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Coin Finder

Specifically the low mintage 2.5 dollar Panama Pacific 1915 s.

Question: Do copper or toning spots affect the resale value of this coin? If so how much?

Assume a MS grade and assume it holders with either PCGS and NGC.

Thanks in advance...

derryb

Properly graded it should not affect price on a coin with only 6,749 mintage. Such spotting on older gold is not a defect.

illini420

I think a slight majority of buyers will dislike copper/toning spots and see them as a distraction... but there are some buyers who will like it as a sign of originality and the coin being not "messed with."

Accordingly, I don't think the value is really helped or hurt by copper/toning spots... but you'll just have to find that right buyer who likes the look with the spots. So the liquidity of the coin at the going rate may be slightly decreased in my opinion.

All that said, really hard to say for sure w/o seeing the coin

MrEureka

Tricky question, especially because the correct answer can change significantly from time to time.

MsMorrisine

how about if the newb says "it depends"


if they look like hated "spots".....

mozin

I buy gold Classic Commemoratives. When I look at an available gold piece, if it has a copper spot, I move on, plain and simple.

BillJones

Really big, unattractive copper spots pose a problem. A great many of the 1926 Philadelphia Sesquicentennial $2.50 coins have copper stains, and they do make the coin harder to sell which can translate to lower prices. I have seen that many Pan PAC $2.50 coins with those marks.

If you are thinking about buying the coin, I would pass, unless there is big price discount.

Coin Finder

Thanks everyone, the coin is in a PCGS holder MS63 No spots on the obverse just a couple copper/toning spots/smears on reverse near the rim on the reverse....

Boosibri

<< <i>Thanks everyone, the coin is in a PCGS holder MS63 No spots on the obverse just a couple copper/toning spots/smears on reverse near the rim on the reverse.... >>



Despite the mintage, these coins are quite common. I'd hold out for a very eye appealing example.

AMRC

Copper spots are a good sign that the coin has not been treated. Never a problem for most mature collectors.

ColonelJessup

Any MS63 is low-end for the issue. They come nice. Original and not banged up. Good rich frost. The spread between 64-65 makes upgrading much less economically attractive, so fewer coins have been diddled-with. I'm trying to remember the last time I saw a wholesome 63. If you've found that coin, buy it, spots or not. The market is quite stagnant. Even CAC coins are not selling strongly. You can be patient.

The only copper spots I don't like are the ones with carbon at their centers. Too may people attach a stigma to orange when it's black that's bothersome.

Boosibri

<< <i>Any MS63 is low-end for the issue. They come nice. Original and not banged up. Good rich frost. The spread between 64-65 makes upgrading much less economically attractive, so fewer coins have been diddled-with. I'm trying to remember the last time I saw a wholesome 63. If you've found that coin, buy it, spots or not. The market is quite stagnant. Even CAC coins are not selling strongly. You can be patient.

The only copper spots I don't like are the ones with carbon at their centers. Too may people attach a stigma to orange when it's black that's bothersome. >>



Well said and good advice