A vary powerful lesson on why you should not clean your coins
markelman1125
Posts: 1,769 ✭✭✭✭✭
I found this video on YouTube from coin week about an example of a rare coin being destroyed by cleaning.
This is heart wrenching but at the same time a vary important lesson on why you should not clean your coins !!!
https://youtu.be/mk0F_sQY-kM1
Comments
I saw that coin in hand, years ago. And while I don’t know what was done to it, it was certainly more than a cleaning.
The surfaces were drastically altered and it was painful to see.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Not good.
Very sad. Watched that video several times before. The coin sold at auction at just over $6k. What a loss.
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oof ... the owner who altered it sounds like a real--- oh look A HOLE! 🕳
man ... destroying history - you never like to see it
Something is so hard to believe as the truth at times.
Collector with $100k buys a phenomenal coin, doesn't listen to the dealer/numismatist/pcgs expert Leibman who he asked ahead of time for advice and proceeds to do the exact worst possible thing against all advice and commonsense. The question that begs to be answered even today is why? And I for one cannot suggest a good enough answer no matter how hard I try.
Just impossible to imagine.
STUPID wins again unfortunately
What this guy did to that gold coin is sacrilege.
Hay let’s scrape the paint off the Van Gogh so I can make my own painting.
This just makes me cringe.
I'm sure most everyone here has heard that saying about having more money than sense.
What an idiot! Such a shame.
Dave
...."So is this a knowledgeable collector who bought this coin?"
"This is somebody that had $102,000"
And suddenly Julian is like a favorite uncle I just want to know.
What a wonderfully neutral and somehow loving answer.
Maybe NGC should've made a special authentic label for it, "Authentic - Julian's coin lesson."
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The answer is classic Julian and made me laugh too.
I just want to puke.
But I like the loupe thingy on his glasses.
I need one of them
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Well, Van Gogh did paint over his paintings, but what this person did is no Van Gogh!
Yea he did much worse than my analogy.
Then if this was a turducken, your missing the best part.
Inspected !
Wow! I used to sometimes try messing around with a $10 coin, usually to no avail. Not only did he loose an awful lot of money , but he ruined the coin for future generations. Looks like he was trying to turn it into a proof.
What a heatbreak 😦
Heartbreaking.
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I know that people go out of their way to dress up the slab around a coin, but I've never seen this attitude that a rare classic coin is a DIY improvement project. "I'm going to make it better!" WHAT? Who do you think you are?
Unbelievable. I love mint fresh coins, but no coin ever came out of the mint process looking like that. Such a shame. Cheers, RickO
Another coin that looks eerily like a foil covered milk chocolate.
Perhaps this is a sign of what some have ‘come to’ now? Enough said.
Very sad and educational!
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This is utter foolishness. Not only has he destroyed a coin for future generations and lost a lot of money, he's lucky his name wasn't publicized so that he'd become a poster child for owners of coins who do stupid things with them.
Probably the issues are:
Is a whale or nearwhale so dropping $100k doesn't mean a lot or all that much
Thinks he knows everything which unfortunately is rampant in this hobby
Enjoys trying adding value and improving/perfecting/growing/controlling his assets
Couldn't careless about history or those that came before him
Incredibly stubborn
I know many like our suspect perp
It's a reverse proof
Naaaasty. Why would he ever think that was a decent idea.
Evan Saltis in the real world.
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A classic coin destroyed forever. What a shame.
Might as well continue abominating and mount it as a necklace or nail it over a garage workbench.
...or use it as a pocket piece.
Worry is the interest you pay on a debt you may not owe.
Sad. (for the coin that is.
For the owner that messed with it--- WTF!?
I suppose he could still sell NFTs on the original coin? Before and after?
I’ve seen this video posted here many times and each time I cringe but inside I’m
hoping for a different outcome which never happens
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This should be a poster coin for do not mess with coins!
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CoinsAreFun Toned Silver Eagle Proof Album
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Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
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More CoinsAreFun Pictorials NGC
Of course there is a contingent that would be lauding its beauty if it had been baked and come out with fluorescent rainbow toning.
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I wonder how many people with $100K prefer the “improved” coin over the original? Hopefully, the Tinker who worked on the gold piece no longer “improves” coins. Maybe he’s moved on to Classic Autos.
I saw that video a while ago. Its terrible. It breaks my heart
Can't someone just use it as a pocket piece for a few years and get a straight grade XF/AU coin?
Smart people know when they are talking to a smarter person. Dumb people typically just assume they are smarter without evidence. 99.999% coin collectors who think they know more than Julian about the hobby fall in the latter category.
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The first gold coin that I ever bought was a $1 piece. It was long ago. I was 19 maybe 20 years old. The coin was as polished as the one in this thread. But I loved it because of that. I had something really special! Oh well. Live and learn.
I have another idea, if someone has $100,000 to burn on and destroy a coin like this, perhaps they can use that money to lobby their Congressional delegation to get the US Mint to issue a reverse proof or proof liberty head double eagle using the broad authority to mint gold coins.