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question about gold coin

MurphyMurphy Posts: 903 ✭
in U.S. Coin Forum
Why would a dealer rub (hard) a gold coin between his fingers. Does it make the luster more attractive??? And is this an accepted practice?
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  • BillJonesBillJones Posts: 33,964 ✭✭✭✭✭
    It's called "thumbing," and it's not an accepted practice. The grease from the fingers can be used to hide light scratches.

    You hear more about this practice with silver dollars, but it can work on gold too.

    It also rates an instant body bag from the services.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • SequiturSequitur Posts: 1,195
    And is this an accepted practice?

    Yes, it is accepted practice, from dealers like this:

    image
    Realtime National Debt Clock:

    image

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