How much does rim damage devalue a coin?
northcoin
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I am looking at a Type I twenty dollar gold piece from the SS Republic wreck that I would otherwise grade as high as MS63 based on its surfaces. However it arguably has slight rim damage as though it had been pinched by some kind of holder or retrieval device on opposite sides of the coin. Would NGC and PCGS holder such a coin? How low would ANACS (assuming they still do) net grade just for some slight rim damage?
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Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I would say it depends on the severity of the damage and the rarity of the coin. However, now that you are aware of the damage, it would probably be the main focus of the coin every time you looked at it if you purchased it.
Jim
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire