Proof Gold: So, how much should copper spots be subtracted, if at all, from the grade?
bidask
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Take an otherwise gem piece of proof gold and you notice a copper spot. Should that detract much from the Gem, lets say 66 or better, condition?
I manage money. I earn money. I save money .
I give away money. I collect money.
I don’t love money . I do love the Lord God.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
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I'm definitely not an expert on this, so I'll let others decide.
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<< <i>Take an otherwise gem piece of proof gold and you notice a copper spot. Should that detract much from the Gem, lets say 66 or better, condition? >>
If we are talking about your proof $10 Lib (the one I saw at the last St. Louis show), I was too blinded by the mirrors to notice. I would not worry about them.
<< <i>IMHO, copper spots should not affect the grade at all, although they can affect the value. >>
Are you saying that eye appeal should not be a grading factor? Copper spots definitely hurt the eye appeal of any coin.
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"Paper money eventually returns to its intrinsic value---zero."----Voltaire
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<< <i>IMO, copper spots on classic proof gold shouldn't affect grade or value. Copper spots are a good indicator of original surfaces for old gold. A copper spot on a nice proof gold piece wouldn't bother me at all even if it was somewhat significant. >>
However, what Mr. Eureka says is true about spots affecting the value of the coin... a copper spot in a concealed area like the reeding or say imbedded in the eagles wings is less distracting than one say on the nose or cheek of Miss Liberty, and will probably bring a higher pirice. I would be careful with proof gold and enlist the services of someone very knowledgeable before buying however, as a lot of proof gold has been "enhanced"...
John