from a few hundred, to almost $1,000, for each coin, & the gentleman at the one place has even told me that I could get more if I went the Ebay route. Selling them on Ebay makes me nervous though, as I don’t want the hassle of people trying to return coins, & also I’m afraid they may try to screw me over & when they return "my coin” to me, that it won’t be my own coin at all, but a counterfeit coin, or a real coin, but one that’s in much worse condition & try to say it’s the one I sent to them. So, I recently met with a collector, who claimed to be very “fair” when it came to buying coins, & he said that he paid market value on them, (& I liked the idea of dealing with a collector in person instead of over the internet) & he basically wants many of my coins for next to nothing! I don’t think he’s believing me when I tell him what the coin shop is willing to give me, which I do find rather offensive, but then I remind myself that it’s business, & that it’s not personal, as he doesn’t really know me, same as I don’t really know him. I was hoping to sell to him because I wanted them to go to a collector that would truly cherish them, but he also then was making comments in our meeting about turning around & selling them himself, so obviously his whole shtick about paying “market value” for them is complete bull [COLOR=#ff0000]edit - forum rules[/COLOR], as he, himself, is basically also a coin dealer, not a pure collector, but just without the high overhead of having a coin shop. This “collector" also wanted to buy some of my Liberty Seated half dollars, that the coins shop that I really trust told me to send in for grading (they are even willing to do it for me & pay for it themselves, & then I can pay them back once the coins come in, or if I do decide to sell them some of the graded coins, they will just subtract it from what they pay me for the coins); I think that this is incredibly fair. The “collector” that I met with, wanted to give me around $40 each for High AU, possibly MS60 Liberty Seated halves, so I laughed when he told me $40, as I know they are each worth a minimum of a few hundred (at the lowest 200), for the grade that they are in. He was trying to tell me I’m being ridiculous, & he showed me one Ebay listing where someone sold an AU50 Liberty Seated Half for like $47.50, & just because that coin sold for that, that means nothing to me as to what my coins are worth. Obviously, that seller needed money & didn’t set a minimum amount that they were willing to take. I’m selling them because I too, need the money, but $40 a coin isn’t going to help me enough to make selling them worth it; I’d rather keep them if that’s all I would get for them. Anyway, if any of you have answers for me on that, I’d really appreciate it! I am going to try to post some pics of some of my coins on here tomorrow night, & see what people’s thoughts are. Thanks for reading and any input you may have! : )[/QUOTE]
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Confused about Coin Values, esp. when they may have been Cleaned, or Damaged in some way
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