Oh the horror!

I don't think I've seen this posted anywhere else, but if it has been I apologize. Long story short, a valuable coin + sand blaster/polishing rag/etc. = a far less valuable coin.

 

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Ugh. Way to polish away $200K+ of value. He's right... it doesn't even look real any more.

 

Moral of the story: Fools don't need to collect coins.

 

Crazy, sad story, i wonder why he did not think of doing any reassearch at first?

 

geez you'd think since the guy spent a 100K on the coin he would know better than trying to clean it. I hope he learned a very very valuable lesson.

 

He had a real expert telling him not to mess with the coin. I don't think any amount of research would have convinced him not to do it.

 

I have found two things about life:

A. People with a lot, such as a $200,000-plus coin, often have no respect for what they have.

B. A certain kind of edited , such as one told not to clean a coin, will clean it in a futile attempt to prove they are not a retard, and instead prove with clear and convincing evidence that the term is too generous to describe them.It is also not allowed.

 

It's so sad to see a coin that survived in near perfect condition for 150 years get turned into something that looks like a shiny plastic token.

Hopefully the coin gods have their revenge on that guy....well, I guess they already did... he did lose $100K lol.

 

@Santinidollar LOL

 

That makes no sense that NGC would refuse to holder it like claimed in the video.

 

Who would want their company name associated with the numismatic equivalent to the Titanic disaster?

 

I can see the holder now:

FORMER Proof
-1 Details

(That's right. The first ever emoticon on a holder; and it's a sad face.)

 

I'm sure they would cringe at it (though I also would wonder how you could match up a coin to the original that has been polished that badly short of watching it happen) but they do holder polished coins.

 

The owner has never worked a day in their life. Money has always been handed to them. If you can afford to blow that amount of money thinking you can clean it and make more....well.

 

Makes me sick. Such a shame.
The only certified 1850-P PL. Now it's an 1850-P Polished.

 

You do not know that. It IS a shame though. Reminds me of what ISIS is doing to historical artifacts.

 

What a Sad story I used to bleach Barber dimes myself to make them look better.
I no longer do that

 

You mean like this??

 

To a degree, yes. I've seen posts from collectors who, in their eyes, view the authentication of a possibly mint assisted error as a loss of credibility.

 

Hmm I wonder if this is The same guy who raised that drug price 750% and bought a wutang album for 7 figures. Sounds like it could be lol.