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perkdog
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I been reading the coin forum for a few weeks now as I been slowly venturing into coin collecting, I have a few questions Id like to ask.
1- Toning on coins, does this increase value?
2 Die cracks, Ive seen a few ebay auctions advertising this. Does this hurt the value?
1- Toning on coins, does this increase value?
2 Die cracks, Ive seen a few ebay auctions advertising this. Does this hurt the value?
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<< <i>I been reading the coin forum for a few weeks now as I been slowly venturing into coin collecting, I have a few questions Id like to ask.
1- Toning on coins, does this increase value?
2 Die cracks, Ive seen a few ebay auctions advertising this. Does this hurt the value? >>
I think the answer to both questions is "it depends"
for example, some toning is ugly. That kind of toning hurts value. Attractive toning that is market acceptable can increase value a bunch
as for die cracks, some specialists dig die cracks and certain cracks in the right places at the right stage of die failure can enhance value. Some people see them as defects or just oddities that they won't pay extra to obtain
<< <i>
<< <i>I been reading the coin forum for a few weeks now as I been slowly venturing into coin collecting, I have a few questions Id like to ask.
1- Toning on coins, does this increase value?
2 Die cracks, Ive seen a few ebay auctions advertising this. Does this hurt the value? >>
I think the answer to both questions is "it depends"
for example, some toning is ugly. That kind of toning hurts value. Attractive toning that is market acceptable can increase value a bunch
as for die cracks, some specialists dig die cracks and certain cracks in the right places at the right stage of die failure can enhance value. Some people see them as defects or just oddities that they won't pay extra to obtain >>
Thanks Barndog, interesting to see you around these parts. I just ventured over here myself
Thanks for the answers
<< <i>I been reading the coin forum for a few weeks now as I been slowly venturing into coin collecting, I have a few questions Id like to ask.
1- Toning on coins, does this increase value?
2 Die cracks, Ive seen a few ebay auctions advertising this. Does this hurt the value? >>
There are no hard and fast answers to these questions. Toning can add value to a coin if:
1. It is natural and original and has not been artificially applied to the coin.
2. It is attractive or at least neutral. This is a tough one because one person’s attractive toning might be another person’s ugly toning.
3. There are some collectors who only want their silver coins to be “white” be it the original mint surface or a surface that has become “white” from dipping. Such collector will avoid or even refuse to buy toned coins not matter what others in the market might have to say about it.
Die breaks can add or subtract from the value of a coin.
1. Some collectors are interested in die states of coins. Most often these collectors specialize in older classic coins. Some late die dates of coins, especially coins that have “cuds” which are die breaks at the edge of a piece are very valuable.
2. Sometimes late die state coins are do not have sharp devices. If there is not a specialized market for the late die state, sometimes this can be a negative.
3. On some modern issues die chips, breaks or injuries can catch the attention of some collectors and add value.
None of these answers is exhaustive because the questions you posed have answers that vary from coin to coin. In other words the answers are so diverse, that you will be spend a lifetime as a collector learning them all.
``https://ebay.us/m/KxolR5
Good to see my Sigline is welcome over here too
Im under the assumption that any type of cleaning is bad, that being said is there any way to recognize this? I read in a post hear that there were small lines in a coin from being cleaned? Maybe a rough cleaning instrument was used and that "Scraped" that coin, im not quite sure how else anyone could tell. I ask this because Im looking to buy a few Raw Coins before getting into the higher priced Graded pieces, Im especially interested in the Draped and Capped Bust Half Dollars and dont want to get a coin that would be only authentic if I decide to get it graded down the road.
Thank You again for any input.
<< <i>I hope the board doesnt mind me asking a few more questions, my next Question is coin cleaning.
Im under the assumption that any type of cleaning is bad, that being said is there any way to recognize this? I read in a post hear that there were small lines in a coin from being cleaned? Maybe a rough cleaning instrument was used and that "Scraped" that coin, im not quite sure how else anyone could tell. I ask this because Im looking to buy a few Raw Coins before getting into the higher priced Graded pieces, Im especially interested in the Draped and Capped Bust Half Dollars and dont want to get a coin that would be only authentic if I decide to get it graded down the road.
Thank You again for any input. >>
Welcome to coin collecting!
There are cleaned coins that look so unnatural almost anyone could tell something happened to them (take a pencil eraser to a copper cent and see what color you end up with - that's going to be obvious). And there are cleaned coins that your average person on the street would think look fine, but an experienced collector would know it was cleaned. And especially with older coins like you are looking for, there are coins that were cleaned long ago and perhaps have retoned. That makes it even more difficult to detect cleaning. If you are going to buy raw coins and can't tell if they have been cleaned, I think there's only two options. One is only buy coins that, if they get no-grades due to cleaning, you won't care. Option two is buy from a reputable dealer. If it would ruin your day to buy a raw coin and find out later that it was cleaned, altered, repaired, etc. then don't buy raw coins and treat yourself to the peace of mind you would have by buying already-slabbed coins.
Cleaned coins look different to an experienced eye. I don't know how to describe it in words, but I assure you that it can be detected. Ideally, you would want to find someone who can work with you to show you examples. All the books and pictures in the world cannot substitute for looking at actual coins.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
For sure when I buy my first Draped or Capped Half it will be in a PCGS holder, I been holding out until Im comfortable with the research ive done. The board has been a great help so far and I appreaciate the "Welcome" I look forward to meeting some new friends over in the Coin world, hopefully it will be just as fun as when I was into SportCards.
<< <i>1- Toning on coins, does this increase value? >>
Depends. See this page for more info: http://www.pcgs.com/eyeappeal.html
Good luck!
Jeff
<< <i>
<< <i>1- Toning on coins, does this increase value? >>
Depends. See this page for more info: http://www.pcgs.com/eyeappeal.html >>
Thank you for that link, I'd never seen it spelled out like that before, by the ones actually doing the grading. Good to know!