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Washing circulated silver coins with mild soap and water
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<p>[QUOTE="-jeffB, post: 3104153, member: 27832"]I sold some common silver dollars at the show this past weekend.</p><p><br /></p><p>A couple of them were coins that I paid less than $10 for (a rare opportunity, one I couldn't pass up). They were cleaned. I sold them for $15. Yay, me! If I buy things at unusually low prices, I can sell them at the going rate, and make a profit.</p><p><br /></p><p>Did the cleaning <i>increase</i> their value? No. It <i>reduced</i> their value. If they hadn't been cleaned, I would have gotten $17-30 for each.</p><p><br /></p><p>If you think you improved your coins' value by washing them, you're wrong. That's all there is to it. You may not have <i>dropped</i> the value any further -- those were not premium coins even before you got your hands on them -- but you didn't <i>raise</i> their value.</p><p><br /></p><p>If you wanted to "test your theory", you should have washed <i>half</i> the coins, offered the washed and unwashed ones in separate transactions, and seen how the value compared.</p><p><br /></p><p>But if you think washing can "increase <b>melt</b> value", I'm not sure further conversation can help. Maybe you think washing transmutes dirt into more silver. I honestly don't know at this point.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 3104153, member: 27832"]I sold some common silver dollars at the show this past weekend. A couple of them were coins that I paid less than $10 for (a rare opportunity, one I couldn't pass up). They were cleaned. I sold them for $15. Yay, me! If I buy things at unusually low prices, I can sell them at the going rate, and make a profit. Did the cleaning [I]increase[/I] their value? No. It [I]reduced[/I] their value. If they hadn't been cleaned, I would have gotten $17-30 for each. If you think you improved your coins' value by washing them, you're wrong. That's all there is to it. You may not have [I]dropped[/I] the value any further -- those were not premium coins even before you got your hands on them -- but you didn't [I]raise[/I] their value. If you wanted to "test your theory", you should have washed [I]half[/I] the coins, offered the washed and unwashed ones in separate transactions, and seen how the value compared. But if you think washing can "increase [B]melt[/B] value", I'm not sure further conversation can help. Maybe you think washing transmutes dirt into more silver. I honestly don't know at this point.[/QUOTE]
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Washing circulated silver coins with mild soap and water
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