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<p>[QUOTE=&quot;Morgandude11, post: 1884244, member: 37839&quot;]A problem coin isn&#039;t zero--it is worth anywhere from 25-50% of the value of a gradeable coin.&nbsp; The numismatic value (exclusive of the bullion from the value of the gold) is gone, due to damage.&nbsp; Think of it as a damaged car versus a new car--depreciated value, and much less of a market for sale.&nbsp; That equals devalued.&nbsp; Nobody said the coin is worthless, just as Doug said, it will always be a problem coin, and will never receive a grade, so it is worth much less than a comparably graded coin of that year, date, and mintmark.[/QUOTE]</p><p><br /></p>

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