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<p>[QUOTE=&quot;phankins11, post: 2342432, member: 70703&quot;]Kyle, I&#039;m not sure if you&#039;re here to learn or if you are only interested in what your coin is worth. Seems like most of the posts you create are only about what kinda money you have in a coin.</p><p><br /></p><p>I mean this in the most sincere and respectful way; if you are actually here to learn, then now is a good learning moment: There&#039;s a HUGE difference between &quot;lots of luster&quot; and &quot;really shiny.&quot; That coin has absolutely no luster left, except for maybe minute amounts around some of the protected areas of the stars and other devices. But, it is really shiny, and that&#039;s because its been cleaned and\or polished. It might even have been a jewelry piece at one time, which gives the look of polishing. Over time as the person wears the necklace, the coin swings back and forth across multiple fabrics, which in effect, polish the coin. Luster is created only by the minting process. One way to completely *DESTROY* luster is to polish the coin. Once a coin has been robbed of luster, it cannot be recreated.</p><p><br /></p><p>One of the forum members here ([USER=19165]@physics-fan3.14[/USER]) has written a book entitled &quot;The Art and Science of Grading Coins&quot; ( <a href="http://www.amazon.com/Art-Science-Grading-Coins/dp/1492356107/ref=sr_1_1?ie=UTF8&amp;qid=1454940178&amp;sr=8-1&amp;keywords=The+art+and+science+of+grading+coins" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.amazon.com/Art-Science-Grading-Coins/dp/1492356107/ref=sr_1_1?ie=UTF8&amp;qid=1454940178&amp;sr=8-1&amp;keywords=The+art+and+science+of+grading+coins" rel="nofollow">http://www.amazon.com/Art-Science-Grading-Coins/dp/1492356107/ref=sr_1_1?ie=UTF8&amp;qid=1454940178&amp;sr=8-1&amp;keywords=The+art+and+science+of+grading+coins</a> ), It&#039;s a fantastic read overall and has an even more fantastic chapter on explaining luster. Again, if you&#039;re hear to learn, $19.99 is a very small price to pay to get an education on what luster really is, along with helping you build the confidence you need to really grade coins.</p><p><br /></p><p>You have a really cool collectible coin, but the premium is very low due to the damage. [USER=36230]@BooksB4Coins[/USER]&nbsp; makes a fantastic point, in that you can have the most collectible coin in the world, but if its damaged like this, both the numismatic premium and desirability to a collector almost disappear.</p><p><br /></p><p>[USER=74849]@NSP[/USER]&nbsp; just posted a great video last night that touches on this subject.</p><p><br /></p><p><a href="https://www.cointalk.com/threads/oh-the-horror.274331/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/oh-the-horror.274331/">https://www.cointalk.com/threads/oh-the-horror.274331/</a></p><p><br /></p><p>Originally purchased for a $102K, could be worth a quarter of a million now, but will hit the auction block, starting at .99! - Condition is EVERYTHING...Knowing the true condition is the power you need to buy the right coin.[/QUOTE]</p><p><br /></p>

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