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<p>[QUOTE="-jeffB, post: 1918384, member: 27832"]Putting them in a dehydrator is unlikely to help; it'll just cement residue onto the coins. The best hope is rinsing in distilled water.</p><p><br /></p><p>The collection certainly has lost value, but estimating the lost value will be non-trivial. If these are mostly non-silver proof sets, they're probably worth face value at this point; silver would be worth melt. You might be able to claim loss on that basis against the original purchase prices, but I don't know how you'd go about legally supporting it.</p><p><br /></p><p>...actually, resale value of proof sets isn't <i>that</i> much better than face/melt anyway, so if you <i>could</i> claim this as a flood-related loss, you might well end up with more money than if you'd tried to sell the original, undamaged sets. I'm not sure about the ethical ramifications here, but it's an interesting situation.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 1918384, member: 27832"]Putting them in a dehydrator is unlikely to help; it'll just cement residue onto the coins. The best hope is rinsing in distilled water. The collection certainly has lost value, but estimating the lost value will be non-trivial. If these are mostly non-silver proof sets, they're probably worth face value at this point; silver would be worth melt. You might be able to claim loss on that basis against the original purchase prices, but I don't know how you'd go about legally supporting it. ...actually, resale value of proof sets isn't [I]that[/I] much better than face/melt anyway, so if you [I]could[/I] claim this as a flood-related loss, you might well end up with more money than if you'd tried to sell the original, undamaged sets. I'm not sure about the ethical ramifications here, but it's an interesting situation.[/QUOTE]
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