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What to do with an ugly coin?

OK, I'm sure many of you buy on-line. What do you do with a certified coin that is ugly?

Do you return it? You take a loss there with return postage and return fees from Heritage and Teletrade

Do you crack it out and dip it? This is risky too if you cannot get the same grade when it is regraded.

Do you sell it off to someone else?

I've done all 3. Some coins I just cannot improve and they don't make the grade in the holder. I returned a 1928-S MS65 FH PCGS quarter to Heritage because it did not have a full head. I could try to sell it, but then others would reject it too.

I dipped a 1940 Proof 65 PCGS dime. It had hazy light tan toning that hid the mirrors. I've seen them that way in the origional mint cellophane envelopes. I dipped it and got it graded PF67.

I bought a 1930-S MS 65 FH quarter. It had nice colors on the reverse (end roll toning), but brown and black spots on a very white obverse. This one I sold off at the FUN show for a bit more than I paid. I was happy to get rid of it. I saw it come back on the market 2 months later by the same dealer for a high price!

Now, I've got another ugly one today I have to decide what I'm going to do image
Looking for a coin club in Maryland? Try:
FrederickCoinClub

Comments

  • RussRuss Posts: 48,514 ✭✭✭


    << <i>What to do with an ugly coin? >>



    I don't know. Perhaps a Frankie collector will drop by with an answer.

    Bwuahahahahahahahahahahahahaha!!!!!!!!!!

    Russ, NCNE
  • wingedlibertywingedliberty Posts: 4,805 ✭✭✭
    You have tremendous luck. I have heard horror stories about Proof Mercs being dipped. I would never try it.

    Brian.
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Ohh Russ, Lucy is going to kick your ass!!!
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • LucyBopLucyBop Posts: 14,001 ✭✭✭
    Russie Russie Russie, change your name to DCAMRussie or RussofKent please.....
    imageBe Bop A Lula!!
    "Senorita HepKitty"
    "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
  • RussRuss Posts: 48,514 ✭✭✭
    Took 11 minutes. Radar must be on the fritz.

    Russ, NCNE
  • LucyBopLucyBop Posts: 14,001 ✭✭✭
    the RADAR is alittle drunk tonight....
    imageBe Bop A Lula!!
    "Senorita HepKitty"
    "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
  • imageimageimage
    NMFB ™

    image
  • LucyBopLucyBop Posts: 14,001 ✭✭✭
    its been a Margarita kind of night!
    imageBe Bop A Lula!!
    "Senorita HepKitty"
    "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
  • image
    NMFB ™

    image
  • Watch it or someone may take advantage of you.......

    BTW....DON'T buy the ugly coin in the 1st place! SIMPLE!!!!!!



    << <i>the RADAR is alittle drunk tonight.... >>

    The Ex-"Crown Jewel" of my collection! 1915 PF68 (NGC) Barber Half "Eliasberg".

    Once again resides with Legend, the original purchaser "raw" at live Eliasberg auction. Laura and i "love" the same lady!

    image
  • Ugly coin?...."Beauty is in the eyes of the beerholder"......Ken
  • MercMerc Posts: 1,646 ✭✭
    I thought this was a good question but I didn't get any real answers. What I meant by an ugly coin was it looked good on the web page picture but it wasn't want you wanted when it arrived. For example, the 1928-s FH quarter I bought looked great on the web page, but when I looked at it in person, I could see it was a 90% head and was missing the ear hole and lower hair line. A 90% head should be worh more than a flat head, but does not deserve the FH price. I thought it would be tough to sell it off even though it was in a PCGS FH holder.

    My new delima is a 1881-S MS65 DMPL dollar. The picture didn't show the light haze on the obverse that hampers the mirrors. The reverse is nice with purple rim toning. I'm thinking of cracking it out and dipping just the obverse, or returning it.
    Looking for a coin club in Maryland? Try:
    FrederickCoinClub
  • I would return it and eat the loss of whatever shipping and fees. You aren't gonna be happy with it...and you probably won't be happy when trying to execute the other options.
  • Use makeup! How many women are good looking without it?
    You can fool man but you can't fool God! He knows why you do what you do!
  • MadMonkMadMonk Posts: 3,743


    << <i>

    << <i>What to do with an ugly coin? >>



    I don't know. Perhaps a Frankie collector will drop by with an answer.

    Bwuahahahahahahahahahahahahaha!!!!!!!!!!

    Russ, NCNE >>



    HMMMM! I just keep trying to sell them. I've cracked and dipped two non-brilliant coins in my life with lousy results. I'm a cheapskate, so it's given me a bad taste in my mouth. heres an example of an ugly one that I want to crack and dip, but havent worked up the courage yet:
    imageimage
    Today's mighty oak is just yesterday's nut that held its ground.
  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    First thing you should do is check to see if it is the accented hair variety and if it is call you know who....image
  • DCAMFranklinDCAMFranklin Posts: 2,862 ✭✭
    Merc- I would have sent the SLQ to PCGS. The FH's have become way too expensive for undeserving coins to reside in the FH holder. Collectors should utilize the grade guarantee to have those coins placed in their proper holder.

    If you are dealing with TeleTrash, then you better enter the deal with low expectations.
  • ElcontadorElcontador Posts: 7,571 ✭✭✭✭✭
    Just a general comment and please don't take this personally.
    If you buy a coin only from an image, you really don't know what
    you are getting.

    Three years ago, I saw what seemed to be a 65 RD Braided
    Hair Large Cent in a 4 holder auctioned by Heritage. I know
    this series, called Heritage, and asked a numismatist about it. The
    Heritage rep responded that there were numerous small
    flyspecks that didn't appear on the coin's image.

    Never, never, never believe a copper coin's image when it comes to
    color.

    You can't see hairlines on proof coins on an image. I saw a
    Seated Half in 6 in person that had numerous little spots of dip
    residue. Ditto re a proof Barber Quarter in 5. These spots did
    not appear on the coin's image on the seller's website.

    Long, thin scratches also don't often appear on images.
    Oftentimes, you also can't tell a scratch is on the holder
    or the coin.

    If you have a question, ask or E-Mail the seller. And don't even
    think of bidding unless you know about conditions re returns.
    People on these boards look after one another. Some people have
    looked at lots for me that were being auctioned on the East Coast,
    and I have returned the favor re Goldberg & Superior auctions.

    If you pay attention to this thread, you will not have an issue re
    what to do with ugly coins.


    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."

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