Key date coins that are harshly cleaned

Coin Finder · January 17, 2020 9:08PM

So what is a 1928 p peace dollar worth if it is harshly cleaned . Let’s say a vf coin, where would you want to be as s buyer?

amwldcoin · January 17, 2020 9:10PM

Half or less than VG Bid! It would be different(a lot more) if you used a key date Bust or Seated Liberty for example!

Cougar1978 · January 18, 2020 6:53AM

I don’t want something that has been harshly cleaned. In that case I buy problem free material in my budget area.

If you need that to fill a hole I understand. Check auction history on similar items.

TennesseeDave · January 18, 2020 6:56AM

To me the value would be about 2 times the melt value on something like that.

291fifth · January 18, 2020 6:57AM

How low can you go? Problem coins just make someone else's problem your problem. Do you really need another problem?

CCGGG · January 18, 2020 7:00AM

Not for me at any price.

savitale · January 18, 2020 7:08AM

At the internet auction sites, Details coins run about half of the price of a straight graded piece.

johnny9434 · January 18, 2020 10:15AM

pass

mannie gray · January 18, 2020 12:41PM

If the price is right, buy it.
This is something that only experience will tell you.
I did not start off in this business to buy and sell junk, but I have found that junk and "crap" is much easier (for me, anyway) to move and profit from than superb gem rarities.
If I go to a show with a box of crap it will certainly be gone before the show is over.
But the gem material will be gathering dust.
Everybody wants to think they're getting a deal.

PerryHall · January 18, 2020 1:01PM

Bad example. If it were harshly cleaned I would assume that someone removed the S mintmark from a 1928-S Peace dollar and the harsh cleaning was used to hide the alteration. Most key date coins have been heavily counterfeited and sometimes counterfeiters will harshly clean coins to hide their origins and to make them more difficult to authenticate.

Coin Finder · January 18, 2020 1:50PM

Thanks all!!

JRocco · January 18, 2020 2:19PM

It all depends on the price.
Everything in the world, coins included, have a base value and if you can purchase it under that
base value you are ahead of that deal. Whatever that deal is.

Would I buy a 55 Gullwing Benz if it had a dent on the fender....you betcha I would.

Coin Finder · January 18, 2020 2:21PM

It weights right and is the right dimensions... is it a proof? Is it real? Thanks!

shorecoll · January 18, 2020 2:25PM

I think we are in a worse than usual market for details coins. I have bought some R5 details coins a lot cheaper in the last year or so than they used to be.

lkeigwin · January 18, 2020 11:19PM

@JRocco said:
It all depends on the price.
Everything in the world, coins included, have a base value and if you can purchase it under that
base value you are ahead of that deal. Whatever that deal is.

Would I buy a 55 Gullwing Benz if it had a dent on the fender....you betcha I would.

Damn. I wish I could afford to buy one with a fender dent. Can I trade you for some bust halves?
Lance.

Jimnight · January 19, 2020 4:24AM

In my world clean is not in.

ricko · January 19, 2020 6:21AM

I would just pass.... Not worth getting a poor coin, unless a super rarity....Anymore, I just buy coins I like. Cheers, RickO

MFeld · January 19, 2020 6:44AM

@savitale said:
At the internet auction sites, Details coins run about half of the price of a straight graded piece.

Sorry, but I think that’s way too broad of a statement to be accurate. It depends on a number of factors, including the details grade, itself, the problem(s) that accounted for the details designation and the value of the coin the next grade and next couple of grades lower, if straight graded.

Cazkaboom · January 19, 2020 7:11AM

@lkeigwin said:

@JRocco said:
It all depends on the price.
Everything in the world, coins included, have a base value and if you can purchase it under that
base value you are ahead of that deal. Whatever that deal is.

Would I buy a 55 Gullwing Benz if it had a dent on the fender....you betcha I would.

Damn. I wish I could afford to buy one with a fender dent. Can I trade you for some bust halves?
Lance.

Damn. I wish I could afford a dented fender. Can I trade my pocket lint?

In respect to the OP, AG-G price for that coin in particular. Rare(r) coins may command a higher premium because the may be far fewer coins in that grade range but have a higher demand to collectors who can't afford a straight graded one. Example: you're not gonna get a vf details 1794 dollar at AG price. If you do, you're likely getting ripped off.

lkeigwin · January 19, 2020 9:28AM

To @MFeld 's point, here is an R6 that, straight-graded, is an $8,000+ coin. It sold for $302.
Lance.

Coinstartled · January 19, 2020 9:47AM

The 1885-CC Morgan is a $600 coin in MS64 and $300 plus in virtually any condition, including harshly cleaned.

BTW, GC has a monster MS68 up tonight.

DennisH · January 19, 2020 10:41AM

@CCGGG said:
Not for me at any price.

Same for me, except I would be a buyer at melt.

stman · January 19, 2020 10:48AM

I don’t believe I’ve seen a harshly cleaned coin offered.

Usually says lightly cleaned long ago.

MasonG · January 19, 2020 11:30AM

Harshly cleaned (and described as such) Morgans can be found here...

https://www.ebay.com/dsc/i.html?_sacat=0&LH_TitleDesc=1&_udlo=&_udhi=&_ftrt=901&_ftrv=1&_sabdlo=&_sabdhi=&_samilow=&_samihi=&_sadis=15&_stpos=83653-1093&_sop=12&_dmd=1&_ipg=50&_fosrp=1&_nkw=morgan+harshly&_in_kw=1&_ex_kw=

golden · January 19, 2020 7:32PM

Cheap is not cheap enough.

savitale · January 19, 2020 7:39PM

@MFeld said:

@savitale said:
At the internet auction sites, Details coins run about half of the price of a straight graded piece.

Sorry, but I think that’s way too broad of a statement to be accurate. It depends on a number of factors, including the details grade, itself, the problem(s) that accounted for the details designation and the value of the coin the next grade and next couple of grades lower, if straight graded.

You're right, of course, the price of a coin depends on many factors. Thanks for stating the obvious.

MFeld · January 19, 2020 7:59PM

@savitale said:

@MFeld said:

@savitale said:
At the internet auction sites, Details coins run about half of the price of a straight graded piece.

Sorry, but I think that’s way too broad of a statement to be accurate. It depends on a number of factors, including the details grade, itself, the problem(s) that accounted for the details designation and the value of the coin the next grade and next couple of grades lower, if straight graded.

You're right, of course, the price of a coin depends on many factors. Thanks for stating the obvious.

You’re most welcome. I prefer the obvious, to overly broad statements, which are frequently incorrect.

CoinJunkie · January 19, 2020 9:32PM

@lkeigwin said:

To @MFeld 's point, here is an R6 that, straight-graded, is an $8,000+ coin. It sold for $302.
Lance.

True, but that's a bit more egregious than "harshly cleaned".

amwldcoin · January 20, 2020 7:05AM

I can put a perspective on this. I sold a PCGS AG3 that you couldn't even see the leaf on for over $1,000.

@CoinJunkie said:

@lkeigwin said:

To @MFeld 's point, here is an R6 that, straight-graded, is an $8,000+ coin. It sold for $302.
Lance.

True, but that's a bit more egregious than "harshly cleaned".

topstuf · January 20, 2020 7:37AM

@CoinJunkie said:

@lkeigwin said:

To @MFeld 's point, here is an R6 that, straight-graded, is an $8,000+ coin. It sold for $302.
Lance.

True, but that's a bit more egregious than "harshly cleaned".

PUT......THE.....PIN......BACK !!!

Key date coins that are harshly cleaned

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