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Let's say we got all the doctored coins together in one big pile...

MrEurekaMrEureka Posts: 24,428 ✭✭✭✭✭
Slabbed and raw.

What do we do now?
Andy Lustig

Doggedly collecting coins of the Central American Republic.

Visit the Society of US Pattern Collectors at USPatterns.com.
«1

Comments

  • UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭
    Nature abhors a vacuum......
    The void would soon be filled
    I used to be somebody, now I'm just a coin collector.
    Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    Why, overhype them and put 'em on Ebay - L@@K!!! MS64+++!!!
  • Put them all on a ship...take it out off the coast of Florida and sink the ship...

    ...then let some "treasure-hunter" group find the sunken "treasure" and send it in to NCS...

    ...they can 'conserve' the coins and then they can be slabbed & marketed as "The Medical Waste Collection"







    image
    Re: Slabbed coins - There are some coins that LIVE within clear plastic and wear their labels with pride... while there are others that HIDE behind scratched plastic and are simply dragged along by a label. Then there are those coins that simply hang out, naked and free image
  • PerryHallPerryHall Posts: 46,902 ✭✭✭✭✭
    The last thing I'd do is destroy them. They may be compromised but they are still collectible coins.

    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

  • elwoodelwood Posts: 2,414





    Good question Andy.


    When I first read it I thought it would be easy to answer. Then the more I thought about it the harder it became to answer.




    Crack'em and sell them for what they are?

    With hopes that they don't find their way back into a holder?



    Please visit my website prehistoricamerica.com www.visitiowa.org/pinecreekcabins
  • mozeppamozeppa Posts: 4,431 ✭✭✭
    walk around with them all in our pockets until they are all AU-55 grades and all the doctoring is worn off.


    win / win situation.


    we still retain the coins...and all the truely "un-messed" with coins become more valuable because of lower pops.
  • I love the sink them in Fl. idea.

    I say sticker them, put them on fleabay and flip them.

  • Paint them for future identification? In multiple, stunning, bright colors, of course. Respectfully, John Curlis
  • 66RB66RB Posts: 2,516 ✭✭✭
    First thought:

    image


  • Oops. Sorry. I thought you were referring to the Coin Doctors. No solution to the coins, though. Respectfully, John Curlis
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Oops. Sorry. I thought you were referring to the Coin Doctors.

    Me too! image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • Thank You, sincerely, Broadstruck, for supporting me in my lonely dyslexia moment. It is kind of you. Respectfully, John Curlis. PS- it would be fun to paint the individuals in question, I think.
  • I thought I was asked about coin doctors aswell. Smash their fingers as someone said to me. Also a good swift kick to the....



    Sorry,








































    This solution was brought to my attention. I liked it anyway...
  • MidLifeCrisisMidLifeCrisis Posts: 10,563 ✭✭✭✭✭


    << <i>The last thing I'd do is destroy them. They may be compromised but they are still collectible coins. >>


    Collectible to whom? New collectors who don't know any better? People who call themselves collectors but who want all their coins to be bright white and shiny or unnaturally toned because they think those coins are worth more?

    Convincing people these are still collectible coins is how we got the problem in the first place.

    Destroy the doctored coins. This lowers the existing population of truly collectible coins - especially key dates - and should increase their value relative to the demand for them.

  • elwoodelwood Posts: 2,414




    << <i>Let's say we got all the doctored coins together in one big pile...

    Slabbed and raw.

    What do we do now? >>



    Put them in a Stacks Sale....Same as always.image


    Please visit my website prehistoricamerica.com www.visitiowa.org/pinecreekcabins
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Estate sale on eBay?
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • jhdflajhdfla Posts: 3,030 ✭✭✭


    << <i>Slabbed and raw.

    What do we do now? >>



    Good question as that would involve most of the 18th and 19th century material bought and sold in slabs every day. Definition of most is more than 50%, definition of doctored would include any means used to enhance the coin since it was first minted, including but not limited to dipping, wiping, waxing, laquering, recoloring and any other proprietary technique used.

    John
  • MidLifeCrisis, there is something refreshing about stating what you feel. I think it is a positive result of MidLifeCrisisimageWithRespect, and Without Malice, John Curlis
  • Estate sale from China on Ebay.
  • PerryHallPerryHall Posts: 46,902 ✭✭✭✭✭
    MidLifeCrisis---You would destroy an 1794 silver dollar because someone lightly cleaned it? You would destroy a 1793 Chain Cent because someone tooled it? I could go on but I'm sure you see my point.

    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

  • jhdflajhdfla Posts: 3,030 ✭✭✭


    << <i>MidLifeCrisis---You would destroy an 1794 silver dollar because someone lightly cleaned it? You would destroy a 1793 Chain Cent because someone tooled it? I could go on but I'm sure you see my point. >>



    Never. Virtually all of them from that period have been messed with, but who in their right mind would toss it?
  • MidLifeCrisisMidLifeCrisis Posts: 10,563 ✭✭✭✭✭


    << <i>MidLifeCrisis---You would destroy an 1794 silver dollar because someone lightly cleaned it? You would destroy a 1793 Chain Cent because someone tooled it? I could go on but I'm sure you see my point. >>


    Fair enough...point taken.

    No easy answer...but any answer would begin with full disclosure by the seller, as well as more and better education of collectors.

    The obvious problem (and it's been stated many times before) is when that lightly cleaned 1794 silver dollar or tooled Chain Cent is misrepresented and sold to a a collector as an original, problem free coin.

    Have most 18th and 19th century coins been "doctored" in some way? Probably. The dealers and TPGs should do what they can to make sure collectors/customers know this up front and to help them identify the obvious problem coins. If more collectors are able to make educated, fully informed buying decisions, the problem of doctored coins in the marketplace would be reduced subtantially, I think.
  • OK, I'll play along with the OP's fanciful scenario.

    Step 1: Crack out all the slabbed coins.

    Step 2: Photograph each coin.

    Step 3: Send the images to the TPGs and ensure that these coins never again make it into 1st tier TPG holders.

    Whatever happens after that doesn't much matter.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Estate sale on eBay?

    FDC coins comes to mind! image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • mozeppamozeppa Posts: 4,431 ✭✭✭
    jeez!

    i gave a perfectly valid remedy for what to do with the coins.....and i've been snubbed?image




    thats okay mozeppa ...i believe in you!




    thanks....uh ....mozeppa....i knew i could count on me....er...you.image
  • This content has been removed.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Thank You, sincerely, Broadstruck, for supporting me in my lonely dyslexia moment. It is kind of you. Respectfully, John Curlis. PS- it would be fun to paint the individuals in question, I think.

    I like the piling up of the Coin Doctors better, have ahooka rub em down with coppertone and leave em in the middle of death valley for a weekend...

    see what colors they turned as they wander out imageimage
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!


  • << <i>Thank You, sincerely, Broadstruck, for supporting me in my lonely dyslexia moment. It is kind of you. Respectfully, John Curlis. PS- it would be fun to paint the individuals in question, I think.

    I like the piling up of the Coin Doctors better, have ahooka rub em down with coppertone and leave em in the middle of death valley for a weekend...

    see what colors they turned as they wander out imageimage >>




    image
  • fcfc Posts: 12,793 ✭✭✭
    why give them to kids of course. one for each child.


  • << <i>why give them to kids of course. one for each child. >>



    I'm guessing we'll run out of kids before we run out of coins.
  • Melt the ultra fugly common stuff (like the "MONSTER TONED" Morgans they sell on ebay), and put the rest of the stuff back on the market with proper labels.
  • MrEurekaMrEureka Posts: 24,428 ✭✭✭✭✭
    Melt the ultra fugly common stuff (like the "MONSTER TONED" Morgans they sell on ebay), and put the rest of the stuff back on the market with proper labels.

    Crackout heaven!
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • PerryHallPerryHall Posts: 46,902 ✭✭✭✭✭


    << <i>Melt the ultra fugly common stuff (like the "MONSTER TONED" Morgans they sell on ebay) >>



    Or you could just dip them. Some may look fine while others may be dull and lusterless looking. Just sell those as junk silver.

    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

  • The solution is really very simple. The stuff shouldn't have been holdered to begin with. What's been holdered needs to be unholdered, and all of it needs to be kept out of holders going forward.

    Of course I realize this is wishful thinking in the extreme, but a guy can dream. Right?
  • PerryHallPerryHall Posts: 46,902 ✭✭✭✭✭


    << <i>The solution is really very simple. The stuff shouldn't have been holdered to begin with. What's been holdered needs to be unholdered, and all of it needs to be kept out of holders going forward.

    Of course I realize this is wishful thinking in the extreme, but a guy can dream. Right? >>



    Even when the toning is market acceptable? image



    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

  • NicNic Posts: 3,418 ✭✭✭✭✭
    Andy,

    That will be a big pile.
    The answer is obvious.
    First they get cracked out. Second they get conserved. Third they get reslabbed with a "discovered treasure/shipwreck" pedigree of some sort.

    K

    image
  • dorancoinsdorancoins Posts: 2,091 ✭✭✭


    << <i>Slabbed and raw.

    What do we do now? >>



    1) Melt them......or......2) Shoot them into space. image
    DORAN COINS - On Facebook, Instagram, X (formerly Twitter), & www.dorancoins.net - UPCOMING SHOWS (tentative dates)- 10/8/2023 - Fairfield, IL, 11/5/2023 - Urbana, IL., 12/3/2023 - Mattoon, IL.
  • I would create a text using each coin as an example, sort of like the Fivaz reference on gold coins. I like CCU's suggestion too but that seems very unlikely.
  • dorancoinsdorancoins Posts: 2,091 ✭✭✭


    << <i>First thought:

    image >>



    Even better than my first two ideas.
    DORAN COINS - On Facebook, Instagram, X (formerly Twitter), & www.dorancoins.net - UPCOMING SHOWS (tentative dates)- 10/8/2023 - Fairfield, IL, 11/5/2023 - Urbana, IL., 12/3/2023 - Mattoon, IL.


  • << <i>MidLifeCrisis---You would destroy an 1794 silver dollar because someone lightly cleaned it? You would destroy a 1793 Chain Cent because someone tooled it? I could go on but I'm sure you see my point. >>



    image

    Destorying historical coins punishes true collectors, not the doctors.
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    Take all of the AT ones and dip them. Take the altered surfaces and melt them.
  • Laser brand them as Altered coins so they are easy to identify, but not ruined.
    imageQuid pro quo. Yes or no?
  • becoka - does the altered surfaces group include the gold coins that hav been lasered to remove bag marks? how about the copper coins that have had copper moved around to hide bag marks? if we destroy all of the coins that have been played with, we as a community will not only be doing a major disservice to the next few generations but we will also have to destroy about half of the coins that exist in peoples collections.

    i agreee with dipping the AT coins (even tho on mos of those coins, dipping will NOT remove the fugly toning), but I say take it a step further for all of the coins in the pile - use a laser to micro-etch the coins as doctored and then sell them for what they are. the TPG's could easily scan for the micro-etching and BB any coin that came in with the label. then the TPG's could join in on the micro-etching and before they BB a coin, mark it as such.

    just my humble and worthless opinion.
    Cecil
    Total Copper Nutcase - African, British Ships, Channel Islands!!!
    'Do not meddle in the affairs of dragons, for you are crunchy and taste good with ketchup'
  • Return them to mint from where they came from and ask for replacements.....image
    ......Larry........image
  • Use back channels to find some marketing firm to think of a lucrative name for a pedigreed. Have some phony background story planted in the numismatic press and the street. Get the coins holdered and stickered and pedigreed. Pay if you have to. Or make up some new sticker. Sell them for five to ten times what the previous prices were. Control the supply so only a few are release at a time. Give a cut to a few big time dealers with low ethical standards to shill them up at auction and talk them up with huge fanfare with each release.

    Buy more Ferraris with all the profits.

    Only half kidding.
  • Sunshine Rare CoinsSunshine Rare Coins Posts: 2,339 ✭✭✭✭✭


    << <i>OK, I'll play along with the OP's fanciful scenario.

    Step 1: Crack out all the slabbed coins.

    Step 2: Photograph each coin.

    Step 3: Send the images to the TPGs and ensure that these coins never again make it into 1st tier TPG holders.

    Whatever happens after that doesn't much matter. >>



    I agree completely
  • Sunshine Rare CoinsSunshine Rare Coins Posts: 2,339 ✭✭✭✭✭


    << <i>

    << <i>why give them to kids of course. one for each child. >>



    I'm guessing we'll run out of kids before we run out of coins. >>



    I'll take two image
  • coin doctors are making a MOCkery of the hobby.
    know what you don't know.

    hi, i'm tom.

    i do not doctor coins like some who post in here.

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭
    They may as well be melted down , sold as bullion, and the proceeds sent to the crime victims reparations board for disbursement to those who've been ripped off.

    edit to add "as bullion".
  • JJMJJM Posts: 8,089 ✭✭✭✭✭
    image
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