1911-d cleaned $2.50

mcmxi

How badly is the price affected in EF. A friend of mine just got one back in a BB

MikeInFL

A suggestion would be to look for one in the Heritage Auction archives slabbed cleaned by ANACS.

Shamika

Wait a minute; is it cleaned? If so, the price will depend on how obvious it is. If it's extreme, the coin could very well be worth no more than bullion.

mcmxi

I couldn't tell, but I am NO expert.

coinbuf

Your sure it was BB'ed for cleaning, does it have the die marker for a genuine 11-D?

Chris

mcmxi

he told me it was for cleaning, and he wasn't trying to sell it to me. I am clueless when it comes to gold. I'll do a search for the marker and check it next time I see him. I'll ask if I can borrow it and post some pics.

coinbuf

OK, I only asked as this coin is often counterfited. If you have the PCGS counterfeit detection book (2nd edition) the marker is found on page 357.

Chris

mcmxi

I don't have that book. He was bummed out about the BB, and was looking through some bulk mercs, and found a 1942/1-d. So I don't feel bad for him at all.

gyocomgd

My personal policy is to avoid cleaned coins altogether. You can't get them slabbed by NGC or PCGS, and it affects the value dramatically. Shamika is right; you can't tell to what extent value is affected unless you really can assess the extent of the cleaning, and only an expert can do that.

Definitely check for counterfeiting on the 11-D! Look for a roundish bump above the "4" in date and tooling marks inside the recessed portion of the Indian's neck.
Guy

FatMan

11-D $2.5 is a serious coin. If your friend plans on keeping it for his collection then who cares. But if selling, your friend really needs it holdered for authenticity purposes. One BB does not mean he's finished. If it is a light cleaning he may still get it holdered. He just hasn't paid for the plastic yet. Tell him to try a couple of more times. And then try NGC. And finally send it to ANACs who will slab it noting the cleaning. He will get his submission money back and then some if he gets it into a PCGS or NGC slab.

construct

One usually finds the net grade to be a grade lower than the details grade on ANACS slabs. The actual price might run on the low end of the net grade because of the lower price for the ANACS slab and the fact that it's a problem coin. Unholdered it might be hard to sell above bullion because of the fear of counterfeit gold.