Are there Dealers who still are still whizzing coins?

Comments

• JamesM Posts: 757 ✭

  April 13, 2011 2:21AM

  If money can be made from it then clearly people will continue to do it, if you chose to call these people coin dealers then that is up to you.

  --- Mayer Numismatics --- Collectors Corner --- (888) 822 - COIN ---

  0
• stevek Posts: 30,289 ✭✭✭✭✭

  April 13, 2011 2:31AM

  just "a" - LOL
  
  lot more than that from what I have seen...sadly.

  0
• TwoSides2aCoin Posts: 44,623 ✭✭✭✭✭

  April 13, 2011 3:20AM

  whizzing ...

  ``https://ebay.us/m/KxolR5

  0
• questor54 Posts: 1,351 ✭

  April 13, 2011 3:24AM

  Of course.

  0
• BillJones Posts: 34,846 ✭✭✭✭✭

  April 13, 2011 3:31AM

  They are still doing it; it's just that the process is a bit more subtle. One of things that really get me about the “luster thing” and grading is the attraction that some collectors have for coins that shine in their face. Yes, a wonderful P-L coin is fun to view, but a piece that has been worked on to get or “restore” the shine is not for a lot of collectors. Yet you see pieces that have been worked on be the most popular sellers and at times the pieces with higher grades. It’s not the way it should, but if it brings more, people will shine up the coins.
  
  As one old time dealer-collector I know puts it, “Sometimes you just want to buy something to keep it out of the hands of the coin doctors.”
  

  Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

  0
• tahoe98 Posts: 11,388 ✭✭✭

  April 13, 2011 3:49AM

  
  ..it's so very important to be educated against such ne'er-do-wells.

  "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington

  0
• roadrunner Posts: 28,313 ✭✭✭✭✭

  April 13, 2011 9:31AM

  As long as there are newbies to the coin market.......there will be whizzing.
  
  roadrunner

  Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold

  0
• questor54 Posts: 1,351 ✭

  April 13, 2011 9:52AM

  
  
  << <i>As long as there are newbies to the coin market.......there will be whizzing.
  
  roadrunner >>
  
  
  
  Or people who enjoy buying shiny coins. Not always 'newbies'.

  0
• PawPaul Posts: 5,845 ✭

  April 13, 2011 10:43AM

  I have seen a few Franklins in the last couple of years that were whizzed on a small area of the coin - to remove surface PVC damage

  0