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A coin's true originality....

When it comes to coins with very pretty color or what appears to be original skin, have you ever wondered if a coin's true originality sometimes depends on who owns it or who currently has it for sale?

image...There's always time for coin collecting. image

Comments

  • drwstr123drwstr123 Posts: 7,045 ✭✭✭✭✭
    WTF?
  • ajiaajia Posts: 5,403 ✭✭✭
    Nope.

    I'm probably of the minority here.....I go by, do I like the appearance or don't I.
    If I need the coin for my registry, then "originality" plays a part, but I usually buy because of eye appeal.
    image
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>have you ever wondered if a coin's true originality sometimes depends on who owns it or who currently has it for sale? >>



    No.
  • MidLifeCrisisMidLifeCrisis Posts: 10,550 ✭✭✭✭✭
    True originality obviously depends on how the coin was cared for over the years, including the current owner/seller.

    But I suspect that, for the most part, true originality is an ideal rather than a reality for most classic coins.
  • dizzyfoxxdizzyfoxx Posts: 9,823 ✭✭✭
    Here's a prime scenario....

    Take a coin with incredible toning and have it in a graded slab and for sale by a reputable seller, 95% will most likely give the coin praise and ooooh's and aaaah's.

    Now, take that exact same coin with incredible toning and put it for sale on the internet, raw, by a seller with 0 feedbacks, 95% will most likely scream AT, Cleaned, or messed with in one way or another.

    Just an observation, which IMO is just about spot on.

    *Edited for spelling.image
    image...There's always time for coin collecting. image
  • MidLifeCrisisMidLifeCrisis Posts: 10,550 ✭✭✭✭✭
    Aha...now I get it.

    You're probably right. Collectors need reassurance that the coin they are buying is worth the money they are spending.

    Coins slabbed by top tier grading services and sold by reputable dealers provide a level of that reassurance...and when the coin is being sold over the internet, the collector must make some assumptions about the coin and trust that the dealer is being honest and the images are accurate...at least until the collector has the coin in hand.

    It's all relative...
  • ajiaajia Posts: 5,403 ✭✭✭
    Collectors need reassurance that the coin they are buying is worth the money they are spending.

    Put another way, collectors need reassurance that the money they are spending can be recouped (or close to it).

    I think that this is a mindset created here (internet).

    I'm sure there are still collectors that collect for their enjoyment, without worrying about resale value.
    I would add that these collectors are probably not spending crazy money on coins.

    Sometimes I wish for simpler days. image
    image
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>Here's a prime scenario....

    Take a coin with incredible toning and have it in a graded slab and for sale by a reputable seller, 95% will most likely give the coin praise and ooooh's and aaaah's.

    Now, take that exact same coin with incredible toning and put it for sale on the internet, raw, by a seller with 0 feedbacks, 95% will most likely scream AT, Cleaned, or messed with in one way or another.

    Just an observation, which IMO is just about spot on.

    *Edited for spelling.image >>



    OK - I get it now too, and I would say that your comment is definitely accurate.

  • RedTigerRedTiger Posts: 5,608
    Many collectors prefer "faux" original over true original. There is no real 100% way to tell, so most settle for an original look and live with that. Very few old coins will get 100% votes for original, even 90% is a tough barrier. Some collectors go for coins that look good enough to suspend disbelief, but will be questionable by a minority of viewers, these kinds of coins get bid up, because the majority thinks they are good enough.




  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Good analysis by Redtiger.... and it is not so much that collectors need 'reassurance', as it is total support - since most are incapable of even ballpark grading. Of course, in addition, most have been bitten by either the 'high grade bug' or the 'toning' bug - or both. Cheers, RickO

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