I bought a 1998 gold bullion coin today for $660. I tried to put it in a 2 x 2, but the staple scratched a long line from the second 9 in 1998 over through the rays & lady liberty and across. Its my first gold bullion too The coin has a perfect reverse and a scratched obverse with 2 small nicks-one on lady liberty and the other in the nw field
Yes it probably will diminish the value. One of the things that you read on sites for coin grading services is that you may want to store your coins in flips and never use staples or tape to seal them. I truly hate to hear of that happening... On the brigther side, you DO have a 1998 Gold Bullion Coin C
true...and my grandma bought it for me as a presents (big present, eh?) And the reverse has 0 marks and is spectacular
Wow! Nice gift. If you're like me, this will start a craving for a collection of gold coins that could last the rest of your days! C
I don't think it will reduce the value by much since it is a bullion coin to begin with. If you had paid a large numismatic premium, it would have mattered. As things stand, when you go to sell it someday the price will still be closely tied to the spot price of gold.
If it is a true bullion coin, then there should be little damage to its value,but none the less it is sad when that happens. I am curious though as to how it was scratched as you put it "into" a 2x2. I think the 2x2s will be around for quite a bit longer, so I suggest a staple remover next to your magnifier, I find it quite a safeguard when removing coins from a stapled flip or 2x2.
Get some airtites for coins of this value. They really protect well and allow for complete viewing. I hate stamps.
I too am interested in how you can mess up a coin putting it INTO a 2x2? I could understand taking it out but how did you scratch it putting it in. I do understand about taking one out of a 2x2. Many years ago I used to use a screwdriver to pry open the staples on 2x2's. I purchased a 1921S MS65 Lincoln Cent and when I used my stupid screwdriver to pry open the staples it slid accross the face of the coin. Needless to say I now use a staple puller.
