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Question on set of Silver Eagles

ajaanajaan Posts: 17,396 ✭✭✭✭✭
in Precious Metals
I have the opportunity to buy a set of Silver Eagles, 15 different coins (1986-2000) for $200. The problem is these coins have all had the obverse colorized like one sees on Home Shopping Networks. Two questions, is the set of 15 worth $200 as is? is there anyway to remove the color? Thanks.

DPOTD-3
'Emancipate yourselves from mental slavery'

CU #3245 B.N.A. #428


Don

Comments

  • MetalsmanMetalsman Posts: 2,064 ✭✭✭
    Dont think those will ever be worth more than an ounce of silver.. so whats the point in removing the paint?image
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭
    Usually the color comes off with a dip in Acetone. Just remember that you never know what the color is covering up but the paint itself will not hurt the coins surface.

    I purchased a colorized IKE once and dipped the color right off. I don;t remember if it was a 71 or a 72 but I do know that it wasn't a Type 2 or an Friendly Eagle Variety.

    As for your set, if I was in the market I'd do it since that translates to about $13.50 per coin which isn;t outrageous but its also not the best price.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • ajaanajaan Posts: 17,396 ✭✭✭✭✭


    << <i>Dont think those will ever be worth more than an ounce of silver.. so whats the point in removing the paint? >>


    They are ugly.

    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • cinman14cinman14 Posts: 2,489 ✭
    Back in the 17 dollar spot days. My local B@M would sell these with the generic rounds.. .50 cents over spot.

    I would take them home. Dip in acetone for about 10 minutes. Soak a Q-tip and lightly work the details.

    Go back a couple days later and they would buy them back for 2 bucks over spot....image

    Unless the paint is hiding some serious cleaning. I would jump on it for 13.50 each
  • ajbaumanajbauman Posts: 1,174 ✭✭✭


    << <i>Back in the 17 dollar spot days. My local B@M would sell these with the generic rounds.. .50 cents over spot.

    I would take them home. Dip in acetone for about 10 minutes. Soak a Q-tip and lightly work the details.

    Go back a couple days later and they would buy them back for 2 bucks over spot....image

    Unless the paint is hiding some serious cleaning. I would jump on it for 13.50 each >>



    image

    image

    That's great....wish I would have thought of that! Sounds like a good operation! image
    Buying £2 Britannias
  • HonoluluDudeHonoluluDude Posts: 2,167 ✭


    << <i> They are ugly. >>

    I disagree. They are FUGLY.
  • DeadhorseDeadhorse Posts: 3,720 ✭
    I'd grab them.

    Acetone is cheap.

    They were likely painted fresh from the tubes.

    The '96 alone make this a darn good deal.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
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