Safe Deposit Trip: My coin is spotted.
skier07
Posts: 4,421 ✭✭✭✭✭
I recently made a trip to the SDB. I bought and last looked at this coin maybe 10 years ago. The obverse has developed a bad case of acne while the reverse is unchanged.
I had a similar problem with a Morgan many years ago and PCGS "fixed" the coin without charging me. Do they still do this? What are my best options?
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I would call them directly...my past experience is: they are handled on a case by case basis.
Rob
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A couple of tips that may help with your SDB storage:
1) Don't store or use any rubber bands in the box
2) Include some silica packs to absorb the moisture.
If you use silica gel packs you need to put them with your coins in an air tight container or in a zip lock bag. If not in a sealed environment the silica gel packs will quickly become saturated with water since SDB's aren't air tight. They can be periodically dried out in your oven to make them fresh again.
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"Paper money eventually returns to its intrinsic value---zero."----Voltaire
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Sadly, no. At least not for free. Those days are long gone.
Lance.
Your options?
It looks to me, from the southern haze, that the Morgan suffered PVC damage. The haze should clean up nicely with professional or self-restoration. The question is, what about the black spots?
If they have eaten into the surface of the coin then the damage can't be undone. Otherwise it may be possible to dip them off. Acetone won't do it. It probably requires eZest. Spot treatment with MS70 may work but I've had less success with that.
Bummer.
Lance.
If you live within a hundred miles of the coast, not even ziplock bags will save your silica packs. I've made trips every other weekend to the safety deposit box in the past and found my silica gel packs in ziplock bags were already saturated. They were in heavy duty Ziplock bags and tightly sealed without gaps or holes. Nothing keeps that stuff dry.
I don't have the time to make a trip to the bank every two weeks to bring home the silica gel and bake it. I gave up on silica packs years ago and fortunately have not noticed any spots on my coins. As a precaution, I inspect all coins for spots, whether they be 'on' the coin or 'in' the coin prior to purchase.
On topic but off topic.............I ruined a Rem 1100 bird barrel using a desiccant.
Perhaps @ricko can help us with desiccants, I know he has the knowledge and experience.
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I am not sure how you ruined a Rem.1100 bird barrel with a desiccant.... what did it do? What chemical was it?
Was it in contact with the barrel? I have used desiccants in my safe for thirty years... no effects on firearms or coins...Cheers, RickO
If you have a big box, it will hold a "security" box that you can buy at most stores.
The boxes are fireproof and have seals around the lid.
They're SOLD as burglar deterrents, but they aren't.
@ricko
I was young and stupid..................but I did learn from my mistake.
It was CaCl.....in an old sock......wrapped around the barrel.
I KNOW WHAT YOU ARE GOING TO SAY.....but I already said I was young and stupid.
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My coin was stored in a SDB which only had PCGS boxes which were all full. This was the only coin that went bad. I'm guessing the coin was "doctored" prior to me buying it and over the years it gradually turned.
I'm not so sure about that. There are a lot of different coasts. One hundred miles inland in Southern California is not the same as one hundred miles inland in say, Texas, off the Gulf Coast. Humidity is the real killer. Humidity plus a hot coastal climate can and does equal disaster for coins. Want a sure thing? Put your coins in a safe deposit box in Barstow, California. It's not the nicest town. By far. But your coins will love it. And it's only 100 miles or so from the beach......and all those hot chicks in bikinis. In my dreams.
This is critical advice. If you just toss silica gel packs into the box then you will be pulling moisture in from the rest of the vault.
I have kept coins in Houston, West Palm Beach and Seattle with no issues.... Dessicant in the safe at all times. Cheers, RickO
Best option is to sell the coin on Ebay (with good pics so the buyer will see what he is getting) and pick up a coin that you like. Unless the coin has sentimental value it is not worth shipping back and forth to get it cleaned up.
And based on the price that horribly rusted PCGS MS-67 steel cent that was posted here went for on eBay you'll probably get close to the market value of what one not turning in the holder would get.
I'm sorry to see that. That's a nice coin otherwise.
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