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COIN VALUES ??

McDave said:
stylesjay said:
It sounds like you have all the valuable dates memorized.
Have you ever found a dirt dug coin that was potentially very valuable but was just too poor to make grade?
What is your cleaning process when you get home?

I dug up a 1914-D wheat penny this year, and was offered almost exactly half of what it would have been worth un-dug.


Of course. ANY shop needs to make money. They will NOT give you the best price. Selling it on your own at an auction sight might be your best bet. I am positive if I wouild have sold the coins I found in those years now I would have made a lot more money. The 1893CC 10.00 gold piece had only 14,000 made. TWO shops tolld me it wasn't a coin anymore it was only worth scrap gold!!!!! LOL Let them go find one on their own!!!!


1893.jpg



My brother makes furniture for 4 of the big companies here in Michigan, EVERY store doubles his selling price, EVERY one. Thats how brick and mortar stores survive with their overhead.
 
scuba -- I much appreciate your advice; the way I learn is to ask direct questions, that's all I was trying to do -- to understand. What some of you have said about the NEW scratches being obvious, makes sense. I find it SO hard to resist the urge to rub off enough dirt to see the date... :) I'll try...

Scuba -- I also LOVE the pics of that awesome gold coin. Finding a gold coin is my DREAM. And finally, this statement that you made above...

In looking back, I had NO idea that the coins I was finding was not the normal ones. But where I was finding them only a few know about and most know the reason they were their and why the wonderful condition they were in.

...is MOST intriguing!

Steve
 
Sgoss, those people you hear say "never clean any coin", are probably saying so with the mental image of the horror stories of persons who cleaned grandpa's gold coins with Ajax :sadwalk:

The truth is, there's some coins we md'rs find, that they simply wouldn't catch numismatic interest, in the condition we find them in, in the ground. Here's a true story:

There was an east coast hunter, who after many years hunting, had a good # of large cents in his collection. One day he sat down and looked through all the dates, and looked them all up in the coin guide book. He discovered that he had a few that had supposed numismatic value. Better dates, etc... So he took them down to a coin store and asked what they would pay him for them. The guy at the counter looked at the coins, and gave them a pittance of an offer on a few. When the md'r objected that the coin-book was giving them higher values and grades, the coin store guy: "they're too dirty and corroded". When the md'r heard this, he asked: "Oh, then if I clean them up, THEN would you make an offer on them?". The coin-store guy BRISTLED at the mere word of "cleaning" and warned him: "if you clean them, then for SURE no collector would ever want them! Don't ever clean coins", blah blah blah.

With that, the dejected md'r took his coins back home. He figured that as long as they weren't worth much, he had nothing to loose by at least trying to make them look better. If for no other reason, than just for home display trays. So he set about studying all the different ways to clean copper coins. He experimented on a few common ones and IH's. He found a least intrusive, least tell-tale, yet effective way, to leave no abrasion, no un-natural color, etc... I forget which method he decided on.

About a year later, after the long process of whatever method he'd chosen, his coins looked much better, yet without any apparent trace of his effort. He took the same coins back to the same store. The same clerk waited on him again. By this time, more than a year later, the clerk apparently forgot about these coins, and this guy. So the md'r did not say anyting either, or remind him, nor did he say anything about that they'd been cleaned.

THIS time, the coin-store guy got real interested, and started offering higher prices right off the bat!

So the moral of the story is: The old addage of "never clean your coins" is not always correct. It's a matter of HOW you do it, and whether it's the lesser of two evils in some cases.
 
Interesting, Tom. Very much so. Sounds like the main message here is to NOT "scrub" or "rub" or anything of the sort that could be in any way abrasive; makes sense. Wish I knew the proper way to clean coins (as I guess I understand there IS a "proper" way, that a coin expert can perform...)

Steve
 
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