Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
My friend cleans every coin, what do I do?
>
Reply to Thread
Message:
<p>[QUOTE="ranchhand, post: 163315, member: 2622"]Here is an interesting thought i had (IMHO)</p><p>So one o f the secrets of making money in coins is to zig when every one zags.</p><p>For example: people carefully saving mint state clad coinage through the 70's-90's when no cared about "junk moderns". Some of those quarters in high grade command a LOT of money right now. Or the barber series, which was shunned by collectors when they came out. Try to find ANY of the barber coins (dimes, quarters or halves) in mint state for less then a couple Benjamin's.</p><p><br /></p><p>Right now cleaned is cleaned, it doesn't matter if it was cleaned lightly or wiped a hundred years ago or someone rubbed the heck out of the coin yesterday with steel wool. The market seems to put the same "stink of death" no matter how the coin was cleaned.</p><p><br /></p><p>What if, in a decade or so, the market start to accept <i>certain </i>forms of cleaning? think about the ancient coins out there, almost all of them have been cleaned in some form, and as long as its not harsh the market seems to accept it.</p><p><br /></p><p>I have several "cleaned" coins that i purchased because of their difficulty in finding, or the fact that the cleaning was not harsh. IMO the cleaning was simple wiping by an old time collector.</p><p><br /></p><p>I have a Pan-Pacific commem that is graded AU-58 details cleaned (part of my latest anacs submission) . I purchased it for $160... an INSANE deal on a relatively difficult coin. The coin is actually really nice, almost full detail, and the cleaning looks "old". To an untrained eye you can't really see the cleaning.</p><p><br /></p><p>so, even tho i abhor cleaning coins, especially the kind of cleaning that is meant to deceive, I also see it as an opportunity.</p><p><br /></p><p>That being said, I also had a Columbian exposition with prooflike surfaces that came back cleaned, turning a $60 purchase into $10 instantly. Thats the breaks. Live and learn, etc. etc. etc.[/QUOTE]</p><p><br /></p>
[QUOTE="ranchhand, post: 163315, member: 2622"]Here is an interesting thought i had (IMHO) So one o f the secrets of making money in coins is to zig when every one zags. For example: people carefully saving mint state clad coinage through the 70's-90's when no cared about "junk moderns". Some of those quarters in high grade command a LOT of money right now. Or the barber series, which was shunned by collectors when they came out. Try to find ANY of the barber coins (dimes, quarters or halves) in mint state for less then a couple Benjamin's. Right now cleaned is cleaned, it doesn't matter if it was cleaned lightly or wiped a hundred years ago or someone rubbed the heck out of the coin yesterday with steel wool. The market seems to put the same "stink of death" no matter how the coin was cleaned. What if, in a decade or so, the market start to accept [I]certain [/I]forms of cleaning? think about the ancient coins out there, almost all of them have been cleaned in some form, and as long as its not harsh the market seems to accept it. I have several "cleaned" coins that i purchased because of their difficulty in finding, or the fact that the cleaning was not harsh. IMO the cleaning was simple wiping by an old time collector. I have a Pan-Pacific commem that is graded AU-58 details cleaned (part of my latest anacs submission) . I purchased it for $160... an INSANE deal on a relatively difficult coin. The coin is actually really nice, almost full detail, and the cleaning looks "old". To an untrained eye you can't really see the cleaning. so, even tho i abhor cleaning coins, especially the kind of cleaning that is meant to deceive, I also see it as an opportunity. That being said, I also had a Columbian exposition with prooflike surfaces that came back cleaned, turning a $60 purchase into $10 instantly. Thats the breaks. Live and learn, etc. etc. etc.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
My friend cleans every coin, what do I do?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...